Listed by Realty One Group Turn Key, Bought with Seabrook Real Estate Sales LLC
NOT LISTED FOR SALE

Estimated Value: $682,000 - $995,000

9 Beds
3 Baths
3,196 Sq Ft
$285/Sq Ft Est. Value

Last Sold May 23, 2024

Last sale price $975,000 $305 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $5,390/month

4 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Vinyl Plank Flooring
  • Stadium High School Rated A-
  • No HOA
  • 5-minute walk to Peoples Park

About This Home

As of May 2024

Turn-Key 3 unit currently used as short-term rental, each unit has been remodeled and furnished top to bottom to provide the best possible guest experience. All units are 3 bed / 1 bath, with in unit laundry, high end kitchens and bathrooms, and extra design features unique to each unit. Over 100 total 5-star reviews, in the last 30 days over 80% occupancy, average of $2,602 income per unit not including cleaning fees, building is professionally managed and can easily be transferred to a new owner without any interruptions. All new electrical, plumbing, insulation, roof, windows, quartz counters, solid soft close cabinets, etc, no maintenance issues for a long time, corner lot for plenty of available parking.

Last Agent to Sell the Property

David Schaub

Realty One Group Turn Key License #140783 Listed on: 03/15/2024

Realty One Group Turn Key

Last Buyer's Agent

Rebecca Johnson

Seabrook Real Estate Sales LLC License #134978

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2211031

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,664

Year Built

  • Built in 1923

Lot Details

  • 2,025 Sq Ft Lot
  • Property is Fully Fenced
  • Corner Lot

Home Design

  • Triplex
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,196 Sq Ft Home
  • 3-Story Property
  • Vinyl Plank Flooring

Outdoor Features

  • Deck

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Hilltop Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2007270090

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,664

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: 3196
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 370

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl Plank
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Basement

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Cement/Concrete, Wood
  • Foundation Details: Poured Concrete, Slab
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Cooling: Window Unit A/C
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: TPU
  • InternetConnected: Comcast
  • WaterSewerGarbage: 2617

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 2007270090
  • Lot Size Acres: 0.0465
  • Lot Size Sq Ft: 2025
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Fully,Gas Available
  • MLSLotSizeSource: public records
  • MLSSquareFootageSource: Floorplans
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • GrossRentMultiplier: 10.46
  • LeasedItems: None
  • TotalMonthlyIncome: 7566

Multi Family

  • Gross Scheduled Income: 144110
  • Net Operating Income: 66688
  • Number Of Units Total: 3
  • Electric Expense: 2612
  • Insurance Expense: 2458
  • Leasable Area: 3196
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: true
  • VacancyRate: 38

Tax Info

  • Year: 2024
  • Tax Annual Amount: 5664

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
May 21, 2024
Sold by
Defined Design Llp
Bought by
Chemodurow Sara L and Kettler Elliott
Seller's Agent
David Schaub
Realty One Group Turn Key
Buyer's Agent
Rebecca Johnson
Seabrook Real Estate Sales LLC
List Price
$950,000
Sold Price
$975,000
Premium/Discount to List
$25,000
2.63%
Views
16
Current Estimated Value
$909,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$65,336
Avg. Annual Appreciation
-6.76%
Original Mortgage
$731,250
Outstanding Balance
$722,991
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$168,441

Purchase Details

Closed on
Dec 3, 2020
Sold by
Olevit Properties Llc
Bought by
Defined Design Llp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,750
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 27, 2020
Sold by
Rogers Nancy W
Bought by
Olevit Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,900
Interest Rate
3.7%
Mortgage Type
New Conventional
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
Chemodurow Sara L $975,000 Stewart Title
Defined Design Llp $370,000 Cw Title Inc
Olevit Properties Llc $250,000 Equity Title Of Wa Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chemodurow Sara L $731,250
Previous Owner Defined Design Llp $658,000
Previous Owner Defined Design Llp $415,750
Previous Owner Olevit Properties Llc $339,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2024 05/23/24 Sold $975,000 +2.6% $305 / Sq Ft
03/19/2024 03/19/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $950,000 -- $297 / 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 $5,664 $574,700 $205,000 $369,700
2024 $5,664 $560,200 $198,900 $361,300
2023 $5,664 $508,900 $188,400 $320,500
2022 $4,535 $459,600 $166,800 $292,800
2021 $4,198 $333,900 $86,300 $247,600
2019 $3,576 $309,600 $68,700 $240,900
2018 $3,374 $275,100 $60,200 $214,900
2017 $2,898 $213,500 $41,400 $172,100
2016 $2,585 $159,300 $29,000 $130,300
2014 $2,297 $148,600 $29,900 $118,700
2013 $2,297 $138,300 $29,900 $108,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2211031

Northwest Multiple Listing Service (NWMLS)

APN: 200727-0090