Listed by Keller Williams Realty, Bought with Best Choice Network LLC
NOT LISTED FOR SALE

Estimated Value: $745,000

8 Beds
4 Baths
3,500 Sq Ft
$213/Sq Ft Est. Value

Last Sold August 26, 2014

Last sale price $269,000 $77 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $4,602/month

453 Days on Market

Highlights

  • 0.32 Acre Lot
  • Patio
  • Wall to Wall Carpet
  • Thermal Windows
  • Wood Siding
  • 1-Story Property

About This Home

As of August 2014

1 Story 4-plex - 2 bed 1 bath units have washer/dryer hookups in each. Building is approved section 8. Existing renters in all 4 units. Water/Sewer/Garbage and Landscaping included in monthly rent.

Last Agent to Sell the Property

Colleen Dutmers

Keller Williams Realty License #10936 Listed on: 03/28/2013

Keller Williams Realty

Last Buyer's Agent

Marlena Ma

Best Choice Network LLC License #115531

Best Choice Network LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 465690

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,574

Year Built

  • Built in 1977

Lot Details

  • 0.32

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Quadruplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,500 Sq Ft Home
  • 1-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • 8 Parking Spaces
  • Open Parking

Additional Features

  • Patio
  • 0.32 Acre Lot

Community Details

  • Orchard Glen Condos
  • South Tacoma Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 6551000030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,574

Year Built

Built in 1977

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1977
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Orchard Glen
  • CalculatedSquareFootage: 3500
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Quadruplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: TPU
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee: 600
  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 6551000030
  • Lot Size Acres: 0.3213
  • Lot Size Sq Ft: 13996
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Patio
  • ZoningClass: Multi-Family
  • LotNumber: 3

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2725

Multi Family

  • Gross Scheduled Income: 32700
  • Number Of Units Total: 4
  • Leasable Area: 3500
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2013
  • Tax Annual Amount: 3574

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2013
Closed on
Aug 22, 2014
Sold by
Ong Tuong
Bought by
Ma Marlene L
Seller's Agent
Colleen Dutmers
Keller Williams Realty
Buyer's Agent
Marlena Ma
Best Choice Network LLC
List Price
$289,000
Sold Price
$269,000
Premium/Discount to List
-$20,000
-6.92%
Current Estimated Value
$745,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$476,000
Avg. Annual Appreciation
9.54%
Original Mortgage
$188,300
Outstanding Balance
$143,632
Interest Rate
4.12%
Mortgage Type
Commercial
Estimated Equity
$601,368

Purchase Details

Closed on
Jun 13, 2012
Sold by
Sanderson Michael L
Bought by
Washington Federal and Washington Federal Savings

Purchase Details

Closed on
Sep 12, 2007
Sold by
Sanderson Patricia L
Bought by
Sanderson Michael L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,000
Interest Rate
6.61%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 14, 1997
Sold by
Ketner Robert N
Bought by
Sanderson Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.23%
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 Buyer Sale Price Title Company
Ma Marlene L -- First American Title Ins Co
Ma Marlena L $268,719 First American Title Ins Co
Washington Federal $315,346 Fatco
Sanderson Michael L -- Trans
Sanderson Michael L -- Trans
Sanderson Michael $100,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ma Marlena L $188,300
Previous Owner Sanderson Michael L $286,000
Previous Owner Sanderson Michael $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2014 08/26/14 Sold $269,000 -6.9% $77 / Sq Ft
06/26/2014 06/26/14 Pending -- -- --
03/29/2013 03/29/13 For Sale $289,000 -- $83 / 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 $7,741 $781,900 $245,500 $536,400
2024 $7,741 $770,800 $237,300 $533,500
2023 $7,741 $695,900 $227,000 $468,900
2022 $7,214 $710,500 $220,600 $489,900
2021 $6,601 $525,600 $138,700 $386,900
2019 $4,852 $442,200 $113,500 $328,700
2018 $5,225 $373,500 $98,700 $274,800
2017 $4,335 $330,900 $67,600 $263,300
2016 $3,890 $245,100 $46,800 $198,300
2014 $1,787 $223,800 $44,600 $179,200
2013 $1,787 $201,700 $44,600 $157,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 465690

Northwest Multiple Listing Service (NWMLS)

APN: 655100-0030