Listed by Better Properties N. Proctor
NOT LISTED FOR SALE

4507 S Warner St Unit A & B Tacoma, WA 98409

South Tacoma Neighborhood

Estimated Value: $484,348 - $594,000

4 Beds
2 Baths
1,584 Sq Ft
$355/Sq Ft Est. Value

Last Sold October 08, 2019

Last sale price $369,000 $233 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,406/month

36 Days on Market

Highlights

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

About This Home

As of October 2019

Remodeled duplex close to Tacoma Mall & major bus routes. 2 bedroom/1 bath units recently remodeled. New roof in August 2015. Separate power meters. Full sized brand new washer & dryer inside of both units, purchased this year. Fully fenced yard. A lot of flat off street parking. Very functional floor plans. Priced to sell! Great opportunity for the savvy investor with a CAP rate of 7% & room for rent increases.

Last Agent to Sell the Property

Anne Curry

Better Properties N. Proctor License #71249 Listed on: 07/11/2019

Better Properties N. Proctor

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1489178

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,970

Year Built

  • Built in 1977 | Remodeled

Lot Details

  • 6,350 Sq Ft Lot
  • Property is Fully Fenced

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,584 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Schools

  • Reed Elementary School
  • Giaudrone Mid Sch Middle School
  • Foss High School

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • Tacoma Mall Subdivision

Listing and Financial Details

  • Assessor Parcel Number 289000-240-1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,970

Year Built

Built in 1977 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1977
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1584
  • Special Features: None

Interior Features

  • Possible Use: Commercial, Residential
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Alley, Curbs, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: TPU
  • WaterSewerGarbage: 2400

Schools

  • Junior High Dist: Tacoma
  • High School: Foss
  • Middle Or Junior School: Giaudrone Mid Sch

Lot Info

  • Parcel Number: 289000-240-1
  • Lot Size Acres: 0.1458
  • Lot Size Sq Ft: 6350
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Patio
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Commercial,Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Multi Family

  • Gross Scheduled Income: 29880
  • Net Operating Income: 26540
  • Number Of Units Total: 2
  • Insurance Expense: 460
  • Leasable Area: 1584
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2019
  • Tax Annual Amount: 2970

MLS Schools

  • Elementary School: Reed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2019
Closed on
Oct 5, 2019
Sold by
Doble Anthony and Doble Karly
Bought by
Margullis Justin Steven
Seller's Agent
Anne Curry
Better Properties N. Proctor
List Price
$379,000
Sold Price
$369,000
Premium/Discount to List
-$10,000
-2.64%
Current Estimated Value
$562,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,087
Avg. Annual Appreciation
7.28%
Original Mortgage
$362,316
Outstanding Balance
$317,407
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$244,680

Purchase Details

Closed on
Apr 13, 2016
Sold by
Mauritz Jan J and Mauritz Pamela
Bought by
Doble Anthony and Doble Karly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,475
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 1998
Sold by
Rummell Gale B
Bought by
Mauritz Jan J and Mauritz Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,500
Interest Rate
6.69%
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
Margullis Justin Steven $369,000 Fidelity National Title
Doble Anthony $191,019 Ticor Title
Mauritz Jan J $20,119 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Margullis Justin Steven $362,316
Previous Owner Doble Anthony $143,475
Previous Owner Mauritz Jan J $80,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2019 10/08/19 Sold $369,000 0.0% $233 / Sq Ft
08/16/2019 08/16/19 Pending -- -- --
08/13/2019 08/13/19 Price Changed $369,000 -2.6% $233 / Sq Ft
07/11/2019 07/11/19 For Sale $379,000 -- $239 / 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 $4,962 $475,800 $208,800 $267,000
2024 $4,962 $477,000 $201,800 $275,200
2023 $4,962 $445,700 $193,000 $252,700
2022 $4,280 $434,600 $186,100 $248,500
2021 $3,840 $305,400 $102,100 $203,300
2019 $2,970 $259,600 $82,200 $177,400
2018 $2,947 $228,300 $71,800 $156,500
2017 $2,615 $186,400 $53,300 $133,100
2016 $2,174 $143,800 $37,900 $105,900
2014 $2,120 $124,900 $36,700 $88,200
2013 $2,120 $106,100 $34,300 $71,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1489178

Northwest Multiple Listing Service (NWMLS)

APN: 289000-2401