Listed by Jason Mitchell Real Estate WA, Bought with Windermere Prof Partners
NOT LISTED FOR SALE

6602 S Madison St Unit 6604 Tacoma, WA 98409

South Tacoma Neighborhood

Estimated Value: $509,237 - $575,000

4 Beds
2 Baths
1,768 Sq Ft
$304/Sq Ft Est. Value

Last Sold February 09, 2017

Last sale price $220,000 $124 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $3,304/month

77 Days on Market

Highlights

  • Territorial View
  • Thermal Windows
  • Wall to Wall Carpet
  • Corner Lot
  • Wood Siding
  • 1-Story Property

About This Home

As of February 2017

One of Two available adjacent duplex units located directly across the street from the Boys & Girls Club & Star Center. These 2bd/1ba units are in an outstanding community location with off street parking, newer composite roofs, W/D hook ups, fully occupied and all set for an investor to take advantage of rising area rents. Please see MLS #1040656 for complimenting duplex unit with shared courtyard. Buyer & SA shall verify all information to their own satisfaction, subj to tenant rights.

Last Agent to Sell the Property

Tim Tilbury

Jason Mitchell Real Estate WA License #89616 Listed on: 11/07/2016

Last Buyer's Agent

Tiffani Tainer

Windermere Prof Partners

Windermere Prof Partners

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1040657

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,310

Year Built

  • Built in 1975

Lot Details

  • 10,440 Sq Ft Lot
  • Corner Lot

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,768 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • Open Parking

Community Details

  • Villa Park Condos
  • South Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9260000281

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,310

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1975
  • Buyer Agency Compensation: 3%*
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Villa Park
  • New Construction: No
  • CalculatedSquareFootage: 1768
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: Please follow MLS showing instructions
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

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

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 9260000281
  • Lot Size Acres: 0.2397
  • Lot Size Sq Ft: 10440
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 1550

Multi Family

  • Gross Scheduled Income: 18600
  • Number Of Units Total: 2
  • Leasable Area: 1768
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2016
  • Tax Annual Amount: 2310

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2016
Closed on
Feb 8, 2017
Sold by
Tang Lai
Bought by
Welby Timothy M
Seller's Agent
Tim Tilbury
Jason Mitchell Real Estate WA
Buyer's Agent
Tiffani Tainer
Windermere Prof Partners
List Price
$225,000
Sold Price
$220,000
Premium/Discount to List
-$5,000
-2.22%
Current Estimated Value
$537,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,309
Avg. Annual Appreciation
9.90%

Purchase Details

Closed on
Nov 24, 2004
Sold by
Gaskill Lara
Bought by
Tang Lai H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,200
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 26, 2002
Sold by
Smith Paige
Bought by
Gaskill Brian M and Gaskill Laura A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,955
Interest Rate
6.12%

Purchase Details

Closed on
Apr 24, 2002
Sold by
Cls Properties Llc
Bought by
Smith Paige and Smith Tammy

Purchase Details

Closed on
Nov 11, 1996
Sold by
Beneficial Washington Inc
Bought by
Puget Sound Investment Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,800
Interest Rate
7.88%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 3, 1995
Sold by
Benson Eric G and Benson Sandra L
Bought by
Beneficial Washington Inc and Beneficial Mtg Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
7.92%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 29, 1995
Sold by
Benson Eric G and Benson Sandra L
Bought by
Sanghera Joga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
7.92%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 27, 1994
Sold by
Rai Satnam S
Bought by
Benson Eric G and Benson Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,700
Interest Rate
8.6%
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
Welby Timothy M $219,719 F A T C O
Tang Lai H $174,000 Lawyers Title Agency Of Sout
Gaskill Brian M $139,950 Chicago Title Insurance Co
Smith Paige $200,000 First American Title Ins Co
Puget Sound Investment Group Inc $290,849 Chicago Title Insurance Co
Beneficial Washington Inc $71,009 Chicago Title
Sanghera Joga -- Transamerica Title Services
Benson Eric G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tang Lai H $139,200
Previous Owner Gaskill Brian M $125,955
Previous Owner Puget Sound Investment Group Inc $224,800
Previous Owner Sanghera Joga $99,000
Previous Owner Benson Eric G $63,700
Closed Tang Lai H $17,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2017 02/09/17 Sold $220,000 -2.2% $124 / Sq Ft
01/24/2017 01/24/17 Pending -- -- --
11/07/2016 11/07/16 For Sale $225,000 -- $127 / 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 $4,782 $460,000 $231,200 $228,800
2024 $4,782 $463,700 $223,400 $240,300
2023 $4,782 $429,500 $213,700 $215,800
2022 $4,112 $408,200 $205,300 $202,900
2021 $3,800 $302,200 $129,000 $173,200
2019 $2,983 $274,300 $105,600 $168,700
2018 $2,974 $229,300 $91,900 $137,400
2017 $2,474 $188,100 $62,100 $126,000
2016 $2,208 $136,800 $43,000 $93,800
2014 $2,153 $126,900 $41,000 $85,900
2013 $2,153 $116,400 $41,000 $75,400
Source: Public Records

Agents Affiliated with this Home

  • Tim Tilbury

    Seller's Agent in 2017

    Tim Tilbury

    Jason Mitchell Real Estate WA

    (206) 854-1910

    84 Total Sales

    Tim Tilbury
    Section Image

  • T

    Buyer's Agent in 2017

    Tiffani Tainer

    Windermere Professional Partners

    (253) 565-1189

    2 Total Sales

    Tiffani Tainer
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1040657

Northwest Multiple Listing Service (NWMLS)

APN: 926000-0281

Washington Pierce County Tacoma 98409 South Tacoma

6602 S Madison St Unit 6604, Tacoma, WA

This home is located at 6602 S Madison St Unit 6604, Tacoma, WA 98409 since 07 November 2016 and is currently estimated at $537,309, approximately $303 per square foot. This property was built in 1975. 6602 S Madison St Unit 6604 is a home located in Pierce County with nearby schools including Manitou Park Elementary School, Gray Middle School, and Mount Tahoma 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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