Listed by Engel & Voelkers Chambers Bay, Bought with Better Properties UP/Fircrest
NOT LISTED FOR SALE

2718 N 15th St Unit 2720 Tacoma, WA 98406

North Tacoma Neighborhood

Estimated Value: $631,000 - $695,000

4 Beds
2 Baths
1,464 Sq Ft
$452/Sq Ft Est. Value

Last Sold July 11, 2024

Last sale price $615,000 $420 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,021/month

66 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Baseboard Heating
  • Stadium High School Rated A-
  • Thermal Windows
  • Wood Siding

About This Home

As of July 2024

Opportunity knocks! Owner Financing on this amazing location, corner lot, side-by-side duplex! Each unit lives like an independent home, featuring 2 bedrooms w/ 732 SF, a nicely-sized living room, a clean kitchen with an eating space and a central full bathroom. With excellent maintenance over the years and long term tenants, there is limited wear and tear. Improvements include a 30 year roof, updated vinyl windows, upgraded wall & ceiling insulation, copper plumbing, and established landscaping. The 2 car garage is currently assigned to unit 2718 but could be a future 3rd unit as a studio with 460 SF through Tacoma's new 'Home In Tacoma' zoning. Buyer to verify all info. Long term owner selling as-is. Please do not disturb tenants.

Last Agent to Sell the Property

Ryan Meacham

Engel & Voelkers Chambers Bay License #11565 Listed on: 04/15/2024

Engel & Voelkers Chambers Bay

Last Buyer's Agent

trevin anderso

Better Properties UP/Fircrest License #35362

Better Properties UP/Fircrest

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2223176

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,345

Year Built

  • Built in 1949

Lot Details

  • 5,000 Sq Ft Lot
  • Corner Lot
  • Property is in good condition

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,464 Sq Ft Home
  • 1-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces

Utilities

  • Baseboard Heating
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Ups Subdivision

Listing and Financial Details

  • Assessor Parcel Number 274500-479-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,345

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1949
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1464
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Energy Package,Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Corner Lot, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Brick, Cement/Concrete, Wood
  • Foundation Details: Poured Concrete, Slab
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: No
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: TPU
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 274500-479-0
  • Lot Size Acres: 0.1148
  • Lot Size Sq Ft: 5000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV
  • MLSLotSizeSource: Pierce County
  • MLSSquareFootageSource: Pierce County Records
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 15.5
  • LeasedItems: None
  • TotalMonthlyIncome: 2200

Multi Family

  • Gross Scheduled Income: 42000
  • Net Operating Income: 34882
  • Number Of Units Total: 2
  • Insurance Expense: 773
  • Leasable Area: 1464
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2024
  • Tax Annual Amount: 6345

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2024
Closed on
Jul 2, 2024
Sold by
Hall Herbert W and Hall H
Bought by
Flaherty Christopher
Seller's Agent
Ryan Meacham
Engel & Voelkers Chambers Bay
Buyer's Agent
trevin anderso
Better Properties UP/Fircrest
List Price
$649,950
Sold Price
$615,000
Premium/Discount to List
-$34,950
-5.38%
Views
52
Current Estimated Value
$661,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,333
Avg. Annual Appreciation
4.50%
Original Mortgage
$100,000
Interest Rate
7.03%
Mortgage Type
Seller Take Back
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
Flaherty Christopher $615,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Flaherty Christopher $100,000
Open Flaherty Christopher $465,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2024 07/11/24 Sold $615,000 -5.4% $420 / Sq Ft
06/20/2024 06/20/24 Pending -- -- --
06/08/2024 06/08/24 For Sale $649,950 0.0% $444 / Sq Ft
05/29/2024 05/29/24 Pending -- -- --
05/15/2024 05/15/24 For Sale $649,950 0.0% $444 / Sq Ft
05/04/2024 05/04/24 Pending -- -- --
04/15/2024 04/15/24 For Sale $649,950 -- $444 / 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 $6,345 $629,200 $341,800 $287,400
2024 $6,345 $620,600 $320,900 $299,700
2023 $6,345 $570,200 $286,000 $284,200
2022 $5,613 $580,300 $326,500 $253,800
2021 $5,380 $428,200 $216,300 $211,900
2019 $4,610 $387,300 $179,600 $207,700
2018 $5,045 $354,800 $159,200 $195,600
2017 $4,353 $319,500 $137,100 $182,400
2016 $4,218 $252,600 $94,500 $158,100
2014 $1,764 $242,700 $88,500 $154,200
2013 $1,764 $220,100 $74,600 $145,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2223176

Northwest Multiple Listing Service (NWMLS)

APN: 274500-4790