Listed by Real Broker LLC, Bought with COMPASS
$488,000
SOLD FEB 28, 2025
4 Beds
2 Baths
1,568 Sq Ft
7,375 Sq Ft Lot

Recently Sold

$311 Per Sq Ft

6% Below List Price

Highlights

  • Corner Lot
  • Vinyl Plank Flooring
  • Partially Fenced Property
  • No HOA
  • Baseboard Heating
  • 1-Story Property

About This Home

As of February 2025

Incredible investment opportunity on a spacious corner lot in Lakewood! This darling duplex features one side at 800 square feet with 2 BR/1BA, tastefully updated with new laminate flooring, interior paint and a fence, and the second side is a well maintained 768 square feet with 2 BR/1 BA with newer carpets. Brand new roof installed 9/7 on both units and the carport with transferable 50 yr warranty. The units are only connected via the carport in between them! Both units have separate water and power meters, all utilities except sewer are currently paid by tenants directly. Great curb appeal, ample parking, conveniently located to parks, public transportation and amenities. What's not to love?!:)

Last Agent to Sell the Property

David Pichler

Real Broker LLC License #23013284 Listed on: 08/29/2024

Real Broker LLC

Co-Listed By

Karay Masin

Real Broker LLC License #129224

Last Buyer's Agent

Becky Barrick

COMPASS License #25012703

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2284895

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,425

Year Built

  • Built in 1946

Lot Details

  • 7,375 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot

Home Design

  • Duplex
  • Flat Roof Shape
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,568 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 6 Parking Spaces
  • Open Parking

Utilities

  • Baseboard Heating
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • Lakewood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9415000080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,425

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1946
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1568
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: Seller Directed
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Vinyl Plank, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition, Flat
  • Lot Features: Corner Lot, Paved
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood Products
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: Lakeview Light & Power
  • SewerCompany: Pierce County
  • WaterCompany: Pierce County
  • WaterSewerGarbage: 1397

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Clover Park

Lot Info

  • Parcel Number: 9415000080
  • Lot Size Acres: 0.1693
  • Lot Size Sq Ft: 7375
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 13.76
  • LeasedItems: None
  • TotalMonthlyIncome: 3300

Multi Family

  • Gross Scheduled Income: 39600
  • Net Operating Income: 32674
  • Number Of Units Total: 2
  • Insurance Expense: 1104
  • Leasable Area: 1568
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2024
  • Tax Annual Amount: 4425

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2024
Closed on
Feb 14, 2025
Sold by
Unga Michelle
Bought by
Unga Sione
Seller's Agent
David Pichler
Real Broker LLC
Buyer's Agent
Becky Barrick
COMPASS
List Price
$520,000
Sold Price
$488,000
Premium/Discount to List
-$32,000
-6.15%
Views
45
Current Estimated Value
$453,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,509
Avg. Annual Appreciation
-11.91%
Original Mortgage
$366,000
Outstanding Balance
$364,494
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$91,202

Purchase Details

Closed on
Dec 17, 2022
Sold by
Newman Patcharee
Bought by
9641 Meadow Rd Sw Trust and Blue Sky Assets Llc

Purchase Details

Listed on
Apr 24, 2019
Closed on
May 29, 2019
Sold by
Porto Emil and Porto Michelle
Bought by
Newman Patcharee
Seller's Agent
James Dainard
Heaton Dainard, LLC
Buyer's Agent
David Pichler
Real Broker LLC
List Price
$329,000
Sold Price
$326,000
Premium/Discount to List
-$3,000
-0.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.47%
Original Mortgage
$309,700
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 15, 2018
Closed on
Nov 9, 2018
Sold by
M Y Properties Llc
Bought by
Porto Emil and Porto Michelle
Seller's Agent
Ken Abbott
Abbott Partners
Buyer's Agent
Jennifer Hafner
Heaton Dainard, LLC
List Price
$240,000
Sold Price
$210,000
Premium/Discount to List
-$30,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
140.99%
Original Mortgage
$206,000
Interest Rate
4.8%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 13, 2006
Sold by
Yamamoto Yoshitaka and Billings Meg L
Bought by
M Y Properties Llc

Purchase Details

Closed on
Jan 12, 2005
Sold by
M Y Properties Llc
Bought by
Yamamoto Yoshitaka and Billines Meg L A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,400
Interest Rate
5.73%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 11, 2002
Sold by
Tajiri Richard T and Tajiri Paula Minako
Bought by
Yamamoto Yoshitaka and Billings Meg L A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,200
Interest Rate
6.24%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Stewart Title
Warranty Deed $488,000 Stewart Title
Warranty Deed -- --
Warranty Deed $326,000 Fidelity National Title
Warranty Deed $209,719 First American Title Insuran
Quit Claim Deed -- None Available
Quit Claim Deed -- --
Warranty Deed $129,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $366,000 New Conventional
Previous Owner $309,125 New Conventional
Previous Owner $309,700 New Conventional
Previous Owner $206,000 Construction
Previous Owner $71,400 Unknown
Previous Owner $103,200 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $488,000 -4.3% $311 / Sq Ft
02/04/2025 02/04/25 Pending -- -- --
12/20/2024 12/20/24 Price Changed $510,000 -1.9% $325 / Sq Ft
12/06/2024 12/06/24 For Sale $520,000 0.0% $332 / Sq Ft
11/10/2024 11/10/24 Pending -- -- --
10/19/2024 10/19/24 Price Changed $520,000 -2.8% $332 / Sq Ft
09/29/2024 09/29/24 Price Changed $535,000 -1.8% $341 / Sq Ft
08/29/2024 08/29/24 For Sale $545,000 +67.2% $348 / Sq Ft
05/31/2019 05/31/19 Sold $326,000 -0.9% $208 / Sq Ft
05/02/2019 05/02/19 Pending -- -- --
04/24/2019 04/24/19 For Sale $329,000 +56.7% $210 / Sq Ft
12/01/2018 12/01/18 Sold $210,000 -12.5% $263 / Sq Ft
10/01/2018 10/01/18 Pending -- -- --
09/28/2018 09/28/18 For Sale $240,000 0.0% $300 / Sq Ft
09/25/2018 09/25/18 Pending -- -- --
09/13/2018 09/13/18 Price Changed $240,000 0.0% $300 / Sq Ft
09/13/2018 09/13/18 For Sale $240,000 -7.7% $300 / Sq Ft
08/27/2018 08/27/18 Pending -- -- --
08/13/2018 08/13/18 Price Changed $260,000 -25.7% $325 / Sq Ft
07/15/2018 07/15/18 For Sale $350,000 -- $438 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,426 $427,800 $213,900 $213,900
2024 $4,426 $426,000 $209,700 $216,300
2023 $4,426 $395,900 $189,000 $206,900
2022 $4,186 $417,300 $203,000 $214,300
2021 $4,054 $300,700 $126,900 $173,800
2019 $2,986 $272,800 $109,100 $163,700
2018 $3,177 $237,700 $90,800 $146,900
2017 $3,111 $208,800 $70,500 $138,300
2016 $2,604 $173,200 $50,900 $122,300
2014 $2,334 $157,900 $44,400 $113,500
2013 $2,334 $142,000 $35,900 $106,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2284895

Northwest Multiple Listing Service (NWMLS)

APN: 941500-0080