Listed by Best Choice Realty LLC, Bought with Pellego, Inc.
NOT LISTED FOR SALE

Estimated Value: $913,000 - $969,220

8 Beds
4 Baths
3,248 Sq Ft
$290/Sq Ft Est. Value

Last Sold December 28, 2020

Last sale price $739,000 $228 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $5,664/month

6 Days on Market

About This Home

As of December 2020

Great investment opportunity. Well cared for 4 plex close to playground, schools, shopping, and freeway. Long term tenants. Features include newer roof, exterior paint, covered parking, new vinyl windows, energy efficient insulation, individual storage. Each unit has 2 bed 1bath with covered deck(2nd floor) or huge yards (ground floor)with its own fireplace, washer/ Dryer, all appliances stay. Lots of potential. Secure this property today and gain instant equity!

Last Agent to Sell the Property

Shanon Yop

Best Choice Realty LLC License #73931 Listed on: 11/18/2020

Best Choice Realty LLC

Last Buyer's Agent

Sherine Bolos

Pellego, Inc. License #20113023

Pellego, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1690816

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,674

Year Built

  • Built in 1979

Lot Details

  • 8,296 Sq Ft Lot
  • Open Space
  • Street terminates at a dead end
  • Property is in good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 3,248 Sq Ft Home
  • 2-Story Property

Flooring

  • Laminate
  • Vinyl

Parking

  • 6 Parking Spaces
  • 8 Covered Spaces
  • Open Parking

Schools

  • Whittier Elementary School
  • Gray Middle School
  • Foss High School

Community Details

  • South Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5554000200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,674

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: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3248
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Laminate, Vinyl
  • Interior Amenities: Laminate
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Playground

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Open Space, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 6
  • Carport Y N: No
  • Covered Parking Spaces: 8
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Tacoma Public Utilities
  • SewerCompany: Tacoma Public Utilities
  • WaterCompany: Tacoma Public Utilities
  • WaterSewerGarbage: 3649

Schools

  • Junior High Dist: Tacoma
  • High School: Foss
  • Middle Or Junior School: Gray

Lot Info

  • Parcel Number: 5554000200
  • Lot Size Acres: 0.1904
  • Lot Size Sq Ft: 8296
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: County Records

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Multi Family

  • Gross Scheduled Income: 57600
  • Net Operating Income: 44398
  • Number Of Units Total: 4
  • Electric Expense: 557
  • Insurance Expense: 1079
  • Leasable Area: 3248
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2020
  • Tax Annual Amount: 5674

MLS Schools

  • Elementary School: Whittier

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2020
Closed on
Dec 21, 2020
Sold by
Collins Danielle
Bought by
Bolos Shenouda G and Bolos Sherine K
Seller's Agent
Shanon Yop
Best Choice Realty LLC
Buyer's Agent
Sherine Bolos
Pellego, Inc.
List Price
$739,000
Sold Price
$739,000
Current Estimated Value
$941,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,110
Avg. Annual Appreciation
5.18%
Original Mortgage
$591,200
Outstanding Balance
$527,283
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$413,827

Purchase Details

Closed on
Sep 28, 2018
Sold by
Young Ja Jung Young and Young Ju Kim
Bought by
Collins Danielle

Purchase Details

Closed on
Jan 24, 2011
Sold by
Deutsche Bank National Trust Company
Bought by
Jung Young J A and Kim Young Ju

Purchase Details

Closed on
Sep 27, 2010
Sold by
Clark Rashan
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jul 5, 2007
Sold by
Clark Rashan O
Bought by
Docs Properties Llc

Purchase Details

Closed on
Sep 28, 2006
Sold by
Baker Robert R
Bought by
Clark Rashan O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,800
Interest Rate
6.53%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 9, 1998
Sold by
Abel George
Bought by
Baker Robert R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
6.91%
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
Bolos Shenouda G $739,000 First American Title
Collins Danielle -- Chicago Title
Jung Young J A $175,000 Northwest Title
Deutsche Bank National Trust Company $208,250 Northwest Title
Docs Properties Llc -- None Available
Clark Rashan O $392,000 Trans
Baker Robert R $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bolos Shenouda G $591,200
Previous Owner Clark Rashan O $352,800
Previous Owner Baker Robert R $98,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2020 12/28/20 Sold $739,000 0.0% $228 / Sq Ft
11/24/2020 11/24/20 Pending -- -- --
11/18/2020 11/18/20 For Sale $739,000 -- $228 / 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 $8,102 $786,600 $220,600 $566,000
2024 $8,102 $785,000 $213,100 $571,900
2023 $8,102 $728,400 $203,900 $524,500
2022 $7,190 $692,100 $198,700 $493,400
2021 $6,296 $501,300 $109,000 $392,300
2019 $4,862 $425,300 $87,800 $337,500
2018 $5,239 $374,300 $76,700 $297,600
2017 $4,745 $331,800 $57,500 $274,300
2016 $3,850 $259,100 $40,900 $218,200
2014 $1,865 $221,500 $39,600 $181,900
2013 $1,865 $187,100 $37,100 $150,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1690816

Northwest Multiple Listing Service (NWMLS)

APN: 555400-0200