Listed by John L. Scott, Inc, Bought with Keller Williams Realty Bothell
NOT LISTED FOR SALE

1002 S 14th St Unit 1-4 Tacoma, WA 98405

Hilltop Neighborhood

Estimated Value: $651,000 - $687,924

4 Beds
4 Baths
2,224 Sq Ft
$301/Sq Ft Est. Value

Last Sold December 05, 2016

Last sale price $324,500 $146 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $4,245/month

27 Days on Market

Highlights

  • Territorial View
  • Wood Siding
  • Wall to Wall Carpet
  • Stadium High School Rated A-

About This Home

As of December 2016

Unbelievable cap rate of 8.25% with true actual $ numbers not pro-forma! There is more room to increase rents to boost up your cap! Excellent location, light rail, parks, schools and more. Fully remodeled and ready for you to take over. Newer kitchens, bathrooms, paint, flooring, heaters, water heaters, doors and millwork in every unit. Newer drainage, fences and roof. Call your agent today before it's gone tomorrow.

Last Agent to Sell the Property

Nelya Calev

John L. Scott, Inc License #97542 Listed on: 10/03/2016

John L. Scott, Inc

Last Buyer's Agent

Katie Silver

Keller Williams Realty Bothell License #112030

Keller Williams Realty Bothell

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1036994

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,069

Year Built

  • Built in 1900

Lot Details

  • 3,250

Home Design

  • Quadruplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,224 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Additional Features

  • 3,250 Sq Ft Lot
  • Cable TV Available

Community Details

  • Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2014200011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,069

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1900
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2224
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 364

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: TPU
  • WaterSewerGarbage: 5000

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 2014200011
  • Lot Size Acres: 0.0746
  • Lot Size Sq Ft: 3250
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 9
  • LeasedItems: None
  • TotalMonthlyIncome: 2940

Multi Family

  • Gross Scheduled Income: 35280
  • Net Operating Income: 27011
  • Number Of Units Total: 4
  • Insurance Expense: 1200
  • Leasable Area: 2224
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2016
  • Tax Annual Amount: 2069

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2023
Sold by
Robert Miles Properties Llc
Bought by
1002 South 14Th Llc
Current Estimated Value
$668,157

Purchase Details

Listed on
Oct 3, 2016
Closed on
Dec 16, 2016
Sold by
Goecke Benjamin Jeffery and Goecke Jessica Carr
Bought by
Robert Miles Properties Llc
Seller's Agent
Nelya Calev
John L. Scott, Inc
Buyer's Agent
Katie Silver
Keller Williams Realty Bothell
List Price
$328,000
Sold Price
$324,500
Premium/Discount to List
-$3,500
-1.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,375
Interest Rate
3.54%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 3, 2016
Closed on
Dec 1, 2016
Sold by
Xen Elo
Bought by
Goecke Benjamin and Goecke Jessica
Seller's Agent
Nelya Calev
John L. Scott, Inc
Buyer's Agent
Katie Silver
Keller Williams Realty Bothell
List Price
$328,000
Sold Price
$324,500
Premium/Discount to List
-$3,500
-1.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,375
Interest Rate
3.54%
Mortgage Type
Commercial

Purchase Details

Closed on
May 19, 2016
Sold by
Court Condo Rental Llc
Bought by
Elo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
3.58%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 9, 2011
Sold by
Mccormick Matthew and Foreman William
Bought by
Court Condo Rental Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
4.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 29, 2010
Sold by
Foreman Teresita
Bought by
Foreman Ii William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 5, 2009
Sold by
Palmer Mary M
Bought by
Sukuma Investments Inc

Purchase Details

Closed on
Feb 25, 2004
Sold by
Gunter Michael J
Bought by
Palmer Mary M

Purchase Details

Closed on
Jun 13, 1995
Sold by
Wagner George D and Wagner Arlene M
Bought by
Gunter Michael J and Gunter Sherri Lee M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1002 South 14Th Llc -- None Listed On Document
Robert Miles Properties Llc -- None Available
Goecke Benjamin $324,219 Fidelity Natl Title Co Wa In
Elo $307,719 Cw Title
Court Condo Rental Llc $290,000 First American Title
Foreman Ii William -- Puget Sound Title Company
Mccormick Matthew $150,000 Puget Sound Title Company
Sukuma Investments Inc -- None Available
Palmer Mary M $225,000 Lawyers Title
Gunter Michael J $10,000 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Goecke Benjamin $243,375
Previous Owner Elo $231,000
Previous Owner Court Condo Rental Llc $232,000
Previous Owner Mccormick Matthew $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2016 12/05/16 Sold $324,500 -1.1% $146 / Sq Ft
10/31/2016 10/31/16 Pending -- -- --
10/03/2016 10/03/16 For Sale $328,000 -- $147 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,656 $720,900 $213,300 $507,600
2024 $6,656 $665,900 $207,000 $458,900
2023 $6,656 $598,200 $196,100 $402,100
2022 $5,983 $615,700 $187,300 $428,400
2021 $5,346 $425,500 $97,000 $328,500
2019 $4,457 $362,300 $77,100 $285,200
2018 $4,339 $343,000 $67,600 $275,400
2017 $2,652 $274,700 $47,400 $227,300
2016 $3,565 $122,500 $20,300 $102,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1036994

Northwest Multiple Listing Service (NWMLS)

APN: 201420-0011