Listed by Tran Property Group
$555,000
SOLD MAY 21, 2021
-- Bed
-- Bath
1,584 Sq Ft
0.59 Acres

Recently Sold

$350 Per Sq Ft

1% Above List Price

Highlights

  • RV Access or Parking
  • Secluded Lot
  • Limited Views
  • 0.59 Acre Lot
  • Wood Flooring
  • Gated Home

About This Home

As of June 2024

Perfect duplex for a first time multifamily owner operator. 2 homes for the price of 1! Consistently rented, adorable homes w/ separate electric meters, legal & conforming dwellings w/ fenced yards. Two conforming units on one lot. New septic systems. New pex plumbing, electrical, windows, and roof. Front 2 bedroom home has new vinyl windows & hardwood floors rents for $1950. Tenants ready to renew. 2 bed in back w/ bath rents between $1900-$2000 depending on pets. Back unit left vacant for owner to live or rent out. Fresh pain and carpet on back unit. many upgrades including, new fencing, septic upgrades and electrical and much much more. Detached garage makes a perfect shop. Close to many amenities such as shopping, golf & restaurants

Last Agent to Sell the Property

Ryan Wong

Tran Property Group License #101441 Listed on: 04/01/2021

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1751520

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,965

Year Built

  • Built in 1935

Lot Details

  • 0.59 Acre Lot
  • Gated Home
  • Property is Fully Fenced
  • Secluded Lot
  • Property is in average condition

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,584 Sq Ft Home
  • 1-Story Property
  • Limited Views

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking
  • RV Access or Parking

Schools

  • Manitou Park Elementary School
  • Gray Middle School
  • Mt Tahoma High School

Utilities

  • Septic Tank
  • Septic System

Community Details

  • Manitou Acre Tracts Condos
  • Manitou Subdivision

Listing and Financial Details

  • Legal Lot and Block 6 / 24
  • Assessor Parcel Number 5455000210

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,965

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1935
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Manitou Acre Tracts
  • New Construction: No
  • CalculatedSquareFootage: 1584
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Hardwood, Laminate, Carpet
  • Interior Amenities: Forced Air, Hardwood, Wall to Wall Carpet, Laminate
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Partial
  • Lot Features: Secluded
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Post & Pillar
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Security: SecurityGate, PartiallyFenced
  • Utilities: Septic System, Electric
  • PowerCompany: TPU
  • SewerCompany: Septic
  • WaterCompany: TPU
  • WaterSewerGarbage: 1777

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Tacoma
  • High School: Mt Tahoma
  • Middle Or Junior School: Gray

Lot Info

  • Parcel Number: 5455000210
  • Lot Size Acres: 0.5893
  • Lot Size Sq Ft: 25670
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,Gated Entry,RV Parking
  • MLSLotSizeSource: PCR
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family
  • LotNumber: 6

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 3950

Multi Family

  • Gross Scheduled Income: 47000
  • Net Operating Income: 36185
  • Number Of Units Total: 2
  • Electric Expense: 4800
  • Insurance Expense: 1930
  • Leasable Area: 1584
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2019
  • Tax Annual Amount: 4965

MLS Schools

  • Elementary School: Manitou Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2024
Closed on
May 20, 2024
Sold by
Abbott Joseph K and Abbott John K
Bought by
Dau Llc
Seller's Agent
Lorraine Dill
John L. Scott, Inc.
Buyer's Agent
Sofia Epps
eXp Realty
List Price
$145,000
Sold Price
$140,000
Premium/Discount to List
-$5,000
-3.45%
Views
137
Current Estimated Value
$303,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,729
Avg. Annual Appreciation
90.64%

Purchase Details

Closed on
Mar 12, 2019
Sold by
Abbott Eleanor M
Bought by
Abbott John K and Abbott Joseph K

Purchase Details

Closed on
Jun 28, 2016
Sold by
Eleanor M Abbott
Bought by
Mathisen Monika and Mathisen Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,547
Interest Rate
3.56%

Purchase Details

Closed on
Jul 16, 2015
Sold by
Abbott Eleanor M
Bought by
Davis Diana L

Purchase Details

Listed on
Mar 31, 2015
Closed on
Apr 15, 2015
Sold by
Langlow Leslie S
Bought by
Abbott Eleanor
Seller's Agent
Susan Krueger
Coldwell Banker Danforth
Buyer's Agent
Heidi North
Keller Williams Realty PS
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.46%

Purchase Details

Closed on
May 4, 1999
Sold by
Langlow Leslie Sebastian
Bought by
Langlow Leslie S and Langlow Margaret R
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 Type Sale Price Title Company
Warranty Deed $140,000 Rainier Title
Interfamily Deed Transfer -- None Available
Deed -- --
Warranty Deed -- None Available
Warranty Deed $149,719 Fidelity Natl Title Co Of Wa
Interfamily Deed Transfer -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $185,547 No Value Available
Previous Owner -- No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2024 06/20/24 Sold $140,000 -3.4% $152 / Sq Ft
05/17/2024 05/17/24 Pending -- -- --
03/17/2024 03/17/24 For Sale $145,000 -61.3% $158 / Sq Ft
12/16/2022 12/16/22 Sold $375,000 0.0% $408 / Sq Ft
12/16/2022 12/16/22 For Sale $375,000 -32.4% $408 / Sq Ft
05/21/2021 05/21/21 Sold $555,000 +0.9% $350 / Sq Ft
04/07/2021 04/07/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $550,000 +29.4% $347 / Sq Ft
11/12/2019 11/12/19 Sold $425,000 0.0% $224 / Sq Ft
09/10/2019 09/10/19 Pending -- -- --
09/05/2019 09/05/19 For Sale $425,000 0.0% $224 / Sq Ft
08/30/2019 08/30/19 Pending -- -- --
08/25/2019 08/25/19 For Sale $425,000 0.0% $224 / Sq Ft
08/21/2019 08/21/19 Pending -- -- --
06/25/2019 06/25/19 Price Changed $425,000 -2.3% $224 / Sq Ft
04/30/2019 04/30/19 For Sale $435,000 0.0% $229 / Sq Ft
04/22/2019 04/22/19 Pending -- -- --
04/12/2019 04/12/19 For Sale $435,000 +190.0% $229 / Sq Ft
04/27/2015 04/27/15 Sold $150,000 0.0% $95 / Sq Ft
04/14/2015 04/14/15 Pending -- -- --
03/31/2015 03/31/15 For Sale $150,000 -- $95 / 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 $1,961 $124,000 $124,000 --
2024 $1,961 $183,600 $183,600 --
2023 $1,961 $175,600 $175,600 $0
2022 $968 $101,600 $101,600 $0
2021 $810 $63,800 $63,800 $0
2019 $599 $52,200 $52,200 $0
2018 $988 $45,500 $45,500 $0
2017 $181 $62,200 $62,200 $0
2016 -- $9,000 $9,000 $0
2014 $180 $8,600 $8,600 $0
2013 $180 $8,600 $8,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1751520

Northwest Multiple Listing Service (NWMLS)

APN: 545500-0200