NOT LISTED FOR SALE

1016 6th Ave Unit 1-4 Tacoma, WA 98405

Hilltop Neighborhood

Estimated Value: $580,000 - $660,978

4 Beds
4 Baths
1,748 Sq Ft
$355/Sq Ft Est. Value

Last Sold April 25, 2014

Last sale price $187,000 $107 Per Sq Ft

Est. 232% increase in value since last sale

Current estimated payment $3,420/month

37 Days on Market

Highlights

  • Thermal Windows
  • Partially Fenced Property
  • Wall to Wall Carpet
  • Stadium High School Rated A-
  • Wood Siding
  • 3-minute walk to Wright Park

About This Home

As of April 2014

Investor Alert! Four-plex includes 3 studio apartments and a 2-story, 1 bedroom unit which also includes a highly coveted parking space. All units are currently occupied and are consistently and happily rented. Building has on-site coin operated laundry. Building conveniently located near downtown Tacoma and hospitals and University of Washington Tacoma.

Last Buyer's Agent

Heidi Rowntree

A. J. Broback Co License #27698

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 585147

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,296

Year Built

  • Built in 1892

Lot Details

  • 2,879 Sq Ft Lot
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,748 Sq Ft Home
  • 3-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 1 Parking Space
  • Open Parking

Utilities

  • Natural Gas Connected
  • Cable TV Available

Community Details

  • Baker's And Central Tacoma Condos
  • Hilltop Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2006210030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,296

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1892
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Baker's and Central Tacoma
  • New Construction: No
  • CalculatedSquareFootage: 1748
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,Coin Op Laundry,Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Total Parking Spaces: 1
  • ParkingUncoveredSpaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: Tacoma
  • SewerCompany: Tacoma
  • WaterCompany: Tacoma
  • WaterSewerGarbage: 7083

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Parcel Number: 2006210030
  • Lot Size Acres: 0.0661
  • Lot Size Sq Ft: 2879
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 7
  • LeasedItems: None
  • TotalMonthlyIncome: 2335

Multi Family

  • Gross Scheduled Income: 27720
  • Net Operating Income: 17444
  • Number Of Units Total: 4
  • Insurance Expense: 1196
  • Leasable Area: 1600
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2013
  • Tax Annual Amount: 2296

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2017
Sold by
Heard Thomas F
Bought by
Multicare Health System
Current Estimated Value
$620,489

Purchase Details

Listed on
Feb 5, 2014
Closed on
Apr 15, 2014
Sold by
Brain Jeffrey J and Brain Gloria J
Bought by
Heard Thomas F
Buyer's Agent
Heidi Rowntree
A. J. Broback Co
List Price
$200,000
Sold Price
$187,000
Premium/Discount to List
-$13,000
-6.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.98%
Original Mortgage
$149,600
Interest Rate
4.28%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 26, 2000
Sold by
Myers Mark
Bought by
Brain Jeffrey J and Brain Gloria J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,200
Interest Rate
4.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 7, 1998
Sold by
Conlen William
Bought by
Myers Mark F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,300
Interest Rate
7.03%
Mortgage Type
Commercial
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
Multicare Health System $349,719 Fidelity National Title
Heard Thomas F $186,719 Wfg National Title Company
Brain Jeffrey J $123,901 Commonwealth Title Co
Myers Mark F $97,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heard Thomas F $149,600
Previous Owner Brain Jeffrey J $85,200
Previous Owner Myers Mark F $87,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2014 04/25/14 Sold $187,000 -6.5% $107 / Sq Ft
03/16/2014 03/16/14 Pending -- -- --
02/06/2014 02/06/14 For Sale $200,000 -- $114 / 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 $1,680 $149,500 $149,500 --
2024 $1,680 $149,500 $149,500 --
2023 $1,680 $150,300 $150,300 $0
2022 $1,479 $181,800 $181,800 $0
2021 $1,191 $94,100 $94,100 $0
2019 $3,248 $284,300 $74,900 $209,400
2018 $3,423 $249,800 $65,600 $184,200
2017 $2,938 $216,600 $45,800 $170,800
2016 $2,623 $161,300 $32,100 $129,200
2014 $2,297 $150,800 $33,000 $117,800
2013 $2,297 $140,500 $33,000 $107,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 585147

Northwest Multiple Listing Service (NWMLS)

APN: 200621-0030