NOT LISTED FOR SALE

Estimated Value: $388,000 - $421,899

3 Beds
2 Baths
3,966 Sq Ft
$101/Sq Ft Est. Value

Last Sold February 19, 2021

Last sale price $755,000 $190 Per Sq Ft

Est. 47% decrease in value since last sale

Current estimated payment $2,504/month

6 Days on Market

Highlights

  • Territorial View
  • High Speed Internet
  • Wall to Wall Carpet
  • Patio
  • Property is Fully Fenced

About This Home

As of February 2021

Rare investment opportunity for a dynamic investor! Triplex/Condos Building for sale in Tacoma (all three units) with a unique “money-making” twist for the right investor! Each unit is featuring 1322 SF, 3-bedroom, 2.5 bath, it comes with a one car garage, fully fenced backyard. Open concept floor plan, dual closets and bath of master. Each unit is currently occupied with a long-term, punctually-paying tenant! All Tenants is month to month lease, rent is below market value. This Triplex is conveniently located near I-5 (for easy commuting), Tacoma Mall, Supermarkets and Restaurants (for convenient, leisurely shopping). Completed in 2008! This is the money maker, already condos so you can sell off one by one in the future.

Last Agent to Sell the Property

Vu Chau

Best Choice Network LLC License #81890 Listed on: 01/26/2021

Best Choice Network LLC

Last Buyer's Agent

Vu Chau

Best Choice Network LLC License #81890 Listed on: 01/26/2021

Best Choice Network LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1721783

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,431

Year Built

  • Built in 2007

Lot Details

  • 9,148 Sq Ft Lot
  • Property is Fully Fenced
  • Property is in average condition

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 3,966 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 3 Parking Spaces
  • 1 Covered Space
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9008800010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,431

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 2007
  • Buyer Agency Compensation: 2.25
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3966
  • Special Features: None
  • Cumulative Days on Market: 339

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 9008800010
  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 9148
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,High Speed Internet,Patio
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,See Remarks

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 19
  • LeasedItems: None
  • TotalMonthlyIncome: 3275

Multi Family

  • Gross Scheduled Income: 39300
  • Net Operating Income: 26587
  • Number Of Units Total: 3
  • Insurance Expense: 1500
  • Leasable Area: 3966
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2020
  • Tax Annual Amount: 9431

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2021
Closed on
Feb 12, 2021
Sold by
Vasick Hue Thi and Vasick Mark A
Bought by
Nortwest Properties Llc
Seller's Agent
Vu Chau
Best Choice Network LLC
Buyer's Agent
Vu Chau
Best Choice Network LLC
List Price
$749,000
Sold Price
$755,000
Premium/Discount to List
$6,000
0.8%
Current Estimated Value
$401,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$353,367
Avg. Annual Appreciation
-13.20%

Purchase Details

Closed on
Sep 4, 2009
Sold by
Fife Commercial Bank
Bought by
Vasick Mark A and Vasick Hue Thi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 21, 2008
Sold by
Pacific Cascade Homes Llc
Bought by
Smith Lawrence Scott
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
Nortwest Properties Llc $755,000 First American Title Ins Co
Vasick Mark A $436,000 Chicago Title Insurance Co
Smith Lawrence Scott -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vasick Mark A $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2021 02/19/21 Sold $755,000 +0.8% $190 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
01/26/2021 01/26/21 For Sale $749,000 -- $189 / 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 $3,416 $348,100 $186,700 $161,400
2024 $3,416 $325,500 $180,400 $145,100
2023 $3,416 $306,500 $169,400 $137,100
2022 $3,312 $329,200 $158,000 $171,200
2021 $3,166 $251,600 $91,100 $160,500
2019 $2,660 $234,400 $79,400 $155,000
2018 $2,794 $204,400 $69,100 $135,300
2017 $2,546 $176,700 $48,900 $127,800
2016 $2,208 $136,800 $35,700 $101,100
2014 $1,989 $126,900 $34,700 $92,200
2013 $1,989 $119,200 $31,800 $87,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1721783

Northwest Multiple Listing Service (NWMLS)

APN: 900880-0030