Listed by NWC-KV LLC, Bought with Keller Williams Realty
NOT LISTED FOR SALE

16012 38th Ave E Unit A & B Tacoma, WA 98446

Estimated Value: $508,000 - $698,000

6 Beds
3 Baths
2,165 Sq Ft
$293/Sq Ft Est. Value

Last Sold July 02, 2021

Last sale price $550,000 $254 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,865/month

23 Days on Market

Highlights

  • 0.81 Acre Lot
  • Wall to Wall Carpet
  • 1-Story Property

About This Home

As of July 2021

Great investment property! Fully fenced duplex on almost an acre close to JBLM. Unit A has 3 bedrooms 1.5 bath with sunken living room and unit B was recently updated and has 2 bedrooms, 1.5 bath with den or family room. Both units have a utility room, garage and access to the huge back yard. Owner occupies Unit A which could easily be rented out or buyer could occupy. Unit B has a lease in place through October and would like to stay. Very private with lots of room.

Last Agent to Sell the Property

Briana Hickey

NWC-KV LLC License #113290 Listed on: 05/06/2021

Last Buyer's Agent

Martie Kelley

Keller Williams Realty License #118068

Keller Williams Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1770063

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,703

Year Built

  • Built in 1977

Lot Details

  • 0.81 Acre Lot

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,165 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Utilities

  • Septic Tank
  • Septic System

Community Details

  • Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0319265005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,703

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1977
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2165
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Septic System, Electric

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Franklin Pierce

Lot Info

  • Parcel Number: 0319265005
  • Lot Size Acres: 0.8115
  • Lot Size Sq Ft: 35350
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: assessor
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 1300

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2703

Multi Family

  • Number Of Units Total: 2
  • EnergySource: Electric
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
Jun 28, 2021
Sold by
Frederick Robert and Collins Charles S
Bought by
Morose Leeanna June Mcnutt
Seller's Agent
Briana Hickey
NWC-KV LLC
Buyer's Agent
Martie Kelley
Keller Williams Realty
List Price
$575,000
Sold Price
$550,000
Premium/Discount to List
-$25,000
-4.35%
Current Estimated Value
$633,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,761
Avg. Annual Appreciation
3.33%
Original Mortgage
$412,500
Outstanding Balance
$374,280
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$259,481

Purchase Details

Closed on
Nov 30, 2006
Sold by
Schumacher Norma L
Bought by
Frederick Robert and Collins Charles S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,982
Interest Rate
6.37%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Morose Leeanna June Mcnutt $550,000 Chicago Title Company Of Wa
Frederick Robert $311,800 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morose Leeanna June Mcnutt $412,500
Previous Owner Frederick Robert $306,982
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2021 07/02/21 Sold $550,000 -4.3% $254 / Sq Ft
05/29/2021 05/29/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $575,000 -- $266 / 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 $6,575 $574,700 $256,100 $318,600
2024 $6,575 $619,500 $241,500 $378,000
2023 $6,575 $570,300 $220,000 $350,300
2022 $6,004 $543,000 $222,500 $320,500
2021 $5,407 $385,200 $142,600 $242,600
2019 $3,728 $345,700 $114,100 $231,600
2018 $4,265 $305,600 $105,900 $199,700
2017 $4,081 $273,800 $97,000 $176,800
2016 $3,708 $244,900 $77,400 $167,500
2014 $3,418 $220,800 $68,700 $152,100
2013 $3,418 $202,000 $57,200 $144,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1770063

Northwest Multiple Listing Service (NWMLS)

APN: 031926-5005