Score
0Puyallup, WA
2808 Forest Park Court N
480K
3 beds
2 baths
1,060 sqft
3 bd • 2 ba • 1,060 sf
This analysis was generated on 1/22/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.
List Price
$479,995
Price/Sq.Ft
$453
Year Built
1972
AI Property Analysis
A comprehensive evaluation of this property's features, market position, and investment potential.
The Good
This property excels with its recent full remodel, offering modern upgrades and high-end finishes throughout. The price per square foot of $452.83 is competitive for the area, especially considering the extensive renovations. The home's location near freeways, parks, and shopping adds significant value. The property features desirable amenities such as RV parking and EV charging, which are increasingly sought-after. The fully fenced yard provides privacy and security. Climate risk scores are favorable, with minimal flood risk (1/10) and wind risk (1/10), potentially leading to lower insurance costs. The property has shown strong appreciation, increasing 46.8% in value over just three months (October 2024 to January 2025).
The Bad
At 1,060 square feet, the home is smaller than many in the area, which may limit its appeal to larger families. The lot size is not specified, which could be a concern for buyers looking for more outdoor space. The moderate fire risk (3/10) and heat risk (3/10) may require additional precautions and potential increased insurance costs. The home's age (built in 1972) suggests that despite the remodel, some major systems may need attention in the coming years. The rapid appreciation in value (46.8% in 3 months) may indicate an overheated market, potentially limiting future appreciation.
The Ugly
The severe air quality risk (7/10) with 11 bad air days per year is a significant concern, potentially impacting residents' health and quality of life. The estimated insurance cost of $1,727.98 per year is relatively high, likely due to the combination of climate risks and the home's value. The property's history shows multiple list-price changes and quick turnarounds, which could indicate market volatility or potential issues with the property that aren't immediately apparent. The wall furnace heating system may be less efficient than more modern HVAC systems, potentially leading to higher energy costs.
Who is this property for?
These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.
Best For
This property is best suited for first-time homebuyers or small families looking for a move-in ready home with modern amenities. It's ideal for those prioritizing a recent remodel and low-maintenance living. The property would appeal to eco-conscious buyers due to its EV charging capability. Investors might find it attractive due to its recent appreciation and potential for rental income, with local three-bedroom rentals averaging $2,840 per month.
Not For
This property is not suitable for larger families needing more than 3 bedrooms or those requiring significant square footage. It may not appeal to buyers sensitive to air quality issues due to the high air quality risk score. Long-term investors looking for steady appreciation might be cautious due to the recent rapid price increase. Those seeking a home with a large yard or extensive outdoor space may find the property lacking, as lot size details are not provided.
Demographics
Area Median Income
$94,618
Property History
Price History
Ownership Timeline
$327,000Financed
Oct 2, 2024Acres To Assets LlcDimar Llc
Warranty Deed
Non-Residential Arm's Length Transactions
$179,906Financed
Sep 5, 2024Regina Crosby, Estate Of Paul A TownsendAcres To Assets Llc
Warranty Deed
Non-Residential Arm's Length Transactions
$8,591Cash Purchase
Jul 23, 2007Kenneth R FrantilaPaul Townsend
Quit Claim Deed
Non-Arm's Length Transactions
Property Taxes
$17,991
2023 Tax Assessment
35.4%from previous year
Assessed Value$339,800
Tax Rate5.29%
Sunlight Analysis
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Sunlight Analysis
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Schools
Nearby school quality by education level
Elementary
5.0/10
AverageMiddle
5.0/10
AverageHigh
6.0/10
GoodFinancials
Monthly Costs
Market Rent (3 bed)
Get a detailed estimate on Zillow$1,430
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Location & Comparables
Subject Property
Comparable Sales
Subject Property
Price
$479,995
Price/sqft
$453
Layout
3 bd•2 ba
Days on market
13 daysat time of analysis
Stats in the Area
Based on 6 comparable properties nearby
Average Price
$337,967
42.0%
Your price is 42.0% above average
Median Price
$451,000
6.4%
Based on 6 recent sales
Price per Sq.Ft
$296
53.0%
Your price is 53.0% above average $/sqft
Comparable Properties
| Address | Price | Sq.Ft | Beds | Baths | $/Sq.Ft | Sale Date |
|---|---|---|---|---|---|---|
| 1429 View Vista Park, Port Angeles, WA 98362 | $49,900 | 924 | 3 | 2 | $5488.1% | 11/19/2024 |
| 2710 26th ST SE, Puyallup, WA 98374 | $460,000 | 1,214 | 4 | 2 | $37916.3% | 10/30/2024 |
| 2110 25th Avenue SE, Puyallup, WA 98374 | $500,000 | 1,200 | 3 | 2 | $4178.0% | 9/11/2024 |
| 11615 121st Avenue Ct E, Puyallup, WA 98374 | $451,000 | 1,188 | 3 | 2 | $38016.2% | 8/15/2024 |
| 2808 Forest Park Court N, Puyallup, WA 98374 | $327,000 | 1,060 | 3 | 1 | $30831.9% | 9/26/2024 |
| 2711 25th Avenue Ct SE, Puyallup, WA 98374 | $239,900 | 1,008 | 3 | 1 | $23847.4% | 9/6/2024 |
1429 View Vista Park, Port Angeles, WA 98362
Price: $49,900
Sq.Ft: 924
Beds/Baths: 3/2
$/Sq.Ft:
$5488.1%
Sale Date: 11/19/2024
2710 26th ST SE, Puyallup, WA 98374
Price: $460,000
Sq.Ft: 1,214
Beds/Baths: 4/2
$/Sq.Ft:
$37916.3%
Sale Date: 10/30/2024
2110 25th Avenue SE, Puyallup, WA 98374
Price: $500,000
Sq.Ft: 1,200
Beds/Baths: 3/2
$/Sq.Ft:
$4178.0%
Sale Date: 9/11/2024
11615 121st Avenue Ct E, Puyallup, WA 98374
Price: $451,000
Sq.Ft: 1,188
Beds/Baths: 3/2
$/Sq.Ft:
$38016.2%
Sale Date: 8/15/2024
2808 Forest Park Court N, Puyallup, WA 98374
Price: $327,000
Sq.Ft: 1,060
Beds/Baths: 3/1
$/Sq.Ft:
$30831.9%
Sale Date: 9/26/2024
2711 25th Avenue Ct SE, Puyallup, WA 98374
Price: $239,900
Sq.Ft: 1,008
Beds/Baths: 3/1
$/Sq.Ft:
$23847.4%
Sale Date: 9/6/2024
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