Listed by RE/MAX Extra Inc., Bought with Operation Red Dot
NOT LISTED FOR SALE

121 123 116th St S Tacoma, WA 98444

Estimated Value: $675,000 - $812,000

6 Beds
4 Baths
3,004 Sq Ft
$250/Sq Ft Est. Value

Last Sold December 20, 2021

Last sale price $645,000 $215 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,587/month

11 Days on Market

About This Home

As of December 2021

Come check out this two story duplex. Each unit offers over 1,500 sq feet of living. Kitchen opens up to living area. Sliding door takes you to your deck and low maintenance yard. 3 bedrooms located on upper level, 2.5 bath with 2 car garage and additional parking. Just minutes from freeways, restaurants, PLU, and JBLM. Don't miss out on this great opportunity.

Last Agent to Sell the Property

Steve Dawson

RE/MAX Extra Inc. License #52158 Listed on: 11/10/2021

RE/MAX Extra Inc.

Co-Listed By

Michelle Dawson

RE/MAX Extra Inc. License #84060

Last Buyer's Agent

James Marszalek

Operation Red Dot License #27184

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1863386

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,870

Year Built

  • Built in 2005

Lot Details

  • 0.34

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 3,004 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • 9 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Additional Features

  • Deck
  • 0.34 Acre Lot

Community Details

  • Parkland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0319096017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,870

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2005
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3004
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Franklin Pierce

Lot Info

  • Parcel Number: 0319096017
  • Lot Size Acres: 0.34
  • Lot Size Sq Ft: 14810
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck
  • MLSLotSizeSource: Pierce County

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2700

Tax Info

  • Year: 2021
  • Tax Annual Amount: 5870

Multi Family

  • Number Of Units Total: 2
  • Leasable Area: 3004
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2021
Closed on
Dec 16, 2021
Sold by
Hay Jodi C
Bought by
Albenesius Robert Craig and Albenesius Maija
Seller's Agent
Steve Dawson
RE/MAX Extra Inc.
Buyer's Agent
James Marszalek
Operation Red Dot
List Price
$629,300
Sold Price
$645,000
Premium/Discount to List
$15,700
2.49%
Current Estimated Value
$752,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,161
Avg. Annual Appreciation
4.11%
Original Mortgage
$668,220
Outstanding Balance
$614,422
Interest Rate
3.09%
Mortgage Type
VA
Estimated Equity
$137,739

Purchase Details

Closed on
Apr 27, 2015
Sold by
116Th E Llc
Bought by
Hay Jodi C

Purchase Details

Closed on
Jun 1, 2012
Sold by
Loete Steve
Bought by
Hay Jodi and Loete Jodi

Purchase Details

Closed on
Nov 2, 2005
Sold by
Loete Steven D
Bought by
The 116Th St E Llc

Purchase Details

Closed on
Dec 30, 2004
Sold by
116Th St E Llc
Bought by
Loete Steve and Loete Jodi

Purchase Details

Closed on
Dec 29, 2004
Sold by
116Th Street E Llc
Bought by
Loete Steven D and Loete Jodi C

Purchase Details

Closed on
Apr 28, 2003
Sold by
Loete Steve and Loete Jodi
Bought by
116Th St E 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
Albenesius Robert Craig $645,000 Rainier Title
Hay Jodi C -- None Available
Hay Jodi -- None Available
The 116Th St E Llc -- --
Loete Steve -- --
Loete Steven D -- --
116Th St E Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Albenesius Robert Craig $668,220
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2021 12/20/21 Sold $645,000 +2.5% $215 / Sq Ft
11/21/2021 11/21/21 Pending -- -- --
11/10/2021 11/10/21 For Sale $629,300 -- $209 / 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 $7,188 $636,000 $201,400 $434,600
2024 $7,188 $658,500 $183,700 $474,800
2023 $7,188 $626,800 $177,400 $449,400
2022 $6,810 $692,700 $186,400 $506,300
2021 $5,871 $444,900 $123,500 $321,400
2019 $4,819 $397,100 $102,200 $294,900
2018 $5,629 $379,200 $87,300 $291,900
2017 $4,986 $337,300 $58,600 $278,700
2016 $4,859 $288,600 $51,000 $237,600
2014 $4,286 $262,200 $46,900 $215,300
2013 $4,286 $240,200 $42,700 $197,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1863386

Northwest Multiple Listing Service (NWMLS)

APN: 031909-6017