4404 97th Avenue West
University Place, WA 98466
$1,199,000
Last Sold Price
6
Beds
4
Baths
2,930 Sq. Ft.
$409 / Sq. Ft.
2,930
Sq. Ft.
$409
per Sq. Ft.
Sold 12/6/24
Sold 12/6/24
Listing provided courtesy of COMPASS, Heaton Dainard, LLC
Description
This is a beautifully remodeled 4-plex is with a 6.44% cap rate. All new finishes and exterior paint, offering completely remodeled units with high-end finishes, and a prime location that provides both convenience and charm. With all the updates and renovations already completed, this property is ready for you or your tenants to move in and start enjoying immediately. Situated close to chambers bay in a wooded neighborhood, each unit features a private deck and fireplace. There are 2-two-bedroom,...This is a beautifully remodeled 4-plex is with a 6.44% cap rate. All new finishes and exterior paint, offering completely remodeled units with high-end finishes, and a prime location that provides both convenience and charm. With all the updates and renovations already completed, this property is ready for you or your tenants to move in and start enjoying immediately. Situated close to chambers bay in a wooded neighborhood, each unit features a private deck and fireplace. There are 2-two-bedroom, bathroom units and 2-large one bedroom loft style units. All units have new appliances, water heaters and w/d combos.
- Listed by Scott Badger • Heaton Dainard, LLC
Property Details for 4404 97th Avenue West
Community Name
Beckonridge
School DistrictUniversity Place
Number of Assigned Spaces8
Total Covered Parking0
Entry Date08-06-2024
Energy SourceElectric
SewerSewer Connected
LISTING UPDATED: 12/07/2024 10:10 AM
Property Details for 4404 97th Avenue West
| Status | Sold |
|---|---|
| MLS # | 2274784 |
| Days on Market | 86 |
| Cumulative Days on Market | 86 |
| Taxes | $9,237 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1978 |
| Lot Size | 0.35 AC / 15,246 SF |
| County | Pierce County |
Building Information for 4404 97th Avenue West
Stories2Residences4Year Built1978Building Size-Lot Size0.35 AC / 15,246 SF
Property Information for 4404 97th Avenue West
Summary
Location and General Information
- Style: 54 - 4-Plex
- Site Features: Cable TV, Deck
- Area: 33 - University Place
- Effective Year Built Source: Public Records
- Directions: Take WA-18 W and I-5 S to Cener St in Tacoma. Take exit 1C from WA-16 W. Take S Orchard St, Emerson St and 40th St W to 4404 97th Ave W.
- Leased Items: None
- Property Sub Type: MULT
- View: No
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2024
Parking
- Number of Carport Spaces: 4.0
- Carport: No
- Open Parking Spaces: 4.0
- Open Parking: Yes
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: Laminate
- Features: Laminate Hardwood
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Baseboard, Wall Unit(s)
- FIRPTA: No
Exterior Features
- Exterior: Wood
- Roof: Composition
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 0
- Power Company: TPU
- Sewer Company: Pierce County
- Water Company: TPU
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Foundation: Poured Concrete
- First Right Of Refusal: false
- Letter On File: Duplicate Prop Type
- MLS Square Footage Source: Appraiser Sketch
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 2024
- Photos Count: 40
Lot Information
- Lot Details: Corner Lot, Curbs, Sidewalk
- Lot Size Source: Assessor
- Parcel Number Free Text: 0220167007
- Building Condition: Remodeled
- Calculated Square Footage: 2930
- Structure Type: Quadruplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 2930.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 4
- Number of Stories in Building: 2
- Vacancy Rate: 0
- Number Of Units Total: 4
- Units Below Grade: false
- Units In Building Total: 4
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 11637
- Gross Adjusted Income: 88800
- Gross Rent Multiplier: 15.54
- Gross Scheduled Income: $88,800
- Insurance Expense: $2,400
- Net Operating Income: $77,163
- Other Expenses: $0
- Total Monthly Income: 7400
- Fuel Expense: $0
Unit 1
- Name Unit 1: 1
- Washer/Dryer Unit 1: true
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Square Feet Unit 1: 788
- Rent Unit 1: $1,950.00
- Bedrooms Unit 1: 2
- Fireplaces Unit 1: 1
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: 2
- Washer/Dryer Unit 2: true
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 788
- Rent Unit 2: $1,950.00
- Bedrooms Unit 2: 2
- Fireplaces Unit 2: 1
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: 3
- Washer/Dryer Unit 3: true
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: true
- Square Feet Unit 3: 679
- Rent Unit 3: $1,750.00
- Bedrooms Unit 3: 1
- Fireplaces Unit 3: 1
- Bathrooms Unit 3: 1
Unit 4
- Name Unit 4: 4
- Washer/Dryer Unit 4: true
- Range/Oven Unit 4: true
- Refrigerator Unit 4: true
- Dishwasher Unit 4: true
- Square Feet Unit 4: 679
- Rent Unit 4: $1,750.00
- Bedrooms Unit 4: 1
- Fireplaces Unit 4: 1
- Bathrooms Unit 4: 1
Rental
Rent Information
- Occupant Type: Vacant
- Leasable Area: 2930.0
- Leasable Area Units: Square Feet
Property History for 4404 97th Avenue West
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 4404 97th Avenue West
Taxable ValueLand$272,800Additions$371,100Total$643,900
Tax Record2022$12,559 ($1,047 / month)
Home Facts
Total Finished SqFt2,506 SqFtAbove Ground SqFt2,506 SqFtStories2Lot Size15,246 SqFtStyleMulti-Family Res (5+ Units)Year Built1978Year Renovated1987ZoningMFCountyPIERCEAPN0220167007Fireplace TypeHas Fireplace
Schools near 4404 97th Avenue West
This home is within University Place School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 4 | |||
| Public - | PK to 4 | |||
| Public - | 5 to 7 | |||
| Public - | 8 to 9 |
Rating | School | Distance |
|---|---|---|
Evergreen Primary School PublicPK to 4 | ||
Sunset Primary School PublicPK to 4 | ||
Drum Intermediate School Public5 to 7 | ||
Curtis Junior High School Public8 to 9 |
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.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.
Homes for Sale near University Place
Neighborhoods
Cities
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 Heaton Dainard, LLC
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.
