Listed by Greater Puget Sound Realty LLC, Bought with TD Home Team Inc
NOT LISTED FOR SALE

Estimated Value: $841,010 - $878,000

8 Beds
4 Baths
3,116 Sq Ft
$276/Sq Ft Est. Value

Sale Details

Date Sold: February 2, 2024

Last sale price $810,000 $260 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,213 / mo

73 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • Wood Siding
  • Vinyl Plank Flooring

About This Home

As of February 2024

Incredible 4Plex turnkey investment opportunity to add to an existing portfolio or for a beginning investor to start building wealth. 1 unit left intentionally vacant to allow buyer to owner occupy and possibly take advantage of new lending guidelines. All units are very high demand 2 bed / 1 bath affordable housing with upside on rents. W/S/G paid by owner with bill back utilities paid by tenants. Roof replaced in 2022. All units have been updated within the last 5 years. Don't miss this opportunity to start or enhance your real estate portfolio.

Last Agent to Sell the Property

Brian Billones

Greater Puget Sound Realty LLC License #73831 Listed on: 10/13/2023

Last Buyer's Agent

Trong Dang

TD Home Team Inc License #24333

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2170420

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,140

Year Built

  • Built in 1980

Lot Details

  • 9,665 Sq Ft Lot
  • Street terminates at a dead end
  • Property is in good condition

Parking

  • Open Parking

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,116 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank

Schools

  • Blix Elementary School
  • First Creek Mid Middle School
  • Lincoln High School

Utilities

  • Baseboard Heating

Community Details

  • No Home Owners Association
  • East Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2100500040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,140

Year Built

Built in 1980

Lot Details

9,665 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1980
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3116
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl Plank, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Curbs, Dead End Street, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 8

Utilities

  • Sewer: Available
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: Tacoma Public Utilities
  • SewerCompany: Tacoma Public Utilities
  • WaterCompany: Tacoma Public Utilities
  • CableConnected: Comcast
  • InternetConnected: Comcast

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Tacoma
  • High School: Lincoln High
  • Middle Or Junior School: First Creek Mid

Lot Info

  • Parcel Number: 2100500040
  • Lot Size Acres: 0.2219
  • Lot Size Sq Ft: 9665
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 12.19
  • LeasedItems: None
  • TotalMonthlyIncome: 5807

Tax Info

  • Year: 2023
  • Tax Annual Amount: 7140

Multi Family

  • Number Of Units Total: 4
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Blix Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2023
Closed on
Jan 31, 2024
Sold by
Rgl Properties Llc
Bought by
Lam Ryan
Seller's Agent
Brian Billones
Greater Puget Sound Realty LLC
Buyer's Agent
Trong Dang
TD Home Team Inc
List Price
$850,000
Sold Price
$810,000
Premium/Discount to List
-$40,000
-4.71%
Views
18
Current Estimated Value
$844,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,421
Avg. Annual Appreciation
2.76%
Original Mortgage
$687,000
Outstanding Balance
$674,859
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$184,646

Purchase Details

Closed on
Jul 17, 2017
Sold by
Lin Lawrence and Chen Jessie
Bought by
Rgl Properties Llc

Purchase Details

Closed on
Jan 9, 2017
Sold by
Steele Casey
Bought by
Lin Lawrence and Chen Jessie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,500
Interest Rate
4.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 30, 2015
Sold by
Wright Joyce M
Bought by
Steele Casey

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
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 List to Sale Price per Sq Ft
02/02/2024 02/02/24 Sold $810,000 -1.8% $260 / Sq Ft
12/25/2023 12/25/23 Pending -- -- --
12/18/2023 12/18/23 Price Changed $825,000 -2.9% $265 / Sq Ft
11/24/2023 11/24/23 For Sale $850,000 0.0% $273 / Sq Ft
10/22/2023 10/22/23 Pending -- -- --
10/13/2023 10/13/23 For Sale $850,000 -- $273 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2170420

Northwest Multiple Listing Service (NWMLS)

APN: 210050-0040

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