NOT LISTED FOR SALE

5403 N Court St Unit A + B Ruston, WA 98407

Ruston Neighborhood

Estimated Value: $696,000 - $775,000

4 Beds
2 Baths
1,922 Sq Ft
$385/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $730,000 $380 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,649/month

3 Days on Market

Highlights

  • Views of a Sound
  • Deck
  • Thermal Windows
  • Golf Course Community
  • No HOA
  • 1-minute walk to Rust Park

About This Home

As of March 2024

Seller prefers to carry contract--no loan fees! Enjoy living near the waterfront--both units have water views and within walking distance to Pt Defiance, n'hood park close-by, waterfront restaurants & shopping. Well maintained units have new exterior paint, interiors painted in recent years, new deck treads, grotto-style patio, full-length view balconies, gas fireplaces, newer laminate flooring & carpet, and updated kitchens. Large bedrooms accommodate king-sized furniture, primary has a walk-in closet and pocket door access to the continental bath. Very low traffic cul-de-sac in a quiet neighborhood - these units are always rented. Owner can occupy the main-floor unit or re-rent at market rate. Easy investment!

Last Listed By

Nancy Westergaard

Better Properties Real Estate License #29466 Listed on: 02/23/2024

Better Properties Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2203254

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,818

Year Built

  • Built in 1983

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 120x50
  • Cul-De-Sac
  • Street terminates at a dead end
  • Property is in very good condition

Property Views

  • Views of a Sound
  • Bay
  • Territorial

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,922 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 3 Parking Spaces
  • 1 Covered Space
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Point Defiance Elementary School
  • Truman Middle School
  • Silas High School

Utilities

  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 3 + 4 / 14
  • Assessor Parcel Number 236500-037-2

Community Details

Overview

  • No Home Owners Association
  • Bay View To Ruston Condos
  • Ruston Subdivision

Recreation

  • Golf Course Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,818

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1983
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Bay View to Ruston
  • New Construction: No
  • CalculatedSquareFootage: 1922
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 243

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Bay, Sound, Territorial
  • Lot Features: Community Golf Course, Cul-De-Sac, Curbs, Dead End Street, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: Ruston
  • SewerCompany: Ruston
  • WaterCompany: Tacoma
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Community Features: Golf
  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Tacoma
  • High School: Silas High School
  • Middle Or Junior School: Truman

Lot Info

  • Parcel Number: 236500-037-2
  • Lot Size Acres: 0.1377
  • Lot Size: 120X50
  • Lot Size Sq Ft: 6000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Gas Available,Patio
  • MLSLotSizeSource: tax records
  • MLSSquareFootageSource: tax records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 3 + 4

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 3880

Multi Family

  • Gross Scheduled Income: 46560
  • Net Operating Income: 39700
  • Number Of Units Total: 3
  • Insurance Expense: 1042
  • Leasable Area: 1922
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 5818

MLS Schools

  • Elementary School: Point Defiance

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
Mar 15, 2024
Sold by
Westergaard Lawrence and Westergaard Nancy
Bought by
Small Matt D and Mcgrath Thomas J
Seller's Agent
Nancy Westergaard
Better Properties Real Estate
Buyer's Agent
Matt Small
Coldwell Banker Danforth
List Price
$739,950
Sold Price
$730,000
Premium/Discount to List
-$9,950
-1.34%
Total Days on Market
3
Views
19
Current Estimated Value
$739,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,732
Avg. Annual Appreciation
1.25%
Original Mortgage
$657,000
Outstanding Balance
$651,074
Interest Rate
6.64%
Mortgage Type
Seller Take Back
Estimated Equity
$88,658

Purchase Details

Closed on
Dec 5, 2003
Sold by
Westergaard Lawrence C
Bought by
Westergaard Lawrence and Westergaard Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 2002
Sold by
Westergaard Nancy
Bought by
Westergaard Lawrence C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,310
Interest Rate
6.17%

Purchase Details

Closed on
Oct 3, 2002
Sold by
Sleavin Catherine R
Bought by
Westergaard Lawrence C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,310
Interest Rate
6.17%

Purchase Details

Closed on
Oct 14, 1996
Sold by
Sleavin Catherine R
Bought by
Sleavin Catherine R and Catherine R Sleavin Living Trust

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
Small Matt D $730,000 Chicago Title
Westergaard Lawrence -- Ticor Title Company
Westergaard Lawrence C -- Rainier Title Company
Westergaard Lawrence C $175,900 Rainier Title Company
Sleavin Catherine R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Small Matt D $657,000
Previous Owner Westergaard Nancy J $147,000
Previous Owner Westergaard Lawrence $160,000
Previous Owner Westergaard Lawrence C $158,310
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2024 03/22/24 Sold $730,000 -1.3% $380 / Sq Ft
02/26/2024 02/26/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $739,950 -- $385 / 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
2024 $6,341 $733,000 $387,400 $345,600
2023 $6,341 $677,600 $336,000 $341,600
2022 $5,551 $669,500 $333,900 $335,600
2021 $5,165 $475,100 $212,600 $262,500
2019 $3,749 $399,000 $179,400 $219,600
2018 $3,830 $361,900 $161,800 $200,100
2017 $3,339 $296,700 $121,700 $175,000
2016 $3,105 $224,600 $92,000 $132,600
2014 $2,908 $210,000 $88,500 $121,500
2013 $2,908 $193,600 $79,300 $114,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2203254

Northwest Multiple Listing Service (NWMLS)

APN: 236500-0372