Listed by John L. Scott Des Moines, Bought with John L. Scott, Inc.
NOT LISTED FOR SALE

721 Cherry St E Tacoma, WA 98445

Estimated Value: $557,000 - $804,000

4 Beds
3 Baths
2,040 Sq Ft
$311/Sq Ft Est. Value

Last Sold October 14, 2014

Last sale price $292,500 $143 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $3,815/month

60 Days on Market

About This Home

As of October 2014

Vintage cottage in beautifully landscaped setting overlooking Clover Creek, remodeled in 1971 and a mother in law apartment added in 1993. The main home has two bedrooms and a full bath, lower level guest suite with 3/4 bath and separate entrance. Outdoor features include a screened porch, patio, fire pit, numerous fruit trees, raised bed vegetable garden and plenty of space for your RV. Near PLU and JBLM for easy commute. Possible income potential.

Last Agent to Sell the Property

Cheryl Fahrenbach

John L. Scott Des Moines Listed on: 06/21/2014

Last Buyer's Agent

Jessica Bard

John L. Scott, Inc. License #110521

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM653944

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Year Built

1906

Lot Details

0

Listing Details

  • Condition: Remodeled
  • Sq Ft Finished: 2040
  • Form 17: Provided
  • Special Features: None
  • Stories: 1
  • Year Built: 1906

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Fireplaces: 1
  • Basement: Daylight, Partially Finished
  • Features: Double Pane/Storm Window, Dining Room
  • Fireplaces: 1
  • Floor: Vinyl, Wall to Wall Carpet
  • Sq Ft Unfinished: 296
  • Water Heater Location: Basement-Gas

Exterior Features

  • Roof: Composition
  • Building Information: Additional Dwelling
  • Exterior: Cement Planked
  • Foundation: Poured Concrete
  • Lot Details: Dead End Street, Paved Street
  • Roof: Composition
  • Site Features: Cable TV, Natural Gas Available, Outbuildings, Patio, RV Parking
  • Waterfront: Creek
  • Lot Topography: Fruit Trees, Garden Space, Partial Slope

Garage/Parking

  • Parking Type: Off Street

Utilities

  • Cooling: Central A/C
  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Heating and Cooling: Central A/C
  • Power Company: Elmhurst
  • Sewer: Septic
  • Water Source: Individual Well

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2014
Closed on
Sep 18, 2014
Sold by
Pressley Thomas W and Pressley Raylene C
Bought by
Karangelen Michael G and Karangelen Karin L
Seller's Agent
Cheryl Fahrenbach
John L. Scott Des Moines
Buyer's Agent
Jessica Bard
John L. Scott, Inc.
List Price
$298,000
Sold Price
$292,500
Premium/Discount to List
-$5,500
-1.85%
Current Estimated Value
$634,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,643
Avg. Annual Appreciation
7.13%
Original Mortgage
$210,000
Outstanding Balance
$69,060
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$565,083

Purchase Details

Closed on
Apr 13, 2005
Sold by
Ogrady Shirlene K
Bought by
Pressley Thomas W and Pressley Raylene C

Purchase Details

Closed on
Feb 24, 2003
Sold by
Pressley Raylene C
Bought by
Pressley Thomas W and Pressley Raylene C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.25%

Purchase Details

Closed on
Sep 28, 2001
Sold by
Pressley Raylene C
Bought by
Bartley Harry M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
6.9%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Karangelen Michael G $292,219 First American Title Ins Co
Pressley Thomas W -- --
Pressley Thomas W -- Transnation Title Insurance
Pressley Raylene C $64,198 Transnation Title Insurance
Bartley Harry M $64,000 --
Pressley Raylene C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karangelen Michael G $210,000
Previous Owner Pressley Raylene C $135,000
Previous Owner Bartley Harry M $64,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2014 10/14/14 Sold $292,500 -1.8% $143 / Sq Ft
08/21/2014 08/21/14 Pending -- -- --
06/21/2014 06/21/14 For Sale $298,000 -- $146 / 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 $5,986 $573,100 $292,100 $281,000
2024 $5,986 $551,200 $281,900 $269,300
2023 $5,986 $520,900 $242,900 $278,000
2022 $5,837 $538,900 $242,900 $296,000
2021 $5,283 $380,200 $144,000 $236,200
2019 $3,785 $343,400 $119,200 $224,200
2018 $4,277 $315,800 $108,600 $207,200
2017 $3,808 $278,400 $95,400 $183,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM653944

Northwest Multiple Listing Service (NWMLS)

APN: 031921-1032