NOT LISTED FOR SALE

228 -230 E 72nd St Unit 1-2 Tacoma, WA 98404

South End Neighborhood

Estimated Value: $576,000 - $602,000

6 Beds
3 Baths
1,870 Sq Ft
$313/Sq Ft Est. Value

Last Sold September 21, 2021

Last sale price $580,000 $310 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,764/month

32 Days on Market

Highlights

  • 0.49 Acre Lot
  • Partially Fenced Property
  • 1-Story Property
  • Territorial View
  • Wood Siding
  • 3-minute walk to Charlotte's Blueberry Park

About This Home

As of September 2021

Amazing rental property in prime Tacoma location. Brought to studs and fully renovated with full permits from the city in 2018. L unit is occupied, R side vacant. Have had great success with zero vacancy rates. Nearby grocery stores and parks. Minutes from Downtown Tacoma. Updates during the remodel: hardwood flooring, new appliances, real hardwood cabinets, granite countertops, mosaic backsplash, new interior & entry doors, double pane vinyl windows, paint, fixtures, and new roof. Large sub-dividable lot with no wetland on property, option to subdivide with surveys, wetland study done. Preliminary approval free of cost to allow expansion of 2 addl lots at seller’s discretion. Do not disturb tenants.

Last Agent to Sell the Property

Sarah Noet

Best Choice Network LLC License #110182 Listed on: 07/15/2021

Best Choice Network LLC

Last Buyer's Agent

Victor Chavez

NW Casas Realty License #26783

NW Casas Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1804795

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,996

Year Built

  • Built in 1950

Lot Details

  • 0.49 Acre Lot
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Duplex
  • Block Foundation
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1,870 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Parking

  • 2 Parking Spaces
  • Open Parking

Utilities

  • Septic Tank
  • Septic System

Community Details

  • Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0320284045

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,996

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1950
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1870
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 306

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Block
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Septic System, Electric
  • PowerCompany: TPU
  • WaterCompany: TPU
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Parcel Number: 0320284045
  • Lot Size Acres: 0.49
  • Lot Size: 21,344
  • Lot Size Sq Ft: 21344
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 3270

Multi Family

  • Gross Scheduled Income: 40800
  • Net Operating Income: 31116
  • Number Of Units Total: 2
  • Insurance Expense: 888
  • Leasable Area: 1870
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3996

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Sep 8, 2021
Sold by
5 Star Homes Llc
Bought by
Arkadie Lewis
Seller's Agent
Sarah Noet
Best Choice Network LLC
Buyer's Agent
Victor Chavez
NW Casas Realty
List Price
$575,000
Sold Price
$580,000
Premium/Discount to List
$5,000
0.87%
Total Days on Market
32
Current Estimated Value
$585,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,838
Avg. Annual Appreciation
0.27%
Original Mortgage
$569,494
Outstanding Balance
$521,981
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$63,857

Purchase Details

Closed on
Jun 26, 2018
Sold by
Kumar Rajesh
Bought by
5 Star Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 12, 2016
Sold by
Deutsche Bank National Trust Company
Bought by
Kumar Rajesh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,100
Interest Rate
3.57%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 10, 2016
Sold by
Kumar Mongia Sapna
Bought by
Kumar Rajesh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,100
Interest Rate
3.57%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 26, 2016
Sold by
Kruoch Sopharith and Soy Sokhien
Bought by
Deutsche Bank National Trust Company and Pfca Home Equity Investment Trust Servic

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,100
Interest Rate
3.57%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 24, 2016
Sold by
Kruoch Sopharith and Soy Sokhien
Bought by
Deutsche Bank National Trust Company and Pfca Home Equity Investment Trust Servic

Purchase Details

Closed on
Aug 6, 2001
Sold by
Krouch Sopharith
Bought by
Krouch Sopharith and Soy Sokhien

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,500
Interest Rate
7.1%

Purchase Details

Closed on
Jul 28, 1998
Sold by
Pacific Coast Investment Company
Bought by
Hockman Virgle E and Hockman Jean A
Source: Public Records

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Range of Values:

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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
Arkadie Lewis $580,000 First American Title
5 Star Homes Llc -- First American Title Company
Kumar Rajesh $140,719 Servicelink
Kumar Rajesh -- Servicelink
Deutsche Bank National Trust Company $121,244 None Available
Deutsche Bank National Trust Company $121,244 None Available
Krouch Sopharith -- --
Hockman Virgle E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arkadie Lewis $42,000
Closed Arkadie Lewis $22,664
Open Arkadie Lewis $569,494
Previous Owner 5 Star Homes Llc $300,000
Previous Owner 5 Star Homes Llc $296,000
Previous Owner Kumar Rajesh $14,100
Previous Owner Kumar Rajesh $143,820
Previous Owner Kumar Rajesh $14,100
Previous Owner Kruoch Soparith $280,000
Previous Owner Krouch Sopharith $91,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2021 09/21/21 Sold $580,000 0.0% $310 / Sq Ft
08/16/2021 08/16/21 Pending -- -- --
08/07/2021 08/07/21 Price Changed $580,000 -0.9% $310 / Sq Ft
07/29/2021 07/29/21 Price Changed $585,000 +10.6% $313 / Sq Ft
07/15/2021 07/15/21 Price Changed $529,000 -8.0% $283 / Sq Ft
07/15/2021 07/15/21 For Sale $575,000 -- $307 / 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
2024 $5,702 $550,300 $224,400 $325,900
2023 $5,702 $512,300 $213,700 $298,600
2022 $4,846 $510,200 $210,300 $299,900
2021 $4,366 $347,300 $133,900 $213,400
2019 $3,320 $294,900 $110,700 $184,200
2018 $2,849 $255,300 $89,600 $165,700
2017 $2,419 $180,200 $75,700 $104,500
2016 $2,210 $136,300 $56,500 $79,800
2014 $1,871 $127,000 $53,400 $73,600
2013 $1,871 $109,100 $47,000 $62,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1804795

Northwest Multiple Listing Service (NWMLS)

APN: 032028-4045