Listed by COMPASS, Bought with Real Broker LLC
NOT LISTED FOR SALE

Estimated Value: $459,000 - $542,000

4 Beds
2 Baths
1,728 Sq Ft
$295/Sq Ft Est. Value

Last Sold August 04, 2023

Last sale price $485,000 $281 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,090/month

4 Days on Market

Highlights

  • Territorial View
  • Ceramic Tile Flooring
  • Wood Siding
  • No HOA
  • Partially Fenced Property

About This Home

As of August 2023

~South Tacoma Duplex~ Here's your chance! Whether you're looking to invest in Multi-Family OR supplement your mortgage, this is the PERFECT opportunity for you. Duplex located in the desirable Manitou neighborhood of South Tacoma just a couple streets away from UP. Top and bottom units (A&B) both featuring 2 BD, 1BA and 864 sq ft. Updated with new flooring, new paint, granite countertops and stainless steel appliances! Bottom unit is vacant and move-in ready. Nestled on a quiet street with a large lot and Alley Access! DADU Potential? Neighborhood mixed with small multi-family and residential. Centrally located and just minutes to shopping, trails, parks, lakes, sound, I5 (quick commute) and so much more. Pro forma financials in listing.

Last Agent to Sell the Property

Kyle Walker

COMPASS License #134001 Listed on: 06/15/2023

COMPASS

Co-Listed By

Jake Furfaro

Sagareus Real Estate License #21025662

Last Buyer's Agent

Cortney Donovan

Real Broker LLC License #21000502

Real Broker LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2127824

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,237

Year Built

  • Built in 1977

Lot Details

  • 6,325 Sq Ft Lot
  • Partially Fenced Property
  • Value in Land
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1,728 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl Plank
  • Vinyl

Parking

  • 2 Parking Spaces
  • Open Parking

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • Manitou Subdivision

Listing and Financial Details

  • Assessor Parcel Number 293000-017-3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,237

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1977
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1728
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: SHOW AND SELL!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Vinyl Plank, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Alley, Paved, Value In Land
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Tacoma
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 293000-017-3
  • Lot Size Acres: 0.1452
  • Lot Size Sq Ft: 6325
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially
  • MLSLotSizeSource: County
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11.83
  • LeasedItems: None
  • TotalMonthlyIncome: 1450

Multi Family

  • Gross Scheduled Income: 40560
  • Net Operating Income: 33095
  • Number Of Units Total: 2
  • Insurance Expense: 1200
  • Leasable Area: 1728
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: true
  • VacancyRate: 5

Tax Info

  • Year: 2023
  • Tax Annual Amount: 4237.03

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2023
Closed on
Aug 3, 2023
Sold by
47 North Investments Llc
Bought by
Murphy Jordan
Seller's Agent
Kyle Walker
COMPASS
Buyer's Agent
Cortney Donovan
Real Broker LLC
List Price
$479,950
Sold Price
$485,000
Premium/Discount to List
$5,050
1.05%
Views
44
Current Estimated Value
$510,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,603
Avg. Annual Appreciation
2.34%
Original Mortgage
$476,215
Outstanding Balance
$465,078
Interest Rate
6.67%
Mortgage Type
FHA
Estimated Equity
$45,525

Purchase Details

Closed on
Mar 27, 2017
Sold by
Tellez Herman and Tellez Arlene M
Bought by
47 North Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,350
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage
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
Murphy Jordan $485,000 Ticor Title
47 North Investments Llc $294,719 F A T C O
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Jordan $476,215
Previous Owner 47 North Investments Llc $314,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2023 08/04/23 Sold $485,000 +1.1% $281 / Sq Ft
06/19/2023 06/19/23 Pending -- -- --
06/15/2023 06/15/23 For Sale $479,950 -- $278 / 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 $4,692 $459,900 $208,600 $251,300
2024 $4,692 $455,700 $201,600 $254,100
2023 $4,692 $421,400 $192,900 $228,500
2022 $4,078 $401,800 $181,600 $220,200
2021 $3,776 $300,300 $114,100 $186,200
2019 $2,979 $274,800 $93,400 $181,400
2018 $2,972 $229,000 $81,300 $147,700
2017 $2,471 $188,000 $53,800 $134,200
2016 $2,207 $138,400 $37,300 $101,100
2014 $2,139 $126,800 $35,500 $91,300
2013 $2,139 $115,600 $35,500 $80,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2127824

Northwest Multiple Listing Service (NWMLS)

APN: 293000-0173