Listed by Better Properties Kitsap, Bought with Inspire Realty
NOT LISTED FOR SALE

5414 S Mason Ave Unit 5416 Tacoma, WA 98409

South Tacoma Neighborhood

Estimated Value: $518,000 - $611,661

4 Beds
2 Baths
1,880 Sq Ft
$307/Sq Ft Est. Value

Last Sold April 19, 2023

Last sale price $530,000 $282 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,529/month

3 Days on Market

Highlights

  • Deck
  • Territorial View
  • Baseboard Heating
  • Secluded Lot
  • No HOA
  • Property is Fully Fenced

About This Home

As of April 2023

Lovely, secluded duplex on dead-end road with views overlooking the valley. Always rented! Excellent investment opportunity! Each unit has been updated and well maintained, and has its own large, mostly fenced yard and garage. Tenants pay all utilities except septic. Water and electric are separately metered in tenant names. Rents currently lower than market rate, and tenants are month-to-month.

Last Agent to Sell the Property

Debra Keene Bergeron

Better Properties Kitsap License #108242 Listed on: 03/24/2023

Last Buyer's Agent

Lee Santos

Inspire Realty License #26474

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2030241

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,295

Year Built

  • Built in 1975

Lot Details

  • 9,263 Sq Ft Lot
  • Street terminates at a dead end
  • Property is Fully Fenced
  • Secluded Lot
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,880 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Laminate
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck

Utilities

  • Baseboard Heating
  • Septic Tank

Community Details

  • No Home Owners Association
  • University Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3635000021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,295

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1975
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1880
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: Listing broker earns 2% commission
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl
  • Interior Amenities: Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Dead End Street, Paved, Secluded
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: PartiallyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: TPU
  • SewerCompany: Septic
  • WaterCompany: TPU

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 3635000021
  • Lot Size Acres: 0.2126
  • Lot Size Sq Ft: 9263
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Fully
  • MLSLotSizeSource: County
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12.63
  • LeasedItems: None
  • TotalMonthlyIncome: 3090

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5295

Multi Family

  • Number Of Units Total: 2
  • EnergySource: Electric
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2012
Sold by
Bergeron Clinton and Begeron Debra Keene
Bought by
Mason Duplex Llc
Current Estimated Value
$576,665

Purchase Details

Closed on
Mar 27, 2012
Sold by
Mason Duplex Llc
Bought by
Bergeron Clinton and Bergeron Debra

Purchase Details

Closed on
Sep 9, 2009
Sold by
Bergeron Clinton and Bergeron Debra Keene
Bought by
Mason Duplex Llc

Purchase Details

Closed on
Mar 2, 2008
Sold by
Goldleaf Investments Llc
Bought by
Bergeron Clinton and Bergeron Debra

Purchase Details

Closed on
Jan 29, 2008
Sold by
Bradbury Thomas A and Bradbury Jennifer M
Bought by
Gold Leaf Investments Llc

Purchase Details

Closed on
Mar 10, 2005
Sold by
Flynn Mark D
Bought by
Bradbury Thomas A and Bradbury Jennifer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,950
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 2001
Sold by
Granoski Charles M
Bought by
Flynn Mark D and Flynn Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
6.9%

Purchase Details

Closed on
Jan 27, 1995
Sold by
Granoski Charles M
Bought by
Granoski Leslie T
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
Mason Duplex Llc -- None Available
Bergeron Clinton -- None Available
Mason Duplex Llc -- None Available
Bergeron Clinton -- Transnation Title Ins Co
Gold Leaf Investments Llc $205,000 None Available
Bradbury Thomas A $208,700 Chicago Title
Flynn Mark D $162,875 Rainier Title Company
Granoski Leslie T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bradbury Thomas A $166,950
Previous Owner Flynn Mark D $126,000
Closed Bradbury Thomas A $41,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2023 04/19/23 Sold $530,000 0.0% $282 / Sq Ft
03/27/2023 03/27/23 Pending -- -- --
03/24/2023 03/24/23 For Sale $530,000 -- $282 / 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 $6,114 $576,000 $225,600 $350,400
2024 $6,114 $586,500 $218,000 $368,500
2023 $6,114 $549,400 $208,500 $340,900
2022 $5,295 $531,700 $204,100 $327,600
2021 $4,772 $379,700 $112,000 $267,700
2019 $4,073 $359,000 $90,200 $268,800
2018 $4,120 $313,400 $78,800 $234,600
2017 $3,678 $260,800 $59,400 $201,400
2016 $3,031 $200,700 $42,200 $158,500
2014 $2,933 $174,300 $40,900 $133,400
2013 $2,933 $147,000 $38,300 $108,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2030241

Northwest Multiple Listing Service (NWMLS)

APN: 363500-0021