Listed by RE/MAX Northwest
$236,000
SOLD APR 24, 2019
-- Bed
-- Bath
1,092 Sq Ft
0.27 Acres

Recently Sold

$216 Per Sq Ft

2 Days on Market

Highlights

  • Wood Siding
  • Wall to Wall Carpet
  • 1-Story Property

About This Home

As of December 2020

New Roof! New floor coverings in vacant unit! Two bedrooms, one full bath, for each side! Both sides always easy to rent! One side month-to-month, one side newly vacant for potential owner occupant! Acquire for investment, occupy one side and rent out the other side! Extra large lot also provides possibility of dividing property into two lots! Check in with the City of Lakewood. Welcome Home!

Last Agent to Sell the Property

Eric Herbel

RE/MAX Northwest License #32014 Listed on: 03/14/2019

RE/MAX Northwest

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1423772

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,432

Year Built

  • Built in 1942

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,092 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Additional Features

  • 0.27 Acre Lot
  • Well

Community Details

  • Lakewood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5005005410

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,432

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1942
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1092
  • Special Features: None
  • Cumulative Days on Market: 572

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Fair
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Individual Well
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric, Individual Well
  • PowerCompany: Puget Sound Energy
  • SewerCompany: Pierce County
  • WaterCompany: Lakewood Water
  • WaterSewerGarbage: 480

Schools

  • Junior High Dist: Clover Park

Lot Info

  • Parcel Number: 5005005410
  • Lot Size Acres: 0.2709
  • Lot Size Sq Ft: 11800
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: pierce county
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 1620

Multi Family

  • Gross Scheduled Income: 19440
  • Net Operating Income: 14956
  • Number Of Units Total: 2
  • Insurance Expense: 600
  • Leasable Area: 1092
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2018
  • Tax Annual Amount: 2432

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2022
Sold by
Philip Lindholm
Bought by
Wyoming Woopie Llc
Current Estimated Value
$424,754

Purchase Details

Closed on
Dec 3, 2021
Sold by
Lindholm Philip
Bought by
Wyoming Woopie Llc and 9821 9823 Trust

Purchase Details

Listed on
Nov 18, 2020
Closed on
Dec 3, 2020
Sold by
Mehrer Kyle Benjamin and Krippaehne Gordon Robert
Bought by
Lindholm Philip
Seller's Agent
Reid Jones
Westlake Associates, Inc.
Buyer's Agent
Philip Lindholm
Terry Wise & Associates
List Price
$315,000
Sold Price
$315,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.70%
Original Mortgage
$326,300
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 14, 2019
Closed on
Apr 22, 2019
Sold by
Hoffman Vaughn W and Hoffman Constance S
Bought by
Mehrer Kyle Benjamin and Krippaehne Gordon Robert
Seller's Agent
Eric Herbel
RE/MAX Northwest
List Price
$236,000
Sold Price
$236,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.38%
Original Mortgage
$200,600
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 1996
Sold by
Cofoni Michael E
Bought by
Hoffman Vaughn W and Hoffman Constance S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,400
Interest Rate
7.84%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Warranty Deed -- None Listed On Document
Warranty Deed -- None Available
Warranty Deed $315,000 First American Title
Warranty Deed $236,000 Wfg Natl Ttl Co Of Wa Llc
Warranty Deed $80,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $300,000 New Conventional
Previous Owner $326,300 New Conventional
Previous Owner $200,600 New Conventional
Previous Owner $120,000 Unknown
Previous Owner $62,400 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2020 12/09/20 Sold $315,000 0.0% $288 / Sq Ft
11/24/2020 11/24/20 Pending -- -- --
11/18/2020 11/18/20 For Sale $315,000 +33.5% $288 / Sq Ft
04/24/2019 04/24/19 Sold $236,000 0.0% $216 / Sq Ft
03/16/2019 03/16/19 Pending -- -- --
03/14/2019 03/14/19 For Sale $236,000 -- $216 / 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 $3,677 $358,500 $203,600 $154,900
2024 $3,677 $364,000 $208,200 $155,800
2023 $3,677 $333,200 $196,900 $136,300
2022 $3,230 $331,300 $206,600 $124,700
2021 $3,012 $224,900 $126,700 $98,200
2019 $2,297 $199,700 $110,200 $89,500
2018 $2,432 $185,000 $99,800 $85,200
2017 $2,303 $155,500 $80,600 $74,900
2016 $1,958 $121,000 $51,400 $69,600
2014 $1,688 $114,600 $48,400 $66,200
2013 $1,688 $97,600 $39,900 $57,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1423772

Northwest Multiple Listing Service (NWMLS)

APN: 500500-5410