NOT LISTED FOR SALE

3827 S K St Unit 1-3 Tacoma, WA 98418

South End Neighborhood

Estimated Value: $667,000 - $835,000

5 Beds
3 Baths
3,120 Sq Ft
$236/Sq Ft Est. Value

Last Sold April 03, 2020

Last sale price $475,000 $152 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,442/month

6 Days on Market

Highlights

  • Deck
  • Ceramic Tile Flooring
  • Wood Siding
  • Territorial View
  • Partially Fenced Property

About This Home

As of April 2020

Great investment opportunity to own a triplex in Tacoma, close to shopping & transportation, 2 bedrooms with 1 bathroom layout each on 3 level building. Each unit has own utility meter and a large garage with 3 spots is also available with access from the back alley. Renter occupied with immediately cash flow. Newly updated with flooring, kitchen and roof (50 year w/transferable roof warranty on house) and new shingle roof on garage building. Ideal for owner occupants in one unit or investors.

Last Agent to Sell the Property

Selina Boland

WeLakeside License #134080 Listed on: 01/24/2020

WeLakeside

Last Buyer's Agent

Aaron Morrow

Keller Williams Rlty Bellevue License #25306

Keller Williams Rlty Bellevue

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1556816

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,282

Year Built

  • Built in 1910 | Remodeled

Lot Details

  • 4,810 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Triplex
  • Flat Roof Shape
  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 3,120 Sq Ft Home
  • 3-Story Property
  • Territorial Views

Flooring

  • Laminate
  • Ceramic Tile
  • Vinyl

Parking

  • 5 Parking Spaces
  • 3 Covered Spaces
  • Open Parking

Schools

  • Whitman Elementary School
  • Giaudrone Mid Sch Middle School
  • Lincoln High School

Additional Features

  • Deck
  • Natural Gas Connected

Community Details

  • Lincoln Subdivision

Listing and Financial Details

  • Legal Lot and Block 14 / 8823
  • Assessor Parcel Number 893501-835-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,282

Year Built

Built in 1910 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1910
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3120
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 276

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Vinyl
  • Interior Amenities: Ceramic Tile, Laminate Hardwood
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Flat
  • View: Territorial
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: TPU
  • WaterSewerGarbage: 3840

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Tacoma
  • High School: Lincoln
  • Middle Or Junior School: Giaudrone Mid Sch

Lot Info

  • Parcel Number: 893501-835-0
  • Lot Size Acres: 0.1104
  • Lot Size Sq Ft: 4810
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 14

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 3450

Multi Family

  • Gross Scheduled Income: 41400
  • Net Operating Income: 31606
  • Number Of Units Total: 3
  • Insurance Expense: 1672
  • Leasable Area: 3120
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: true
  • VacancyRate: 1

Tax Info

  • Year: 2019
  • Tax Annual Amount: 4282

MLS Schools

  • Elementary School: Whitman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2022
Sold by
Moises Penalver Andre
Bought by
Mitlite Properties Llc
Total Days on Market
6
Current Estimated Value
$736,621

Purchase Details

Closed on
Jan 5, 2022
Sold by
Stephanie Penalver and Penalver Andre
Bought by
Penalver Andre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2022
Sold by
Samala Penalver and Penalver Josiah
Bought by
Penalver Josiah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 24, 2020
Closed on
Apr 3, 2020
Sold by
Boland Gearard
Bought by
Popal Areya
Seller's Agent
Selina Boland
WeLakeside
Buyer's Agent
Aaron Morrow
Keller Williams Rlty Bellevue
List Price
$498,000
Sold Price
$475,000
Premium/Discount to List
-$23,000
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.78%
Original Mortgage
$356,250
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 24, 2020
Closed on
Mar 18, 2020
Sold by
Boland Gearard
Bought by
Popal Areya
Seller's Agent
Selina Boland
WeLakeside
Buyer's Agent
Aaron Morrow
Keller Williams Rlty Bellevue
List Price
$498,000
Sold Price
$475,000
Premium/Discount to List
-$23,000
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2017
Sold by
Boland Selina A and Boland Gearard
Bought by
Boland Gearard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,567
Interest Rate
4.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 2015
Sold by
Beard Alexis and Beard Melissa
Bought by
1910 Properties Llc

Purchase Details

Closed on
Mar 24, 2004
Sold by
Lenow Lisa M
Bought by
Beard Alexis A and Beard Melissa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,600
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Mitlite Properties Llc -- None Listed On Document
Penalver Andre -- New Title Company Name
Penalver Josiah -- New Title Company Name
Penalver Andre Moises -- New Title Company Name
Popal Areya $475,000 Stewart Title
Popal Areya $475,000 Stewart Title
Boland Gearard -- Wfg Natl Title
Boland Gearard $274,719 Wfg Natl Title
1910 Properties Llc -- None Available
Beard Alexis A $197,000 Transnation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Penalver Andre Moises $525,000
Previous Owner Popal Areya $356,250
Previous Owner Popal Areya $356,250
Previous Owner Boland Gearard $295,250
Previous Owner Boland Gearard $283,567
Previous Owner Beard Alexis A $28,500
Previous Owner Beard Alexis A $210,000
Previous Owner Beard Alexis A $157,600
Closed Beard Alexis A $29,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2020 04/03/20 Sold $475,000 -4.6% $152 / Sq Ft
01/30/2020 01/30/20 Pending -- -- --
01/28/2020 01/28/20 For Sale $498,000 0.0% $160 / Sq Ft
01/28/2020 01/28/20 Pending -- -- --
01/24/2020 01/24/20 For Sale $498,000 -- $160 / 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
2024 $6,400 $636,300 $190,600 $445,700
2023 $6,400 $575,200 $179,000 $396,200
2022 $5,782 $626,000 $173,800 $452,200
2021 $5,295 $421,400 $100,300 $321,100
2019 $4,282 $374,700 $87,300 $287,400
2018 $4,835 $329,500 $76,000 $253,500
2017 $4,115 $306,200 $54,700 $251,500
2016 $3,584 $221,100 $39,900 $181,200
2014 $3,141 $206,200 $38,800 $167,400
2013 $3,141 $192,300 $35,500 $156,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1556816

Northwest Multiple Listing Service (NWMLS)

APN: 893501-8350