Listed by Real Broker LLC, Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

110 112 117th St S Tacoma, WA 98444

Estimated Value: $421,000 - $553,000

2 Beds
2 Baths
2,032 Sq Ft
$251/Sq Ft Est. Value

Last Sold September 04, 2019

Last sale price $305,000 $150 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,051/month

7 Days on Market

Highlights

  • Territorial View
  • Wall to Wall Carpet
  • 1-Story Property
  • Thermal Windows

About This Home

As of September 2019

Value-Add Opportunity Duplex. Each unit is 2bed/1bath/983 SqFt. Right unit was completely remodeled in 2017 from the studs-out; everything new. Roof and siding replaced last 3 years; newer windows, water heaters, etc. Fully fenced yard with garden space; shared laundry room in rear. Current tenants are month-to-month; property is ready to be re-positioned into market rents. Just appraised for $335,000 February 2019; This is solid investment property that just needs a little cleanup.

Last Agent to Sell the Property

Charles Burnett

Real Broker LLC License #50261 Listed on: 07/15/2019

Last Buyer's Agent

Emil Dahm

Skyline Properties, Inc. License #124659

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1486741

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,611

Year Built

  • Built in 1958

Lot Details

  • 6,900 Sq Ft Lot
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,032 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 9 Parking Spaces
  • Open Parking

Community Details

  • Parkland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0319092038

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,611

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1958
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2032
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Metal
  • View: Territorial
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Total Parking Spaces: 9
  • ParkingUncoveredSpaces: 5

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 1900

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 0319092038
  • Lot Size Acres: 0.1584
  • Lot Size Sq Ft: 6900
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family,Residential

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10
  • LeasedItems: None
  • TotalMonthlyIncome: 1600

Multi Family

  • Gross Scheduled Income: 27600
  • Net Operating Income: 21316
  • Number Of Units Total: 2
  • Electric Expense: 120
  • Insurance Expense: 825
  • Leasable Area: 2032
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2019
  • Tax Annual Amount: 2611

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2022
Sold by
James Foster Trevor and James Karlea A
Bought by
Morrill Kellie
Current Estimated Value
$509,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,762
Outstanding Balance
$479,547
Interest Rate
5.55%
Mortgage Type
FHA
Estimated Equity
$30,203

Purchase Details

Listed on
Jul 15, 2019
Closed on
Aug 21, 2019
Sold by
Mccollum Anastasia and Meadows Lynn J
Bought by
Foster Trevor James and Foster Karlea A
Seller's Agent
Charles Burnett
Real Broker LLC
Buyer's Agent
Emil Dahm
Skyline Properties, Inc.
List Price
$295,000
Sold Price
$305,000
Premium/Discount to List
$10,000
3.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.75%
Original Mortgage
$299,475
Interest Rate
3.7%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 28, 2019
Sold by
Mccollum Anastasia
Bought by
Mccollum Anastasia and Meadows Lynn James

Purchase Details

Closed on
Jun 11, 2018
Sold by
Geo Properties Llc
Bought by
Geo Properties Llc

Purchase Details

Closed on
Oct 24, 2007
Sold by
Ohnstad Guy
Bought by
Geo Properties Llc
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
Morrill Kellie -- --
Foster Trevor James $305,000 Fidelity National Title
Mccollum Anastasia -- None Available
Mccollum Anastasia -- None Available
Geo Properties Llc -- None Available
Geo Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrill Kellie $500,762
Previous Owner Foster Trevor James $299,475
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2019 09/04/19 Sold $305,000 +3.4% $150 / Sq Ft
07/22/2019 07/22/19 Pending -- -- --
07/15/2019 07/15/19 For Sale $295,000 -- $145 / 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 $4,157 $358,400 $171,700 $186,700
2024 $4,157 $366,700 $157,100 $209,600
2023 $4,157 $347,200 $151,700 $195,500
2022 $3,875 $372,600 $154,600 $218,000
2021 $3,344 $242,000 $102,500 $139,500
2019 $2,611 $213,000 $84,800 $128,200
2018 $2,530 $193,500 $72,400 $121,100
2017 $2,530 $164,400 $45,800 $118,600
2016 $2,454 $138,600 $39,900 $98,700
2014 $2,194 $125,200 $36,600 $88,600
2013 $2,194 $115,000 $33,400 $81,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1486741

Northwest Multiple Listing Service (NWMLS)

APN: 031909-2038