NOT LISTED FOR SALE

Estimated Value: $562,000 - $841,086

7 Beds
3 Baths
4,137 Sq Ft
$166/Sq Ft Est. Value

Last Sold April 10, 2017

Last sale price $393,000 $95 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $4,556/month

152 Days on Market

Highlights

  • RV Access or Parking
  • Deck
  • Cul-De-Sac
  • 0.44 Acre Lot
  • Secluded Lot
  • Partially Fenced Property

About This Home

As of April 2017

Very private duplex, with finished basement, in a great in town location with a large lot and plenty of parking. All units are spacious and recently updated. Close to bus lines, shopping and freeways. The property has two garages which could be rented out for extra income. Tax parcel 6550300060 is included in the sale.

Last Agent to Sell the Property

Ken Fryk

Care Realty License #111097 Listed on: 09/28/2016

Last Buyer's Agent

Alicia Brown

Windermere Prof Partners License #27419

Windermere Prof Partners

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1035613

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,049

Year Built

  • Built in 1930

Lot Details

  • 0.44 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Partially Fenced Property
  • Secluded Lot
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 4,137 Sq Ft Home
  • 2-Story Property

Parking

  • 7 Parking Spaces
  • 2 Covered Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Deck

Utilities

  • Septic Tank
  • Septic System

Community Details

  • Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0320063101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,049

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1930
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4137
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 319

Interior Features

  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Cul-De-Sac, Dead End Street, Secluded
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 7
  • ParkingUncoveredSpaces: 5

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Septic System, Electric
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: TPU
  • WaterSewerGarbage: 1800

Schools

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

Lot Info

  • Parcel Number: 0320063101
  • Lot Size Acres: 0.4436
  • Lot Size Sq Ft: 19325
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially,RV Parking
  • MLSLotSizeSource: taxes
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 2800

Multi Family

  • Gross Scheduled Income: 33600
  • Net Operating Income: 21501
  • Number Of Units Total: 3
  • Insurance Expense: 1250
  • Leasable Area: 4137
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2016
  • Tax Annual Amount: 5049

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2016
Closed on
Mar 22, 2017
Sold by
Gillespie William R
Bought by
Shope Christian and Shope Michael
Seller's Agent
Ken Fryk
Care Realty
Buyer's Agent
Alicia Brown
Windermere Prof Partners
List Price
$374,900
Sold Price
$393,000
Premium/Discount to List
$18,100
4.83%
Total Days on Market
152
Current Estimated Value
$686,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,772
Avg. Annual Appreciation
6.76%
Original Mortgage
$314,400
Outstanding Balance
$265,580
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$404,070
Source: Public Records

Similar Homes in Tacoma, WA

  • 3107 6th Ave, Tacoma, WA 98406

    $700,000

    • 5 Beds
    • 2 Baths
    • 2,722 Sq Ft
    • 3107 6th Ave
    • Tacoma, WA

    What better location than 6th Ave if you are a fan of units with a high walkability score, 89. Biking score 74. Unique zoning offers a lot of different uses... Currently used as short-and medium-term rental units. 4 beds and 1 bath with 2nd dwelling unit on the backside. May have enough room to add more units? Or tear down and go up. Open living on the main floor, with 2 bedrooms could also be

    Christopher Seim eXp Realty

    Section Image
  • 2029 & 2031 S 7th St, Tacoma, WA 98405

    $799,000

    • 8 Beds
    • 4 Baths
    • 3,805 Sq Ft
    • 2029 & 2031 S 7th St
    • Tacoma, WA

    Classic Craftsman Style home (Duplex) w/ old world charm. One block off 6th Ave w/ trendy shops, restaurants & the Ruston Way waterfront minutes away! Large main floor has 4 bedrooms, 2 baths, gourmet kitchen w/ granite countertops, stainless steel fridge/freezer & gas stove/oven. The front porch, along w/ the original architectural details sets this above others. Beautifully updated & in

    Tom Byrne Keller Williams Rty Tacoma

    Section Image
  • 1522 S M St, Tacoma, WA 98405

    $775,000

    • 5 Beds
    • 4 Baths
    • 2,344 Sq Ft
    • 1522 S M St
    • Tacoma, WA

    Tacoma Fourplex with growth potential! This corner lot comes with views of the mountain and century old charm. Nearby hospitals and the in light rail stop, this one is right in the path of appreciation. The detached garage has 3 bays, currently leased to the tenants but a potential source of income. The new zoning code could allow for additional units above the garage or against the alley. This

    Ian Broadie Windermere Abode

    Section Image
  • 1214 S 8th St Units 1&2, Tacoma, WA 98405

    $699,000

    • 8 Beds
    • 4 Baths
    • 2,236 Sq Ft
    • 1214 S 8th St Units 1&2
    • Tacoma, WA

    Historic duplex that has been remodeled recently, with a CURRENT cap rate of 7.50%! Brand new roof, carpet, paint, etc in 2024. Both kitchens remodeled in the last two years. Appliances are all new within the last two years as well! All appliances are included with the sale including both washer/dryers. Sewer line is entirely newer ABS. This duplex is truly in the path of progress. It lies

    Keegan Burmark Adelbern Real Estate LLC

    Section Image
  • 2902 S Monroe St, Tacoma, WA 98409

    $595,000

    • 5 Beds
    • 2 Baths
    • 2,006 Sq Ft
    • 2902 S Monroe St
    • Tacoma, WA

    This charming duplex sits on on a generous lot size of 8,245 sq.ft. and was built in 1978. The duplex is 100% occupied by tenants and has a shared basement for landlord and tenant storage spaced at 1,064 sq.ft. The Duplex contains two units: - Unit 1 is a 2 bedroom, 1 bathroom, estimated at 1,000 sq.ft. This home has one occupant and one vehicle. This two bedroom has a sliding door to a covered

    Christy Lee Real Estate by You, LLC

    Section Image
  • 1208 N 10th St, Tacoma, WA 98403

    $699,950

    • 6 Beds
    • 2 Baths
    • 2,158 Sq Ft
    • 1208 N 10th St
    • Tacoma, WA

    Calling all real estate investors & house hackers! This stylish, renovated & permitted Duplex in the heart of North Tacoma is an absolute must see! Complete replacement of the sewer line, plumbing & electrical wiring has been completed recently as well as a new roof & paint in 2021. Unit A has 2 beds/1 bath & enjoys its own entrance with a lease through July. Unit B has all kinds of charm,

    Ryan Knicely Windermere Abode

    Section Image
  • 1651 S 35th St, Tacoma, WA 98418

    $595,000

    • 6 Beds
    • 4 Baths
    • 2,112 Sq Ft
    • 1651 S 35th St
    • Tacoma, WA

    Well maintained property in a great location on a large corner lot. Property offers carport parking for 3 units along with off-street parking and storage. Tenants have use of 952sqft in the basement for storage and/or projects. Coin-op washer and dryer is located in the utility room. Units have been updated. Cap Rate is 6.2%. Drive-by Only. Do not disturb tenants. Buyer to verify

    Greg Barrett Realty ONE Group Orca Gold

    Section Image
  • 409 S 30th St, Tacoma, WA 98402

    $749,000

    • 5 Beds
    • 3 Baths
    • 3,136 Sq Ft
    • 409 S 30th St
    • Tacoma, WA

    2 Houses on 1 Parcel and giving you 3 RENTAL UNITS. White Home in front has 2 UNITS w/ newer roof; pex plumbing, electrical, hardwood and newer carpeting; and new double pane vinyl windows. UPDATED kitchens w/ stainless appliances. DETACHED home in rear w/ alley access gives the opportunity a well rounded invesment; even multi-generational living. Garage w/ 2 separate stalls and alley

    Michael Morrison Morrison House Sotheby's Intl

    Section Image
  • 4535 S M St, Tacoma, WA 98418

    $625,000

    • 6 Beds
    • 2 Baths
    • 2,138 Sq Ft
    • 4535 S M St
    • Tacoma, WA

    Investors take note, 2 houses for the price of one. Each house has 3 bedrooms and 1 bath. Completely remodeled and upgraded, brand new appliances, new paint, newer kitchens and roofs and fencing. Separate fenced yards. Storage closets for each unit.

    Herb Scheu Better Properties Sterling

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Shope Christian $392,719 F A T C O
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shope Christian $31,000
Open Shope Christian $314,400
Closed Gillespie William $204,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2017 04/10/17 Sold $393,000 +4.8% $95 / Sq Ft
02/28/2017 02/28/17 Pending -- -- --
02/23/2017 02/23/17 For Sale $374,900 0.0% $91 / Sq Ft
12/28/2016 12/28/16 Pending -- -- --
12/20/2016 12/20/16 For Sale $374,900 0.0% $91 / Sq Ft
11/13/2016 11/13/16 Pending -- -- --
10/26/2016 10/26/16 For Sale $374,900 0.0% $91 / Sq Ft
10/18/2016 10/18/16 Pending -- -- --
10/08/2016 10/08/16 For Sale $374,900 0.0% $91 / Sq Ft
10/01/2016 10/01/16 Pending -- -- --
09/28/2016 09/28/16 For Sale $374,900 -- $91 / 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
2024 $8,407 $804,400 $286,000 $518,400
2023 $8,407 $755,900 $266,800 $489,100
2022 $8,437 $854,300 $289,800 $564,500
2021 $8,010 $638,000 $170,600 $467,400
2019 $6,821 $598,900 $136,700 $462,200
2018 $5,872 $525,400 $114,800 $410,600
2017 $5,350 $372,000 $92,500 $279,500
2016 $4,717 $286,700 $70,300 $216,400
2014 $4,172 $271,500 $62,900 $208,600
2013 $4,172 $251,800 $55,500 $196,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1035613

Northwest Multiple Listing Service (NWMLS)

APN: 032006-3101