Listed by Kelly Right RE of Seattle LLC, Bought with Better Properties UP/Fircrest
NOT LISTED FOR SALE

Estimated Value: $499,000 - $512,000

4 Beds
3 Baths
1,867 Sq Ft
$272/Sq Ft Est. Value

Last Sold June 12, 2020

Last sale price $347,000 $186 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,187/month

2 Days on Market

Highlights

  • RV Access or Parking
  • Territorial View
  • High Speed Internet
  • Deck
  • Patio
  • Property is Fully Fenced

About This Home

As of June 2020

Terrific Tri-Plex: Updated and Well Cared for in a, Values-Trending-Upward, Neighborhood. Koi pond and Huge covered front porch for rocking chair, swing, & BBQ. (Unit A) Large 2 Bedroom/1 Bath on Main Level w/Generous Kitchen and Full Laundry. Upper level (Unit B) is a 1 Bedroom/1 Bath w/ Full Kitchen. Detached Cottage (Unit C) has 1 Bedroom/1 Bath, Full Kitchen, walk-in-closet w/ stackable Washer/Dryer, sits on the back of the property. 2 dedicated Parking spaces & Ample Street Parking.

Last Agent to Sell the Property

Elliott Madlung

Kelly Right RE of Seattle LLC License #94559 Listed on: 05/11/2020

Kelly Right RE of Seattle LLC

Last Buyer's Agent

Donald Shane

Better Properties UP/Fircrest License #112609

Better Properties UP/Fircrest

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1599724

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,194

Year Built

  • Built in 1924

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 50 x 120 x 50 x 120
  • Property is Fully Fenced
  • Property is in good condition

Home Design

  • Triplex
  • Pillar, Post or Pier Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,867 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Se Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5115001600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,194

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1924
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1867
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 346

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Post & Pillar, Poured Concrete
  • Property Condition: Good
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • WaterSewerGarbage: 800

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Fee Information

  • Annual Fuel Expense: 600

Schools

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

Lot Info

  • Parcel Number: 5115001600
  • Lot Size Acres: 0.1377
  • Lot Size: 50 x 120 x 50 x 120
  • Lot Size Sq Ft: 6000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,High Speed Internet,Patio,RV Parking
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,See Remarks

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 2200

Multi Family

  • Gross Scheduled Income: 26400
  • Net Operating Income: 15606
  • Number Of Units Total: 3
  • Electric Expense: 3000
  • Insurance Expense: 600
  • Leasable Area: 1867
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 4194

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2020
Closed on
Jun 9, 2020
Sold by
Boyd Dustin J and Boyd Lesley A
Bought by
Funkhouser Kizzie
Seller's Agent
Elliott Madlung
Kelly Right RE of Seattle LLC
Buyer's Agent
Donald Shane
Better Properties UP/Fircrest
List Price
$345,000
Sold Price
$347,000
Premium/Discount to List
$2,000
0.58%
Current Estimated Value
$504,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,415
Avg. Annual Appreciation
7.36%
Original Mortgage
$260,250
Outstanding Balance
$231,708
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$269,470

Purchase Details

Listed on
May 28, 2014
Closed on
Jul 17, 2014
Sold by
Pierce Carrie B
Bought by
Boyd Dustin J and Boyd Lesley A
Seller's Agent
Nathaly Burnett
RE/MAX Sound Properties
Buyer's Agent
Elliott Madlung
Kelly Right RE of Seattle LLC
List Price
$180,000
Sold Price
$178,000
Premium/Discount to List
-$2,000
-1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.02%
Original Mortgage
$174,775
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 3, 2006
Sold by
Wilson Thomas
Bought by
Pierce Carrie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,990
Interest Rate
6.18%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 6, 2004
Sold by
Hud
Bought by
Wilson Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,060
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2004
Sold by
Smith Christine M
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Aug 27, 2002
Sold by
Mendoza Alfred D
Bought by
Smith Christine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,605
Interest Rate
6.29%
Mortgage Type
FHA
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
Funkhouser Kizzie $347,000 Fatco
Boyd Dustin J $177,719 Fidelity National Title Comp
Pierce Carrie B $244,950 Pnwt
Wilson Thomas -- First American Title Ins Co
Countrywide Home Loans Inc $169,406 Landsafe Title Of Washington
Hud -- 1St Am
Smith Christine M $155,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Funkhouser Kizzie $260,250
Previous Owner Boyd Dustin J $17,000
Previous Owner Valencia Marcy E $396,500
Previous Owner Boyd Dustin J $229,191
Previous Owner Boyd Dustin J $174,416
Previous Owner Boyd Dustin J $174,775
Previous Owner Pierce Carrie B $48,990
Previous Owner Pierce Carrie B $195,960
Previous Owner Wilson Thomas $50,000
Previous Owner Wilson Thomas $128,060
Previous Owner Smith Christine M $152,605
Closed Wilson Thomas $32,015
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2020 06/12/20 Sold $347,000 +0.6% $186 / Sq Ft
05/13/2020 05/13/20 Pending -- -- --
05/11/2020 05/11/20 For Sale $345,000 +93.8% $185 / Sq Ft
07/28/2014 07/28/14 Sold $178,000 -1.1% $77 / Sq Ft
06/05/2014 06/05/14 Pending -- -- --
05/28/2014 05/28/14 For Sale $180,000 -- $78 / 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 $5,103 $507,700 $187,300 $320,400
2024 $5,103 $484,000 $176,900 $307,100
2023 $5,103 $458,400 $168,200 $290,200
2022 $4,874 $506,600 $175,000 $331,600
2021 $4,616 $367,300 $104,100 $263,200
2019 $3,661 $309,200 $87,100 $222,100
2018 $3,505 $281,600 $70,000 $211,600
2017 $2,982 $221,800 $58,300 $163,500
2016 $2,637 $164,600 $43,100 $121,500
2014 $2,218 $151,600 $42,500 $109,100
2013 $2,218 $132,800 $37,300 $95,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1599724

Northwest Multiple Listing Service (NWMLS)

APN: 511500-1600