NOT LISTED FOR SALE

2316 N 31st St Unit 401 Tacoma, WA 98403

Old Town Neighborhood

Estimated Value: $864,000 - $1,276,588

2 Beds
2 Baths
493 Sq Ft
$2,185/Sq Ft Est. Value

About This Home

This home is located at 2316 N 31st St Unit 401, Tacoma, WA 98403 and is currently estimated at $1,077,397, approximately $2,185 per square foot. 2316 N 31st St Unit 401 is a home located in Pierce County with nearby schools including Lowell Elementary School, Hilltop Heritage Middle School, and Stadium High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2020
Sold by
Spearman Alex A
Bought by
Spearman Alex A and Clarke Cotton C
Current Estimated Value
$1,077,397

Purchase Details

Closed on
Oct 7, 2008
Sold by
Melsness Larry
Bought by
Spearman Alex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 2005
Sold by
Melsness Sheilah
Bought by
Melsness Larry R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$632,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2005
Sold by
Steel Bruce R
Bought by
Melsness Larry R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.81%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 14, 2001
Sold by
Norpoint Communities Llc
Bought by
Steel Bruce R and Steel Gloria J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.75%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Spearman Alex A $367,143 None Available
Spearman Alex $855,000 Ctc
Melsness Larry R -- Fidelity National Title
Melsness Larry R $790,000 Trans
Steel Bruce R $550,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spearman Alexander A $80,000
Previous Owner Spearman Alex $541,607
Previous Owner Spearman Alex A $150,000
Previous Owner Spearman Alex $100,000
Previous Owner Spearman Alex $650,000
Previous Owner Spearman Alexander A $200,000
Previous Owner Spearman Alex $400,000
Previous Owner Spearman Alex $200,000
Previous Owner Spearman Alexander A $567,500
Previous Owner Spearman Alex $565,000
Previous Owner Melsness Larry R $632,000
Previous Owner Melsness Larry R $1,000,000
Previous Owner Steel Bruce R $476,500
Previous Owner Steel Bruce R $440,000
Source: Public Records

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 $14,892 $1,339,800 $136,400 $1,203,400
2024 $14,892 $1,339,700 $124,000 $1,215,700
2023 $14,892 $1,339,700 $124,000 $1,215,700
2022 $13,819 $1,339,700 $124,000 $1,215,700
2021 $13,766 $1,097,200 $103,300 $993,900
2019 $11,401 $1,098,400 $88,200 $1,010,200
2018 $11,552 $878,700 $73,500 $805,200
2017 $9,819 $732,300 $61,300 $671,000
2016 $9,345 $565,100 $61,300 $503,800
2014 $10,072 $538,200 $61,300 $476,900
2013 $10,072 $524,600 $209,000 $315,600
Source: Public Records

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