Listed by Better Properties N. Proctor, Bought with Windermere Abode
NOT LISTED FOR SALE

Estimated Value: $1,319,093

5 Beds
3 Baths
3,768 Sq Ft
$350/Sq Ft Est. Value

Last Sold August 24, 2020

Last sale price $941,000 $250 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $8,169/month

62 Days on Market

Highlights

  • Deck
  • Territorial View
  • Patio
  • Lowell Elementary School Rated A-
  • Wood Flooring
  • High Speed Internet

About This Home

As of August 2020

Rare opportunity to acquire a one-of-a-kind 1890 Brownstone Stadium district 4-plex! Exceptional architecture with grand 2 bdrm main level flat perfect for owner occupied living while still producing income. 3 upstairs studio apts or use as short-term rentals? Value-add large unfinished basement w/9+ft ceilings, over sized windows provide expansion for larger living space or create more units? Fantastic location with grocery, coffee, restaurants, park + future light rail all within a few blocks.

Last Agent to Sell the Property

William Cookson

Better Properties N. Proctor License #91688 Listed on: 04/17/2020

Last Buyer's Agent

Michael Duggan

Windermere Abode License #125494

Windermere Abode

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1590806

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,214

Year Built

  • Built in 1890

Lot Details

  • 3,250 Sq Ft Lot
  • Partially Fenced Property
  • Property is in very good condition

Property Views

  • Territorial
  • Limited

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Bitumen Roof
  • Stone Siding

Interior Spaces

  • 3,768 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Outdoor Features

  • Deck
  • Patio

Schools

  • Lowell Elementary School
  • Jasonlee Middle School
  • Stadium High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Stadium District Subdivision

Listing and Financial Details

  • Legal Lot and Block 3 / 3316
  • Assessor Parcel Number 2033160020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,214

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1890
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3768
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 414

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,Storage

Exterior Features

  • Roof: Torch Down
  • View: Partial, Territorial
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Stone
  • Foundation Details: See Remarks
  • Property Condition: Very Good
  • Structure Type: Quadruplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: TPU
  • WaterSewerGarbage: 3850

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Fee Information

  • Annual Fuel Expense: 1800

Schools

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

Lot Info

  • Parcel Number: 2033160020
  • Lot Size Acres: 0.0746
  • Lot Size Sq Ft: 3250
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 3

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: Water Tank
  • TotalMonthlyIncome: 4660

Multi Family

  • Gross Scheduled Income: 55920
  • Net Operating Income: 39706
  • Number Of Units Total: 4
  • Electric Expense: 1150
  • Insurance Expense: 2000
  • Leasable Area: 2512
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2019
  • Tax Annual Amount: 6214

MLS Schools

  • Elementary School: Lowell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2020
Closed on
Aug 18, 2020
Sold by
Cookson William J
Bought by
Swinehart Caroline and Struthers Noah
Seller's Agent
William Cookson
Better Properties N. Proctor
Buyer's Agent
Michael Duggan
Windermere Abode
List Price
$1,050,000
Sold Price
$941,000
Premium/Discount to List
-$109,000
-10.38%
Current Estimated Value
$1,319,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,093
Avg. Annual Appreciation
6.84%
Original Mortgage
$705,750
Outstanding Balance
$630,260
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$679,813

Purchase Details

Closed on
Dec 22, 2004
Sold by
Cookson William J
Bought by
Cookson William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 1999
Sold by
Mauck Jarrell F
Bought by
Cookson William J and Cookson William S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,000
Interest Rate
7.56%
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
Swinehart Caroline $941,000 Fidelity National Title
Cookson William J $90,994 Lawyers Title Agency Of Sout
Cookson William J $225,000 Chicago Title Insurance Co
Mauck Jarrell F -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swinehart Caroline $705,750
Previous Owner Cookson William J $56,000
Previous Owner Cookson William J $390,000
Previous Owner Cookson William J $26,000
Previous Owner Cookson William J $62,000
Previous Owner Cookson William J $280,000
Previous Owner Cookson William J $193,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2020 08/24/20 Sold $941,000 -0.8% $250 / Sq Ft
06/18/2020 06/18/20 Pending -- -- --
06/04/2020 06/04/20 Price Changed $949,000 -4.9% $252 / Sq Ft
05/12/2020 05/12/20 Price Changed $998,000 -5.0% $265 / Sq Ft
04/17/2020 04/17/20 For Sale $1,050,000 -- $279 / 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 $11,773 $1,098,300 $377,300 $721,000
2024 $11,773 $1,082,200 $351,700 $730,500
2023 $11,773 $1,058,900 $326,100 $732,800
2022 $8,797 $954,900 $345,200 $609,700
2021 $7,245 $577,000 $235,000 $342,000
2019 $6,213 $518,400 $216,700 $301,700
2018 $6,202 $478,500 $213,000 $265,500
2017 $5,810 $392,900 $127,000 $265,900
2016 $5,717 $319,800 $100,200 $219,600
2014 $4,941 $329,100 $103,600 $225,500
2013 $4,941 $293,600 $85,500 $208,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1590806

Northwest Multiple Listing Service (NWMLS)

APN: 203316-0020