Seller's Agent in 2021
JODI Saunders
Better Properties Gig Harbor
(253) 432-1144
3 in this area
8 Total Sales
Listed by Better Properties Gig Harbor
401 N M St Unit A-C Tacoma, WA 98403
North Tacoma NeighborhoodEstimated Value: $762,000 - $891,759
4
Beds
3
Baths
2,520
Sq Ft
$338/Sq Ft
Est. Value
Highlights
- Deck
- Corner Lot
- Wood Siding
- Stadium High School Rated A-
- Property is in very good condition
- Wall to Wall Carpet
About This Home
As of February 2021Excellent investor opportunity in north end of Tacoma. Beautiful inside and out, this building is a well maintained tri-plex with two 2 bed units, and one 1 bed unit. Easy access to 16 and 705, close to stadium district and 6th Ave, and walk to restaurants, shopping, parks and hospitals. Entire building is consistently rented. One bed unit currently operates as successful short term rental with Vacasa. Option to purchase with short term rental unit fully furnished. Potential for significant upside in rents if focusing on travelling nurses.
Last Agent to Sell the Property
Better Properties Gig Harbor License #132136 Listed on: 12/28/2020
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1712186
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,770
Year Built
- Built in 1905
Lot Details
- 2,250 Sq Ft Lot
- Corner Lot
- Property is in very good condition
Home Design
- Triplex
- Slab Foundation
- Poured Concrete
- Composition Roof
- Wood Siding
- Tie Down
Interior Spaces
- 2,520 Sq Ft Home
- 4-Story Property
Flooring
- Wall to Wall Carpet
- Laminate
- Vinyl
Parking
- 2 Parking Spaces
- Open Parking
Additional Features
- Deck
- Cable TV Available
Community Details
- North Tacoma Subdivision
Listing and Financial Details
- Assessor Parcel Number 203425-005-2
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 18, 2021
Sold by
Albers Jeffrey C and Albers Kimberly A
Bought by
401 N M Llc
Current Estimated Value
Purchase Details
Listed on
Dec 28, 2020
Closed on
Feb 4, 2021
Sold by
Saunders Robert D and Saunders Jodi A
Bought by
Albers Jeffrey C and Albers Kimberly A
Seller's Agent
JODI Saunders
Better Properties Gig Harbor
List Price
$679,000
Sold Price
$689,000
Premium/Discount to List
$10,000
1.47%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.29%
Purchase Details
Listed on
Sep 16, 2016
Closed on
Oct 25, 2016
Sold by
Cound Thomas M
Bought by
Saunders Robert D and Saunders Jodi A
Seller's Agent
Ethan Wing
Windermere Central Sound
Buyer's Agent
Sonia Grunberg
RE/MAX Northwest
List Price
$415,000
Sold Price
$410,000
Premium/Discount to List
-$5,000
-1.2%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.02%
Original Mortgage
$205,000
Interest Rate
3.42%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 25, 2013
Sold by
Arnold Torsten Karl and Arnold Lisa L
Bought by
Cound Thomas M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,310
Interest Rate
3.6%
Mortgage Type
VA
Purchase Details
Closed on
Dec 1, 2009
Sold by
Venture Investment Properties Llc
Bought by
Arnold Torsten K and Arnold Lisa L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
4.68%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 28, 2007
Sold by
Arnold Torsten Karl and Arnold Lisa L
Bought by
Venture Investment Properties Llc
Purchase Details
Closed on
Aug 1, 2007
Sold by
Peterson Mark S and Peterson Nancy M
Bought by
Arnold Torsten Karl and Arnold Lisa L
Purchase Details
Closed on
Apr 22, 2003
Sold by
Vail David B
Bought by
Peterson Mark S and Peterson Nancy M
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 401 N M Llc | -- | None Available | |
| Albers Jeffrey C | $689,000 | Cw Title | |
| Saunders Robert D | $409,719 | Wfg Natl Title | |
| Cound Thomas M | $340,000 | Cw Title | |
| Arnold Torsten K | -- | Talon Group | |
| Venture Investment Properties Llc | -- | Talon Group | |
| Arnold Torsten Karl | $324,600 | The Talon Group | |
| Peterson Mark S | $210,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Saunders Robert D | $205,000 | |
| Previous Owner | Cound Thomas M | $347,310 | |
| Previous Owner | Arnold Torsten K | $203,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/08/2021 02/08/21 | Sold | $689,000 | +1.5% | $273 / Sq Ft |
| 12/30/2020 12/30/20 | Pending | -- | -- | -- |
| 12/28/2020 12/28/20 | For Sale | $679,000 | +65.6% | $269 / Sq Ft |
| 11/13/2016 11/13/16 | Sold | $410,000 | -1.2% | $154 / Sq Ft |
| 10/05/2016 10/05/16 | Pending | -- | -- | -- |
| 10/02/2016 10/02/16 | For Sale | $415,000 | 0.0% | $155 / Sq Ft |
| 09/30/2016 09/30/16 | Pending | -- | -- | -- |
| 09/20/2016 09/20/16 | For Sale | $415,000 | -- | $155 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $6,877 | $690,200 | $291,700 | $398,500 |
| 2024 | $6,877 | $670,600 | $273,800 | $396,800 |
| 2023 | $6,877 | $618,100 | $244,000 | $374,100 |
| 2022 | $5,843 | $605,400 | $268,500 | $336,900 |
| 2021 | $5,716 | $455,000 | $177,900 | $277,100 |
| 2019 | $5,105 | $425,200 | $147,700 | $277,500 |
| 2018 | $5,620 | $393,000 | $130,900 | $262,100 |
| 2017 | $4,986 | $356,000 | $109,100 | $246,900 |
| 2016 | $4,846 | $288,800 | $75,200 | $213,600 |
| 2014 | $1,739 | $278,900 | $70,400 | $208,500 |
| 2013 | $1,739 | $220,600 | $59,400 | $161,200 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller's Agent in 2016
Ethan Wing
Windermere Central Sound
(253) 255-6544
19 in this area
106 Total Sales
-
Buyer's Agent in 2016
Sonia Grunberg
RE/MAX Professionals
(253) 307-0477
36 in this area
131 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1712186
APN: 203425-0052
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Based on information submitted to the MLS GRID
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