Listed by Keller Williams Rty Tacoma, Bought with John L. Scott R.E.Tacoma North
NOT LISTED FOR SALE

Estimated Value: $755,706 - $921,000

8 Beds
4 Baths
3,568 Sq Ft
$235/Sq Ft Est. Value

Last Sold September 17, 2013

Last sale price $280,000 $78 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $5,164/month

148 Days on Market

Highlights

  • Deck
  • Wood Siding
  • Wall to Wall Carpet
  • Partially Fenced Property

About This Home

As of September 2013

Great investment opportunity on 4 plex, 2 bedrooms, 1 bath, washer & dryer for each individual unit. Units are in good condition.

Last Agent to Sell the Property

Matthew Harber

Keller Williams Rty Tacoma License #25202 Listed on: 02/25/2013

Keller Williams Rty Tacoma

Co-Listed By

Joel Cox

Better Properties N. Proctor License #111443

Last Buyer's Agent

Joe Bauman

John L. Scott R.E.Tacoma North License #12044

John L. Scott R.E.Tacoma North

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 452217

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,920

Year Built

  • Built in 1979

Lot Details

  • 9,509 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,568 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Additional Features

  • Deck
  • Cable TV Available

Community Details

  • Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5554000030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,920

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1979
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 3568
  • SOCComments: Full Commission/Not Short
  • Special Features: VirtualTour

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Slab
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: TPU
  • WaterSewerGarbage: 4800

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 5554000030
  • Lot Size Acres: 0.2183
  • Lot Size: 9509
  • Lot Size Sq Ft: 9509
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 7
  • LeasedItems: None
  • TotalMonthlyIncome: 3050

Multi Family

  • Gross Scheduled Income: 36600
  • Net Operating Income: 23280
  • Number Of Units Total: 4
  • Insurance Expense: 1300
  • Leasable Area: 3568
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2012
  • Tax Annual Amount: 3920

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2017
Sold by
Bui Albert
Bought by
Rainer Holdings Llc
Current Estimated Value
$838,353

Purchase Details

Listed on
Feb 25, 2013
Closed on
Sep 12, 2013
Sold by
Buntain Lorraine B
Bought by
Bui Albert
Seller's Agent
Matthew Harber
Keller Williams Rty Tacoma
Buyer's Agent
Joe Bauman
John L. Scott R.E.Tacoma North
List Price
$274,000
Sold Price
$280,000
Premium/Discount to List
$6,000
2.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.51%
Original Mortgage
$210,000
Interest Rate
4.36%
Mortgage Type
Commercial
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
Rainer Holdings Llc -- Wfg Natl Title
Bui Albert $280,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bui Albert $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2013 09/17/13 Sold $280,000 +2.2% $78 / Sq Ft
07/25/2013 07/25/13 Pending -- -- --
02/26/2013 02/26/13 For Sale $274,000 -- $77 / 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 $8,644 $843,600 $226,800 $616,800
2024 $8,644 $843,000 $219,200 $623,800
2023 $8,644 $777,200 $209,700 $567,500
2022 $7,727 $741,800 $205,400 $536,400
2021 $6,809 $542,200 $112,800 $429,400
2019 $5,251 $460,500 $90,800 $369,700
2018 $5,666 $404,300 $79,300 $325,000
2017 $5,134 $358,900 $59,800 $299,100
2016 $4,162 $280,400 $42,600 $237,800
2014 $2,014 $239,500 $41,200 $198,300
2013 $2,014 $202,400 $38,600 $163,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 452217

Northwest Multiple Listing Service (NWMLS)

APN: 555400-0030