Listed by John L. Scott, Inc, Bought with Armada Homes Real Estate LLC
NOT LISTED FOR SALE

1010 S 14th St Unit 1-3 Tacoma, WA 98405

Hilltop Neighborhood

Estimated Value: $546,047 - $645,000

3 Beds
3 Baths
1,921 Sq Ft
$304/Sq Ft Est. Value

Last Sold November 18, 2016

Last sale price $256,110 $133 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $3,588/month

9 Days on Market

Highlights

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

About This Home

As of November 2016

Rare find of 9% cap rate. Solid building fully rented and completely remodeled. Newer kitchens, bathrooms, paint and flooring. Heaters and water heaters. On-site coin operated laundry for extra income every month of about $120. Several new vinyl windows, new drainage and so much more. Excellent location, hospital, light rail, parks, school. Don't miss out on the 4-plex next door also for sale. 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

Teri Chanturiya

Armada Homes Real Estate LLC License #27854

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1037005

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,635

Year Built

  • Built in 1900

Lot Details

  • 3,244 Sq Ft Lot

Home Design

  • Triplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,921 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 3 Parking Spaces
  • Open Parking

Community Details

  • Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2014200012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,635

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1900
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1921
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 362

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 2040

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 2014200012
  • Lot Size Acres: 0.0745
  • Lot Size Sq Ft: 3244
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 9
  • LeasedItems: None
  • TotalMonthlyIncome: 2435

Multi Family

  • Gross Scheduled Income: 29220
  • Net Operating Income: 24105
  • Number Of Units Total: 3
  • Electric Expense: 540
  • Insurance Expense: 900
  • Leasable Area: 1921
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2016
  • Tax Annual Amount: 1635

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2016
Closed on
Nov 18, 2016
Sold by
Xen Elo
Bought by
Tran Andrew Tien Manh
Seller's Agent
Nelya Calev
John L. Scott, Inc
Buyer's Agent
Teri Chanturiya
Armada Homes Real Estate LLC
List Price
$255,000
Sold Price
$256,110
Premium/Discount to List
$1,110
0.44%
Current Estimated Value
$583,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,402
Avg. Annual Appreciation
9.75%
Original Mortgage
$247,561
Interest Rate
3.3%
Mortgage Type
FHA

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
$150,000
Interest Rate
3.59%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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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
Tran Andrew Tien Manh $255,829 Fidelity National Title
Elo $199,719 Cw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tran Andrew Tien Manh $195,000
Closed Tran Andrew Tien Manh $50,000
Closed Tran Andrew Tien Manh $247,561
Previous Owner Elo $150,000
Previous Owner Elo $231,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2016 11/18/16 Sold $256,110 +0.4% $133 / Sq Ft
10/12/2016 10/12/16 Pending -- -- --
10/12/2016 10/12/16 For Sale $255,000 0.0% $133 / Sq Ft
10/10/2016 10/10/16 Pending -- -- --
10/03/2016 10/03/16 For Sale $255,000 -- $133 / 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 $4,904 $472,400 $213,300 $259,100
2024 $4,904 $467,600 $207,000 $260,600
2023 $4,904 $440,500 $196,000 $244,500
2022 $4,413 $453,500 $187,200 $266,300
2021 $4,035 $320,900 $96,900 $224,000
2019 $3,405 $298,100 $77,100 $221,000
2018 $3,478 $261,900 $67,500 $194,400
2017 $2,040 $220,100 $47,400 $172,700
2016 $0 $96,700 $20,200 $76,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1037005

Northwest Multiple Listing Service (NWMLS)

APN: 201420-0012