Listed by Timber Real Estate, Bought with Keller Williams Rty Tacoma
NOT LISTED FOR SALE

Estimated Value: $471,173 - $568,000

5 Beds
2 Baths
1,717 Sq Ft
$300/Sq Ft Est. Value

Last Sold June 19, 2020

Last sale price $340,000 $198 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,176/month

20 Days on Market

Highlights

  • Territorial View
  • High Speed Internet
  • Wood Siding
  • Corner Lot
  • Partially Fenced Property
  • 4-minute walk to Gas Station Park

About This Home

As of June 2020

Investment opportunity w/outstanding curbside appeal! Original character of craftsman home shines through in this duplex, which offers newer vinyl windows, updated baths, & updated kitchens. First unit (main) boasts 3 beds, 1 bath, & renters in place to provide steady income! Second unit (up) is vacant & move-in-ready w/2 bed & 1 bath. Separate entrances & meters. 2 car garage & shared laundry in basement. Outstanding Tacoma location, minutes to local conveniences.

Last Agent to Sell the Property

Lisa Serratos-McGregor

Timber Real Estate License #27493 Listed on: 04/08/2020

Co-Listed By

Amanda Weis

Ballpark Realty License #123127

Last Buyer's Agent

Demetrius Morgan

Keller Williams Rty Tacoma License #132378

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1582516

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,822

Year Built

  • Built in 1906

Lot Details

  • 5,750 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot
  • Property is in good condition

Home Design

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

Interior Spaces

  • 1,717 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 8 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

  • Mann Elementary School
  • Stewart Middle School
  • Lincoln High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • South Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7785003810

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,822

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1906
  • Buyer Agency Compensation: **2.5**%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1717
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: Show and Sell!
  • Special Features: VirtualTour
  • Cumulative Days on Market: 381

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Alley, Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Block, Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric
  • PowerCompany: Tacoma
  • SewerCompany: Tacoma
  • WaterCompany: Tacoma
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Tacoma
  • High School: Lincoln
  • Middle Or Junior School: Stewart

Lot Info

  • Parcel Number: 7785003810
  • Lot Size Acres: 0.132
  • Lot Size Sq Ft: 5750
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Gas Available,High Speed Internet
  • MLSLotSizeSource: County
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 2550

Multi Family

  • Net Operating Income: 25300
  • Number Of Units Total: 3
  • Insurance Expense: 932
  • Leasable Area: 1717
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3822

MLS Schools

  • Elementary School: Mann

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2020
Closed on
Jun 5, 2020
Sold by
Weis Troy and Weis Amanda
Bought by
Henry Annishia Lotoya
Seller's Agent
Lisa Serratos-McGregor
Timber Real Estate
Buyer's Agent
Demetrius Morgan
Keller Williams Rty Tacoma
List Price
$339,000
Sold Price
$340,000
Premium/Discount to List
$1,000
0.29%
Current Estimated Value
$514,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,543
Avg. Annual Appreciation
8.28%
Original Mortgage
$347,820
Outstanding Balance
$309,674
Interest Rate
3.2%
Mortgage Type
VA
Estimated Equity
$204,944

Purchase Details

Listed on
Jul 7, 2016
Closed on
Aug 22, 2016
Sold by
Real Estate Investment Solutions Llc
Bought by
Weis Troy and Weis Amanda
Seller's Agent
Ronda Haase
Realty One Group Turn Key
Buyer's Agent
Katie Silver
Keller Williams Realty Bothell
List Price
$229,950
Sold Price
$234,500
Premium/Discount to List
$4,550
1.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.27%
Original Mortgage
$175,875
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2013
Sold by
Nationstar Mortgage Llc
Bought by
Real Estate Investment Solutions Llc

Purchase Details

Closed on
Feb 27, 2013
Sold by
Streva Kevin and Shafford Leeah
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Nov 10, 2005
Sold by
Whittaker Robert L
Bought by
Streva Kevin and Shafford Leeah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.93%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 16, 2004
Sold by
Mautz Cheryl L
Bought by
Whittaker Robert L and Whittaker Lynn R

Purchase Details

Closed on
Sep 28, 1998
Sold by
Magnussen Evelyn G
Bought by
Magnussen Evelyn G and Evelyn G Magnussen Living Trust
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
Henry Annishia Lotoya $340,000 Ticor Title
Weis Troy $234,219 Fidelity National Title
Real Estate Investment Solutions Llc $120,750 Fatco
Nationstar Mortgage Llc $184,037 None Available
Streva Kevin $250,000 Pnwt
Whittaker Robert L $75,000 Fidelity National Title Co
Magnussen Evelyn G -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henry Annishia Lotoya $347,820
Previous Owner Weis Troy $175,875
Previous Owner Real Estate Investment Solutions Llc $135,000
Previous Owner Real Estate Investment Solutions Llc $30,000
Previous Owner Streva Kevin $200,000
Previous Owner Streva Kevin $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2020 06/19/20 Sold $340,000 +3.3% $198 / Sq Ft
04/28/2020 04/28/20 Pending -- -- --
04/25/2020 04/25/20 Price Changed $329,000 -2.9% $192 / Sq Ft
04/08/2020 04/08/20 For Sale $339,000 +44.6% $197 / Sq Ft
08/31/2016 08/31/16 Sold $234,500 +2.0% $137 / Sq Ft
07/23/2016 07/23/16 Pending -- -- --
07/21/2016 07/21/16 For Sale $229,950 -- $134 / 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 $4,535 $439,700 $204,600 $235,100
2024 $4,535 $431,500 $197,700 $233,800
2023 $4,535 $407,200 $185,700 $221,500
2022 $4,166 $432,200 $181,600 $250,600
2021 $3,877 $308,300 $104,700 $203,600
2019 $3,168 $282,400 $91,200 $191,200
2018 $3,600 $243,600 $79,400 $164,200
2017 $3,078 $227,800 $57,600 $170,200
2016 $2,722 $166,900 $42,000 $124,900
2014 $2,370 $156,500 $40,900 $115,600
2013 $2,370 $144,500 $37,400 $107,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1582516

Northwest Multiple Listing Service (NWMLS)

APN: 778500-3810