9223 Kenwood Drive Southwest

Lakewood, WA 98498

$850,000
Last Sold Price
6
Beds
5
Baths
3,076 Sq. Ft.
$276 / Sq. Ft.
3,076
Sq. Ft.
$276
per Sq. Ft.

Description

Brand new duplex awaits it's first tenants. Each unit feels & lives more like an attached home than an "apartment", w/each side having 3 beds, 2.5 baths, a full sized 2 car garage & a mini-split with AC plus a forced air furnace. And because each unit is separately metered, Tenants pay their own utilities. Experienced investors know that translates into higher rents and long term tenants. On top of that, new construction means no repairs for years to come - simply maintain the building and ownership...Brand new duplex awaits it's first tenants. Each unit feels & lives more like an attached home than an "apartment", w/each side having 3 beds, 2.5 baths, a full sized 2 car garage & a mini-split with AC plus a forced air furnace. And because each unit is separately metered, Tenants pay their own utilities. Experienced investors know that translates into higher rents and long term tenants. On top of that, new construction means no repairs for years to come - simply maintain the building and ownership should be hassle free for the foreseeable future. Tenants will love the great access to I-5 and JBLM. And when they're home, they're a short walk to multiple restaurants and, best of all, American Lake Park, for swimming, boating and summer fun.
  1. Listed by Ethan Wing • Windermere Abode Lakewood
  2. Listed by Kendra Varadi • Windermere Abode Lakewood

Property Details for 9223 Kenwood Drive Southwest

Community Name
Lakewood
School District
Lakewood
Number of Assigned Spaces
8
Total Covered Parking
4
Entry Date
06-16-2022
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of Windermere Abode Lakewood

Sold By Redfin

Add your commute
LISTING UPDATED: 09/13/2022 02:01 PM

Property Details for 9223 Kenwood Drive Southwest

StatusSold
MLS #1952630
Days on Market60
Cumulative Days on Market615
Taxes$1,417 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2022
Lot Size0.17 AC / 7,497 SF
CountyPierce County

Location

Listing Courtesy of Windermere Abode Lakewood

Sold By Redfin

Add your commute

Building Information for 9223 Kenwood Drive Southwest

Stories2Residences2Year Built2022Building Size-Lot Size0.17 AC / 7,497 SF

Payment Calculator

$4,757 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,639

Property Taxes

$118

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 9223 Kenwood Drive Southwest

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Cable TV, Fenced-Fully, High Speed Internet, Patio
  • Area: 38 - Lakewood
  • Directions: From Gravelly Lake Drive - West on Veterans until road turns south and heads towards the lake. At that point, continue straight onto Kenwood - Duplex is just past the stop sign on the right.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2022
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Vinyl Plank, Carpet
  • Features: Forced Air, Ductless HP-Mini Split, Wall to Wall Carpet
  • New Construction: Completed
  • Amenities: Storage,Thermal Windows
  • Cooling: Yes
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: Cement Planked, Wood
  • Roof: Composition
Property
Utilities
  • Heating and Cooling: Ductless HP-Mini Split,Forced Air
  • Water Source: Public
  • Water/Sewer/Garbage: 0
  • Power Company: PSE
  • Sewer Company: Pierce County Sewer
  • Water Company: Lakewood Water
  • Power Production Type: Electric
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electricity Available
Property and Assessments
  • New Construction YN: Yes
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family,Residential
  • Estimated Completion Date: 2022-06-16
  • First Right Of Refusal: false
  • Possible Use: Multi-Family, Residential
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 40
Lot Information
  • Lot Details: Open Space, Paved
  • Lot Size Source: Public record
  • Parcel Number Free Text: 500500-709-2
  • Calculated Square Footage: 3076
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3076.0
  • 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: 4
  • 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: 2617
  • Gross Adjusted Income: 60000
  • Gross Rent Multiplier: 15
  • Gross Scheduled Income: $60,000
  • Insurance Expense: $1,200
  • Net Operating Income: $60,000
  • Other Expenses: $0
  • Total Monthly Income: 5000
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: A
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 1538
  • Rent Unit 1: $2,500.00
  • Bedrooms Unit 1: 3
  • Bathrooms Unit 1: 3
Unit 2
  • Name Unit 2: B
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 1538
  • Rent Unit 2: $2,500.00
  • Bedrooms Unit 2: 3
  • Bathrooms Unit 2: 3
Rental
Rent Information
  • Occupant Type: Vacant
  • Leasable Area: 3076.0
  • Leasable Area Units: Square Feet

Property History for 9223 Kenwood Drive 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 9223 Kenwood Drive Southwest

Taxable ValueLand$182,300Additions$513,400Total$695,700
Tax Record2024$7,438 ($620 / month)
Home Facts
Lot Size7,497 SqFtStyleDuplexCountyPIERCEAPN5005007092

Schools near 9223 Kenwood Drive 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 - PK to 5
Rating
School
Distance
Lake Louise Elementary School
PublicPK to 5

Woodbrook Middle School
Public6 to 8

Lakes High School
Public9 to 12

Meriwether Elementary
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.

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 Windermere Abode Lakewood

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.