Listed by Gateway Real Estate, Bought with Dove Realty, Inc.
NOT LISTED FOR SALE

2222 2224 161st St E Tacoma, WA 98445

Estimated Value: $568,000 - $735,000

6 Beds
4 Baths
2,320 Sq Ft
$294/Sq Ft Est. Value

Last Sold April 25, 2023

Last sale price $650,000 $280 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,268/month

2 Days on Market

Highlights

  • 0.51 Acre Lot
  • Patio
  • Wall to Wall Carpet
  • No HOA
  • Property is in very good condition
  • 1-Story Property

About This Home

As of April 2023

Wonderful duplex on a 1/2 acre lot located down a small dead end private road. Enough room for RV parking. New roof was installed 2021. Tenants are on a month to month but would love to stay. Close to shopping and dining yet tucked away from major traffic. Duplex has been maintained to avoid major repair. Both sides are the same floor plan, 3 bedrooms, 2 full bathrooms and 2 car garage, several closets for storage space.

Last Agent to Sell the Property

Valerie Stephens

Gateway Real Estate License #42049 Listed on: 02/28/2023

Gateway Real Estate

Co-Listed By

Tim Stephens

Gateway Real Estate License #22781

Last Buyer's Agent

CJ Spivey

Dove Realty, Inc. License #28371

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2039902

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,338

Year Built

  • Built in 1999

Lot Details

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

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,320 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Schools

  • Naches Trail Elementary School
  • Spanaway Jnr High Middle School
  • Spanaway Lake High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Brookdale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 031926-6-036

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,338

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1999
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2320
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: minus any concessions.
  • Special Features: None
  • Cumulative Days on Market: 372

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • 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: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: Elmhurst Electric
  • SewerCompany: Pierce County Sewer
  • WaterCompany: Spanaway Water
  • CableConnected: Comcast
  • WaterSewerGarbage: 149.93

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Bethel
  • High School: Spanaway Lake High
  • Middle Or Junior School: Spanaway Jnr High

Lot Info

  • Parcel Number: 031926-6-036
  • Lot Size Acres: 0.51
  • Lot Size Sq Ft: 22215
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Patio
  • MLSLotSizeSource: Public Records
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16.92
  • LeasedItems: None
  • TotalMonthlyIncome: 3200

Multi Family

  • Gross Scheduled Income: 38400
  • Net Operating Income: 30120
  • Number Of Units Total: 2
  • Insurance Expense: 1600
  • Leasable Area: 2320
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2022
  • Tax Annual Amount: 6337.5

MLS Schools

  • Elementary School: Naches Trail Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2019
Sold by
Osborne Carolyn Jean
Bought by
Osborne Carolyn Jean and Carolyn J Osborne Revocable Li
Current Estimated Value
$681,721

Purchase Details

Closed on
Apr 16, 2010
Sold by
Federal National Mortgage Association
Bought by
Osborne Donald E and Osborne Carolyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2010
Sold by
Hidalgo Carlito
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 24, 2003
Sold by
Pruett Danelle M
Bought by
Hidalgo Carlito

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,600
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 1999
Sold by
D & P Construction Inc
Bought by
Pruett Danelle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,750
Interest Rate
6.79%
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
Osborne Carolyn Jean -- Accommodation
Osborne Donald E $265,000 Chicago Title Insurance Co
Federal National Mortgage Association $345,472 Fatco
Hidalgo Carlito $237,000 Pnwt
Pruett Danelle M $851,225 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osbourne Carolyn Jean $140,000
Closed Osborne Donald E $165,000
Previous Owner Hidalgo Carlito $328,000
Previous Owner Hidalgo Carlito D $293,000
Previous Owner Hidalgo Carlito $189,600
Previous Owner Pruett Danelle M $177,750
Closed Hidalgo Carlito $47,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2023 04/25/23 Sold $650,000 0.0% $280 / Sq Ft
03/02/2023 03/02/23 Pending -- -- --
02/28/2023 02/28/23 For Sale $650,000 -- $280 / 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 $6,980 $616,200 $232,400 $383,800
2024 $6,980 $664,000 $219,200 $444,800
2023 $6,980 $604,700 $192,800 $411,900
2022 $6,338 $571,800 $195,000 $376,800
2021 $5,779 $411,800 $125,000 $286,800
2019 $3,981 $373,800 $100,000 $273,800
2018 $4,407 $326,400 $92,800 $233,600
2017 $4,407 $293,900 $85,000 $208,900
2016 $3,932 $263,600 $67,800 $195,800
2014 $3,576 $234,100 $60,100 $174,000
2013 $3,576 $215,800 $50,100 $165,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2039902

Northwest Multiple Listing Service (NWMLS)

APN: 031926-6036