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

Reverie at Marcato Condominium 1501 Tacoma Ave S Unit 414 Tacoma, WA 98402

Downtown Tacoma Neighborhood

Estimated Value: $425,000 - $450,000

2 Beds
2 Baths
1,110 Sq Ft
392 Sq Ft Lot

Last Sold February 06, 2015

Last sale price $211,000 $190 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $2,778/month

4 Days on Market

Highlights

  • Mountain View
  • 4-minute walk to Convention Center/South 15Th
  • 1 Fireplace
  • Stadium High School Rated A-

About This Home

As of February 2015

The Mercato Building in "New Tacoma" is a luxury building w/ secure access. Lobby entry w/ elevator or stairs up. Amenities include: theater room, well equipped fitness center & courtyard off club house w/ full kitchen. Unit features Mt. Rainier Views, open Floor plan, granite counters, wood cabinets, washer & dryer, fireplace, A/C and city view down Tacoma Ave. Located near UW campus, Theater District, Union Station, shopping, museums & hospital. This condo is in great condition and a must see!

Last Agent to Sell the Property

Jon Bye

John L. Scott, Inc License #25593 Listed on: 01/15/2015

John L. Scott, Inc

Last Buyer's Agent

Diana Morrow

Locality License #26905

Locality

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM729165

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,876

Year Built

  • Built in 2006

Lot Details

  • 392

Parking

  • Common or Shared Parking

Property Views

  • Mountain
  • Territorial

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Stucco
  • Vinyl Construction Material
  • Stone

Interior Spaces

  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 9006930640

Community Details

Overview

  • Tacoma Community

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,876

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Entrance Level: Main
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances That Stay: Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1110

Exterior Features

  • Exterior: Brick, Metal/Vinyl, Stone, Stucco
  • Roof: Flat
  • View: Mountain, Territorial

Garage/Parking

  • Numberof Assigned Spaces: 2
  • Parking Type: Common Garage

Utilities

  • Heating And Cooling: Radiant

Condo/Co-op/Association

  • HOA Fees: 402
  • Community Name: Tacoma
  • Project: The Mercato
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Brenda Jacobs (425) 452-7330
  • Common Property Features: Cable Tv, Elevator, Exercise Room, Fire Sprinklers, Game/Rec Rm, Lobby Entrance
  • Home Owner Dues Included: Earthquake Ins., Garbage, Common Area Maintenance
  • Unit Features: End Unit, Insulated Windows, Master Bath, Walk-In Closet

Schools

  • School District: TAC

Lot Info

  • Parcel Number: 9006930640

Tax Info

  • Tax Amount: 970

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2015
Closed on
Feb 4, 2015
Sold by
Stanton Anderson Mary E
Bought by
Swaw Kathy J and Kolbeck 2004 Trust
Seller's Agent
Jon Bye
John L. Scott, Inc
Buyer's Agent
Diana Morrow
Locality
List Price
$199,950
Sold Price
$211,000
Premium/Discount to List
$11,050
5.53%
Current Estimated Value
$436,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,105
Avg. Annual Appreciation
7.54%

Purchase Details

Closed on
Nov 20, 2009
Sold by
Vision One Llc
Bought by
Stantonanderson Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage
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
Swaw Kathy J $210,719 Old Republic Title Ltd
Stantonanderson Mary E $220,000 Ticor
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stantonanderson Mary E $165,000
Previous Owner Vision One Llc $6,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2015 02/06/15 Sold $211,000 +5.5% $190 / Sq Ft
01/27/2015 01/27/15 Pending -- -- --
01/22/2015 01/22/15 For Sale $199,950 -- $180 / 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 $4,876 $429,400 $34,500 $394,900
2024 $4,876 $437,900 $37,700 $400,200
2023 $4,876 $437,900 $37,700 $400,200
2022 $4,368 $437,900 $37,700 $400,200
2021 $4,559 $362,700 $34,300 $328,400
2019 $3,464 $373,900 $34,300 $339,600
2018 $3,827 $266,400 $28,400 $238,000
2017 $3,252 $242,200 $28,400 $213,800
2016 $499 $186,900 $28,400 $158,500
2014 $1,162 $203,100 $28,400 $174,700
2013 $1,162 $202,800 $56,100 $146,700
Source: Public Records

Agents Affiliated with this Home

  • Jon Bye

    Seller's Agent in 2015

    Jon Bye

    John L Scott

    (206) 400-7586

    1 in this area

    438 Total Sales

    Jon Bye
    Section Image
  • Diana Morrow

    Buyer's Agent in 2015

    Diana Morrow

    Locality

    (253) 227-0202

    77 Total Sales

    Diana Morrow
    Section Image
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About Reverie at Marcato Condominium

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM729165

Northwest Multiple Listing Service (NWMLS)

APN: 900693-0640

Washington Pierce County Tacoma 98402 Downtown Tacoma

1501 Tacoma Ave S Unit 414, Tacoma, WA

This home is located at 1501 Tacoma Ave S Unit 414, Tacoma, WA 98402 since 15 January 2015 and is currently estimated at $436,105, approximately $392 per square foot. This property was built in 2006. 1501 Tacoma Ave S Unit 414 is a home located in Pierce County with nearby schools including McCarver Elementary School, Hilltop Heritage Middle School, and Stadium High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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