Sold
Last Sold Price
1,584 sqft
8701-8703 Custer Rd SW, Lakewood, WA 98499
Multi FamilyProperty Type
0.28 acresLot Size
1966Year Built
$147/sq ftPrice per sq ft
4 carsParking Spaces

Description

RARELY is there a vacancy in this duplex with great access to JBLM and all major shopping, right on Custer Rd in Lakewood! This duplex features BRAND NEW ROOF, newer carpet and flooring, appliances and updated bathrooms. 1-car carport for each unit with lots of additional parking. FULLY FENCED and large lot, great for additional space. Each unit could easily get more than the current $1950 monthly rent it brings in. Live in one side and rent the other!RARELY is there a vacancy in this duplex with great access to JBLM and all major shopping, right on Custer Rd in Lakewood! This duplex features BRAND NEW ROOF, newer carpet and flooring, appliances and updated bathrooms. 1-car carport for each unit with lots of additional parking. FULLY FENCED and large lot, great for additional space. Each unit could easily get more than the current $1950 monthly rent it brings in. Live in one side and rent the other!

Listing Agent

  1. Becky Barrick

    Becky Barrick

    Listing Agent

    Keller Williams Realty

Listing closed: 03/08/2017 12:00 AM • Source: NWMLS as distributed by MLS GRID, MLS#: 1070884

Recent comparable sales

Median sold price

$511,773

Avg days on market

33

Sale-to-list ratio

98.1%

Lakewood, WA

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Location

Listing Courtesy of Keller Williams Realty

Sold By Windermere Professional Prtnrs

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$1,396 per month

30 year fixed, 6.71% Interest

Principal and Interest

$1,204

Property Taxes

$192

HOA Dues

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Property Information for 8701-8703 Custer Road Southwest

Property Details
  • Taxes: $2,299 / year
  • MLS Type: Residential Income
  • Community Name: Lakewood
  • School District: Clover Park
  • Number of Assigned Spaces: 4
  • Total Covered Parking: 0
  • Entry Date: 01-25-2017
  • Sewer: Sewer Connected
Building Information
  • Stories: 1
  • Residences: 2
  • Year Built: 1966
  • Lot Size: 0.28 AC / 12,197 SF
Summary
Location and General Information
  • Style: 52 - Duplex
  • Area: 37 - 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: Merge onto WA-512 W toward Parkland/Tacoma, Turn right onto S Tacoma Way, Turn left onto Steilacoom Blvd SW, Turn right onto Custer Rd SW, destination is on the right.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2016
Parking
  • Number of Carport Spaces: 2.0
  • Carport: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Laminate, Vinyl, Carpet
  • Features: Wall to Wall Carpet, Laminate Tile, Laminate Hardwood
  • Fireplace: No
  • Heating: Yes
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 3360
  • Power Company: TPU
  • Sewer Company: Lakewood
  • Water Company: Lakewood Water
  • Power Production Type: Electric
  • Utilities: Sewer Connected, Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Class: Residential
  • First Right Of Refusal: false
  • Possible Use: Residential
  • Preliminary Title Ordered: Yes
  • Special Listing Conditions: None
  • Year Built Effective: 1966
  • Photos Count: 17
Lot Information
  • Lot Details: Paved
  • Lot Size Source: Realist.com
  • Parcel Number Free Text: 0220341115
  • Building Condition: Good
  • Calculated Square Footage: 1584
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 1584.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 2
  • Number of Stories in Building: 1
  • Vacancy Rate: 0
  • Number Of Units Total: 2
  • Units Below Grade: false
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 6271
  • Gross Adjusted Income: 17129
  • Gross Rent Multiplier: 10
  • Gross Scheduled Income: $23,400
  • Insurance Expense: $612
  • Net Operating Income: $17,129
  • Other Expenses: $0
  • Total Monthly Income: 1950
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Vacant
  • Leasable Area: 1584.0
  • Leasable Area Units: Square Feet

Property History for 8701-8703 Custer Road Southwest

DateEvent & SourcePriceAppreciation
Mar 8, 2017

Sold

NWMLS #1070884

$233,000
Jan 26, 2017

Pending

NWMLS #1070884

Jan 25, 2017

Listed (Active)

NWMLS #1070884

$235,000
DateEvent & SourcePrice
03/08/2017

Sold

NWMLS #1070884

$233,000
01/26/2017

Pending

NWMLS #1070884

01/25/2017

Listed (Active)

NWMLS #1070884

$235,000

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

Public Records for 8701-8703 Custer Road Southwest

Taxable ValueLand$203,000Additions$201,000Total$404,000
Tax Record2023$4,236 ($353 / month)
Home Facts
Total Finished SqFt1,584 SqFtAbove Ground SqFt1,584 SqFtStories1Lot Size12,197 SqFtStyleDuplexYear Built1966Year Renovated1995ZoningR4CountyPIERCEAPN0220341115Fireplace TypeSingle

Schools near 8701-8703 Custer 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 - 11 to 12
Rating
School
Distance
Dower Elementary School
PublicPK to 5

Lochburn Middle School
Public6 to 8

Clover Park High School
Public9 to 12

Alfaretta House
Public11 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 Keller Williams Realty

Based on information submitted to the MLS GRID as of 09/05/2024 05:32 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.