Listed by Windermere RE West Campus Inc, Bought with Keller Williams Realty PS
NOT LISTED FOR SALE

1611 Wheeler St S Unit 98444 Tacoma, WA 98444

Estimated Value: $512,077 - $630,000

5 Beds
3 Baths
2,108 Sq Ft
$263/Sq Ft Est. Value

Last Sold September 25, 2020

Last sale price $410,000 $194 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,375/month

4 Days on Market

Highlights

  • RV Access or Parking
  • Wood Flooring
  • High Speed Internet
  • Deck
  • Patio
  • Property is Fully Fenced

About This Home

As of September 2020

Rare opportunity to own a move-in ready, multi-family home. Upstairs current rent is $750. Lower level estimates should be $1200-$1400. Downstairs has a heat pump/AC with a HEPA filtration system. Upstairs has a full kitchen, bath and private patio. Units have separate meters, entry and parking! Fully fenced back yard. Truly a one-of-a-kind opportunity as an investment or live in one and rent out the other. Schedule an appointment today!

Last Agent to Sell the Property

Stephen Janho

Windermere RE West Campus Inc License #26463 Listed on: 08/13/2020

Windermere RE West Campus Inc

Co-Listed By

Jordon Smith

Windermere RE South Sound, Inc License #127823

Last Buyer's Agent

Briana Schiavone

Keller Williams Realty PS License #114324

Keller Williams Realty PS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1647374

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,609

Year Built

  • Built in 1954

Lot Details

  • 7,500 Sq Ft Lot
  • Property is Fully Fenced

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,108 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 3 Parking Spaces
  • 1 Covered Space
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Schools

  • Brookdale Elementary School
  • Perry G Keithley Mid Middle School
  • Wash High School

Utilities

  • Heat Pump System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Violet Meadow Condos
  • Parkland Subdivision

Listing and Financial Details

  • Legal Lot and Block 18 / 29
  • Assessor Parcel Number 9265001810

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,609

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1954
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Violet Meadow
  • New Construction: No
  • CalculatedSquareFootage: 2108
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Interior Amenities: Heat Pump, Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking: No
  • Parking Features: RV Parking
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Franklin Pierce
  • High School: Wash High
  • Middle Or Junior School: Perry G Keithley Mid

Lot Info

  • Parcel Number: 9265001810
  • Lot Size Acres: 0.1722
  • Lot Size: .172 ac
  • Lot Size Sq Ft: 7500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,High Speed Internet,Outbuildings,Patio,RV Parking,Shop
  • MLSLotSizeSource: Realist Report
  • ZoningClass: Multi-Family,Residential
  • LotNumber: 18

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 750

Tax Info

  • Year: 2020

Multi Family

  • Number Of Units Total: 6
  • Leasable Area: 814
  • UnitsBelowGrade: false
  • VacancyRate: 0

MLS Schools

  • Elementary School: Brookdale Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2020
Closed on
Sep 21, 2020
Sold by
Hancock Heidi and Berger Marlon
Bought by
Moore Michael and Holt Alyssa
Seller's Agent
Stephen Janho
Windermere RE West Campus Inc
Buyer's Agent
Briana Schiavone
Keller Williams Realty PS
List Price
$375,000
Sold Price
$410,000
Premium/Discount to List
$35,000
9.33%
Current Estimated Value
$554,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,519
Avg. Annual Appreciation
6.11%
Original Mortgage
$402,573
Outstanding Balance
$357,257
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$197,262

Purchase Details

Closed on
Apr 3, 2012
Sold by
Cargill Ronald B and Cargill Dean M
Bought by
Hancock Heidi and Berger Marlon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,762
Interest Rate
3.84%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Moore Michael $410,000 Fidelity National Title
Hancock Heidi $175,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Michael $402,573
Previous Owner Hancock Heidi $178,762
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2020 09/25/20 Sold $410,000 +9.3% $194 / Sq Ft
08/17/2020 08/17/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $375,000 -- $178 / 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 $5,609 $520,500 $195,700 $324,800
2024 $5,609 $502,900 $176,800 $326,100
2023 $5,609 $485,200 $154,700 $330,500
2022 $4,927 $459,000 $154,700 $304,300
2021 $4,455 $334,300 $89,700 $244,600
2019 $3,600 $304,600 $76,000 $228,600
2018 $4,138 $279,700 $68,200 $211,500
2017 $3,746 $245,100 $57,200 $187,900
2016 $3,318 $189,900 $43,500 $146,400
2014 $3,185 $175,900 $42,600 $133,300
2013 $3,185 $160,700 $37,300 $123,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1647374

Northwest Multiple Listing Service (NWMLS)

APN: 926500-1810