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

Estimated Value: $732,000 - $969,000

6 Beds
3 Baths
2,400 Sq Ft
$353/Sq Ft Est. Value

Last Sold December 26, 2019

Last sale price $586,000 $244 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $5,246/month

9 Days on Market

Highlights

  • 0.43 Acre Lot
  • Territorial View
  • Thermal Windows
  • Deck
  • Corner Lot
  • Cul-De-Sac

About This Home

As of December 2019

Spectacular Tri-Plex only minutes to Downtown Tacoma, JBLM, and fantastic commuter resources! 2019 remodel included new skylights (roof was new in 2017), new electrical panels, exterior paint, crawl space clean out, side-sewer replacement, new interior finishes & appliances, and tasteful landscaping. Units are currently renting at $1,450 per door and tenants pay ALL of their own utilities. Professionally managed by Zero Vacancy PM who, under their management agreement, guarantee no vacancies.

Last Agent to Sell the Property

Justin Richards

Keller Williams Rlty Bellevue License #24027569 Listed on: 11/22/2019

Keller Williams Rlty Bellevue

Last Buyer's Agent

Peng Tea

COMPASS License #22024881

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1542524

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,178

Year Built

  • Built in 1985 | Remodeled

Lot Details

  • 0.43 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Partially Fenced Property
  • Corner Lot

Home Design

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

Interior Spaces

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

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Vista Ridge Condos
  • South Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 926970-010-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,178

Year Built

Built in 1985 | Remodeled

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
  • Building Name: Vista Ridge
  • New Construction: No
  • CalculatedSquareFootage: 2400
  • Special Features: None
  • Cumulative Days on Market: 373

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot, Cul-De-Sac, Curbs, Dead End Street, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Triplex

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, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: TPU
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 926970-010-0
  • Lot Size Acres: 0.4299
  • Lot Size Sq Ft: 18725
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,High Speed Internet,Patio
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 4350

Multi Family

  • Gross Scheduled Income: 52200
  • Net Operating Income: 43822
  • Number Of Units Total: 3
  • Insurance Expense: 800
  • Leasable Area: 2400
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2019
  • Tax Annual Amount: 4178

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2019
Closed on
Dec 24, 2019
Sold by
Dunjic Anderson Erika and Anderson Bjorn
Bought by
Lau Mei Ying and Shao Joseph
Seller's Agent
Justin Richards
Keller Williams Rlty Bellevue
Buyer's Agent
Peng Tea
COMPASS
List Price
$585,000
Sold Price
$586,000
Premium/Discount to List
$1,000
0.17%
Current Estimated Value
$847,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,173
Avg. Annual Appreciation
6.72%
Original Mortgage
$439,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 5, 2019
Closed on
Apr 24, 2019
Sold by
Zhou Xiaochen and Dong Yujing
Bought by
Anderson Bjorn and Dunjic Anderson Erika
Seller's Agent
David MacPhail
Redfin
Buyer's Agent
Justin Richards
Keller Williams Rlty Bellevue
List Price
$379,000
Sold Price
$352,000
Premium/Discount to List
-$27,000
-7.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
113.98%

Purchase Details

Listed on
Mar 23, 2013
Closed on
Apr 9, 2013
Sold by
Glaspie Tom
Bought by
Zhou Xiaochen and Dong Yujing
Seller's Agent
Cambria Johnson
MORE Realty
Buyer's Agent
Caelyn gillaspie
Kelly Right RE of Seattle LLC
List Price
$260,000
Sold Price
$235,000
Premium/Discount to List
-$25,000
-9.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.92%

Purchase Details

Closed on
Jul 6, 2012
Sold by
Dyer Robin K
Bought by
Glaspie Tom 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
$32,098
Interest Rate
3.7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 29, 2012
Sold by
Eastside Funding Llc
Bought by
Glaspie Tom

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,098
Interest Rate
3.7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 11, 2006
Sold by
Parisio Diane E and Parisio Diane
Bought by
Dyer Robin K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,856
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 8, 2005
Sold by
2004 Eastside Inc
Bought by
Parisio Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
3%
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
Lau Mei Ying $586,000 Nextitle
Anderson Bjorn $352,000 Wfg National Title
Zhou Xiaochen $235,000 First American Title Ins Co
Glaspie Tom $152,750 None Available
Glaspie Tom -- None Available
Dyer Robin K $328,570 Lawyers Title Agency Of Sout
Parisio Diane $265,000 Lawyers Title Agency Of Sout
2004 Eastside Inc $1,009,500 Lawyers Title Agency Of Sout
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lau Ismei Ying $418,000
Closed Lau Mei Ying $420,000
Closed Lau Mei Ying $439,500
Previous Owner Glaspie Tom $32,098
Previous Owner Glaspie Tom $124,727
Previous Owner Dyer Robin K $262,856
Previous Owner Parisio Diane $212,000
Previous Owner 2004 Eastside Inc $1,045,000
Closed Parisio Diane $26,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/26/2019 12/26/19 Sold $586,000 +0.2% $244 / Sq Ft
12/01/2019 12/01/19 Pending -- -- --
11/22/2019 11/22/19 For Sale $585,000 +66.2% $244 / Sq Ft
04/25/2019 04/25/19 Sold $352,000 -7.1% $145 / Sq Ft
04/09/2019 04/09/19 Pending -- -- --
04/05/2019 04/05/19 For Sale $379,000 +61.3% $156 / Sq Ft
04/12/2013 04/12/13 Sold $235,000 -9.6% $97 / Sq Ft
03/24/2013 03/24/13 Pending -- -- --
03/23/2013 03/23/13 For Sale $260,000 -- $107 / 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 $7,658 $765,700 $236,500 $529,200
2024 $7,658 $737,800 $223,400 $514,400
2023 $7,658 $688,400 $212,400 $476,000
2022 $6,279 $674,700 $231,300 $443,400
2021 $5,895 $469,300 $137,600 $331,700
2019 $4,178 $375,500 $115,100 $260,400
2018 $4,176 $321,500 $92,500 $229,000
2017 $3,495 $264,400 $80,700 $183,700
2016 $3,158 $195,100 $59,800 $135,300
2014 $1,263 $181,600 $58,900 $122,700
2013 $1,263 $147,700 $51,700 $96,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1542524

Northwest Multiple Listing Service (NWMLS)

APN: 926970-0100