NOT LISTED FOR SALE

2312 Martin Luther King jr Way Tacoma, WA 98405

Hilltop Neighborhood

Estimated Value: $469,000 - $525,000

3 Beds
1 Bath
1,440 Sq Ft
$349/Sq Ft Est. Value

Last Sold September 28, 2020

Last sale price $422,000 $293 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,123/month

6 Days on Market

Highlights

  • RV Access or Parking
  • Fruit Trees
  • Softwood Flooring
  • Stadium High School Rated A-
  • Deck
  • 3-minute walk to Edna Travis Park

About This Home

As of September 2020

The perfect mix of modern updates + classic charm. From the rocking-chair front porch to the new entertainment-sized deck, this home has been lovingly remodeled with too many updates to list! Rewired, new plumbing, newer appliances, on demand hot water. Incredibly tall ceilings, spacious rooms, originsl fir floors. FTTH Internet. HUGE 2-car garage/shop off alley. Close to downtown, 2 blks to future Light Rail, park, restaurants. Near UW, St. Joe's, Tacoma Gen, breweries.

Last Agent to Sell the Property

Tara Farquhar

Lake & Company License #88724 Listed on: 08/27/2020

Lake & Company

Last Buyer's Agent

Carly Willis

Kelly Right RE of Seattle LLC License #128903

Kelly Right RE of Seattle LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1654174

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,647

Year Built

  • Built in 1905

Lot Details

  • Property is Fully Fenced
  • Level Lot
  • Fruit Trees
  • Garden
  • Property is zoned R2

Home Design

  • Victorian Architecture
  • Block Foundation
  • Poured Concrete
  • Composition Roof
  • Metal Roof
  • Cement Board or Planked
  • Vinyl Construction Material

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Softwood
  • Ceramic Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • RV Access or Parking

Additional Features

  • 1 Bathroom
  • Deck
  • High Speed Internet

Community Details

  • Hilltop Community

Listing and Financial Details

  • Assessor Parcel Number 7685003990

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,647

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Architecture: Victorian
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Dbl Pane/Storm Windw, Dining Room, French Doors, High Tech Cabling, Skylights, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Ceramic Tile, Fir/Softwood, Vinyl
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1440
  • Square Footage Finished: 1440

Exterior Features

  • Exterior: Cement Planked, Metal/Vinyl
  • Foundation: Concrete Block, Poured Concrete
  • Roof: Composition, Metal

Garage/Parking

  • Parking Type: Garage-Detached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Baseboard, Wall
  • Power Company: TPU
  • Sewer: Sewer Connected
  • Sewer Company: TPU
  • Water Company: TPU
  • Water Heater: kitchen-electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Hilltop

Schools

  • School District: TAC

Lot Info

  • Lot Details: Alley, Curbs, Paved Street, Sidewalk
  • Lot Dimensions: 130' x 37' x 130' 37'
  • Lot Sq Ft: 4875
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Level
  • Parcel Number: 7685003990
  • Zoning Code: R2
  • Zoning Jurisdiction: City
  • Lot Topography: Fruit Trees, Garden Space, Level

Tax Info

  • Tax Amount: 2974

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2020
Closed on
Sep 24, 2020
Sold by
Farquhar Amy and Maraschky Aaron
Bought by
Caulfield Matthew
Seller's Agent
Tara Farquhar
Lake & Company
Buyer's Agent
Carly Willis
Kelly Right RE of Seattle LLC
List Price
$385,000
Sold Price
$422,000
Premium/Discount to List
$37,000
9.61%
Current Estimated Value
$503,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,104
Avg. Annual Appreciation
3.84%
Original Mortgage
$358,700
Outstanding Balance
$320,483
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$187,534

Purchase Details

Listed on
Mar 9, 2015
Closed on
May 21, 2015
Sold by
Mahoney Sandra M and Mahoney Melvin
Bought by
Farquhar Amy
Seller's Agent
Eric Crittendon
Weichert Realtors Premier Prop
Buyer's Agent
Tara Farquhar
Lake & Company
List Price
$129,950
Sold Price
$100,000
Premium/Discount to List
-$29,950
-23.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.88%
Original Mortgage
$70,000
Interest Rate
3.63%
Mortgage Type
New Conventional
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
Caulfield Matthew $422,000 Cw Title
Farquhar Amy $99,719 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caulfield Matthew $358,700
Previous Owner Farquhar Amy $70,000
Previous Owner Mahoney Sandra M $46,000
Previous Owner Mahoney Melvin $28,000
Previous Owner Mahoney Melvin $83,798
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2020 09/28/20 Sold $422,000 +9.6% $293 / Sq Ft
09/02/2020 09/02/20 Pending -- -- --
08/27/2020 08/27/20 For Sale $385,000 +285.0% $267 / Sq Ft
05/26/2015 05/26/15 Sold $100,000 -23.0% $69 / Sq Ft
04/12/2015 04/12/15 Pending -- -- --
04/09/2015 04/09/15 For Sale $129,950 0.0% $90 / Sq Ft
03/30/2015 03/30/15 Pending -- -- --
03/21/2015 03/21/15 For Sale $129,950 -- $90 / 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 $4,647 $457,200 $226,000 $231,200
2024 $4,647 $443,300 $219,400 $223,900
2023 $4,647 $417,300 $207,800 $209,500
2022 $4,437 $460,900 $206,900 $254,000
2021 $3,059 $243,100 $107,100 $136,000
2019 $2,529 $219,000 $85,200 $133,800
2018 $2,564 $194,300 $74,600 $119,700
2017 $2,196 $162,100 $53,200 $108,900
2016 -- $121,000 $37,300 $83,700
2014 $1,864 $115,000 $38,400 $76,600
2013 $1,864 $108,700 $38,400 $70,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1654174

Northwest Multiple Listing Service (NWMLS)

APN: 768500-3990