Listed by Hawkins Poe, Bought with Real Broker LLC
NOT LISTED FOR SALE

Estimated Value: $1,361,135 - $1,435,000

6 Beds
4 Baths
3,843 Sq Ft
$364/Sq Ft Est. Value

Last Sold November 09, 2020

Last sale price $1,040,000 $271 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $8,473/month

63 Days on Market

Highlights

  • Engineered Wood Flooring
  • Thermal Windows
  • Property is Fully Fenced
  • Stadium High School Rated A-
  • Cul-De-Sac

About This Home

As of November 2020

This is truly a one of a kind property. A fourplex in the north end--What a find! Beautiful clinker brick building that requires minimum maintenance. Corner lot across from UPS. 3 of the 4 units have been totally remodeled. Extensive electrical and plumbing work has been done. Detached garage is wired for kitchen and bathroom--covert to a 5th unit for additional income. Nice fully fenced yard and plenty of off street parking. Highly desired location and property. Don't wait on this one!

Last Agent to Sell the Property

Jenny Gullikson

Hawkins Poe License #76396 Listed on: 07/30/2020

Hawkins Poe

Last Buyer's Agent

Andrew Nelson

Real Broker LLC License #119967

Real Broker LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1638517

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,176

Year Built

  • Built in 1948

Lot Details

  • 8,450 Sq Ft Lot
  • Cul-De-Sac
  • Property is Fully Fenced

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 3,843 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Engineered Wood
  • Laminate
  • Ceramic Tile
  • Vinyl

Parking

  • 3 Parking Spaces
  • 3 Covered Spaces

Community Details

  • Ups Subdivision

Listing and Financial Details

  • Assessor Parcel Number 747502-644-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,176

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1948
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3843
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Ceramic Tile, Engineered Hardwood, Hardwood, Laminate, Vinyl
  • Interior Amenities: Forced Air, Ceramic Tile, Hardwood, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Cul-De-Sac, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Brick
  • Foundation Details: Poured Concrete
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Open Parking: No
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: TPU
  • WaterSewerGarbage: 4663

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Fee Information

  • Annual Fuel Expense: 357

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 747502-644-0
  • Lot Size Acres: 0.194
  • Lot Size Sq Ft: 8450
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,Gas Available
  • MLSLotSizeSource: realist

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 17
  • LeasedItems: None
  • TotalMonthlyIncome: 6170

Multi Family

  • Gross Scheduled Income: 74040
  • Net Operating Income: 57206
  • Number Of Units Total: 4
  • Electric Expense: 1554
  • Insurance Expense: 1500
  • Leasable Area: 3843
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 7176

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2020
Closed on
Nov 6, 2020
Sold by
Shelton Sharon
Bought by
Shelton Alan E
Seller's Agent
Jenny Gullikson
Hawkins Poe
Buyer's Agent
Andrew Nelson
Real Broker LLC
List Price
$1,150,000
Sold Price
$1,040,000
Premium/Discount to List
-$110,000
-9.57%
Current Estimated Value
$1,398,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,068
Avg. Annual Appreciation
5.37%
Original Mortgage
$780,000
Outstanding Balance
$698,456
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$642,609

Purchase Details

Listed on
Jul 30, 2020
Closed on
Oct 30, 2020
Sold by
Clinker Llc
Bought by
Shelton Alan E
Seller's Agent
Jenny Gullikson
Hawkins Poe
Buyer's Agent
Andrew Nelson
Real Broker LLC
List Price
$1,150,000
Sold Price
$1,040,000
Premium/Discount to List
-$110,000
-9.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Outstanding Balance
$698,456
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$642,609

Purchase Details

Closed on
Jul 10, 2018
Sold by
Esposito Susan and Baldridge Janine
Bought by
The Grantee Clinker Llc

Purchase Details

Listed on
Feb 26, 2018
Closed on
Mar 26, 2018
Sold by
Mcknight Darren C and Mcknight Lori J
Bought by
Esposito Susan and Baldridge Janine
Seller's Agent
Barbara Magnuson
Windermere Prof Partners
Buyer's Agent
Jenny Gullikson
Hawkins Poe
List Price
$625,000
Sold Price
$640,000
Premium/Discount to List
$15,000
2.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.41%

Purchase Details

Listed on
May 2, 2013
Closed on
Jun 12, 2013
Sold by
Wilson Roberta A
Bought by
Mcknight Darren C and Mcknight Lori
Seller's Agent
Ryan Meacham
Engel & Voelkers Chambers Bay
Buyer's Agent
Barbara Magnuson
Windermere Prof Partners
List Price
$374,900
Sold Price
$380,000
Premium/Discount to List
$5,100
1.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.52%
Original Mortgage
$285,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2003
Sold by
Wilson Roberta A
Bought by
Wilson Roberta A

Purchase Details

Closed on
Jun 10, 1996
Sold by
Strong Michael E and Strong Judith A
Bought by
Peyton Joseph and Wilson Roberta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
8.01%
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
Shelton Alan E -- Fidelity National Title
Shelton Alan E $1,040,000 Fidelity National Title
The Grantee Clinker Llc -- Accommodation
Esposito Susan $639,719 Wfg National Title
Mcknight Darren C $380,000 Ticor
Wilson Roberta A -- --
Peyton Joseph $81,500 Commonwealth Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shelton Alan E $780,000
Previous Owner Mcknight Darren C $285,000
Previous Owner Peyton Joseph $117,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2020 11/09/20 Sold $1,040,000 -1.0% $271 / Sq Ft
10/01/2020 10/01/20 Pending -- -- --
09/30/2020 09/30/20 Price Changed $1,050,000 -8.7% $273 / Sq Ft
09/10/2020 09/10/20 For Sale $1,150,000 0.0% $299 / Sq Ft
08/21/2020 08/21/20 Pending -- -- --
08/21/2020 08/21/20 Price Changed $1,150,000 -8.0% $299 / Sq Ft
07/30/2020 07/30/20 For Sale $1,250,000 +95.3% $325 / Sq Ft
03/30/2018 03/30/18 Sold $640,000 +2.4% $167 / Sq Ft
03/02/2018 03/02/18 Pending -- -- --
02/26/2018 02/26/18 For Sale $625,000 +64.5% $163 / Sq Ft
06/21/2013 06/21/13 Sold $380,000 +1.4% $99 / Sq Ft
05/08/2013 05/08/13 Pending -- -- --
05/02/2013 05/02/13 For Sale $374,900 -- $97 / 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 $12,299 $1,144,700 $334,800 $809,900
2024 $12,299 $1,147,900 $334,800 $813,100
2023 $12,299 $1,106,300 $295,800 $810,500
2022 $9,979 $1,052,900 $315,600 $737,300
2021 $8,544 $680,600 $190,300 $490,300
2019 $6,723 $606,400 $165,200 $441,200
2018 $7,496 $517,800 $151,300 $366,500
2017 $6,874 $475,000 $128,500 $346,500
2016 $6,428 $390,400 $91,300 $299,100
2014 $5,614 $370,100 $83,500 $286,600
2013 $5,614 $322,600 $72,600 $250,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1638517

Northwest Multiple Listing Service (NWMLS)

APN: 747502-6440