NOT LISTED FOR SALE

621 Pacific Ave Tacoma, WA 98402

Downtown Tacoma Neighborhood

Estimated Value: $7,319,988

-- Bed
-- Bath
7,647 Sq Ft
$957/Sq Ft Est. Value

About This Home

This home is located at 621 Pacific Ave, Tacoma, WA 98402 and is currently estimated at $7,319,988, approximately $957 per square foot. 621 Pacific Ave is a home located in Pierce County with nearby schools including McCarver Elementary School, Hilltop Heritage Middle School, and Stadium High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2023
Sold by
Tacoma Pacific Partners Llc
Bought by
Neighborhood Development Corp
Current Estimated Value
$7,319,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,800,000
Outstanding Balance
$3,253,116
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$3,949,363

Purchase Details

Closed on
May 28, 2008
Sold by
Podemski Benjamin and Podemski Barbi Leifert
Bought by
Tacoma Pacific Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,875,000
Interest Rate
5.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 17, 2008
Sold by
Podemski Paula
Bought by
Podemski Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,875,000
Interest Rate
5.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 16, 2008
Sold by
Podemski Esther
Bought by
Podemski Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,875,000
Interest Rate
5.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 13, 2006
Sold by
Podemski Max
Bought by
Podemski Benjamin

Purchase Details

Closed on
Mar 23, 2005
Sold by
One Pacific Building Llc
Bought by
Podemski Benjamin and Podemski Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.53%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 5, 2002
Sold by
Sportelli Domenic J
Bought by
One Pacific Building Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,135,000
Interest Rate
6.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 29, 1999
Sold by
One Pacific Associates
Bought by
Sportelli Domenic J and Sportelli Louise S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$915,000
Interest Rate
7.82%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Neighborhood Development Corp $7,000,000 First American Title Insurance
Tacoma Pacific Partners Llc -- None Available
Podemski Benjamin $1,188,000 Accommodation
Podemski Benjamin $924,000 Accommodation
Podemski Benjamin $85,000 Pnwt
Podemski Benjamin $3,100,000 --
Podemski Esther -- --
One Pacific Building Llc -- --
Sportelli Domenic J $1,948,692 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neighborhood Development Corp $3,800,000
Previous Owner Tacoma Pacific Partners Llc $2,450,000
Previous Owner Tacoma Pacific Partners Llc $2,733,000
Previous Owner Tacoma Pacific Partners Llc $2,875,000
Previous Owner Podemski Benjamin $2,000,000
Previous Owner One Pacific Building Llc $1,135,000
Previous Owner Sportelli Domenic J $915,000
Source: Public Records

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 $45,910 $3,986,400 $1,634,900 $2,351,500
2024 $45,910 $3,719,100 $1,539,700 $2,179,400
2023 $45,910 $4,132,400 $1,539,700 $2,592,700
2022 $42,891 $3,935,600 $1,539,700 $2,395,900
2021 $44,838 $3,575,800 $1,886,000 $1,689,800
2019 $40,119 $3,250,800 $1,714,600 $1,536,200
2018 $42,401 $3,093,900 $1,489,000 $1,604,900
2017 $43,244 $2,689,500 $767,000 $1,922,500
2016 $46,535 $2,689,500 $767,000 $1,922,500
2014 $46,964 $2,681,500 $626,700 $2,054,800
2013 $46,964 $2,681,500 $626,700 $2,054,800
Source: Public Records

Map

Washington Pierce County Tacoma 98402 Downtown Tacoma

621 Pacific Ave, Tacoma, WA

This home is located at 621 Pacific Ave, Tacoma, WA 98402 and is currently estimated at $7,319,988, approximately $957 per square foot. 621 Pacific Ave is a home located in Pierce County with nearby schools including McCarver Elementary School, Hilltop Heritage Middle School, and Stadium High School.

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