Listed by Skyline Properties, Inc., Bought with Windermere Abode
NOT LISTED FOR SALE

1118 N 5th St Unit 1120 Tacoma, WA 98403

North Tacoma Neighborhood

Estimated Value: $712,000 - $825,031

5 Beds
3 Baths
3,163 Sq Ft
$241/Sq Ft Est. Value

Last Sold August 30, 2013

Last sale price $276,000 $87 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $4,687/month

7 Days on Market

Highlights

  • Wood Flooring
  • Lowell Elementary School Rated A-
  • High Speed Internet

About This Home

As of August 2013

Beautiful duplex in historic North Slope district. This one of a kind duplex include original hardwood floors, updated kitchen, ceramic tile fireplace, large living & dining rooms, two car garage, newer water heaters, separate elec. meters, new furnace (installed 05/13), new Stainless Steel appliances, some original millwork, both units have gas heat. Tons of distinguishing features throughout with long term tenants currently on mon-to-mon lease. Great schools & more.

Last Agent to Sell the Property

Zenika Gandara

Skyline Properties, Inc. License #26022 Listed on: 07/03/2013

Skyline Properties, Inc.

Last Buyer's Agent

Erin Farquhar

Windermere Abode License #91680

Windermere Abode

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 511275

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,335

Year Built

  • Built in 1908

Lot Details

  • 3,250 Sq Ft Lot
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Bitumen Roof
  • Wood Composite

Interior Spaces

  • 3,163 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces

Schools

  • Lowell Elementary School
  • Jasonlee Middle School
  • Stadium High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • North Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 800158282

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,335

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1908
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3163
  • Special Features: None
  • Cumulative Days on Market: 393

Interior Features

  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Forced Air, Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement

Exterior Features

  • Roof: Composition, Torch Down
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: No
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, See Remarks
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Tacoma
  • High School: Stadium
  • Middle Or Junior School: JasonLee

Lot Info

  • Parcel Number: 800158282
  • Lot Size Acres: 0.0746
  • Lot Size Sq Ft: 3250
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet

Green Features

  • Power Production Type: See Remarks

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 1825

Tax Info

  • Year: 2012
  • Tax Annual Amount: 4335

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 888
  • Leasable Area: 3163
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

MLS Schools

  • Elementary School: Lowell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2013
Closed on
Aug 27, 2013
Sold by
Gandara Javier
Bought by
Newberg Scott J and Newberg Christine M
Seller's Agent
Zenika Gandara
Skyline Properties, Inc.
Buyer's Agent
Erin Farquhar
Windermere Abode
List Price
$289,950
Sold Price
$276,000
Premium/Discount to List
-$13,950
-4.81%
Current Estimated Value
$740,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$464,604
Avg. Annual Appreciation
8.70%
Original Mortgage
$207,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2013
Sold by
Bliss Matthew D and Bliss Heather Z
Bought by
The Bank Of New York Mellon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,346
Interest Rate
3.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 15, 2013
Sold by
Eastside Funding Llc
Bought by
Gandara Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,346
Interest Rate
3.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 19, 2006
Sold by
Walgren Real Estate Investments Llc
Bought by
Bliss Matthew D and Bliss Heather Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,180
Interest Rate
6.43%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 21, 2003
Sold by
Wahlgren Fred G
Bought by
Wahlgren Real Estate Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,171
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 2003
Sold by
Wahlgren Real Estate Investments Llc
Bought by
Wahlgren Fred G and Wahlgren Roselyne S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,171
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 8, 2003
Sold by
Wahlgren Fred G
Bought by
Wahlgren Real Estate Investments 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
Newberg Scott J $276,000 Rainier Title Llc
The Bank Of New York Mellon -- None Available
The Bank Of New York Mellon -- None Available
Gandara Javier -- None Available
Bliss Matthew D $405,900 Ticor Title Company
Wahlgren Real Estate Investments Llc -- --
Wahlgren Fred G -- Stewart Title
Wahlgren Real Estate Investments Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newberg Scott J $240,000
Closed Newberg Scott J $207,000
Previous Owner Gandara Javier $168,346
Previous Owner Gandara Javier $21,662
Previous Owner Bliss Matthew D $81,180
Previous Owner Bliss Matthew D $324,720
Previous Owner Wahlgren Fred G $48,171
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2013 08/30/13 Sold $276,000 -4.8% $87 / Sq Ft
07/11/2013 07/11/13 Pending -- -- --
07/03/2013 07/03/13 For Sale $289,950 -- $92 / 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 $7,589 $747,900 $313,300 $434,600
2024 $7,589 $738,800 $294,100 $444,700
2023 $7,589 $682,200 $262,200 $420,000
2022 $6,512 $675,000 $293,800 $381,200
2021 $6,453 $513,800 $194,600 $319,200
2019 $5,750 $475,700 $161,600 $314,100
2018 $5,980 $442,800 $143,200 $299,600
2017 $5,248 $378,800 $121,200 $257,600
2016 $5,139 $306,600 $83,600 $223,000
2014 $4,335 $295,800 $78,200 $217,600
2013 $4,335 $271,300 $66,000 $205,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 511275

Northwest Multiple Listing Service (NWMLS)

APN: 203423-0020