Listed by Lake & Company, Bought with MacGregor & Forbes LLC
NOT LISTED FOR SALE

Estimated Value: $749,000 - $771,000

3 Beds
2 Baths
2,338 Sq Ft
$326/Sq Ft Est. Value

Last Sold July 10, 2018

Last sale price $445,000 $190 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,636/month

17 Days on Market

Highlights

  • Territorial View
  • Property is Fully Fenced
  • Wood Siding
  • Stadium High School Rated A-

About This Home

As of July 2018

Great investment opportunity for this charming North Tacoma duplex with grandfathered-in 3rd unit three blocks from UPS. Each separately metered (gas/elec) unit features a washer/dryer and all appliances are included. Current tenants want to stay and are on m2m leases. 1 unit on each floor of the main house, plus a detached updated third unit off the alley with 2 uncovered off street parking spaces, all sharing a fenced yard with space for gardening. Walkscore 80 in this incredible location!

Last Agent to Sell the Property

Chris Randall

Lake & Company License #113817 Listed on: 04/18/2018

Lake & Company

Last Buyer's Agent

Marguerite Mattingly

MacGregor & Forbes LLC License #5281

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1275790

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,740

Year Built

  • Built in 1906

Lot Details

  • 6,000 Sq Ft Lot
  • Property is Fully Fenced
  • Property is in average condition

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,338 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Parking

  • 2 Parking Spaces
  • Open Parking

Community Details

  • Ups Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3245001290

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,740

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1906
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2338
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 353

Interior Features

  • Fireplace: No
  • Interior Amenities: Forced Air
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Alley, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced, FullyFenced
  • Heating Yn: Yes
  • Utilities: Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: Tacoma Public Utilities
  • SewerCompany: Tacoma Public Utilities
  • WaterCompany: Tacoma Public Utilities
  • WaterSewerGarbage: 3480

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 3245001290
  • Lot Size Acres: 0.1377
  • Lot Size Sq Ft: 6000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,Fenced-Partially,Gas Available
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 2350

Multi Family

  • Gross Scheduled Income: 28200
  • Net Operating Income: 16418
  • Number Of Units Total: 3
  • Insurance Expense: 1312
  • Leasable Area: 2338
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 4740

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2023
Sold by
Warren Ian
Bought by
Neo Say Jin and Lim Kai Gwendolyn
Current Estimated Value
$740,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,250
Outstanding Balance
$525,590
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$213,496

Purchase Details

Listed on
Apr 18, 2018
Closed on
Jun 26, 2018
Sold by
Nelson Britt and Sds Property Services Llc
Bought by
Warren Ian
Seller's Agent
Chris Randall
Lake & Company
Buyer's Agent
Marguerite Mattingly
MacGregor & Forbes LLC
List Price
$419,900
Sold Price
$445,000
Premium/Discount to List
$25,100
5.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.42%
Original Mortgage
$356,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 18, 2018
Closed on
Jun 14, 2018
Sold by
Nelson Patrick Mark and Nelson Rolland D
Bought by
Nelson Britt and Barbara Lord Nelson Living Tru
Seller's Agent
Chris Randall
Lake & Company
Buyer's Agent
Marguerite Mattingly
MacGregor & Forbes LLC
List Price
$419,900
Sold Price
$445,000
Premium/Discount to List
$25,100
5.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2018
Sold by
Nelson Britt
Bought by
Sds Property Services Llc

Purchase Details

Closed on
Jul 23, 2001
Sold by
Nelson Barbara L and Nelson Barbara Lord
Bought by
Nelson Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
7.21%
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
Neo Say Jin $715,000 Puget Sound Title Company
Warren Ian $444,719 Puget Sound Title
Nelson Britt -- Accommodation
Sds Property Services Llc -- Accommodation
Nelson Britt -- Accommodation
Nelson Barbara -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neo Say Jin $536,250
Previous Owner Warren Ian $354,800
Previous Owner Warren Ian $356,000
Previous Owner Nelson Barbara $156,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2018 07/10/18 Sold $445,000 +6.0% $190 / Sq Ft
05/05/2018 05/05/18 Pending -- -- --
05/02/2018 05/02/18 For Sale $419,900 0.0% $180 / Sq Ft
04/26/2018 04/26/18 Pending -- -- --
04/18/2018 04/18/18 For Sale $419,900 -- $180 / 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 $6,974 $687,000 $355,100 $331,900
2024 $6,974 $682,600 $333,400 $349,200
2023 $6,974 $626,800 $297,100 $329,700
2022 $6,252 $646,800 $341,400 $305,400
2021 $6,055 $482,100 $226,200 $255,900
2019 $5,282 $440,600 $187,800 $252,800
2018 $5,483 $406,700 $166,400 $240,300
2017 $4,740 $347,300 $144,500 $202,800
2016 $4,603 $274,800 $99,600 $175,200
2014 $3,882 $264,900 $93,200 $171,700
2013 $3,882 $240,600 $78,600 $162,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1275790

Northwest Multiple Listing Service (NWMLS)

APN: 324500-1290