Listed by Kidder Mathews, Bought with Real Broker LLC
$610,000
SOLD JUL 25, 2025

3903 N 16th St Unit 3905 Tacoma, WA 98406

North Tacoma Neighborhood
-- Bed
-- Bath
1,668 Sq Ft
5,625 Sq Ft Lot

Recently Sold

$366 Per Sq Ft

6% Below List Price

About This Home

As of July 2025

Located on the corner of N Proctor and N 16th Street – this proctor duplex is minutes walking from downtown Proctor, the University of Puget Sound, and rapidly growing 6th Ave. Built in 1952, this two-story building offers spacious 2-bedroom 1-bath units that average 850 SF. A value-add opportunity, new ownership has the potential to renovate interiors - and increase rents by over 28%. Recent capital expenditures include a new roof, furnace, kitchen appliances, flooring, and a new washer / dryer.

Last Agent to Sell the Property

Austin Kelley

Kidder Mathews License #131596 Listed on: 06/18/2025

Last Buyer's Agent

Kevin Brown

Real Broker LLC License #133108

Real Broker LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2394583

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,926

Year Built

  • Built in 1952

Lot Details

  • 5,625 Sq Ft Lot
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Additional Features

  • 2-Story Property
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Proctor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7475024660

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,926

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 52 - Duplex
  • Year Built: 1952
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 0
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • WaterSewerGarbage: 2300

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 7475024660
  • Lot Size Acres: 0.1291
  • Lot Size Sq Ft: 5625
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 3823

Multi Family

  • Gross Scheduled Income: 45380
  • Net Operating Income: 31885
  • Number Of Units Total: 2
  • Insurance Expense: 1000
  • Leasable Area: 1900
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2025
  • Tax Annual Amount: 6926

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2025
Closed on
Jul 22, 2025
Sold by
Gordon Amy Lhea
Bought by
Brown Amanda and Brown Kevin
Seller's Agent
Austin Kelley
Kidder Mathews
Buyer's Agent
Kevin Brown
Real Broker LLC
List Price
$650,000
Sold Price
$610,000
Premium/Discount to List
-$40,000
-6.15%
Views
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
19.42%
Original Mortgage
$457,500
Outstanding Balance
$456,724
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$174,201

Purchase Details

Closed on
Oct 3, 2023
Sold by
Scheibal Scott
Bought by
Scheibal Amy

Purchase Details

Closed on
Jun 17, 1999
Sold by
Kaelin Joseph L
Bought by
Scheibal Scott L and Scheibal Amy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7.01%
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 Type Sale Price Title Company
Warranty Deed $610,000 Cw Title
Quit Claim Deed -- None Listed On Document
Warranty Deed $140,000 Rainier Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $457,500 New Conventional
Previous Owner $112,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 Sold $610,000 -6.2% $366 / Sq Ft
06/20/2025 06/20/25 Pending -- -- --
06/18/2025 06/18/25 For Sale $650,000 -- $390 / 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 $6,484 $628,900 $307,500 $321,400
2024 $6,484 $636,600 $307,500 $329,100
2023 $6,484 $582,700 $271,700 $311,000
2022 $5,914 $601,000 $285,700 $315,300
2021 $5,396 $429,500 $172,200 $257,300
2019 $4,374 $375,200 $149,600 $225,600
2018 $4,717 $336,600 $136,900 $199,700
2017 $4,290 $298,700 $114,400 $184,300
2016 $3,923 $243,100 $81,200 $161,900
2014 $3,516 $225,700 $74,300 $151,400
2013 $3,516 $196,600 $64,600 $132,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2394583

Northwest Multiple Listing Service (NWMLS)

APN: 747502-4660