Listed by Coldwell Banker Bain, Bought with Lynch Home Team
NOT LISTED FOR SALE

5110 Green Hills Ave NE Unit 12 Tacoma, WA 98422

Northeast Tacoma Neighborhood

Estimated Value: $637,000 - $836,000

4 Beds
3 Baths
2,314 Sq Ft
$313/Sq Ft Est. Value

Last Sold March 03, 2016

Last sale price $290,000 $125 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $4,404/month

3 Days on Market

Highlights

  • Patio
  • Partially Fenced Property
  • Wall to Wall Carpet
  • Browns Point Elementary School Rated A-
  • Wood Siding

About This Home

As of March 2016

Seeking a sensible investment property with solid tenant history? Here's a straightforward income-producing duplex in a great location near Browns Point Elementary. Each 2 bed/1.5 ba unit has 1157 sf, attached garage with driveway, separate yard, own laundry, FP, good closets/storage, all in a functional 2-story layout. Good draw for commuters as well as those in immediate neighborhood. Rent it, live in it, spruce it, or collect income from afar - many options! Location increases versatility.

Last Agent to Sell the Property

Paula Price

Coldwell Banker Bain License #109332 Listed on: 01/07/2016

Coldwell Banker Bain

Last Buyer's Agent

Stephanie Lynch

Lynch Home Team License #24378

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 882938

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,708

Year Built

  • Built in 1985

Lot Details

  • 7,500 Sq Ft Lot
  • Partially Fenced Property
  • Property is in average condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,314 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

  • Browns Point Elementary School
  • Meeker Middle School

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • Browns Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 751500-014-2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,708

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1985
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2314
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

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

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • WaterSewerGarbage: 0

Schools

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

Lot Info

  • Parcel Number: 751500-014-2
  • Lot Size Acres: 0.1722
  • Lot Size: 7500
  • Lot Size Sq Ft: 7500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Patio
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2000

Multi Family

  • Gross Scheduled Income: 24000
  • Number Of Units Total: 6
  • Insurance Expense: 800
  • Leasable Area: 2314
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2015
  • Tax Annual Amount: 3708

MLS Schools

  • Elementary School: Browns Point

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2016
Closed on
Feb 23, 2016
Sold by
Bentley Paul
Bought by
Moser Richard J and Moser Allison Newlon
Seller's Agent
Paula Price
Coldwell Banker Bain
Buyer's Agent
Stephanie Lynch
Lynch Home Team
List Price
$289,000
Sold Price
$290,000
Premium/Discount to List
$1,000
0.35%
Current Estimated Value
$724,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$434,237
Avg. Annual Appreciation
9.98%
Original Mortgage
$213,750
Outstanding Balance
$169,619
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$554,618

Purchase Details

Closed on
Apr 21, 1994
Sold by
Bentley Eleanor H
Bought by
Bentley Paul A
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
Moser Richard J $289,719 Fidelity National Title
Bentley Paul A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moser Richard J $213,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2016 03/03/16 Sold $290,000 +0.3% $125 / Sq Ft
01/17/2016 01/17/16 Pending -- -- --
01/13/2016 01/13/16 For Sale $289,000 -- $125 / 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 $6,779 $598,300 $241,400 $356,900
2024 $6,779 $641,200 $217,000 $424,200
2023 $6,779 $609,300 $217,000 $392,300
2022 $6,070 $602,800 $234,800 $368,000
2021 $5,430 $432,200 $157,000 $275,200
2019 $4,374 $370,700 $131,700 $239,000
2018 $4,528 $336,600 $123,400 $213,200
2017 $4,179 $286,700 $114,600 $172,100
2016 $3,708 $244,600 $86,400 $158,200
2014 $3,356 $213,300 $77,500 $135,800
2013 $3,356 $196,400 $69,200 $127,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 882938

Northwest Multiple Listing Service (NWMLS)

APN: 751500-0142