Listed by BetterHomes&GardensRE Macy&Co., Bought with Pellego, Inc.
NOT LISTED FOR SALE

4311 S Cedar St Tacoma, WA 98409

South Tacoma Neighborhood

Estimated Value: $737,000 - $796,000

6 Beds
3 Baths
2,760 Sq Ft
$278/Sq Ft Est. Value

Last Sold March 12, 2021

Last sale price $640,000 $232 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,793/month

33 Days on Market

Highlights

  • Patio
  • Wood Siding
  • 1-Story Property
  • Property is Fully Fenced
  • Wall to Wall Carpet

About This Home

As of March 2021

Very rare to find rambler triplex, in an excellent location close to shopping, amenities, and the freeway (4 blocks to Tacoma Mall!). Three units each with 2 bed/1bath, ~920sqft on a lot size of 9750 sqft. Great open layout, fully fenced backyards, washer/dryer in each unit. Lots of upgrades, new exterior paint and newer roof, ample parking. Low maintenance and zero vacancy rate, currently rented significantly under market value. Amazing investment opportunity in one of the US hottest markets!

Last Agent to Sell the Property

Nadia Schmieder

BetterHomes&GardensRE Macy&Co. License #116461 Listed on: 12/23/2020

BetterHomes&GardensRE Macy&Co.

Last Buyer's Agent

Sherine Bolos

Pellego, Inc. License #20113023

Pellego, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1710989

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,194

Year Built

  • Built in 1984

Lot Details

  • 9,750 Sq Ft Lot
  • Property is Fully Fenced

Home Design

  • Triplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,760 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio

Community Details

  • Tacoma Mall Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9120000524

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,194

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1984
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2760
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 480

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: TPU
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 9120000524
  • Lot Size Acres: 0.2238
  • Lot Size: 9750
  • Lot Size Sq Ft: 9750
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,Patio
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 3300

Multi Family

  • Gross Scheduled Income: 39600
  • Net Operating Income: 33056
  • Number Of Units Total: 3
  • Insurance Expense: 1350
  • Leasable Area: 2760
  • EnergySource: Electric
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 5194

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2020
Closed on
Mar 3, 2021
Sold by
Howland Eric Reid and Howland Patricia M
Bought by
Bolos Shenouda G and Bolos Sherine K
Seller's Agent
Nadia Schmieder
BetterHomes&GardensRE Macy&Co.
Buyer's Agent
Sherine Bolos
Pellego, Inc.
List Price
$650,000
Sold Price
$640,000
Premium/Discount to List
-$10,000
-1.54%
Current Estimated Value
$766,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,214
Avg. Annual Appreciation
4.10%
Original Mortgage
$480,000
Outstanding Balance
$432,237
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$331,836

Purchase Details

Closed on
Oct 19, 2017
Sold by
Burk Evan E and Burk Debra L
Bought by
Howland Eric Reid and Howland Patricia M

Purchase Details

Listed on
Jan 2, 2016
Closed on
Apr 11, 2016
Sold by
Calev Joseph and Calev Nelya
Bought by
Burk Evan E and Burk Debra L
Seller's Agent
Nelya Calev
John L. Scott, Inc
List Price
$300,000
Sold Price
$295,000
Premium/Discount to List
-$5,000
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.76%
Original Mortgage
$221,250
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2014
Sold by
Rain City Capital Llc
Bought by
Calev Joseph and Calev Nelya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2014
Sold by
Uniquest Capital Llc
Bought by
Calev Joseph and Calev Nelya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2014
Sold by
Quante Gilbert R and Quante Joanne L
Bought by
Calev Joseph and Calev Nelya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2007
Sold by
Quante Gilbert R and Quante Joanne L
Bought by
Cedar Lane Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,150
Interest Rate
6.2%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 14, 2007
Sold by
Cedar Lane Properties Llc
Bought by
Quante Gilbert R and Quante Joanne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,150
Interest Rate
6.2%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 24, 2007
Sold by
Five Tree Properties Llc
Bought by
Cedar Lane Properties Llc

Purchase Details

Closed on
Feb 24, 2006
Sold by
Quante Gilbert R
Bought by
Five Tree Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,300
Interest Rate
1.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 9, 2006
Sold by
Dinges Mark
Bought by
Quante Gilbert R and Quante Joanne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,300
Interest Rate
1.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 6, 2002
Sold by
Smith Terry C
Bought by
Dinges Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,400
Interest Rate
6.51%
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
Bolos Shenouda G $640,000 First American Title
Howland Eric Reid $394,719 Wfg Natl Title
Burk Evan E $294,719 Fidelity National Title Co
Calev Joseph -- Fidelity National Title
Calev Joseph -- Fidelity National Title
Calev Joseph $191,100 None Available
Cedar Lane Properties Llc -- None Available
Quante Gilbert R -- None Available
Cedar Lane Properties Llc -- None Available
Five Tree Properties Llc -- None Available
Quante Gilbert R $339,000 Rtc
Dinges Mark $193,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bolos Shenouda G $480,000
Previous Owner Burk Evan E $221,250
Previous Owner Calev Joseph $178,500
Previous Owner Calev Joseph $194,157
Previous Owner Quante Gilbert Ray $107,150
Previous Owner Quante Gilbert R $237,300
Previous Owner Quante Gilbert R $33,900
Previous Owner Dinges Mark $57,500
Previous Owner Dinges Mark $154,400
Closed Dinges Mark $19,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2021 03/12/21 Sold $640,000 -1.5% $232 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
01/20/2021 01/20/21 For Sale $650,000 0.0% $236 / Sq Ft
01/15/2021 01/15/21 Pending -- -- --
12/23/2020 12/23/20 For Sale $650,000 +120.3% $236 / Sq Ft
04/19/2016 04/19/16 Sold $295,000 -1.7% $107 / Sq Ft
03/17/2016 03/17/16 Pending -- -- --
01/02/2016 01/02/16 For Sale $300,000 -- $109 / 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 $6,728 $701,000 $228,000 $473,000
2024 $6,728 $655,900 $220,300 $435,600
2023 $6,728 $604,700 $210,700 $394,000
2022 $5,879 $596,000 $206,700 $389,300
2021 $5,219 $415,400 $113,400 $302,000
2019 $4,650 $383,100 $91,300 $291,800
2018 $4,687 $357,900 $79,800 $278,100
2017 $4,192 $296,800 $60,300 $236,500
2016 $3,444 $231,100 $42,900 $188,200
2014 $3,328 $198,100 $41,500 $156,600
2013 $3,328 $166,400 $38,800 $127,600
Source: Public Records

Agents Affiliated with this Home

  • Nadia Schmieder

    Seller's Agent in 2021

    Nadia Schmieder

    BetterHomes&GardensRE Macy&Co.

    (425) 677-4734

    1 in this area

    47 Total Sales

    Section Image

  • S

    Buyer's Agent in 2021

    Sherine Bolos

    Pellego, Inc.

    Section Image
  • Nelya Calev

    Seller's Agent in 2016

    Nelya Calev

    John L Scott

    (425) 301-7564

    1 in this area

    62 Total Sales

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1710989

Northwest Multiple Listing Service (NWMLS)

APN: 912000-0524

Washington Pierce County Tacoma 98409 South Tacoma

4311 S Cedar St, Tacoma, WA

This home is located at 4311 S Cedar St, Tacoma, WA 98409 since 23 December 2020 and is currently estimated at $766,923, approximately $277 per square foot. This property was built in 1984. 4311 S Cedar St is a home located in Pierce County with nearby schools including Jennie Reed Elementary School, Angelo Giaudrone Middle School, and Foss High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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