Listed by Inspire Realty, Bought with Hawkins Poe
NOT LISTED FOR SALE

3710 S Tyler St Unit 3712 Tacoma, WA 98409

South Tacoma Neighborhood

Estimated Value: $511,640 - $548,000

4 Beds
2 Baths
1,724 Sq Ft
$311/Sq Ft Est. Value

Last Sold March 01, 2021

Last sale price $422,500 $245 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,253/month

1 Day on Market

Highlights

  • Partially Fenced Property
  • Wood Siding
  • 1-Story Property

About This Home

As of March 2021

Investor dream come true. Solid tenant history for 7+ years. Cash flow positive income property! Updated inside & out w/ new cabinets, granite counter tops, faux wood flooring, carpet, new interior trim & paint, new exterior paint, new fencing, 4 year old roof. SS appliances on one side. Currently rented under market. Zoned R3. Showing scheduled after mutual acceptance ONLY. Please do not disturb tenants.

Last Agent to Sell the Property

Erik Kyger

Inspire Realty License #138195 Listed on: 01/29/2021

Last Buyer's Agent

Chris Stewart

Hawkins Poe License #117795

Hawkins Poe

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1721752

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,754

Year Built

  • Built in 1985 | Remodeled

Lot Details

  • 8,712 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,724 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Parking

  • 6 Parking Spaces
  • Open Parking

Utilities

  • Cable TV Available

Community Details

  • Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0220131087

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,754

Year Built

Built in 1985 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1985
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1724
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family, See Remarks
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Laminate Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Slab
  • Property Condition: Remodeled
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: Tacoma PUD
  • WaterCompany: Tacoma PUD
  • WaterSewerGarbage: 2580

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 0220131087
  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8712
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family,See Remarks

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 2150

Multi Family

  • Gross Scheduled Income: 25800
  • Net Operating Income: 18866
  • Number Of Units Total: 2
  • Insurance Expense: 600
  • Leasable Area: 1724
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3754

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2021
Closed on
Feb 23, 2021
Sold by
Scholer Elijah
Bought by
Finholm Scott and Finholm Amy
Seller's Agent
Erik Kyger
Inspire Realty
Buyer's Agent
Chris Stewart
Hawkins Poe
List Price
$399,950
Sold Price
$422,500
Premium/Discount to List
$22,550
5.64%
Current Estimated Value
$535,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,910
Avg. Annual Appreciation
5.26%
Original Mortgage
$316,875
Outstanding Balance
$283,410
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$252,000

Purchase Details

Closed on
Jun 26, 2017
Sold by
Lewis Michael
Bought by
Scholer Elijah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2016
Sold by
Lewis Gregory
Bought by
Lewis Michael

Purchase Details

Closed on
Oct 4, 1999
Sold by
Hansen Dorothy
Bought by
Lewis Gregory and Lewis Michael
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
Finholm Scott $422,500 First American Title Ins Co
Scholer Elijah $227,696 Chicago Title
Lewis Michael -- None Available
Lewis Gregory -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Finholm Scott $316,875
Previous Owner Scholer Elijah $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2021 03/01/21 Sold $422,500 +5.6% $245 / Sq Ft
01/30/2021 01/30/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $399,950 -- $232 / 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 $4,978 $475,700 $222,800 $252,900
2024 $4,978 $477,000 $215,300 $261,700
2023 $4,978 $447,100 $205,900 $241,200
2022 $4,186 $429,600 $201,100 $228,500
2021 $3,741 $297,500 $110,400 $187,100
2019 $3,165 $276,700 $88,800 $187,900
2018 $3,153 $243,400 $77,600 $165,800
2017 $2,818 $199,500 $58,400 $141,100
2016 $2,325 $153,800 $41,500 $112,300
2014 $2,265 $133,600 $40,200 $93,400
2013 $2,265 $114,500 $37,600 $76,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1721752

Northwest Multiple Listing Service (NWMLS)

APN: 022013-1087