Listed by KB Home Sales
NOT LISTED FOR SALE

Estimated Value: $525,000 - $599,890

4 Beds
3 Baths
1,440 Sq Ft
$394/Sq Ft Est. Value

Last Sold October 19, 2017

Last sale price $254,000 $176 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $3,576/month

71 Days on Market

Highlights

  • Territorial View
  • Property is Fully Fenced
  • 1-Story Property
  • Ceramic Tile Flooring

About This Home

As of October 2017

Duplex with large two car garage that sits on 6,510 sqft lot. Close to Marlene's Market & Deli, Tacoma mall, freeways, JBLM and so much more. Both units are two bedrooms, one bath and have plenty of parking. Long term tenants, rents could be higher. Garage is split so each unit has one side secured access.

Last Agent to Sell the Property

Nikki Wiley

KB Home Sales License #92884 Listed on: 07/05/2017

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1155814

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,819

Year Built

  • Built in 1988

Lot Details

  • 6,510 Sq Ft Lot
  • Property is Fully Fenced
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Community Details

  • South Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9120000541

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,819

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1988
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1440
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 527

Interior Features

  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Alley, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

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

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 9120000541
  • Lot Size Acres: 0.1494
  • Lot Size Sq Ft: 6510
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully
  • MLSLotSizeSource: County

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 1500

Multi Family

  • Gross Scheduled Income: 18000
  • Net Operating Income: 13181
  • Number Of Units Total: 2
  • Insurance Expense: 2000
  • Leasable Area: 1440
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 2819

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2017
Closed on
Oct 11, 2017
Sold by
Demesa Eugene and Bostelle Caroline
Bought by
Hampton Kenneth D
Seller's Agent
Nikki Wiley
KB Home Sales
List Price
$250,000
Sold Price
$254,000
Premium/Discount to List
$4,000
1.6%
Current Estimated Value
$578,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,747
Avg. Annual Appreciation
11.11%
Original Mortgage
$249,399
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 20, 2007
Sold by
Zielke Gerda
Bought by
Demesa Eugene and Bostelle Caroline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,990
Interest Rate
6.2%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 15, 1995
Sold by
Cox James W and Ray Toni E
Bought by
Zielke Gerda

Purchase Details

Closed on
Aug 8, 1995
Sold by
Ray Toni E
Bought by
Cox James W and Ray Toni E

Purchase Details

Closed on
Jun 7, 1994
Sold by
Cox James W
Bought by
Ray Toni E
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
Hampton Kenneth D $253,719 Chicago Title
Demesa Eugene $224,950 Fidelity Natl Title Ins Co
Zielke Gerda $82,750 Puget Sound Title Company
Cox James W -- Puget Sound Title Company
Ray Toni E -- Commonwealth Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hampton Kenneth D $100,000
Open Hampton Kenneth D $276,000
Closed Hampton Kenneth D $249,399
Previous Owner Demesa Eugene $44,990
Previous Owner Demesa Eugene $179,960
Previous Owner Zielke Gerda $72,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2017 10/19/17 Sold $254,000 +1.6% $176 / Sq Ft
09/15/2017 09/15/17 Pending -- -- --
08/13/2017 08/13/17 For Sale $250,000 0.0% $174 / Sq Ft
07/14/2017 07/14/17 Pending -- -- --
07/05/2017 07/05/17 For Sale $250,000 -- $174 / 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 $4,883 $466,500 $209,900 $256,600
2024 $4,883 $469,500 $202,800 $266,700
2023 $4,883 $438,600 $194,000 $244,600
2022 $4,152 $423,100 $187,200 $235,900
2021 $3,714 $295,300 $102,800 $192,500
2019 $3,136 $276,100 $82,700 $193,400
2018 $3,150 $241,100 $72,300 $168,800
2017 $2,819 $199,300 $53,700 $145,600
2016 $2,321 $153,900 $38,200 $115,700
2014 $2,255 $133,400 $37,000 $96,400
2013 $2,255 $113,100 $34,600 $78,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1155814

Northwest Multiple Listing Service (NWMLS)

APN: 912000-0541