Listed by Array Real Estate, Bought with Theory Real Estate
NOT LISTED FOR SALE

Estimated Value: $666,000 - $803,000

6 Beds
3 Baths
2,640 Sq Ft
$282/Sq Ft Est. Value

Last Sold April 08, 2024

Last sale price $820,500 $311 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $4,532/month

2 Days on Market

Highlights

  • Deck
  • Patio
  • Baseboard Heating
  • No HOA
  • Open Space
  • High Speed Internet

About This Home

As of April 2024

Discover an impeccable turnkey tri-plex, meticulously maintained and primed for savvy investors seeking entry into real estate or expanding their portfolio. Each dwelling boasts 2 bedrooms and 1 bathroom, which all are currently leased and stabilized. This property comes with on-site coin-operated laundry and storage lockers for all units, along with two parking stalls per unit. Located on a tranquil street, this investment gem also presents an opportunity with an unfinished unit, equivalent to a studio apartment, plumbed and ready for conversion into a four-plex. Buyer to verify all information

Last Agent to Sell the Property

Skyler Kernodle

Array Real Estate License #129704 Listed on: 02/29/2024

Co-Listed By

Sheldon Kernodle

Array Real Estate License #116351

Last Buyer's Agent

Ronald Dudley

Theory Real Estate License #128719

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2205144

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,644

Year Built

  • Built in 1980

Lot Details

  • 10,581 Sq Ft Lot
  • Open Space
  • Street terminates at a dead end

Home Design

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

Interior Spaces

  • 2,640 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Parking

  • 6 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Baseboard Heating
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Manitou Subdivision

Listing and Financial Details

  • Assessor Parcel Number 293000-016-2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,644

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1980
  • Buyer Agency Compensation: 3.0
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2640
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Laminate
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,Storage

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Dead End Street, Open Space, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Triplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • WaterSewerGarbage: 5940

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 293000-016-2
  • Lot Size Acres: 0.2429
  • Lot Size Sq Ft: 10581
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,High Speed Internet,Patio
  • MLSLotSizeSource: Tax Records
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 12.65
  • LeasedItems: None
  • TotalMonthlyIncome: 4939

Multi Family

  • Gross Scheduled Income: 59268
  • Net Operating Income: 43691
  • Number Of Units Total: 3
  • Insurance Expense: 2400
  • Leasable Area: 2400
  • EnergySource: Electric
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2023
  • Tax Annual Amount: 6644

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2024
Closed on
Mar 26, 2024
Sold by
Frey Angela and Ong Van
Bought by
Mccall Dudley Ronald and Paige Farrell Victoria
Seller's Agent
Skyler Kernodle
Array Real Estate
Buyer's Agent
Ronald Dudley
Theory Real Estate
List Price
$750,000
Sold Price
$820,500
Premium/Discount to List
$70,500
9.4%
Views
20
Current Estimated Value
$744,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$75,785
Avg. Annual Appreciation
-6.06%
Original Mortgage
$779,475
Outstanding Balance
$767,873
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
-$23,158

Purchase Details

Closed on
Apr 29, 2021
Sold by
Foster Aaron M and Foster Raina E
Bought by
Frey Angela and Ong Van

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,250
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 4, 2018
Closed on
Jun 1, 2018
Sold by
Stark Vaughn P
Bought by
Foster Aaron M and Foster Raina E
Seller's Agent
Paul Jakeman
Park 52, Inc.
Buyer's Agent
Jen Russell
John L. Scott, Inc.
List Price
$360,000
Sold Price
$390,000
Premium/Discount to List
$30,000
8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.21%
Original Mortgage
$273,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 2, 2012
Closed on
Oct 12, 2012
Sold by
Stark Gina
Bought by
Stark Vaughn D
Seller's Agent
Anne Curry
Better Properties N. Proctor
Buyer's Agent
Sheila Field-White
Wilcox Real Estate
List Price
$220,000
Sold Price
$199,000
Premium/Discount to List
-$21,000
-9.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.60%
Original Mortgage
$199,000
Interest Rate
3.5%
Mortgage Type
VA

Purchase Details

Closed on
Jul 7, 2011
Sold by
Aurora Loan Services Llc
Bought by
Blue Fern Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,900
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2011
Sold by
Gutierrez Sylvia D and Gutierrez Antonio
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Dec 4, 2006
Sold by
Felker Robert W and Felker Claudine S
Bought by
Gutierrez Antonio and Gutierrez Sylvia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,600
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 9, 1995
Sold by
Felker Claudine S and Felker Claudine M
Bought by
Felker Robert W and Felker Claudine S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,250
Interest Rate
7.58%
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
Mccall Dudley Ronald $820,500 Old Republic Title
Frey Angela $635,000 Cw Title
Foster Aaron M $389,719 First American Title Company
Stark Vaughn D -- Fidelity National Title
Stark Vaughn D $199,000 Fidelity National Title
Blue Fern Group Llc $153,900 Fidelity Natl Title Ins Co
Aurora Loan Services Llc $260,875 1St American
Gutierrez Antonio $292,000 Pst
Felker Robert W -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccall Dudley Ronald $779,475
Previous Owner Frey Angela $476,250
Previous Owner Foster Aaron M $273,000
Previous Owner Stark Vaughn D $199,000
Previous Owner Blue Fern Group Llc $173,900
Previous Owner Gutierrez Antonio $233,600
Previous Owner Felker Robert W $95,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/08/2024 04/08/24 Sold $820,500 +9.4% $311 / Sq Ft
03/02/2024 03/02/24 Pending -- -- --
02/29/2024 02/29/24 For Sale $750,000 +92.3% $284 / Sq Ft
06/25/2018 06/25/18 Sold $390,000 +8.3% $148 / Sq Ft View Prior Sale
05/08/2018 05/08/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $360,000 +80.9% $136 / Sq Ft
10/26/2012 10/26/12 Sold $199,000 -9.5% $56 / Sq Ft View Prior Sale
08/13/2012 08/13/12 Pending -- -- --
04/13/2012 04/13/12 For Sale $220,000 -- $62 / 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 $7,140 $730,300 $231,800 $498,500
2024 $7,140 $700,900 $224,000 $476,900
2023 $7,140 $641,800 $214,300 $427,500
2022 $5,913 $640,200 $206,000 $434,200
2021 $5,516 $439,100 $129,500 $309,600
2019 $4,550 $396,000 $105,900 $290,100
2018 $4,854 $350,200 $92,200 $258,000
2017 $4,064 $307,400 $62,400 $245,000
2016 $3,383 $227,400 $43,200 $184,200
2014 $3,449 $194,600 $41,100 $153,500
2013 $3,449 $179,000 $41,100 $137,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2205144

Northwest Multiple Listing Service (NWMLS)

APN: 293000-0162