3017 S 224th St $615,000

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    3017 S 224th St Des Moines, WA 98198

    Sold
    SOLD 11/27/2019

    $615,000

    • 0 Beds
    • 0 Baths
    • 2,990 sq. ft.
    • Multi-Family
    • Listing# 1480721
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    Views: 11

    Property Details

    Hard to find triplex in an excellent location! Each unit is 2 bedrooms & 1-1.75 bathrooms. Fully occupied with long term tenants. The triplex adjacent is also available to purchase. Some updates have been made to some of the units. Plenty of parking spaces and easy access to freeway, I-5 & shopping. Drive by only, do not disturb tenants.

    • General Features
      • County King
      • County King
      • Lot Details Dead End Street, Paved Street
      • Lot Square Footage 7,239
      • Number of Stories 2
      • Number of Units 3
      • Style 53Triplex
      • Year Built 1991
    • Building Features
      • Roof Compostion
      • Exterior Metal/Vinyl
      • Approx SqFt 2,990
    • Financials
      • Total Monthly Income $3,550
      • Net Operating Income $27,716
      • Gross Scheduled Income $42,600
      • Gross Adjusted Income $42,600
      • Total Expenses $14,884
      • Other Expenses $2,773
      • Insurance Expenses $1,000
      • Expenses $14,884
      • Heating Expenses $0
      • Electrical Expenses $0
      • Gross Rent Multiplier 15
    • Utilities and Taxes
      • Tax Year 2018
      • Tax Amount $7,610
      • Energy Source Electric
      • Heating and Cooling Baseboard
      • Water Company Highline Water
      • Sewer Company Sewer Connected
    • Schools
      • School District Highline

    Neighborhood

    98198 (Des Moines) Demographics

    38 Median Age
    4,724 Population Density (per sq. mile)
    33% College Educated
    $57,884 Estimated Median Income
    7,322 Estimated Total Home Owners
    6,060 Estimated Total Renters
    55% / 45% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    36,768 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $415,000 Median Sales Price
    45 Homes Sold
    47 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- New in Database Source
        11/27/2019 12:00:00 AM Sold Source New Value: $615,000
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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2020. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.



        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.