Seller's Agent in 2024
Charles Burnett
Real Broker LLC
(206) 926-3701
2 in this area
62 Total Sales
Listed by Real Broker LLC, Bought with Windermere Real Estate Co.
516 N K St Unit A-C Tacoma, WA 98403
North Tacoma Neighborhood
--
Bed
--
Bath
2,412
Sq Ft
3,250
Sq Ft Lot
Highlights
- Territorial View
- Engineered Wood Flooring
- Wood Siding
- Lowell Elementary School Rated A-
- No HOA
About This Home
As of November 2024Solid Triplex located in the highly desirable North Slope neighborhood. House in the front, duplex in the back. House is 650 SF, 1 bed / 1 bath with basement; Duplex units are both 750 SF, 2 bed / 1 bath; all have individual washer/dryers. Roofs have been recently replaced; interiors have been updated. This turn-key property is an excellent investment opportunity @7% Market Cap Rate, or perfect for owner-occupant/ house hack. House tenant is month-to-month, duplex units leased through March 2025. Great location; close to everything.
Last Agent to Sell the Property
Real Broker LLC License #50261 Listed on: 09/27/2024
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2295976
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,589
Year Built
- Built in 1933
Home Design
- Triplex
- Poured Concrete
- Composition Roof
- Wood Siding
Interior Spaces
- 2,412 Sq Ft Home
- 2-Story Property
- Territorial Views
Flooring
- Engineered Wood
- Wall to Wall Carpet
- Vinyl
Additional Features
- 3,250 Sq Ft Lot
- Heating System Mounted To A Wall or Window
Community Details
- No Home Owners Association
- North Tacoma Subdivision
Listing and Financial Details
- Assessor Parcel Number 2035220040
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 27, 2024
Closed on
Nov 21, 2024
Sold by
Eriksson Gunilla L
Bought by
516 N K St Llc
Seller's Agent
Charles Burnett
Real Broker LLC
Buyer's Agent
Sharlane Chase
Windermere Real Estate Co.
List Price
$711,000
Sold Price
$671,000
Premium/Discount to List
-$40,000
-5.63%
Views
2
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,943
Avg. Annual Appreciation
0.34%
Original Mortgage
$495,750
Outstanding Balance
$490,998
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$181,945
Purchase Details
Closed on
Jul 19, 2018
Sold by
Mclees Steven Hunter and Mclees Kelley
Bought by
Eriksson Gunilla L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 23, 2017
Sold by
Hubbard Emily
Bought by
Hubbard Ross
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,250
Interest Rate
3.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 30, 2017
Sold by
Mclees Kelley and Mclees Steven Hunter
Bought by
Mclees Steven Hunter
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,350
Interest Rate
3.96%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 24, 2017
Sold by
Franklin Mary J
Bought by
Mclees Steven Hunter
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,350
Interest Rate
3.96%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 3, 2013
Sold by
Bean Lawrence and Bean Songcha
Bought by
Franklin Mary J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
3.37%
Mortgage Type
VA
Purchase Details
Closed on
Jun 25, 2012
Sold by
Udall William N and Udall Debra
Bought by
Bean Lawrence
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.74%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Nov 4, 2000
Sold by
Ball Donald T
Bought by
Udall William N
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $661,000 | Fidelity National Title | |
| Warranty Deed | $424,719 | First American Title Insuran | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | Ticor Title | |
| Warranty Deed | $299,719 | Ticor Title | |
| Warranty Deed | $195,000 | Rainier Title Llc | |
| Warranty Deed | $140,000 | Old Republic Title Ltd | |
| Trustee Deed | $109,230 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $495,750 | New Conventional | |
| Previous Owner | $297,500 | New Conventional | |
| Previous Owner | $266,250 | New Conventional | |
| Previous Owner | $355,350 | Commercial | |
| Previous Owner | $195,000 | VA | |
| Previous Owner | $120,000 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/22/2024 11/22/24 | Sold | $671,000 | -5.6% | $278 / Sq Ft |
| 10/01/2024 10/01/24 | Pending | -- | -- | -- |
| 09/27/2024 09/27/24 | For Sale | $711,000 | -- | $295 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $6,589 | $654,100 | $313,300 | $340,800 |
| 2024 | $6,589 | $642,500 | $294,100 | $348,400 |
| 2023 | $6,589 | $592,200 | $262,200 | $330,000 |
| 2022 | $5,855 | $606,300 | $293,800 | $312,500 |
| 2021 | $5,735 | $456,500 | $194,600 | $261,900 |
| 2019 | $5,040 | $421,400 | $161,600 | $259,800 |
| 2018 | $2,598 | $388,000 | $143,200 | $244,800 |
| 2017 | $2,749 | $329,100 | $121,200 | $207,900 |
| 2016 | $2,615 | $263,700 | $83,600 | $180,100 |
| 2014 | $3,432 | $236,100 | $78,200 | $157,900 |
| 2013 | $3,432 | $217,000 | $66,000 | $151,000 |
Source: Public Records
Agents Affiliated with this Home
-
Charles Burnett
-
Sharlane Chase
Buyer's Agent in 2024
Sharlane Chase
Windermere Corporate
(206) 291-8694
3 in this area
101 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2295976
APN: 203522-0040
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Based on information submitted to the MLS GRID
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