Listed by Emerald Real Estate Group Inc., Bought with 1 Percent Lists Tacoma
NOT LISTED FOR SALE

5020 S Tyler St Tacoma, WA 98409

South Tacoma Neighborhood

Estimated Value: $637,000 - $798,748

6 Beds
5 Baths
2,478 Sq Ft
$296/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $520,000 $210 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,403/month

2 Days on Market

Highlights

  • Mountain View
  • Tankless Water Heater
  • Vinyl Flooring
  • Thermal Windows
  • High Speed Internet
  • 1-Story Property

About This Home

As of February 2020

Timing is everything. Single level triplex with all units recently refurbished. New: paint interior, laminate flooring, bath fixtures, light fixtures, double-pane windows, wall heat, bath fans, appliances. All are 2 bedroom, 1-1/2 bath with the 1/2 bath in the master bedroom. Kitchens have range, refrigerator and dishwasher. W/D and custom counter-top in the utility rooms. Electric tankless hot water. New electric panels. Covered parking and patios out back. All units have Mt. Rainier views.

Last Agent to Sell the Property

Felix Johnson

Emerald Real Estate Group Inc. License #119040 Listed on: 01/07/2020

Co-Listed By

Mike Stover

Emerald Real Estate Group Inc. License #100288

Last Buyer's Agent

Chad Nolan

1 Percent Lists Tacoma License #22007986

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1550297

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,138

Year Built

  • Built in 1976

Lot Details

  • 10,454 Sq Ft Lot
  • Property is in good condition

Parking

  • 3 Parking Spaces

Property Views

  • Mountain
  • Limited

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,478 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Vinyl Flooring

Utilities

  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Oakland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 022024-6-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,138

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1976
  • Buyer Agency Compensation: 2.0
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2478
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: Call with Questions
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Vinyl
  • Interior Amenities: Tankless Water Heater
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Partial
  • Lot Features: Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Triplex

Garage/Parking

  • Carport Spaces: 3
  • Carport Y N: No
  • Open Parking: No
  • Total Parking Spaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: Tacoma Public Utilities
  • SewerCompany: Tacoma Public Utilities
  • WaterCompany: Tacoma Public Utilities

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Tacoma
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 022024-6-008
  • Lot Size Acres: 0.24
  • Lot Size Sq Ft: 10454
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 3975

Tax Info

  • Year: 2019
  • Tax Annual Amount: 4138

Multi Family

  • Number Of Units Total: 3
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2020
Closed on
Feb 20, 2020
Sold by
Johnson Felix A
Bought by
Hoang Emily
Seller's Agent
Felix Johnson
Emerald Real Estate Group Inc.
Buyer's Agent
Chad Nolan
1 Percent Lists Tacoma
List Price
$520,000
Sold Price
$520,000
Current Estimated Value
$734,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,437
Avg. Annual Appreciation
6.28%
Original Mortgage
$374,000
Outstanding Balance
$331,151
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$403,286

Purchase Details

Closed on
Feb 21, 2017
Sold by
Grinnell Kyle Timothy
Bought by
Johnson Felix A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2004
Sold by
Grinnell Heidi H
Bought by
Grinnell Kyle Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,400
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 2002
Sold by
Duschel Bruce H
Bought by
Pham Duc T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
6.75%

Purchase Details

Closed on
Jan 6, 1999
Sold by
Barrett Christopher J
Bought by
Duschel Bruce H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.66%

Purchase Details

Closed on
Apr 9, 1997
Sold by
Hensler Glenn
Bought by
Barrett Christopher J and Barrett Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
8.25%
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
Hoang Emily $520,000 Attorneys Title
Johnson Felix A $359,719 Chicago Title
Grinnell Kyle Timothy -- Ticor
Grinnell Kyle Timothy $208,000 Ticor Title Company
Pham Duc T $152,000 Transnation Title Insurance
Duschel Bruce H $139,607 Commonwealth Title Co
Barrett Christopher J $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoang Emily $374,000
Previous Owner Johnson Felix A $342,000
Previous Owner Grinnell Kyle Timothy $166,400
Previous Owner Pham Duc T $136,800
Previous Owner Duschel Bruce H $96,000
Previous Owner Barrett Christopher J $84,000
Closed Grinnell Kyle Timothy $41,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2020 02/28/20 Sold $520,000 0.0% $210 / Sq Ft
01/09/2020 01/09/20 Pending -- -- --
01/07/2020 01/07/20 For Sale $520,000 -- $210 / 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 $6,613 $695,900 $231,300 $464,600
2024 $6,613 $646,800 $223,500 $423,300
2023 $6,613 $594,300 $213,800 $380,500
2022 $5,875 $596,700 $210,300 $386,400
2021 $5,211 $414,700 $115,400 $299,300
2019 $4,138 $344,000 $92,900 $251,100
2018 $4,186 $318,400 $81,200 $237,200
2017 $3,734 $265,000 $61,500 $203,500
2016 $3,081 $203,800 $43,700 $160,100
2014 $2,959 $177,200 $42,400 $134,800
2013 $2,959 $149,600 $39,600 $110,000
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2020

    Felix Johnson

    Emerald Real Estate Group Inc.

    (206) 920-9053

    2 Total Sales

    Felix Johnson
    Section Image
  • Mike Stover

    Seller Co-Listing Agent in 2020

    Mike Stover

    Emerald Real Estate Group Inc.

    (253) 260-5604

    1 in this area

    110 Total Sales

    Mike Stover
    Section Image
  • Chad Nolan

    Buyer's Agent in 2020

    Chad Nolan

    1 Percent Lists Tacoma

    (253) 459-0235

    2 in this area

    118 Total Sales

    Chad Nolan
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1550297

Northwest Multiple Listing Service (NWMLS)

APN: 022024-6008

Washington Pierce County Tacoma 98409 South Tacoma

5020 S Tyler St, Tacoma, WA

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Based on information submitted to the MLS GRID

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