NOT LISTED FOR SALE

2318 Grandview Dr W Unit 2320 Tacoma, WA 98466

Estimated Value: $639,468 - $684,000

4 Beds
2 Baths
1,808 Sq Ft
$365/Sq Ft Est. Value

Last Sold February 11, 2022

Last sale price $620,000 $343 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,243/month

33 Days on Market

Highlights

  • Territorial View
  • Corner Lot
  • Thermal Windows
  • University Place Primary School Rated A
  • No HOA
  • Wood Siding

About This Home

As of February 2022

One level duplex situated in an excellent University Place neighborhood. Each unit has two-bedroom, one bathroom, and a cozy gas fireplace insert. That heats the entire unit. Both units are vacant with a key box and can be shown. Buyer can receive a $10,000 credit for flooring for both units if preferred. Each unit has a washer and dryer furnished. Kitchen comes with a built- in oven, cooktop, and a dishwasher. The large corner lot is fully fenced, with a newer sidewalk in front. Plumbing and electrical has been upgraded. The building is in excellent condition. This would make a nice owner-occupied home. One level living with a totally level lot is a rare find. Excellent investment!

Last Agent to Sell the Property

Tom Byrne

Keller Williams Rty Tacoma License #35469 Listed on: 12/08/2021

Keller Williams Rty Tacoma

Last Buyer's Agent

Viktor Krushenytskyi

A. Kalchik Realty Inc License #79321

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1870888

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,545

Year Built

  • Built in 1960

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 152x89
  • Corner Lot

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,808 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Community Details

  • No Home Owners Association
  • Grandview Gardens Condos
  • University Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0220091181

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,545

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1960
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Grandview Gardens
  • New Construction: No
  • CalculatedSquareFootage: 1808
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 300

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex
  • ConstructionMethods: Standard Frame

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
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: TPU
  • WaterSewerGarbage: 1254

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: University Place

Lot Info

  • Parcel Number: 0220091181
  • Lot Size Acres: 0.33
  • Lot Size: 152X89
  • Lot Size Sq Ft: 14375
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Record
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 23
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Multi Family

  • Gross Scheduled Income: 36000
  • Net Operating Income: 26804
  • Number Of Units Total: 2
  • Insurance Expense: 1037
  • Leasable Area: 1808
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2021
  • Tax Annual Amount: 5545

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2021
Closed on
Feb 10, 2022
Sold by
Veronica Focsa
Bought by
Focsa Viorel
Seller's Agent
Tom Byrne
Keller Williams Rty Tacoma
Buyer's Agent
Viktor Krushenytskyi
A. Kalchik Realty Inc
List Price
$650,000
Sold Price
$620,000
Premium/Discount to List
-$30,000
-4.62%
Total Days on Market
33
Current Estimated Value
$659,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,867
Avg. Annual Appreciation
1.87%
Original Mortgage
$465,000
Outstanding Balance
$438,099
Interest Rate
3.69%
Estimated Equity
$220,979

Purchase Details

Closed on
Apr 19, 2018
Sold by
Newkirk Doug E and Newkirk Teresa D
Bought by
Musarra Lenne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2005
Sold by
Demark Steve A
Bought by
Newkirk Doug E and Newkirk Teresa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,200
Interest Rate
1.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 1998
Sold by
Fain Charles J
Bought by
Demark Steve A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,500
Interest Rate
7.07%

Purchase Details

Closed on
Jul 14, 1994
Sold by
Fain Mary T
Bought by
Fain Charles J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,058
Interest Rate
8.38%
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
Focsa Viorel -- Fidelity National Title
Focsa Viorel $619,719 Fidelity National Title
Musarra Lenne $409,719 Fidelity National Title
Newkirk Doug E $279,000 Rtc
Demark Steve A $180,326 Rainier Title Company
Fain Charles J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Focsa Viorel $465,000
Previous Owner Musarra Lenne $255,000
Previous Owner Musarra Lenne $307,500
Previous Owner Newkirk Douglas E $241,900
Previous Owner Newkirk Douglas E $234,000
Previous Owner Newkirk Doug E $223,200
Previous Owner Demark Steve A $152,750
Previous Owner Demark Steve A $108,500
Previous Owner Fain Charles J $75,058
Closed Newkirk Doug E $27,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2022 02/11/22 Sold $620,000 -4.6% $343 / Sq Ft
01/10/2022 01/10/22 Pending -- -- --
12/08/2021 12/08/21 For Sale $650,000 -- $360 / 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 $6,584 $578,100 $308,600 $269,500
2023 $6,584 $547,600 $300,500 $247,100
2022 $6,265 $563,400 $314,300 $249,100
2021 $5,546 $394,800 $202,400 $192,400
2019 $4,394 $368,500 $180,900 $187,600
2018 $4,634 $333,000 $158,600 $174,400
2017 $4,112 $290,300 $131,500 $158,800
2016 $3,798 $229,500 $103,500 $126,000
2014 $3,513 $212,800 $96,100 $116,700
2013 $3,513 $195,800 $86,300 $109,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1870888

Northwest Multiple Listing Service (NWMLS)

APN: 022009-1181