NOT LISTED FOR SALE

318 126th St S Tacoma, WA 98444

Estimated Value: $146,000 - $164,000

0.17 Acre
$913,664 Price per Acre
7,500 Sq Ft Lot

Last Sold August 16, 2023

Last sale price $150,000 $203 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,141/month

Highlights

  • No HOA
  • Open Space
  • Level Lot

About This Lot

As of August 2023

Prime vacant land opportunity! This spacious lot is ready to bring your vision to life. With utilities conveniently on-site, your dream project is one step closer to reality. Located just blocks away from PLU, convenience meets potential. Zoned for multi-use, this versatile gem is ideal for crafting your perfect single-family haven or a lucrative multifamily venture. Don't miss out on this canvas of possibilities.

Last Agent to Sell the Property

Jesse Nelson

Terrafin License #110465 Listed on: 08/05/2023

Terrafin

Last Buyer's Agent

Jesse Nelson

Terrafin License #110465 Listed on: 08/05/2023

Terrafin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2147817

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,403

Lot Details

  • 7,500 Sq Ft Lot
  • Open Space
  • Level Lot
  • Zoning described as TCTR

Community Details

  • No Home Owners Association
  • Parkland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6762001550

Property Details

Property Type

Land

Est. Annual Taxes

$3,403

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 40 - Res-Less thn 1 Ac
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Possible Use: Business, Multi-Family, Office, Residential, Retail
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Lot Features: Open Space, Paved
  • Road Surface Type: Gravel, Paved
  • View: No
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: Gravel,Paved

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: On Property
  • Water Source: On Property
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: Yes
  • Utilities: Natural Gas Available, Electricity Connected
  • ElectricityStatus: On Property
  • GasStatus: On Property

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Franklin Pierce

Lot Info

  • Parcel Number: 6762001550
  • Topography: Level,Sloped
  • Lot Size Acres: 0.1722
  • Lot Size Sq Ft: 7500
  • Zoning Description: TCTR
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: County
  • ZoningClass: Business,Multi-Family,Office,Residential,Retail

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2023
Closed on
Aug 15, 2023
Sold by
Luna Jason L
Bought by
318 Parkland Llc
Seller's Agent
Jesse Nelson
Terrafin
Buyer's Agent
Jesse Nelson
Terrafin
List Price
$140,000
Sold Price
$150,000
Premium/Discount to List
$10,000
7.14%
Views
18
Current Estimated Value
$157,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,333
Avg. Annual Appreciation
2.06%

Purchase Details

Listed on
Sep 8, 2014
Closed on
Apr 25, 2015
Sold by
Chappell Jeremy P and Chappell Amanda L
Bought by
Luna Jason
Seller's Agent
Zach Entwistle
Keller Williams Rty Tacoma
Buyer's Agent
Paulette Pedersen
Berkshire Hathaway HS NW
List Price
$175,000
Sold Price
$129,000
Premium/Discount to List
-$46,000
-26.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.83%
Original Mortgage
$103,200
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 8, 2014
Closed on
Apr 6, 2015
Sold by
Luna Michelle H and Luna Jason L
Bought by
Luna Jason L
Seller's Agent
Zach Entwistle
Keller Williams Rty Tacoma
Buyer's Agent
Paulette Pedersen
Berkshire Hathaway HS NW
List Price
$175,000
Sold Price
$129,000
Premium/Discount to List
-$46,000
-26.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,200
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2007
Sold by
Chappell Amanda L
Bought by
Chappell Jeremy P and Chappell Amanda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,400
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2004
Sold by
Chappell Jeremy
Bought by
Chappell Amanda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 1999
Sold by
Stangland Erma
Bought by
Faires David C and Faires Ann Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
7.56%

Purchase Details

Closed on
May 16, 1995
Sold by
Freeman Shirley
Bought by
Stangland Erma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,620
Interest Rate
8.32%

Purchase Details

Closed on
Jan 20, 1994
Sold by
Davey Ralph R
Bought by
Freeman Shirley J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
7.16%
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
318 Parkland Llc $150,000 Fidelity National Title
Luna Jason $128,719 Attorneys Title Of Wa Inc
Luna Jason L -- Attorneys Title Of Wa Inc
Chappell Jeremy P -- Transnation Title Ins Co
Chappell Amanda L -- Ticor Title Of Wa Inc
Chappell Amanda L $130,000 Ticor Title Of Wa Inc
Faires David C $72,000 --
Stangland Erma $70,000 --
Freeman Shirley J -- Rainier Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 318 Parkland Llc $966,200
Previous Owner Luna Jason $103,200
Previous Owner Chappell Jeremy P $170,400
Previous Owner Chappell Amanda L $104,000
Previous Owner Faires David C $57,600
Previous Owner Stangland Erma $45,620
Previous Owner Freeman Shirley J $51,000
Closed Chappell Amanda L $26,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2023 08/16/23 Sold $150,000 +7.1% $203 / Sq Ft
08/05/2023 08/05/23 Pending -- -- --
08/05/2023 08/05/23 For Sale $140,000 +8.5% $190 / Sq Ft
04/29/2015 04/29/15 Sold $129,000 +7.5% $118 / Sq Ft
01/03/2015 01/03/15 Pending -- -- --
12/29/2014 12/29/14 Price Changed $120,000 -4.0% $110 / Sq Ft
12/14/2014 12/14/14 Price Changed $125,000 -7.4% $115 / Sq Ft
12/04/2014 12/04/14 Price Changed $135,000 -6.9% $124 / Sq Ft
11/23/2014 11/23/14 Price Changed $145,000 -6.5% $133 / Sq Ft
10/29/2014 10/29/14 Price Changed $155,000 -3.1% $142 / Sq Ft
10/21/2014 10/21/14 Price Changed $160,000 -4.5% $147 / Sq Ft
09/24/2014 09/24/14 Price Changed $167,500 -4.3% $154 / Sq Ft
09/08/2014 09/08/14 For Sale $175,000 -- $161 / 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 $3,403 $158,500 $158,500 --
2024 $3,403 $143,200 $143,200 --
2023 $3,403 $154,700 $154,700 $157,300
2022 $3,354 $315,100 $154,700 $160,400
2021 $2,951 $218,300 $89,700 $128,600
2019 $2,379 $197,600 $76,000 $121,600
2018 $2,694 $181,800 $68,200 $113,600
2017 $2,445 $157,100 $57,200 $99,900
2016 $1,987 $110,100 $43,500 $66,600
2014 -- $102,500 $42,600 $59,900
2013 -- $92,700 $37,300 $55,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2147817

Northwest Multiple Listing Service (NWMLS)

APN: 676200-1550