NOT LISTED FOR SALE

Estimated Value: $755,972 - $883,000

8 Beds
4 Baths
3,648 Sq Ft
$225/Sq Ft Est. Value

Last Sold March 28, 2013

Last sale price $260,000 $71 Per Sq Ft

Est. 215% increase in value since last sale

Current estimated payment $5,340/month

10 Days on Market

Highlights

  • Deck
  • Wood Siding
  • Wall to Wall Carpet
  • Thermal Windows

About This Home

As of March 2013

University Place 4 plex in Orchard Park. Each spacious unit offers a 2 bedroom, 1 bath floorplan including washer/dryer, a fireplace in the living room, a balcony deck with storage closet, and a covered parking space. Each unit is 920 sq ft. This is a well-maintained complex.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,976

Year Built

  • Built in 1981

Lot Details

  • 6,633 Sq Ft Lot
  • Street terminates at a dead end
  • Property is in average condition

HOA Fees

  • $325 Monthly HOA Fees

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,648 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Community Details

  • Orchard Park Condos
  • University Place Subdivision

Listing and Financial Details

  • Legal Lot and Block 9 / C
  • Assessor Parcel Number 6554000090

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,976

Year Built

Built in 1981

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1981
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Orchard Park
  • CalculatedSquareFootage: 3648
  • SOCComments: subject to lender approval
  • Special Features: 12

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Playground,Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 6

Utilities

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

Condo/Co-op/Association

  • Association Fee: 3900
  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 6554000090
  • Lot Size Acres: 0.1523
  • Lot Size Sq Ft: 6633
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck
  • LotNumber: 9

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 7
  • LeasedItems: None
  • TotalMonthlyIncome: 3200

Tax Info

  • Year: 2011
  • Tax Annual Amount: 3976

Multi Family

  • Number Of Units Total: 4
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2011
Closed on
Mar 26, 2013
Sold by
Horan Christopher
Bought by
Njengah Anthony K
List Price
$259,000
Sold Price
$260,000
Premium/Discount to List
$1,000
0.39%
Current Estimated Value
$819,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$559,486
Avg. Annual Appreciation
9.46%
Original Mortgage
$195,000
Outstanding Balance
$137,768
Interest Rate
3.49%
Mortgage Type
Commercial
Estimated Equity
$681,718

Purchase Details

Closed on
Sep 26, 2005
Sold by
Hoshaw Clarence A
Bought by
Horan Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,550
Interest Rate
7.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 30, 2002
Sold by
Shuckhart Timothy Kent
Bought by
Hoshaw Clarence A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,465
Interest Rate
5.96%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 27, 2002
Sold by
Anderson Steven C
Bought by
Shuckhart Timothy Kent and Shuckhart Kristi J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,431
Interest Rate
6.8%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 21, 2000
Sold by
Earley Joseph M
Bought by
Anderson Steven C and Anderson Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,810
Interest Rate
8.16%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Njengah Anthony K $260,000 Attorneys Title
Horan Christopher $411,950 --
Hoshaw Clarence A $257,500 Rainier Title Company
Shuckhart Timothy Kent $229,000 --
Anderson Steven C $208,248 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Njengah Anthony K $195,000
Previous Owner Horan Christopher $329,550
Previous Owner Hoshaw Clarence A $234,465
Previous Owner Shuckhart Timothy Kent $225,431
Previous Owner Anderson Steven C $177,810
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2013 03/28/13 Sold $260,000 +0.4% $71 / Sq Ft
05/20/2011 05/20/11 Pending -- -- --
05/09/2011 05/09/11 For Sale $259,000 -- $71 / 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 $8,445 $820,000 $210,700 $609,300
2024 $8,445 $817,700 $203,600 $614,100
2023 $8,445 $759,300 $194,700 $564,600
2022 $7,595 $727,900 $197,500 $530,400
2021 $6,750 $537,500 $108,400 $429,100
2019 $5,151 $452,300 $87,300 $365,000
2018 $5,655 $396,600 $76,200 $320,400
2017 $5,075 $358,200 $59,400 $298,800
2016 $4,154 $277,300 $42,200 $235,100
2014 $3,941 $239,000 $40,900 $198,100
2013 $3,941 $199,800 $38,300 $161,500
Source: Public Records

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 219583

Northwest Multiple Listing Service (NWMLS)

APN: 655400-0090