3902 Mason Loop Rd Tacoma, WA 98409
South Tacoma NeighborhoodEstimated payment $5,446/month
Highlights
- Deck
- Thermal Windows
- Patio
- Secluded Lot
- Cul-De-Sac
- Baseboard Heating
About This Home
HUGE PRICE REDUCTION BELOW MARKET VALUE!!! Investors Dream! Opportunity knocks! Great Location! Well maintained 4-Unit Apartment complex. Beautifully manicured shrubs & trees, fully fenced corner lot. Each unit offers 2 bedrooms, 1 bath, deck or patio and 850 sf of living area. Updated kitchen with granite countertops & vinyl flooring, baths updated. Washer/Dryer hookup in each unit. Newer wall to wall carpet and a woodburning fireplace and carport parking space for each unit. All units currently leased, long-time tenants. Easy access to WA-16/I-5. Solid investment opportunity! Don't miss out!
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2393924
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,129
Year Built
- Built in 1979
Lot Details
- 9,300 Sq Ft Lot
- Cul-De-Sac
- Street terminates at a dead end
- Property is Fully Fenced
- Secluded Lot
- Property is in average condition
HOA Fees
- $350 Monthly HOA Fees
Parking
- 4 Parking Spaces
Home Design
- Quadruplex
- Slab Foundation
- Composition Roof
- Wood Siding
Interior Spaces
- 3,248 Sq Ft Home
- 2-Story Property
- Thermal Windows
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Outdoor Features
- Deck
- Patio
Schools
- Whittier Elementary School
- Hunt Middle School
- Foss High School
Utilities
- Baseboard Heating
- Cable TV Available
Community Details
- Mason Circle Condos
- South Tacoma Subdivision
Listing and Financial Details
- Legal Lot and Block 19 / 3007
- Assessor Parcel Number 5554000190
Map
Home Values in the Area
Average Home Value in this Area
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 | $8,129 | $790,200 | $225,800 | $564,400 |
| 2024 | $8,129 | $787,100 | $218,200 | $568,900 |
| 2023 | $8,129 | $730,800 | $208,700 | $522,100 |
| 2022 | $7,228 | $696,800 | $204,300 | $492,500 |
| 2021 | $6,383 | $508,200 | $112,100 | $396,100 |
| 2019 | $4,926 | $427,300 | $90,300 | $337,000 |
| 2018 | $5,314 | $379,200 | $78,900 | $300,300 |
| 2017 | $4,810 | $336,600 | $59,500 | $277,100 |
| 2016 | $3,905 | $262,700 | $42,300 | $220,400 |
| 2014 | $3,782 | $224,700 | $41,000 | $183,700 |
| 2013 | $3,782 | $189,800 | $38,300 | $151,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/30/2025 09/30/25 | Price Changed | $840,000 | -1.8% | $259 / Sq Ft |
| 08/16/2025 08/16/25 | Price Changed | $855,000 | -2.3% | $263 / Sq Ft |
| 07/14/2025 07/14/25 | Price Changed | $875,000 | -2.2% | $269 / Sq Ft |
| 06/20/2025 06/20/25 | For Sale | $895,000 | -- | $276 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $373,000 | First American Title Ins Co | |
| Warranty Deed | $214,800 | First American Title Ins Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $300,000 | Commercial | |
| Previous Owner | $193,300 | Commercial |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2393924
APN: 555400-0190
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Based on information submitted to the MLS GRID
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