Listed by Keller Williams Rty Tacoma, Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

Estimated Value: $630,411 - $698,000

5 Beds
3 Baths
2,579 Sq Ft
$260/Sq Ft Est. Value

Last Sold March 30, 2020

Last sale price $430,000 $167 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,974/month

97 Days on Market

Highlights

  • Wall to Wall Carpet
  • Stadium High School Rated A-
  • 2-minute walk to Neighbors Park

About This Home

As of March 2020

Remarkable Investment Opportunity with this Centrally Located Tacoma Tri-Plex. Unit 1 is 700 sq ft, 1 bdrm/1 bath & rents for $850 p/month. Unit 2 is 920 sq ft, 2 bdrms/2 baths & rents for $1,300 p/month. Unit 3 is 956 sq ft, 2 bdrms, 1 bath & rents for $1,100 p/month. Each tenant also pays $75 per month for water/sewer/garbage. All 3 units are tenant occupied. Do not disturb tenants. Interior access will be given upon mutual acceptance of an offer. An opportunity like this does not come often.

Last Agent to Sell the Property

Matthew Harber

Keller Williams Rty Tacoma License #25202 Listed on: 11/18/2019

Keller Williams Rty Tacoma

Co-Listed By

Guy Rowley

Keller Williams Rty Tacoma License #23862

Last Buyer's Agent

Aaron Nelson

Skyline Properties, Inc. License #127645

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1541885

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,523

Year Built

  • Built in 1900

Lot Details

  • 4,355

Home Design

  • Triplex
  • Composition Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • 2,579 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 3 Parking Spaces
  • Open Parking

Additional Features

  • 4,355 Sq Ft Lot
  • Natural Gas Connected

Community Details

  • Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2007160030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,523

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1900
  • Buyer Agency Compensation: 3.0%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2579
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Stone, Stucco
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Sewer Connected, Electric, Natural Gas Connected
  • WaterSewerGarbage: 4800

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 2007160030
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4355
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Tax Records/Realist
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 3250

Multi Family

  • Gross Scheduled Income: 41700
  • Net Operating Income: 31577
  • Number Of Units Total: 3
  • Insurance Expense: 1800
  • Leasable Area: 2579
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2019
  • Tax Annual Amount: 3523

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2023
Sold by
Sio Kin Meng and Sio Lijun
Bought by
Kin Sio And Lijun Yang Revocable Living Trust
Current Estimated Value
$671,353

Purchase Details

Listed on
Nov 18, 2019
Closed on
Mar 24, 2020
Sold by
Unsell Joseph
Bought by
Yang Lijun and Sio Kin Meng
Seller's Agent
Matthew Harber
Keller Williams Rty Tacoma
Buyer's Agent
Aaron Nelson
Skyline Properties, Inc.
List Price
$475,000
Sold Price
$430,000
Premium/Discount to List
-$45,000
-9.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.33%
Original Mortgage
$322,500
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2014
Sold by
Unsell Patricia
Bought by
Unsell Joseph

Purchase Details

Closed on
Nov 9, 2011
Sold by
Hsbc Bank Usa National Association
Bought by
Unsell Joseph and Unsell Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,275
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 5, 2010
Sold by
Palmer Kali
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Nov 14, 2002
Sold by
Webb B Douglas
Bought by
Palmer Kali

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
5.95%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 8, 2002
Sold by
Casper John
Bought by
Webb B Douglas and Webb Barbara J

Purchase Details

Closed on
Mar 30, 2000
Sold by
Webb B Douglas
Bought by
Casper John and Thornblade Amelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
8.3%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 16, 1998
Sold by
Wojcinski Kim C
Bought by
Webb B Douglas and Webb Barbara J
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
Kin Sio And Lijun Yang Revocable Living Trust -- --
Yang Lijun $430,000 Ticor
Unsell Joseph -- None Available
Unsell Joseph $98,000 Lsi Title Agency Inc
Hsbc Bank Usa National Association $148,500 None Available
Palmer Kali $70,000 --
Webb B Douglas $79,927 Chicago Title
Casper John $60,000 Chicago Title
Webb B Douglas $172,247 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yang Lijun $322,500
Previous Owner Unsell Joseph $150,275
Previous Owner Palmer Kali $52,500
Previous Owner Casper John $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2020 03/30/20 Sold $430,000 -9.5% $167 / Sq Ft
02/23/2020 02/23/20 Pending -- -- --
02/13/2020 02/13/20 For Sale $475,000 0.0% $184 / Sq Ft
01/17/2020 01/17/20 Pending -- -- --
01/08/2020 01/08/20 For Sale $475,000 0.0% $184 / Sq Ft
12/09/2019 12/09/19 Pending -- -- --
12/07/2019 12/07/19 For Sale $475,000 0.0% $184 / Sq Ft
12/03/2019 12/03/19 Pending -- -- --
11/18/2019 11/18/19 For Sale $475,000 -- $184 / 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 $5,094 $481,100 $220,900 $260,200
2024 $5,094 $487,100 $214,400 $272,700
2023 $5,094 $457,600 $203,000 $254,600
2022 $4,572 $471,800 $201,200 $270,600
2021 $4,175 $332,100 $104,200 $227,900
2019 $3,523 $305,400 $82,900 $222,500
2018 $2,960 $271,000 $72,600 $198,400
2017 $2,538 $187,200 $51,500 $135,700
2016 $2,280 $137,100 $36,100 $101,000
2014 $2,043 $131,000 $37,200 $93,800
2013 $2,043 $123,400 $37,200 $86,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1541885

Northwest Multiple Listing Service (NWMLS)

APN: 200716-0030