Listed by Better Properties N. Proctor
NOT LISTED FOR SALE
12 Beds
12 Baths
16,512 Sq Ft
0.29 Acres

Last Sold September 28, 2012

Last sale price $1,400,000 $85 Per Sq Ft

218 Days on Market

Highlights

  • Views of a Sound
  • 0.29 Acre Lot
  • Softwood Flooring
  • Lowell Elementary School Rated A-
  • Deck
  • Thermal Windows

About This Home

As of September 2012

Vintage fully restored building. Large units with original wood work and charm. Two buildings totaling 12 units- 8 Large 2 bed 2 bath units in brick building and 4- 2bed 1bath units in 4plex. New plumbing and electrical in both buildings. 8 units have high efficiency forced are gas furnaces. Also there are 4 large garages for extra income. Washer/Dryers, Stainless steel appliances, and granite in every unit. Great North Tacoma location, close to UW, Hospitals and Downtown.

Last Agent to Sell the Property

Joshua Carlson

Better Properties N. Proctor License #73962 Listed on: 10/09/2011

Better Properties N. Proctor

Co-Listed By

Mark Hulen

Better Properties Real Estate License #50093

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 283554

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,164

Year Built

  • Built in 1913

Lot Details

  • 0.29 Acre Lot
  • Property is in very good condition

Property Views

  • Views of a Sound
  • Limited Views

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Built-Up Roof
  • Bitumen Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 16,512 Sq Ft Home
  • 3-Story Property
  • Thermal Windows

Flooring

  • Softwood
  • Wall to Wall Carpet
  • Ceramic Tile

Parking

  • 14 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • Cable TV Available

Community Details

  • North Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2034230030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,164

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1913
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 16512
  • Special Features: None
  • Cumulative Days on Market: 581

Interior Features

  • Fireplace: No
  • Flooring: Ceramic Tile, Softwood, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Fir/Softwood, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,Thermal Windows

Exterior Features

  • Roof: Built-Up, Composition, Torch Down
  • View: Partial, Sound
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 10
  • Open Parking: Yes
  • Total Parking Spaces: 14
  • ParkingUncoveredSpaces: 10

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: TPU
  • WaterSewerGarbage: 10800

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 2034230030
  • Lot Size Acres: 0.288
  • Lot Size Sq Ft: 12545
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Gas Available,Outbuildings

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10
  • LeasedItems: None
  • TotalMonthlyIncome: 13125

Multi Family

  • Gross Scheduled Income: 157500
  • Net Operating Income: 110274
  • Number Of Units Total: 12
  • Insurance Expense: 3362
  • Leasable Area: 16512
  • UnitsInBuildingTotal: 12
  • UnitsBelowGrade: true
  • VacancyRate: 5

Tax Info

  • Year: 2011
  • Tax Annual Amount: 14164

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2012 09/28/12 Sold $1,400,000 -15.2% $85 / Sq Ft
05/15/2012 05/15/12 Pending -- -- --
10/09/2011 10/09/11 For Sale $1,650,000 -- $100 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 283554

Northwest Multiple Listing Service (NWMLS)