Listed by Keller Williams Rty Tacoma, Bought with Theory Real Estate
NOT LISTED FOR SALE

15909 18th Avenue Ct E Unit 15911 Tacoma, WA 98445

Estimated Value: $558,000 - $631,000

4 Beds
3 Baths
2,288 Sq Ft
$258/Sq Ft Est. Value

Last Sold October 10, 2023

Last sale price $430,000 $188 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,514/month

39 Days on Market

Highlights

  • RV Access or Parking
  • No HOA
  • Baseboard Heating
  • 0.6 Acre Lot
  • Patio
  • Property is Fully Fenced

About This Home

As of October 2023

Whether you're an experienced renovator or a first-time investor with a vision, this duplex is the ideal project to make your mark in the real estate world! With a little bit of sweat equity and a whole lot of passion, you can transform this property into the envy of the neighborhood. Each unit includes 2 bedrooms + bonus room with half bath on main and full bath upstairs. Huge lot with fenced back yard! Garage space in each unit and plenty of space for additional parking. Tons of opportunity to improve the property and elevate rents. Take advantage of this opportunity!

Last Agent to Sell the Property

Derek Johnson

Keller Williams Rty Tacoma License #117643 Listed on: 06/29/2023

Keller Williams Rty Tacoma

Co-Listed By

Mark Johnson

Keller Williams Rty Tacoma License #17416

Last Buyer's Agent

Anikah Awan

Theory Real Estate License #21003057

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2133499

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,839

Year Built

  • Built in 1981

Lot Details

  • 0.6 Acre Lot
  • Street terminates at a dead end
  • Property is Fully Fenced

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,288 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

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

Outdoor Features

  • Patio

Utilities

  • Baseboard Heating
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Brookdale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 031922-8-017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,839

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1981
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2288
  • Special Features: None
  • Cumulative Days on Market: 365

Interior Features

  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: PartiallyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: Elmhurst
  • SewerCompany: Septic
  • WaterCompany: Spanaway
  • CableConnected: Xfinity
  • InternetConnected: Xfinity
  • WaterSewerGarbage: 900

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Bethel

Lot Info

  • Parcel Number: 031922-8-017
  • Lot Size Acres: 0.5964
  • Lot Size Sq Ft: 25980
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Patio,RV Parking
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11.5
  • LeasedItems: None
  • TotalMonthlyIncome: 1825

Multi Family

  • Gross Scheduled Income: 43200
  • Net Operating Income: 34541
  • Number Of Units Total: 2
  • Insurance Expense: 1920
  • Leasable Area: 2288
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 5839

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2024
Sold by
Pacific Nw Investment Corporation Llc
Bought by
Pacific Nw Investment 18 Llc
Current Estimated Value
$552,964

Purchase Details

Listed on
Jun 29, 2023
Closed on
Sep 28, 2023
Sold by
Cowen Michael Ray
Bought by
Pnw Renovations10 Llc
Seller's Agent
Derek Johnson
Keller Williams Rty Tacoma
Buyer's Agent
Anikah Awan
Theory Real Estate
List Price
$499,950
Sold Price
$430,000
Premium/Discount to List
-$69,950
-13.99%
Views
110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.95%
Original Mortgage
$472,500
Interest Rate
7.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2004
Sold by
Cowen Jennifer
Bought by
Cowen Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 21, 2003
Sold by
Harrington Michael R
Bought by
Davis Robert and Sumerfelt Deann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
7.65%
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
Pacific Nw Investment 18 Llc -- None Listed On Document
Pnw Renovations10 Llc $430,000 First American Title Insurance
Cowen Mike -- Trans
Cowen Mike $255,000 Trans
Davis Robert $175,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pacific Nw Investment 18 Llc $455,000
Previous Owner Pnw Renovations10 Llc $472,500
Previous Owner Cowen Mike $204,000
Previous Owner Davis Robert $157,500
Closed Davis Robert $8,750
Closed Cowen Mike $25,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2023 10/10/23 Sold $430,000 -14.0% $188 / Sq Ft
08/07/2023 08/07/23 Pending -- -- --
07/25/2023 07/25/23 For Sale $499,950 0.0% $219 / Sq Ft
07/19/2023 07/19/23 Pending -- -- --
07/13/2023 07/13/23 For Sale $499,950 0.0% $219 / Sq Ft
07/01/2023 07/01/23 Pending -- -- --
06/29/2023 06/29/23 For Sale $499,950 -- $219 / 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 $5,834 $535,200 $229,200 $306,000
2024 $5,834 $534,200 $212,800 $321,400
2023 $5,834 $499,000 $205,300 $293,700
2022 $5,550 $507,400 $205,300 $302,100
2021 $5,262 $373,500 $121,700 $251,800
2019 $3,694 $331,900 $100,800 $231,100
2018 $3,714 $302,000 $91,800 $210,200
2017 $3,714 $252,400 $80,600 $171,800
2016 $3,528 $236,700 $69,400 $167,300
2014 $3,121 $208,800 $63,800 $145,000
2013 $3,121 $191,400 $53,300 $138,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2133499

Northwest Multiple Listing Service (NWMLS)

APN: 031922-8017