Listed by Skyline Properties, Inc., Bought with Pellego, Inc.
NOT LISTED FOR SALE

208 128th St S Tacoma, WA 98444

Estimated Value: $677,000 - $917,000

8 Beds
4 Baths
2,968 Sq Ft
$264/Sq Ft Est. Value

Last Sold November 08, 2019

Last sale price $540,000 $182 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,846/month

113 Days on Market

Highlights

  • Thermal Windows
  • Partially Fenced Property
  • Wall to Wall Carpet
  • Property is in very good condition
  • Wood Siding

About This Home

As of November 2019

This is a large tri-plex and a separate cottage on enough land to build another tri-plex , storage unit or ? The tri-plex has 1, 2, and 3 bedrooms. The cottage has 2 bedrooms. All have newer roofs, paint, and insulation. Separate building contains coin-op laundry for tri-plex. Cottage has its own washer/dryer. Good rental income...on the rise. All units rented. Near PLU & all amenities. Commercial zoning possible in the near future. Please do not disturb tenants.

Last Agent to Sell the Property

Diane Hitt

Skyline Properties, Inc. License #15820 Listed on: 05/21/2019

Skyline Properties, Inc.

Last Buyer's Agent

Robert Hernon

Pellego, Inc. License #137930

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1461329

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,075

Year Built

  • Built in 1942

Lot Details

  • 0.29 Acre Lot
  • Partially Fenced Property
  • Property is in very good condition

Home Design

  • Quadruplex
  • Block Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,968 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Schools

  • Perry G Keithley Mid Middle School
  • Wash High School

Additional Features

  • Outbuilding
  • Cable TV Available

Community Details

  • Parkland Townsite Condos
  • Parkland Subdivision

Listing and Financial Details

  • Legal Lot and Block 17-21 / 24
  • Assessor Parcel Number 6762001310

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,075

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1942
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Parkland Townsite
  • New Construction: No
  • CalculatedSquareFootage: 2968
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 462

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Post & Block, Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Quadruplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: Parkland Light & Power
  • SewerCompany: Pierce County
  • WaterCompany: Parkland
  • WaterSewerGarbage: 4283

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Parcel Number: 6762001310
  • Lot Size Acres: 0.287
  • Lot Size Sq Ft: 12500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Outbuildings
  • MLSLotSizeSource: County Records
  • ZoningJurisdiction: County
  • ZoningClass: Residential
  • LotNumber: 17-21

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 4080

Multi Family

  • Gross Scheduled Income: 50400
  • Net Operating Income: 37243
  • Number Of Units Total: 4
  • Insurance Expense: 1839
  • Leasable Area: 2968
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2019
  • Tax Annual Amount: 4075

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2019
Closed on
Nov 6, 2019
Sold by
Lbj Investment Properties Llc
Bought by
Woo Jonathan and Woo Joseph J
Seller's Agent
Diane Hitt
Skyline Properties, Inc.
Buyer's Agent
Robert Hernon
Pellego, Inc.
List Price
$599,950
Sold Price
$540,000
Premium/Discount to List
-$59,950
-9.99%
Current Estimated Value
$787,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,843
Avg. Annual Appreciation
6.68%
Original Mortgage
$540,000
Interest Rate
3.6%
Mortgage Type
VA

Purchase Details

Closed on
Mar 31, 2015
Sold by
Barker Larry L and Barker Janice E
Bought by
Lbj Investments Properties Llc

Purchase Details

Listed on
Dec 9, 2012
Closed on
Apr 10, 2013
Sold by
Haviland Fabish Llc
Bought by
Barker Larry L and Barker Janice E
Seller's Agent
Richard Beckman
Richard Beckman Rlty Group LLC
Buyer's Agent
Diane Hitt
Skyline Properties, Inc.
List Price
$250,000
Sold Price
$217,000
Premium/Discount to List
-$33,000
-13.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.03%
Original Mortgage
$184,000
Interest Rate
3.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 2004
Sold by
Henderson Jim
Bought by
Haviland Fabish Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,335
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 2002
Sold by
Kosev Milen G
Bought by
Henderson Jim

Purchase Details

Closed on
Mar 17, 2000
Sold by
Masin Diane
Bought by
Kosev Milen G and Kosev Polly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
10.37%

Purchase Details

Closed on
Nov 3, 1998
Sold by
Mutual Security Financing Inc
Bought by
Masin Diane and Parkland Townsite Land Trust

Purchase Details

Closed on
Oct 30, 1995
Sold by
Gilles Gerald C and Gilles Joan
Bought by
Pate John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.59%

Purchase Details

Closed on
Oct 10, 1995
Sold by
Pacific Coast Investment Company
Bought by
Mutual Security Financing Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.59%

Purchase Details

Closed on
Apr 18, 1995
Sold by
Sierra Ltd
Bought by
Pacific Coast Investment Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,500
Interest Rate
8.77%
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
Woo Jonathan $540,000 Puget Sound Title Puyallup
Lbj Investments Properties Llc -- None Available
Barker Larry L $217,000 Stewart Title
Haviland Fabish Llc $222,500 Lawyers Title Agency Of Sout
Henderson Jim $141,569 --
Kosev Milen G $155,000 Chicago Title Insurance Co
Masin Diane -- --
Pate John R -- --
Mutual Security Financing Inc $110,000 --
Pacific Coast Investment Company $34,745 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woo Jonathan $539,854
Closed Woo Jonathan $540,000
Previous Owner Barker Larry L $198,000
Previous Owner Barker Larry L $184,000
Previous Owner Haviland Fabish Llc $106,335
Previous Owner Kosev Milen G $124,000
Previous Owner Mutual Security Financing Inc $90,000
Previous Owner Pacific Coast Investment Company $25,500
Closed Mutual Security Financing Inc $20,000
Closed Kosev Milen G $23,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2019 11/08/19 Sold $540,000 -2.7% $182 / Sq Ft
09/11/2019 09/11/19 Pending -- -- --
09/09/2019 09/09/19 Price Changed $555,000 -4.3% $187 / Sq Ft
07/15/2019 07/15/19 Price Changed $579,950 -3.3% $195 / Sq Ft
05/21/2019 05/21/19 For Sale $599,950 +176.5% $202 / Sq Ft
05/08/2013 05/08/13 Sold $217,000 -13.2% $73 / Sq Ft
02/24/2013 02/24/13 Pending -- -- --
12/10/2012 12/10/12 For Sale $250,000 -- $84 / 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 $6,635 $615,100 $217,800 $397,300
2024 $6,635 $590,500 $196,700 $393,800
2023 $6,635 $583,500 $178,900 $404,600
2022 $6,330 $611,000 $178,900 $432,100
2021 $5,763 $442,800 $103,700 $339,100
2019 $4,075 $346,100 $87,900 $258,200
2018 $4,656 $320,900 $78,800 $242,100
2017 $4,295 $278,700 $66,100 $212,600
2016 $3,902 $235,700 $50,300 $185,400
2014 $2,804 $209,900 $49,400 $160,500
2013 $2,804 $150,500 $43,200 $107,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1461329

Northwest Multiple Listing Service (NWMLS)

APN: 676200-1310