Listed by KW Mountains to Sound Realty
NOT LISTED FOR SALE

14414 2nd Ave E Tacoma, WA 98445

12 Beds
6 Baths
6,200 Sq Ft
5 Acres

Last Sold December 30, 2015

Last sale price $565,000 $91 Per Sq Ft

163 Days on Market

Highlights

  • 5 Acre Lot
  • Property is in very good condition
  • Wall to Wall Carpet
  • Patio
  • Wood Siding
  • 1-Story Property

About This Home

As of December 2015

Nestled amongst single family homes, this totally remodeled eight-plex (two four-plexes) rests on five shy acres of opportunity. Great site zoned Medium Density and the site could be multi-family, town homes, single family or possibly a mobile home park. This 8-plex is a wise investment to hold for cash flow now while you develop a future plan, complete Engineering, gets permits or start construction. Lots of potential and lower risk than most development projects. All units are rented.

Last Agent to Sell the Property

Brian Manaois

KW Mountains to Sound Realty License #1944 Listed on: 04/21/2015

KW Mountains to Sound Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 775300

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 5 Acre Lot
  • Street terminates at a dead end
  • Property is in very good condition

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 6,200 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 16 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio
  • Outbuilding

Utilities

  • Natural Gas Connected
  • Well
  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • Parkland Cottages Condos
  • Parkland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0319211030

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1966
  • Buyer Agency Compensation: ***3***
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Parkland Cottages
  • New Construction: No
  • CalculatedSquareFootage: 6200
  • EffectiveYearBuiltSource: See Remarks
  • Special Features: None
  • Cumulative Days on Market: 494

Interior Features

  • Possible Use: Multi-Family, Residential, See Remarks
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 16
  • Open Parking: Yes
  • Total Parking Spaces: 16
  • ParkingUncoveredSpaces: 16

Utilities

  • Sewer: Available, Septic Tank
  • Water Source: Individual Well
  • Utilities: Cable Connected, Septic System, Natural Gas Connected, Individual Well
  • PowerCompany: Elmhurst
  • SewerCompany: Private
  • WaterCompany: Well
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Parcel Number: 0319211030
  • Lot Size Acres: 5
  • Lot Size Sq Ft: 217800
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Outbuildings,Patio
  • MLSLotSizeSource: Estimate
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential,See Remarks

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 8
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 6050

Multi Family

  • Gross Scheduled Income: 72000
  • Net Operating Income: 46400
  • Number Of Units Total: 8
  • Leasable Area: 5600
  • UnitsInBuildingTotal: 8
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2015

MLS Schools

  • Elementary School: Buyer To Verify

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2015 12/30/15 Sold $565,000 -5.8% $91 / Sq Ft
10/04/2015 10/04/15 Pending -- -- --
04/23/2015 04/23/15 For Sale $600,000 +93.5% $97 / Sq Ft
12/28/2012 12/28/12 Sold $310,000 -22.3% $50 / Sq Ft
12/12/2012 12/12/12 Pending -- -- --
07/30/2012 07/30/12 For Sale $399,000 -- $64 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 775300

Northwest Multiple Listing Service (NWMLS)