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  • Listed by: Redfin
    Bought with: Keller Williams Realty Bothell
    $970,000

    508 4th Avenue SE, Pacific, WA 98047

    --beds
    --baths
    3,536sqft
    Multi Family
    Built in 1989
    -- sqft lot
    $972,700 Zestimate®
    $274/sqft
    $2,477 Estimated rent

    Home value

    $972,700

    $924,000 - $1.02M

    $2,477/mo

    Zestimate® history
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    What's special

    Updated interior paintRefreshed kitchen cabinetsWhite mill workLvp flooring throughoutDead end street
    Such a serene location on a dead end street with minimal neighboring properties is rare to come by! This low maintenance INCOME PRODUCING PROPERTY is a home run! The ease of vinyl siding, 5 year old roof & almost all windows updated to white vinyl are just a few features. Inside you'll find updated interior paint, white mill work, refreshed kitchen cabinets & LVP flooring throughout the living areas. With conforming multi family properties around, values hold consistently well! With all units currently leased, the property produces a 6.6% CAP RATE that is NOT-Pro Forma! Tenants enjoy plenty of parking with 8 total parking spots available & 4 which are covered car ports. Only 5 minutes from 167 for easy commuting! Don't let this one slip by!

    Zillow last checked:

    Listing updated:

    Listed by:

    Andrew Kramer,

    Redfin

    Bought with:

    Erica Alexei, 21022008

    Keller Williams Realty Bothell

    Source: NWMLS as distributed by MLS GRID,MLS#: 2172834MLS Logo

    Facts & features

    Interior

    Heating
    • Baseboard, Wall Unit(s), Electric
    Cooling
    • None
    Features
    • Flooring: Vinyl, Vinyl Plank, Carpet
    • Has fireplace: No
    Interior area
    • Total structure area: 3,536
    • Total interior livable area: 3,536 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Open
    • Carport spaces: 4
    • Uncovered spaces: 4
    Features
    • Patio & porch: Wall to Wall Carpet
    Lot
    • Size: 0.41 Acres
    • Features: Adjacent to Public Land, Cul-De-Sac, Cable TV, Deck, Fenced-Partially, High Speed Internet
    Details
    • Parcel number: 3621049084
    • Zoning description: Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Metal/Vinyl, Wood Siding
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Very Good
    • Year built: 1989

    Utilities & green energy

    • Electric: Company: Puget Sound Energy
    • Sewer: Sewer Connected, Company: City of Pacific
    • Water: Public, Company: City of Pacific

    Community & neighborhood

    Location
    • Region: Pacific
    • Subdivision: Pacific

    Other

    Other facts
    • Listing terms: Conventional
    • Cumulative days on market: 832 days

    Price history

    DateEventPrice
    1/3/2024Sold$970,000-2.9%$274/sqft
    Source: NWMLS as distributed by MLS GRID #2172834 Report a problem
    11/27/2023Pending sale$999,000$283/sqft
    Source: NWMLS as distributed by MLS GRID #2172834 Report a problem
    11/18/2023Listed for sale$999,000$283/sqft
    Source: NWMLS as distributed by MLS GRID #2172834 Report a problem
    10/27/2023Pending sale$999,000$283/sqft
    Source: NWMLS as distributed by MLS GRID #2172834 Report a problem
    10/18/2023Listed for sale$999,000+146.7%$283/sqft
    Source: NWMLS as distributed by MLS GRID #2172834 Report a problem
    9/30/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    9/18/2022Price change$1,695-2.9%
    Source: Zillow Rental Manager Report a problem
    9/17/2022Listed for rent$1,745+2.9%
    Source: Zillow Rental Manager Report a problem
    7/28/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    7/20/2022Listed for rent$1,695+3%
    Source: Zillow Rental Manager Report a problem
    4/1/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    3/26/2022Listed for rent$1,645+3.1%
    Source: Zillow Rental Manager Report a problem
    12/3/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    11/7/2021Listed for rent$1,595+1.3%
    Source: Zillow Rental Manager Report a problem
    9/13/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    8/30/2021Listed for rent$1,575+3.3%
    Source: Zillow Rental Manager Report a problem
    5/17/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    4/23/2021Listed for rent$1,525+10.9%
    Source: Zillow Rental Manager Report a problem
    2/26/2021Listing removed--
    Source: Owner Report a problem
    9/6/2020Listing removed$1,375
    Source: Owner Report a problem
    9/1/2020Price change$1,375-8%
    Source: Owner Report a problem
    8/11/2020Price change$1,495+3.5%
    Source: Owner Report a problem
    7/17/2020Listed for rent$1,445+11.6%
    Source: Owner Report a problem
    2/19/2020Listing removed$1,295
    Source: Owner Report a problem
    2/4/2020Price change$1,295-7.2%
    Source: Owner Report a problem
    1/20/2020Listed for rent$1,395
    Source: Owner Report a problem
    8/3/2005Sold$405,000+122.5%$115/sqft
    Source: Public Record Report a problem
    7/5/1995Sold$182,000$51/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,979 +9.2%$829,000 +2.6%
    2024$9,134 +8.2%$808,000 +12.4%
    2023$8,445 +6.2%$719,000 -1.4%
    2022$7,952 -7.7%$729,000 +6.1%
    2021$8,616 +2.3%$687,000 +8.5%
    2020$8,425 +16.7%$633,000 +16.8%
    2019$7,222 +36.2%$542,000 +21%
    2018$5,301 -15.2%$448,000 +7.2%
    2017$6,252 +26.5%$418,000 +5.3%
    2016$4,942 $397,000 +15.1%
    2015$4,942 $345,000 +3%
    2014$4,942 $335,000 -4.8%
    2013$4,942 $352,000 -4.3%
    2012-- $368,000 +14.6%
    2011-- $321,000 -16.2%
    2010-- $383,000
    2009-- $383,000 +5.8%
    2007-- $362,000 +29.3%
    2006-- $280,000 -1.4%
    2005-- $284,000 +36.5%
    2001$2,772 +7.4%$208,000 +11.3%
    2000$2,582 $186,900

    Find assessor info on the county website

    Neighborhood: 98047

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $972,700
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $972,700