Listed by Realty One Group Turn Key, Bought with Windermere Bellevue Commons
NOT LISTED FOR SALE

3815 S 12th St Unit 3817 Tacoma, WA 98405

Central Tacoma Neighborhood

Estimated Value: $525,000 - $707,000

4 Beds
2 Baths
1,754 Sq Ft
$340/Sq Ft Est. Value

Last Sold September 22, 2023

Last sale price $600,000 $342 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,573/month

2 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • 1-Story Property

About This Home

As of September 2023

Welcome to this charming and centrally located duplex in the heart of Tacoma! Boasting a prime location, this fully remodeled (in 2017) property offers two units, each featuring 2 beds/1 bath, making it a fantastic investment opportunity. With tenants already in place on year-long leases, you can start generating income from day one! Both units come complete with a washer and dryer, ensuring convenience and added value for your tenants. The spacious layout of each unit provides a comfortable living space for tenants to enjoy. Situated on a generously sized lot, this property offers ample parking space with 5 dedicated parking spots available. Within minutes, tenants can reach a wide array of restaurants, shopping centers, and entertainment.

Last Agent to Sell the Property

Kyle Pease

Realty One Group Turn Key License #130433 Listed on: 08/17/2023

Realty One Group Turn Key

Last Buyer's Agent

Mark Worthington

Windermere Bellevue Commons License #96205

Windermere Bellevue Commons

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2152379

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,642

Year Built

  • Built in 1978

Lot Details

  • 6,250 Sq Ft Lot

Home Design

  • Duplex
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,754 Sq Ft Home
  • 1-Story Property

Flooring

  • Laminate
  • Ceramic Tile

Parking

  • 5 Parking Spaces
  • Open Parking

Utilities

  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Central Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 413000-347-1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,642

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1978
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1754
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Ceramic Tile, Laminate
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 5

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 413000-347-1
  • Lot Size Acres: 0.1435
  • Lot Size Sq Ft: 6250
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15.9
  • LeasedItems: None
  • TotalMonthlyIncome: 3070

Multi Family

  • Gross Scheduled Income: 36840
  • Net Operating Income: 3098034
  • Number Of Units Total: 2
  • Insurance Expense: 864
  • Leasable Area: 1754
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2023
  • Tax Annual Amount: 4641.66

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2025
Sold by
Prathipati Aditya and Yalamanchili Sailini Chitra
Bought by
Prathipati Yalamanchili Trust and Prathipati
Current Estimated Value
$596,518

Purchase Details

Listed on
Aug 17, 2023
Closed on
Sep 13, 2023
Sold by
Smith Cameron
Bought by
Prathipati Aditya and Yalamanchili Sailini Chitra
Seller's Agent
Kyle Pease
Realty One Group Turn Key
Buyer's Agent
Mark Worthington
Windermere Bellevue Commons
List Price
$585,000
Sold Price
$600,000
Premium/Discount to List
$15,000
2.56%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.28%
Original Mortgage
$348,000
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2017
Sold by
Souv Por Sia and Souv Eamnor Ung
Bought by
Smith Cameron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,070
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 31, 2004
Sold by
Moisio Larry A
Bought by
Souv Por Sia and Souv Eamnor Ung
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
Prathipati Yalamanchili Trust -- None Listed On Document
Prathipati Aditya $600,000 Fidelity National Title
Smith Cameron $234,719 Ticor Title
Souv Por Sia $142,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Prathipati Aditya $348,000
Previous Owner Smith Cameron $265,070
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2023 09/22/23 Sold $600,000 +2.6% $342 / Sq Ft
08/19/2023 08/19/23 Pending -- -- --
08/17/2023 08/17/23 For Sale $585,000 -- $334 / 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 $4,774 $523,100 $229,300 $293,800
2024 $4,774 $509,300 $221,000 $288,300
2023 $4,774 $428,800 $212,700 $216,100
2022 $4,343 $446,900 $208,900 $238,000
2021 $4,151 $330,200 $132,700 $197,500
2019 $3,257 $283,000 $112,200 $170,800
2018 $3,204 $250,500 $98,300 $152,200
2017 $2,778 $202,700 $70,600 $132,100
2016 $2,526 $154,200 $51,500 $102,700
2014 $2,302 $145,200 $45,100 $100,100
2013 $2,302 $132,000 $42,400 $89,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2152379

Northwest Multiple Listing Service (NWMLS)

APN: 413000-3471