NOT LISTED FOR SALE

4048 S Puget Sound Ave Tacoma, WA 98409

South Tacoma Neighborhood

Estimated Value: $369,000 - $654,000

6 Beds
4 Baths
2,452 Sq Ft
$201/Sq Ft Est. Value

Last Sold June 26, 2019

Last sale price $415,000 $169 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,039/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 line, shops & Tacoma Mall. Both units are leased long term, but month to month. Live in one unit and rent out the other unit for income. You could rent both units for investment purposes. Includes both 4048 S. Puget Sound Ave and 3505 S. 43rd St. Unit 4048 - washer/dryer belong to tenant. Tenant pays all utilities. No HOA.

Last Agent to Sell the Property

Huyen Hansche

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

AgencyOne

Last Buyer's Agent

Huyen Hansche

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

AgencyOne

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1381012

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

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
  • 2 Covered Spaces

Additional Features

  • 4,092 Sq Ft Lot
  • High Speed Internet

Community Details

  • South Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2890000607

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
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex
  • ConstructionMethods: Advanced Wall

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: No
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: High Speed Internet, 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: 2890000607
  • Lot Size Acres: 0.0939
  • Lot Size Sq Ft: 4092
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: High Speed Internet
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Advanced Wall
  • 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

Listed on
Nov 30, 2018
Closed on
Jun 26, 2019
Sold by
Le Uyen
Bought by
Long Boreth
Seller's Agent
Huyen Hansche
AgencyOne
Buyer's Agent
Huyen Hansche
AgencyOne
List Price
$415,000
Sold Price
$415,000
Current Estimated Value
$493,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,675
Avg. Annual Appreciation
2.80%
Original Mortgage
$311,250
Outstanding Balance
$273,110
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$220,565

Purchase Details

Listed on
Nov 30, 2018
Closed on
May 30, 2019
Sold by
Phan Debbie D
Bought by
Long Boreth
Seller's Agent
Huyen Hansche
AgencyOne
Buyer's Agent
Huyen Hansche
AgencyOne
List Price
$415,000
Sold Price
$415,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,250
Outstanding Balance
$273,110
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$220,565

Purchase Details

Closed on
Nov 13, 2016
Sold by
Puget Sound 4048 Llc
Bought by
Phan Debbie D

Purchase Details

Closed on
Apr 18, 2015
Sold by
Phan Debbie D
Bought by
Puget Sound 4048 Llc

Purchase Details

Closed on
Mar 13, 2014
Sold by
Nguyen Hai D
Bought by
Phan Debbie D

Purchase Details

Closed on
May 9, 2007
Sold by
Eli Brandon K and Eli Tamara M
Bought by
Nguyen Hai and Phan Debbie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,600
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 2005
Sold by
Subdivision West Inc Ps
Bought by
Eli Brandon K and Eli Tamara M

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
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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
Long Boreth -- Rainier Title
Long Boreth $415,000 Rainier Title
Phan Debbie D -- None Available
Puget Sound 4048 Llc -- None Available
Phan Debbie D -- None Available
Nguyen Hai $357,000 Rainier Title
Eli Brandon K $300,000 Puget Sound Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Long Boreth $311,250
Previous Owner Nguyen Hai $285,600
Previous Owner Eli Brandon K $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2019 06/26/19 Sold $415,000 0.0% $169 / 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 $5,053 $492,500 $186,600 $305,900
2024 $5,053 $508,500 $180,400 $328,100
2023 $5,053 $453,900 $172,500 $281,400
2022 $4,631 $466,500 $157,900 $308,600
2021 $4,646 $369,700 $86,700 $283,000
2019 $3,954 $342,700 $69,800 $272,900
2018 $4,254 $304,200 $61,000 $243,200
2017 $3,656 $269,300 $44,000 $225,300
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: 1381012

Northwest Multiple Listing Service (NWMLS)

APN: 289000-0607