Listed by Homes & Equity Real Estate Grp, Bought with eXp Realty
NOT LISTED FOR SALE

11802 12th Ave S Tacoma, WA 98444

Estimated Value: $381,000 - $484,000

4 Beds
2 Baths
1,404 Sq Ft
$306/Sq Ft Est. Value

Last Sold February 16, 2021

Last sale price $305,000 $217 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,656/month

19 Days on Market

Highlights

  • Wood Flooring
  • Wood Siding
  • 1-Story Property
  • Corner Lot

About This Home

As of February 2021

FIXER! Great opportunity to rehab this legal duplex on a large corner lot. Inside is fully gutted out. Each unit 702 SF 2 bed 1 bath w/ hardwood floors. Building caught fire on SW corner. Some updates prior to fire: Electrical svc updated to 200 Amps, plumbing, roof, new windows & siding. May be possible to expand building towards the back to make larger units or add another bedroom. Located walking-distance to the Pacific Lutheran University (Private), making it easy to rent year-round. Close proximity to the military base and freeway access. Financials are proforma. Sold As-Is with fire/smoke damage. Seller to do no work orders. Buyer to verify everything. Inventory is low and the Tacoma market is hot so grab this one before it is gone!

Last Agent to Sell the Property

Jaspinder Athwal

Homes & Equity Real Estate Grp License #109660 Listed on: 01/15/2021

Last Buyer's Agent

Jennifer Demchuk

eXp Realty License #141053

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1717052

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,561

Year Built

  • Built in 1949

Lot Details

  • 10,000 Sq Ft Lot
  • Corner Lot

Home Design

  • Duplex
  • Fixer Upper
  • Block Foundation
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 1,404 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Parking

  • 5 Parking Spaces
  • Open Parking

Community Details

  • Parkland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3100000700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,561

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1949
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1404
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked, Wood, Wood Products
  • Foundation Details: Block
  • Property Condition: Fixer
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Parkland Light & Water
  • SewerCompany: Pierce County
  • WaterCompany: Parkland Light & Water
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Parcel Number: 3100000700
  • Lot Size Acres: 0.2296
  • Lot Size Sq Ft: 10000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2600

Tax Info

  • Year: 2020

Multi Family

  • Number Of Units Total: 2
  • Leasable Area: 1402
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2021
Closed on
Feb 14, 2021
Sold by
Demchuk Jennifer
Bought by
Demchuk Eduard
Seller's Agent
Jaspinder Athwal
Homes & Equity Real Estate Grp
Buyer's Agent
Jennifer Demchuk
eXp Realty
List Price
$325,000
Sold Price
$305,000
Premium/Discount to List
-$20,000
-6.15%
Current Estimated Value
$429,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,266
Avg. Annual Appreciation
7.63%
Original Mortgage
$264,435
Outstanding Balance
$236,097
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$193,169

Purchase Details

Listed on
Jan 15, 2021
Closed on
Feb 10, 2021
Sold by
Athwal Jaspinder
Bought by
Demchuk Eduard
Seller's Agent
Jaspinder Athwal
Homes & Equity Real Estate Grp
Buyer's Agent
Jennifer Demchuk
eXp Realty
List Price
$325,000
Sold Price
$305,000
Premium/Discount to List
-$20,000
-6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,435
Outstanding Balance
$236,097
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$193,169

Purchase Details

Listed on
Dec 28, 2016
Closed on
Jan 27, 2017
Sold by
Singh Krystal
Bought by
Athwal Jaspinder
List Price
$132,000
Sold Price
$152,000
Premium/Discount to List
$20,000
15.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.76%

Purchase Details

Closed on
Nov 21, 2016
Sold by
Abramoff Jeffrey S
Bought by
Us Bank National Association

Purchase Details

Closed on
Mar 26, 2007
Sold by
Southampton Properties Llc
Bought by
Abramoff Jeffrey S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,300
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 1998
Sold by
Clavette Marc J
Bought by
Source One Mtg Services Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,050
Interest Rate
6.99%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 27, 1994
Sold by
Ashley Charles L
Bought by
Dobroslavic Melko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
7.79%
Mortgage Type
Seller Take Back
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
Demchuk Eduard -- Chicago Title
Demchuk Eduard $305,000 Chicago Title
Athwal Jaspinder -- None Available
Athwal Jaspinder $159,319 None Available
Us Bank National Association $229,548 None Available
Abramoff Jeffrey S $214,200 Lawyers Title
Southampton Properties Llc -- Lawyers Title
Source One Mtg Services Corp $91,191 --
Dobroslavic Melko -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Demchuk Eduard $264,435
Previous Owner Abramoff Jeffrey S $171,300
Previous Owner Source One Mtg Services Corp $109,050
Previous Owner Dobroslavic Melko $84,000
Closed Athwal Jaspinder $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/16/2021 02/16/21 Sold $305,000 -6.2% $217 / Sq Ft
02/03/2021 02/03/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $325,000 +113.8% $231 / Sq Ft
01/31/2017 01/31/17 Sold $152,000 +15.2% $108 / Sq Ft View Prior Sale
01/23/2017 01/23/17 Pending -- -- --
12/31/2016 12/31/16 For Sale $132,000 -- $94 / 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 $4,561 $444,200 $207,900 $236,300
2024 $4,561 $423,100 $187,700 $235,400
2023 $4,561 $389,700 $167,900 $221,800
2022 $4,129 $408,700 $167,900 $240,800
2021 $2,242 $152,600 $97,300 $55,300
2019 $2,003 $148,100 $82,500 $65,600
2018 $2,192 $140,900 $74,000 $66,900
2017 $2,021 $118,600 $62,000 $56,600
2016 $2,244 $125,100 $47,200 $77,900
2014 $1,909 $113,100 $46,300 $66,800
2013 $1,909 $97,100 $40,500 $56,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1717052

Northwest Multiple Listing Service (NWMLS)

APN: 310000-0700