Listed by COMPASS, Bought with Keller Williams Rlty Bellevue
NOT LISTED FOR SALE

Estimated Value: $653,000 - $732,005

6 Beds
3 Baths
2,400 Sq Ft
$293/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $515,000 $215 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,380/month

3 Days on Market

Highlights

  • Deck
  • Cul-De-Sac
  • Dog Run
  • Territorial View
  • Patio
  • Property is Fully Fenced

About This Home

As of August 2020

Solid investment awaits! Opportunity to own a well maintained triplex near popular Lincoln district, all units have tenants renting below market, could potentially rent for $1,200-1,300 per unit! Property sits in a cul-de-sac near Tacoma schools, freeway for quick commutes & close to downtown Tacoma. Two units offer vaulted ceilings w/ skylights, all units are clean, contain all appliances & wood burning fireplaces. Sprawling back yard is fully fenced for pet friendly tenants.

Last Agent to Sell the Property

Jaron Witsoe

COMPASS License #124950 Listed on: 06/29/2020

COMPASS

Last Buyer's Agent

Justin Richards

Keller Williams Rlty Bellevue License #24027569

Keller Williams Rlty Bellevue

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1619219

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,662

Year Built

  • Built in 1985

Lot Details

  • 8,725 Sq Ft Lot
  • Cul-De-Sac
  • Dog Run
  • Property is Fully Fenced
  • Property is in good condition

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Lyon Elementary School
  • Stewart Middle School
  • Lincoln High School

Utilities

  • Cable TV Available

Community Details

  • Tacoma Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 9269700090

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,662

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1985
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2400
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 367

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Cul-De-Sac, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric, Wood
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: TPU
  • WaterSewerGarbage: 5095

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Tacoma
  • High School: Lincoln High
  • Middle Or Junior School: Stewart

Lot Info

  • Parcel Number: 9269700090
  • Lot Size Acres: 0.2003
  • Lot Size Sq Ft: 8725
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Dog Run,Fenced-Fully,Patio
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 9

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 2888

Multi Family

  • Gross Scheduled Income: 33825
  • Net Operating Income: 20811
  • Number Of Units Total: 3
  • Insurance Expense: 1300
  • Leasable Area: 2400
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2020
  • Tax Annual Amount: 4662

MLS Schools

  • Elementary School: Lyon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2020
Closed on
Aug 13, 2020
Sold by
Anderson Erika Dunjic and Anderson Bjorn
Bought by
Anderson Bjorn
Seller's Agent
Jaron Witsoe
COMPASS
Buyer's Agent
Justin Richards
Keller Williams Rlty Bellevue
List Price
$514,950
Sold Price
$515,000
Premium/Discount to List
$50
0.01%
Current Estimated Value
$703,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,251
Avg. Annual Appreciation
6.38%
Original Mortgage
$420,240
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 6, 2017
Closed on
Jan 4, 2018
Sold by
Glassy Sharon A
Bought by
Mills Joshua and Mills Shannon
Seller's Agent
Anne Curry
Better Properties N. Proctor
Buyer's Agent
Jaron Witsoe
COMPASS
List Price
$325,000
Sold Price
$350,000
Premium/Discount to List
$25,000
7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.95%
Original Mortgage
$228,800
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2009
Sold by
Aurora Loan Services Llc
Bought by
Glassy Sharon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,250
Interest Rate
5.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 2008
Sold by
Kingtalik James P and Kingtalik Laurie A
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Mar 2, 2005
Sold by
Kingtalik James P
Bought by
Jltkt Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,080
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 2005
Sold by
2004 Eastside Inc
Bought by
Kingtalik James P and Kingtalik Laurie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,080
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 6, 2004
Sold by
Krause Herbert G and Krause Anneliese E
Bought by
2004 Eastside Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,045,000
Interest Rate
5.77%
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
Anderson Bjorn -- Cw Title Bh
Anderson Bjorn $515,000 Cw Title
Mills Joshua $349,719 Wfg National Title
Glassy Sharon A $219,000 Fidelity National Title
Aurora Loan Services Llc $198,000 Fidelity National Title
Jltkt Llc -- Chicago Title
Kingtalik James P $260,100 Lawyers Title
2004 Eastside Inc $1,009,500 Lawyers Title Agency Of Sout
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Bjorn $420,000
Closed Anderson Bjorn $420,240
Previous Owner Mills Joshua $228,800
Previous Owner Glassy Sharon A $164,250
Previous Owner Kingtalik James P $208,080
Previous Owner 2004 Eastside Inc $1,045,000
Closed Kingtalik James P $52,020
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $515,000 0.0% $215 / Sq Ft
07/02/2020 07/02/20 Pending -- -- --
06/29/2020 06/29/20 For Sale $514,950 +47.1% $215 / Sq Ft
01/05/2018 01/05/18 Sold $350,000 +7.7% $146 / Sq Ft
11/29/2017 11/29/17 Pending -- -- --
11/22/2017 11/22/17 For Sale $325,000 0.0% $135 / Sq Ft
10/27/2017 10/27/17 Pending -- -- --
10/20/2017 10/20/17 Price Changed $325,000 0.0% $135 / Sq Ft
10/20/2017 10/20/17 For Sale $325,000 +8.4% $135 / Sq Ft
10/11/2017 10/11/17 Pending -- -- --
10/06/2017 10/06/17 For Sale $299,900 -- $125 / 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 $6,667 $658,700 $202,300 $456,400
2024 $6,667 $642,300 $191,000 $451,300
2023 $6,667 $599,200 $181,700 $417,500
2022 $5,315 $571,400 $191,800 $379,600
2021 $4,992 $397,300 $114,100 $283,200
2019 $3,868 $343,800 $95,400 $248,400
2018 $3,540 $297,600 $76,700 $220,900
2017 $2,980 $224,000 $64,900 $159,100
2016 $2,672 $166,400 $48,000 $118,400
2014 $2,211 $153,600 $47,300 $106,300
2013 $2,211 $129,200 $41,500 $87,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1619219

Northwest Multiple Listing Service (NWMLS)

APN: 926970-0090