Listed by Apple Realty, Inc., Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

4201 S 65th St Unit 4203 Tacoma, WA 98409

South Tacoma Neighborhood

Estimated Value: $469,000 - $505,000

4 Beds
2 Baths
1,416 Sq Ft
$340/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $399,950 $282 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,917/month

187 Days on Market

Highlights

  • Corner Lot
  • Wood Siding
  • 1-Story Property
  • Cul-De-Sac
  • Wall to Wall Carpet

About This Home

As of December 2021

Major Price Reduction!! Great floor plans on these 2 bedroom 1 bath units. Each has a nice kitchen laundry hook ups (in each unit), shared 2 car garage Rents should be over $1,400/ month would push Cap rate to near 7% Seller would prefer to sell duplex at 4207-4209 with this property.

Last Agent to Sell the Property

Dave Matzen

Apple Realty, Inc. License #12618 Listed on: 05/07/2021

Last Buyer's Agent

Faisal Qureshi

Skyline Properties, Inc. License #74935

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1770102

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,789

Year Built

  • Built in 1969

Lot Details

  • 7,483 Sq Ft Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Corner Lot

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,416 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

  • Manitou Park Elementary School
  • Gray Middle School
  • Mt Tahoma High School

Utilities

  • Cable TV Available

Community Details

  • Ploegsma Condos
  • Manitou Subdivision

Listing and Financial Details

  • Legal Lot and Block 2 / 1
  • Assessor Parcel Number 6910000011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,789

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1969
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Ploegsma
  • New Construction: No
  • CalculatedSquareFootage: 1416
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: based Upon Final Net Sales Price
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Cul-De-Sac, Curbs, Dead End Street, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: Tacoma
  • SewerCompany: Tacoma
  • WaterCompany: Tacoma
  • WaterSewerGarbage: 1200

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Multi-Family

Schools

  • Junior High Dist: Tacoma
  • High School: Mt Tahoma
  • Middle Or Junior School: Gray

Lot Info

  • Parcel Number: 6910000011
  • Lot Size Acres: 0.1718
  • Lot Size: Irr
  • Lot Size Sq Ft: 7483
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 2

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 2350

Multi Family

  • Gross Scheduled Income: 28200
  • Net Operating Income: 21706
  • Number Of Units Total: 2
  • Insurance Expense: 905
  • Leasable Area: 1416
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 3789

MLS Schools

  • Elementary School: Manitou Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2021
Closed on
Dec 16, 2021
Sold by
Rahman Sufia and Qureshi Faisal
Bought by
Qureshi Faisal
Seller's Agent
Dave Matzen
Apple Realty, Inc.
Buyer's Agent
Faisal Qureshi
Skyline Properties, Inc.
List Price
$415,000
Sold Price
$399,950
Premium/Discount to List
-$15,050
-3.63%
Current Estimated Value
$480,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,882
Avg. Annual Appreciation
4.89%
Original Mortgage
$299,625
Outstanding Balance
$274,299
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$206,533

Purchase Details

Closed on
Dec 22, 1998
Sold by
Girolami Joanne M
Bought by
Girolami Joanne M and The Joanne M Girolami Trust
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
Qureshi Faisal -- Ticor Title
Qureshi Faisal $399,500 Ticor Title
Girolami Joanne M -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Qureshi Faisal $299,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2021 12/17/21 Sold $399,950 -3.6% $282 / Sq Ft
11/10/2021 11/10/21 Pending -- -- --
10/19/2021 10/19/21 For Sale $415,000 0.0% $293 / Sq Ft
10/12/2021 10/12/21 Pending -- -- --
09/09/2021 09/09/21 Price Changed $415,000 -4.6% $293 / Sq Ft
08/25/2021 08/25/21 For Sale $435,000 0.0% $307 / Sq Ft
08/20/2021 08/20/21 Pending -- -- --
08/17/2021 08/17/21 Price Changed $435,000 -5.4% $307 / Sq Ft
07/21/2021 07/21/21 Price Changed $460,000 -7.1% $325 / Sq Ft
07/09/2021 07/09/21 Price Changed $495,000 -9.8% $350 / Sq Ft
06/01/2021 06/01/21 Price Changed $549,000 -8.3% $388 / Sq Ft
05/07/2021 05/07/21 For Sale $599,000 -- $423 / 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 $4,757 $458,700 $215,900 $242,800
2024 $4,757 $462,100 $208,700 $253,400
2023 $4,757 $427,200 $199,600 $227,600
2022 $4,081 $403,200 $189,200 $214,000
2021 $3,789 $301,300 $118,900 $182,400
2019 $2,984 $275,000 $97,300 $177,700
2018 $3,100 $229,400 $84,700 $144,700
2017 $2,577 $196,100 $56,500 $139,600
2016 $2,300 $143,100 $39,100 $104,000
2014 $2,223 $132,200 $37,200 $95,000
2013 $2,223 $120,500 $37,200 $83,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1770102

Northwest Multiple Listing Service (NWMLS)

APN: 691000-0011