Listed by Keller Williams Realty PS, Bought with Keller Williams Realty PS
NOT LISTED FOR SALE

502 128th St S Unit 506 Tacoma, WA 98444

Estimated Value: $542,000 - $591,000

4 Beds
2 Baths
1,890 Sq Ft
$294/Sq Ft Est. Value

Last Sold October 16, 2024

Last sale price $532,500 $282 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,398/month

4 Days on Market

Highlights

  • RV Access or Parking
  • Patio
  • Partially Fenced Property
  • No HOA
  • Forced Air Heating System
  • Wall to Wall Carpet

About This Home

As of October 2024

Your next investment opportunity is here! Great location within 5 minutes walking distance to PLU campus. This duplex is perfect for the first time investor, adding to your portfolio, or a house hack opportunity to live on one side, and rent out the other! Situated on over a 1⁄4 acre flat lot; each side features 2 beds, 1 bath, with full kitchens, W/D hookups, and back patios with spacious yards. Updates include exterior paint and new roof! Each side has its own one car garage, plus ample driveway, and street parking. Ideally located minutes from 512, Pacific Hwy, JBLM, PLU, shopping, dining, and a quick commute to Puyallup and Spanaway. Great wealth building opportunity- don’t miss it! Home is occupied - PLEASE don’t disturb the tenants.

Last Agent to Sell the Property

Denise Christofferson

Keller Williams Realty PS License #26884 Listed on: 09/12/2024

Keller Williams Realty PS

Last Buyer's Agent

Judy Badeaux

Keller Williams Realty PS License #136610

Keller Williams Realty PS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2288412

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,486

Year Built

  • Built in 1979

Lot Details

  • 0.28 Acre Lot
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,890 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces
  • Open Parking
  • RV Access or Parking

Schools

  • Brookdale Elementary School
  • Perry G Keithley Mid Middle School
  • Wash High School

Additional Features

  • Patio
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Parkland Townsite Condos
  • Parkland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6762001122

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,486

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1979
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Parkland Townsite
  • New Construction: No
  • CalculatedSquareFootage: 1890
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: Tacoma Public Utilites
  • SewerCompany: Pierce County Sewer
  • WaterCompany: Parkland Light & Water

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Franklin Pierce
  • High School: Wash High
  • Middle Or Junior School: Perry G Keithley Mid

Lot Info

  • Parcel Number: 6762001122
  • Lot Size Acres: 0.2755
  • Lot Size Sq Ft: 12000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Patio,RV Parking
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: County
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 14.72
  • LeasedItems: None
  • TotalMonthlyIncome: 3000

Tax Info

  • Year: 2024
  • Tax Annual Amount: 5486

Multi Family

  • Number Of Units Total: 2
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Brookdale Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2024
Closed on
Oct 14, 2024
Sold by
J V Kitchen Properties Llc
Bought by
Belaski Ryan and Belaski Jeannette
Seller's Agent
Denise Christofferson
Keller Williams Realty PS
Buyer's Agent
Judy Badeaux
Keller Williams Realty PS
List Price
$530,000
Sold Price
$532,500
Premium/Discount to List
$2,500
0.47%
Views
8
Current Estimated Value
$556,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,831
Avg. Annual Appreciation
4.48%
Original Mortgage
$399,375
Outstanding Balance
$395,176
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$161,155

Purchase Details

Closed on
Apr 7, 2016
Sold by
Kitchen James V and Kitchen Kari L
Bought by
Jv Kitchen Properties Llc

Purchase Details

Closed on
Feb 1, 2002
Sold by
Barlow James C
Bought by
Kitchen James and Kitchen Kari L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
7.15%
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
Belaski Ryan $532,500 Wfg National Title
Jv Kitchen Properties Llc -- None Available
Kitchen James $168,692 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belaski Ryan $399,375
Previous Owner Kitchen James $130,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2024 10/16/24 Sold $532,500 +0.5% $282 / Sq Ft
09/16/2024 09/16/24 Pending -- -- --
09/12/2024 09/12/24 For Sale $530,000 -- $280 / 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 $5,486 $523,300 $215,900 $307,400
2024 $5,486 $510,400 $195,000 $315,400
2023 $5,486 $472,000 $176,800 $295,200
2022 $4,977 $496,900 $176,800 $320,100
2021 $4,480 $334,600 $102,500 $232,100
2019 $3,551 $285,200 $86,900 $198,300
2018 $3,954 $273,700 $77,900 $195,800
2017 $3,684 $231,800 $65,300 $166,500
2016 $3,550 $216,600 $49,800 $166,800
2014 $2,984 $188,300 $48,800 $139,500
2013 $2,984 $161,800 $42,700 $119,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2288412

Northwest Multiple Listing Service (NWMLS)

APN: 676200-1122