NOT LISTED FOR SALE

601 N Cheyenne St Unit 1 Tacoma, WA 98406

North Tacoma Neighborhood

Estimated Value: $632,000 - $773,000

4 Beds
2 Baths
2,016 Sq Ft
$349/Sq Ft Est. Value

Last Sold December 09, 2016

Last sale price $300,000 $149 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $4,290/month

108 Days on Market

Highlights

  • RV Access or Parking
  • Ceramic Tile Flooring
  • 1-Story Property
  • Patio
  • Partially Fenced Property

About This Home

As of December 2016

DUPLEX , Great investment opportunity. Ideal Location with a ZERO vacancy rate. Close to Hwy 16 and Downtown, private back yard, on bus line ( 6th Ave ), All brick exterior, RV parking, NEW ROOF OCTOBER 2016, Insulated by Tacoma City. Motivated seller
Address is 601-603 N Cheyenne

Last Buyer's Agent

Dick Beeson

RE/MAX Northwest License #6470

RE/MAX Northwest

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1014576

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,244

Year Built

  • Built in 1961

Lot Details

  • 7,800 Sq Ft Lot
  • Lot Dimensions are 65 x 120
  • Partially Fenced Property
  • Sprinkler System
  • Property is in good condition

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 2,016 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking
  • RV Access or Parking

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • Fletcher Heights Condos
  • North Tacoma Subdivision

Listing and Financial Details

  • Tax Lot 43 & 44
  • Assessor Parcel Number 3900000900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,244

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1961
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Fletcher Heights
  • New Construction: No
  • CalculatedSquareFootage: 2016
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Brick
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex
  • ConstructionMethods: Double Wall

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: Tacoma
  • SewerCompany: Tacoma
  • WaterCompany: Tacoma
  • WaterSewerGarbage: 2404

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 3900000900
  • Lot Size Acres: 0.1791
  • Lot Size: 65 X 120
  • Lot Size Sq Ft: 7800
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Patio,RV Parking,Sprinkler System
  • MLSLotSizeSource: County
  • ZoningClass: Residential
  • LotNumber: 43 & 44

Green Features

  • Efficiency: Double Wall
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Multi Family

  • Gross Scheduled Income: 24000
  • Net Operating Income: 17157
  • Number Of Units Total: 2
  • Insurance Expense: 194
  • Leasable Area: 2106
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2016
  • Tax Annual Amount: 4244

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2018
Sold by
Miller Washington Llc
Bought by
Miller Ellie W
Current Estimated Value
$703,809

Purchase Details

Listed on
Aug 14, 2016
Closed on
Dec 5, 2016
Sold by
Mullan Nicholas C and Mullan Mary Jane
Bought by
Miller Washington Llc
Buyer's Agent
Dick Beeson
RE/MAX Northwest
List Price
$349,000
Sold Price
$300,000
Premium/Discount to List
-$49,000
-14.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.15%

Purchase Details

Closed on
Feb 24, 1994
Sold by
Lucavish Robert W
Bought by
Mullan Nicholas C and Mullan Mary Jane
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
Miller Ellie W -- None Available
Miller Washington Llc $299,719 Chicago Title Company Of Wa
Mullan Nicholas C -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2016 12/09/16 Sold $300,000 -14.0% $149 / Sq Ft
12/01/2016 12/01/16 Pending -- -- --
09/28/2016 09/28/16 For Sale $349,000 0.0% $173 / Sq Ft
09/08/2016 09/08/16 Pending -- -- --
08/14/2016 08/14/16 For Sale $349,000 -- $173 / 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 $6,706 $644,200 $312,700 $331,500
2024 $6,706 $655,700 $312,700 $343,000
2023 $6,706 $602,700 $276,400 $326,300
2022 $6,281 $638,700 $294,000 $344,700
2021 $5,904 $470,000 $177,300 $292,700
2019 $4,734 $411,400 $153,900 $257,500
2018 $4,922 $364,400 $141,000 $223,400
2017 $4,448 $311,700 $113,100 $198,600
2016 $4,136 $251,700 $80,300 $171,400
2014 $3,631 $238,000 $73,500 $164,500
2013 $3,631 $208,500 $63,900 $144,600
Source: Public Records

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1014576

Northwest Multiple Listing Service (NWMLS)

APN: 390000-0900