Listed by Tara Anderson • Real Estate Resource Partners. Bought with Keller Williams Rlty Bellevue.
Off market may 2023 for $445K
$538,011
—
bd
•
— ba
•
1,372
sq ft
9835 Meadow Rd SW, Lakewood, WA 98499
About this home
This lovely duplex feels so homey and idyllic, located in the heart of a beautiful Lakewood neighborhood. Mature oak trees grace the enormous lot. Potential for additional investment opportunity with the oversized lot, room for boats, RVs, a new garage? Or even a subdivision may be possible. (Buyer to verify) Appears to be zoned MF1 (multi-family 1). Classic house with hardwood floors. New roof in 2017. New exterior paint in 2020. Updated kitchen countertops, back splash and sinks in 2018. Turnkey investment. Rents are well below market value and tenants have already decided to look for a new dwelling. Contract is month to month.
Multi-familyProperty Type
1956Year Built
0.31 acresLot Size
$392Est. Price/Sq.Ft.
6 spacesParking
Listed by Tara Anderson• Real Estate Resource Partners
Bought with Justin Cambra• Keller Williams Rlty Bellevue
As the MLS and public records start to fill up, we'll list the details here.
Public record
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
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Style
Multi-Family (2-4 Unit)
County
Pierce County
APN
0219026003
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on May 26, 2023.
Property details
Parking
Parking Information
Parking Uncovered Spaces: 4
Open Parking Spaces: 4
Carport Spaces: 2
Has Open Parking
Interior
Heating & Cooling
Has Heating
Heating Information: Baseboard
Cooling Information: None
Interior Features
Interior Features: Hardwood
Flooring: Hardwood, Vinyl
Multi-Family Financial Information
Insurance Expense: $581
Net Operating Income: $16,577
Gross Adjusted Income: 23400
Gross Scheduled Income: $23,400
Total Monthly Income: 1950
Gross Rent Multiplier: 19.2
Total Expenses: 6823
Multi-Unit Information
Units Below Grade: false
Units In Building Total: 2
# of Units (Total): 2
Exterior
Building Information
Roof: Composition
Exterior Features
Exterior Features: Wood
Property Information
Energy Source: Electric
Style Code: 52 - Duplex
Property Type: Residential Income
Property Sub Type: Multi Family
Property Condition: Good
Land Information
Possible Use: Multi-Family
Lot Information
MLS Lot Size Source: Public Records
Site Features: Fenced-Partially
Zoning Jurisdiction: City
Lot Size Units: Square Feet
Lot Size Acres: 0.31
Elevation Units: Feet
Financial
Tax Information
Tax Annual Amount: $4,528
Tax Year: 2023
Financial Information
Listing Terms: Cash Out, Conventional, FHA, VA Loan
Buyer Financing: Conventional
Utilities
Utility Information
Water Company: Lakewood Water
Sewer: Sewer Connected
Sewer Company: Pierce County Sewer
Water Sewer Garbage: 1714
Location
School Information
Elementary School: Buyer To Verify
Middle Or Junior High School: Buyer To Verify
High School: Buyer To Verify
High School District: Lakewood
Location Information
Directions: From 100th St SW and Steilacoom Blvd, head west on 100th, turn right on Meadow Road. Duplex is set far back off Meadow. Long shared driveway leads to the duplex on the right.
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Pierce County
APN: 0219026003
Home facts updated by county records on May 26, 2023
Other
Listing Information
Mls Status: Sold
Listing Date Information
On Market Date: Friday, April 21, 2023
Green Information
Power Production Type: Electric
Home Information
Living Area Units: Square Feet
Calculated Square Footage: 1372
Building Area Total: 1372
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Year Built Effective: 1976
Effective Year Built Source: Public Records
Structure Type: Duplex
Stories Total: 1
Around this home
Schools
Park Lodge Elementary School
Public PreK-5 • Assigned • 0.2mi
4/10
Harrison Preparatory School
Public 6-12 • Assigned • 1.0mi
6/10
Clover Park High School
Public 9-12 • Assigned • 0.7mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 87° expected this year, 14 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
7/10 Air Factor
11 unhealthy days expected this year, 12 days in 30 years
Provided by First Street
Historical weather
Lakewood, WA • 98499
Average low and high temperatures (°F)
47
35
48
36
54
40
62
42
67
47
74
52
78
56
79
58
73
53
61
46
52
42
49
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.8 hours in
June and 1.7 hours in December, placing it below the
U.S. average for solar exposure.
8.8 hrs
1.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$512,000 – $619,000
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