7235 Vandermark Rd E

—
Beds
—
Baths
2,700 Sq. Ft.
$122 / Sq. Ft.
2,700
Sq. Ft.
$122
per Sq. Ft.

Description

Great investment opportunity to own 1 of 3 or all three almost new duplexes' located across the street from Lake Tapps or Owner occupy with as little as $0 down with a VA loan or 3.5% FHA. Each duplex features 3 beds,2 baths, 2 car garages, fully fenced yards, all appliances included , large kitchens and downstairs bonus room. All units have individual water and power meters. Tenants pay water, sewer and garbage. All units are in great condition and have been professionally managed.Great investment opportunity to own 1 of 3 or all three almost new duplexes' located across the street from Lake Tapps or Owner occupy with as little as $0 down with a VA loan or 3.5% FHA. Each duplex features 3 beds,2 baths, 2 car garages, fully fenced yards, all appliances included , large kitchens and downstairs bonus room. All units have individual water and power meters. Tenants pay water, sewer and garbage. All units are in great condition and have been professionally managed.
  1. Listed by Cory Moffett • Gateway Real Estate
    P: (253)-904-1500 corysells4u@msn.com

Property Details for 7235 Vandermark Road East

Community Name
Church Lake
School District
Sumner
Number of Assigned Spaces
8
Total Covered Parking
4
Entry Date
05-04-2014
Sewer
Sewer Connected
LISTING CLOSED: 07/08/2014 12:00 AM

Property Details for 7235 Vandermark Road East

StatusSold
MLS #630316
Days on Market9
Cumulative Days on Market10
Taxes$3,103 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built2008
Lot Size0.28 AC / 12,341 SF
CountyPierce County

Location

Listing Courtesy of Gateway Real Estate

Sold By John L. Scott, Inc.

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Building Information for 7235 Vandermark Road East

Stories2Residences2Year Built2008Building Size-Lot Size0.28 AC / 12,341 SF

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$1,903 per month

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Principal and Interest

$1,644

Property Taxes

$259

HOA Dues

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Property Information for 7235 Vandermark Road East

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Cable TV, Deck, Fenced-Fully, High Speed Internet, Patio
  • Area: _109LakeTappsBonne
  • Directions: Hwy 410 east, Left on 214th, left on Vandermark Rd, Duplexes on corner of Vandermark and Church Lake Rd.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2014
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
Virtual Tour
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Vinyl, Carpet
  • Features: Wall to Wall Carpet
  • Fireplace: No
  • Heating: Yes
Exterior Features
  • Exterior: Wood, Wood Products
  • Roof: Composition
  • Security Features: PartiallyFenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 0
  • Power Company: PSE
  • Water Company: CITY OF BONNEY LAKE
  • Power Production Type: Electric
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
Property and Assessments
  • New Construction YN: No
  • Foundation: Slab
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • Letter On File: Undiscl Owner Info
  • Preliminary Title Ordered: Yes
  • Special Listing Conditions: None
  • Photos Count: 11
Lot Information
  • Lot Details: Dead End Street, Secluded
  • Lot Number: 3
  • Parcel Number Free Text: 5040000087
  • Building Condition: Good
  • Calculated Square Footage: 2700
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2700.0
  • 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: 5
  • Number Of Units Total: 2
  • Units Below Grade: false
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 3703
  • Gross Adjusted Income: 28500
  • Gross Rent Multiplier: 11
  • Gross Scheduled Income: $30,000
  • Insurance Expense: $600
  • Net Operating Income: $24,797
  • Other Expenses: $0
  • Total Monthly Income: 2500
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2700.0
  • Leasable Area Units: Square Feet

Property History for 7235 Vandermark Road East

DateEvent & SourcePriceAppreciation
Jul 8, 2014

Sold

NWMLS #630316

$330,000—
May 13, 2014

Pending

NWMLS #630316

—
May 4, 2014

Listed (Active)

NWMLS #630316

$339,950—
DateEvent & SourcePrice
07/08/2014

Sold

NWMLS #630316

$330,000
05/13/2014

Pending

NWMLS #630316

—
05/04/2014

Listed (Active)

NWMLS #630316

$339,950

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

Public Records for 7235 Vandermark Road East

Taxable ValueLand$220,800Additions$391,500Total$612,300
Tax Record2026$7,035 ($586 / month)
Home Facts
Total Finished SqFt2,700 SqFtAbove Ground SqFt2,700 SqFtStories2Lot Size12,341 SqFtStyleDuplexYear Built2008CountyPIERCEAPN5040000087

Schools near 7235 Vandermark Road East

This home is within Sumner School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Emerald Hills Elementary School
PublicK to 5

Lakeridge Middle School
Public6 to 8

Bonney Lake High School
Public9 to 12

Tehaleh Heights Elementary School
PublicPK to 5

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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Gateway Real Estate

Based on information submitted to the MLS GRID as of 09/05/2024 05:25 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.