Listed by John L. Scott, Inc, Bought with John L. Scott, Inc
NOT LISTED FOR SALE

1307 S Sheridan Ave Unit AB Tacoma, WA 98405

Hilltop Neighborhood

Estimated Value: $480,464 - $498,000

4 Beds
2 Baths
1,496 Sq Ft
$328/Sq Ft Est. Value

Last Sold December 10, 2018

Last sale price $290,000 $194 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $3,068/month

18 Days on Market

Highlights

  • Secluded Lot
  • Ceramic Tile Flooring
  • 1-minute walk to Ferry Park
  • Stadium High School Rated A-
  • Wood Siding

About This Home

As of December 2018

Well maintained duplex in a great location! Each unit features 2 bedrooms, 1 bath, deck/balcony, washer/dryer and on separate water meters. Units are always rented and tenants pay ALL utilities. Both tenants are month to month with the potential for an owner occupied unit. Fresh exterior paint, roof done in 2017 and copper plumbing. Close to parks, schools and all of the amenities Downtown Tacoma has to offer. Easy access to Hwy 16 and I-5. Priced to sale!

Last Agent to Sell the Property

Jon Bye

John L. Scott, Inc License #25593 Listed on: 10/16/2018

John L. Scott, Inc

Co-Listed By

Alec Klasna Woodward

COMPASS License #114896

Last Buyer's Agent

Nelya Calev

John L. Scott, Inc License #97542

John L. Scott, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1375871

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,789

Year Built

  • Built in 1908

Lot Details

  • 7,128 Sq Ft Lot
  • Secluded Lot

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,496 Sq Ft Home
  • 2-Story Property

Flooring

  • Laminate
  • Ceramic Tile
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Community Details

  • Central Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2013270131

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,789

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: 1496
  • Special Features: None
  • Cumulative Days on Market: 346

Interior Features

  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Vinyl
  • Interior Amenities: Ceramic Tile, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Curbs, Paved, Secluded, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: TPU
  • WaterSewerGarbage: 243

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 2013270131
  • Lot Size Acres: 0.1636
  • Lot Size Sq Ft: 7128
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Title

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 19
  • LeasedItems: None
  • TotalMonthlyIncome: 1230

Multi Family

  • Gross Scheduled Income: 14760
  • Net Operating Income: 10849
  • Number Of Units Total: 2
  • Insurance Expense: 879
  • Leasable Area: 1496
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2018
  • Tax Annual Amount: 2789

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2018
Closed on
Nov 30, 2018
Sold by
Stanley David A
Bought by
Barak Erez and Barak Anat
Seller's Agent
Jon Bye
John L. Scott, Inc
Buyer's Agent
Nelya Calev
John L. Scott, Inc
List Price
$289,950
Sold Price
$290,000
Premium/Discount to List
$50
0.02%
Current Estimated Value
$487,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,233
Avg. Annual Appreciation
8.00%
Original Mortgage
$110,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2001
Sold by
Nordi George A and Nordi Lu Ann M
Bought by
Stanley David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2000
Sold by
Yockey James E and Yockey Edna M
Bought by
Nordi George A and Nordi Lu Ann M

Purchase Details

Closed on
Jul 21, 1998
Sold by
Nordi George A and Nordi Lu Ann M
Bought by
Yockey James E and Yockey Edna M
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
Barak Erez $290,000 Cw Title
Stanley David A $90,163 Commonwealth Title Co
Nordi George A $49,544 --
Yockey James E $85,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barak Anat $215,000
Closed Barak Erez $110,000
Previous Owner Stanley David A $50,000
Previous Owner Stanley David A $50,000
Previous Owner Stanley David A $62,000
Previous Owner Yockey James E $46,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2018 12/10/18 Sold $290,000 0.0% $194 / Sq Ft
11/03/2018 11/03/18 Pending -- -- --
10/26/2018 10/26/18 For Sale $289,950 0.0% $194 / Sq Ft
10/19/2018 10/19/18 Pending -- -- --
10/16/2018 10/16/18 For Sale $289,950 -- $194 / 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 $4,527 $427,500 $244,300 $183,200
2024 $4,527 $431,100 $237,200 $193,900
2023 $4,527 $406,500 $224,600 $181,900
2022 $3,941 $420,200 $227,000 $193,200
2021 $3,554 $282,600 $117,500 $165,100
2019 $2,928 $254,100 $93,500 $160,600
2018 $2,789 $225,100 $81,900 $143,200
2017 $2,387 $176,400 $59,400 $117,000
2016 $2,149 $130,100 $41,600 $88,500
2014 $1,954 $123,500 $42,800 $80,700
2013 $1,954 $116,400 $42,800 $73,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1375871

Northwest Multiple Listing Service (NWMLS)

APN: 201327-0131