Listed by RE/MAX Northwest, Bought with Commencement Bay Brokers LLC
NOT LISTED FOR SALE

Estimated Value: $528,000 - $681,000

3 Beds
2 Baths
1,700 Sq Ft
$343/Sq Ft Est. Value

Last Sold April 30, 2019

Last sale price $297,000 $175 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,316/month

21 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Wood Siding

About This Home

As of April 2019

With some cosmetic improvements, this turn of the century duplex could shine! It is situated close to the vibrant 6th Ave BD and minutes from shops, restaurants, coffee bars. New flooring required in utility room, bthrms, kitchens. 2nd bdrm in main floor unit needs ceiling repair. Mechanicals are older. Painting on the interior and exterior are in excellent condition, some minor bubbling on the north wall. The duplex is metered separately for gas and electric, not for water.

Last Agent to Sell the Property

Sonia Grunberg

RE/MAX Northwest License #18148 Listed on: 03/16/2019

RE/MAX Northwest

Last Buyer's Agent

Jeff Williams

Commencement Bay Brokers LLC License #106088

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1417957

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,011

Year Built

  • Built in 1900

Lot Details

  • 4,000 Sq Ft Lot
  • Corner Lot

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,700 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Utilities

  • Cable TV Available

Community Details

  • Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4890000050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,011

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1900
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1700
  • EffectiveYearBuiltSource: See Remarks
  • Special Features: VirtualTour
  • Cumulative Days on Market: 358

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Hardwood, See Remarks, Vinyl, Carpet
  • Interior Amenities: Forced Air, Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Corner Lot, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Fair
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Natural Gas Connected
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: TPU
  • WaterSewerGarbage: 1000

Fee Information

  • Annual Fuel Expense: 1000

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 4890000050
  • Lot Size Acres: 0.0918
  • Lot Size Sq Ft: 4000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Gas Available
  • MLSLotSizeSource: Public Records
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 17
  • LeasedItems: None
  • TotalMonthlyIncome: 1700

Multi Family

  • Gross Scheduled Income: 20400
  • Net Operating Income: 16450
  • Number Of Units Total: 2
  • Electric Expense: 1000
  • Insurance Expense: 950
  • Leasable Area: 1700
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2018
  • Tax Annual Amount: 3011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2020
Sold by
Williams Jeff
Bought by
Jeff Williams Renovations Llc
Current Estimated Value
$568,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,000
Outstanding Balance
$284,471
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$282,452

Purchase Details

Listed on
Mar 16, 2019
Closed on
Apr 26, 2019
Sold by
Mitchell Deborah J and Early Cameron Stacey
Bought by
Jeff Williams Renovation Llc and The Mark D Pinto Living Trust
Seller's Agent
Sonia Grunberg
RE/MAX Northwest
Buyer's Agent
Jeff Williams
Commencement Bay Brokers LLC
List Price
$350,000
Sold Price
$297,000
Premium/Discount to List
-$53,000
-15.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.82%

Purchase Details

Closed on
Mar 9, 2005
Sold by
Williams Mark T
Bought by
Mitchell Deborah J

Purchase Details

Closed on
Sep 23, 2003
Sold by
Williams Mark T
Bought by
Williams Mark T and Williams Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,500
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 1997
Sold by
Simmons Christine
Bought by
Williams Mark T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,200
Interest Rate
7.96%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Jeff Williams Renovations Llc -- Cw Title
Williams Jeff -- Fidelity National Title
Jeff Williams Renovation Llc $297,000 Cw Title
Mitchell Deborah J -- --
Williams Mark T -- Pnwt
Williams Mark T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Jeff $393,000
Previous Owner Mitchell Deborah J $15,000
Previous Owner Williams Mark T $78,500
Previous Owner Williams Mark T $74,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2019 04/30/19 Sold $297,000 -15.1% $175 / Sq Ft
03/29/2019 03/29/19 Pending -- -- --
03/08/2019 03/08/19 For Sale $350,000 -- $206 / 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 $2,442 $562,700 $218,100 $344,600
2024 $2,442 $519,700 $211,800 $307,900
2023 $2,442 $457,800 $197,500 $260,300
2022 $4,535 $482,500 $198,900 $283,600
2021 $4,547 $361,800 $117,100 $244,700
2019 $3,111 $278,400 $93,800 $184,600
2018 $2,871 $239,200 $78,800 $160,400
2017 $2,530 $181,600 $62,600 $119,000
2016 $2,210 $133,500 $47,600 $85,900
2014 $2,015 $127,000 $42,600 $84,400
2013 $2,015 $117,000 $37,600 $79,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1417957

Northwest Multiple Listing Service (NWMLS)

APN: 489000-0050