Listed by Best Choice Realty LLC, Bought with Redfin
NOT LISTED FOR SALE

4532 S Puget Sound Ave Tacoma, WA 98409

South Tacoma Neighborhood

Estimated Value: $630,000 - $711,000

6 Beds
4 Baths
2,468 Sq Ft
$264/Sq Ft Est. Value

Last Sold October 03, 2024

Last sale price $613,000 $248 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,972/month

11 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • Wood Siding
  • Vinyl Plank Flooring
  • Partially Fenced Property
  • 5-minute walk to South Park

About This Home

As of October 2024

Great investor opportunity! Beautifully maintained duplex that has just been fully updated. Large open living and kitchen area downstairs. 3 bedrooms on each side, with a large primary suite and 1.75 bathrooms. Each side has washer/dryers, attached garages & driveway parking for each unit. Close to bus lines, restaurants, auto shops, parks, and a short drive to downtown Tacoma, 15 minutes to Chambers Bay, or walk to Tacoma Mall. It is also located 1/4 Mi from the new Bridge Point 2.5M sq.ft development. Looking for great potential rental income from both units or live on one side and rent the other! Up and coming location to grow your rental portfolio!

Last Agent to Sell the Property

David Dzyk

Best Choice Realty LLC License #20109468 Listed on: 08/16/2024

Best Choice Realty LLC

Co-Listed By

Michel Charbonnier

Best Choice Realty LLC License #21003070

Last Buyer's Agent

Andrew Maglalang-Weakley

Redfin License #111616

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2277268

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,015

Year Built

  • Built in 2007 | Remodeled

Lot Details

  • 3,052 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Stone Siding
  • Wood Composite

Interior Spaces

  • 2,468 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

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

Utilities

  • Baseboard Heating
  • Cable TV Available

Community Details

  • No Home Owners Association
  • South Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2890002692

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,015

Year Built

Built in 2007 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2007
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2468
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Vinyl, Vinyl Plank, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Alley
  • View: No
  • Waterfront: No
  • Exterior Features: Stone, Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: TPU

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 2890002692
  • Lot Size Acres: 0.0701
  • Lot Size Sq Ft: 3052
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 10.54
  • LeasedItems: None
  • TotalMonthlyIncome: 4900

Tax Info

  • Year: 2024
  • Tax Annual Amount: 6015

Multi Family

  • Number Of Units Total: 2
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Reed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2024
Closed on
Oct 1, 2024
Sold by
5 Star Homes Llc
Bought by
Saini Rajeev and Saini Michelle S
Seller's Agent
David Dzyk
Best Choice Realty LLC
Buyer's Agent
Andrew Maglalang-Weakley
Redfin
List Price
$619,900
Sold Price
$613,000
Premium/Discount to List
-$6,900
-1.11%
Views
21
Current Estimated Value
$652,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,257
Avg. Annual Appreciation
6.40%
Original Mortgage
$459,750
Outstanding Balance
$455,016
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$197,241

Purchase Details

Closed on
May 10, 2016
Sold by
Kumar Rajesh
Bought by
5 Star Homes Llc

Purchase Details

Listed on
Sep 5, 2014
Closed on
Dec 11, 2014
Sold by
Mongia Sapna K and Kumar Rajesh
Bought by
Kumar Rajesh
Seller's Agent
Sheri Mott
Pacific Cascade Properties LLC
Buyer's Agent
Omar Senghore
Coldwell Banker Danforth
List Price
$221,550
Sold Price
$210,000
Premium/Discount to List
-$11,550
-5.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.04%
Original Mortgage
$214,200
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 5, 2014
Closed on
Dec 9, 2014
Sold by
Fannie Mae
Bought by
Kumar Rajesh
Seller's Agent
Sheri Mott
Pacific Cascade Properties LLC
Buyer's Agent
Omar Senghore
Coldwell Banker Danforth
List Price
$221,550
Sold Price
$210,000
Premium/Discount to List
-$11,550
-5.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,200
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2014
Sold by
Neal Brian O and Neal Arlene O
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 24, 2008
Sold by
Oneal Brian and Oneal Arlene
Bought by
Som Ohana Land Llc

Purchase Details

Closed on
May 20, 2008
Sold by
Billock Ronald P and Billock Denise M
Bought by
Oneal Brian and Oneal Arlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,200
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2006
Sold by
Shamp Caleb
Bought by
Billock Ronald P and Billock Denise M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$589,500
Interest Rate
8.25%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 26, 2006
Sold by
Wen Victor Y and Wen Naomi Fay
Bought by
Shamp Caleb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
8.7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 10, 2005
Sold by
Clouse Barbara J
Bought by
Wen Victor Y and Wen Naomi Fay
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Saini Rajeev $613,000 Old Republic Title
5 Star Homes Llc -- Accommodation
Kumar Rajesh -- Ort
Kumar Rajesh -- Ort
Federal National Mortgage Association $305,896 Nextitle
Som Ohana Land Llc -- None Available
Oneal Brian $348,000 The Talon Group
Billock Ronald P $250,000 Stewart Title
Shamp Caleb $185,000 Ticor Title Of Wa Inc
Wen Victor Y $133,000 Fat
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saini Rajeev $459,750
Previous Owner Kumar Rajesh $214,200
Previous Owner Oneal Brian $313,200
Previous Owner Billock Ronald P $589,500
Previous Owner Shamp Caleb $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/03/2024 10/03/24 Sold $613,000 -1.1% $248 / Sq Ft
08/27/2024 08/27/24 Pending -- -- --
08/16/2024 08/16/24 For Sale $619,900 +195.2% $251 / Sq Ft
12/12/2014 12/12/14 Sold $210,000 -5.2% $85 / Sq Ft View Prior Sale
11/25/2014 11/25/14 Pending -- -- --
09/05/2014 09/05/14 For Sale $221,550 -- $90 / 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 $6,015 $577,600 $185,700 $391,900
2024 $6,015 $581,100 $179,400 $401,700
2023 $6,015 $540,500 $171,600 $368,900
2022 $5,264 $516,900 $155,500 $361,400
2021 $4,728 $376,200 $85,300 $290,900
2019 $4,127 $363,900 $68,700 $295,200
2018 $4,221 $317,600 $60,000 $257,600
2017 $570 $267,200 $43,200 $224,000
2016 $524 $208,800 $30,700 $178,100
2014 $553 $178,000 $29,800 $148,200
2013 $553 $149,800 $27,800 $122,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2277268

Northwest Multiple Listing Service (NWMLS)

APN: 289000-2692