Listed by Terrafin
NOT LISTED FOR SALE

Estimated Value: $956,000 - $1,192,000

7 Beds
3 Baths
3,889 Sq Ft
$284/Sq Ft Est. Value

Last Sold June 17, 2021

Last sale price $995,000 $256 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,650/month

7 Days on Market

Highlights

  • Deck
  • Softwood Flooring
  • Wood Siding
  • Lowell Elementary School Rated A-
  • Patio

About This Home

As of June 2021

Beautifully renovated, inside & out, classic North Tacoma craftsmen 4-plex. Rare, turnkey property w/ all major renovations completed within the last few years: new roof, windows, 30-year exterior paint, new garage doors, & new hot water heaters. 3 buildings: triplex home, ADU, & detached 2-car garage. 3 units in the main house are modernized while keeping the original charm & include custom tile, new plumbing, flooring, appliances & lighting. Unit 2 includes a large, covered porch & private back porch. Unit 3 has a private deck. ADU studio is designed to maximize space. 2-car garage has 2 separate locked areas. Conveniently located within walking distance to UPS, Proctor, & restaurants. Stadium District & waterfront are a short drive away!

Last Agent to Sell the Property

Dennis Folk

Terrafin License #25739 Listed on: 04/09/2021

Terrafin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1753647

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,778

Year Built

  • Built in 1910 | Remodeled

Lot Details

  • 5,500 Sq Ft Lot

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 3,889 Sq Ft Home
  • 4-Story Property

Flooring

  • Softwood
  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Parking

  • 1 Parking Space
  • 2 Covered Spaces

Outdoor Features

  • Deck
  • Patio

Schools

  • Mason Middle School
  • Stadium High School

Utilities

  • Radiator
  • Cable TV Available

Community Details

  • North Tacoma Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 2290000210

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,778

Year Built

Built in 1910 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1910
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3889
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Softwood, Laminate, Carpet
  • Interior Amenities: Radiator, Ceramic Tile, Fir/Softwood, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 4
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked, Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: No
  • Total Parking Spaces: 1
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: TPU
  • SewerCompany: City of Tacoma
  • WaterCompany: City of Tacoma
  • WaterSewerGarbage: 5260

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Tacoma
  • High School: Stadium
  • Middle Or Junior School: Mason

Lot Info

  • Parcel Number: 2290000210
  • Lot Size Acres: 0.1263
  • Lot Size Sq Ft: 5500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Patio
  • MLSLotSizeSource: county records
  • ZoningJurisdiction: City
  • ZoningClass: Residential
  • LotNumber: 3

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 5585

Multi Family

  • Gross Scheduled Income: 67014
  • Net Operating Income: 47703
  • Number Of Units Total: 4
  • Insurance Expense: 2338
  • Leasable Area: 3686
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 8778

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
Jun 4, 2021
Sold by
Vashon Kl Properties Llc
Bought by
Roco Development 2906 Llc
Seller's Agent
Dennis Folk
Terrafin
List Price
$994,900
Sold Price
$995,000
Premium/Discount to List
$100
0.01%
Current Estimated Value
$1,104,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,105
Avg. Annual Appreciation
2.45%
Original Mortgage
$741,750
Outstanding Balance
$671,562
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$432,543

Purchase Details

Closed on
Sep 3, 2018
Sold by
Crayton Kevin and Crayton Linda
Bought by
Vashon Kl Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,750
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2018
Sold by
Cookson William and Cookson William J
Bought by
Crayton Kevin and Crayton Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,750
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2016
Sold by
Moore Timothy R and Moore Busbha S
Bought by
Cookson William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2014
Sold by
Moore Timothy R
Bought by
Moore Timothy R and Moore Bushba S
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
Roco Development 2906 Llc $995,000 Ticor Title
Vashon Kl Properties Llc -- Accommodation
Crayton Kevin $824,719 Fidelity National Title
Cookson William $359,719 Rainier Title Llc
Moore Timothy R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roco Development 2906 Llc $741,750
Previous Owner Crayton Kevin $618,750
Previous Owner Cookson William $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2021 06/17/21 Sold $995,000 0.0% $256 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $994,900 -- $256 / 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 $9,565 $951,600 $348,700 $602,900
2024 $9,565 $933,400 $327,400 $606,000
2023 $9,565 $860,100 $291,800 $568,300
2022 $8,824 $916,200 $334,200 $582,000
2021 $8,778 $699,300 $221,400 $477,900
2019 $6,368 $661,300 $183,800 $477,500
2018 $6,981 $490,400 $162,900 $327,500
2017 $6,076 $442,300 $140,900 $301,400
2016 $5,956 $355,200 $97,200 $258,000
2014 $5,024 $342,900 $90,900 $252,000
2013 $5,024 $315,000 $76,700 $238,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1753647

Northwest Multiple Listing Service (NWMLS)

APN: 229000-0210