Listed by Operation Red Dot, Bought with Windermere Prof Partners
$735,000
SOLD NOV 25, 2024

4820 N Pearl St Unit 4818 Tacoma, WA 98407

North Tacoma Neighborhood
-- Bed
-- Bath
2,033 Sq Ft
6,000 Sq Ft Lot

Recently Sold

$362 Per Sq Ft

Highlights

  • No HOA
  • Vinyl Plank Flooring
  • Dog Run
  • Patio
  • Forced Air Heating System
  • High Speed Internet

About This Home

As of November 2024

Prime investment opportunity! This fully updated duplex has maintained a 0% vacancy rate since 2019, showcasing its strong appeal. Each unit offers contemporary enhancements, such as new cabinets, countertops, flooring, fresh paint, and appliances. Rare attached garages add exceptional value. The open layout features vaulted ceilings, skylights, and stylish rounded corners for an airy feel. Wired for surround sound and complete with a utility space that includes a laundry sink and storage. A robust 40-year roof ensures longevity. All utilities are separately metered. Ideally situated within walking distance to Pt. Defiance Zoo and Tacoma’s lively waterfront. Want to live in one and rent the other? Both sides rent ready so you get to choose!

Last Agent to Sell the Property

James Marszalek

Operation Red Dot License #27184 Listed on: 11/10/2024

Last Buyer's Agent

Matt Hume

Windermere Prof Partners License #26139

Windermere Prof Partners

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2309774

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,865

Year Built

  • Built in 1999 | Remodeled

Lot Details

  • 6,000 Sq Ft Lot
  • Dog Run
  • Property is Fully Fenced

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 2,033 Sq Ft Home
  • 1-Story Property
  • Vinyl Plank Flooring

Parking

  • 11 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Schools

  • Point Defiance Elementary School
  • Truman Middle School
  • Silas High School

Utilities

  • Forced Air Heating System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Point Defiance Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2620000050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,865

Year Built

Built in 1999 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1999
  • Buyer Agency Compensation: 2.0
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2033
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Vinyl Plank
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 7
  • Open Parking: Yes
  • Total Parking Spaces: 11
  • ParkingUncoveredSpaces: 7

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: TPU
  • CableConnected: Xfinity
  • InternetConnected: Xfinity
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Tacoma
  • High School: Silas High School
  • Middle Or Junior School: Truman

Lot Info

  • Parcel Number: 2620000050
  • Lot Size Acres: 0.1377
  • Lot Size Sq Ft: 6000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Dog Run,Fenced-Fully,Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • GrossRentMultiplier: 5.5
  • LeasedItems: None
  • TotalMonthlyIncome: 3400

Multi Family

  • Gross Scheduled Income: 40800
  • Net Operating Income: 31131
  • Number Of Units Total: 2
  • Insurance Expense: 1735.2
  • Leasable Area: 2033
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2024
  • Tax Annual Amount: 6865

MLS Schools

  • Elementary School: Point Defiance

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2024
Closed on
Nov 24, 2024
Sold by
Dill April
Bought by
Kang Kelly and Kordestani Kevin
Seller's Agent
James Marszalek
Operation Red Dot
Buyer's Agent
Matt Hume
Windermere Prof Partners
List Price
$735,000
Sold Price
$735,000
Views
5
Current Estimated Value
$772,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,263
Avg. Annual Appreciation
7.64%

Purchase Details

Closed on
Nov 2, 2021
Sold by
Dill April Verlene
Bought by
Dill April Verlene and Dill Axzanor Dexter

Purchase Details

Closed on
Jul 26, 2019
Sold by
Marso James M
Bought by
Dill April

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$531,995
Interest Rate
3.82%
Mortgage Type
VA

Purchase Details

Closed on
Jun 26, 2019
Sold by
Lowe Ajani
Bought by
Dill April

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$531,995
Interest Rate
3.82%
Mortgage Type
VA

Purchase Details

Closed on
Jan 11, 1995
Sold by
Haugland Charlotte
Bought by
Marso James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
9.29%
Mortgage Type
Seller Take Back
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 Type Sale Price Title Company
Warranty Deed $735,000 Fidelity National Title
Deed -- None Listed On Document
Warranty Deed $515,000 Fidelity National Title
Quit Claim Deed -- Fidelity National Title
Warranty Deed $50,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $550,909 VA
Previous Owner $544,129 VA
Previous Owner $531,995 VA
Previous Owner $189,000 Unknown
Previous Owner $45,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2024 11/25/24 Sold $735,000 0.0% $362 / Sq Ft
11/15/2024 11/15/24 Pending -- -- --
11/13/2024 11/13/24 For Sale $735,000 0.0% $362 / Sq Ft
11/12/2024 11/12/24 Off Market $735,000 -- --
11/10/2024 11/10/24 For Sale $735,000 -- $362 / 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 $6,865 $693,300 $311,600 $381,700
2024 $6,865 $664,200 $300,800 $363,400
2023 $6,865 $617,000 $260,900 $356,100
2022 $6,008 $627,600 $274,800 $352,800
2021 $5,658 $450,400 $175,000 $275,400
2019 $4,429 $378,100 $147,700 $230,400
2018 $4,827 $340,900 $133,200 $207,700
2017 $4,210 $305,700 $100,200 $205,500
2016 $3,746 $229,800 $75,700 $154,100
2014 $3,386 $215,500 $72,800 $142,700
2013 $3,386 $199,400 $65,200 $134,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2309774

Northwest Multiple Listing Service (NWMLS)

APN: 262000-0050