Sold
Last Sold Price

8327 Phillips Rd SW, Lakewood, WA 98498

Multi FamilyProperty Type
0.11 acresLot Size
1971Year Built

Description

Great Opportunity for investor on this 11 unit condo complex known as Creekwood Villa. This project consists of 11 units. There are 5 duplex units and 1 stand along single family home, all part of the complex. Please see attached docs for more info regarding the units. Al are presently rented, so please do not disturb the tenants at this time. No sign or keybox on.Great Opportunity for investor on this 11 unit condo complex known as Creekwood Villa. This project consists of 11 units. There are 5 duplex units and 1 stand along single family home, all part of the complex. Please see attached docs for more info regarding the units. Al are presently rented, so please do not disturb the tenants at this time. No sign or keybox on.
  • Listed by: Kris Huber 253.838.7900 Seattle_REO@LIVE.com • Windermere RE West Campus Inc
Listing closed: 08/27/2014 12:00 AM • Source: NWMLS as distributed by MLS GRID, MLS#: 664810
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Location

Listing Courtesy of Windermere RE West Campus Inc

Sold By Principal Northwest LLC

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$7,004 per month

30 year fixed, 7.03% Interest

Principal and Interest

$5,339

Property Taxes

$1,666

HOA Dues

$0

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Property Information for 8327 Phillips Road Southwest

Property Details

  • Taxes: $19,986 / year
  • MLS Type: Residential Income
  • Community Name: Lakewood
  • School District: Clover Park
  • Number of Assigned Spaces: 0
  • Total Covered Parking: 0
  • Entry Date: 07-09-2014
  • Sewer: Sewer Connected

Building Information

  • Stories: 2
  • Residences: 11
  • Year Built: 1971
  • Lot Size: 0.11 AC / 5,000 SF

Summary

Location and General Information
  • Style: 56 - 10+ Units
  • Area: 36 - 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: Go to Bridgeport West on Steilacoom Blvd SW North on Phillips. Look for Creekwood Villa sign on the right.
  • 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: 0.0
  • Open Parking: No

Interior and Exterior Features

Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Carpet
  • Features: Forced Air, Wall to Wall Carpet
  • Fireplace: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition

Property

Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 7619
  • Power Production Type: Electric
  • Utilities: Sewer Connected, Electric
Property and Assessments
  • New Construction YN: No
  • Foundation: Poured Concrete
  • First Right Of Refusal: false
  • Letter On File: Undiscl Owner Info
  • Preliminary Title Ordered: No
  • Special Listing Conditions: None
  • Year Built Effective: 1978
  • Photos Count: 6
Lot Information
  • Lot Size Source: Realist
  • Parcel Number Free Text: 9001340010
  • Calculated Square Footage: 0
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 0.0
  • 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: 2
  • Vacancy Rate: 5
  • Number Of Units Total: 11
  • Units Below Grade: false
  • Units In Building Total: 10
Financing / Income and Expenses
  • Electric Expense: $1,060
  • Total Expenses: 64400
  • Gross Adjusted Income: 130701
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: $131,043
  • Insurance Expense: $4,978
  • Net Operating Income: $71,020
  • Other Expenses: $41,997
  • Total Monthly Income: 11465
  • Fuel Expense: $0

Rental

Rent Information
  • Occupant Type: Owner
  • Leasable Area: 5000.0
  • Leasable Area Units: Square Feet

Property History for 8327 Phillips Road Southwest

DateEvent & SourcePriceAppreciation
Aug 27, 2014

Sold

NWMLS #664810

$1,000,000—
Jul 29, 2014

Pending

NWMLS #664810

—
Jul 9, 2014

Listed (Active)

NWMLS #664810

$1,076,950—
DateEvent & SourcePrice
08/27/2014

Sold

NWMLS #664810

$1,000,000
07/29/2014

Pending

NWMLS #664810

—
07/09/2014

Listed (Active)

NWMLS #664810

$1,076,950

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

Public records

8327 Phillips Road Southwest

Beds

2

Baths

1.8

Total Finished SqFt

1,096 SqFt

Above Ground SqFt

1,096 SqFt

Stories

2

Lot Size

6,924 SqFt

Schools near 8327 Phillips Road Southwest

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 - 5 to 12
Rating
School
Distance
Custer Elementary School
PublicPK to 5

Hudtloff Middle School
Public6 to 8

Lakes High School
Public9 to 12

Transition Day Students
Public5 to 12

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 Windermere RE West Campus Inc

Based on information submitted to the MLS GRID as of 09/05/2024 05:26 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.