Listed by Westlake Associates, Inc.
NOT LISTED FOR SALE

Estimated Value: $495,000 - $706,935

3 Beds
3 Baths
1,500 Sq Ft
$395/Sq Ft Est. Value

Last Sold December 23, 2021

Last sale price $610,000 $407 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,698/month

17 Days on Market

Highlights

  • 0.32 Acre Lot
  • Vinyl Plank Flooring
  • Partially Fenced Property
  • No HOA

About This Home

As of December 2021

The Division Lofts is a triplex consisting of two (2) 1 bed, 1 bath townhome style units and one (1) 1 bed, 1 bath unit.

Last Agent to Sell the Property

River Voorhees

Westlake Associates, Inc. License #111863 Listed on: 11/29/2021

Co-Listed By

Louis Voorhees

Westlake Associates, Inc. License #111646

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1868231

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,261

Year Built

  • Built in 1990

Lot Details

  • 0.32 Acre Lot
  • Partially Fenced Property

Home Design

  • Triplex
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank

Parking

  • 3 Parking Spaces
  • Open Parking

Community Details

  • No Home Owners Association
  • Lincoln Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9269700050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,261

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1990
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1500
  • Special Features: None
  • Cumulative Days on Market: 381

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl Plank, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Structure Type: Triplex

Garage/Parking

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

Utilities

  • Sewer: Available
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Electric
  • WaterSewerGarbage: 3600

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 9269700050
  • Lot Size Acres: 0.3151
  • Lot Size Sq Ft: 13725
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially
  • MLSLotSizeSource: Pierce County
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 3150

Multi Family

  • Gross Scheduled Income: 48600
  • Net Operating Income: 34173
  • Number Of Units Total: 3
  • Insurance Expense: 1136
  • Leasable Area: 1500
  • EnergySource: Electric
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2021
  • Tax Annual Amount: 4261

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2021
Closed on
Dec 20, 2021
Sold by
Lra Group Llc
Bought by
Woyvodich Properties Llc
Seller's Agent
River Voorhees
Westlake Associates, Inc.
List Price
$612,500
Sold Price
$610,000
Premium/Discount to List
-$2,500
-0.41%
Current Estimated Value
$591,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,016
Avg. Annual Appreciation
-0.81%

Purchase Details

Closed on
May 27, 2021
Sold by
Glenn Thomas W
Bought by
Lra Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 19, 2013
Sold by
Schultz Bradford and Schultz Carolyn
Bought by
Glenn Thomas W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,250
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2011
Sold by
Malesis Kevin J and Malesis Michelle
Bought by
Schultz Bradford and Schultz Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,900
Interest Rate
4.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2011
Sold by
Kasmm Llc
Bought by
Malesis Kevin J and Malesis Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,900
Interest Rate
4.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2007
Sold by
Malesis Kevin J and Malesis Michelle
Bought by
Kasmm Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,800
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2007
Sold by
Safe Llc
Bought by
Malesis Kevin J and Malesis Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,800
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 2004
Sold by
Ferguson Dennis
Bought by
Safe Llc

Purchase Details

Closed on
Jun 2, 2004
Sold by
Safe Llc
Bought by
Ferguson Dennis and Ferguson Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,400
Interest Rate
6.29%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Woyvodich Properties Llc $610,000 First American Title
Lra Group Llc $299,400 Fidelity National Title
Glenn Thomas W $127,000 Puget Sound Title Tacoma
Schultz Bradford $115,000 Chicago Title Insurance Co
Malesis Kevin J -- None Available
Kasmm Llc -- Chicago Title Insurance Co
Malesis Kevin J $243,500 First American Title Ins Co
Safe Llc -- Security Title Guaranty
Ferguson Dennis -- Security Title Guaranty
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lra Group Llc $225,000
Previous Owner Glenn Thomas W $95,250
Previous Owner Schultz Bradford $102,900
Previous Owner Schultz Bradford $96,600
Previous Owner Malesis Kevin J $194,800
Previous Owner Ferguson Dennis $127,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2021 12/23/21 Sold $610,000 -0.4% $407 / Sq Ft
12/16/2021 12/16/21 Pending -- -- --
11/29/2021 11/29/21 For Sale $612,500 -- $408 / 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 $5,750 $574,500 $221,900 $352,600
2024 $5,750 $552,400 $209,600 $342,800
2023 $5,750 $516,600 $199,300 $317,300
2022 $4,597 $509,900 $214,300 $295,600
2021 $4,262 $339,000 $127,500 $211,500
2019 $3,235 $292,100 $106,600 $185,500
2018 $3,215 $248,800 $85,700 $163,100
2017 $2,704 $203,400 $73,900 $129,500
2016 $2,443 $150,000 $54,700 $95,300
2014 $2,033 $140,400 $53,900 $86,500
2013 $2,033 $117,900 $47,300 $70,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1868231

Northwest Multiple Listing Service (NWMLS)

APN: 926970-0050