Listed by AgencyOne, Bought with RE/MAX Northwest
NOT LISTED FOR SALE

4046 S Puget Sound Ave Tacoma, WA 98409

South Tacoma Neighborhood

Estimated Value: $369,000 - $587,000

6 Beds
3 Baths
2,452 Sq Ft
$195/Sq Ft Est. Value

Last Sold June 03, 2019

Last sale price $425,000 $173 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,961/month

150 Days on Market

About This Home

As of June 2019

Two lovely income producing town house style 3BR and 1.5 bath duplexes in a convenient area w/easy access to freeways, bus lines, shops and Tacoma Mall. Both units are leased long term, but month to month. Live in one unit and rent out the other unit for income.

Last Agent to Sell the Property

Huyen Hansche

AgencyOne License #82236 Listed on: 11/30/2018

AgencyOne

Last Buyer's Agent

Jay Karlin

RE/MAX Northwest License #110073

RE/MAX Northwest

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1388834

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,254

Year Built

  • Built in 2006

Lot Details

  • 4,092 Sq Ft Lot

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,452 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • 2 Parking Spaces
  • 1 Covered Space
  • Open Parking

Community Details

  • South Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2890000595

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,254

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2006
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2452
  • EffectiveYearBuiltSource: See Remarks
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Tacoma Power
  • SewerCompany: City of Tacoma
  • WaterCompany: City of Tacoma
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Common Interest: Multi-Family

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 2890000595
  • Lot Size Acres: 0.0939
  • Lot Size Sq Ft: 4092
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 3000

Multi Family

  • Gross Scheduled Income: 34200
  • Net Operating Income: 27996
  • Number Of Units Total: 2
  • Insurance Expense: 1065
  • Leasable Area: 2452
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2018
  • Tax Annual Amount: 4254

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2017
Sold by
Riu Son Hsiung and Riu Yee Fan
Bought by
Husky Holdings Llc
Current Estimated Value
$477,774

Purchase Details

Closed on
Aug 26, 2016
Sold by
Fannie Mae
Bought by
Riu Son Hsiung and Riu Yee Fan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,425
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2015
Sold by
Guildford Tiffany and Guildford Heather
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Mar 26, 2007
Sold by
Gervais Benjamin J and Gervais Rebecca A
Bought by
Guildford Tiffany and Guildford Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,280
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 2005
Sold by
Gervais Benjamin
Bought by
Gervais Rebecca A

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
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 15, 2005
Sold by
Subdivisions West Inc Ps
Bought by
Gervais Rebecca A

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
6.75%
Mortgage Type
Purchase Money Mortgage
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
Husky Holdings Llc -- Fidelity National Title
Riu Son Hsiung -- Old Republic Title Ltd
Federal National Mortgage Association $245,000 None Available
Guildford Tiffany $355,350 Lawyers Title
Gervais Rebecca A -- Pst
Gervais Rebecca A $300,000 Puget Sound Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Riu Son Hsiung $202,425
Previous Owner Guildford Tiffany $284,280
Previous Owner Gervais Rebecca A $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2019 06/03/19 Sold $425,000 +2.4% $173 / Sq Ft
04/29/2019 04/29/19 Pending -- -- --
03/24/2019 03/24/19 For Sale $415,000 0.0% $169 / Sq Ft
03/12/2019 03/12/19 Pending -- -- --
11/30/2018 11/30/18 For Sale $415,000 -- $169 / 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 $5,137 $500,700 $186,600 $314,100
2024 $5,137 $517,300 $180,400 $336,900
2023 $5,137 $461,400 $172,500 $288,900
2022 $4,739 $476,600 $157,900 $318,700
2021 $4,720 $375,600 $86,700 $288,900
2019 $4,020 $348,400 $69,800 $278,600
2018 $4,328 $309,300 $61,000 $248,300
2017 $3,720 $274,000 $44,000 $230,000
2016 $531 $220,800 $31,300 $189,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1388834

Northwest Multiple Listing Service (NWMLS)

APN: 289000-0597