NOT LISTED FOR SALE

Estimated Value: $983,000 - $1,051,312

8 Beds
4 Baths
3,780 Sq Ft
$269/Sq Ft Est. Value

Last Sold February 28, 2017

Last sale price $545,000 $144 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $6,189/month

51 Days on Market

Highlights

  • City View
  • Corner Lot
  • Property is in very good condition
  • Softwood Flooring
  • Thermal Windows
  • Partially Fenced Property

About This Home

As of February 2017

Wonderful 4-plex! Building had a fire in 2006 and was rebuilt in 2008. Rebuilt and remodeled with permits. Hardy-plank siding and composition roof installed. Updated plumbing and electrical were installed, as well as all new sheet rock and surfaces. The apartments have all appliances, microwaves, garbage disposals, refrigerators, washers and dryers. Large storage closets. Low maintenance landscaping, and five off-street parking spaces . Great investment!

Last Agent to Sell the Property

Lisa Easley

Coldwell Banker Bain License #25665 Listed on: 11/17/2016

Coldwell Banker Bain

Last Buyer's Agent

June Akiyama

John L. Scott, Inc. License #27357

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1053888

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,722

Year Built

  • Built in 1979

Lot Details

  • 6,098 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot
  • Property is in very good condition

Property Views

  • City
  • Mountain
  • Territorial

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 3,780 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Softwood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 5 Parking Spaces
  • Open Parking

Utilities

  • Cable TV Available

Community Details

  • Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2083070011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,722

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: 3780
  • EffectiveYearBuiltSource: See Remarks
  • Special Features: None
  • Cumulative Days on Market: 321

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Softwood, Vinyl, Carpet
  • Interior Amenities: Fir/Softwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: City, Mountain(s), Territorial
  • Lot Features: Alley, Corner Lot, Curbs, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Foundation Details: Slab
  • Property Condition: Very Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 5

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: City of Tacoma
  • SewerCompany: City of Tacoma
  • WaterCompany: Tacoma PUD
  • WaterSewerGarbage: 4984

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 2083070011
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6098
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially
  • MLSLotSizeSource: Appraisal
  • ZoningClass: Multi-Family,Residential

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 9
  • LeasedItems: None
  • TotalMonthlyIncome: 4125

Multi Family

  • Gross Scheduled Income: 49488
  • Net Operating Income: 34595
  • Number Of Units Total: 4
  • Insurance Expense: 1461
  • Leasable Area: 3780
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2016
  • Tax Annual Amount: 4722

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2016
Closed on
Feb 24, 2017
Sold by
Souza Mary J
Bought by
Burlingame Investments Llc
Seller's Agent
Lisa Easley
Coldwell Banker Bain
Buyer's Agent
June Akiyama
John L. Scott, Inc.
List Price
$549,900
Sold Price
$545,000
Premium/Discount to List
-$4,900
-0.89%
Total Days on Market
51
Current Estimated Value
$1,017,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$472,156
Avg. Annual Appreciation
7.81%
Original Mortgage
$479,600
Outstanding Balance
$401,904
Interest Rate
4.12%
Mortgage Type
Seller Take Back
Estimated Equity
$612,527

Purchase Details

Closed on
May 29, 1998
Sold by
Malleysr Edward J
Bought by
Souza John and Souza Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,900
Interest Rate
7.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 6, 1995
Sold by
Glaser Family Ltd Partnership
Bought by
Malley Edward J and Malley Eva D

Purchase Details

Closed on
Aug 31, 1994
Sold by
Glaser Leonard G
Bought by
Malley Edward J and Malley Eva D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
8.65%
Source: Public Records

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Range of Values:

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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
Burlingame Investments Llc $544,719 Ticor Title
Souza John $194,287 --
Malley Edward J -- --
Malley Edward J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burlingame Investments Llc $479,600
Previous Owner Souza John $275,000
Previous Owner Souza John $116,900
Previous Owner Malley Edward J $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2017 02/28/17 Sold $545,000 -0.9% $144 / Sq Ft
01/09/2017 01/09/17 Pending -- -- --
11/18/2016 11/18/16 For Sale $549,900 -- $145 / 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 $9,495 $867,900 $176,900 $691,000
2023 $9,495 $853,800 $168,200 $685,600
2022 $8,029 $802,300 $175,000 $627,300
2021 $7,567 $602,700 $104,100 $498,600
2019 $6,121 $509,100 $87,100 $422,000
2018 $5,950 $471,400 $70,000 $401,400
2017 $5,255 $376,900 $58,300 $318,600
2016 $4,438 $280,100 $43,100 $237,000
2014 $3,966 $255,400 $42,500 $212,900
2013 $3,966 $234,200 $37,300 $196,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1053888

Northwest Multiple Listing Service (NWMLS)

APN: 208307-0011