Listed by Morrison House Sotheby's Intl, Bought with Keller Williams Rlty Bellevue
NOT LISTED FOR SALE

Estimated Value: $875,000 - $947,000

9 Beds
8 Baths
3,744 Sq Ft
$245/Sq Ft Est. Value

Last Sold July 20, 2016

Last sale price $432,500 $116 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $5,770/month

168 Days on Market

About This Home

As of July 2016

Terrific newer build triplex (2008) at 50th and Tyler Privacy yet close to everything makes this the ultimate choice for renters and is 100% occupied. Close to 56th St Corridor and takes you to i-5 and out to Chambers Bay/University Place area, Hwy 16 and all services. Each townhome style unit is about 1,258 sq feet, 3 bedrooms and 2.5 bathrooms, deck, garage. Newer construction makes for an easy rental property or owner occupant! Location and Quality add value.

Last Agent to Sell the Property

Michael Morrison

Morrison House Sotheby's Intl License #50025 Listed on: 12/02/2015

Last Buyer's Agent

Kristy Lucas

Keller Williams Rlty Bellevue License #120707

Keller Williams Rlty Bellevue

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 874104

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,313

Year Built

  • Built in 2008

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 105x174
  • Street terminates at a dead end

Home Design

  • Triplex
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 3,744 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Parking

  • 3 Parking Spaces
  • 3 Covered Spaces

Community Details

  • Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0220246019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,313

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 2008
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3744
  • EffectiveYearBuiltSource: See Remarks
  • SOCComments: May differ
  • Special Features: None
  • Cumulative Days on Market: 440

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Dead End Street, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Open Parking: No
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: TPU
  • WaterSewerGarbage: 5000

Schools

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

Lot Info

  • Parcel Number: 0220246019
  • Lot Size Acres: 0.41
  • Lot Size: 105x174
  • Lot Size Sq Ft: 17860
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 3600

Tax Info

  • Year: 2015
  • Tax Annual Amount: 6313

Multi Family

  • Number Of Units Total: 3
  • Leasable Area: 3744
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 100

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2019
Sold by
Pareek Shalini
Bought by
Pandia Kaushal
Current Estimated Value
$901,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2019
Sold by
Burkhart Ken
Bought by
Narayanaswamy Rajeeva and Prasad Pendem B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 2, 2015
Closed on
Jul 12, 2016
Sold by
Tyler Condominium Llc
Bought by
An Ken Burkhart
Seller's Agent
Michael Morrison
Morrison House Sotheby's Intl
Buyer's Agent
Kristy Lucas
Keller Williams Rlty Bellevue
List Price
$449,000
Sold Price
$432,500
Premium/Discount to List
-$16,500
-3.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.39%
Original Mortgage
$424,665
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
May 14, 2009
Sold by
Meade Bryan
Bought by
Tyler Condominium Llc

Purchase Details

Closed on
May 7, 2007
Sold by
High Country Homes Inc
Bought by
Meade Bryan

Purchase Details

Closed on
Jan 29, 2004
Sold by
Sanderson Michael L
Bought by
High Country Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,800
Interest Rate
5.79%
Mortgage Type
Construction
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
Pandia Kaushal -- Cw Title
Prasad Pendem B -- Cw Title
Narayanaswamy Rajeeva -- Cw Title
Narayanaswamy Rajeeva $575,000 Cw Title
An Ken Burkhart $432,219 Attorneys Title
Tyler Condominium Llc -- Fatco
Meade Bryan $115,000 Fidelity Natl Title Ins Co
High Country Homes Inc $65,000 Ticor Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Narayanaswamy Rajeeva $455,000
Closed Narayanaswamy Rajeeva $457,500
Closed Pandia Kaushal $495,548
Previous Owner An Ken Burkhart $424,665
Previous Owner Meade Bryan W $408,000
Previous Owner High Country Homes Inc $268,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2016 07/20/16 Sold $432,500 -3.7% $116 / Sq Ft
05/19/2016 05/19/16 Pending -- -- --
12/02/2015 12/02/15 For Sale $449,000 -- $120 / 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 $9,516 $1,013,900 $245,200 $768,700
2024 $9,516 $932,600 $237,000 $695,600
2023 $9,516 $855,700 $226,700 $629,000
2022 $8,694 $864,100 $227,800 $636,300
2021 $7,700 $613,300 $125,000 $488,300
2019 $6,916 $572,500 $100,600 $471,900
2018 $7,241 $532,700 $87,900 $444,800
2017 $6,510 $458,800 $68,100 $390,700
2016 $5,306 $355,900 $48,400 $307,500
2014 $5,034 $305,400 $46,900 $258,500
2013 $5,034 $254,500 $43,900 $210,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 874104

Northwest Multiple Listing Service (NWMLS)

APN: 022024-6019