Listed by Summit Properties NW LLC, Bought with John L. Scott Lacey
NOT LISTED FOR SALE

716 Yakima Park Ave S Tacoma, WA 98405

Hilltop Neighborhood

Estimated Value: $367,000 - $676,000

5 Beds
3 Baths
2,096 Sq Ft
$229/Sq Ft Est. Value

Last Sold April 22, 2015

Last sale price $170,000 $81 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $2,930/month

3 Days on Market

Highlights

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

About This Home

As of April 2015

Near downtown Tacoma, Wright Park, hospitals, on bus line. Two buildings: a 2-bd house, a duplex in the back with: a 2-bd apt with vaulted ceilings, a studio apt, and a two 1-car attached garages. Live in one unit and have the rentals pay your mortgage. Use rental income to qualify for a loan by adding it to your income! Laundry room in the 2-bd house. Internal inspection of rented units with accepted offer; 24 hrs notice to tenants required. Unit(s) A & B currently rented.

Last Agent to Sell the Property

Rita Andreeva

Summit Properties NW LLC License #112663 Listed on: 02/19/2015

Summit Properties NW LLC

Last Buyer's Agent

Quincy Qualls

John L. Scott Lacey License #97492

John L. Scott Lacey

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 745093

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,456

Year Built

  • Built in 1923

Lot Details

  • 3,250 Sq Ft Lot
  • Property is in average condition

Property Views

  • City
  • Territorial
  • Limited

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,096 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces

Community Details

  • Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2007160060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,456

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1923
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2096
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Tile
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: City, Partial, Territorial
  • Lot Features: Alley, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: No
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: TPU
  • WaterSewerGarbage: 3600

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 2007160060
  • Lot Size Acres: 0.0746
  • Lot Size: 3250
  • Lot Size Sq Ft: 3250
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: public records

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 7
  • LeasedItems: None
  • TotalMonthlyIncome: 2325

Multi Family

  • Gross Scheduled Income: 25200
  • Net Operating Income: 21000
  • Number Of Units Total: 3
  • Electric Expense: 3000
  • Insurance Expense: 1200
  • Leasable Area: 2096
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2015
  • Tax Annual Amount: 2456

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2018
Sold by
Somac 716 Yakima Llc
Bought by
Ngo Anh Vu and Li Dorothy
Current Estimated Value
$480,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,375
Outstanding Balance
$270,757
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$209,639

Purchase Details

Listed on
Feb 19, 2015
Closed on
Jun 15, 2015
Sold by
Liebtag Jonathan
Bought by
Somac 716 Yakima Llc
Seller's Agent
Rita Andreeva
Summit Properties NW LLC
Buyer's Agent
Quincy Qualls
John L. Scott Lacey
List Price
$179,000
Sold Price
$170,000
Premium/Discount to List
-$9,000
-5.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.39%

Purchase Details

Listed on
Feb 19, 2015
Closed on
Apr 15, 2015
Sold by
Soares Lynnette and Soares Edward
Bought by
Soares Edward
Seller's Agent
Rita Andreeva
Summit Properties NW LLC
Buyer's Agent
Quincy Qualls
John L. Scott Lacey
List Price
$179,000
Sold Price
$170,000
Premium/Discount to List
-$9,000
-5.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 19, 2015
Closed on
Apr 13, 2015
Sold by
Ross Lesley A and Liebtag Jonathan
Bought by
Liebtag Jonathan
Seller's Agent
Rita Andreeva
Summit Properties NW LLC
Buyer's Agent
Quincy Qualls
John L. Scott Lacey
List Price
$179,000
Sold Price
$170,000
Premium/Discount to List
-$9,000
-5.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2011
Sold by
Shin James
Bought by
Soares Edward

Purchase Details

Closed on
Sep 1, 2006
Sold by
716 Yakima Llc
Bought by
Shin James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
8.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 20, 2005
Sold by
Jose Eduardo G and Jose Christiane G
Bought by
716 Yakima Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 18, 2005
Sold by
Stokes Doug E
Bought by
Jose Eduardo Gonzales and Jose Christine Gonzales

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 2002
Sold by
Eyring Derek Scott and Eyring Deanne
Bought by
Stokes Doug E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,650
Interest Rate
6.74%

Purchase Details

Closed on
Aug 7, 2000
Sold by
Cradock Kevin P and Cradock Angie L
Bought by
Eyring Derek Scott and Eyring Deanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,150
Interest Rate
8.19%

Purchase Details

Closed on
Aug 1, 2000
Sold by
Frick David E
Bought by
Cradock Kevin P and Cradock Angie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,150
Interest Rate
8.19%

Purchase Details

Closed on
Mar 6, 1995
Sold by
Frick David E
Bought by
Cradock Kevin P and Cradock Angie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,500
Interest Rate
9.21%
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
Ngo Anh Vu $416,219 Ticor Title
Somac 716 Yakima Llc -- None Available
Soares Edward -- Ticor Title Company
Liebtag Jonathan -- Ticor
Liebtag Jonathan $169,719 Ticor
Soares Edward $145,000 Chicago Title Insurance Co
Shin James $265,000 Trans
716 Yakima Llc -- None Available
Jose Eduardo Gonzales $185,000 First American Title Ins Co
Stokes Doug E $122,950 --
Eyring Derek Scott $73,875 --
Cradock Kevin P -- --
Cradock Kevin P $52,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ngo Anh Vu $312,375
Previous Owner Liebtag Jonathan $127,500
Previous Owner Shin James $212,000
Previous Owner Jose Eduardo Gonzales $148,000
Previous Owner Stokes Doug E $110,650
Previous Owner Eyring Derek Scott $57,150
Previous Owner Cradock Kevin P $47,500
Closed Jose Eduardo Gonzales $37,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2015 04/22/15 Sold $170,000 -5.0% $81 / Sq Ft
02/23/2015 02/23/15 Pending -- -- --
02/19/2015 02/19/15 For Sale $179,000 -- $85 / 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 $4,688 $445,200 $213,300 $231,900
2024 $4,688 $446,900 $207,000 $239,900
2023 $4,688 $421,000 $196,100 $224,900
2022 $4,455 $457,500 $187,300 $270,200
2021 $4,125 $328,100 $97,000 $231,100
2019 $3,270 $306,200 $77,100 $229,100
2018 $3,204 $251,500 $67,600 $183,900
2017 $2,762 $202,700 $47,400 $155,300
2016 -- $149,800 $33,200 $116,600
2014 $2,176 $141,200 $34,200 $107,000
2013 $2,176 $131,900 $34,200 $97,700
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Rita Andreeva

    Summit Properties NW

    (206) 234-5512

    1 in this area

    2 Total Sales

    Rita Andreeva
    Section Image
  • Quincy Qualls

    Buyer's Agent in 2015

    Quincy Qualls

    John L. Scott

    (360) 870-2605

    68 Total Sales

    Quincy Qualls
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 745093

Northwest Multiple Listing Service (NWMLS)

APN: 200716-0060

Washington Pierce County Tacoma 98405 Hilltop

716 Yakima Park Ave S, Tacoma, WA

This home is located at 716 Yakima Park Ave S, Tacoma, WA 98405 since 19 February 2015 and is currently estimated at $480,396, approximately $229 per square foot. This property was built in 1923. 716 Yakima Park Ave S is a home located in Pierce County with nearby schools including McCarver Elementary School, Hilltop Heritage Middle School, and Stadium 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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