Listed by eXp Realty, Bought with Rain Town Realty + JPAR
NOT LISTED FOR SALE

Estimated Value: $613,022

4 Beds
4 Baths
1,744 Sq Ft
$352/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $460,000 $264 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,787/month

8 Days on Market

Highlights

  • Territorial View
  • High Speed Internet
  • Partially Fenced Property
  • Ceramic Tile Flooring
  • Property is in very good condition
  • Wood Siding

About This Home

As of October 2020

Turn key income property.This cash cow property is amazing! Property underwent extensive renovation, now is fully rented and is amazing for absentee landlord. Minutes away from University of Puget Sound, UW, Tacoma Community College, Public transportation. Generous sized room, furnished kitchen w/granite countertop and SSA. On site washer/dryer. Parking in back. Great location! Minutes away from all the amenities.

Last Agent to Sell the Property

Dmitriy Zakharin

eXp Realty License #106265 Listed on: 09/09/2020

eXp Realty

Co-Listed By

Ekaterina Elkourie

WeLakeside License #93494

Last Buyer's Agent

Jonnie Mooney

Rain Town Realty + JPAR License #108505

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1681693

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,013

Year Built

  • Built in 1900

Lot Details

  • 3,756 Sq Ft Lot
  • Partially Fenced Property
  • Property is in very good condition

Home Design

  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1,744 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Laminate
  • Ceramic Tile

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Central Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 324500-333-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,013

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1900
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1744
  • EffectiveYearBuiltSource: See Remarks
  • Special Features: None
  • Cumulative Days on Market: 352

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Forced Air, Ceramic Tile, Laminate Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Property Condition: Very Good
  • Structure Type: Multi Family

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Security: FullyFenced
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: TPU
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Parcel Number: 324500-333-0
  • Lot Size Acres: 0.0862
  • Lot Size Sq Ft: 3756
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 9
  • LeasedItems: None
  • TotalMonthlyIncome: 3950

Multi Family

  • Gross Scheduled Income: 47400
  • Net Operating Income: 35432
  • Number Of Units Total: 6
  • Insurance Expense: 763
  • Leasable Area: 1744
  • EnergySource: Electric
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 5013

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2020
Closed on
Oct 29, 2020
Sold by
Thong Bob and Thong Bob B
Bought by
Kirkpatrick Dean and Bednarz Alexa
Seller's Agent
Dmitriy Zakharin
eXp Realty
Buyer's Agent
Jonnie Mooney
Rain Town Realty + JPAR
List Price
$449,000
Sold Price
$460,000
Premium/Discount to List
$11,000
2.45%
Current Estimated Value
$613,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,022
Avg. Annual Appreciation
5.13%
Original Mortgage
$437,000
Outstanding Balance
$390,638
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$193,798

Purchase Details

Closed on
Oct 26, 2016
Sold by
Deutsche Bank National Trust Company
Bought by
Thong Bob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,154
Interest Rate
4.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 28, 2004
Sold by
Huston Donald A
Bought by
Walden David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 19, 2000
Sold by
Lenz John E
Bought by
Huston Donald A and Huston Laima

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 13, 1997
Sold by
Hbl Inc
Bought by
Lenz John E and Lenz Ann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
7.58%
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
Kirkpatrick Dean $460,000 Ticor Title
Thong Bob $160,000 Nextitle
Walden David $220,000 Pnwt
Huston Donald A $209,411 First American Title Ins Co
Lenz John E $46,535 Commonwealth Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kirkpatrick Dean $437,000
Previous Owner Thong Bob B $400,000
Previous Owner Thong Bob $21,000
Previous Owner Thong Bob $147,154
Previous Owner Walden David A $65,919
Previous Owner 38Th & Tyler Llc $675,000
Previous Owner Walden David $176,000
Previous Owner Huston Donald A $144,000
Previous Owner Lenz John E $36,000
Closed Huston Donald A $18,000
Closed Walden David $33,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $460,000 +2.4% $264 / Sq Ft
09/17/2020 09/17/20 Pending -- -- --
09/09/2020 09/09/20 For Sale $449,000 -- $257 / 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 $5,350 $474,600 $231,800 $242,800
2024 $5,350 $480,800 $231,800 $249,000
2023 $5,350 $480,600 $231,800 $248,800
2022 $3,671 $367,700 $134,600 $233,100
2021 $3,659 $290,900 $117,200 $173,700
2019 $3,154 $266,800 $117,200 $149,600
2018 $3,335 $242,500 $106,500 $136,000
2017 $3,205 $211,000 $96,900 $114,100
2016 $3,295 $189,500 $78,300 $111,200
2014 $4,307 $189,500 $78,300 $111,200
2013 $4,307 $213,500 $78,300 $135,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1681693

Northwest Multiple Listing Service (NWMLS)

APN: 324500-3330