Listed by Keller Williams Rty Tacoma, Bought with Windermere Prof Partners
NOT LISTED FOR SALE

4104 S 38th St Unit A-B Tacoma, WA 98409

South Tacoma Neighborhood

Estimated Value: $500,000 - $622,000

6 Beds
2 Baths
2,000 Sq Ft
$275/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $600,000 $300 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $3,335/month

6 Days on Market

Highlights

  • No HOA
  • Vinyl Plank Flooring
  • Property is Fully Fenced
  • Thermal Windows
  • Baseboard Heating
  • Wood Siding

About This Home

As of March 2024

Add-on value with this turn-key duplex allowing for multiple investment strategies presenting the new owner with ability to choose tenants with a pro-forma rate at $1850 per unit or live in one unit and rent out the other. This 2-story building has 3 bedrooms, one bath per unit, New expansive deck on upper level and storage units with W/D hook ups. Extensive renovation has just been completed and units have not been rented since completion. Updates include but are not limited to complete kitchen and bathroom renovation with new appliance package, quartz counters, lighting, outlets, doors, flooring, paint throughout and much more. The expansive backyard is ready for your imaginative vision.

Last Agent to Sell the Property

Brian Thayer

Keller Williams Rty Tacoma License #72669 Listed on: 02/28/2024

Keller Williams Rty Tacoma

Last Buyer's Agent

Nick Dahl

Windermere Prof Partners License #123910

Windermere Prof Partners

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2203733

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,017

Year Built

  • Built in 1971 | Remodeled

Lot Details

  • 6,098 Sq Ft Lot
  • Street terminates at a dead end
  • Property is Fully Fenced

Home Design

  • Duplex
  • Poured Concrete
  • Built-Up Roof
  • Wood Siding

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank
  • Vinyl

Parking

  • 2 Parking Spaces
  • Open Parking

Utilities

  • Baseboard Heating

Community Details

  • No Home Owners Association
  • South Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0220131102

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,017

Year Built

Built in 1971 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1971
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2000
  • EffectiveYearBuiltSource: See Remarks
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Vinyl Plank, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage,Thermal Windows

Exterior Features

  • Roof: Built-Up
  • Lot Features: Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: Tacoma Public Utilities
  • SewerCompany: Tacoma Public Utilities
  • WaterCompany: Tacoma Public Utilities
  • WaterSewerGarbage: 1068

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 0220131102
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6098
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully
  • MLSLotSizeSource: Co Assessor
  • MLSSquareFootageSource: Co Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 3700

Multi Family

  • Gross Scheduled Income: 44400
  • Net Operating Income: 37095
  • Number Of Units Total: 2
  • Insurance Expense: 1220
  • Leasable Area: 2000
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2024
  • Tax Annual Amount: 5017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2024
Closed on
Mar 26, 2024
Sold by
Spencer Shannon R
Bought by
Ortega Veronica and Irvine James Edward
Seller's Agent
Brian Thayer
Keller Williams Rty Tacoma
Buyer's Agent
Nick Dahl
Windermere Prof Partners
List Price
$599,950
Sold Price
$600,000
Premium/Discount to List
$50
0.008%
Views
25
Current Estimated Value
$550,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$49,947
Avg. Annual Appreciation
-5.49%
Original Mortgage
$589,132
Outstanding Balance
$580,144
Interest Rate
6.77%
Mortgage Type
FHA
Estimated Equity
-$30,091

Purchase Details

Closed on
Oct 30, 2012
Sold by
Sza Llc
Bought by
Spencer Shannon R

Purchase Details

Closed on
Oct 11, 2012
Sold by
Spencer Shannon R
Bought by
Sza Llc

Purchase Details

Closed on
Dec 22, 2010
Sold by
Aurora Loan Services Llc
Bought by
Spencer Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
4.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2010
Sold by
Walsh Michael P and Walsh Lisa R
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Aug 18, 2005
Sold by
Quinlan Sean M
Bought by
Walsh Michael P and Walsh Lisa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 22, 2003
Sold by
Quinlan Thomas P
Bought by
Quinlan Sean M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,750
Interest Rate
5.93%
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
Ortega Veronica $600,000 Wfg National Title Company Of
Spencer Shannon R -- None Available
Sza Llc -- None Available
Spencer Shannon $121,000 Fidelity Natl Title Ins Co
Aurora Loan Services Llc $211,929 None Available
Walsh Michael P $240,000 Fidelity National Title Insu
Quinlan Sean M $105,000 Fat
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortega Veronica $589,132
Previous Owner Spencer Shannon $148,000
Previous Owner Walsh Michael P $192,000
Previous Owner Quinlan Sean M $99,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2024 03/29/24 Sold $600,000 0.0% $300 / Sq Ft
03/05/2024 03/05/24 Pending -- -- --
02/28/2024 02/28/24 For Sale $599,950 -- $300 / 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 $5,017 $506,900 $209,900 $297,000
2024 $5,017 $486,500 $202,900 $283,600
2023 $5,017 $450,600 $191,400 $259,200
2022 $4,393 $444,700 $184,200 $260,500
2021 $3,951 $314,200 $101,100 $213,100
2019 $3,394 $295,700 $81,400 $214,300
2018 $3,374 $261,000 $71,100 $189,900
2017 $3,004 $213,500 $52,700 $160,800
2016 $2,486 $165,300 $37,500 $127,800
2014 $2,416 $142,900 $36,300 $106,600
2013 $2,416 $121,000 $33,900 $87,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2203733

Northwest Multiple Listing Service (NWMLS)

APN: 022013-1102