NOT LISTED FOR SALE

4550 S Puget Sound Ave Tacoma, WA 98409

South Tacoma Neighborhood

Estimated Value: $1,001,442 - $1,154,000

12 Beds
8 Baths
4,936 Sq Ft
$218/Sq Ft Est. Value

Last Sold March 01, 2018

Last sale price $680,000 $138 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $6,575/month

2 Days on Market

Highlights

  • Patio
  • Wood Siding
  • 5-minute walk to South Park
  • Property is in very good condition
  • Wall to Wall Carpet

About This Home

As of March 2018

4 Plex in great condition. Built in 2006. Exterior looks like new. 3 bedroom 2 bath units each at 1234 square feet. This is actually two duplexes on one lot but is permitted as a 4 plex. Close in location off 47th and South Tacoma Way.

Co-Listed By

Dean Pierce

John L. Scott, Inc. License #36379

John L. Scott, Inc.

Last Buyer's Agent

Maikele Mengesha

The Preview Group License #2034

The Preview Group

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1241297

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $599

Year Built

  • Built in 2006

Lot Details

  • 5,418 Sq Ft Lot
  • Property is in very good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 4,936 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • South Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2890002721

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$599

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 2006
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4936
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Electric
  • PowerCompany: Tacoma
  • SewerCompany: Pierce Coun ty
  • WaterCompany: Tacoma
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Parcel Number: 2890002721
  • Lot Size Acres: 0.1244
  • Lot Size Sq Ft: 5418
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Gas Available,Patio
  • MLSLotSizeSource: county
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 4435

Multi Family

  • Gross Scheduled Income: 53220
  • Net Operating Income: 42900
  • Number Of Units Total: 4
  • Insurance Expense: 103
  • Leasable Area: 4936
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2017
  • Tax Annual Amount: 599

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2018
Closed on
Feb 27, 2018
Sold by
Hill Craig E and Hill Ginger D
Bought by
Selassie Gizachew Haile
Buyer's Agent
Maikele Mengesha
The Preview Group
List Price
$679,950
Sold Price
$680,000
Premium/Discount to List
$50
0.007%
Current Estimated Value
$1,074,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,361
Avg. Annual Appreciation
6.22%
Original Mortgage
$510,000
Outstanding Balance
$433,452
Interest Rate
4.04%
Mortgage Type
New Conventional
Estimated Equity
$640,909

Purchase Details

Closed on
Jan 26, 2016
Sold by
Hill Craig D and Hill Kristen N
Bought by
Hill Craig E and Hill Ginger D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$401,250
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2005
Sold by
Wet Fly Investments Llc
Bought by
Hill Craig E and Hill Ginger D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
6.07%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 5, 2005
Sold by
Mohn Kevin F
Bought by
Wet Fly Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 1997
Sold by
Webber James
Bought by
Mohn Kevin F and Mohn Petra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,900
Interest Rate
7.44%
Mortgage Type
VA

Purchase Details

Closed on
Jan 27, 1995
Sold by
Rogers James F
Bought by
Webber James and Webber Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,550
Interest Rate
9.28%

Purchase Details

Closed on
Apr 5, 1994
Sold by
Professional Foreclosure Corp Of Wa
Bought by
Independence One Mtg Corp
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
Selassie Gizachew Haile $679,719 Puget Sound Title
Hill Craig E -- Puget Sound Title Puyallup
Hill Craig E $610,000 Ticor Title Of Wa Inc
Wet Fly Investments Llc $162,000 Stewart Title
Mohn Kevin F $104,589 First American Title Ins Co
Webber James $92,490 --
Independence One Mtg Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Selassie Gizachew Haile $510,000
Previous Owner Hill Craig E $401,250
Previous Owner Hill Craig E $488,000
Previous Owner Wet Fly Investments Llc $121,500
Previous Owner Mohn Kevin F $89,900
Previous Owner Webber James $71,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2018 03/01/18 Sold $680,000 0.0% $138 / Sq Ft
02/04/2018 02/04/18 Pending -- -- --
02/02/2018 02/02/18 For Sale $679,950 -- $138 / 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 $10,281 $985,900 $202,100 $783,800
2024 $10,281 $998,800 $195,300 $803,500
2023 $10,281 $924,600 $186,800 $737,800
2022 $9,370 $897,900 $179,000 $718,900
2021 $8,538 $680,100 $98,200 $581,900
2019 $7,585 $663,400 $79,100 $584,300
2018 $7,958 $584,300 $69,100 $515,200
2017 $7,189 $504,300 $50,900 $453,400
2016 $615 $396,700 $36,200 $360,500
2014 $651 $335,100 $35,100 $300,000
2013 $651 $277,200 $32,800 $244,400
Source: Public Records

Agents Affiliated with this Home

  • Dean Pierce

    Seller Co-Listing Agent in 2018

    Dean Pierce

    John L Scott

    (253) 606-7828

    184 Total Sales

    Dean Pierce
    Section Image

  • M

    Buyer's Agent in 2018

    Maikele Mengesha

    The Preview Group

    (206) 359-0943

    7 Total Sales

    Maikele Mengesha
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1241297

Northwest Multiple Listing Service (NWMLS)

APN: 289000-2721

Washington Pierce County Tacoma 98409 South Tacoma

4550 S Puget Sound Ave, Tacoma, WA

This home is located at 4550 S Puget Sound Ave, Tacoma, WA 98409 since 02 February 2018 and is currently estimated at $1,074,361, approximately $217 per square foot. This property was built in 2006. 4550 S Puget Sound Ave is a home located in Pierce County with nearby schools including Jennie Reed Elementary School, Angelo Giaudrone Middle School, and Foss High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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