Listed by Skyline Properties, Inc., Bought with Coldwell Banker Danforth
NOT LISTED FOR SALE

Estimated Value: $558,000 - $716,000

3 Beds
2 Baths
2,188 Sq Ft
$286/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $490,000 $224 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,797/month

26 Days on Market

Highlights

  • Engineered Wood Flooring
  • Wood Siding
  • 5-minute walk to Franklin Park

About This Home

As of December 2020

Amazing spacious duplex in great Tacoma neighborhood close to Pine district and UPS . Easy access to freeway and conveniently located close to shopping, entertainment , hospitals, and dining. Covered front porch with separate entrances. Lots of upgraded features including each unit with its own furnace. Ample parking and a 2 car garage. Fenced yard and on a large corner lot. Great income producing property that has been well taken care of. Excellent investment opportunity .

Last Agent to Sell the Property

Jeff Pollock

Skyline Properties, Inc. License #22007235 Listed on: 10/21/2020

Skyline Properties, Inc.

Last Buyer's Agent

Zachary Schon

Coldwell Banker Danforth License #24011169

Coldwell Banker Danforth

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1680312

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,760

Year Built

  • Built in 1920

Lot Details

  • 9,000 Sq Ft Lot
  • Property is in good condition

Home Design

  • Duplex
  • Block Foundation
  • Composition Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 2,188 Sq Ft Home
  • 2-Story Property

Flooring

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

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Utilities

  • Natural Gas Connected

Community Details

  • Central Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3245006990

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,760

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1920
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2188
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl, Wood
  • Foundation Details: Block
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: tpu
  • SewerCompany: tpu
  • WaterCompany: tpu
  • WaterSewerGarbage: 2258

Schools

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

Lot Info

  • Parcel Number: 3245006990
  • Lot Size Acres: 0.2066
  • Lot Size Sq Ft: 9000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: assessor
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 20
  • LeasedItems: None
  • TotalMonthlyIncome: 2000

Multi Family

  • Gross Scheduled Income: 24000
  • Net Operating Income: 16219
  • Number Of Units Total: 2
  • Insurance Expense: 763
  • Leasable Area: 2188
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 4760

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
Dec 17, 2020
Sold by
Ladenburg David B and Ladenburg Diane M
Bought by
Stout Jenessa and Stout Cordell
Seller's Agent
Jeff Pollock
Skyline Properties, Inc.
Buyer's Agent
Zachary Schon
Coldwell Banker Danforth
List Price
$489,500
Sold Price
$490,000
Premium/Discount to List
$500
0.1%
Current Estimated Value
$625,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,581
Avg. Annual Appreciation
5.21%
Original Mortgage
$473,646
Outstanding Balance
$421,686
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$203,895

Purchase Details

Closed on
Mar 21, 2006
Sold by
Smith James G
Bought by
Ladenburg David B and Ladenburg 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
$236,000
Interest Rate
6.18%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 23, 2002
Sold by
Battenberg Steven R
Bought by
Smith James G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,199
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 1997
Sold by
Hanners Dwight E
Bought by
Battenberg Steven R and Battenberg Deborah E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
10.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 1994
Sold by
Shearer Harvey
Bought by
Hanners Dwight E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,050
Interest Rate
8.8%
Mortgage Type
Purchase Money Mortgage
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
Stout Jenessa $490,000 Fidelity National Title
Ladenburg David B $295,000 Lawyers Title Agency Of Sout
Smith James G $161,498 Rainier Title Company
Battenberg Steven R $125,000 --
Hanners Dwight E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stout Jenessa $473,646
Previous Owner Ladenburg David B $236,000
Previous Owner Smith James G $129,199
Previous Owner Battenberg Steven R $100,000
Previous Owner Hanners Dwight E $85,050
Closed Battenberg Steven R $12,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2020 12/18/20 Sold $490,000 +0.1% $224 / Sq Ft
11/16/2020 11/16/20 Pending -- -- --
10/21/2020 10/21/20 For Sale $489,500 -- $224 / 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 $5,755 $555,400 $260,100 $295,300
2024 $5,755 $551,100 $252,500 $298,600
2023 $5,755 $517,100 $235,600 $281,500
2022 $5,191 $532,500 $249,800 $282,700
2021 $4,847 $385,700 $147,100 $238,600
2019 $3,981 $351,100 $117,800 $233,300
2018 $4,087 $306,300 $99,000 $207,300
2017 $3,723 $258,700 $81,800 $176,900
2016 $3,555 $216,700 $62,200 $154,500
2014 $3,190 $204,500 $55,600 $148,900
2013 $3,190 $189,300 $49,100 $140,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1680312

Northwest Multiple Listing Service (NWMLS)

APN: 324500-6990