Listed by Keller Williams Realty PS, Bought with NW Casas Realty
NOT LISTED FOR SALE

10425 Sheridan Ave S Unit 10427 Tacoma, WA 98444

Midland Neighborhood

Estimated Value: $349,000 - $447,000

2 Beds
2 Baths
1,029 Sq Ft
$376/Sq Ft Est. Value

Last Sold July 17, 2023

Last sale price $322,500 $313 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,353/month

10 Days on Market

Highlights

  • No HOA
  • Property is Fully Fenced
  • 1-Story Property
  • Baseboard Heating
  • Wall to Wall Carpet

About This Home

As of July 2023

**GREAT INVESTMENT opportunity in Tacoma* Each unit offers 1 bed, 1 bath & 515 sqft, giving a comfortable yet functional living space for yourself or tenants. Duplex needs updating and finishing touches giving you the great return on investment. The Large picturesque windows in living rooms bring in tons of natural light to the open floor plan. Individually attached carports, Private fully fenced yards and storage sheds are huge bonuses. There is Newer carpet & Paint in 10425, Hardi-plank siding & Newer roof. It's prime location to all major freeways and shopping, make it highly desirable for commuting. Whether you're looking to expand your portfolio or just getting started, this property has great potential! Hurry, won't last long!

Last Agent to Sell the Property

Dan Whitehouse

Keller Williams Realty PS License #7227 Listed on: 06/08/2023

Keller Williams Realty PS

Last Buyer's Agent

Victor Chavez

NW Casas Realty License #26783

NW Casas Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2077254

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,849

Year Built

  • Built in 1900

Lot Details

  • 10,500 Sq Ft Lot
  • Property is Fully Fenced
  • Property is in average condition

Home Design

  • Duplex
  • Block Foundation
  • Composition Roof

Interior Spaces

  • 1,029 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Additional Features

  • Outbuilding
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9380000040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,849

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1900
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1029
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate Hardwood, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Cement/Concrete
  • Foundation Details: Block
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: TPU
  • SewerCompany: Pierce County
  • WaterCompany: TPU
  • WaterSewerGarbage: 1263

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Franklin Pierce
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 9380000040
  • Lot Size Acres: 0.241
  • Lot Size Sq Ft: 10500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,Outbuildings
  • MLSLotSizeSource: County
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 2070

Multi Family

  • Gross Scheduled Income: 24840
  • Net Operating Income: 19824
  • Number Of Units Total: 2
  • Electric Expense: 1116
  • Insurance Expense: 788.42
  • Leasable Area: 1029
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1849

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2023
Closed on
Jul 9, 2023
Sold by
Lorraine D Wollen Living Trust
Bought by
Hernandez Rodrigo M Lopez
Seller's Agent
Dan Whitehouse
Keller Williams Realty PS
Buyer's Agent
Victor Chavez
NW Casas Realty
List Price
$325,000
Sold Price
$322,500
Premium/Discount to List
-$2,500
-0.77%
Views
116
Current Estimated Value
$386,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,395
Avg. Annual Appreciation
8.43%
Original Mortgage
$225,750
Outstanding Balance
$220,365
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$166,530

Purchase Details

Closed on
Jul 13, 2006
Sold by
Wollen Lorraine D
Bought by
Wollen Lorraine D and Lorraine D Wollen Living Trust

Purchase Details

Closed on
Apr 26, 1999
Sold by
Rust Corrine J
Bought by
Wollen James W and Wollen Lorraine D
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
Hernandez Rodrigo M Lopez -- Equity Title
Wollen Lorraine D -- None Available
Wollen James W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Rodrigo M Lopez $225,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2023 07/17/23 Sold $322,500 -0.8% $313 / Sq Ft
06/18/2023 06/18/23 Pending -- -- --
06/08/2023 06/08/23 For Sale $325,000 -- $316 / 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 $3,618 $322,800 $179,000 $143,800
2024 $3,618 $315,500 $171,200 $144,300
2023 $3,618 $300,800 $165,300 $135,500
2022 $3,414 $322,400 $171,300 $151,100
2021 $2,939 $211,500 $113,600 $97,900
2019 $2,314 $184,000 $94,000 $90,000
2018 $2,425 $170,700 $80,300 $90,400
2017 $2,186 $135,600 $52,400 $83,200
2016 $2,104 $117,400 $45,600 $71,800
2014 $1,870 $106,300 $41,900 $64,400
2013 $1,870 $97,500 $38,200 $59,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2077254

Northwest Multiple Listing Service (NWMLS)

APN: 938000-0040