Investor Alert - 2 homes on one 9000 square foot lot. Newer home built in 1997 has 5 bedrooms, 1.75 baths and 900+ square feet of dry storage in the basement. Smaller home is a 600 square feet - 1 bed/1 bath. Tenant in larger home has been there for 5+ years. Seller took steps to subdivide the property several years back and City approved that plan; however, Seller decided not to complete that option - those plans are available. Combined rent $2,500+
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1141121
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$6,141
Year Built
Built in 1997
Lot Details
9,000 Sq Ft Lot
Corner Lot
Home Design
Duplex
Slab Foundation
Poured Concrete
Composition Roof
Wood Siding
Wood Composite
Flooring
Wood
Wall to Wall Carpet
Vinyl
Additional Features
2-Story Property
Cable TV Available
Community Details
North Tacoma Subdivision
Listing and Financial Details
Assessor Parcel Number 413500-150-1
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$6,141
Year Built
Built in 1997
Lot Details
0
Listing Details
Property Type: Residential Income
Property Sub Type: Multi-Family
StyleCode: 52 - Duplex
Year Built: 1997
Buyer Agency Compensation: 2.5
MLS Status: Sold
Prev Status: Closed
New Construction: No
CalculatedSquareFootage: 0
EffectiveYearBuiltSource: Public Records
Special Features: VirtualTour
Cumulative Days on Market: 353
Interior Features
Fireplace: No
Flooring: Hardwood, Vinyl, Carpet
Interior Amenities: Forced Air, Hardwood, Wall to Wall Carpet
Stories: 2
SquareFootageFinished: 0
SquareFootageUnfinished: 0
Amenities: Basement
Exterior Features
Roof: Composition
Lot Features: Corner Lot
View: No
Waterfront: No
Exterior Features: Wood, Wood Products
Foundation Details: Poured Concrete, Slab
Structure Type: Duplex
Garage/Parking
Carport Y N: No
Open Parking: No
ParkingUncoveredSpaces: 0
Utilities
Sewer: Sewer Connected
Water Source: Public
Heating Yn: Yes
Utilities: Cable Connected, Sewer Connected, Electric
PowerCompany: TPU
SewerCompany: TPU
WaterCompany: TPU
WaterSewerGarbage: 1800
Schools
Junior High Dist: Tacoma
Lot Info
Parcel Number: 413500-150-1
Lot Size Acres: 0.2066
Lot Size Sq Ft: 9000
Irrigation Water Rights: No
ResoLotSizeUnits: SquareFeet
ShowMapLink: true
SiteFeatures: Cable TV
MLSLotSizeSource: Realist
Green Features
Power Production Type: Electric
Rental Info
Furnished: Unfurnished
GrossRentMultiplier: 16
LeasedItems: None
TotalMonthlyIncome: 0
Multi Family
Gross Scheduled Income: 30120
Net Operating Income: 21553
Number Of Units Total: 1
Insurance Expense: 626
Leasable Area: 2460
UnitsInBuildingTotal: 2
UnitsBelowGrade: false
VacancyRate: 0
Tax Info
Year: 2017
Tax Annual Amount: 6141
Ownership History
DateNameOwned ForOwner Type
Jun 2019 - PresentCallahan Patrick and Callahan Katherine5 Years and 11 Months
Private Individual
Purchase Details
Closed on
Jun 28, 2019
Sold by
Mcever Susan
Bought by
Callahan Patrick and Callahan Katherine
Total Days on Market
230
Current Estimated Value
$756,956
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,000
Interest Rate
4%
Mortgage Type
New Conventional
Nov 2018 - Jun 2019Mcever Susan7 Months
Private Individual
Purchase Details
Closed on
Nov 5, 2018
Sold by
Mcever Eddie Dean and Mcever Susan
Bought by
Mcever Susan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,137
Interest Rate
4.7%
Mortgage Type
FHA
Oct 2018 - Nov 2018Callahan Katherine and Callahan Patrick1 Month
Private Individual
Purchase Details
Closed on
Oct 25, 2018
Sold by
Beantown Llc
Bought by
Callahan Katherine and Callahan Patrick
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,137
Interest Rate
4.7%
Mortgage Type
FHA
Sep 1998 - Oct 2018Snell Jerrell Dean20 Years and 1 Month
Private Individual
Purchase Details
Closed on
Sep 10, 1998
Sold by
Woodard Donna M and Gaines Robert G
Bought by
Snell Jerrell Dean
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
6.89%
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 4908 N 36th St, Tacoma, WA 98407 since 09 June 2017 and is currently estimated at $756,956, approximately $406 per square foot. This property was built in 1997. 4908 N 36th St is a home located in Pierce County with nearby schools including Sherman Elementary School, Mason Middle School, and Dr. Dolores Silas High School.
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