Listed by Signature Service RE Olympia, Bought with Commencement Bay Brokers LLC
NOT LISTED FOR SALE

709 S Tyler St Unit 711 Tacoma, WA 98405

Central Tacoma Neighborhood

Estimated Value: $472,000 - $585,000

2 Beds
2 Baths
1,430 Sq Ft
$365/Sq Ft Est. Value

Last Sold November 09, 2022

Last sale price $490,000 $343 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,193/month

5 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • Property is Fully Fenced
  • No HOA
  • High Speed Internet
  • 1-Story Property

About This Home

As of November 2022

Looking for an opportunity to dive into investing with Real Estate? Here is your chance! One block from 6th Ave is this adorable brick duplex located on a dead-end street on a huge lot. This 1430 total sqft rambler has a detached two car brick garage as well. Each side is a one bedroom, one bathroom unit, with it's own laundry and large privately fenced yard. The two-car garage is also separated, so each tenant can have their own garage space. Their current tenants are on month-to-month leases meaning you could move in one side at closing and rent the other out or rent both sides out, the possibilities are endless!

Last Agent to Sell the Property

Tiffany Guiles

Signature Service RE Olympia License #111942 Listed on: 10/19/2022

Signature Service RE Olympia

Co-Listed By

Kirstyn Sluyter

Windermere Prof Partners License #140793

Last Buyer's Agent

Mark Pinto

Commencement Bay Brokers LLC License #106087

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2009155

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,597

Year Built

  • Built in 1950

Lot Details

  • 9,000 Sq Ft Lot
  • Street terminates at a dead end
  • Property is Fully Fenced

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 1,430 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

  • Delong Elementary School

Additional Features

  • Patio
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Central Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 348000-014-3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,597

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1950
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1430
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl
  • Interior Amenities: Ceramic Tile, Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Curbs, Dead End Street, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Brick
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: TPU
  • WaterSewerGarbage: 2400

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 348000-014-3
  • Lot Size Acres: 0.2066
  • Lot Size Sq Ft: 9000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,High Speed Internet,Patio
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 20.4
  • LeasedItems: None
  • TotalMonthlyIncome: 1940

Multi Family

  • Gross Scheduled Income: 23280
  • Net Operating Income: 13538
  • Number Of Units Total: 2
  • Electric Expense: 1920
  • Insurance Expense: 825
  • Leasable Area: 1430
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2022
  • Tax Annual Amount: 4597

MLS Schools

  • Elementary School: Delong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2022
Closed on
Nov 4, 2022
Sold by
Karapelian Kelli
Bought by
Chavez Luis and Chavez Lonnie
Seller's Agent
Tiffany Guiles
Signature Service RE Olympia
Buyer's Agent
Mark Pinto
Commencement Bay Brokers LLC
List Price
$475,000
Sold Price
$490,000
Premium/Discount to List
$15,000
3.16%
Current Estimated Value
$521,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,667
Avg. Annual Appreciation
2.19%

Purchase Details

Listed on
Apr 18, 2015
Closed on
May 25, 2015
Sold by
Morones Denise E
Bought by
Peterson Kelli
Seller's Agent
Jeff Allen
Better Properties UP/Fircrest
Buyer's Agent
Kent Beahler
HomeSmart Real Estate Assoc
List Price
$179,000
Sold Price
$179,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.47%
Original Mortgage
$175,757
Interest Rate
3.64%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 22, 2004
Sold by
Manthou Chris M
Bought by
Morones Denise E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage
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
Chavez Luis -- Commonwealth Land Title
Peterson Kelli $178,719 Fidelity Natl Title Co Of Wa
Morones Denise E $140,000 Transnation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peterson Kelli $175,757
Previous Owner Morones Denise E $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/09/2022 11/09/22 Sold $490,000 +3.2% $343 / Sq Ft
10/24/2022 10/24/22 Pending -- -- --
10/19/2022 10/19/22 For Sale $475,000 +165.4% $332 / Sq Ft
05/29/2015 05/29/15 Sold $179,000 0.0% $125 / Sq Ft View Prior Sale
04/22/2015 04/22/15 Pending -- -- --
04/18/2015 04/18/15 For Sale $179,000 -- $125 / 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 $5,118 $523,700 $260,100 $263,600
2024 $5,118 $527,700 $250,700 $277,000
2023 $5,118 $459,700 $241,200 $218,500
2022 $4,597 $473,200 $240,400 $232,800
2021 $4,496 $357,700 $152,700 $205,000
2019 $3,593 $312,000 $129,200 $182,800
2018 $3,820 $276,400 $113,100 $163,300
2017 $3,313 $241,800 $87,000 $154,800
2016 -- $190,600 $63,500 $127,100
2014 $2,805 $180,800 $55,600 $125,200
2013 $2,805 $165,300 $52,400 $112,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2009155

Northwest Multiple Listing Service (NWMLS)

APN: 348000-0143