NOT LISTED FOR SALE

Estimated Value: $671,000

8 Beds
4 Baths
2,732 Sq Ft
$246/Sq Ft Est. Value

Last Sold May 22, 2013

Last sale price $203,000 $74 Per Sq Ft

Est. 231% increase in value since last sale

Current estimated payment $4,126/month

193 Days on Market

About This Home

As of May 2013

4 Plex being sold as a Short Sale. Currently 100% occupied and market rent is higher than currently getting. Buyer to verify all sizes and details of listing to own satisfaction. Drive by only. Do not disturb tenants. All showings and inspections will be arranged with acceptable offer. Current expenses not available at time of listing.

Last Buyer's Agent

Jim Marso

Better Properties N. Proctor License #6021

Better Properties N. Proctor

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 367863

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,751

Year Built

  • Built in 1981

Lot Details

  • 0.34 Acre Lot

Home Design

  • Quadruplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,732 Sq Ft Home
  • 2-Story Property

Parking

  • 4 Parking Spaces
  • Open Parking

Community Details

  • University Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6551000200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,751

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1981
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 2732
  • Special Features: 12

Interior Features

  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

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

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 6551000200
  • Lot Size Acres: 0.3421
  • Lot Size Sq Ft: 14900
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true

Green Features

  • Power Production Type: Electric

Rental Info

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

Tax Info

  • Year: 2012
  • Tax Annual Amount: 1751

Multi Family

  • Number Of Units Total: 4
  • Leasable Area: 2732
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2012
Closed on
May 15, 2013
Sold by
Helmer Ethan and Helmer Rebecca
Bought by
Valentine Scott R
Buyer's Agent
Jim Marso
Better Properties N. Proctor
List Price
$135,000
Sold Price
$203,000
Premium/Discount to List
$68,000
50.37%
Current Estimated Value
$671,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$468,000
Avg. Annual Appreciation
10.09%
Original Mortgage
$152,250
Outstanding Balance
$107,400
Interest Rate
3.38%
Mortgage Type
Commercial
Estimated Equity
$563,600

Purchase Details

Closed on
Sep 8, 2006
Sold by
Semingson Lynn and Semingson Sonja
Bought by
Helmer Ethan and Helmer Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
7.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 2, 2005
Sold by
Hurt Paul M
Bought by
Semingson Lynn and Semingson Sonja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
6.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 11, 2004
Sold by
Stewart William L
Bought by
Hurt Paul M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
5.77%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 20, 2001
Sold by
Pham Doan H
Bought by
Stewart William L and Stewart Lena T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,200
Interest Rate
7.21%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 21, 2000
Sold by
Avila Michael L
Bought by
Pham Doan H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,400
Interest Rate
8.67%
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
Valentine Scott R $203,000 Chicago Title Company
Helmer Ethan $405,000 Ticor Title Of Wa Inc
Semingson Lynn $350,000 Pnwt
Hurt Paul M $285,000 Lawyers Title
Stewart William L $190,797 First American Title Ins Co
Pham Doan H $181,490 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valentine Scott R $152,250
Previous Owner Helmer Ethan $324,000
Previous Owner Semingson Lynn $262,500
Previous Owner Hurt Paul M $228,000
Previous Owner Stewart William L $131,200
Previous Owner Pham Doan H $140,400
Closed Hurt Paul M $57,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2013 05/22/13 Sold $203,000 +50.4% $74 / Sq Ft
12/21/2012 12/21/12 Pending -- -- --
06/10/2012 06/10/12 For Sale $135,000 -- $49 / 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 $7,282 $743,200 $248,700 $494,500
2024 $7,282 $730,100 $240,300 $489,800
2023 $7,282 $654,600 $229,900 $424,700
2022 $6,681 $659,900 $224,000 $435,900
2021 $6,058 $482,300 $140,800 $341,500
2019 $4,444 $405,300 $115,200 $290,100
2018 $4,703 $342,000 $100,300 $241,700
2017 $3,905 $297,800 $68,800 $229,000
2016 $3,498 $218,100 $47,600 $170,500
2014 $3,213 $201,200 $45,400 $155,800
2013 $3,213 $182,000 $45,400 $136,600
Source: Public Records

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 367863

Northwest Multiple Listing Service (NWMLS)

APN: 655100-0200