Listed by COMPASS, Bought with RE/MAX Northwest
NOT LISTED FOR SALE

304 152nd St E Tacoma, WA 98445

Estimated Value: $672,000 - $728,000

6 Beds
5 Baths
2,782 Sq Ft
$251/Sq Ft Est. Value

Last Sold December 16, 2021

Last sale price $650,000 $234 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,277/month

7 Days on Market

Highlights

  • Patio
  • High Speed Internet
  • Wall to Wall Carpet

About This Home

As of December 2021

Spacious units that are located within walking distance to recreation, schools, shopping and transportation. Three bedrooms, 2 1/2 bath, nearly 1400 sqft, plus 2 car garages. Great potential for increased rents with active management.

Last Agent to Sell the Property

Greg Garner

COMPASS License #8642 Listed on: 10/15/2021

COMPASS

Last Buyer's Agent

Karloc Paden

RE/MAX Northwest License #100374

RE/MAX Northwest

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1849223

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,357

Year Built

  • Built in 2005

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 82x151
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,782 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Additional Features

  • Patio
  • High Speed Internet

Community Details

  • Cultum"S Third Condos
  • Spanaway Subdivision

Listing and Financial Details

  • Legal Lot and Block 48-50 / 9
  • Assessor Parcel Number 3365300200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,357

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2005
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Cultum"s Third
  • New Construction: No
  • CalculatedSquareFootage: 2782
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: High Speed Internet, Sewer Connected, Electric
  • PowerCompany: Elmhurst Mutual
  • SewerCompany: Pierce County
  • WaterCompany: Spanaway Water
  • WaterSewerGarbage: 960

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Bethel

Lot Info

  • Parcel Number: 3365300200
  • Lot Size Acres: 0.2858
  • Lot Size: 82x151
  • Lot Size Sq Ft: 12450
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: High Speed Internet,Patio
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: County
  • ZoningClass: Residential
  • LotNumber: 48-50

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 2059
  • LeasedItems: None
  • TotalMonthlyIncome: 2650

Multi Family

  • Gross Scheduled Income: 31800
  • Net Operating Income: 21148
  • Number Of Units Total: 2
  • Insurance Expense: 1050
  • Leasable Area: 2782
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 1325

Tax Info

  • Year: 2021
  • Tax Annual Amount: 6357

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2023
Sold by
Lee Max and Lee Tina
Bought by
Aa Family Investment Firm Llc
Current Estimated Value
$699,423

Purchase Details

Listed on
Oct 15, 2021
Closed on
Nov 29, 2021
Sold by
Johnston Miriam and Lowe Casey R
Bought by
Lee Max and Lee Tina
Seller's Agent
Greg Garner
COMPASS
Buyer's Agent
Karloc Paden
RE/MAX Northwest
List Price
$655,000
Sold Price
$650,000
Premium/Discount to List
-$5,000
-0.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.95%
Original Mortgage
$487,500
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2008
Sold by
Lubbesmeyer Paul and Lubbesmeyer John
Bought by
Lowe Casey R and Johnston Miriam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,800
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 2005
Sold by
Landshapes Northwest Inc
Bought by
Lubbesmeyer Paul and Lubbesmeyer John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,200
Interest Rate
5.68%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 31, 2005
Sold by
Kaiser Linda
Bought by
Landshapes Northwest Inc
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
Aa Family Investment Firm Llc -- None Listed On Document
Lee Max $671,500 First American Title
Lowe Casey R $352,000 Chicago Title Insurance Co
Lubbesmeyer Paul -- Chicago Title Insurance Co
Landshapes Northwest Inc $65,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Max $487,500
Previous Owner Lowe Casey R $316,800
Previous Owner Lubbesmeyer Paul $241,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2021 12/16/21 Sold $650,000 -0.8% $234 / Sq Ft
11/11/2021 11/11/21 Price Changed $655,000 -1.5% $235 / Sq Ft
10/25/2021 10/25/21 Price Changed $665,000 +1.5% $239 / Sq Ft
10/22/2021 10/22/21 Pending -- -- --
10/15/2021 10/15/21 For Sale $655,000 -- $235 / 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 $6,825 $612,500 $196,500 $416,000
2024 $6,825 $618,500 $182,500 $436,000
2023 $6,825 $588,500 $166,600 $421,900
2022 $6,594 $600,900 $166,600 $434,300
2021 $6,357 $456,000 $98,700 $357,300
2019 $4,492 $409,700 $81,800 $327,900
2018 $4,792 $372,700 $74,500 $298,200
2017 $4,485 $308,700 $65,400 $243,300
2016 $4,081 $274,800 $56,300 $218,500
2014 $3,637 $243,400 $51,600 $191,800
2013 $3,637 $225,900 $43,200 $182,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1849223

Northwest Multiple Listing Service (NWMLS)

APN: 336530-0200