Listed by RE/MAX Northwest, Bought with Champions Real Estate
NOT LISTED FOR SALE

Estimated Value: $755,025 - $896,000

8 Beds
4 Baths
3,672 Sq Ft
$225/Sq Ft Est. Value

Sale Details

Date Sold: June 26, 2025

Last sale price $853,000 $232 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,536 / mo

17 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Travertine Flooring
  • Territorial View
  • Patio
  • Baseboard Heating

About This Home

As of June 2025

Well maintained 4 plex just waiting for the right investor or owner occupant for the best in house hacking! Investors can enjoy a proforma 6.8% cap rate. Each unit has 2 bedrooms and 1 bathroom with 918 sf, washer/dryer in unit, a fireplace as well as a covered deck or patio. There are 8 uncovered parking spots. Newer roof, new fence, newly landscaped. Unit C is vacant, is available for showing. Units C and D have both been updated. Proforma rent (if Units A&B were refreshed) are $1,800 / unit. All units currently month to month terms. Great access to I-5 and 16 for easy commute. South Tacoma undergoing redevelopment and improvement! Get in early!

Last Agent to Sell the Property

Shane Klinkhammer

RE/MAX Northwest License #127507 Listed on: 05/06/2025

RE/MAX Northwest

Last Buyer's Agent

Victoria Kamara

Champions Real Estate License #91048

Champions Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2371207

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,657

Year Built

  • Built in 1979

Lot Details

  • 10,800 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot

HOA Fees

  • $330 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Stucco
  • Wood Composite

Interior Spaces

  • 3,672 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Carpet
  • Travertine
  • Vinyl

Outdoor Features

  • Deck
  • Patio

Utilities

  • Baseboard Heating
  • High Speed Internet
  • Cable TV Available

Community Details

  • Mason Circle Condos
  • South Tacoma Subdivision

Listing and Financial Details

  • Tax Lot 2165
  • Assessor Parcel Number 5554000040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,657

Year Built

Built in 1979

Lot Details

10,800 Sq Ft Lot

HOA Fees

$330 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1979
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Mason Circle
  • New Construction: No
  • Structure Type: Quadruplex
  • CalculatedSquareFootage: 3672
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Travertine, Vinyl, Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot, Curbs, Paved
  • View: Yes
  • Waterfront: No
  • Construction Type: Stucco, Wood
  • Exterior Features: Stucco, Wood, Wood Products
  • Foundation Details: Slab

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Partially Fenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: Tacoma Public Utilities
  • SewerCompany: Tacoma Public Utilities
  • WaterCompany: Tacoma Public Utilities

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 330
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Annual Fuel Expense: 2548
  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Tacoma
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 5554000040
  • Lot Size Acres: 0.2479
  • Lot Size Sq Ft: 10800
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,High Speed Internet,Patio
  • MLSLotSizeSource: Realist
  • LotNumber: 2165

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 10.12
  • LeasedItems: None
  • TotalMonthlyIncome: 7200

Tax Info

  • Year: 2025
  • Tax Annual Amount: 8657

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 2548
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2025
Closed on
Jun 24, 2025
Sold by
Bought by
Seller's Agent
Shane Klinkhammer
RE/MAX Northwest
Buyer's Agent
Victoria Kamara
Champions Real Estate
List Price
$874,950
Sold Price
$853,000
Premium/Discount to List
-$21,950
-2.51%
Current Estimated Value
$825,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,487
Avg. Annual Appreciation
-3.10%
Original Mortgage
$871,339
Interest Rate
0.0681%
Mortgage Type
VA

Purchase Details

Closed on
May 18, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,461
Interest Rate
0.0713%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 3, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
0.0863%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 7, 2000
Sold by
Bought by

Purchase Details

Closed on
Sep 28, 1994
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$853,000 Old Republic Title
$853,000 Old Republic Title
$229,000 Chicago Title
-- --
-- --
$141,080 --
$168,692 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $871,339
Closed $871,339
Previous Owner $225,461
Previous Owner $123,750
Previous Owner $147,900
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/24/2025 11/24/25 Off Market $853,000 -- --
06/26/2025 06/26/25 Sold $853,000 -2.5% $232 / Sq Ft
05/23/2025 05/23/25 Pending -- -- --
05/20/2025 05/20/25 For Sale $874,950 0.0% $238 / Sq Ft
05/17/2025 05/17/25 Pending -- -- --
05/06/2025 05/06/25 For Sale $874,950 -- $238 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,969 $827,400 $232,800 $594,600
2024 $8,657 $824,600 $225,000 $599,600
2023 $8,657 $778,400 $215,200 $563,200
2022 $7,680 $738,800 $211,900 $526,900
2021 $6,786 $540,400 $116,300 $424,100
2019 $5,210 $458,000 $93,600 $364,400
2018 $5,638 $401,100 $81,800 $319,300
2017 $5,104 $357,100 $62,100 $295,000
2016 $4,141 $278,900 $44,100 $234,800
2014 $4,008 $238,300 $42,800 $195,500
2013 $4,008 $201,000 $40,000 $161,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2371207

Northwest Multiple Listing Service (NWMLS)

APN: 555400-0040

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