NOT LISTED FOR SALE

The Commencement 5204 N Bennett St Unit 311 Ruston, WA 98407

Estimated Value: $1,199,000 - $1,318,501

2 Beds
2 Baths
2,335 Sq Ft
958 Sq Ft Lot

Last Sold October 21, 2015

Last sale price $800,000 $343 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $7,469/month

394 Days on Market

Highlights

  • Views of a Sound
  • Wood Flooring
  • Corner Lot
  • Contemporary Architecture
  • 1 Fireplace
  • 3-minute walk to Rust Park

About This Home

As of October 2015

Bordering Tacoma's signature Pt. Defiance Pk & perched above Ruston Way's incredible renovation, The Commencement offers sweeping views of the Sound & Mt. Rainier. The moment you walk in, beauty surrounds you! Flr to ceiling wndws, gas frplce open to both the spacious master ste & living rm & private deck for your viewing & entertaining pleasure. Gleaming hrdwd flrs, slab granite, SS appliances, gas range & finely crafted hrdwd cabinets. Club house & fitness center. Sale Office #108 Open 12-5pm

Last Agent to Sell the Property

JoAnn Jett

Windermere Chambers Bay Listed on: 07/27/2014

Co-Listed By

Cindy Stewart

Engel & Voelkers Chambers Bay License #27518

Last Buyer's Agent

Michael McNiel

Engel & Voelkers Chambers Bay License #23756

Engel & Voelkers Chambers Bay

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM673255

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2009

Lot Details

  • 958

Parking

  • Common or Shared Parking

Property Views

  • Views of a Sound
  • Bay
  • Mountain

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Cement Board or Planked

Interior Spaces

  • 1 Fireplace
  • Blinds

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 9339310311

Community Details

Overview

  • 62 Units
  • Ruston Community
  • 6-Story Property

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Architecture: Contemporary
  • Entrance Level: Main
  • Unit Floor Number: 3
  • Year Built: 2009
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliance Hookups: Cooking-Electric, Cooking-Gas, Dryer-Electric, Ice Maker, Washer
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Master Bedroom: Main
  • Fireplace Type: Gas
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Den or Office: Main
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Storage: Basement
  • Estimated Sq Ft: 2335
  • Window Coverings: Blinds

Exterior Features

  • Construction Methods: Steel And Concrete
  • Exterior: Cement Planked
  • Roof: Flat
  • View: Bay, Mountain, Sound

Garage/Parking

  • Numberof Assigned Spaces: 2
  • Parking Type: Common Garage

Utilities

  • Heating And Cooling: Central A/C, Forced Air
  • Water Heater: Utility Room-Electric

Condo/Co-op/Association

  • Numberof Units in Building: 62
  • Numberof Units In Complex: 62
  • HOA Fees: 596
  • Community Name: Ruston
  • Project: The Commencement
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: SUHRCO RES (425) 455-0900
  • Common Property Features: Cable Tv, Club House, Disabled Access, Elevator, Exercise Room, Fire Sprinklers, Game/Rec Rm, High Speed Int Avail, Outside Entry, Security Gate
  • Home Owner Dues Included: Garbage, Water/Sewer, Snow Removal, Common Area Maintenance, Lawn Service
  • Unit Features: Balcony/Deck/Patio, Insulated Windows, Master Bath, Walk-In Closet

Schools

  • School District: TAC

Lot Info

  • Lot Details: Corner Lot, Curbs, Paved Street, Sidewalk
  • Parcel Number: 9339310311

Tax Info

  • Tax Amount: 5552

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2014
Closed on
Oct 19, 2015
Sold by
Ccs Commencement Llc
Bought by
Holden Michael T
Seller's Agent
JoAnn Jett
Windermere Chambers Bay
Buyer's Agent
Michael McNiel
Engel & Voelkers Chambers Bay
List Price
$800,000
Sold Price
$800,000
Current Estimated Value
$1,256,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$456,500
Avg. Annual Appreciation
4.54%
Original Mortgage
$640,000
Outstanding Balance
$488,005
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$768,495
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Holden Michael T $799,719 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holden Michael T $640,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2015 10/21/15 Sold $800,000 0.0% $343 / Sq Ft
08/27/2015 08/27/15 Pending -- -- --
07/28/2014 07/28/14 For Sale $800,000 -- $343 / 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 $10,303 $1,271,700 $98,200 $1,173,500
2024 $10,303 $1,156,000 $89,300 $1,066,700
2023 $10,303 $1,101,000 $89,300 $1,011,700
2022 $9,499 $1,101,000 $89,300 $1,011,700
2021 $10,406 $957,300 $74,400 $882,900
2019 $9,473 $978,900 $68,700 $910,200
2018 $10,265 $914,800 $57,200 $857,600
2017 $8,688 $795,500 $47,700 $747,800
2016 $6,999 $473,500 $47,700 $425,800
2014 -- $473,500 $47,700 $425,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM673255

Northwest Multiple Listing Service (NWMLS)

APN: 900931-0311