Listed by Dove Realty, Inc., Bought with Keller Williams Rlty Bellevue
NOT LISTED FOR SALE

Estimated Value: $788,000 - $843,000

8 Beds
4 Baths
3,680 Sq Ft
$222/Sq Ft Est. Value

Last Sold March 22, 2021

Last sale price $756,000 $205 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,112/month

6 Days on Market

Highlights

  • RV Access or Parking
  • Corner Lot
  • Patio
  • Deck
  • Thermal Windows
  • Vinyl Plank Flooring

About This Home

As of March 2021

Large remodeled duplex in Tacoma. Good investment opportunity. Each unit has 1840 sf of living space, 4 bedrooms, 3 baths and 2 garages. Live in one unit & bring in income from the other. Situated on a big fenced lot. RV/Boat parking. Conveniently minutes from I-5 and HWY 512. Close to Fort Lewis and McChord AFB. Units are mirror images of each other. Newer roof, new low maintenance LVP flooring, new quartz counter tops, new stainless steel appliances, new water heaters, new plumbing & electrical fixtures, new painted millwork & doors, new exterior & interior paint, fireplace in living room, master bedroom has mini office, covered deck & patio space, built on a concrete slab, washer/dryer hookups and both units have separate water meters.

Last Agent to Sell the Property

Quy Pham

Dove Realty, Inc. License #47641 Listed on: 02/16/2021

Last Buyer's Agent

Qi Wang

Keller Williams Rlty Bellevue License #132474

Keller Williams Rlty Bellevue

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1730436

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,517

Year Built

  • Built in 1995

Lot Details

  • 0.31 Acre Lot
  • Dog Run
  • Property is Fully Fenced
  • Corner Lot
  • Property is in very good condition

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 3,680 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank

Parking

  • 12 Parking Spaces
  • 4 Covered Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cable TV Available

Community Details

  • Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0319045056

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,517

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1995
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3680
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 358

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl Plank, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Slab
  • Property Condition: Very Good
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Available
  • Water Source: Public
  • Security: SecurityGate, PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Electric
  • PowerCompany: TPU
  • SewerCompany: Pierce County
  • WaterCompany: Parkland Water
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Franklin Pierce

Lot Info

  • Parcel Number: 0319045056
  • Lot Size Acres: 0.31
  • Lot Size Sq Ft: 13504
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Dog Run,Fenced-Fully,Patio,RV Parking
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 56400

Multi Family

  • Gross Scheduled Income: 56400
  • Net Operating Income: 48683
  • Number Of Units Total: 2
  • Insurance Expense: 1200
  • Leasable Area: 3680
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 6517

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2021
Closed on
Mar 15, 2021
Sold by
Re And Beyond Llp
Bought by
Chen Arthur T and Chang Mary
Seller's Agent
Quy Pham
Dove Realty, Inc.
Buyer's Agent
Qi Wang
Keller Williams Rlty Bellevue
List Price
$699,950
Sold Price
$756,000
Premium/Discount to List
$56,050
8.01%
Current Estimated Value
$816,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,281
Avg. Annual Appreciation
1.69%
Original Mortgage
$548,250
Outstanding Balance
$494,806
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$319,444

Purchase Details

Closed on
Nov 18, 2020
Sold by
Chai Liping
Bought by
Re And Beyond Llp

Purchase Details

Closed on
Oct 4, 2017
Sold by
Wei Xuan
Bought by
Chal Liping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2017
Sold by
Real Neak
Bought by
Chai Liping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2007
Sold by
Deutsche Bank Trust Co Americas
Bought by
Real Neak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,305
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2007
Sold by
Hinckley Matthew G
Bought by
Deutsche Bank Trust Co Americas and Ixis 2006-He2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,305
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 2004
Sold by
Herd James M
Bought by
Hinckley Matthew G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,200
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 2003
Sold by
Herd Lowell F
Bought by
Herd James M and Herd Sherri E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,800
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 8, 1999
Sold by
Sliwinski Richard J
Bought by
Herd Lowell F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.87%
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
Chen Arthur T $756,000 Fidelity Natl Ttl Co Of Ca
Re And Beyond Llp $468,000 Equity Title Of Wa Llc
Chal Liping -- Fidelity National Title
Chai Liping $429,719 Fidelity National Title
Real Neak $351,450 Fidelity National Title Insu
Deutsche Bank Trust Co Americas $297,500 Fidelity National Title
Hinckley Matthew G $339,000 Fidelity National Title Co
Herd James M $321,000 First American Title Ins Co
Herd Lowell F $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Arthur T $548,250
Previous Owner Chai Liping $260,000
Previous Owner Real Neak $316,305
Previous Owner Hinckley Matthew G $371,700
Previous Owner Hinckley Matthew G $271,200
Previous Owner Herd James M $256,800
Previous Owner Herd Lowell F $200,000
Closed Herd Lowell F $50,000
Closed Hinckley Matthew G $67,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2021 03/22/21 Sold $756,000 +8.0% $205 / Sq Ft
02/22/2021 02/22/21 Pending -- -- --
02/16/2021 02/16/21 For Sale $699,950 -- $190 / 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 $7,964 $786,900 $188,400 $598,500
2024 $7,964 $734,500 $180,200 $554,300
2023 $7,964 $698,300 $174,100 $524,200
2022 $7,568 $778,000 $182,200 $595,800
2021 $6,518 $496,800 $120,800 $376,000
2019 $5,428 $445,000 $100,000 $345,000
2018 $5,926 $430,500 $85,400 $345,100
2017 $5,297 $355,400 $56,900 $298,500
2016 $5,124 $307,300 $49,500 $257,800
2014 $4,570 $276,800 $45,500 $231,300
2013 $4,570 $256,400 $41,500 $214,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1730436

Northwest Multiple Listing Service (NWMLS)

APN: 031904-5056