Seller's Agent in 2017
Charles Burnett
Real Broker LLC
(206) 926-3701
1 in this area
62 Total Sales
Listed by Real Broker LLC, Bought with Windermere Real Estate/East
1509 E 38th St Unit 1-4 Tacoma, WA 98404
Eastside NeighborhoodEstimated Value: $863,832 - $871,000
8
Beds
4
Baths
3,116
Sq Ft
$278/Sq Ft
Est. Value
Highlights
- Thermal Windows
- Cul-De-Sac
- Wall to Wall Carpet
About This Home
As of January 2017FOURPLEX: 9+% Cap Rate. Very well maintained; updated units, exterior and systems throughout. This is solid, turn-key investment property producing excellent cash-flow! Units are all 2 bed/1 bath, 750SF, each with their own washer/dryer, and private balcony. Energy efficient double-pane windows throughout; plenty of off-street parking. High-demand rental just minutes from I-5 and access to all amenities.
Last Agent to Sell the Property
Real Broker LLC License #50261 Listed on: 11/18/2016
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1053314
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,455
Year Built
- Built in 1980
Lot Details
- 9,665 Sq Ft Lot
- Cul-De-Sac
- Street terminates at a dead end
- Property is in average condition
Home Design
- Quadruplex
- Poured Concrete
- Composition Roof
- Wood Composite
Interior Spaces
- 3,116 Sq Ft Home
- 2-Story Property
- Thermal Windows
Flooring
- Wall to Wall Carpet
- Vinyl
Parking
- 6 Parking Spaces
- Open Parking
Community Details
- East Tacoma Subdivision
Listing and Financial Details
- Assessor Parcel Number 210050-004-0
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 31, 2024
Sold by
Rgl Properties Llc
Bought by
Lam Ryan
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$687,000
Outstanding Balance
$675,530
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$191,886
Purchase Details
Closed on
Jul 17, 2017
Sold by
Lin Lawrence and Chen Jessie
Bought by
Rgl Properties Llc
Purchase Details
Listed on
Nov 18, 2016
Closed on
Jan 9, 2017
Sold by
Steele Casey
Bought by
Lin Lawrence and Chen Jessie
Seller's Agent
Charles Burnett
Real Broker LLC
Buyer's Agent
Hao Dang
Windermere Real Estate/East
List Price
$370,000
Sold Price
$370,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.28%
Original Mortgage
$277,500
Interest Rate
4.08%
Mortgage Type
Commercial
Purchase Details
Listed on
Sep 14, 2015
Closed on
Sep 30, 2015
Sold by
Wright Joyce M
Bought by
Steele Casey
Seller's Agent
Ron MC
Dove Realty, Inc.
Buyer's Agent
Nicholas Vilvandre'
Keller Williams Downtown Sea
List Price
$309,550
Sold Price
$304,550
Premium/Discount to List
-$5,000
-1.62%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.85%
Purchase Details
Closed on
May 28, 2008
Sold by
Wright Leonard E and Wright Joyce M
Bought by
Leonard & Joyce Wright Family Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,000
Interest Rate
5.81%
Mortgage Type
Commercial
Purchase Details
Closed on
May 1, 2008
Sold by
Tran Huy
Bought by
Wright Leonard E and Wright Joyce M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,000
Interest Rate
5.81%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 3, 2007
Sold by
Tyler Skipper
Bought by
Tran Huy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,150
Interest Rate
6.3%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Apr 27, 2005
Sold by
Marshall Thomas Andrew and Marshall Thomas A
Bought by
Tyler Skipper
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lam Ryan | $810,000 | Fidelity National Title | |
| Rgl Properties Llc | -- | Fidelity National Title | |
| Lin Lawrence | $369,719 | Fidelity National Title | |
| Steele Casey | $304,269 | Puget Sound Title Tacoma | |
| Leonard & Joyce Wright Family Trust | -- | None Available | |
| Wright Leonard E | $319,000 | Puget Sound Title Company | |
| Tran Huy | $319,000 | Lawyers Title Agency Of Sout | |
| Tyler Skipper | $1,200,000 | Lawyers Title Agency Of Sout |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lam Ryan | $687,000 | |
| Previous Owner | Lin Lawrence | $277,500 | |
| Previous Owner | Wright Leonard E | $239,000 | |
| Previous Owner | Tran Huy | $271,150 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/12/2017 01/12/17 | Sold | $370,000 | 0.0% | $119 / Sq Ft |
| 12/02/2016 12/02/16 | Pending | -- | -- | -- |
| 11/18/2016 11/18/16 | For Sale | $370,000 | +21.5% | $119 / Sq Ft |
| 10/15/2015 10/15/15 | Sold | $304,550 | -1.6% | $98 / Sq Ft |
| 09/17/2015 09/17/15 | Pending | -- | -- | -- |
| 09/14/2015 09/14/15 | For Sale | $309,550 | -- | $99 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $7,975 | $774,600 | $192,600 | $582,000 |
| 2024 | $7,975 | $754,600 | $185,300 | $569,300 |
| 2023 | $7,975 | $717,000 | $172,600 | $544,400 |
| 2022 | $6,986 | $694,000 | $184,200 | $509,800 |
| 2021 | $6,416 | $510,900 | $115,100 | $395,800 |
| 2019 | $5,097 | $426,100 | $95,900 | $330,200 |
| 2018 | $5,051 | $392,400 | $76,700 | $315,700 |
| 2017 | $4,167 | $319,900 | $60,100 | $259,800 |
| 2016 | $3,355 | $204,800 | $40,300 | $164,500 |
| 2014 | $2,745 | $193,000 | $39,100 | $153,900 |
| 2013 | $2,745 | $165,900 | $34,300 | $131,600 |
Source: Public Records
Agents Affiliated with this Home
-
Charles Burnett
-
Nicholas Vilvandre'
Seller Co-Listing Agent in 2017
Nicholas Vilvandre'
Keller Williams Downtown Seattle
(206) 612-7883
1 in this area
67 Total Sales
-
Hao Dang
Buyer's Agent in 2017
Hao Dang
Windermere Corporate
(206) 601-1548
783 Total Sales
-
Ron MC
Seller's Agent in 2015
Ron MC
Dove Realty, Inc.
(253) 606-9070
33 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1053314
APN: 210050-0040
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Based on information submitted to the MLS GRID
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