NOT LISTED FOR SALE

10022 9th Avenue Ct E Tacoma, WA 98445

Midland Neighborhood

Estimated Value: $545,000 - $674,357

4 Beds
3 Baths
1,492 Sq Ft
$408/Sq Ft Est. Value

Last Sold July 16, 2020

Last sale price $435,000 $292 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,783/month

264 Days on Market

About This Home

As of July 2020

Opportunity is knocking! Calling all investors/builders. This property offers TWO homes on TWO level acres, larger home just renovated and both homes are currently rented. Large home rent for $1395/mo, smaller home for $895.00. Or develop land with renters in place in the interim? Bring your ideas for this money maker! . Do not bother tenants
Also has 480 sq ft garage and an additional out building

Last Buyer's Agent

Valerie Grindley

Better Properties Gig Harbor License #24005398

Better Properties Gig Harbor

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1516544

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,614

Year Built

  • Built in 1939

Lot Details

  • 2.04 Acre Lot
  • Property is in average condition

Parking

  • 5 Parking Spaces

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2-Story Property

Community Details

  • Parkland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0319032095

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,614

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1939
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 0
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Forced Air
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Franklin Pierce

Lot Info

  • Parcel Number: 0319032095
  • Lot Size Acres: 2.042
  • Lot Size Sq Ft: 88950
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Pierce County
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 5
  • LeasedItems: None
  • TotalMonthlyIncome: 2285

Multi Family

  • Gross Scheduled Income: 27420
  • Net Operating Income: 21881
  • Number Of Units Total: 2
  • Insurance Expense: 925
  • Leasable Area: 2192
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2018
  • Tax Annual Amount: 4614

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2019
Closed on
Jul 11, 2020
Sold by
Straightline Construction & Development
Bought by
Grindley Curtis L and Grindley Valerie K
Buyer's Agent
Valerie Grindley
Better Properties Gig Harbor
List Price
$575,000
Sold Price
$435,000
Premium/Discount to List
-$140,000
-24.35%
Current Estimated Value
$608,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,839
Avg. Annual Appreciation
6.59%
Original Mortgage
$413,250
Outstanding Balance
$366,443
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$242,396

Purchase Details

Listed on
Aug 3, 2017
Closed on
Dec 27, 2017
Sold by
Shaffer Properties Llc
Bought by
Straightline Construction & Development and Pyhena Investments Llc
Seller's Agent
Susan Krueger
Coldwell Banker Danforth
Buyer's Agent
Jack Hansmann
Dove Realty, Inc.
List Price
$369,950
Sold Price
$335,000
Premium/Discount to List
-$34,950
-9.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.79%
Original Mortgage
$275,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 1998
Sold by
Shaffer Richard
Bought by
Shaffer Properties Llc

Purchase Details

Closed on
Sep 29, 1997
Sold by
Panorama Drywall Inc
Bought by
Shaffer Properties

Purchase Details

Closed on
May 27, 1994
Sold by
Stolp Patricia G
Bought by
Panorama Drywall Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
8.3%
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
Grindley Curtis L $435,000 Fidelity National Title
Straightline Construction & Development $334,719 Fidelity National Title
Shaffer Properties Llc -- --
Shaffer Properties -- --
Panorama Drywall Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grindley Curtis L $413,250
Previous Owner Straightline Construction & Development $275,000
Previous Owner Panorama Drywall Inc $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/16/2020 07/16/20 Sold $435,000 -16.3% $292 / Sq Ft
05/30/2020 05/30/20 Pending -- -- --
05/24/2020 05/24/20 Price Changed $519,900 -1.0% $348 / Sq Ft
04/06/2020 04/06/20 Price Changed $524,900 -0.9% $352 / Sq Ft
03/31/2020 03/31/20 Price Changed $529,900 -0.9% $355 / Sq Ft
03/27/2020 03/27/20 Price Changed $534,900 -0.9% $359 / Sq Ft
03/21/2020 03/21/20 Price Changed $539,900 -0.9% $362 / Sq Ft
03/19/2020 03/19/20 Price Changed $544,900 -0.9% $365 / Sq Ft
03/16/2020 03/16/20 Price Changed $549,900 -0.9% $369 / Sq Ft
03/10/2020 03/10/20 Price Changed $554,900 -0.9% $372 / Sq Ft
03/05/2020 03/05/20 Price Changed $559,900 -0.9% $375 / Sq Ft
03/03/2020 03/03/20 Price Changed $564,900 -0.9% $379 / Sq Ft
02/18/2020 02/18/20 Price Changed $569,900 -0.9% $382 / Sq Ft
09/09/2019 09/09/19 For Sale $575,000 +71.6% $385 / Sq Ft
12/29/2017 12/29/17 Sold $335,000 -2.9% $153 / Sq Ft View Prior Sale
11/22/2017 11/22/17 Pending -- -- --
11/09/2017 11/09/17 Price Changed $344,995 -6.7% $157 / Sq Ft
10/24/2017 10/24/17 For Sale $369,950 0.0% $169 / Sq Ft
10/12/2017 10/12/17 Pending -- -- --
09/21/2017 09/21/17 Price Changed $369,950 -7.5% $169 / Sq Ft
08/03/2017 08/03/17 For Sale $399,950 -- $182 / 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 $6,785 $658,700 $308,600 $350,100
2024 $6,785 $630,000 $301,900 $328,100
2023 $6,785 $583,300 $288,400 $294,900
2022 $6,231 $576,300 $279,800 $296,500
2021 $5,319 $394,300 $172,500 $221,800
2019 $4,614 $364,100 $153,900 $210,200
2018 $5,222 $353,100 $169,800 $183,300
2017 $4,785 $304,500 $125,700 $178,800
2016 $4,023 $226,200 $84,900 $141,300
2014 $4,106 $208,100 $75,400 $132,700
2013 $4,106 $190,700 $72,300 $118,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1516544

Northwest Multiple Listing Service (NWMLS)

APN: 031903-2095