NOT LISTED FOR SALE

Estimated Value: $638,000 - $694,797

4 Beds
2 Baths
1,568 Sq Ft
$424/Sq Ft Est. Value

Last Sold June 17, 2013

Last sale price $194,000 $124 Per Sq Ft

Est. 235% increase in value since last sale

Current estimated payment $4,101/month

30 Days on Market

Highlights

  • Deck
  • Territorial View
  • Wall to Wall Carpet
  • Stadium High School Rated A-
  • Partially Fenced Property

About This Home

As of June 2013

Fantastic Value! This Craftsman Duplex features Common Entry with interior access front doors for both units. Basement area divided to provide additional storage and laundry for both units. 3-Car Detached Garage is divided into three 1-Car stalls with potential for additional rental income. Don't miss out on this Outstanding Opportunity!

Co-Listed By

Graham Mercado

PropertiesNW of Gig Harbor Ltd License #24100

Last Buyer's Agent

Sloan Hunter

Hunter Real Estate Consulting License #25439

Hunter Real Estate Consulting

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 476483

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,903

Year Built

  • Built in 1911

Lot Details

  • 6,499 Sq Ft Lot
  • Partially Fenced Property
  • Property is in average condition

Home Design

  • Duplex
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,568 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 5 Parking Spaces
  • 3 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Outbuilding

Community Details

  • North Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2040300070

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,903

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1911
  • Buyer Agency Compensation: 3.0
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 1568
  • Special Features: None
  • Cumulative Days on Market: 360

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: TPU
  • WaterSewerGarbage: 1

Fee Information

  • Annual Fuel Expense: 1

Schools

  • Junior High Dist: Tacoma
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 2040300070
  • Lot Size Acres: 0.1492
  • Lot Size Sq Ft: 6499
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially,Outbuildings

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 1
  • LeasedItems: None
  • TotalMonthlyIncome: 1

Multi Family

  • Gross Scheduled Income: 1
  • Net Operating Income: 1
  • Number Of Units Total: 2
  • Electric Expense: 1
  • Insurance Expense: 1
  • Leasable Area: 1318
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 100

Tax Info

  • Year: 2012
  • Tax Annual Amount: 3903

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2013
Closed on
Jun 11, 2013
Sold by
Federal National Mortgage Association
Bought by
Reisberg Leah
Buyer's Agent
Sloan Hunter
Hunter Real Estate Consulting
List Price
$213,500
Sold Price
$194,000
Premium/Discount to List
-$19,500
-9.13%
Current Estimated Value
$649,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$455,852
Avg. Annual Appreciation
10.47%

Purchase Details

Closed on
Jan 30, 2013
Sold by
Arsenault Donald G and Keenan Kathleen
Bought by
Federal National Mortgage Association
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
Reisberg Leah $194,000 Service Link
Federal National Mortgage Association $298,290 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arsenault Donald G $268,000
Previous Owner Arsenault Donald G $33,467
Previous Owner Arsenault Donald G $127,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2013 06/17/13 Sold $194,000 -9.1% $124 / Sq Ft
05/23/2013 05/23/13 Pending -- -- --
04/22/2013 04/22/13 For Sale $213,500 -- $136 / 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 $6,516 $646,000 $361,100 $284,900
2024 $6,516 $638,300 $339,000 $299,300
2023 $6,516 $585,600 $302,200 $283,400
2022 $5,889 $608,700 $348,200 $260,500
2021 $5,639 $448,900 $230,700 $218,200
2019 $4,851 $405,400 $191,500 $213,900
2018 $5,311 $373,400 $169,700 $203,700
2017 $4,578 $336,400 $147,800 $188,600
2016 $4,429 $265,100 $101,900 $163,200
2014 $1,839 $254,900 $95,400 $159,500
2013 $1,839 $231,000 $80,500 $150,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 476483

Northwest Multiple Listing Service (NWMLS)

APN: 204030-0070