Listed by eXp Realty, Bought with COMPASS
NOT LISTED FOR SALE

Estimated Value: $371,000 - $467,581

3 Beds
2 Baths
1,568 Sq Ft
$270/Sq Ft Est. Value

Last Sold April 03, 2024

Last sale price $410,000 $261 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,616/month

12 Days on Market

Highlights

  • Corner Lot
  • Partially Fenced Property
  • Wall to Wall Carpet
  • No HOA

About This Home

As of April 2024

In a quiet residential area, this duplex is a great opportunity for an investor or multi-generational living. Both units offer 2 beds/1 bath & individual laundry with a large partially fenced yard. Detached garage previously rented with lower unit. Conveniently located near busline, shopping, dining, UW Tacoma, hospitals, & freeways. Has maintained close to 100% occupancy for 12 yrs. New Middle Housing Laws allow detached garage to be a DADU (see HB 1137) or 2 ADU's allowed due to Urban Growth Area. Also allowable, per HB 1337, new multi-family construction of at least 6 units (section 3(b)) - Buyer to verify.

Last Agent to Sell the Property

Danette Abraham

eXp Realty License #111183 Listed on: 02/28/2024

eXp Realty

Last Buyer's Agent

John Loomis Hamilton

COMPASS License #21014956

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2202822

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,728

Year Built

  • Built in 1948

Lot Details

  • 5,100 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot
  • Property is in average condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,568 Sq Ft Home
  • 2-Story Property
  • Wall to Wall Carpet

Parking

  • 2 Parking Spaces
  • 1 Covered Space
  • Open Parking

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • Se Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 66150022040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,728

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1948
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1568
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 342

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: Tacoma Public Utility
  • SewerCompany: Tacoma Public Utility
  • WaterCompany: Tacoma Public Utility
  • WaterSewerGarbage: 3300

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Tacoma
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 66150022040
  • Lot Size Acres: 0.1171
  • Lot Size Sq Ft: 5100
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially
  • MLSLotSizeSource: Public Record
  • MLSSquareFootageSource: Public Record
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 11.27
  • LeasedItems: None
  • TotalMonthlyIncome: 2950

Multi Family

  • Gross Scheduled Income: 35400
  • Net Operating Income: 27753
  • Number Of Units Total: 2
  • Insurance Expense: 854
  • Leasable Area: 1568
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: true
  • VacancyRate: 2

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3728

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2024
Closed on
Apr 1, 2024
Sold by
Ponraj Edson and Ponraj Lisa
Bought by
Otaki Cary
Seller's Agent
Danette Abraham
eXp Realty
Buyer's Agent
John Loomis Hamilton
COMPASS
List Price
$399,000
Sold Price
$410,000
Premium/Discount to List
$11,000
2.76%
Views
40
Current Estimated Value
$414,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,327
Avg. Annual Appreciation
-1.64%
Original Mortgage
$369,000
Outstanding Balance
$364,182
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$36,786

Purchase Details

Closed on
Nov 22, 2011
Sold by
Cho Savath A and Peung Ruombun
Bought by
Ponraj Edson and Ponraj Lisa

Purchase Details

Closed on
Mar 6, 2007
Sold by
Chau Sang
Bought by
Peung Ruombun and Cho Savath A
Source: Public Records

Range of Values:

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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
Otaki Cary $410,000 Ticor Title
Ponraj Edson $90,000 First American Title Ins Co
Peung Ruombun $54,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otaki Cary $369,000
Previous Owner Ponraj Edson $108,750
Previous Owner Cho Savath A $195,900
Previous Owner Cho Savath A $43,200
Previous Owner Sang Chau $15,000
Previous Owner Chau Sang $55,000
Closed Ponraj Edson $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2024 04/03/24 Sold $410,000 +2.8% $261 / Sq Ft
03/11/2024 03/11/24 Pending -- -- --
03/06/2024 03/06/24 For Sale $399,000 0.0% $254 / Sq Ft
02/29/2024 02/29/24 Pending -- -- --
02/28/2024 02/28/24 For Sale $399,000 -- $254 / 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 $4,171 $397,600 $182,800 $214,800
2024 $4,171 $401,100 $176,100 $225,000
2023 $4,171 $374,500 $167,700 $206,800
2022 $3,409 $358,700 $155,800 $202,900
2021 $3,123 $248,200 $99,300 $148,900
2019 $2,372 $210,700 $82,000 $128,700
2018 $2,468 $182,200 $66,400 $115,800
2017 $2,090 $156,000 $52,800 $103,200
2016 $1,912 $117,200 $39,500 $77,700
2014 $1,591 $109,800 $37,300 $72,500
2013 $1,591 $93,900 $32,800 $61,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2202822

Northwest Multiple Listing Service (NWMLS)

APN: 661500-2040