Listed by Home Team Northwest Inc, Bought with Terry Wise & Associates
NOT LISTED FOR SALE

223 155th St E Unit 225 Tacoma, WA 98445

Estimated Value: $382,000 - $482,849

4 Beds
2 Baths
1,488 Sq Ft
$289/Sq Ft Est. Value

Last Sold December 08, 2023

Last sale price $385,000 $259 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,631/month

2 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • Wood Siding
  • Patio
  • Partially Fenced Property
  • Vinyl Flooring

About This Home

As of December 2023

Great duplex on quiet dead end street - right next to Spanaway Junior High. Stays rented. Rents were extremely low. Tenants are out, carpet was removed. Needs some TLC but a great quiet neighborhood and always stayed rented. Outside paint is relatively new and roof is under 10 years old.

Last Agent to Sell the Property

Dick Boyle

Home Team Northwest Inc License #25152 Listed on: 09/16/2023

Last Buyer's Agent

Chris Titus

Terry Wise & Associates License #27752

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2162769

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,148

Year Built

  • Built in 1967

Lot Details

  • 0.36 Acre Lot
  • Street terminates at a dead end
  • Partially Fenced Property

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,488 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio

Schools

  • Thompson Elementary School
  • Spanaway Jnr High Middle School
  • Spanaway Lake High School

Utilities

  • Baseboard Heating
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Ergermeyers Condos
  • Spanaway Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3645000341

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,148

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1967
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Ergermeyers
  • New Construction: No
  • CalculatedSquareFootage: 1488
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Vinyl
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Fair
  • Structure Type: Duplex
  • ConstructionMethods: Standard Frame

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: Elmhurst
  • SewerCompany: Septic
  • WaterCompany: Spanaway
  • CableConnected: Comcast
  • WaterSewerGarbage: 828

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: 3645000341
  • Lot Size Acres: 0.3616
  • Lot Size Sq Ft: 15750
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Patio
  • MLSLotSizeSource: Taxroll
  • ZoningJurisdiction: County
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 23.8
  • LeasedItems: None
  • TotalMonthlyIncome: 1400

Multi Family

  • Gross Scheduled Income: 16800
  • Net Operating Income: 10528
  • Number Of Units Total: 2
  • Insurance Expense: 1296
  • Leasable Area: 1488
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2022
  • Tax Annual Amount: 4148

MLS Schools

  • Elementary School: Thompson Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2023
Closed on
Nov 1, 2023
Sold by
Cater Marilyn Jean
Bought by
Cortez Jonathan
Seller's Agent
Dick Boyle
Home Team Northwest Inc
Buyer's Agent
Chris Titus
Terry Wise & Associates
List Price
$375,000
Sold Price
$385,000
Premium/Discount to List
$10,000
2.67%
Views
12
Current Estimated Value
$430,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,712
Avg. Annual Appreciation
6.36%
Original Mortgage
$327,250
Outstanding Balance
$321,851
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$108,861

Purchase Details

Closed on
Jul 18, 2022
Sold by
Cater Burnell
Bought by
Robinson Cynthia Ann
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
Cortez Jonathan $385,000 First American Title Insurance
Robinson Cynthia Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cortez Jonathan $327,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2023 12/08/23 Sold $385,000 +2.7% $259 / Sq Ft
09/18/2023 09/18/23 Pending -- -- --
09/16/2023 09/16/23 For Sale $375,000 -- $252 / 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 $4,158 $386,500 $206,400 $180,100
2024 $4,158 $353,100 $191,700 $161,400
2023 $4,158 $349,700 $178,100 $171,600
2022 $3,911 $354,500 $178,100 $176,400
2021 $3,636 $252,700 $105,600 $147,100
2019 $2,563 $223,900 $87,400 $136,500
2018 $2,585 $203,900 $79,700 $124,200
2017 $2,585 $170,200 $69,900 $100,300
2016 $2,312 $151,300 $60,200 $91,100
2014 $2,042 $132,700 $55,300 $77,400
2013 $2,042 $120,700 $46,200 $74,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2162769

Northwest Multiple Listing Service (NWMLS)

APN: 364500-0341