Listed by Fathom Realty WA LLC, Bought with The Agency Seattle
NOT LISTED FOR SALE

Estimated Value: $551,000 - $597,139

4 Beds
4 Baths
2,600 Sq Ft
$220/Sq Ft Est. Value

Last Sold June 18, 2019

Last sale price $313,000 $120 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,526/month

2 Days on Market

About This Home

As of June 2019

Investor Alert Excellent investment or live in one unit and rent the other. Long term tenants in each side (now on month to month) Each unit has 2 bedrooms, 1 baths, refrigerator, range, dishwasher and own separate 2 car garage. Guest parking, close to everything, shopping, restaurants and downtown. Ideal commuting access on Pacific Avenue and I-5. Please do not disturb tenants. Bus route #1.

Last Agent to Sell the Property

Paul Henderson

Fathom Realty WA LLC License #8146 Listed on: 05/01/2019

Fathom Realty WA LLC

Last Buyer's Agent

Seetha Chittar

The Agency Seattle License #26740

The Agency Seattle

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1442272

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,041

Year Built

  • Built in 2005

Lot Details

  • 5,750 Sq Ft Lot
  • Property is in average condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,600 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Parking

  • 6 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Schools

  • Lincoln High School

Community Details

  • Lincoln Subdivision

Listing and Financial Details

  • Assessor Parcel Number 241500-045-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,041

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2005
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2600
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Tacoma
  • SewerCompany: Tacoma
  • WaterCompany: Tacoma
  • WaterSewerGarbage: 3739

Schools

  • Junior High Dist: Tacoma
  • High School: Lincoln

Lot Info

  • Parcel Number: 241500-045-0
  • Lot Size Acres: 0.132
  • Lot Size Sq Ft: 5750
  • 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: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 1590

Multi Family

  • Gross Scheduled Income: 19080
  • Number Of Units Total: 2
  • Insurance Expense: 843
  • Leasable Area: 3000
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2018
  • Tax Annual Amount: 5041

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2019
Sold by
Nosack James Thomas
Bought by
Garton Nicolas and Nosack James Thomas
Current Estimated Value
$572,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 1, 2019
Closed on
Jun 10, 2019
Sold by
Hamblin Randall E and Hamblin Todd M
Bought by
Nosack James
Seller's Agent
Paul Henderson
Fathom Realty WA LLC
Buyer's Agent
Seetha Chittar
The Agency Seattle
List Price
$312,000
Sold Price
$313,000
Premium/Discount to List
$1,000
0.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.02%
Original Mortgage
$295,500
Interest Rate
4.1%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 13, 2007
Sold by
Hamblin Donald E and Hamblin Mary Ellen
Bought by
Hamblin Donald E and Hamblin Maryellen

Purchase Details

Closed on
Mar 29, 2004
Sold by
J A S Development Inc
Bought by
Hamblin Donald E and Hamblin Mary Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,500
Interest Rate
5.64%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 18, 2004
Sold by
Purvis Anthony Edward
Bought by
J A S Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,500
Interest Rate
5.64%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 1, 2000
Sold by
J A S Development Inc
Bought by
Purvis Anthony Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
10%
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
Garton Nicolas $156,500 None Available
Nosack James $313,000 Fidelity National Title
Hamblin Donald E -- None Available
Hamblin Donald E $55,000 Fat
J A S Development Inc -- Fat
Purvis Anthony Edward $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garton Nicolas $100,000
Open Garton Nicolas $308,500
Closed Garton Nicolas $300,000
Previous Owner Nosack James $295,500
Previous Owner Hamblin Donald E $45,500
Previous Owner Purvis Anthony Edward $46,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2019 06/18/19 Sold $313,000 +0.3% $120 / Sq Ft
05/03/2019 05/03/19 Pending -- -- --
05/01/2019 05/01/19 For Sale $312,000 -- $120 / 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 $5,731 $584,400 $176,400 $408,000
2024 $5,731 $561,500 $166,600 $394,900
2023 $5,731 $514,900 $158,400 $356,500
2022 $5,405 $561,600 $164,500 $397,100
2021 $6,059 $482,400 $97,900 $384,500
2019 $4,737 $398,900 $81,900 $317,000
2018 $4,991 $364,600 $65,800 $298,800
2017 $4,147 $316,100 $54,700 $261,400
2016 $3,728 $232,900 $40,500 $192,400
2014 $3,041 $214,500 $39,900 $174,600
2013 $3,041 $185,500 $35,000 $150,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1442272

Northwest Multiple Listing Service (NWMLS)

APN: 241500-0450