Listed by Windermere Prof Partners, Bought with Champions Real Estate
NOT LISTED FOR SALE

Estimated Value: $511,000 - $573,000

4 Beds
3 Baths
2,940 Sq Ft
$185/Sq Ft Est. Value

Last Sold November 22, 2016

Last sale price $214,000 $73 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $3,344/month

54 Days on Market

Highlights

  • Territorial View
  • Wood Siding
  • 1-Story Property
  • Property is Fully Fenced
  • Wall to Wall Carpet

About This Home

As of November 2016

Large Duplex a few mins from downtown Tacoma & I-5. Newer roof & freshly painted on the exterior & in Unit 608. One unit is 2 levels, 3 bedrooms & 1.75 baths 1470 sq ft & the other unit is 1 bed & 1 bath, 732 Sq Ft. Potentially could be an 8.3 cap rate. All appliances in both units. Fully fenced large backyard. Units are 606 & 608 E Division Ln. 2 Car Garage off of Alley. At $76 per sq ft, you can't beat the price. Continue renting one unit & live in the other unit for less then renting.

Last Agent to Sell the Property

Jacob Jezek

Windermere Prof Partners License #82793 Listed on: 09/02/2016

Windermere Prof Partners

Last Buyer's Agent

Annemarie Sumeri

Champions Real Estate License #32246

Champions Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1007282

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,563

Year Built

  • Built in 1951

Lot Details

  • 6,468 Sq Ft Lot
  • Property is Fully Fenced
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,940 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces

Community Details

  • Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7470010830

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,563

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1951
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2940
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement

Exterior Features

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

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: No
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: TPU
  • WaterSewerGarbage: 2000

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 7470010830
  • Lot Size Acres: 0.1485
  • Lot Size Sq Ft: 6468
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,Shop
  • MLSLotSizeSource: Tax Records
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 127
  • LeasedItems: Furnace/Burner,None
  • TotalMonthlyIncome: 1845

Multi Family

  • Gross Scheduled Income: 22140
  • Net Operating Income: 16977
  • Number Of Units Total: 2
  • Insurance Expense: 600
  • Leasable Area: 2340
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2016
  • Tax Annual Amount: 2563

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2016
Closed on
Nov 17, 2016
Sold by
Fcr Enterprises Llc
Bought by
Sumeri Annemarie and Shuey Kent O
Seller's Agent
Jacob Jezek
Windermere Prof Partners
Buyer's Agent
Annemarie Sumeri
Champions Real Estate
List Price
$225,000
Sold Price
$214,000
Premium/Discount to List
-$11,000
-4.89%
Current Estimated Value
$543,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,587
Avg. Annual Appreciation
11.07%

Purchase Details

Closed on
Jul 18, 2016
Sold by
Harper Lee A
Bought by
Fcr Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
3.56%
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
Sumeri Annemarie $213,719 Attorneys Title Of Washingto
Fcr Enterprises Llc $329,719 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fcr Enterprises Llc $330,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2016 11/22/16 Sold $214,000 -4.9% $73 / Sq Ft
10/27/2016 10/27/16 Pending -- -- --
09/29/2016 09/29/16 Price Changed $225,000 0.0% $77 / Sq Ft
09/29/2016 09/29/16 For Sale $225,000 -4.3% $77 / Sq Ft
09/22/2016 09/22/16 Pending -- -- --
09/02/2016 09/02/16 For Sale $234,995 -- $80 / 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 $5,409 $513,200 $186,700 $326,500
2024 $5,409 $517,100 $179,600 $337,500
2023 $5,409 $485,900 $167,300 $318,600
2022 $4,479 $488,200 $166,900 $321,300
2021 $4,308 $342,700 $104,300 $238,400
2019 $3,219 $294,500 $86,900 $207,600
2018 $3,176 $247,500 $69,600 $177,900
2017 $2,663 $200,900 $53,600 $147,300
2016 $2,495 $151,900 $39,900 $112,000
2014 $2,019 $143,400 $38,700 $104,700
2013 $2,019 $122,600 $33,900 $88,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1007282

Northwest Multiple Listing Service (NWMLS)

APN: 747001-0830