Listed by Terrafin, Bought with Dale Walters Real Estate
NOT LISTED FOR SALE

3584 Mckinley Ave Unit A & B Tacoma, WA 98404

Eastside Neighborhood

Estimated Value: $410,000 - $558,000

4 Beds
2 Baths
1,978 Sq Ft
$246/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $350,000 $177 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,995/month

5 Days on Market

Highlights

  • Territorial View
  • Cul-De-Sac
  • Partially Fenced Property
  • No HOA
  • Forced Air Heating System
  • Wood Siding

About This Home

As of February 2023

Well Priced Value add Duplex in Tacoma or owner occupied and get rent credit towards your purchase! 5 minutes by car, 10 by bus, or 20 minutes walking to the light rail. Super location and walking score. This value add duplex has tons of upside in rent and options. Plus with the new zoning changes there is the possibility of a DADU for a 3rd unit in back. Gas heat and separate electrical meters, plus room to add WSG to the rent to offset expenses. Upstairs tenant is month to month, Lower unit has lease thru July.

Last Agent to Sell the Property

Luke Griffin

Terrafin License #114667 Listed on: 02/02/2023

Terrafin

Co-Listed By

George Moorhead

Bentley Properties License #2390

Last Buyer's Agent

Mike Leybourne

Dale Walters Real Estate License #20110947

Dale Walters Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2032664

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,872

Year Built

  • Built in 1910

Lot Details

  • 5,100 Sq Ft Lot
  • Cul-De-Sac
  • Partially Fenced Property

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,978 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Schools

  • Blix Elementary School
  • Stewart Middle School
  • Lincoln High School

Utilities

  • Forced Air Heating System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 747001-005-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,872

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1910
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1978
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 342

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Alley, Cul-De-Sac, Curbs, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Fair
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Security: FullyFenced
  • Cooling: None
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: TPU
  • WaterSewerGarbage: 3840

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Tacoma
  • High School: Lincoln High
  • Middle Or Junior School: Stewart

Lot Info

  • Parcel Number: 747001-005-0
  • Lot Size Acres: 0.1171
  • Lot Size Sq Ft: 5100
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially
  • MLSLotSizeSource: Tax
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12.7
  • LeasedItems: None
  • TotalMonthlyIncome: 2450

Multi Family

  • Gross Scheduled Income: 29400
  • Net Operating Income: 20488
  • Number Of Units Total: 2
  • Insurance Expense: 1200
  • Leasable Area: 1978
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2022
  • Tax Annual Amount: 3872

MLS Schools

  • Elementary School: Blix Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2023
Closed on
Feb 22, 2023
Sold by
Larson Cory A
Bought by
Domatac Housing Llc
Seller's Agent
Luke Griffin
Terrafin
Buyer's Agent
Mike Leybourne
Dale Walters Real Estate
List Price
$375,000
Sold Price
$350,000
Premium/Discount to List
-$25,000
-6.67%
Views
65
Current Estimated Value
$484,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,702
Avg. Annual Appreciation
13.13%
Original Mortgage
$351,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2016
Sold by
Sua Emily and Sua Iosefa Sua
Bought by
Bank Of America

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.61%

Purchase Details

Closed on
Jul 12, 2005
Sold by
Nuon Thon and Sisovan Nuon Montry
Bought by
Hamilton Jennifer S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Interest Rate
5.55%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 22, 1999
Sold by
Greenough R Dean
Bought by
Larson Cory A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
7.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 7, 1998
Sold by
Heritage Group I Inc
Bought by
Greenough R Dean and Greenough Linda A

Purchase Details

Closed on
Feb 25, 1998
Sold by
Finlayson Leonard
Bought by
Heritage Group 1 Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Domatac Housing Llc -- First American Title
Bank Of America -- --
Hamilton Jennifer S $132,000 Stewart Title
Larson Cory A $95,000 --
Greenough R Dean -- Commonwealth Land Title Ins
Heritage Group 1 Inc $87,254 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Domatac Housing Llc $262,500
Closed Domatac Housing Llc $351,000
Previous Owner Bank Of America --
Previous Owner Hamilton Jennifer S $105,600
Previous Owner Larson Cory A $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $350,000 -6.7% $177 / Sq Ft
02/07/2023 02/07/23 Pending -- -- --
02/02/2023 02/02/23 For Sale $375,000 -- $190 / 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 $4,087 $390,200 $177,800 $212,400
2024 $4,087 $401,400 $171,100 $230,300
2023 $4,087 $366,900 $159,400 $207,500
2022 $3,872 $397,100 $157,500 $239,600
2021 $3,601 $286,300 $98,400 $187,900
2019 $3,054 $257,400 $82,000 $175,400
2018 $3,240 $234,800 $65,600 $169,200
2017 $2,781 $205,000 $50,000 $155,000
2016 $2,460 $149,900 $37,300 $112,600
2014 $2,183 $141,400 $36,100 $105,300
2013 $2,183 $125,000 $31,700 $93,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2032664

Northwest Multiple Listing Service (NWMLS)

APN: 747001-0050