Listed by COMPASS, Bought with Windermere Central Sound
NOT LISTED FOR SALE

621 N Lawrence St Tacoma, WA 98406

North Tacoma Neighborhood

Estimated Value: $552,891 - $604,000

2 Beds
2 Baths
1,376 Sq Ft
$424/Sq Ft Est. Value

Last Sold June 08, 2021

Last sale price $495,000 $360 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,555/month

4 Days on Market

Highlights

  • Wood Flooring
  • Stadium High School Rated A-
  • Wood Siding

About This Home

As of June 2021

This 1906 Foursquare Duplex set between the University of Puget Sound and 6th Ave District makes for a great investment. Main floor unit has access to the patio and fenced yard, while the upstairs unit is equipped with their own balcony deck. Each unit features 1 bedroom, 1 bathroom. Basement has shared laundry and storage. This location is very walkable with a walk score of 88. So, take a pleasant stroll down the street to restaurants, shops and Coffee!

Last Agent to Sell the Property

Stephen Hsu

COMPASS License #23683 Listed on: 05/07/2021

COMPASS

Last Buyer's Agent

Ferrah Seifert

Windermere Central Sound License #136944

Windermere Central Sound

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1770263

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,634

Year Built

  • Built in 1906

Lot Details

  • 2,300 Sq Ft Lot

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 1,376 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Slate Flooring
  • Vinyl Plank

Community Details

  • Ups Subdivision

Listing and Financial Details

  • Assessor Parcel Number 324500-231-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,634

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1906
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1376
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Hardwood, Laminate, Slate, Vinyl Plank, Carpet
  • Interior Amenities: Hardwood, Laminate Tile, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked, Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Tacoma Public Utilities
  • SewerCompany: Tacoma Public Utilities
  • WaterCompany: Tacoma Public Utilities
  • WaterSewerGarbage: 1927

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 324500-231-0
  • Lot Size Acres: 0.0528
  • Lot Size Sq Ft: 2300
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 2758

Multi Family

  • Gross Scheduled Income: 33096
  • Net Operating Income: 25787
  • Number Of Units Total: 2
  • Insurance Expense: 748
  • Leasable Area: 1376
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 4634

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2021
Closed on
Jun 7, 2021
Sold by
Parks Derron R and Reaves Veronica
Bought by
Reaves Veronica
Seller's Agent
Stephen Hsu
COMPASS
Buyer's Agent
Ferrah Seifert
Windermere Central Sound
List Price
$449,950
Sold Price
$495,000
Premium/Discount to List
$45,050
10.01%
Current Estimated Value
$583,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,223
Avg. Annual Appreciation
3.87%
Original Mortgage
$478,479
Outstanding Balance
$433,203
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$150,020

Purchase Details

Closed on
Jul 11, 2019
Sold by
Richards John C and Richards Kathleen
Bought by
Six One Nine Llc

Purchase Details

Closed on
Nov 28, 2018
Sold by
Richards John C
Bought by
Richards John C and Richards Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2008
Sold by
Richards John C
Bought by
Richards John C and Richards Jo Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
6.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 1994
Sold by
Ragan Richard Kim
Bought by
Richards John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,423
Interest Rate
8.6%
Mortgage Type
FHA
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
Reaves Veronica -- Wfg National Title Company Of
Reaves Veronica -- Wfg National Title Company Of
Six One Nine Llc -- None Available
Richards John C -- Chicago Title
Richards John C -- Ticor
Richards John C -- Rainier Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reaves Veronica $478,479
Previous Owner Richards John C $208,000
Previous Owner Richards John C $203,000
Previous Owner Richards John C $87,423
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2021 06/08/21 Sold $495,000 +10.0% $360 / Sq Ft
05/11/2021 05/11/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $449,950 -- $327 / 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 $5,554 $553,800 $292,900 $260,900
2024 $5,554 $542,800 $275,000 $267,800
2023 $5,554 $499,000 $245,100 $253,900
2022 $4,813 $497,500 $269,900 $227,600
2021 $4,634 $368,700 $178,800 $189,900
2019 $3,995 $335,100 $148,500 $186,600
2018 $4,087 $307,400 $131,600 $175,800
2017 $3,530 $258,700 $109,700 $149,000
2016 $3,423 $205,000 $75,700 $129,300
2014 $2,863 $196,900 $70,800 $126,100
2013 $2,863 $178,700 $59,700 $119,000
Source: Public Records

Agents Affiliated with this Home

  • Stephen Hsu

    Seller's Agent in 2021

    Stephen Hsu

    COMPASS

    (253) 948-8900

    11 in this area

    96 Total Sales

    Stephen Hsu
    Section Image

  • F

    Buyer's Agent in 2021

    Ferrah Seifert

    Windermere Central Sound

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1770263

Northwest Multiple Listing Service (NWMLS)

APN: 324500-2310

Washington Pierce County Tacoma 98406 North Tacoma

621 N Lawrence St, Tacoma, WA

This home is located at 621 N Lawrence St, Tacoma, WA 98406 since 07 May 2021 and is currently estimated at $583,223, approximately $423 per square foot. This property was built in 1906. 621 N Lawrence St is a home located in Pierce County with nearby schools including Grant Elementary School, Mason Middle School, and Stadium 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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