Listed by PropertiesNW of Gig Harbor Ltd, Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

Estimated Value: $896,000 - $1,010,000

6 Beds
3 Baths
3,365 Sq Ft
$281/Sq Ft Est. Value

Last Sold March 24, 2021

Last sale price $735,000 $218 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $5,625/month

10 Days on Market

Highlights

  • Territorial View
  • Corner Lot
  • Wall to Wall Carpet
  • Stadium High School Rated A-
  • Wood Siding

About This Home

As of March 2021

North End/UPS Triplex is now available. These rarely come up for sale, so you'll not want to miss out. Unit A is 1bed/1bath 900 sqft. Unit B is 3bed/1bath 1200 sqft. Unit C is 2bed/1bath 1000 sqft. Units each have their own outside access for added privacy. Plenty of off-street and on-street parking. Highly desired location & property. All units separately metered. Great location across the street from University of Puget Sound. Easy access to freeways, schools, shopping, restaurants and much more. Don't wait on this one!

Last Agent to Sell the Property

Jeff Krause

PropertiesNW of Gig Harbor Ltd License #109907 Listed on: 01/19/2021

Last Buyer's Agent

Aaron Nelson

Skyline Properties, Inc. License #127645

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1718599

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,111

Year Built

  • Built in 1931

Lot Details

  • 3,750 Sq Ft Lot
  • Corner Lot
  • Property is in good condition

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,365 Sq Ft Home
  • 3-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • 3 Parking Spaces
  • Open Parking

Schools

  • Jefferson Elementary School
  • Mason Middle School
  • Stadium High School

Community Details

  • Ups Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7475023530

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,111

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1931
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3365
  • EffectiveYearBuiltSource: See Remarks
  • SOCComments: Less if LA is SA.
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Forced Air, Laminate Hardwood, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,Storage

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Sewer Connected, Natural Gas Connected
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: TPU
  • WaterSewerGarbage: 3437

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Tacoma
  • High School: Stadium
  • Middle Or Junior School: Mason

Lot Info

  • Parcel Number: 7475023530
  • Lot Size Acres: 0.0861
  • Lot Size Sq Ft: 3750
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 4175

Multi Family

  • Gross Scheduled Income: 50100
  • Net Operating Income: 39673
  • Number Of Units Total: 3
  • Insurance Expense: 1079
  • Leasable Area: 3100
  • EnergySource: Natural Gas
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2019
  • Tax Annual Amount: 5111

MLS Schools

  • Elementary School: Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2021
Closed on
Mar 10, 2021
Sold by
Tacoma Quality Development Llc
Bought by
Grimmett Wei Y and Grimmett Robert E
Seller's Agent
Jeff Krause
PropertiesNW of Gig Harbor Ltd
Buyer's Agent
Aaron Nelson
Skyline Properties, Inc.
List Price
$699,000
Sold Price
$735,000
Premium/Discount to List
$36,000
5.15%
Current Estimated Value
$945,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,154
Avg. Annual Appreciation
5.70%
Original Mortgage
$751,905
Outstanding Balance
$674,372
Interest Rate
2.73%
Mortgage Type
VA
Estimated Equity
$270,782

Purchase Details

Closed on
Jan 18, 2011
Sold by
Aurora Loan Services Llc
Bought by
Tacoma Quality Development Llc

Purchase Details

Closed on
Nov 10, 2010
Sold by
Leach Donald Brock and Leach Donald B
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Jun 22, 2004
Sold by
Sandwith Perry K
Bought by
Leach Donald B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
8.37%
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 Buyer Sale Price Title Company
Grimmett Wei Y $735,000 Ticor Title
Tacoma Quality Development Llc $205,580 Chicago Title Insurance Co
Aurora Loan Services Llc $265,500 None Available
Leach Donald B $320,000 Transnation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grimmett Wei Y $751,905
Previous Owner Leach Donald B $256,000
Closed Leach Donald B $64,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2021 03/24/21 Sold $735,000 +5.2% $218 / Sq Ft
01/29/2021 01/29/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $699,000 0.0% $208 / Sq Ft
01/23/2021 01/23/21 Pending -- -- --
01/19/2021 01/19/21 For Sale $699,000 -- $208 / 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 $7,130 $654,900 $282,700 $372,200
2024 $7,130 $665,300 $282,700 $382,600
2023 $7,130 $640,900 $249,800 $391,100
2022 $6,036 $620,400 $258,600 $361,800
2021 $5,825 $463,700 $155,900 $307,800
2019 $5,110 $431,200 $135,400 $295,800
2018 $5,103 $393,400 $124,000 $269,400
2017 $4,707 $323,200 $101,800 $221,400
2016 $4,322 $267,400 $72,300 $195,100
2014 $3,815 $248,700 $66,200 $182,500
2013 $3,815 $219,000 $57,500 $161,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1718599

Northwest Multiple Listing Service (NWMLS)

APN: 747502-3530