Listed by Windermere Real Estate/East, Bought with Realogics Sotheby's Int'l Rlty
NOT LISTED FOR SALE

6429 Pacific Ave Unit 1-4 Tacoma, WA 98408

Eastside Neighborhood

Estimated Value: $920,450 - $1,006,000

10 Beds
4 Baths
4,766 Sq Ft
$202/Sq Ft Est. Value

Last Sold April 29, 2021

Last sale price $790,000 $166 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,819/month

2 Days on Market

Highlights

  • 0.29 Acre Lot
  • Cul-De-Sac
  • Wood Siding
  • Bamboo Flooring
  • Tankless Water Heater

About This Home

As of April 2021

Beautiful brick Tudor four-plex with great curb appeal! Sits on an extra large level lot, close to local amenities & grocery stores, with convenient access to highways and near future Tacoma BRT expansion. Fully occupied, cash flowing & professionally managed. One unit recently rented at market rate & other 3 have room for rent increases to bring total monthly income to $5000+. Features two 2 bed/1 bath units, one 3 bed/1 bath unit & one extra large 3 bed/1.5 bath unit with basement. Largest unit has W/D, & other 3 units share coin op. laundry for extra monthly income. Sewer line replaced in 2017 & new furnace in largest unit installed 2020.Don't miss this high demand investment opportunity or live in one & rent out the rest!

Last Agent to Sell the Property

Marene Wiley

Windermere Real Estate/East License #134122 Listed on: 03/24/2021

Windermere Real Estate/East

Co-Listed By

Kyle Frick

John L. Scott, Inc License #112880

Last Buyer's Agent

Amnon Bruck

Realogics Sotheby's Int'l Rlty License #27613

Realogics Sotheby's Int'l Rlty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1747875

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,734

Year Built

  • Built in 1949

Lot Details

  • 0.29 Acre Lot
  • Cul-De-Sac

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Block Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,766 Sq Ft Home
  • 2-Story Property

Flooring

  • Bamboo
  • Wood
  • Wall to Wall Carpet
  • Concrete

Parking

  • 6 Parking Spaces
  • Open Parking

Utilities

  • Tankless Water Heater

Community Details

  • Hillsdale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 661500-155-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,734

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1949
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4766
  • SOCComments: Thank you!
  • Special Features: None
  • Cumulative Days on Market: 358

Interior Features

  • Fireplace: No
  • Flooring: Bamboo/Cork, Concrete, Hardwood, Carpet
  • Interior Amenities: Forced Air, Tankless Water Heater, Concrete, Hardwood, Wall to Wall Carpet, Bamboo/Cork
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Foundation Details: Block
  • Structure Type: Quadruplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric, Natural Gas Connected
  • WaterSewerGarbage: 6798

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 661500-155-0
  • Lot Size Acres: 0.287
  • Lot Size Sq Ft: 12500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Assessor

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 4645

Multi Family

  • Gross Scheduled Income: 54840
  • Net Operating Income: 34765
  • Number Of Units Total: 4
  • Electric Expense: 510
  • Insurance Expense: 1819
  • Leasable Area: 5050
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2020
  • Tax Annual Amount: 7734

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2021
Closed on
Apr 28, 2021
Sold by
Lemm Drake and Wiley Marene
Bought by
Zamir Gal
Seller's Agent
Marene Wiley
Windermere Real Estate/East
Buyer's Agent
Amnon Bruck
Realogics Sotheby's Int'l Rlty
List Price
$734,800
Sold Price
$790,000
Premium/Discount to List
$55,200
7.51%
Current Estimated Value
$963,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,225
Avg. Annual Appreciation
4.64%
Original Mortgage
$592,500
Outstanding Balance
$538,420
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$423,018

Purchase Details

Listed on
Mar 24, 2021
Closed on
Apr 20, 2021
Sold by
Zamir Leah Rochelle
Bought by
Zamir Gal
Seller's Agent
Marene Wiley
Windermere Real Estate/East
Buyer's Agent
Amnon Bruck
Realogics Sotheby's Int'l Rlty
List Price
$734,800
Sold Price
$790,000
Premium/Discount to List
$55,200
7.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,500
Outstanding Balance
$538,420
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$423,018

Purchase Details

Closed on
Aug 31, 2016
Sold by
Snell John K
Bought by
Lemm Drake

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,301
Interest Rate
3.48%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 27, 2013
Sold by
Juengling Snell Janet Catherina
Bought by
Snella John

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
4.33%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 12, 2008
Sold by
Perkins Linda J
Bought by
Perkins Herman Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,500
Interest Rate
6.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 23, 2008
Sold by
Kuriatnyk Paul M
Bought by
Robison Christopher and Ede Michael

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
6.49%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 22, 2007
Sold by
Guthrie Jody
Bought by
Kuriatnyk Paul M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
10.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 1, 2004
Sold by
Reed Susan
Bought by
Guthrie Jody

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 1, 2003
Sold by
Madsen Barbara
Bought by
Guthrie Jody and Reed Susan

Purchase Details

Closed on
Aug 5, 2002
Sold by
Hagen Robert E
Bought by
Guthrie Jody and Reed Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 1, 2001
Sold by
Bohannon Gerald R
Bought by
Hagen Robert E and Hagen Vinh L
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
Zamir Gal $790,000 Wfg National Title
Zamir Gal -- None Available
Lemm Drake $393,219 First American Title Ins Co
Snella John -- Stewart Title
Snell John $330,000 Stewart Title
Perkins Herman Lee -- Pioneer Title Company Of Thu
Perkins Herman Lee $69,333 Pioneer Title Company Of Thu
Robison Christopher $240,000 Fatco
Kuriatnyk Paul M $400,000 Lawyers Title
Guthrie Jody $90,000 Pnwt
Guthrie Jody $69,066 Pnwt
Guthrie Jody -- Pnwt
Guthrie Jody $200,000 --
Hagen Robert E $88,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zamir Gal $592,500
Previous Owner Lemm Drake $392,000
Previous Owner Lemm Drake $386,301
Previous Owner Snell John $330,000
Previous Owner Perkins Herman Lee $230,500
Previous Owner Robison Christopher $208,000
Previous Owner Kuriatnyk Paul M $360,000
Previous Owner Guthrie Jody $289,500
Previous Owner Guthrie Jody $200,000
Previous Owner Guthrie Jody $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2021 04/29/21 Sold $790,000 +7.5% $166 / Sq Ft
03/26/2021 03/26/21 Pending -- -- --
03/24/2021 03/24/21 For Sale $734,800 -- $154 / 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 $6,857 $675,900 $208,800 $467,100
2024 $6,857 $654,600 $201,100 $453,500
2023 $6,857 $616,300 $191,500 $424,800
2022 $9,458 $921,500 $184,400 $737,100
2021 $8,682 $691,600 $117,400 $574,200
2019 $6,342 $571,700 $97,100 $474,600
2018 $6,495 $488,400 $78,600 $409,800
2017 $5,548 $411,500 $64,900 $346,600
2016 $4,853 $295,500 $48,500 $247,000
2014 $3,894 $279,300 $45,800 $233,500
2013 $3,894 $238,800 $40,300 $198,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1747875

Northwest Multiple Listing Service (NWMLS)

APN: 661500-1550