NOT LISTED FOR SALE

3524 S Sheridan Ave Unit 3526 Tacoma, WA 98418

South End Neighborhood

Estimated Value: $407,000 - $524,000

4 Beds
2 Baths
1,392 Sq Ft
$346/Sq Ft Est. Value

Last Sold April 29, 2024

Last sale price $492,099 $354 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,050/month

7 Days on Market

Highlights

  • RV Access or Parking
  • No HOA
  • Forced Air Heating System
  • Territorial View
  • Patio
  • Dog Run

About This Home

As of April 2024

This property was completely updated and restored in 2020-2021. Owner lived in one side and rented the other until 2022 and has always had the units rented. The back unit has it's own good sized yard and the front unit has it's own separate yard area. Plenty of parking for both units. Entire lay out on each side maximizes the space well. On a quiet street close to freeways, parks, schools and grocery. This could be a wonderful low work rental or live in one side and have your renters help pay your mortgage. Property is already inspected, ask your agent for a copy of report. Occupied unit is on a month to month basis.

Last Agent to Sell the Property

Anna Matsunaga

Keller Williams Rty Tacoma License #24193 Listed on: 04/04/2024

Keller Williams Rty Tacoma

Co-Listed By

Samuel Matsunaga

Keller Williams Rty Tacoma License #20108402

Last Buyer's Agent

Nona Adams

RE/MAX Integrity License #51002

RE/MAX Integrity

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2218749

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,148

Year Built

  • Built in 1961 | Remodeled

Lot Details

  • 6,000 Sq Ft Lot
  • Dog Run
  • Property is Fully Fenced

Home Design

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

Interior Spaces

  • 1,392 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Territorial Views

Parking

  • 6 Parking Spaces
  • Open Parking
  • RV Access or Parking

Schools

  • Reed Elementary School
  • Lincoln High School

Additional Features

  • Patio
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 893501-120-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,148

Year Built

Built in 1961 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1961
  • Buyer Agency Compensation: 2.65
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1392
  • SOCComments: On net to seller after any seller assist
  • Special Features: None
  • Cumulative Days on Market: 281

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Laminate
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: TPU
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 893501-120-0
  • Lot Size Acres: 0.1377
  • Lot Size Sq Ft: 6000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Dog Run,Fenced-Fully,Patio,RV Parking
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric, See Remarks

Rental Info

  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 3300

Tax Info

  • Year: 2024
  • Tax Annual Amount: 4148

Multi Family

  • Number Of Units Total: 2
  • Leasable Area: 1392
  • EnergySource: Electric,See Remarks
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

MLS Schools

  • Elementary School: Reed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2024
Closed on
Apr 24, 2024
Sold by
Dietrich Eric Eugene Conda and Dietrich Krista Elis
Bought by
Sokolov Mikhail Y and Sokolova Olga Y
Seller's Agent
Anna Matsunaga
Keller Williams Rty Tacoma
Buyer's Agent
Nona Adams
RE/MAX Integrity
List Price
$465,000
Sold Price
$492,099
Premium/Discount to List
$27,099
5.83%
Total Days on Market
7
Views
31
Current Estimated Value
$481,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,404
Avg. Annual Appreciation
-1.92%
Original Mortgage
$369,074
Outstanding Balance
$365,472
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$116,223

Purchase Details

Closed on
May 29, 2020
Sold by
Bazemore Brandon T
Bought by
Dietrich Eric Eugene Conda and Dietrich Krista Elise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,158
Interest Rate
3.3%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 3, 2013
Sold by
Bazemore Sandra L
Bought by
Bazemore Brandon T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2012
Sold by
Fairplay Funding Nw Llc
Bought by
Bazemore Brandon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,600
Interest Rate
3.27%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 14, 2012
Sold by
Shivers Donald W
Bought by
Bazemore Brandon and Fairplay Funding Nw Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,600
Interest Rate
3.27%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 23, 2005
Sold by
Meacham Jerod P
Bought by
Shivers Donald W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,383
Interest Rate
6.36%
Mortgage Type
VA

Purchase Details

Closed on
Jul 16, 2004
Sold by
Iachini Giustino
Bought by
Meacham Jerod P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,200
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
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
Sokolov Mikhail Y $492,099 Wfg National Title Company Of
Dietrich Eric Eugene Conda $300,000 Attorney S Title Of Wa Inc
Bazemore Brandon T -- Fidelity National Title Co
Bazemore Brandon -- None Available
Bazemore Brandon $118,096 None Available
Shivers Donald W $199,950 Transnation Title
Meacham Jerod P $144,000 Rtc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sokolov Mikhail Y $369,074
Previous Owner Dietrich Eric Eugene Conda $393,000
Previous Owner Dietrich Eric Eugene Conda $334,158
Previous Owner Bazemore Brandon T $185,500
Previous Owner Bazemore Brandon T $108,750
Previous Owner Bazemore Brandon $111,600
Previous Owner Bazemore Brandon $11,809
Previous Owner Shivers Donald W $203,903
Previous Owner Shivers Donald W $201,383
Previous Owner Meacham Jerod P $115,200
Closed Meacham Jerod P $14,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2024 04/29/24 Sold $492,099 +5.8% $354 / Sq Ft
04/11/2024 04/11/24 Pending -- -- --
04/04/2024 04/04/24 For Sale $465,000 -- $334 / 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 $4,148 $431,200 $199,400 $231,800
2023 $4,148 $372,400 $187,300 $185,100
2022 $3,774 $394,500 $183,500 $211,000
2021 $3,353 $266,500 $105,800 $160,700
2019 $2,631 $230,200 $92,200 $138,000
2018 $2,810 $202,200 $80,200 $122,000
2017 $2,371 $177,700 $58,300 $119,400
2016 $2,103 $127,500 $42,500 $85,000
2014 $1,873 $120,800 $41,400 $79,400
2013 $1,873 $111,500 $37,900 $73,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2218749

Northwest Multiple Listing Service (NWMLS)

APN: 893501-1200