Listed by Lynnmac Commercial LLC, Bought with Windermere Abode
NOT LISTED FOR SALE

5428 S Cedar St Tacoma, WA 98409

South Tacoma Neighborhood

Estimated Value: $414,000 - $524,000

5 Beds
2 Baths
1,924 Sq Ft
$256/Sq Ft Est. Value

Last Sold February 09, 2023

Last sale price $508,000 $264 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,953/month

119 Days on Market

Highlights

  • RV Access or Parking
  • Vinyl Plank Flooring
  • Partially Fenced Property
  • No HOA
  • Property is in very good condition
  • Wood Siding

About This Home

As of February 2023

Incredible opportunity to buy TWO homes on a subdividable lot! Main home is beautifully remodeled with new plumbing, carpet, paint and energy efficient double paned windows. Cozy wood burning fireplace . Updated open kitchen with dining space. Two bedrooms & a full bath on the main 1 bedroom plus loft space on the upper level. Move in ready! Second home is completely rebuilt from the studs out! Ready for occupancy! This home features 2 bedrooms, full bath, living room and kitchen! Both homes boast sunny southern exposure in the living areas. Nestled on a beautiful lot with 6 car or rv / boat off street parking. So many opportunities here! A superb set up for rental income, or sub-divide and sell homes individually.

Last Agent to Sell the Property

Annette Grupido

Lynnmac Commercial LLC License #26260 Listed on: 09/24/2022

Last Buyer's Agent

Jordan Dam

Windermere Abode License #22016107

Windermere Abode

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2000278

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,812

Year Built

  • Built in 1925

Lot Details

  • 6,600 Sq Ft Lot
  • Partially Fenced Property
  • Property is in very good condition

Home Design

  • Duplex
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Stucco
  • Wood Composite

Interior Spaces

  • 1,924 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking
  • RV Access or Parking

Schools

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

Community Details

  • No Home Owners Association
  • Lookout Park Condos
  • South Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 536000-075-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,812

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1925
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Lookout Park
  • New Construction: No
  • CalculatedSquareFootage: 1924
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Vinyl, Vinyl Plank, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Stucco, Wood, Wood Products
  • Foundation Details: Poured Concrete, Slab
  • Property Condition: Very Good
  • Structure Type: Duplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • PowerCompany: Tacoma Power
  • SewerCompany: Tacoma City
  • WaterCompany: Tacoma City
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 536000-075-0
  • Lot Size Acres: 0.1515
  • Lot Size Sq Ft: 6600
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,RV Parking
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Tax Info

  • Year: 2022
  • Tax Annual Amount: 3812

Multi Family

  • Number Of Units Total: 2
  • Leasable Area: 1924
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

MLS Schools

  • Elementary School: Edison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2022
Closed on
Feb 7, 2023
Sold by
Cloutier Gregory Marc
Bought by
Coughran Nicolas
Seller's Agent
Annette Grupido
Lynnmac Commercial LLC
Buyer's Agent
Jordan Dam
Windermere Abode
List Price
$565,000
Sold Price
$508,000
Premium/Discount to List
-$57,000
-10.09%
Views
32
Current Estimated Value
$492,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,072
Avg. Annual Appreciation
-1.11%
Original Mortgage
$381,000
Outstanding Balance
$368,519
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$124,409

Purchase Details

Listed on
Nov 5, 2021
Closed on
Nov 18, 2021
Sold by
Whealdon Evelyn and Estate Of Richard B Clary
Bought by
Cloutier Gregory Marc
Seller's Agent
Michael Putnam
Keller Williams Rty Tacoma
Buyer's Agent
Tamara Bout
Best Choice Realty LLC
List Price
$359,000
Sold Price
$360,000
Premium/Discount to List
$1,000
0.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.92%
Original Mortgage
$313,220
Interest Rate
2.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 2004
Sold by
Harwood Virginia
Bought by
Clary Richard B
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Coughran Nicolas -- First American Title
Cloutier Gregory Marc $360,000 First American Title
Clary Richard B -- Rainier Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coughran Nicolas $381,000
Previous Owner Cloutier Gregory Marc $313,220
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/09/2023 02/09/23 Sold $508,000 -4.1% $264 / Sq Ft
01/21/2023 01/21/23 Pending -- -- --
11/06/2022 11/06/22 Price Changed $529,950 -2.8% $275 / Sq Ft
10/20/2022 10/20/22 Price Changed $545,000 -3.5% $283 / Sq Ft
09/24/2022 09/24/22 For Sale $565,000 +56.9% $294 / Sq Ft
11/23/2021 11/23/21 Sold $360,000 +0.3% $280 / Sq Ft View Prior Sale
11/09/2021 11/09/21 Pending -- -- --
11/05/2021 11/05/21 For Sale $359,000 -- $280 / 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 $4,400 $433,900 $199,900 $234,000
2024 $4,400 $414,100 $193,200 $220,900
2023 $4,400 $395,100 $184,800 $210,300
2022 $3,812 $377,300 $178,500 $198,800
2021 $3,483 $276,900 $97,900 $179,000
2019 $2,897 $250,000 $78,900 $171,100
2018 $3,106 $222,700 $68,900 $153,800
2017 $2,684 $196,500 $51,200 $145,300
2016 $2,229 $145,500 $36,400 $109,100
2014 $1,068 $128,100 $35,300 $92,800
2013 $1,068 $117,100 $33,000 $84,100
Source: Public Records

Agents Affiliated with this Home

  • Annette Grupido

    Seller's Agent in 2023

    Annette Grupido

    Lynnmac Commercial LLC

    (206) 383-0667

    1 in this area

    35 Total Sales

    Annette Grupido
    Section Image

  • J

    Buyer's Agent in 2023

    Jordan Dam

    Windermere Abode

    1 in this area

    32 Total Sales

    Jordan Dam
    Section Image

  • M

    Seller's Agent in 2021

    Michael Putnam

    Keller Williams Rty Tacoma

    (253) 732-7739

    5 in this area

    66 Total Sales

    Michael Putnam
    Section Image
  • Tamara Bout

    Buyer's Agent in 2021

    Tamara Bout

    Best Choice Realty Brokerage

    (206) 949-8188

    1 in this area

    8 Total Sales

    Tamara Bout
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2000278

Northwest Multiple Listing Service (NWMLS)

APN: 536000-0750

Washington Pierce County Tacoma 98409 South Tacoma

5428 S Cedar St, Tacoma, WA

This home is located at 5428 S Cedar St, Tacoma, WA 98409 since 24 September 2022 and is currently estimated at $492,928, approximately $256 per square foot. This property was built in 1925. 5428 S Cedar 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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