Listed by Skyline Properties, Inc., Bought with COMPASS
NOT LISTED FOR SALE

3616 -3622 E Mckinley Ave Tacoma, WA 98404

Eastside Neighborhood
-- Bed
-- Bath
6,640 Sq Ft
5,700 Sq Ft Lot

Last Sold August 06, 2021

Last sale price $2,200,000 $331 Per Sq Ft

5 Days on Market

Highlights

  • New Construction
  • Vinyl Plank Flooring
  • Property is in very good condition
  • Mountain View
  • High Speed Internet
  • Wood Siding

About This Home

As of August 2021

New Construction 8 plex on sought after McKinley Hill. Walk 3 blocks to restaurants, bike to train. 12 year MFTE. 100% occupied with one year leases. Located minutes from I-5. Amazing floor plans, light and bright. Shaker Cabinets, ductless mini splits, stainless steel appliances, quartz countertops, and LVP throughout. *Financials are estimates.

Last Agent to Sell the Property

Eric Johnson

Skyline Properties, Inc. License #25900 Listed on: 05/23/2021

Skyline Properties, Inc.

Last Buyer's Agent

Cindy Kelly

COMPASS License #49866

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1779636

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $936

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 5,700 Sq Ft Lot
  • Property is in very good condition

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 6,640 Sq Ft Home
  • 3-Story Property
  • Mountain Views

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank

Parking

  • 4 Parking Spaces
  • Open Parking

Utilities

  • Mini Split Air Conditioners
  • High Speed Internet
  • Cable TV Available

Community Details

  • Mckinley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 424500-006-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$936

Year Built

Built in 2021 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 2021
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: Yes
  • CalculatedSquareFootage: 6640
  • EffectiveYearBuiltSource: Public Records
  • EstimatedCompletionDate: 2021-04-26
  • NewConstruction: Completed
  • Special Features: NewHome
  • Cumulative Days on Market: 361

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl Plank, Carpet
  • Interior Amenities: Ductless HP-Mini Split, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Mountain(s)
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Slab
  • Property Condition: Very Good
  • Structure Type: Multi Family

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: TPU
  • WaterSewerGarbage: 8160

Condo/Co-op/Association

  • Senior Community: No
  • 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: 424500-006-0
  • Lot Size Acres: 0.1309
  • Lot Size Sq Ft: 5700
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet
  • MLSLotSizeSource: Public Record
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 13575

Multi Family

  • Gross Scheduled Income: 162900
  • Net Operating Income: 114030
  • Number Of Units Total: 6
  • Insurance Expense: 3200
  • Leasable Area: 6640
  • EnergySource: Electric
  • UnitsInBuildingTotal: 8
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2021
  • Tax Annual Amount: 936

MLS Schools

  • Elementary School: Buyer To Verify

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2021 08/06/21 Sold $2,200,000 0.0% $331 / Sq Ft
05/28/2021 05/28/21 Pending -- -- --
05/23/2021 05/23/21 For Sale $2,200,000 -- $331 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1779636

Northwest Multiple Listing Service (NWMLS)