NOT LISTED FOR SALE

3551 E Roosevelt Ave Tacoma, WA 98404

Eastside Neighborhood

Estimated Value: $526,791 - $600,000

4 Beds
3 Baths
1,968 Sq Ft
$281/Sq Ft Est. Value

Last Sold January 03, 2018

Last sale price $265,000 $135 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $3,331/month

3 Days on Market

Highlights

  • Corner Lot
  • 1-Story Property
  • 3-minute walk to Roosevelt Park
  • Wall to Wall Carpet

About This Home

As of January 2018

Happy,happy tenants live here! This duplex was completely rebuilt in 2004. The 4 bedroom 2 bath unit (3551) has been rented to same tenant since 2007 and the other unit since April 2017. Immediate cash flow for an investor or owner occupant. Some spruce up needed like painting and fresh carpets, otherwise move in ready! Up and coming east side location.

Last Buyer's Agent

Raymond Anderson

Capitol Realty & Investments License #14150

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1217050

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,980

Year Built

  • Built in 1971

Lot Details

  • 8,125 Sq Ft Lot
  • Corner Lot
  • Property is in average condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 1,968 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Community Details

  • Indian Add Condos
  • Indian Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 471502-344-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,980

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1971
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Indian Add
  • New Construction: No
  • CalculatedSquareFootage: 1968
  • EffectiveYearBuiltSource: See Remarks
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Corner Lot, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: TPU
  • WaterSewerGarbage: 220

Schools

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

Lot Info

  • Parcel Number: 471502-344-0
  • Lot Size Acres: 0.1865
  • Lot Size Sq Ft: 8125
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 2100

Multi Family

  • Gross Scheduled Income: 25200
  • Net Operating Income: 18240
  • Number Of Units Total: 2
  • Insurance Expense: 640
  • Leasable Area: 1968
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 2980

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2017
Closed on
Dec 29, 2017
Sold by
Haaland Duane
Bought by
Horn Solomon and Horn Tamara M
Buyer's Agent
Raymond Anderson
Capitol Realty & Investments
List Price
$265,000
Sold Price
$265,000
Current Estimated Value
$552,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,448
Avg. Annual Appreciation
9.94%
Original Mortgage
$198,750
Outstanding Balance
$167,764
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$384,684

Purchase Details

Closed on
Nov 6, 2009
Sold by
Haaland Duane
Bought by
Haaland Duane and Duane E Haaland Revocable Living Trust

Purchase Details

Closed on
Jun 13, 2005
Sold by
Hartman Jason H
Bought by
Haaland Duane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,950
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 27, 2003
Sold by
Byers Edward L
Bought by
Hartman Jason H and Hildebrand Rodrigo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,300
Interest Rate
5.78%

Purchase Details

Closed on
Oct 31, 2001
Sold by
Byers Edward L
Bought by
Byers Edward L and Byers Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
6.73%
Mortgage Type
VA
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
Horn Solomon $264,719 Wfg National Title Company O
Haaland Duane -- None Available
Haaland Duane $219,950 First American Title Ins Co
Hartman Jason H $125,600 Lawyers Title Agency Of Puge
Byers Edward L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horn Solomon $198,750
Previous Owner Haaland Duane $175,950
Previous Owner Hartman Jason H $119,300
Previous Owner Byers Edward L $73,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2018 01/03/18 Sold $265,000 0.0% $135 / Sq Ft
11/20/2017 11/20/17 Pending -- -- --
11/16/2017 11/16/17 For Sale $265,000 -- $135 / 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 $4,827 $501,200 $175,300 $325,900
2024 $4,827 $488,400 $171,600 $316,800
2023 $4,827 $433,500 $166,100 $267,400
2022 $4,677 $467,400 $160,900 $306,500
2021 $4,451 $354,100 $108,500 $245,600
2019 $3,303 $309,400 $91,900 $217,500
2018 $3,283 $254,000 $73,600 $180,400
2017 $2,980 $207,700 $52,700 $155,000
2016 $2,613 $165,900 $43,200 $122,700
2014 $2,166 $150,200 $40,000 $110,200
2013 $2,166 $129,700 $35,600 $94,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1217050

Northwest Multiple Listing Service (NWMLS)

APN: 471502-3440