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

Estimated Value: $961,437

4 Beds
4 Baths
2,944 Sq Ft
$327/Sq Ft Est. Value

Last Sold July 10, 2023

Last sale price $925,000 $314 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,135/month

54 Days on Market

Highlights

  • City View
  • 0.21 Acre Lot
  • Bamboo Flooring
  • Stadium High School Rated A-
  • Deck
  • 4-minute walk to Wright Park

About This Home

As of July 2023

Welcome to your new investment property - a remarkable 4-unit multi-family home adjacent to Wright Park in the desirable Stadium District! Enjoy stunning views of Mt. Rainier, a spacious side yard, and additional garage storage. Zoned Downtown Residential for mid-rise, higher density, urban residential development, together with places of employment and retail services. The preferred use of the DR District is residential. Retail, office, and educational uses are also allowed. Whether you want to leave as is, rebuild, or use it as an Airbnb, this property offers endless investment opportunities in one of Tacoma's most coveted neighborhoods. Don't miss out on this amazing opportunity - schedule a tour today!

Last Agent to Sell the Property

Christopher John

Keller Williams Realty PS License #24876 Listed on: 04/14/2023

Keller Williams Realty PS

Co-Listed By

Carol Miller

Keller Williams Realty PS License #90996

Last Buyer's Agent

James Gardiner

Best Choice Realty LLC License #123177

Best Choice Realty LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2047578

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,034

Year Built

  • Built in 1904

Lot Details

  • 9,000 Sq Ft Lot
  • Lot Dimensions are 120'x75'
  • Property is Fully Fenced
  • Value in Land
  • Property is in good condition

Property Views

  • City
  • Mountain

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 2,944 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Bamboo
  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Parking

  • 5 Parking Spaces
  • 5 Covered Spaces

Outdoor Features

  • Deck
  • Patio
  • Gazebo
  • Outbuilding

Schools

  • Mccarver Elementary School
  • Hilltop Heritage Middle School
  • Stadium High School

Utilities

  • Forced Air Heating System
  • High Efficiency Heating System
  • Baseboard Heating
  • Heating System Mounted To A Wall or Window
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Stadium District Subdivision

Listing and Financial Details

  • Legal Lot and Block 6, 7 & 8 / 513
  • Assessor Parcel Number 200513-003-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,034

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1904
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2944
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 407

Interior Features

  • Possible Use: Commercial, Multi-Family, Office, Residential, Retail, See Remarks
  • Fireplace: No
  • Flooring: Bamboo/Cork, Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Wall to Wall Carpet, Bamboo/Cork
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,Coin Op Laundry,Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: City, Mountain(s), See Remarks
  • Lot Features: Alley, Curbs, Paved, Sidewalk, Value In Land
  • View: Yes
  • Waterfront: No
  • Exterior Features: Stone, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 5
  • Open Parking: No
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: 90%+ High Efficiency, Baseboard, Forced Air, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: TPU
  • SewerCompany: City of Tacoma
  • WaterCompany: TPU
  • CableConnected: xfinity
  • InternetConnected: xfinity
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Tacoma
  • High School: Stadium
  • Middle Or Junior School: Hilltop Heritage Middle

Lot Info

  • Parcel Number: 200513-003-0
  • Lot Size Acres: 0.2066
  • Lot Size: 120'x75'
  • Lot Size Sq Ft: 9000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cabana/Gazebo,Cable TV,Deck,Fenced-Fully,High Speed Internet,Outbuildings,Patio,Shop
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Commercial,Multi-Family,Office,Residential,Retail,See Remarks
  • LotNumber: 6, 7 & 8

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

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

Tax Info

  • Year: 2023
  • Tax Annual Amount: 10034

Multi Family

  • Number Of Units Total: 4
  • Leasable Area: 2546
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

MLS Schools

  • Elementary School: Mccarver

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2013
Sold by
Larson Anthony D
Bought by
Malakowsky Sandra Lee
Current Estimated Value
$961,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Outstanding Balance
$160,075
Interest Rate
3.98%
Mortgage Type
Commercial
Estimated Equity
$799,149

Purchase Details

Closed on
Mar 7, 2008
Sold by
Larson Anthony D
Bought by
Larson Anthony D and Malakowsky Sandra L

Purchase Details

Closed on
Jul 31, 2001
Sold by
Caraher Kathleen Adella
Bought by
Larson Anthony D

Purchase Details

Closed on
Jul 9, 1999
Sold by
Reynolds Arthur Waid
Bought by
Reynolds Arthur D and Reynolds Iris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
7.24%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 6, 1999
Sold by
Reynolds Arthur D
Bought by
Larson Anthony D and Caraher Kathleen Adella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
7.24%
Mortgage Type
Commercial
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
Malakowsky Sandra Lee $144,811 Old Republic Title Ltd
Larson Anthony D -- None Available
Larson Anthony D -- --
Reynolds Arthur D -- --
Larson Anthony D $180,326 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malakowsky Sandra Lee $217,500
Previous Owner Larson Anthony D $124,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2023 07/10/23 Sold $925,000 -19.6% $314 / Sq Ft
06/07/2023 06/07/23 Pending -- -- --
04/14/2023 04/14/23 For Sale $1,150,000 -- $391 / 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 $10,756 $967,500 $966,500 $1,000
2024 $10,756 $967,500 $966,500 $1,000
2023 $10,756 $967,500 $966,500 $1,000
2022 $10,260 $967,500 $966,500 $1,000
2021 $11,242 $895,900 $894,900 $1,000
2019 $9,396 $832,300 $832,200 $100
2018 $5,072 $724,100 $724,000 $100
2017 $4,702 $321,200 $247,200 $74,000
2016 $4,612 $265,400 $247,200 $18,200
2014 $6,171 $265,400 $247,200 $18,200
2013 $6,171 $285,000 $266,400 $18,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2047578

Northwest Multiple Listing Service (NWMLS)

APN: 200513-0030