NOT LISTED FOR SALE

1402 1404 112th St S Tacoma, WA 98444

Estimated Value: $471,814 - $615,000

4 Beds
2 Baths
1,680 Sq Ft
$325/Sq Ft Est. Value

Last Sold November 21, 2014

Last sale price $191,500 $114 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $3,302/month

28 Days on Market

Highlights

  • Corner Lot
  • High Speed Internet
  • Wood Siding
  • Patio
  • Partially Fenced Property
  • Wall to Wall Carpet

About This Home

As of November 2014

A good buy at $191, 500. This duplex in great location. Just put a sign out by 112th St. and you won't have to spend any dollars on advertising. 100% occupancy. Each 2 bedroom unit has 840sq ft. Fenced back yards with patios for Bar-B-Q's. The garages are between the units for maximum privacy from the unit next door. Rent is $1600 per month, one renting for $750, the other for $850. Tenant pays garbage and electricity, owner pays water. NOT A SHORT SALE OR BANK OWNED.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,907

Year Built

  • Built in 1968

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 120x99.8x119.8x100.31
  • Partially Fenced Property
  • Corner Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,680 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Schools

  • James Sales Elementary School
  • Perry G Keithley Mid Middle School
  • Wash High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Mountain View Addn Condos
  • Parkland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6180000791
  • Tax Block 1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,907

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1968
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Mountain View Addn
  • New Construction: No
  • CalculatedSquareFootage: 1680
  • EffectiveYearBuiltSource: See Remarks
  • 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

Exterior Features

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

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: Elmhurst
  • SewerCompany: Pierce County
  • WaterCompany: Parkland
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Franklin Pierce
  • High School: Wash High
  • Middle Or Junior School: Perry G Keithley Mid

Lot Info

  • Parcel Number: 6180000791
  • Lot Size Acres: 0.287
  • Lot Size: 120x99.8x119.8x100.31
  • Lot Size Sq Ft: 12500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet,Patio
  • MLSLotSizeSource: County
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 1600

Multi Family

  • Gross Scheduled Income: 19200
  • Number Of Units Total: 2
  • Leasable Area: 1680
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2013
  • Tax Annual Amount: 2907

MLS Schools

  • Elementary School: James Sales Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2016
Sold by
Larson Daniel T
Bought by
Larson Stacy E and Tolbert Stacy
Current Estimated Value
$545,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,187
Outstanding Balance
$148,242
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$396,962

Purchase Details

Listed on
Sep 5, 2014
Closed on
Nov 10, 2014
Sold by
Davis Jerry D
Bought by
Tolbert Stacy
List Price
$191,500
Sold Price
$191,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.05%
Original Mortgage
$188,030
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 20, 2002
Sold by
Scott Joseph L
Bought by
Davis Jerry D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,200
Interest Rate
7.04%

Purchase Details

Closed on
Aug 22, 2000
Sold by
Tallungan Susan
Bought by
Scott Joseph L and Scott Soon Yee

Purchase Details

Closed on
Aug 18, 2000
Sold by
Berge Erling
Bought by
Berge Paul H and Berge Ruth
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Larson Stacy E -- F A T C O
Tolbert Stacy $191,219 First American Title
Davis Jerry D $132,750 Chicago Title
Scott Joseph L $121,000 --
Berge Paul H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larson Stacy E $184,187
Closed Tolbert Stacy $188,030
Previous Owner Davis Jerry D $106,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2014 11/21/14 Sold $191,500 0.0% $114 / Sq Ft
10/04/2014 10/04/14 Pending -- -- --
09/05/2014 09/05/14 For Sale $191,500 -- $114 / 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 $5,045 $485,100 $217,800 $267,300
2024 $5,045 $472,100 $196,700 $275,400
2023 $5,045 $432,100 $178,900 $253,200
2022 $4,563 $453,500 $178,900 $274,600
2021 $4,085 $303,200 $103,700 $199,500
2019 $3,229 $258,400 $87,900 $170,500
2018 $3,344 $247,100 $78,800 $168,300
2017 $3,344 $209,300 $66,100 $143,200
2016 -- $198,200 $50,300 $147,900
2014 $2,759 $173,100 $49,400 $123,700
2013 $2,759 $148,700 $43,200 $105,500
Source: Public Records

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 691368

Northwest Multiple Listing Service (NWMLS)

APN: 618000-0791