814 South 227th Place

Des Moines, WA 98198

$825,000
Last Sold Price
8
Beds
5
Baths
3,300 Sq. Ft.
$250 / Sq. Ft.
3,300
Sq. Ft.
$250
per Sq. Ft.

Description

Attention investors, househackers, and handy home owners looking for an income producing property! Permit ready triplex in prime location of Des Moines is ready for you to come in and finish it to be your own. Great location with large subdividable lot, massive 2 car garage, water views and walking distance from shopping, restaurant's and easy access to highways. The property is set up for a 3,300 sq ft triplex that has most of the framing done, electrical and plumbing work as well. Bring you contractors,...Attention investors, househackers, and handy home owners looking for an income producing property! Permit ready triplex in prime location of Des Moines is ready for you to come in and finish it to be your own. Great location with large subdividable lot, massive 2 car garage, water views and walking distance from shopping, restaurant's and easy access to highways. The property is set up for a 3,300 sq ft triplex that has most of the framing done, electrical and plumbing work as well. Bring you contractors, ideas and come check out this great opportunity! Seller is leaving all building materials with purchase that are in garage.

Listing Agents

  1. Robert Kurka

    Robert Kurka

    Listing Agent

    Compass

  2. Jared Holland

    Jared Holland

    Alternative Listing Agent

    Compass

Property Details for 814 South 227th Place

Community Name
Des Moines Waterfront
School District
Highline
View
Sound, Territorial
Number of Assigned Spaces
6
Total Covered Parking
2
Entry Date
04-13-2022
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of COMPASS

Sold By Keller Williams Downtown Sea

Add your commute
LISTING UPDATED: 06/10/2022 09:43 AM

Property Details for 814 South 227th Place

StatusSold
MLS #1916389
Days on Market12
Cumulative Days on Market662
Taxes$6,549 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1918
Lot Size0.33 AC / 14,400 SF
CountyKing County

Location

Listing Courtesy of COMPASS

Sold By Keller Williams Downtown Sea

Add your commute

Virtual Tour

Building Information for 814 South 227th Place

Stories2Residences3Year Built1918Building Size-Lot Size0.33 AC / 14,400 SF

Payment Calculator

$5,048 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,502

Property Taxes

$546

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 814 South 227th Place

Summary
Location and General Information
  • Style: 53 - Tri-plex
  • Site Features: RV Parking, Shop
  • Area: 120 - Des Moines/Redondo
  • Directions: GPS
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2021
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Parking Type: RV Parking
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
  • Parking Features: RV Parking
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: Metal/Vinyl
  • Roof: Composition
Property
Utilities
  • Heating and Cooling: Wall
  • Water Source: Public
  • Water/Sewer/Garbage: 2008
  • Power Production Type: Electric
  • Utilities: Sewer Connected, Electricity Available
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family,Residential
  • First Right Of Refusal: false
  • Possible Use: Multi-Family, Residential
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 36
Lot Information
  • Lot Size Source: Realist
  • Parcel Number Free Text: 2011400642
  • Building Condition: Under Construction
  • Calculated Square Footage: 3300
  • Structure Type: Triplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3300.0
  • 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: 3
  • Units Below Grade: true
  • Units In Building Total: 3
Financing / Income and Expenses
  • Electric Expense: $3,600
  • Total Expenses: 13751
  • Gross Adjusted Income: 55939
  • Gross Rent Multiplier: 11.49
  • Gross Scheduled Income: $69,600
  • Insurance Expense: $1,594
  • Net Operating Income: $55,939
  • Other Expenses: $0
  • Total Monthly Income: 5800
  • 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: 850
  • Rent Unit 1: $1,650.00
  • 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: 850
  • Rent Unit 2: $1,650.00
  • 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: 1600
  • Rent Unit 3: $2,500.00
  • Bedrooms Unit 3: 4
  • Fireplaces Unit 3: 1
  • Bathrooms Unit 3: 3
Rental
Rent Information
  • Occupant Type: Vacant
  • Leasable Area: 3300.0
  • Leasable Area Units: Square Feet

Property History for 814 South 227th Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 814 South 227th Place

Taxable ValueLand$168,000Additions$471,000Total$639,000
Tax Record2022$7,752 ($646 / month)
Home Facts
Baths2.5Total Finished SqFt4,040 SqFtAbove Ground SqFt2,870 SqFtFinished Basement SqFt1,170 SqFtStories1Lot Size14,400 SqFtStyleTriplexYear Built1918ZoningRA-3600CountyKINGAPN201140-0642Fireplace TypeHas Fireplace

Schools near 814 South 227th Place

This home is within Highline School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Des Moines Elementary School
PublicPK to 5

Pacific Middle School
Public6 to 8

Mount Rainier High School
Public9 to 12

Highline Big Picture School
Public6 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.

Similar Homes

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Similar Sold Homes

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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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of COMPASS

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.