NOT LISTED FOR SALE

Estimated Value: $1,115,034 - $1,270,000

8 Beds
6 Baths
4,632 Sq Ft
$257/Sq Ft Est. Value

Last Sold December 14, 2015

Last sale price $500,000 $108 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $7,449/month

28 Days on Market

About This Home

As of December 2015

Good investment potential in this Fircrest 4-plex, with low vacancy rates and a good history of long term tenants. Fully leased, this property is tastefully appointed with fireplaces in each of the units, charming backyards, abundant parking. All units feature 3 bedrooms, 1.75 baths, and all appliances. Situated in the highly sought-after city of Fircrest.

Last Listed By

Matt Hume

Windermere Prof Partners License #26139 Listed on: 08/13/2015

Windermere Prof Partners

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 832371

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,979

Year Built

  • Built in 1972

Lot Details

  • 10,766 Sq Ft Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Shake Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 4,632 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 12 Parking Spaces
  • Open Parking

Schools

  • Whittier Elementary School
  • Truman Middle School
  • Foss High School

Community Details

  • Rolling Hills 4Th Add Condos
  • Fircrest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7267400021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,979

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1972
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Rolling Hills 4th Add
  • New Construction: No
  • CalculatedSquareFootage: 4632
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 279

Interior Features

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

Exterior Features

  • Roof: Cedar Shake, See Remarks
  • Lot Features: Curbs, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: See Remarks, Stucco, Wood
  • Foundation Details: Poured Concrete, See Remarks
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 12
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: TPU
  • SewerCompany: Fircrest
  • WaterCompany: Fircrest
  • WaterSewerGarbage: 4821

Schools

  • Junior High Dist: Tacoma
  • High School: Foss
  • Middle Or Junior School: Truman

Lot Info

  • Parcel Number: 7267400021
  • Lot Size Acres: 0.2472
  • Lot Size Sq Ft: 10766
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Metroscan-buyer to verify
  • ZoningClass: See Remarks

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 3945

Multi Family

  • Gross Scheduled Income: 47340
  • Net Operating Income: 33973
  • Number Of Units Total: 4
  • Electric Expense: 180
  • Insurance Expense: 1200
  • Leasable Area: 4632
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2015
  • Tax Annual Amount: 4979

MLS Schools

  • Elementary School: Whittier

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2015
Closed on
Dec 10, 2015
Sold by
Livesay Marrell D
Bought by
Barlean Bennet M
Seller's Agent
Matt Hume
Windermere Prof Partners
Buyer's Agent
Carrie Jakeman
Park 52, Inc.
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%
Total Days on Market
28
Current Estimated Value
$1,192,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$692,517
Avg. Annual Appreciation
8.43%
Original Mortgage
$327,750
Interest Rate
3.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 11, 2002
Sold by
Hoerauf Nancy
Bought by
Ragland Dale R

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
Barlean Bennet M $499,719 Wfg National Title Company
Ragland Dale R $155,000 --
Livesay Marrell D $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barlean Benet M $391,000
Closed Barlean Bennet M $327,750
Previous Owner Livesay Marrelld $296,847
Previous Owner Livesay Marrell Dean $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2015 12/14/15 Sold $500,000 -4.8% $108 / Sq Ft
09/11/2015 09/11/15 Pending -- -- --
08/13/2015 08/13/15 For Sale $525,000 -- $113 / 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
2024 $10,054 $1,098,100 $305,100 $793,000
2023 $10,054 $1,055,300 $299,400 $755,900
2022 $9,550 $1,043,800 $307,900 $735,900
2021 $8,957 $772,000 $216,500 $555,500
2019 $6,143 $640,500 $185,400 $455,100
2018 $6,871 $571,000 $157,700 $413,300
2017 $6,100 $517,400 $127,900 $389,500
2016 $4,979 $353,700 $93,000 $260,700
2014 $4,783 $337,000 $89,200 $247,800
2013 $4,783 $316,600 $80,300 $236,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 832371

Northwest Multiple Listing Service (NWMLS)

APN: 726740-0021