Listed by Toril Sells Houses Team, Bought with Best Choice Realty LLC
$520,000
SOLD AUG 13, 2018

3325 S Asotin St Unit A-D Tacoma, WA 98418

South End Neighborhood
-- Bed
-- Bath
3,176 Sq Ft
6,050 Sq Ft Lot

Recently Sold

$164 Per Sq Ft

5% Below List Price

10 Days on Market

Highlights

  • Territorial View
  • Wood Siding
  • Vinyl Flooring
  • Thermal Windows

About This Home

As of December 2020

Opportunity to own a fourplex in sought after Tacoma as owner-occupant. 3 of units are month-to-month. Most units are upgraded within past few years. Close to I-5, shopping, transit and restaurants. Great investment opportunity. $10,000 roof credit toward buyers closing costs. Nice parking lot for tenants. Located close to park/play area.

Last Agent to Sell the Property

Toril Schoepfer

Toril Sells Houses Team License #23304 Listed on: 06/05/2018

Co-Listed By

Lisa Hudson

Toril Sells Houses Team License #26171

Last Buyer's Agent

Sridhar Devineni

Best Choice Realty LLC License #114580

Best Choice Realty LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1305954

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,854

Year Built

  • Built in 1979

Lot Details

  • 6,050 Sq Ft Lot

Home Design

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

Interior Spaces

  • 3,176 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Laminate
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Community Details

  • Lincoln Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2980000664

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,854

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: 2.75
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3176
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 316

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Alley, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • 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
  • WaterCompany: tpu
  • WaterSewerGarbage: 3840

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 2980000664
  • Lot Size Acres: 0.1389
  • Lot Size Sq Ft: 6050
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Assessor
  • ZoningClass: Multi-Family,Residential

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 4195

Multi Family

  • Gross Scheduled Income: 50340
  • Net Operating Income: 40745
  • Number Of Units Total: 4
  • Insurance Expense: 900
  • Leasable Area: 3176
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2018
  • Tax Annual Amount: 4854

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2020
Closed on
Nov 27, 2020
Sold by
Madhavaneni Srikar and Kalakuntla Sravani
Bought by
Abburi Srinivasa Rao and Pemmasani Anantha Lakshmi
Seller's Agent
Sridhar Devineni
Best Choice Realty LLC
Buyer's Agent
Sridhar Devineni
Best Choice Realty LLC
List Price
$642,500
Sold Price
$642,500
Total Days on Market
10
Current Estimated Value
$875,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,153
Avg. Annual Appreciation
8.13%
Original Mortgage
$481,875
Outstanding Balance
$436,554
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$477,357

Purchase Details

Listed on
Jun 5, 2018
Closed on
Aug 2, 2018
Sold by
Boymatov Isroil and Boymatov Christine
Bought by
Madhavaneni Srikar and Kalakuntla Shravani
Seller's Agent
Toril Schoepfer
Toril Sells Houses Team
Buyer's Agent
Sridhar Devineni
Best Choice Realty LLC
List Price
$549,950
Sold Price
$520,000
Premium/Discount to List
-$29,950
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.59%
Original Mortgage
$390,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2015
Sold by
Os Holdings Llc
Bought by
Boymatov Isroil and Boymatov Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,240
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 10, 2011
Sold by
Savage David R
Bought by
Os Holdings Llc

Purchase Details

Closed on
Apr 18, 2005
Sold by
Savage Kim J
Bought by
Savage David R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,400
Interest Rate
7.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 24, 2003
Sold by
Hedrick Ryan T
Bought by
Asotin Place Properties Inc

Purchase Details

Closed on
Aug 18, 2003
Sold by
Tacoma Pierce Properties Llc
Bought by
Hedrick Ryan T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
7.75%
Mortgage Type
Commercial

Purchase Details

Closed on
May 5, 2003
Sold by
Wilson Brian P
Bought by
Tacoma Pierce Properties Llc

Purchase Details

Closed on
Nov 15, 2002
Sold by
Benson Shawn
Bought by
Wilson Brian P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
4.88%
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 Type Sale Price Title Company
Warranty Deed -- First American Title Ins Co
Warranty Deed $519,719 Ticor Title
Warranty Deed $317,719 Fidelity National Title
Warranty Deed $220,000 First American Title Insuran
Interfamily Deed Transfer -- Stewart Title
Warranty Deed $353,000 Stewart Title
Quit Claim Deed -- Stewart Title
Warranty Deed $255,000 Stewart Title
Special Warranty Deed -- --
Warranty Deed $195,000 Rainier Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $481,875 New Conventional
Previous Owner $360,000 New Conventional
Previous Owner $390,000 New Conventional
Previous Owner $307,180 FHA
Previous Owner $312,240 FHA
Previous Owner $282,400 Commercial
Previous Owner $204,000 Commercial
Previous Owner $152,000 Commercial
Closed $51,000 No Value Available
Closed $52,950 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2020 12/02/20 Sold $642,500 0.0% $202 / Sq Ft
12/02/2020 12/02/20 For Sale $642,500 +23.6% $202 / Sq Ft
08/13/2018 08/13/18 Sold $520,000 -5.4% $164 / Sq Ft
06/15/2018 06/15/18 Pending -- -- --
06/05/2018 06/05/18 For Sale $549,950 -- $173 / 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 $7,853 $783,800 $199,800 $584,000
2023 $7,853 $706,000 $187,600 $518,400
2022 $7,108 $724,700 $183,900 $540,800
2021 $6,665 $530,700 $106,100 $424,600
2019 $4,656 $456,400 $92,400 $364,000
2018 $4,854 $358,400 $80,400 $278,000
2017 $4,202 $307,400 $58,400 $249,000
2016 $3,602 $221,800 $42,600 $179,200
2014 $3,192 $207,200 $41,500 $165,700
2013 $3,192 $191,400 $38,000 $153,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1305954

Northwest Multiple Listing Service (NWMLS)

APN: 298000-0664