Listed by RE/MAX Northwest, Bought with Blue Emerald Real Estate Co.
$460,000
SOLD NOV 15, 2024
-- Bed
-- Bath
1,456 Sq Ft
6,500 Sq Ft Lot

Recently Sold

$316 Per Sq Ft

Highlights

  • City View
  • Property is near a preserve or public land
  • Baseboard Heating
  • No HOA
  • Vinyl Plank Flooring
  • High Speed Internet

About This Home

As of November 2024

INVESTORS!! Duplex (100% Leased) - An excellent income-producing investment and future build potential; CCX(Mix-Use) Zoning. Consisting of identical 2 Bed/1 Baths layouts with a spacious kitchen, granite countertops, washer/dryer, storage and ample surface parking. Unit B upgrades include; NEW interior paint, carpets(high traffic), wall heaters and SS appliances. Each unit has separate utilities + storage making it easy to manage, ensuring tenants are responsible for their usage. Conveniently located near dwtn Tacoma, EQC and I-5, providing easy access to all the amenities and City attractions.

Last Agent to Sell the Property

Yusef Nadir

RE/MAX Northwest License #125226 Listed on: 11/08/2023

RE/MAX Northwest

Last Buyer's Agent

Mary Petrelli

Blue Emerald Real Estate Co. License #13960

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2176956

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,087

Year Built

  • Built in 1977

Lot Details

  • 6,500 Sq Ft Lot
  • Property is Fully Fenced
  • Value in Land
  • Property is in good condition

Property Views

  • City
  • Territorial

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1,456 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank

Parking

  • 4 Parking Spaces
  • Open Parking

Utilities

  • Baseboard Heating
  • Heating System Mounted To A Wall or Window
  • High Speed Internet

Community Details

  • No Home Owners Association
  • East Tacoma Subdivision
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 471501-487-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,087

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: 1456
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Vinyl Plank, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • View: City, Territorial
  • Lot Features: Adjacent to Public Land, Alley, Curbs, Paved, Sidewalk, Value In Land
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Post & Block, Post & Pillar
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced, PartiallyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: TPU
  • CableConnected: Xfinity/Comcast
  • InternetConnected: Xfinity/Comcast
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 471501-487-0
  • Lot Size Acres: 0.1492
  • Lot Size Sq Ft: 6500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,Fenced-Partially,High Speed Internet
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 13.98
  • LeasedItems: None
  • TotalMonthlyIncome: 2890

Multi Family

  • Gross Scheduled Income: 34680
  • Net Operating Income: 27811
  • Number Of Units Total: 2
  • Insurance Expense: 1048
  • Leasable Area: 1456
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2023
  • Tax Annual Amount: 4087

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2023
Closed on
Nov 2, 2024
Sold by
Jack Iyibo O and Byrd Leslie
Bought by
Puyallup Tribe Of Indians
Seller's Agent
Yusef Nadir
RE/MAX Northwest
Buyer's Agent
Mary Petrelli
Blue Emerald Real Estate Co.
List Price
$460,000
Sold Price
$460,000
Views
138
Current Estimated Value
$476,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,428
Avg. Annual Appreciation
4.12%

Purchase Details

Listed on
Feb 23, 2017
Closed on
May 12, 2017
Sold by
Byrd Elizabeth T and Byrd Leslie
Bought by
Byrd Leslie
Seller's Agent
James Dainard
Heaton Dainard, LLC
Buyer's Agent
Yusef Nadir
RE/MAX Northwest
List Price
$229,950
Sold Price
$250,000
Premium/Discount to List
$20,050
8.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.45%
Original Mortgage
$187,500
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 23, 2017
Closed on
May 11, 2017
Sold by
Infinity Land Management Llc
Bought by
Jack Lyibo O and Byrd Leslie
Seller's Agent
James Dainard
Heaton Dainard, LLC
Buyer's Agent
Yusef Nadir
RE/MAX Northwest
List Price
$229,950
Sold Price
$250,000
Premium/Discount to List
$20,050
8.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2013
Sold by
Heaton Will and Heaton Niveen
Bought by
Infinity Land Management Llc

Purchase Details

Closed on
Nov 23, 2011
Sold by
Parker Levender
Bought by
Heaton William and Heaton Niveen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,470
Interest Rate
4.06%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $460,000 Stewart Title
Interfamily Deed Transfer -- Fidelity National Title
Warranty Deed $249,719 Fidelity National Title
Quit Claim Deed -- Accommodation
Warranty Deed $60,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $187,500 New Conventional
Previous Owner $71,470 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/15/2024 11/15/24 Sold $460,000 0.0% $316 / Sq Ft
04/10/2024 04/10/24 Pending -- -- --
01/30/2024 01/30/24 For Sale $460,000 0.0% $316 / Sq Ft
01/28/2024 01/28/24 For Sale $460,000 0.0% $316 / Sq Ft
01/27/2024 01/27/24 Off Market $460,000 -- --
01/14/2024 01/14/24 Pending -- -- --
01/09/2024 01/09/24 For Sale $460,000 0.0% $316 / Sq Ft
01/03/2024 01/03/24 Pending -- -- --
12/19/2023 12/19/23 Price Changed $460,000 -5.2% $316 / Sq Ft
12/12/2023 12/12/23 For Sale $485,000 0.0% $333 / Sq Ft
12/07/2023 12/07/23 Pending -- -- --
11/27/2023 11/27/23 Price Changed $485,000 -6.7% $333 / Sq Ft
11/08/2023 11/08/23 For Sale $520,000 +108.0% $357 / Sq Ft
05/12/2017 05/12/17 Sold $250,000 +8.7% $172 / Sq Ft View Prior Sale
04/07/2017 04/07/17 Pending -- -- --
03/30/2017 03/30/17 For Sale $229,950 0.0% $158 / Sq Ft
02/27/2017 02/27/17 Pending -- -- --
02/23/2017 02/23/17 For Sale $229,950 -- $158 / 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 $4,075 $416,400 $167,500 $248,900
2024 $4,075 $409,800 $164,000 $245,800
2023 $4,075 $365,800 $158,700 $207,100
2022 $3,929 $393,400 $152,300 $241,100
2021 $3,736 $297,100 $102,700 $194,400
2019 $2,766 $257,500 $87,000 $170,500
2018 $2,725 $212,600 $69,600 $143,000
2017 $2,122 $172,300 $49,500 $122,800
2016 $1,880 $118,800 $40,500 $78,300
2014 $1,577 $108,000 $37,600 $70,400
2013 $1,577 $92,900 $33,400 $59,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2176956

Northwest Multiple Listing Service (NWMLS)

APN: 471501-4870