NOT LISTED FOR SALE

3301 S Asotin St Unit A-D Tacoma, WA 98418

South End Neighborhood

Estimated Value: $685,445 - $791,000

8 Beds
4 Baths
3,176 Sq Ft
$232/Sq Ft Est. Value

Last Sold July 21, 2017

Last sale price $380,000 $120 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $4,772/month

7 Days on Market

Highlights

  • Views of a Sound
  • High Speed Internet
  • Wall to Wall Carpet
  • Corner Lot
  • Wood Siding

About This Home

As of July 2017

Looking for an investment opportunity? Nice 4-Plex centrally located. Each unit accommodates 2 bedrooms and 1 bathroom; upper units enjoy city and territorial views. Minutes from downtown & Lincoln Park. Tremendous cash flow opportunity. Buyers to verify all information.
To be sold "as is". Seller will make no repairs.

Lynn Lackey

Great NW Real Estate LLC License #24400 Listed on: 06/13/2017

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1143247

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,731

Year Built

  • Built in 1979

Lot Details

  • 5,227 Sq Ft Lot
  • Corner Lot
  • Property is in good condition

Property Views

  • Views of a Sound
  • Mountain
  • Territorial

Home Design

  • Quadruplex
  • Block Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,176 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • South Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 298000-065-1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,731

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: 2.25
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3176
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 283

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Sound, Territorial
  • Lot Features: Alley, Corner Lot, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Block
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: TPU
  • WaterCompany: TPU
  • WaterSewerGarbage: 4800

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 298000-065-1
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet
  • MLSLotSizeSource: Tax Records
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 8
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Multi Family

  • Gross Scheduled Income: 40800
  • Net Operating Income: 24289
  • Number Of Units Total: 4
  • Electric Expense: 1200
  • Insurance Expense: 2400
  • Leasable Area: 3176
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2017
  • Tax Annual Amount: 3731

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2017
Closed on
Jul 20, 2017
Sold by
Tinsman Brian R
Bought by
Laird Harrison and Laird Margaret
Buyer's Agent
Lynn Lackey
Great NW Real Estate LLC
List Price
$360,000
Sold Price
$380,000
Premium/Discount to List
$20,000
5.56%
Total Days on Market
7
Current Estimated Value
$738,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,223
Avg. Annual Appreciation
10.22%
Original Mortgage
$285,000
Interest Rate
3.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 16, 2016
Sold by
Tinsman Amy A and Tinsman Brian R
Bought by
Tinsman Brian R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,800
Interest Rate
3.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 27, 2015
Sold by
Lincoln Rock Llc
Bought by
Tinsman Brian R

Purchase Details

Closed on
Sep 1, 2009
Sold by
Tinsman Brian R
Bought by
Lincoln Rock Llc

Purchase Details

Closed on
Apr 16, 2008
Sold by
Tinsman Amy Alexandra
Bought by
Tinsman Brian R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 27, 2008
Sold by
Harris Teri
Bought by
Tinsman Brian and Tinsman Brian R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 20, 2007
Sold by
Bohn Derek and Ablott Kate
Bought by
Harris Teri and Bohn 3301 Asotin Street Tacoma Living Tr

Purchase Details

Closed on
Dec 28, 2005
Sold by
Keel Stachowiak Kimberly J
Bought by
Bohn Derek and Ablott Kate

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,200
Interest Rate
7.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 22, 2004
Sold by
Stachowiak Vincent L
Bought by
Keel Stachowiak Vincent L and Keel Stachowiak Kimberly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
7.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 23, 1999
Sold by
Family Mtg Services Corp #13
Bought by
Stachowiak Vincent L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,100
Interest Rate
7.69%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 20, 1999
Sold by
Stachowiak Kimberly
Bought by
Stachowiak Vincent L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,100
Interest Rate
7.69%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 19, 1999
Sold by
Murray R Gerry
Bought by
Family Mtg Services Corp #13

Purchase Details

Closed on
Oct 31, 1997
Sold by
Lemon Wilbur C
Bought by
Murray R Gerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,375
Interest Rate
7.26%
Mortgage Type
Commercial

Purchase Details

Closed on
May 11, 1995
Sold by
Lemon Wilbur C
Bought by
Lemon Wilbur C and Lemon Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
8.51%
Mortgage Type
Commercial
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
Laird Harrison $379,719 F A T C O
Tinsman Brian R -- First American Title Ins Co
Tinsman Brian R -- First American Title Ins Co
Lincoln Rock Llc -- None Available
Tinsman Brian R -- Talon Group
Tinsman Brian $300,000 Talon Group
Harris Teri -- None Available
Bohn Derek $339,000 Rtc
Keel Stachowiak Vincent L -- Rainier Title Company
Stachowiak Vincent L $173,346 --
Stachowiak Vincent L -- --
Family Mtg Services Corp #13 $129,862 --
Murray R Gerry $464,009 Chicago Title Insurance Co
Lemon Wilbur C -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laird Harrison N $442,400
Closed Laird Harrison M $100,000
Closed Laird Harrison $285,000
Previous Owner Tinsman Brian R $193,800
Previous Owner Tinsman Brian $210,000
Previous Owner Ablott Kate $79,800
Previous Owner Bohn Derek $271,200
Previous Owner Bohn Derek $67,800
Previous Owner Keel Stachowiak Vincent L $192,000
Previous Owner Stachowiak Vincent L $134,100
Previous Owner Murray R Gerry $92,375
Previous Owner Lemon Wilbur C $94,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2017 07/21/17 Sold $380,000 +5.6% $120 / Sq Ft
06/21/2017 06/21/17 Pending -- -- --
06/13/2017 06/13/17 For Sale $360,000 -- $113 / 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 $7,722 $770,700 $195,300 $575,400
2023 $7,722 $694,200 $183,400 $510,800
2022 $6,983 $711,700 $179,000 $532,700
2021 $6,571 $523,200 $103,200 $420,000
2019 $4,628 $449,900 $89,900 $360,000
2018 $4,310 $356,200 $78,200 $278,000
2017 $3,731 $272,900 $50,900 $222,000
2016 $3,579 $220,500 $41,300 $179,200
2014 $3,171 $205,900 $40,200 $165,700
2013 $3,171 $190,200 $36,800 $153,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1143247

Northwest Multiple Listing Service (NWMLS)

APN: 298000-0651