Listed by Columbia Partners Real Estate, Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

3947 Mason Loop Rd Tacoma, WA 98409

South Tacoma Neighborhood

Estimated Value: $905,000 - $1,007,931

8 Beds
6 Baths
3,696 Sq Ft
$259/Sq Ft Est. Value

Last Sold February 09, 2023

Last sale price $890,000 $241 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,121/month

93 Days on Market

Highlights

  • Territorial View
  • Wood Siding
  • Wall to Wall Carpet
  • Thermal Windows

About This Home

As of February 2023

Look no further! Sought after cash-flowing 4-plex in the Mason Circle HOA. Each spacious unit is 900+ square feet, 2 bedrooms, 1.5 bathrooms with a private garage plus storage & 2 additional tandem off-street parking spots. Each unit has washer/dryer & dishwasher, & private covered exterior deck/balcony. Well maintained with newer roof, thermal windows & exterior paint. Close to freeway, downtown, shopping & schools. New Tacoma rezoning implementation allows for significant development potential! A must see!

Last Agent to Sell the Property

Mark Caldwell

Columbia Partners Real Estate License #23577 Listed on: 09/20/2022

Last Buyer's Agent

Aaron Nelson

Skyline Properties, Inc. License #127645

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1998327

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,624

Year Built

  • Built in 1979

Lot Details

  • 0.28 Acre Lot

HOA Fees

  • $245 Monthly HOA Fees

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

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

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 12 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Community Details

  • South Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5554000132

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,624

Year Built

Built in 1979

Lot Details

0

HOA Fees

$245 per month

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: 3696
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Territorial
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 12
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: TPU
  • CableConnected: Click/Xfinity
  • InternetConnected: Click/Xfinity
  • WaterSewerGarbage: 4500

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 245
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 5554000132
  • Lot Size Acres: 0.2755
  • Lot Size Sq Ft: 12000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: realist
  • ZoningJurisdiction: City

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13.6
  • LeasedItems: None
  • TotalMonthlyIncome: 6800

Multi Family

  • Gross Scheduled Income: 81600
  • Net Operating Income: 64336
  • Number Of Units Total: 4
  • Insurance Expense: 1200
  • Leasable Area: 3696
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2022
  • Tax Annual Amount: 8624

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2022
Closed on
Jan 24, 2023
Sold by
Mt Rainier Land Llc
Bought by
Fang Zheng and Shang Yujuan
Seller's Agent
Mark Caldwell
Columbia Partners Real Estate
Buyer's Agent
Aaron Nelson
Skyline Properties, Inc.
List Price
$980,000
Sold Price
$890,000
Premium/Discount to List
-$90,000
-9.18%
Views
35
Current Estimated Value
$956,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,466
Avg. Annual Appreciation
2.73%
Original Mortgage
$667,500
Outstanding Balance
$650,432
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$306,034

Purchase Details

Closed on
Oct 4, 2021
Sold by
Gallagher Alison and Gallagher Patrick
Bought by
Rowling Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2021
Sold by
Rowling Llc
Bought by
Gallagher Alison and Gallagher Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2020
Sold by
Gallagher Alison and Gallagher Patrick
Bought by
Rowling Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,400
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2020
Sold by
Nezami Erfan Ghazi and Oskouei Alyar Rasouli
Bought by
Gallagher Alison and Gallagher Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,400
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2017
Sold by
Hawkins Richard S and Maylon Jami M
Bought by
Nezami Erfan Ghazi and Oskouei Aylar Rasouli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 26, 2012
Sold by
Hawkins Richard S
Bought by
Hawkins Richard S and Hawkins Jami M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
3.74%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 31, 2011
Closed on
Apr 4, 2012
Sold by
Hawkins Jami M
Bought by
Hawkins Richard S
Seller's Agent
Donna Rudebaugh
PRO RLTYSRVCS Eastside
List Price
$199,950
Sold Price
$211,000
Premium/Discount to List
$11,050
5.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.84%
Original Mortgage
$199,395
Interest Rate
3.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 26, 2002
Sold by
Cook Sandra Michele
Bought by
Brooks Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,600
Interest Rate
6.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 27, 1999
Sold by
Cook Daniel B
Bought by
Cook Sandra Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.56%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Fang Zheng -- Chicago Title
Rowling Llc -- None Available
Gallagher Alison -- First American Title
Rowling Llc -- None Available
Gallagher Alison $625,500 First American Title
Nezami Erfan Ghazi $419,719 F A T C O
Hawkins Richard S -- Fatco
Hawkins Richard S -- First American Title Ins Co
Hawkins Richard $211,000 First American Title Ins Co
Brooks Julie $234,500 First American Title Ins Co
Cook Sandra Michele -- --
Cook Sandra Michele $209,411 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fang Zheng $667,500
Previous Owner Gallagher Alison $492,250
Previous Owner Gallagher Alison $500,400
Previous Owner Nezami Erfan Ghazi $280,000
Previous Owner Hawkins Richard S $210,000
Previous Owner Hawkins Richard $199,395
Previous Owner Hawkins Richard S $21,100
Previous Owner Brooks Julie $187,600
Previous Owner Cook Sandra Michele $135,000
Closed Brooks Julie $35,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/09/2023 02/09/23 Sold $890,000 -3.8% $241 / Sq Ft
12/22/2022 12/22/22 Pending -- -- --
10/31/2022 10/31/22 Price Changed $925,000 -5.6% $250 / Sq Ft
09/20/2022 09/20/22 For Sale $980,000 +364.5% $265 / Sq Ft
04/11/2012 04/11/12 Sold $211,000 +5.5% $57 / Sq Ft View Prior Sale
11/26/2011 11/26/11 Pending -- -- --
11/01/2011 11/01/11 For Sale $199,950 -- $54 / 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 $9,663 $927,900 $237,900 $690,000
2024 $9,663 $925,800 $229,900 $695,900
2023 $9,663 $868,900 $219,900 $649,000
2022 $8,624 $824,600 $217,500 $607,100
2021 $7,644 $608,800 $119,400 $489,400
2019 $5,844 $516,500 $96,100 $420,400
2018 $6,347 $450,000 $84,000 $366,000
2017 $5,756 $402,100 $64,000 $338,100
2016 $4,660 $314,600 $45,500 $269,100
2014 $4,474 $268,200 $44,100 $224,100
2013 $4,474 $225,700 $41,200 $184,500
Source: Public Records

Agents Affiliated with this Home

  • Mark Caldwell

    Seller's Agent in 2023

    Mark Caldwell

    Columbia Partners Real Estate

    (206) 817-4268

    3 in this area

    49 Total Sales

    Mark Caldwell
    Section Image
  • Aaron Nelson

    Buyer's Agent in 2023

    Aaron Nelson

    Skyline Properties, Inc.

    (425) 906-9080

    6 in this area

    107 Total Sales

    Aaron Nelson
    Section Image

  • D

    Seller's Agent in 2012

    Donna Rudebaugh

    Professional Realty Services Eastside

    (253) 221-8406

    19 Total Sales

    Donna Rudebaugh
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1998327

Northwest Multiple Listing Service (NWMLS)

APN: 555400-0132

Washington Pierce County Tacoma 98409 South Tacoma

3947 Mason Loop Rd, Tacoma, WA

This home is located at 3947 Mason Loop Rd, Tacoma, WA 98409 since 20 September 2022 and is currently estimated at $956,466, approximately $258 per square foot. This property was built in 1979. 3947 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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