Listed by John L. Scott, Inc, Bought with eXp Realty
$593,000
SOLD OCT 3, 2024

4538 S Puget Sound Ave Unit A & B Tacoma, WA 98409

South Tacoma Neighborhood
-- Bed
-- Bath
2,468 Sq Ft
3,052 Sq Ft Lot

Recently Sold

$240 Per Sq Ft

3% Below List Price

61 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • Wall to Wall Carpet
  • Patio
  • High Speed Internet
  • 5-minute walk to South Park

About This Home

As of October 2024

Discover this exquisite, beautiful, low-maintenance 2,468 sq/ft duplex investment in a prime location near the Tacoma Mall. Each turn-key unit offers a spacious 1,234 sq/ft, 3-bedroom, 1.75-bathroom layout accompanied by a one car garage. The first level has a living space, white appliances, and a spacious kitchen with a slider to the patio. The large master suite, bedrooms and bathrooms are located upstairs along with the utility room. Recent enhancements include beautiful premium carpet flooring throughout the home, and fresh interior and exterior paint. Each unit has one additional uncovered parking. It is situated just moments away from the freeway, shopping, parks, and all your expected amenities.

Last Agent to Sell the Property

Terry Vo

John L. Scott, Inc License #30571 Listed on: 07/02/2024

John L. Scott, Inc

Last Buyer's Agent

Lisa Wray

eXp Realty License #128830

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2259932

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,367

Year Built

  • Built in 2007

Home Design

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

Interior Spaces

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

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Utilities

  • Baseboard Heating
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Patio
  • 3,052 Sq Ft Lot

Community Details

  • No Home Owners Association
  • South Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2890002702

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,367

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2007
  • Buyer Agency Compensation: 2.50
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2468
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour
  • Cumulative Days on Market: 292

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, 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 Products
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: Tacoma Public Utilities
  • SewerCompany: Tacoma Public Utilities
  • WaterCompany: Tacoma Public Utilities
  • CableConnected: Xfinity
  • InternetConnected: Xfinity
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 2890002702
  • Lot Size Acres: 0.0701
  • Lot Size Sq Ft: 3052
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet,Patio
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 14.32
  • LeasedItems: None
  • TotalMonthlyIncome: 3550

Multi Family

  • Gross Scheduled Income: 42600
  • Net Operating Income: 36431
  • Number Of Units Total: 2
  • Insurance Expense: 803
  • Leasable Area: 2468
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 9

Tax Info

  • Year: 2024
  • Tax Annual Amount: 5367

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2024
Closed on
Sep 24, 2024
Sold by
Vong Sinh and Luu May
Bought by
Farrington Stanley and Farrington Elizabeth
Seller's Agent
Terry Vo
John L. Scott, Inc
Buyer's Agent
Lisa Wray
eXp Realty
List Price
$609,950
Sold Price
$593,000
Premium/Discount to List
-$16,950
-2.78%
Total Days on Market
61
Views
142
Current Estimated Value
$603,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,238
Avg. Annual Appreciation
2.67%
Original Mortgage
$444,750
Outstanding Balance
$442,286
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$160,952

Purchase Details

Listed on
Feb 6, 2021
Closed on
Apr 14, 2021
Sold by
Wallace Ho and Herbert Ho Herbert
Bought by
Vong Sinh C and May Luu May
Seller's Agent
Sheilia McLaughlin
RNLNG, Inc.
Buyer's Agent
Terry Vo
John L. Scott, Inc
List Price
$485,000
Sold Price
$515,000
Premium/Discount to List
$30,000
6.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.16%
Original Mortgage
$386,250
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2011
Sold by
Ho Melody
Bought by
Ho Herbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,200
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2011
Sold by
Ryan Clayton E and Ryan Michaelynn T
Bought by
Verity Credit Union

Purchase Details

Closed on
May 22, 2008
Sold by
Billock Ronald P and Billock Denise M
Bought by
Ryan Clayton E and Ryan Michaelynn T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $593,000 Wfg National Title
Warranty Deed $515,000 Cw Title
Interfamily Deed Transfer -- First American Title Ins Co
Interfamily Deed Transfer -- First American Title Ins Co
Interfamily Deed Transfer -- First American Title Ins Co
Warranty Deed $199,000 First American Title Ins Co
Trustee Deed $289,808 Accommodation
Warranty Deed $345,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $444,750 New Conventional
Previous Owner $386,250 New Conventional
Previous Owner $159,200 New Conventional
Previous Owner $276,000 Purchase Money Mortgage
Previous Owner $34,500 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2024 10/03/24 Sold $593,000 -1.2% $240 / Sq Ft
09/01/2024 09/01/24 Pending -- -- --
08/02/2024 08/02/24 Price Changed $599,950 -1.6% $243 / Sq Ft
07/02/2024 07/02/24 For Sale $609,950 +18.4% $247 / Sq Ft
04/19/2021 04/19/21 Sold $515,000 +6.2% $209 / Sq Ft
03/20/2021 03/20/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $485,000 -5.8% $197 / Sq Ft
02/20/2021 02/20/21 Off Market $515,000 -- --
02/13/2021 02/13/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $485,000 0.0% $197 / Sq Ft
02/09/2021 02/09/21 Pending -- -- --
02/06/2021 02/06/21 For Sale $485,000 -- $197 / 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 $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

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2259932

Northwest Multiple Listing Service (NWMLS)

APN: 289000-2702