NOT LISTED FOR SALE

Estimated Value: $954,000 - $1,004,476

8 Beds
4 Baths
3,008 Sq Ft
$326/Sq Ft Est. Value

Last Sold April 17, 2018

Last sale price $610,000 $203 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $6,243/month

6 Days on Market

Highlights

  • Views of a Sound
  • Wood Siding
  • 4-minute walk to McKinley Park
  • Deck
  • Wall to Wall Carpet

About This Home

As of April 2018

4-Plex: 7.4% current cap rate, 9% @ market rents. This is a solid, turn-key property with upside potential. Views of downtown Tacoma and Commencement Bay; newer roof, systems, and interiors. Units are 2bed/1bath with individual washer/dryers; very well-maintained with good tenants in place. Close to downtown, shopping, public transit, & quick access to I-5.

Last Agent to Sell the Property

Charles Burnett

Keller Williams Seattle Metro License #50261 Listed on: 11/02/2017

Keller Williams Seattle Metro

Last Buyer's Agent

Katie Silver

Keller Williams Realty Bothell License #112030

Keller Williams Realty Bothell

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1209533

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,417

Year Built

  • Built in 1979

Lot Details

  • 8,000 Sq Ft Lot
  • Lot Dimensions are 90 x 100
  • Property is in good condition

Property Views

  • Views of a Sound
  • City Views

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 3,008 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Community Details

  • Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2052220021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,417

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1979
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3008
  • Special Features: VirtualTour
  • Cumulative Days on Market: 285

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: City, Sound
  • Lot Features: Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: TPU
  • WaterSewerGarbage: 3840

Schools

  • Junior High Dist: Tacoma
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 2052220021
  • Lot Size Acres: 0.1837
  • Lot Size: 90 x 100
  • Lot Size Sq Ft: 8000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10
  • LeasedItems: None
  • TotalMonthlyIncome: 4595

Multi Family

  • Gross Scheduled Income: 55140
  • Net Operating Income: 40897
  • Number Of Units Total: 4
  • Insurance Expense: 900
  • Leasable Area: 3008
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2017
  • Tax Annual Amount: 4417

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2021
Sold by
Vanoverbeek Peter F and Vanoverbeek Van Overbeek
Bought by
Tacvo 3205 Llc
Total Days on Market
6
Current Estimated Value
$979,238

Purchase Details

Closed on
Dec 1, 2020
Sold by
Pacific Pad Llc
Bought by
Vanoverbeek Peter F and Vanoverbeek Van Overbeek

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$587,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 2, 2017
Closed on
Apr 13, 2018
Sold by
Wong Agnes Lok Ki and Mccue Patrick J
Bought by
Pacific Pad Llc
Seller's Agent
Charles Burnett
Keller Williams Seattle Metro
Buyer's Agent
Katie Silver
Keller Williams Realty Bothell
List Price
$550,000
Sold Price
$610,000
Premium/Discount to List
$60,000
10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.82%
Original Mortgage
$457,500
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 2, 2017
Closed on
Apr 10, 2018
Sold by
Big Rooster Investments Llc
Bought by
Mccue Patrick J and Wong Agnes Lok Ki
Seller's Agent
Charles Burnett
Keller Williams Seattle Metro
Buyer's Agent
Katie Silver
Keller Williams Realty Bothell
List Price
$550,000
Sold Price
$610,000
Premium/Discount to List
$60,000
10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,500
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2017
Sold by
Haglund Carl R
Bought by
Big Rooster Investments Llc

Purchase Details

Closed on
Oct 28, 2016
Sold by
Zhong Lily
Bought by
Haglund Carl

Purchase Details

Closed on
Jun 12, 2014
Sold by
I Street Llc
Bought by
Zhong Lily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000
Interest Rate
4.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 28, 2006
Sold by
Columbia City Condos #1
Bought by
I Street Llc

Purchase Details

Closed on
Oct 10, 2006
Sold by
Haglund Carl
Bought by
Columbia City Condos #1 Llc

Purchase Details

Closed on
Aug 5, 2004
Sold by
Haglund Victor
Bought by
Haglund Carl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
4.55%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 28, 2004
Sold by
Haglund Joyce R
Bought by
Haglund Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
4.55%
Mortgage Type
Commercial
Source: Public Records

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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
Tacvo 3205 Llc -- None Available
Vanoverbeek Peter F $783,000 Rainier Title
Pacific Pad Llc -- None Available
Mccue Patrick J $609,719 Fidelity National Title
Big Rooster Investments Llc -- None Available
Haglund Carl $399,719 F A T C O
Zhong Lily $239,719 First American Title Ins Co
I Street Llc -- None Available
Columbia City Condos #1 Llc -- None Available
Haglund Carl $29,653 Pnwt
Haglund Victor -- Pnwt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vanoverbeek Peter F $587,250
Previous Owner Mccue Patrick J $457,500
Previous Owner Zhong Lily $2,000
Previous Owner Haglund Carl $196,000
Previous Owner Haglund Carl $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2018 04/17/18 Sold $610,000 +10.9% $203 / Sq Ft
11/09/2017 11/09/17 Pending -- -- --
11/02/2017 11/02/17 For Sale $550,000 -- $183 / 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
2024 $9,204 $872,500 $223,300 $649,200
2023 $9,204 $827,600 $208,000 $619,600
2022 $8,179 $812,900 $219,800 $593,100
2021 $7,398 $589,200 $137,400 $451,800
2019 $5,912 $495,500 $114,500 $381,000
2018 $5,209 $455,300 $91,600 $363,700
2017 $4,417 $329,900 $71,200 $258,700
2016 $3,678 $224,200 $53,000 $171,200
2014 $3,043 $211,600 $51,400 $160,200
2013 $3,043 $181,900 $45,100 $136,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1209533

Northwest Multiple Listing Service (NWMLS)

APN: 208222-0021