NOT LISTED FOR SALE

Estimated Value: $625,000

4 Beds
4 Baths
2,112 Sq Ft
$296/Sq Ft Est. Value

Last Sold January 31, 2013

Last sale price $174,500 $83 Per Sq Ft

Est. 258% increase in value since last sale

Current estimated payment $3,920/month

1 Day on Market

Highlights

  • Patio
  • Wood Siding
  • 1-Story Property
  • Partially Fenced Property
  • Wall to Wall Carpet

About This Home

As of January 2013

One bedroom, one bath units in quiet area of Lakewood close to ammenities. Four-plex is one level with all appliances. Partially fenced. Private patios with storage. Parking for eight vehicles. Some deferred maintenance.

Last Agent to Sell the Property

Diane Hitt

Skyline Properties, Inc. License #15820 Listed on: 08/01/2012

Skyline Properties, Inc.

Last Buyer's Agent

Diane Hitt

Skyline Properties, Inc. License #15820 Listed on: 08/01/2012

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 389064

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,067

Year Built

  • Built in 1978

Lot Details

  • 0.28 Acre Lot
  • Street terminates at a dead end
  • Partially Fenced Property

Home Design

  • Quadruplex
  • Poured Concrete
  • Built-Up Roof
  • Wood Siding

Interior Spaces

  • 2,112 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Schools

  • Park Lodge Elementary School
  • Lochburn Mid Middle School
  • Clover Park High School

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • Lakewood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0219022139

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,067

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1978
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 2112
  • Special Features: 12
  • Cumulative Days on Market: 360

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Built-Up
  • Lot Features: Curbs, Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Fair
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: Lakeview Light & Power Co
  • SewerCompany: Pierce
  • WaterCompany: Lakewood Water District
  • WaterSewerGarbage: 4968

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Clover Park
  • High School: Clover Park High
  • Middle Or Junior School: Lochburn Mid

Lot Info

  • Parcel Number: 0219022139
  • Lot Size Acres: 0.28
  • Lot Size Sq Ft: 12197
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Patio
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 6
  • LeasedItems: None
  • TotalMonthlyIncome: 2400

Multi Family

  • Gross Scheduled Income: 28800
  • Net Operating Income: 18901
  • Number Of Units Total: 4
  • Insurance Expense: 1000
  • Leasable Area: 2112
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2012
  • Tax Annual Amount: 3067

MLS Schools

  • Elementary School: Park Lodge Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2012
Closed on
Jan 29, 2013
Sold by
Turpen Kirby R
Bought by
Leanna William R and Leanna Robin C
Seller's Agent
Diane Hitt
Skyline Properties, Inc.
Buyer's Agent
Diane Hitt
Skyline Properties, Inc.
List Price
$169,950
Sold Price
$174,500
Premium/Discount to List
$4,550
2.68%
Current Estimated Value
$625,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$450,500
Avg. Annual Appreciation
10.67%
Original Mortgage
$130,875
Outstanding Balance
$27,431
Interest Rate
3.33%
Mortgage Type
Commercial
Estimated Equity
$597,569

Purchase Details

Closed on
Dec 7, 2005
Sold by
Executive Property Group Llc
Bought by
Turpen Kirby R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 31, 2005
Sold by
Turpen Kirby R
Bought by
Executive Property Group Llc

Purchase Details

Closed on
Jul 13, 2004
Sold by
Lrt Real Estate Investment Llc
Bought by
Turpen Kirby R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,983
Interest Rate
6.17%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 7, 2003
Sold by
Knoll Raymond
Bought by
Lrt Real Estate Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.29%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 18, 2002
Sold by
Knoll Raymond A
Bought by
Lrt Real Estate Investments Llc

Purchase Details

Closed on
Sep 5, 2002
Sold by
Duquette Donna R
Bought by
Knoll Raymond A and Knoll Lydia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,800
Interest Rate
6.29%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 6, 1997
Sold by
Eshelman James D
Bought by
Duquette Timothy F and Duquette Donna R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,800
Interest Rate
7.3%
Mortgage Type
Commercial
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 Buyer Sale Price Title Company
Leanna William R $174,500 Attorneys Title Of Washingto
Turpen Kirby R -- Fidelity National Title Insu
Executive Property Group Llc -- --
Turpen Kirby R $260,000 Fidelity National Title Co
Lrt Real Estate Investments Llc -- Chicago Title Insurance Co
Knoll Raymond -- Chicago Title Insurance Co
Lrt Real Estate Investments Llc -- --
Knoll Raymond A $186,100 Fidelity National Title Co
Duquette Timothy F $166,947 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leanna William R $130,875
Previous Owner Turpen Kirby R $63,814
Previous Owner Turpen Kirby R $260,000
Previous Owner Turpen Kirby R $32,450
Previous Owner Turpen Kirby R $255,983
Previous Owner Knoll Raymond $150,000
Previous Owner Knoll Raymond A $148,800
Previous Owner Duquette Timothy F $114,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2013 01/31/13 Sold $174,500 +2.7% $83 / Sq Ft
08/03/2012 08/03/12 Pending -- -- --
08/01/2012 08/01/12 For Sale $169,950 -- $80 / 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 $6,168 $611,400 $237,600 $373,800
2024 $6,168 $596,200 $233,000 $363,200
2023 $6,168 $564,700 $218,000 $346,700
2022 $5,474 $570,100 $234,100 $336,000
2021 $4,946 $373,400 $146,300 $227,100
2019 $3,576 $313,000 $125,800 $187,200
2018 $3,724 $290,900 $107,900 $183,000
2017 $3,631 $248,200 $83,900 $164,300
2016 $2,986 $202,400 $60,600 $141,800
2014 $2,855 $184,000 $52,800 $131,200
2013 $2,855 $167,500 $42,700 $124,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 389064

Northwest Multiple Listing Service (NWMLS)

APN: 021902-2139