8359-8361 Phillips Road Southwest

Lakewood, WA 98498

$699,950
Price
6
Beds
4
Baths
3,136 Sq. Ft.
$223 / Sq. Ft.
3,136
Sq. Ft.
$223
per Sq. Ft.

Description

This duplex is great for investors or owner occupied. The view is awesome, nestled in the evergreens above Chambers Creek you'll think you're living in a tree house! Each unit has two stories, cedar plank vaulted ceilings, 3 bedrooms 2 baths ,2 car carport with storage unit. . Duplex has Double wall construction and clear cedar siding. Relax on the private back patio while listening to the creek below. Close to shopping, restaurants, golf, parks, and JBLM Come take a look, I think you'll like what...This duplex is great for investors or owner occupied. The view is awesome, nestled in the evergreens above Chambers Creek you'll think you're living in a tree house! Each unit has two stories, cedar plank vaulted ceilings, 3 bedrooms 2 baths ,2 car carport with storage unit. . Duplex has Double wall construction and clear cedar siding. Relax on the private back patio while listening to the creek below. Close to shopping, restaurants, golf, parks, and JBLM Come take a look, I think you'll like what you see!
  1. Listed by Nancy Echols • Better Properties Real Estate

Property Details for 8359-8361 Phillips Road Southwest

Community Name
Oakbrook
School District
Clover Park
View
River
Number of Assigned Spaces
4
Total Covered Parking
0
Entry Date
04-25-2024
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of Better Properties Real Estate
Add your commute
LISTING UPDATED: 05/02/2024 11:34 AM

Property Details for 8359-8361 Phillips Road Southwest

StatusActive
MLS #2227050
Days on Market13
Cumulative Days on Market13
Taxes$5,877 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1971
Lot Size0.31 AC / 13,504 SF
CountyPierce County

Location

Listing Courtesy of Better Properties Real Estate
Add your commute

Building Information for 8359-8361 Phillips Road Southwest

Stories2Residences2Year Built1971Building Size-Lot Size0.31 AC / 13,504 SF

Payment Calculator

$4,310 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,820

Property Taxes

$490

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8359-8361 Phillips Road Southwest

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Cable TV
  • Area: 36 - Lakewood
  • Elementary School: Oakbrook Elem
  • Middle Or Junior School: Hudtloff Mid
  • High School: Lakes High
  • Directions: West on Steilacoom Blvd, turn Right onto Phillips Rd SW, Right at Creekwood Villa, Follow to end, Duplex on Left. If you get to the game farm you've gone to far!
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: Yes
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 4.0
  • Carport: No
  • Open Parking Spaces: 0.0
  • Open Parking: No
Interior and Exterior Features
Interior Features
  • Floor Covering: Ceramic Tile, Stone, Carpet
  • Features: Ceramic Tile, Wall to Wall Carpet
  • Amenities: Storage,Thermal Windows
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air
  • FIRPTA: No
Exterior Features
  • Exterior: Wood Products
  • Roof: Composition
  • Waterfront Description: Bank-High
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 2000
  • Power Company: TPU
  • Sewer Company: Pierce County
  • Water Company: Lakewood
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Slab
  • First Right Of Refusal: false
  • MLS Square Footage Source: Public Records
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 26
Lot Information
  • Lot Details: Dead End Street, Paved
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 0220341200
  • Building Condition: Good
  • Calculated Square Footage: 3136
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3136.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
  • Green Energy Efficient: Thermal Windows
Multi Family
Building Details
  • Number of Uncovered Spaces: 0
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 2
  • Units Below Grade: false
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 9200
  • Gross Adjusted Income: 0
  • Gross Rent Multiplier: 15.89
  • Gross Scheduled Income: $45,600
  • Insurance Expense: $1,323
  • Net Operating Income: $36,400
  • Other Expenses: $0
  • Total Monthly Income: 3800
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 8359
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 1568
  • Rent Unit 1: $1,800.00
  • Bedrooms Unit 1: 3
  • Fireplaces Unit 1: 1
  • Bathrooms Unit 1: 2
Unit 2
  • Name Unit 2: 8361
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 1568
  • Rent Unit 2: $2,000.00
  • Bedrooms Unit 2: 3
  • Fireplaces Unit 2: 1
  • Bathrooms Unit 2: 2
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3136.0
  • Leasable Area Units: Square Feet

Property History for 8359-8361 Phillips Road Southwest

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 8359-8361 Phillips Road Southwest

Taxable ValueLand$186,900Additions$380,500Total$567,400
Tax Record2023$5,877 ($490 / month)
Home Facts
Total Finished SqFt3,136 SqFtAbove Ground SqFt3,136 SqFtStories2Lot Size13,504 SqFtStyleDuplexYear Built1971Year Renovated2013ZoningR2CountyPIERCEAPN0220341200Fireplace TypeHas Fireplace

Schools near 8359-8361 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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8359-8361 Phillips Road Southwest is a multi-family home for sale in Lakewood, WA 98498. This property was listed for sale on April 25, 2024 by Better Properties Real Estate, it's currently listed at $699,950. This listing's school district is Clover Park School District. Nearby schools include Custer Elementary School, Hudtloff Middle School and Lakes High School. 8359-8361 Phillips Road Southwest is a 6-bed, 4-bath, 3,136 sqft multi-family home built in 1971.

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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Better Properties Real Estate

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.