NOT LISTED FOR SALE

Estimated Value: $470,140 - $544,000

4 Beds
2 Baths
1,655 Sq Ft
$313/Sq Ft Est. Value

Last Sold March 17, 2020

Last sale price $410,000 $248 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,297/month

2 Days on Market

Highlights

  • Deck
  • Patio
  • Wood Siding
  • Corner Lot
  • Partially Fenced Property
  • Wall to Wall Carpet

About This Home

As of March 2020

Great opportunity to invest in this duplex located on a desirable corner lot!. Rent out both units or rent one side and live in the other. Both units have great natural light, desirable floor plans, good storage and fenced back yards. Both units are move in ready and left unit has fresh paint, flooring and counters. Being close to shopping and freeway access makes this a prime location to reside. Roof is only 2 years old. Market rent is estimated at $1250-$1400 for units this size.

Last Agent to Sell the Property

Katy Smith

RE/MAX Northwest License #86299 Listed on: 02/06/2020

RE/MAX Northwest

Last Buyer's Agent

Vallery Frink

Keller Williams Realty PS License #27006

Keller Williams Realty PS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1562313

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,033

Year Built

  • Built in 1976

Lot Details

  • 6,000 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot

Home Design

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

Interior Spaces

  • 1,655 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Community Details

  • South Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8935011961

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,033

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1976
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1655
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 273

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Curbs, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Tacoma Public Utilities
  • SewerCompany: Tacoma Public Utilities
  • WaterCompany: Tacoma Public Utilities
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Parcel Number: 8935011961
  • Lot Size Acres: 0.1377
  • Lot Size Sq Ft: 6000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially,Patio
  • MLSLotSizeSource: Realist Report
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 1000

Multi Family

  • Gross Scheduled Income: 28800
  • Net Operating Income: 22387
  • Number Of Units Total: 6
  • Insurance Expense: 500
  • Leasable Area: 1655
  • UnitsBelowGrade: false
  • VacancyRate: 90

Tax Info

  • Year: 2019
  • Tax Annual Amount: 3033

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2024
Sold by
King Ronald
Bought by
Alaska St 3541 Llc
Total Days on Market
2
Current Estimated Value
$518,535

Purchase Details

Listed on
Feb 6, 2020
Closed on
Feb 26, 2020
Sold by
Calzada Manuel E Lugo
Bought by
King Ronald
Seller's Agent
Katy Smith
RE/MAX Northwest
Buyer's Agent
Vallery Frink
Keller Williams Realty PS
List Price
$375,000
Sold Price
$410,000
Premium/Discount to List
$35,000
9.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.60%
Original Mortgage
$240,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 19, 2016
Closed on
Jan 17, 2017
Sold by
Perseus Properties 4 Llc
Bought by
Calzada Manuel E Lugo
Seller's Agent
James Dainard
Heaton Dainard, LLC
Buyer's Agent
Katy Smith
RE/MAX Northwest
List Price
$249,950
Sold Price
$236,000
Premium/Discount to List
-$13,950
-5.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.10%
Original Mortgage
$241,074
Interest Rate
4.13%
Mortgage Type
VA

Purchase Details

Listed on
Aug 17, 2013
Closed on
Sep 13, 2013
Sold by
Deutsche Bank National Trust Company
Bought by
Perseus Properties 4 Llc
Seller's Agent
Patrick Mercado
PropertiesNW of Gig Harbor Ltd
Buyer's Agent
Bryan Howdeshell
Real Estate Gladiators
List Price
$149,975
Sold Price
$150,000
Premium/Discount to List
$25
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.58%

Purchase Details

Listed on
Aug 17, 2013
Closed on
Aug 13, 2013
Sold by
Cherry Theda L and Archibald Charmaine
Bought by
Deutsche Bank National Trust Company
Seller's Agent
Patrick Mercado
PropertiesNW of Gig Harbor Ltd
Buyer's Agent
Bryan Howdeshell
Real Estate Gladiators
List Price
$149,975
Sold Price
$150,000
Premium/Discount to List
$25
0.02%

Purchase Details

Closed on
Jun 10, 2007
Sold by
Cherry Theda L
Bought by
Archibald Tiffany A
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
Alaska St 3541 Llc -- None Listed On Document
King Ronald $410,000 Ticor Title
Calzada Manuel E Lugo $235,719 Fidelity National Title
Perseus Properties 4 Llc $150,000 Fidelity National Title Co
Deutsche Bank National Trust Company $153,903 1St Am
Archibald Tiffany A $15,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner King Ronald $240,000
Previous Owner Calzada Manuel E Lugo $241,074
Previous Owner Cherry Theda L $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2020 03/17/20 Sold $410,000 +9.3% $248 / Sq Ft
02/08/2020 02/08/20 Pending -- -- --
02/06/2020 02/06/20 For Sale $375,000 +58.9% $227 / Sq Ft
01/19/2017 01/19/17 Sold $236,000 -5.6% $143 / Sq Ft
11/17/2016 11/17/16 Pending -- -- --
10/19/2016 10/19/16 For Sale $249,950 +66.6% $151 / Sq Ft
09/20/2013 09/20/13 Sold $150,000 0.0% $91 / Sq Ft
09/05/2013 09/05/13 Pending -- -- --
08/18/2013 08/18/13 For Sale $149,975 -- $91 / 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 $4,641 $486,400 $199,400 $287,000
2023 $4,641 $416,800 $187,300 $229,500
2022 $4,352 $451,700 $183,500 $268,200
2021 $3,858 $306,800 $105,800 $201,000
2019 $3,033 $264,900 $92,200 $172,700
2018 $3,306 $233,200 $80,200 $153,000
2017 $2,789 $209,200 $58,300 $150,900
2016 $2,467 $149,900 $42,500 $107,400
2014 $2,187 $141,800 $41,400 $100,400
2013 $2,187 $130,900 $37,900 $93,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1562313

Northwest Multiple Listing Service (NWMLS)

APN: 893501-1961