Listed by Commercial Advantage, LLC
NOT LISTED FOR SALE

3915 Mason Loop Rd Unit 1 Tacoma, WA 98409

South Tacoma Neighborhood

Estimated Value: $907,000 - $1,071,245

8 Beds
4 Baths
3,672 Sq Ft
$269/Sq Ft Est. Value

Last Sold June 01, 2016

Last sale price $362,500 $99 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $5,965/month

5 Days on Market

Highlights

  • Deck
  • Open Space
  • Wood Siding
  • Corner Lot
  • Ceramic Tile Flooring

About This Home

As of June 2016

Well maintained 4-Plex. 1 unit updated recently. New roof in 2015.

Last Agent to Sell the Property

Richard Clauson

Commercial Advantage, LLC License #8953 Listed on: 03/30/2016

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 916984

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,200

Year Built

  • Built in 1979

Lot Details

  • 10,200 Sq Ft Lot
  • Open Space
  • Street terminates at a dead end
  • Corner Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Poured Concrete
  • Wood Siding
  • Wood Composite

Interior Spaces

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

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Additional Features

  • Deck
  • Cable TV Available

Community Details

  • Mason Circle Condos
  • South Tacoma Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 5554000060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,200

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
  • Building Name: Mason Circle
  • New Construction: No
  • CalculatedSquareFootage: 3672
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Playground,Storage

Exterior Features

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

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: Tacoma
  • SewerCompany: Tacoma
  • WaterCompany: Tacoma
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 5554000060
  • Lot Size Acres: 0.2342
  • Lot Size Sq Ft: 10200
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck
  • MLSLotSizeSource: County
  • ZoningClass: Multi-Family
  • LotNumber: 6

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 9
  • LeasedItems: None
  • TotalMonthlyIncome: 3490

Multi Family

  • Gross Scheduled Income: 41900
  • Net Operating Income: 29400
  • Number Of Units Total: 4
  • Insurance Expense: 800
  • Leasable Area: 3672
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2015
  • Tax Annual Amount: 4200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2024
Sold by
3915 Mason Llc
Bought by
Wang Fangfang and Feng Shuo
Current Estimated Value
$989,123

Purchase Details

Closed on
Mar 11, 2024
Sold by
Wang Fangfang and Feng Shuo
Bought by
3915 Mason Llc

Purchase Details

Closed on
Jan 24, 2023
Sold by
Diltz Greg
Bought by
Wang Fangfang and Feng Shuo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$703,125
Interest Rate
6.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 30, 2016
Closed on
May 31, 2016
Sold by
Myers Robert and Myers Robert Swails
Bought by
Diltz Greg
Seller's Agent
Richard Clauson
Commercial Advantage, LLC
List Price
$379,950
Sold Price
$362,500
Premium/Discount to List
-$17,450
-4.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.31%
Original Mortgage
$355,933
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 10, 2009
Sold by
Gmac Mortgage Llc
Bought by
Myers Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,810
Interest Rate
5.19%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 9, 2009
Sold by
Leonard David A and Leonard Shannon C
Bought by
Gmac Mortgage Llc and Gmac Mortgage Corporation

Purchase Details

Closed on
Jul 29, 2005
Sold by
Duncan Chad
Bought by
Leonard David A and Leonard Shannon C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 6, 2003
Sold by
Teresa M Charles H
Bought by
Duncan Chad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,750
Interest Rate
7.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 19, 2001
Sold by
Vaughan Charles H
Bought by
Vaughan Charles H and Vaughan Teresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,800
Interest Rate
6.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 26, 1997
Sold by
Robinson Matthew S and Robinson Yon Suk
Bought by
Vaughan Charles H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,375
Interest Rate
7.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 31, 1994
Sold by
Mayers Kathleen S
Bought by
Robinson Matthew S and Robinson Yon Suk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
8.7%
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
Wang Fangfang -- Old Republic Title
3915 Mason Llc -- None Listed On Document
Wang Fangfang -- Chicago Title
Diltz Greg $362,219 Cw Title
Myers Robert $229,000 Fidelity Natl Title Ins Co
Gmac Mortgage Llc $351,640 Fatco
Leonard David A $400,000 First American Title Ins Co
Duncan Chad $215,000 Fidelity National Title
Vaughan Charles H -- --
Vaughan Charles H $194,869 First American Title Ins Co
Robinson Matthew S -- First American Title Ins Co
Robinson Matthew S $174,509 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wang Fangfang $703,125
Previous Owner Diltz Greg $355,933
Previous Owner Myers Robert $244,810
Previous Owner Leonard David A $320,000
Previous Owner Duncan Chad $182,750
Previous Owner Vaughan Charles H $163,800
Previous Owner Vaughan Charles H $142,375
Previous Owner Robinson Matthew S $136,000
Closed Vaughan Charles H $16,750
Closed Duncan Chad $32,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2016 06/01/16 Sold $362,500 -4.6% $99 / Sq Ft
04/05/2016 04/05/16 Pending -- -- --
03/30/2016 03/30/16 For Sale $379,950 -- $103 / 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 $8,656 $839,100 $230,100 $609,000
2024 $8,656 $824,700 $222,400 $602,300
2023 $8,656 $778,300 $212,700 $565,600
2022 $7,655 $735,900 $209,000 $526,900
2021 $6,766 $538,800 $114,700 $424,100
2019 $5,196 $456,700 $92,300 $364,400
2018 $5,622 $400,000 $80,700 $319,300
2017 $5,091 $356,100 $61,100 $295,000
2016 $4,129 $278,200 $43,400 $234,800
2014 $3,996 $237,600 $42,100 $195,500
2013 $3,996 $200,300 $39,300 $161,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 916984

Northwest Multiple Listing Service (NWMLS)

APN: 555400-0060