NOT LISTED FOR SALE

4530 S Thompson Ave Unit 4532 Tacoma, WA 98418

South End Neighborhood

Estimated Value: $509,000 - $536,000

4 Beds
2 Baths
1,500 Sq Ft
$352/Sq Ft Est. Value

Last Sold April 22, 2020

Last sale price $359,499 $240 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,321/month

3 Days on Market

Highlights

  • Deck
  • Wood Siding
  • 1-Story Property
  • Wood Flooring

About This Home

As of April 2020

Great investment duplex conveniently located in the heart of South Tacoma. Both units were fully renovated in 2019. Brand new windows, hardwood flooring, appliances and much more. Each unit also equips with back patio/deck,an extra storage room and covered parking. Income generating with minimal maintenance. Pictures are from 2019. Leases are up for renewal, option for owner occupied. Buyers to verify all information. Don't miss out on this great investment opportunity!

Last Agent to Sell the Property

Grace Wang

VerraTerra License #121230 Listed on: 03/21/2020

Last Buyer's Agent

Nacquata Bryson

Real Broker LLC License #109042

Real Broker LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1581908

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,034

Year Built

  • Built in 1979

Lot Details

  • 6,000 Sq Ft Lot
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Community Details

  • South Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8935027070

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,034

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1979
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1500
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 272

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Tacoma
  • SewerCompany: Tacoma
  • WaterCompany: Tacoma
  • WaterSewerGarbage: 2400

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 8935027070
  • Lot Size Acres: 0.1377
  • Lot Size Sq Ft: 6000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck
  • MLSLotSizeSource: Pierce County Record
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 8
  • LeasedItems: None
  • TotalMonthlyIncome: 2500

Multi Family

  • Gross Scheduled Income: 30000
  • Net Operating Income: 23366
  • Number Of Units Total: 2
  • Insurance Expense: 600
  • Leasable Area: 1500
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3034

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2025
Sold by
Palosaari Alicia
Bought by
Broadwater Aaron
Total Days on Market
3
Current Estimated Value
$527,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Outstanding Balance
$528,639
Interest Rate
6.81%
Mortgage Type
VA
Estimated Equity
-$1,130

Purchase Details

Listed on
Mar 21, 2020
Closed on
Apr 15, 2020
Sold by
5 Star Homes Llc
Bought by
Palosaari Alicia
Seller's Agent
Grace Wang
VerraTerra
Buyer's Agent
Nacquata Bryson
Real Broker LLC
List Price
$359,499
Sold Price
$359,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.79%
Original Mortgage
$352,987
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 22, 2017
Sold by
Mongia Sapna Kumar
Bought by
Kumar Rajesh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 17, 2017
Sold by
Armijo Sergio
Bought by
Montgomery Belinda Armijo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 12, 2007
Sold by
4530 S Thompson Llc
Bought by
Armijo Sergio and Armijo Belinda

Purchase Details

Closed on
Oct 10, 2006
Sold by
Armijo Sergio and Armijo Belinda
Bought by
4530 S Thompson Llc

Purchase Details

Closed on
Feb 7, 2005
Sold by
Stryczek Wieslaw
Bought by
Armijo Sergio and Armijo Belinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 1998
Sold by
Mapes Richard W
Bought by
Stryczek Wieslaw and Stryczek Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,900
Interest Rate
6.93%
Source: Public Records

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Range of Values:

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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
Broadwater Aaron $530,000 Wfg National Title Company Of
Broadwater Aaron $530,000 Wfg National Title Company Of
Palosaari Alicia $359,499 Rainier Title
Kumar Rajesh -- Attorneys Title
5 Star Homes Llc $189,719 Attorneys Title
Montgomery Belinda Armijo -- Attorneys Title
Armijo Sergio -- None Available
4530 S Thompson Llc -- None Available
Armijo Sergio $197,500 Chicago Title Insurance Co
Stryczek Wieslaw $124,483 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Broadwater Aaron $530,000
Closed Broadwater Aaron $530,000
Previous Owner Palosaari Alicia $354,500
Previous Owner Palosaari Alicia $352,987
Previous Owner 5 Star Homes Llc $200,000
Previous Owner 5 Star Homes Llc $171,000
Previous Owner Armijo Sergio $158,000
Previous Owner Stryczek Wieslaw $123,000
Previous Owner Stryczek Wieslaw $74,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2020 04/22/20 Sold $359,499 0.0% $240 / Sq Ft
03/24/2020 03/24/20 Pending -- -- --
03/21/2020 03/21/20 For Sale $359,499 -- $240 / 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
2024 $4,311 $451,200 $199,400 $251,800
2023 $4,311 $387,100 $187,300 $199,800
2022 $4,057 $422,500 $183,500 $239,000
2021 $3,582 $284,800 $105,800 $179,000
2019 $2,578 $223,500 $92,200 $131,300
2018 $2,964 $198,100 $80,200 $117,900
2017 $2,519 $187,500 $58,300 $129,200
2016 $2,215 $135,400 $42,500 $92,900
2014 $1,985 $127,300 $41,400 $85,900
2013 $1,985 $118,600 $37,900 $80,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1581908

Northwest Multiple Listing Service (NWMLS)

APN: 893502-7070