Listed by Crescent Realty powered by KW, Bought with Skyline Properties, Inc.
$475,000
SOLD SEP 20, 2024

3501 3503 172nd St E Tacoma, WA 98446

1.09 Acres
$435,660 Price per Acre
47,493 Sq Ft Lot

Recently Sold

9% Below List Price

64 Days on Market

Highlights

  • 1.09 Acre Lot
  • Corner Lot
  • Cul-De-Sac
  • Territorial View

About This Lot

As of September 2024

Zoned for duplexes. 2 parcels side-by-side. One is vacant land ready to build a duplex on, and the other has a nice 2-bedroom rental on it which could be the site for a future duplex. In area of better properties. Both lots have sewer and water letters in supplements. Vacant duplex lot is over 23K sq. ft., and house lot is over 24K sq ft. Income from rental is $1,300. Cash out one parcel at closing and get a short-term agreement with the seller for the other parcel.

Last Agent to Sell the Property

Larry Bergstrom

Crescent Realty powered by KW License #4839 Listed on: 07/03/2024

Crescent Realty powered by KW

Last Buyer's Agent

tatyana ursekile

Skyline Properties, Inc. License #125601

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2260297

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,163

Lot Details

  • 1.09 Acre Lot
  • Cul-De-Sac
  • Corner Lot
  • Level Lot

HOA Fees

  • $17 Monthly HOA Fees

Additional Features

  • Territorial Views
  • Septic Design Installed

Community Details

  • Association fees include road maintenance
  • Martin Manor Condos
  • Spanaway Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 7,8
  • Assessor Parcel Number 5003410070

Property Details

Property Type

Land

Est. Annual Taxes

$5,163

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 42 - Multi-Family
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Martin Manor
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • Restrictions: CC&R
  • Improvements: Tiny Home
  • AssessmentFees: Road
  • Special Features: None
  • Cumulative Days on Market: 439

Interior Features

  • Possible Use: Multi-Family, Residential
  • Possible Bedrooms: 2
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • View: Territorial
  • Lot Features: Corner Lot, Cul-De-Sac, Paved
  • View: Yes
  • Waterfront: No
  • Structure Type: Multi Family
  • RoadInformation: County Right of Way,Privately Maintained
  • WaterJurisdiction: Spanaway

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Available
  • Water Source: Available, In Street
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: No
  • Utilities: Electricity Available, Road Maintenance, Septic Design Installed
  • ElectricityStatus: In Street
  • GasStatus: Not Available
  • SepticDesignInstalled: true

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No
  • Association Fee: 200
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Road Maintenance

Schools

  • Junior High Dist: Bethel

Lot Info

  • Parcel Number: 5003410070
  • Topography: Level
  • Lot Size Acres: 1.0903
  • Lot Size Sq Ft: 47494
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: County Records
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family,Residential
  • LotNumber: 7,8

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 5163
  • AdditionalTaxIds: 500341180

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2024
Closed on
Sep 25, 2024
Sold by
Kennedy Martin
Bought by
Morar Viktor and Morar Rodica
Seller's Agent
Larry Bergstrom
Crescent Realty powered by KW
Buyer's Agent
tatyana ursekile
Skyline Properties, Inc.
List Price
$520,000
Sold Price
$475,000
Premium/Discount to List
-$45,000
-8.65%
Views
12
Current Estimated Value
$456,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,667
Original Mortgage
$380,000
Outstanding Balance
$291,802
Interest Rate
6.49%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 10, 2020
Sold by
Kennedy Kristal
Bought by
Kennedy Martin
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 Type Sale Price Title Company
Warranty Deed $475,000 Chicago Title
Divorce Dissolution Of Marriage Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $380,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2024 09/20/24 Sold $475,000 -5.0% --
09/05/2024 09/05/24 Pending -- -- --
07/30/2024 07/30/24 Price Changed $500,000 -3.8% --
07/03/2024 07/03/24 For Sale $520,000 -- --
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 $1,919 $191,800 $191,800 --
2024 $1,919 $180,900 $180,900 --
2023 $1,919 $179,500 $179,500 $0
2022 $1,850 $181,500 $181,500 $0
2021 $1,529 $116,400 $116,400 $0
2019 $969 $93,100 $93,100 $0
2018 $1,021 $86,400 $86,400 $0
2017 $1,021 $79,100 $79,100 $0
2016 $1,001 $63,200 $63,200 $0
2014 $844 $63,700 $63,700 $0
2013 $844 $53,100 $53,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2260297

Northwest Multiple Listing Service (NWMLS)

APN: 500341-0070