NOT LISTED FOR SALE

Estimated Value: $818,000

8 Beds
6 Baths
3,696 Sq Ft
$221/Sq Ft Est. Value

Last Sold August 28, 2015

Last sale price $275,000 $74 Per Sq Ft

Est. 197% increase in value since last sale

Current estimated payment $5,119/month

26 Days on Market

Highlights

  • Deck
  • Open Space
  • High Speed Internet
  • Territorial View

About This Home

As of August 2015

Awesome investment opportunity on this desirable 4-plex in Tacoma. All units have a 1 car garage and storage unit. Features include four - 2 bedroom units with 1.5 baths, kitchen with dining area, living room with fireplace and slider to balcony, master bedroom with walk-through closet to half bath, and a slider to balcony. Some units were in the process of rehabbing and would need to be completed.

Co-Listed By

Renee Keel

eXp Realty License #80196

eXp Realty

Last Buyer's Agent

Vasily Stepin

Keller Williams Realty PS License #104191

Keller Williams Realty PS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 809048

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,534

Year Built

  • Built in 1979

Lot Details

  • 8,200 Sq Ft Lot
  • Open Space

Parking

  • 4 Covered Spaces

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 3,696 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Outdoor Features

  • Deck

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • South Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5554000090

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,534

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: 1%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3696
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: under auction terms
  • Special Features: Auction

Interior Features

  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Open Space, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Fair
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking: No
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: TPU
  • WaterSewerGarbage: 0

Schools

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

Lot Info

  • Parcel Number: 5554000090
  • Lot Size Acres: 0.1882
  • Lot Size Sq Ft: 8200
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,High Speed Internet
  • MLSLotSizeSource: assessor

Green Features

  • Power Production Type: Electric

Rental Info

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

Tax Info

  • Year: 2015
  • Tax Annual Amount: 4534

Multi Family

  • Number Of Units Total: 4
  • Leasable Area: 3696
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2015
Closed on
Aug 26, 2015
Sold by
Kurkov Marina
Bought by
Kurkov Pavel
Buyer's Agent
Vasily Stepin
Keller Williams Realty PS
List Price
$345,100
Sold Price
$275,000
Premium/Discount to List
-$70,100
-20.31%
Current Estimated Value
$818,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$543,000
Avg. Annual Appreciation
11.36%
Original Mortgage
$301,491
Outstanding Balance
$237,282
Interest Rate
4.05%
Mortgage Type
Commercial
Estimated Equity
$580,718

Purchase Details

Listed on
Jun 23, 2015
Closed on
Aug 4, 2015
Sold by
Wilmington Trust National Association
Bought by
Kurkov Pavel
Buyer's Agent
Vasily Stepin
Keller Williams Realty PS
List Price
$345,100
Sold Price
$275,000
Premium/Discount to List
-$70,100
-20.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,491
Outstanding Balance
$237,282
Interest Rate
4.05%
Mortgage Type
Commercial
Estimated Equity
$580,718

Purchase Details

Closed on
Jun 3, 2015
Sold by
Ramos Rafael R and Ramos Rebeca
Bought by
Wilmington Trust National Association

Purchase Details

Closed on
Mar 22, 2006
Sold by
Hoang Viet Q and Huynh Nga N
Bought by
Ramos Rafael R and Ramos Rebeca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
7.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 24, 2005
Sold by
Walsh Michael P
Bought by
Hoang Viet Q and Huynh Nga N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,204
Interest Rate
1.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 24, 2004
Sold by
Devries Pamela
Bought by
Walsh Michael P and Walsh Lisa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 25, 2003
Sold by
Cook Daniel B
Bought by
Devries Pamela

Purchase Details

Closed on
Apr 14, 1999
Sold by
Cook Sandra M
Bought by
Cook Daniel B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.1%
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
Kurkov Pavel -- First American Title Ins Co
Kurkov Pavel $288,469 First American Title Ins Co
Wilmington Trust National Association $384,808 Old Republic Title Ltd
Ramos Rafael R $395,000 First American Title Ins Co
Hoang Viet Q $376,505 Rainier Title Company
Walsh Michael P $300,000 Fidelity National Title Co
Devries Pamela $251,500 First American Title Ins Co
Cook Daniel B -- First American Title
Cook Daniel B $174,509 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kurkov Pavel $301,491
Previous Owner Ramos Rafael R $316,000
Previous Owner Hoang Viet Q $301,204
Previous Owner Walsh Michael P $240,000
Previous Owner Cook Daniel B $120,000
Closed Walsh Michael P $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2015 08/28/15 Sold $275,000 -20.3% $74 / Sq Ft
07/22/2015 07/22/15 Pending -- -- --
06/25/2015 06/25/15 For Sale $345,100 -- $93 / 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 $9,384 $901,000 $220,000 $681,000
2024 $9,384 $899,300 $212,600 $686,700
2023 $9,384 $843,800 $203,400 $640,400
2022 $8,372 $797,200 $198,100 $599,100
2021 $7,431 $591,800 $108,700 $483,100
2019 $5,688 $502,500 $87,500 $415,000
2018 $6,177 $438,000 $76,500 $361,500
2017 $5,609 $391,300 $57,300 $334,000
2016 -- $306,700 $40,800 $265,900
2014 $4,328 $260,900 $39,500 $221,400
2013 $4,328 $219,200 $37,000 $182,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 809048

Northwest Multiple Listing Service (NWMLS)

APN: 555400-0090