Listed by Sagareus Real Estate, Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

Estimated Value: $736,000 - $869,000

6 Beds
3 Baths
2,880 Sq Ft
$280/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $730,000 $253 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,782/month

4 Days on Market

Highlights

  • Vinyl Plank Flooring
  • Wood Siding
  • 1-Story Property

About This Home

As of September 2021

Large midcentury modern style triplex located close to the new Emerald Queen Casino with easy I-5 access north of the Tacoma Dome. Great commuter or in-town location. Each unit has vaulted ceilings and Washer/Dryer in unit. This cash-flowing triplex is located in a nice quiet neighborhood with a view of the greenbelt. Units have many recent updates and are in great shape. This property has been well maintained and is turn-key, but some additional value add opportunities might still be available.

Last Agent to Sell the Property

Joseph Nalley

Sagareus Real Estate License #130359 Listed on: 07/31/2021

Last Buyer's Agent

Gaurav Sood

Skyline Properties, Inc. License #100140

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1817526

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,012

Year Built

  • Built in 1971

Lot Details

  • 9,100 Sq Ft Lot
  • Property is in good condition

Home Design

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

Interior Spaces

  • 2,880 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Community Details

  • Indian Addition Subdivision

Listing and Financial Details

  • Legal Lot and Block 24 and 25 / 8658
  • Assessor Parcel Number 471502-090-1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,012

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1971
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2880
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Triplex

Garage/Parking

  • Carport Spaces: 3
  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 6

Utilities

  • Sewer: Available
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Electric
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: TPU

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Tacoma
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 471502-090-1
  • Lot Size Acres: 0.2089
  • Lot Size Sq Ft: 9100
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family
  • LotNumber: 24 and 25

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 4600

Tax Info

  • Year: 2020
  • Tax Annual Amount: 5012

Multi Family

  • Number Of Units Total: 3
  • Electric Expense: 1724
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2021
Closed on
Aug 31, 2021
Sold by
W8 Group Llc
Bought by
Dufel Michael
Seller's Agent
Joseph Nalley
Sagareus Real Estate
Buyer's Agent
Gaurav Sood
Skyline Properties, Inc.
List Price
$665,000
Sold Price
$730,000
Premium/Discount to List
$65,000
9.77%
Current Estimated Value
$807,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,030
Avg. Annual Appreciation
2.31%
Original Mortgage
$435,000
Outstanding Balance
$395,227
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$411,803

Purchase Details

Listed on
Oct 17, 2019
Closed on
Dec 6, 2019
Sold by
Avery Amy A and Powell Betty A
Bought by
W8 Group Llc
Seller's Agent
Matthew Bellesiles
John L. Scott, Inc.
Buyer's Agent
BB French
Sagareus Real Estate
List Price
$465,000
Sold Price
$485,000
Premium/Discount to List
$20,000
4.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.01%
Original Mortgage
$339,500
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 19, 2005
Sold by
Rendla Frank E and Rendla Marie Anne
Bought by
Avery Amy A and Powell Betty A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
5.81%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 29, 2004
Sold by
Gaskill Brian M
Bought by
Rendla Frank E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,520
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 2003
Sold by
Jacobs Larry A
Bought by
Gaskill Brian M and Gaskill Laura A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 1997
Sold by
Carey Mark D
Bought by
Jacobs Larry A and Jacobs Linda D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
8.14%

Purchase Details

Closed on
Dec 31, 1996
Sold by
Carey Mark D and Burchfield Cynthia L
Bought by
Carey Mark D

Purchase Details

Closed on
Feb 10, 1994
Sold by
Carey Mark D and Carey Sharman C
Bought by
Carey Mark D and Carey Sharman C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
7.16%

Purchase Details

Closed on
Jan 15, 1994
Sold by
Carey Mark D and Carey Sharman C
Bought by
Carey Mark D and Carey Sharman C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
7.16%
Source: Public Records
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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
Dufel Michael $730,000 Ticor Title
W8 Group Llc $485,000 Rainier Title
Avery Amy A $255,000 Ticor
Rendla Frank E $219,400 Lawyers Title Agency Of Sout
Gaskill Brian M $185,000 Chicago Title Insurance Co
Jacobs Larry A $107,500 --
Carey Mark D -- --
Carey Mark D -- Transamerica Title Ins Co
Carey Mark D -- Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dufel Michael $435,000
Previous Owner W8 Group Llc $339,500
Previous Owner Avery Amy A $204,000
Previous Owner Rendla Frank E $175,520
Previous Owner Gaskill Brian M $148,000
Previous Owner Jacobs Larry A $30,000
Previous Owner Carey Mark D $59,000
Closed Rendla Frank E $43,880
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/03/2021 09/03/21 Sold $730,000 +9.8% $253 / Sq Ft
08/04/2021 08/04/21 Pending -- -- --
07/31/2021 07/31/21 For Sale $665,000 +37.1% $231 / Sq Ft
12/19/2019 12/19/19 Sold $485,000 +4.3% $168 / Sq Ft View Prior Sale
10/25/2019 10/25/19 Pending -- -- --
10/23/2019 10/23/19 For Sale $465,000 0.0% $161 / Sq Ft
10/20/2019 10/20/19 Pending -- -- --
10/17/2019 10/17/19 For Sale $465,000 -- $161 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $7,054 $694,900 $179,400 $515,500
2024 $7,054 $682,200 $175,700 $506,500
2023 $7,054 $634,000 $170,000 $464,000
2022 $5,782 $599,000 $165,400 $433,600
2021 $5,481 $436,300 $111,500 $324,800
2019 $4,126 $369,700 $94,500 $275,200
2018 $3,883 $317,500 $75,600 $241,900
2017 $3,491 $245,800 $54,500 $191,300
2016 $3,090 $196,200 $44,600 $151,600
2014 $2,556 $177,700 $41,400 $136,300
2013 $2,556 $152,200 $36,800 $115,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1817526

Northwest Multiple Listing Service (NWMLS)

APN: 471502-0901