Listed by Keller Williams Rty Tacoma, Bought with Realogics Sotheby's Int'l Rlty
NOT LISTED FOR SALE

5120 9th Ave NE Unit 5122 Tacoma, WA 98422

Estimated Value: $697,000 - $941,000

4 Beds
3 Baths
2,506 Sq Ft
$321/Sq Ft Est. Value

Last Sold October 21, 2015

Last sale price $350,000 $140 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $4,956/month

79 Days on Market

About This Home

As of October 2015

Great opportunity to own your own duplex in very popular NE Tacoma! "The Point" is a great location, within walking distance to shopping. Each unit has 1253 approx sq.ft. of living space, 2 bedrooms, 1.5 bathrooms, and each has their own 2 car garage.

Last Agent to Sell the Property

Guy Rowley

Keller Williams Rty Tacoma License #23862 Listed on: 06/30/2015

Keller Williams Rty Tacoma

Last Buyer's Agent

Lori DeVore

Realogics Sotheby's Int'l Rlty License #27869

Realogics Sotheby's Int'l Rlty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 811622

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,853

Year Built

  • Built in 1988

Lot Details

  • 0.4 Acre Lot
  • Street terminates at a dead end

Home Design

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

Interior Spaces

  • 2,506 Sq Ft Home
  • 2-Story Property

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces

Community Details

  • Ne Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0321167031

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,853

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1988
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2506
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Concrete Ribbon
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking: No
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: TPU
  • WaterCompany: TPU
  • WaterSewerGarbage: 3250

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 0321167031
  • Lot Size Acres: 0.4
  • Lot Size Sq Ft: 17424
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: County Records
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Multi Family

  • Gross Scheduled Income: 30000
  • Net Operating Income: 16379
  • Number Of Units Total: 2
  • Electric Expense: 3000
  • Insurance Expense: 1018
  • Leasable Area: 2506
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2015
  • Tax Annual Amount: 4853

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 13, 2020
Sold by
Barndt Layne A and Barnat Kim L
Bought by
Barndt Taylor J and Barndt Kaylee S
Current Estimated Value
$803,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Outstanding Balance
$420,970
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$399,450

Purchase Details

Listed on
Jun 30, 2015
Closed on
Oct 22, 2015
Sold by
Graham Jerry Dee
Bought by
Barndt Layne A and Barndt Kim L
Seller's Agent
Guy Rowley
Keller Williams Rty Tacoma
Buyer's Agent
Lori DeVore
Realogics Sotheby's Int'l Rlty
List Price
$369,900
Sold Price
$350,000
Premium/Discount to List
-$19,900
-5.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.99%
Original Mortgage
$262,500
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2014
Sold by
Saasen Reidulf Duane and Saasen Donna
Bought by
5120-5122 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,500
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2013
Sold by
Saasen Donna M and Duane Saasen R
Bought by
5120 5122 Llc

Purchase Details

Closed on
May 27, 2010
Sold by
Saasen R Duane and Saasen Donna
Bought by
Saasen R Duane and Saasen Donna

Purchase Details

Closed on
Dec 6, 2004
Sold by
Oguz Ilhan
Bought by
Saasen R Duane and Saasen Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Barndt Taylor J $590,000 Ticor Title
Barndt Layne A $349,719 Stewart Title Company
5120-5122 Llc -- None Available
Saasen Reidulf Duane -- None Available
5120 5122 Llc -- None Available
Saasen R Duane -- None Available
Saasen R Duane $325,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barndt Taylor J $472,000
Previous Owner Barndt Layne A $302,400
Previous Owner Barndt Layne A $262,500
Previous Owner Saasen Reidulf Duane $324,500
Previous Owner Saasen R Duane $322,000
Previous Owner Saasen R Duane $56,930
Previous Owner Saasen R Duane $243,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2015 10/21/15 Sold $350,000 -5.4% $140 / Sq Ft
09/18/2015 09/18/15 Pending -- -- --
06/30/2015 06/30/15 For Sale $369,900 -- $148 / 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 $8,107 $811,100 $317,300 $493,800
2024 $8,107 $781,400 $273,100 $508,300
2023 $8,107 $675,300 $260,800 $414,500
2022 $6,983 $663,800 $260,800 $403,000
2021 $6,774 $500,400 $177,500 $322,900
2019 $6,020 $453,900 $167,900 $286,000
2018 $5,498 $441,900 $163,600 $278,300
2017 $5,124 $336,700 $139,500 $197,200
2016 $4,853 $267,800 $98,800 $169,000
2014 $4,043 $272,300 $98,800 $173,500
2013 $4,043 $255,900 $90,700 $165,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 811622

Northwest Multiple Listing Service (NWMLS)

APN: 032116-7031