Listed by Great NW Real Estate LLC
NOT LISTED FOR SALE

Estimated Value: $474,861 - $566,000

3 Beds
2 Baths
1,260 Sq Ft
$422/Sq Ft Est. Value

Last Sold February 25, 2016

Last sale price $110,000 $87 Per Sq Ft

Est. 383% increase in value since last sale

Current estimated payment $3,245/month

617 Days on Market

Highlights

  • Corner Lot
  • Wall to Wall Carpet
  • 1-Story Property
  • Partially Fenced Property

About This Home

As of February 2016

Cash Flow!! Great location, near downtown, TCC busline, nightlife, dining, easy freeway access down Sprague. This duplex is located in the rapidly changing hiltop/central Tacoma neighborhoods. Interior is all updated with newer appliances; 2 bdrms, 1 ba / 1 bdrm, 1ba. Big corner lot with huge 2 car garage, could bring in more income. Almost rentable, but needs some work, roof and crawlspace need attention. Buyer to inspect. Short Sale. Last approved at $120,000. No repairs will be done.

Last Agent to Sell the Property

Lynn Lackey

Great NW Real Estate LLC License #24400 Listed on: 10/23/2013

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 558617

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,006

Year Built

  • Built in 1950

Lot Details

  • 9,171 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot
  • Property is in average condition

Home Design

  • Duplex
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,260 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Community Details

  • Central Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0320064139

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,006

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: 3.0
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1260
  • SOCComments: with lender approval
  • Special Features: 12
  • Cumulative Days on Market: 602

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: TPU
  • WaterSewerGarbage: 2400

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 0320064139
  • Lot Size Acres: 0.2105
  • Lot Size Sq Ft: 9171
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially
  • ZoningClass: Multi-Family,See Remarks

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 7
  • LeasedItems: None
  • TotalMonthlyIncome: 1400

Multi Family

  • Gross Scheduled Income: 16800
  • Net Operating Income: 10554
  • Number Of Units Total: 2
  • Insurance Expense: 1000
  • Leasable Area: 1260
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2013
  • Tax Annual Amount: 2006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2013
Closed on
Feb 22, 2016
Sold by
Jones Roshun
Bought by
Dobashi Mohamed and Alajji Nada
Seller's Agent
Lynn Lackey
Great NW Real Estate LLC
List Price
$145,000
Sold Price
$110,000
Premium/Discount to List
-$35,000
-24.14%
Current Estimated Value
$531,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$421,465
Avg. Annual Appreciation
17.28%

Purchase Details

Closed on
Oct 28, 2005
Sold by
Zoolkoski Cynthia
Bought by
Jones Roshun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
7.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 6, 2002
Sold by
Wagner Linda M
Bought by
Trautman John G and Trautman Patricia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.37%
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
Dobashi Mohamed $109,719 None Available
Jones Roshun $135,000 --
Trautman John G $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Roshun $34,000
Previous Owner Jones Roshun W $157,500
Previous Owner Trautman John G $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2016 02/25/16 Sold $110,000 -24.1% $87 / Sq Ft
07/03/2015 07/03/15 Pending -- -- --
10/23/2013 10/23/13 For Sale $145,000 -- $115 / 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 $4,459 $476,600 $228,200 $248,400
2024 $4,459 $451,600 $221,600 $230,000
2023 $4,459 $400,400 $206,700 $193,700
2022 $3,954 $421,600 $214,600 $207,000
2021 $3,865 $307,400 $126,300 $181,100
2019 $3,001 $268,800 $101,200 $167,600
2018 $2,875 $230,700 $85,000 $145,700
2017 $2,528 $181,800 $70,300 $111,500
2016 $2,201 $133,300 $53,400 $79,900
2014 $2,006 $126,500 $47,800 $78,700
2013 $2,006 $116,300 $42,200 $74,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 558617

Northwest Multiple Listing Service (NWMLS)

APN: 032006-4139