Listed by Windermere Real Estate Midtown, Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

Estimated Value: $644,994 - $750,000

6 Beds
3 Baths
2,400 Sq Ft
$287/Sq Ft Est. Value

Last Sold August 24, 2018

Last sale price $375,500 $156 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $4,165/month

4 Days on Market

Highlights

  • Deck
  • Wood Siding
  • 1-Story Property
  • Cul-De-Sac
  • Wall to Wall Carpet

About This Home

As of August 2018

Looking for the perfect way to get in on the simmering Tacoma market! Perfect entry level Triplex investor opportunity. 10K in recent electrical (panel replacement) and crawl space upgrades. Solid construction and one unit completely updated in 2016. Up & coming S Tacoma location with potentially under valued rents. Okay to drive by, please do not disturb tenants. Showings scheduled w/fully executed P&S agreement. Rent rolls and books available upon request.

Last Agent to Sell the Property

Shawna Ader

Windermere Real Estate Midtown License #8066 Listed on: 06/06/2018

Windermere Real Estate Midtown

Last Buyer's Agent

Aaron Nelson

Skyline Properties, Inc. License #127645

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1306859

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,806

Year Built

  • Built in 1985

Lot Details

  • 9,037 Sq Ft Lot
  • Cul-De-Sac
  • Property is in good condition

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,400 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 3 Parking Spaces
  • Open Parking

Additional Features

  • Deck
  • Cable TV Available

Community Details

  • South Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7470073952

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,806

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: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2400
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

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

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: Tacoma Power
  • SewerCompany: City of Tacoma
  • WaterCompany: City of Tacoma

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 7470073952
  • Lot Size Acres: 0.2075
  • Lot Size Sq Ft: 9037
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 2705

Tax Info

  • Year: 2018
  • Tax Annual Amount: 3806

Multi Family

  • Number Of Units Total: 3
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2018
Closed on
Aug 16, 2018
Sold by
Rotberg Caroline S and Rotberg Egan Von
Bought by
Nelson Suzanne E and Nelson Carey J
Seller's Agent
Shawna Ader
Windermere Real Estate Midtown
Buyer's Agent
Aaron Nelson
Skyline Properties, Inc.
List Price
$375,000
Sold Price
$375,500
Premium/Discount to List
$500
0.13%
Current Estimated Value
$689,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,999
Avg. Annual Appreciation
8.56%
Original Mortgage
$235,500
Outstanding Balance
$204,522
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$484,977

Purchase Details

Closed on
May 29, 2013
Sold by
Egan Richard and Egan Caroline S
Bought by
Egan Von Rotberg Caroline S

Purchase Details

Closed on
Jun 23, 2010
Sold by
Vonrotherg Richard Egan and Von Rotberg Caroline S Egan
Bought by
Egan Caroline S

Purchase Details

Closed on
Jan 28, 2005
Sold by
2004 Eastside Inc
Bought by
Egan Richard and Egan Caroline S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
5.67%
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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nelson Suzanne E $375,219 Rainier Title
Egan Von Rotberg Caroline S -- None Available
Egan Caroline S -- None Available
Egan Richard $255,000 Lawyers Title
2004 Eastside Inc $1,009,500 Lawyers Title Agency Of Sout
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Suzanne E $235,500
Previous Owner Egan Richard $191,250
Previous Owner 2004 Eastside Inc $1,045,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2018 08/24/18 Sold $375,500 +0.1% $156 / Sq Ft
06/10/2018 06/10/18 Pending -- -- --
06/06/2018 06/06/18 For Sale $375,000 -- $156 / 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 $6,724 $666,200 $203,700 $462,500
2024 $6,724 $649,800 $192,400 $457,400
2023 $6,724 $604,300 $183,000 $421,300
2022 $5,366 $576,800 $193,500 $383,300
2021 $5,083 $404,500 $115,100 $289,400
2019 $3,941 $350,200 $96,300 $253,900
2018 $3,806 $303,200 $77,400 $225,800
2017 $3,200 $240,900 $65,500 $175,400
2016 $2,869 $179,000 $48,500 $130,500
2014 $1,187 $165,000 $47,800 $117,200
2013 $1,187 $138,600 $41,900 $96,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1306859

Northwest Multiple Listing Service (NWMLS)

APN: 747001-3952