NOT LISTED FOR SALE

212 142nd St E Unit 214 Tacoma, WA 98445

Estimated Value: $544,000 - $678,000

4 Beds
4 Baths
2,244 Sq Ft
$270/Sq Ft Est. Value

Last Sold August 02, 2017

Last sale price $379,500 $169 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,933/month

64 Days on Market

Highlights

  • 0.52 Acre Lot
  • Property is in very good condition
  • 1-Story Property
  • Ceramic Tile Flooring

About This Home

As of August 2017

NEW PRICE!SAME CASHFLOW! 6.0% CAP based on actual costs.! Renovated in 2015, this 2plex boasts TWO large 2bdrm /1.75 bath 1122 sq. ft. units with garages. New roof, paint inside & out, flooring, plumbing & elect fixtures, kitchens w/ granite & Stainless Steel, water heaters, & more! Spacious units w/ fireplace, laundry rooms with washer & dryer. Fully leased at market rents plus tenants pay most of water sewer, adding to your bottom line. 0 vacancy! Do not disturb tenants

Last Agent to Sell the Property

Kurt Kreager

Real Broker LLC License #21032790 Listed on: 04/25/2017

Real Broker LLC

Last Buyer's Agent

Ramon Gutierrez

John L. Scott, Inc License #5344

John L. Scott, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1112144

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,970

Year Built

  • Built in 1985

Lot Details

  • 0.52 Acre Lot
  • Street terminates at a dead end
  • Property is in very good condition

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,244 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Community Details

  • Spanaway Subdivision

Listing and Financial Details

  • Assessor Parcel Number 983500-024-5

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,970

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1985
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2244
  • SOCComments: equal split
  • Special Features: VirtualTour
  • Cumulative Days on Market: 335

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Slab
  • Property Condition: Very Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 1533

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 983500-024-5
  • Lot Size Acres: 0.5165
  • Lot Size Sq Ft: 22500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 2710

Multi Family

  • Gross Scheduled Income: 32520
  • Net Operating Income: 23103
  • Number Of Units Total: 2
  • Insurance Expense: 2772
  • Leasable Area: 2244
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2016
  • Tax Annual Amount: 3970

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2021
Sold by
Black Dorothy L and Black Nicholas A
Bought by
Black Dorothy L and Black Nicholas A
Total Days on Market
64
Current Estimated Value
$606,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Outstanding Balance
$254,608
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$340,498

Purchase Details

Listed on
Apr 25, 2017
Closed on
Aug 1, 2017
Sold by
Schnarel Charles
Bought by
Moore Dorothy L and Payne Nicholas A
Seller's Agent
Kurt Kreager
Real Broker LLC
Buyer's Agent
Ramon Gutierrez
John L. Scott, Inc
List Price
$409,888
Sold Price
$379,500
Premium/Discount to List
-$30,388
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.91%
Original Mortgage
$284,625
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2015
Sold by
Schnarel Kathleen A and Schnarel Charles
Bought by
Schnarel Charles B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,700
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2015
Sold by
Sanders Steven D
Bought by
Schnarel Charles and Eastside Funding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,700
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2015
Sold by
Eastside Funding Llc
Bought by
Schnarel Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,964
Interest Rate
3.89%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 6, 2007
Sold by
Brierley Thomas M
Bought by
Sanders Steven D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,751
Interest Rate
6.41%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 2, 1998
Sold by
Kuzmanich Glenn A and Kuzmanich Claudia J
Bought by
Brierley Thomas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,632
Interest Rate
7.17%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Black Dorothy L -- Wfg Natl Ttl Co Of Wa Llc
Moore Dorothy L $379,219 Fatco
Schnarel Charles B -- Fatco
Schnarel Charles $180,001 None Available
Schnarel Charles -- None Available
Sanders Steven D $275,000 None Available
Brierley Thomas M $149,949 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Black Dorothy L $278,000
Closed Moore Dorothy L $284,625
Previous Owner Schnarel Charles $196,700
Previous Owner Schnarel Charles $37,964
Previous Owner Schnarel Charles $147,520
Previous Owner Sanders Steven D $313,188
Previous Owner Sanders Steven D $308,560
Previous Owner Sanders Steven D $270,751
Previous Owner Brierly Tom $191,200
Previous Owner Brierley Thomas M $144,632
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2017 08/02/17 Sold $379,500 -1.4% $169 / Sq Ft
06/29/2017 06/29/17 Pending -- -- --
06/06/2017 06/06/17 Price Changed $384,719 -3.8% $171 / Sq Ft
05/19/2017 05/19/17 Price Changed $399,888 -2.4% $178 / Sq Ft
04/25/2017 04/25/17 For Sale $409,888 -- $183 / 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
2024 $6,342 $622,800 $219,800 $403,000
2023 $6,342 $552,300 $197,100 $355,200
2022 $5,811 $562,100 $197,100 $365,000
2021 $5,468 $415,500 $116,800 $298,700
2019 $4,326 $373,800 $96,800 $277,000
2018 $4,215 $340,100 $88,200 $251,900
2017 $4,065 $248,000 $77,400 $170,600
2016 $3,812 $219,900 $66,700 $153,200
2014 $3,584 $203,100 $61,200 $141,900
2013 $3,584 $187,800 $51,200 $136,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1112144

Northwest Multiple Listing Service (NWMLS)

APN: 983500-0245