$1,200,000
SOLD JUN 6, 2025
-- Bed
-- Bath
2,654 Sq Ft
3,250 Sq Ft Lot

Recently Sold

$452 Per Sq Ft

Highlights

  • New Construction
  • Thermal Windows
  • Vinyl Plank Flooring
  • No HOA
  • Patio
  • Property is in very good condition

About This Home

As of June 2025

Off Market Sale. New Construction 6 unit gate community with $7850/mth in rental income, as 12 year tax abatement at "land only" and a proven low-maintenance interior and sit design, Income is maximized AND turn-over is simple on these incredibly 1 bdrm/1bth units offering a full sized kitchen w/upgraded stainless appliances, a good sized bedroom w/ a large closet space, a living room, and a full size in unit washer & dryer. Each unit is designed to share only one floor/ceiling assembly for quieter units, to maximize privacy, and to provide the feel of a stand alone home. Each unit has a ductless mini-split heat pump for AC and heat.

Last Agent to Sell the Property

Ryan Meacham

Engel & Voelkers Chambers Bay License #11565 Listed on: 06/06/2025

Engel & Voelkers Chambers Bay

Last Buyer's Agent

Ryan Meacham

Engel & Voelkers Chambers Bay License #11565 Listed on: 06/06/2025

Engel & Voelkers Chambers Bay

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2389816

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $887

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 3,250 Sq Ft Lot
  • Property is Fully Fenced
  • Property is in very good condition

Home Design

  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 2,654 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Vinyl Plank Flooring

Parking

  • 2 Parking Spaces
  • Open Parking

Additional Features

  • Patio
  • Ductless Heating Or Cooling System

Community Details

  • No Home Owners Association
  • Indian Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4715013932

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$887

Year Built

Built in 2024 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 2024
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: Yes
  • CalculatedSquareFootage: 2654
  • EffectiveYearBuiltSource: See Remarks
  • NewConstruction: Completed
  • Special Features: NewHome

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl Plank
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Energy Package,Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Construction Type: Cement Plank
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Multi Family

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Fully Fenced
  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Ductless
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 4715013932
  • Lot Size Acres: 0.0746
  • Lot Size Sq Ft: 3250
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,Patio
  • MLSLotSizeSource: Pierce County
  • ZoningJurisdiction: City

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Multi Family

  • EnergySource: Electric
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2025
Closed on
Jun 2, 2025
Sold by
Meacham Development Llc
Bought by
Puyallup Tribe Of Indians
Seller's Agent
Ryan Meacham
Engel & Voelkers Chambers Bay
Buyer's Agent
Ryan Meacham
Engel & Voelkers Chambers Bay
List Price
$1,200,000
Sold Price
$1,200,000
Views
2
Current Estimated Value
$913,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$286,323
Avg. Annual Appreciation
-50.29%
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 $1,200,000 Stewart Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2025 06/06/25 Sold $1,200,000 0.0% $452 / Sq Ft
06/06/2025 06/06/25 For Sale $1,200,000 -- $452 / 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 $887 $739,700 $149,000 $590,700
2024 $887 $113,000 $113,000 --
2023 $887 $78,900 $78,900 --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2389816

Northwest Multiple Listing Service (NWMLS)

APN: 471501-3932