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

1427 E 52nd St Unit 1429 Tacoma, WA 98404

Eastside Neighborhood

Estimated Value: $481,209 - $520,000

4 Beds
2 Baths
1,648 Sq Ft
$307/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $457,000 $277 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,083/month

4 Days on Market

Highlights

  • High Speed Internet
  • Wall to Wall Carpet
  • 1-Story Property
  • Wood Siding

About This Home

As of April 2021

Great investment opportunity to own a very well maintained and recently updated duplex! Both units have a nice kitchen with an eating area and 2 bedrooms and 1 bath. Both sides also include ALL appliances and have recent flooring/paint/cabinetry updated. You also have a secure and dry storage in the rear yard for any yard tools. Rent both sides out for a great cap rate return or live in one side and rent out the other to drastically reduce your overhead! Either way your in a win/win situation with this one!

Last Agent to Sell the Property

Andrew Kramer

Redfin License #123030 Listed on: 03/11/2021

Redfin

Last Buyer's Agent

Faisal Qureshi

Skyline Properties, Inc. License #74935

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1740937

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,599

Year Built

  • Built in 1983

Lot Details

  • 8,010

Parking

  • 2 Parking Spaces

Home Design

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

Interior Spaces

  • 1,648 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate

Utilities

  • High Speed Internet
  • Cable TV Available

Additional Features

  • Outbuilding
  • 8,010 Sq Ft Lot

Community Details

  • Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2965000471

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,599

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1983
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1648
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

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

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: TPU
  • WaterCompany: TPU
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Tacoma
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 2965000471
  • Lot Size Acres: 0.1839
  • Lot Size Sq Ft: 8010
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet,Outbuildings
  • MLSLotSizeSource: Realist- Buyer to Verify
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 2600

Multi Family

  • Gross Scheduled Income: 31200
  • Net Operating Income: 26755
  • Number Of Units Total: 2
  • Insurance Expense: 849
  • Leasable Area: 1648
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 3599

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2021
Closed on
Mar 30, 2021
Sold by
Hall Michael R
Bought by
Saeed Kashif and Mirza Anumgul
Seller's Agent
Andrew Kramer
Redfin
Buyer's Agent
Faisal Qureshi
Skyline Properties, Inc.
List Price
$409,950
Sold Price
$457,000
Premium/Discount to List
$47,050
11.48%
Current Estimated Value
$506,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,302
Avg. Annual Appreciation
2.31%
Original Mortgage
$320,250
Outstanding Balance
$289,147
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$217,155
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
Saeed Kashif $457,000 Title Forward
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saeed Kashif $320,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2021 04/16/21 Sold $457,000 +11.5% $277 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
03/11/2021 03/11/21 For Sale $409,950 -- $249 / 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 $4,661 $454,300 $185,300 $269,000
2024 $4,661 $447,500 $178,300 $269,200
2023 $4,661 $418,600 $166,100 $252,500
2022 $3,826 $416,300 $167,100 $249,200
2021 $3,598 $286,100 $104,400 $181,700
2019 $2,666 $247,000 $87,000 $160,000
2018 $2,917 $204,900 $69,600 $135,300
2017 $2,429 $184,500 $57,000 $127,500
2016 $2,293 $139,500 $42,400 $97,100
2014 $1,906 $131,800 $41,100 $90,700
2013 $1,906 $112,800 $36,100 $76,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1740937

Northwest Multiple Listing Service (NWMLS)

APN: 296500-0471