Listed by Lynnmac Commercial LLC, Bought with Better Properties N. Proctor
NOT LISTED FOR SALE

Estimated Value: $505,000 - $616,000

5 Beds
3 Baths
3,248 Sq Ft
$174/Sq Ft Est. Value

Last Sold June 15, 2012

Last sale price $125,000 $38 Per Sq Ft

Est. 350% increase in value since last sale

Current estimated payment $3,541/month

19 Days on Market

Highlights

  • Wood Flooring
  • Thermal Windows
  • Wood Siding
  • Stadium High School Rated A-
  • Partially Fenced Property
  • 4-minute walk to Ferry Park

About This Home

As of June 2012

Amazing deal in New Tacoma! Great cash flow on this unique triplex. Current gross rents are $2,015 per month! Duplex and home on one lot. Front home boasts two charming units, 1 bedroom, 1 bath unit & a 2 bedroom 1 bath unit in two story duplex. Newer wiring, paint & charming period details. Back home is lovely with covered front porch, 3 bds, 1 bth & basement w/ 1 car gar & work space. Closings subject to leases. Please do no disturb tenants. Showings only through list agent. Short Sale.

Last Agent to Sell the Property

Annette Grupido

Lynnmac Commercial LLC License #26260 Listed on: 01/02/2012

Last Buyer's Agent

Rita Edling

Better Properties N. Proctor License #43173

Better Properties N. Proctor

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 306747

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,993

Year Built

  • Built in 1905

Lot Details

  • 6,500 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Triplex
  • Pillar, Post or Pier Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 3,248 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • 1 Covered Space
  • Open Parking

Utilities

  • Natural Gas Connected

Community Details

  • New Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2016260060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,993

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1905
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 3248
  • SOCComments: Subject to Bank approval
  • Special Features: 12
  • Cumulative Days on Market: 372

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl, Wood
  • Foundation Details: Post & Pillar, Poured Concrete
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric, Natural Gas Connected
  • WaterSewerGarbage: 1730

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 2016260060
  • Lot Size Acres: 0.1492
  • Lot Size Sq Ft: 6500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 6
  • LeasedItems: None
  • TotalMonthlyIncome: 2015

Multi Family

  • Gross Scheduled Income: 24180
  • Net Operating Income: 18863
  • Number Of Units Total: 3
  • Insurance Expense: 594
  • Leasable Area: 3248
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2011
  • Tax Annual Amount: 2993

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2023
Sold by
Hawkins Alberta
Bought by
Hawkens Anne
Current Estimated Value
$562,386

Purchase Details

Closed on
Jun 24, 2015
Sold by
Hawkins Anne K and Hawkins Alberta
Bought by
Hawkins Anne K and Hawkins Alberta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 2, 2012
Closed on
Jun 13, 2012
Sold by
Morgan Rachel A
Bought by
Hawkins Anne K
Seller's Agent
Annette Grupido
Lynnmac Commercial LLC
Buyer's Agent
Rita Edling
Better Properties N. Proctor
List Price
$135,000
Sold Price
$125,000
Premium/Discount to List
-$10,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2006
Sold by
Martin Luther King Hsng Development Assn
Bought by
Morgan Rachel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,500
Interest Rate
3.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 4, 1998
Sold by
Wilford Sterling
Bought by
Martin Luther King Housing Development A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,263
Interest Rate
6.86%
Mortgage Type
Construction
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
Hawkens Anne -- None Listed On Document
Hawkins Anne K -- Cw Title
Hawkins Anne K $125,000 First American Title Ins Co
Morgan Rachel A $265,000 Lawyers Title Agency Of Sout
Martin Luther King Housing Development A $96,562 Rainier Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hawkins Anne K $136,500
Previous Owner Hawkins Anne K $93,750
Previous Owner Morgan Rachel A $238,500
Previous Owner Martin Luther King Housing Development A $61,263
Closed Martin Luther King Housing Development A $60,508
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2012 06/15/12 Sold $125,000 -7.4% $38 / Sq Ft
01/23/2012 01/23/12 Pending -- -- --
01/03/2012 01/03/12 For Sale $135,000 -- $42 / 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 $5,720 $540,400 $239,800 $300,600
2024 $5,720 $545,300 $232,700 $312,600
2023 $5,720 $513,900 $220,400 $293,500
2022 $5,339 $547,900 $222,000 $325,900
2021 $4,942 $393,300 $114,900 $278,400
2019 $4,180 $366,000 $91,400 $274,600
2018 $4,005 $321,700 $80,100 $241,600
2017 $3,437 $253,500 $57,800 $195,700
2016 -- $188,700 $40,500 $148,200
2014 $2,770 $176,800 $41,700 $135,100
2013 $2,770 $165,000 $41,700 $123,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 306747

Northwest Multiple Listing Service (NWMLS)

APN: 201626-0060