Listed by John L. Scott, Inc., Bought with eXp Realty
$635,000
SOLD NOV 15, 2024

5421 S Warner St Tacoma, WA 98409

South Tacoma Neighborhood
-- Bed
-- Bath
2,208 Sq Ft
5,950 Sq Ft Lot

Recently Sold

$288 Per Sq Ft

12% Below List Price

Highlights

  • RV Access or Parking
  • Wood Flooring
  • Forced Air Heating System
  • Deck
  • No HOA
  • Dog Run

About This Home

As of November 2024

WOW! What an opportunity to own this circa 1903 four-plex! Great building with an expansive lot for all your tenants toys and activities. Owner occupied or investment, you decide. Coin operated washer/dryer for added income. Excellent location and a stone's throw to I-5, fire station and library. Aggressively priced to sell!

Last Agent to Sell the Property

Kelvin Avery

John L. Scott, Inc. License #50911 Listed on: 09/09/2024

John L. Scott, Inc.

Last Buyer's Agent

Alex Bradshaw

eXp Realty License #21011877

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2288715

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,598

Year Built

  • Built in 1903

Lot Details

  • 5,950 Sq Ft Lot
  • Dog Run
  • Partially Fenced Property
  • Property is in average condition

Home Design

  • Quadruplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,208 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet

Parking

  • 5 Parking Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Outbuilding

Schools

  • Edison Elementary School
  • Gray Middle School
  • Foss High School

Utilities

  • Forced Air Heating System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • South Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 948500-056-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,598

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1903
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2208
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Hardwood, Carpet
  • Interior Amenities: Hardwood, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Property Condition: Average
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 5

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • WaterSewerGarbage: 7200

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • Annual Fuel Expense: 500

Schools

  • Junior High Dist: Tacoma
  • High School: Foss
  • Middle Or Junior School: Gray

Lot Info

  • Parcel Number: 948500-056-0
  • Lot Size Acres: 0.1366
  • Lot Size Sq Ft: 5950
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Dog Run,Fenced-Partially,Outbuildings,RV Parking,Shop
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Electric, Oil

Rental Info

  • GrossRentMultiplier: 13.54
  • LeasedItems: None
  • TotalMonthlyIncome: 4000

Multi Family

  • Gross Scheduled Income: 48000
  • Net Operating Income: 32102
  • Number Of Units Total: 4
  • Electric Expense: 3600
  • Leasable Area: 2208
  • EnergySource: Electric,Oil
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2024
  • Tax Annual Amount: 4598

MLS Schools

  • Elementary School: Edison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2024
Closed on
Nov 8, 2024
Sold by
Gross Kenneth D
Bought by
Jones Elijah and Jones Cassandra Evette
Seller's Agent
Kelvin Avery
John L. Scott, Inc.
Buyer's Agent
Alex Bradshaw
eXp Realty
List Price
$724,999
Sold Price
$635,000
Premium/Discount to List
-$89,999
-12.41%
Views
16
Current Estimated Value
$661,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,344
Avg. Annual Appreciation
4.07%
Original Mortgage
$603,250
Outstanding Balance
$598,470
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$58,175

Purchase Details

Listed on
Sep 9, 2024
Closed on
Oct 22, 2024
Sold by
Gross John Alfred
Bought by
Gross Kenneth D
Seller's Agent
Kelvin Avery
John L. Scott, Inc.
Buyer's Agent
Alex Bradshaw
eXp Realty
List Price
$724,999
Sold Price
$635,000
Premium/Discount to List
-$89,999
-12.41%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$603,250
Outstanding Balance
$598,470
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$58,175

Purchase Details

Closed on
Aug 29, 2023
Sold by
Valdez Valerie
Bought by
Gross Kenneth D
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 Type Sale Price Title Company
Warranty Deed $635,000 Chicago Title
Personal Reps Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $603,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2024 11/15/24 Sold $635,000 -2.3% $288 / Sq Ft
10/07/2024 10/07/24 Pending -- -- --
09/28/2024 09/28/24 Price Changed $649,950 -10.4% $294 / Sq Ft
09/09/2024 09/09/24 For Sale $724,999 -- $328 / 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 $4,598 $439,900 $206,000 $233,900
2024 $4,598 $431,800 $199,100 $232,700
2023 $4,598 $412,900 $190,400 $222,500
2022 $4,985 $490,800 $183,100 $307,700
2021 $4,473 $355,900 $100,500 $255,400
2019 $3,512 $298,200 $80,900 $217,300
2018 $3,723 $270,100 $70,700 $199,400
2017 $3,326 $235,600 $52,300 $183,300
2016 $2,746 $183,300 $37,400 $145,900
2014 $2,658 $157,900 $36,200 $121,700
2013 $2,658 $133,200 $33,900 $99,300
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Kelvin Avery

    John L Scott

    (425) 355-0200

    1 in this area

    15 Total Sales

    Kelvin Avery
    Section Image
  • Alex Bradshaw

    Buyer's Agent in 2024

    Alex Bradshaw

    eXp Realty

    (253) 250-7520

    2 in this area

    120 Total Sales

    Alex Bradshaw
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2288715

Northwest Multiple Listing Service (NWMLS)

APN: 948500-0560

Washington Pierce County Tacoma 98409 South Tacoma

5421 S Warner St, Tacoma, WA

This home is located at 5421 S Warner St, Tacoma, WA 98409 and is currently priced at $635,000, approximately $287 per square foot. This property was built in 1903. 5421 S Warner St is a home located in Pierce County with nearby schools including Edison Elementary School, Gray Middle School, and Foss High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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