Listed by RE/MAX Advantage, Bought with Better Properties Kent LLC
NOT LISTED FOR SALE

3921 Mason Loop Rd Tacoma, WA 98409

South Tacoma Neighborhood

Estimated Value: $702,670 - $840,000

8 Beds
4 Baths
4,190 Sq Ft
$184/Sq Ft Est. Value

Last Sold October 02, 2013

Last sale price $262,500 $63 Per Sq Ft

Est. 194% increase in value since last sale

Current estimated payment $4,757/month

Highlights

  • Deck
  • Patio
  • Property is in very good condition
  • Cul-De-Sac
  • High Speed Internet
  • Wood Siding

About This Home

As of October 2013

Great Investment opportunity to walk in on turnkey fully rented 4-plex. 10% Cap Rate - long term tenants. This owner keeps his properties maintained well. Positive cash flow for a great investment. Potential for setting up coin-op. Do not disturb tenants.

Last Agent to Sell the Property

DeAnne Davidson

RE/MAX Advantage License #21624 Listed on: 06/18/2013

RE/MAX Advantage

Last Buyer's Agent

Rick Lewis

Better Properties Kent LLC License #109229

Better Properties Kent LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 503695

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,057

Year Built

  • Built in 1981

Lot Details

  • 9,000 Sq Ft Lot
  • Cul-De-Sac
  • Property is in very good condition

Home Design

  • Quadruplex
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,190 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Mason Circle Condos
  • Tacoma Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 5554000080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,057

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1981
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Mason Circle
  • CalculatedSquareFootage: 4190
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Cement/Concrete, Wood
  • Foundation Details: Poured Concrete, Slab
  • Property Condition: Very 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, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: City of Tacoma
  • SewerCompany: Tacoma
  • WaterCompany: City of Tacoma
  • WaterSewerGarbage: 5448

Schools

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

Lot Info

  • Parcel Number: 5554000080
  • Lot Size Acres: 0.2066
  • Lot Size Sq Ft: 9000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,High Speed Internet,Patio
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential
  • LotNumber: 8

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 7
  • LeasedItems: None
  • TotalMonthlyIncome: 3120

Multi Family

  • Gross Scheduled Income: 37440
  • Net Operating Income: 28195
  • Number Of Units Total: 4
  • Insurance Expense: 740
  • Leasable Area: 2460
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2013
  • Tax Annual Amount: 3057

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2022
Sold by
Bolos Shenouda G and Bolos Sherine K
Bought by
North Pacific Peace Llc
Current Estimated Value
$771,335

Purchase Details

Listed on
Jun 18, 2013
Closed on
Sep 26, 2013
Sold by
Russell Dennis
Bought by
Bolos Sherine and Bolos Shenouda
Seller's Agent
DeAnne Davidson
RE/MAX Advantage
Buyer's Agent
Rick Lewis
Better Properties Kent LLC
List Price
$280,000
Sold Price
$262,500
Premium/Discount to List
-$17,500
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.37%
Original Mortgage
$187,500
Interest Rate
4.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 6, 1995
Sold by
Johnson I Walfrid and Johnson Maria K
Bought by
Russell Dennis and Russell Theresa

Purchase Details

Closed on
Oct 25, 1995
Sold by
Johnson I Walfrid and Johnson Maria K
Bought by
Johnson I Walfrid and Johnson Maria K
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
North Pacific Peace Llc -- None Listed On Document
Bolos Sherine $262,500 Chicago Title Company
Russell Dennis $72,500 Chicago Title
Russell Dennis $72,500 Chicago Title
Johnson I Walfrid -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bolos Sherine $187,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2013 10/02/13 Sold $262,500 -6.3% $63 / Sq Ft
06/19/2013 06/19/13 Pending -- -- --
06/18/2013 06/18/13 For Sale $280,000 -- $67 / 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 $8,015 $767,300 $224,300 $543,000
2024 $8,015 $763,200 $216,700 $546,500
2023 $8,015 $720,600 $207,300 $513,300
2022 $7,081 $682,900 $202,700 $480,200
2021 $6,339 $504,700 $111,200 $393,500
2019 $4,839 $423,900 $89,600 $334,300
2018 $5,270 $372,500 $78,200 $294,300
2017 $4,728 $333,800 $58,900 $274,900
2016 $3,872 $258,300 $41,900 $216,400
2014 $3,057 $222,800 $40,600 $182,200
2013 $3,057 $186,300 $38,000 $148,300
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    DeAnne Davidson

    RE/MAX

    Section Image

  • R

    Buyer's Agent in 2013

    Rick Lewis

    Better Properties Kent LLC

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 503695

Northwest Multiple Listing Service (NWMLS)

APN: 555400-0080

Washington Pierce County Tacoma 98409 South Tacoma

3921 Mason Loop Rd, Tacoma, WA

This home is located at 3921 Mason Loop Rd, Tacoma, WA 98409 since 18 June 2013 and is currently estimated at $771,335, approximately $184 per square foot. This property was built in 1981. 3921 Mason Loop Rd is a home located in Pierce County with nearby schools including Whittier Elementary School, Wainwright Intermediate School, and Foss High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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