217 Lake Louise Drive Southwest, Unit A&B

Lakewood, WA 98498

$449,900
Price
2
Beds
2
Baths
1,144 Sq. Ft.
$393 / Sq. Ft.
1,144
Sq. Ft.
$393
per Sq. Ft.

Description

Great rental or house hack oportunity! You're going to love this! Both units have views of Lake Louise and lawn outfront plus patio in the back. Unit A is studio with full bath & full kitchen, fireplace and over 350 sq ft. Unit B would be great for an owner occupant. Shy 800 sq ft owner's unit has 2 bedrooms, full bath with skylight, woodstove insert for winter nights, full kitchen with all appliances...even washer & dryer included! French doors onto a big patio. There is a large pantry, fireplace...Great rental or house hack oportunity! You're going to love this! Both units have views of Lake Louise and lawn outfront plus patio in the back. Unit A is studio with full bath & full kitchen, fireplace and over 350 sq ft. Unit B would be great for an owner occupant. Shy 800 sq ft owner's unit has 2 bedrooms, full bath with skylight, woodstove insert for winter nights, full kitchen with all appliances...even washer & dryer included! French doors onto a big patio. There is a large pantry, fireplace and great Lake views from the living room. Both units have a dedicated carport. Quiet area. Storage shed for lawn mower & property maintenance. Live in 1, have the renter paydown some of your mortgage! Don't miss this!
  1. Listed by Greg Gallagher • Real Estate Gladiators

Property Details for 217 Lake Louise Drive Southwest, Unit A&B

Community Name
Lake Louise
School District
Clover Park
View
Lake
Number of Assigned Spaces
2
Total Covered Parking
0
Entry Date
10-30-2024
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 11/13/2024 12:27 PM

Property Details for 217 Lake Louise Drive Southwest, Unit A&B

StatusActive
MLS #2306781
Days on Market25
Cumulative Days on Market25
Taxes$3,876 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1950
Lot Size0.36 AC / 15,682 SF
CountyPierce County

Building Information for 217 Lake Louise Drive Southwest, Unit A&B

Stories1Residences2Year Built1950Building Size-Lot Size0.36 AC / 15,682 SF

Property Information for 217 Lake Louise Drive Southwest, Unit A&B

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Outbuildings, Patio
  • Area: 38 - Lakewood
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Effective Year Built Source: Public Records
  • Directions: Steilacoom Blvd SW south onto Hipkins Rd SW, follow to 104th St SW, South on Lake Louise Dr, Buildings on the left
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 2.0
  • Carport: No
  • Open Parking Spaces: 0.0
  • Open Parking: No
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Ceramic Tile, Carpet
  • Features: Ceramic Tile, Wall to Wall Carpet
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Wall Unit(s)
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 840
  • Power Company: PSE
  • Sewer Company: Pierce County
  • Water Company: Lakewood Water District
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete, Slab
  • First Right Of Refusal: false
  • MLS Square Footage Source: County
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1990
  • Photos Count: 11
Lot Information
  • Lot Details: Paved
  • Lot Size Source: County
  • Parcel Number Free Text: 0219043087
  • Building Condition: Very Good
  • Calculated Square Footage: 1144
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 1144.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 0
  • Number of Stories in Building: 1
  • Unit Number: A&B
  • Vacancy Rate: 1
  • Number Of Units Total: 2
  • Units Below Grade: false
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $1,200
  • Total Expenses: 7116
  • Gross Adjusted Income: 33264
  • Gross Rent Multiplier: 13.38
  • Gross Scheduled Income: $33,600
  • Insurance Expense: $1,200
  • Net Operating Income: $26,148
  • Other Expenses: $0
  • Total Monthly Income: 2800
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: A
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 352
  • Rent Unit 1: $1,000.00
  • Bedrooms Unit 1: 0
  • Fireplaces Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: B
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 792
  • Rent Unit 2: $1,800.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 1
  • Bathrooms Unit 2: 1
Rental
Rent Information
  • Occupant Type: Vacant
  • Leasable Area: 1144.0
  • Leasable Area Units: Square Feet

Property History for 217 Lake Louise Drive Southwest, Unit A&B

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 217 Lake Louise Drive Southwest, Unit A&B

Taxable ValueLand$130,100Additions$117,200Total$247,300
Tax Record2021$3,294 ($274 / month)
Home Facts
Total Finished SqFt1,144 SqFtAbove Ground SqFt1,144 SqFtStories1Lot Size15,682 SqFtStyleDuplexYear Built1950Year Renovated1990ZoningR3CountyPIERCEAPN0219043087Fireplace TypeSingle

Schools near 217 Lake Louise Drive Southwest, Unit A&B

This home is within Clover Park School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Lake Louise Elementary School
PublicPK to 5

Woodbrook Middle School
Public6 to 8

Lakes High School
Public9 to 12

Re-Entry Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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217 Lake Louise Drive Southwest, Unit A&B is a multi-family home for sale in Lakewood, WA 98498. This property was listed for sale on October 30, 2024 by Real Estate Gladiators, it's currently listed at $449,900. This listing's school district is Clover Park School District. Nearby schools include Lake Louise Elementary School, Woodbrook Middle School and Lakes High School. 217 Lake Louise Drive Southwest, Unit A&B is a 2-bed, 2-bath, 1,144 sqft multi-family home built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Estate Gladiators

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.