Listed by Northwest Premier Brokers, Bought with Redfin
NOT LISTED FOR SALE

Estimated Value: $583,000

5 Beds
1 Bath
1,480 Sq Ft
$394/Sq Ft Est. Value

Last Sold April 30, 2020

Last sale price $255,000 $172 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $3,686/month

2 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Garage
  • Level Lot
  • 1 Fireplace
  • Partially Fenced Property
  • Senior Tax Exemptions

About This Home

As of April 2020

Investor/builder alert! Here’s a tremendous opportunity to either fix up and flip the existing home or use the double lot and subdivide it for building two new properties. Buyer to verify that to their satisfaction. Existing home needs work and likely will not conventionally finance. Unfinished basement. Detached 2 car garage off alley. Estate sale - Property sold “As Is”. Great location with easy access to downtown Tacoma and I5, close to schools, parks, shopping, services, and more.

Last Agent to Sell the Property

Michael Pollock

Northwest Premier Brokers License #26655 Listed on: 04/13/2020

Northwest Premier Brokers

Co-Listed By

Adrienne Pollock

Northwest Premier Brokers License #125666

Last Buyer's Agent

Jason Kjellesvik

Redfin License #25217

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1589186

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $418

Year Built

  • Built in 1927

Lot Details

  • 10,650 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Fixer Upper
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,480 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Oven or Range
  • Unfinished Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Full Bathroom

Utilities

  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Community Details

  • Tacoma Subdivision

Listing and Financial Details

  • Senior Tax Exemptions
  • Assessor Parcel Number 7470015530

Home Details

Home Type

Single Family

Est. Annual Taxes

$418

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 12 - 2 Story
  • Year Built: 1927
  • Inclusions: RangeOven,Refrigerator
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 1480
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: true
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Basement: Unfinished
  • Full Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Hardwood, Carpet
  • Interior Amenities: Hardwood, Water Heater
  • Living Area: 1480
  • Main Level Bedrooms: 2
  • Bathrooms: 1
  • BathsFullMain: 1
  • SquareFootageFinished: 1480
  • SquareFootageUnfinished: 896
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Range/Oven,Refrigerator
  • FireplacesLower: 1

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Fixer
  • Structure Type: House

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Fully Fenced
  • Utilities: Cable Connected, Sewer Connected, Natural Gas Connected
  • WaterHeaterLocation: Basement
  • WaterHeaterType: Gas

Schools

  • Junior High Dist: Tacoma
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 7470015530
  • Topography: Level
  • Lot Size Acres: 0.2445
  • Lot Size Sq Ft: 10650
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially
  • MLSLotSizeSource: PCR
  • MLSSquareFootageSource: PCR
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2020
  • Tax Annual Amount: 418

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2020
Closed on
Apr 23, 2020
Sold by
Myers Peggy and Estate Of Michael J Preston
Bought by
Wcres Opportunity Fund Llc
Seller's Agent
Michael Pollock
Northwest Premier Brokers
Buyer's Agent
Jason Kjellesvik
Redfin
List Price
$225,000
Sold Price
$255,000
Premium/Discount to List
$30,000
13.33%
Current Estimated Value
$583,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,000
Original Mortgage
$340,000
Outstanding Balance
$302,326
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 1998
Sold by
Preston Debbie Kay
Bought by
Preston Michael James
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
Wcres Opportunity Fund Llc $255,000 Fatco
Preston Michael James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wcres Opportunity Fund Llc $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2020 04/30/20 Sold $255,000 +13.3% $172 / Sq Ft
04/15/2020 04/15/20 Pending -- -- --
04/13/2020 04/13/20 For Sale $225,000 -- $152 / 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
2021 $4,550 $362,000 $119,900 $242,100
2019 $434 $308,700 $100,200 $208,500
2018 $0 $277,000 $80,600 $196,400
2017 $257 $243,500 $68,700 $174,800
2016 $521 $179,700 $50,800 $128,900
2014 $1,269 $167,100 $50,100 $117,000
2013 $1,269 $152,200 $44,000 $108,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1589186

Northwest Multiple Listing Service (NWMLS)

APN: 747001-5530