Listed by Skyline Properties, Inc.
NOT LISTED FOR SALE

Estimated Value: $567,000 - $686,000

4 Beds
3 Baths
1,712 Sq Ft
$362/Sq Ft Est. Value

Last Sold February 10, 2022

Last sale price $570,000 $333 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,799/month

2 Days on Market

Highlights

  • City View
  • Corner Lot
  • Vinyl Plank Flooring
  • Stadium High School Rated A-
  • No HOA
  • Property is Fully Fenced

About This Home

As of February 2022

Amazing, renovated triplex in Tacoma’s red hot Hilltop district! Perfect for investor or owner occupant. The hard work is done, just buy and cashflow, cashflow, cashflow! Onsite laundry in partially finished basement. Recent renovations within last 3 years include: Newer flooring, light fixtures, interior and exterior paint, some vinyl windows, and nicely updated kitchens & bathrooms. Electrical updated in Units A and C. Conveniently located near freeways, hospitals, and just steps from the shops, restaurants and entertainment on 6th Avenue! Seller will provide Buyer with 1yr Home Warranty.

Last Agent to Sell the Property

Aaron Nelson

Skyline Properties, Inc. License #127645 Listed on: 01/07/2022

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1876591

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,046

Year Built

  • Built in 1904

Lot Details

  • 3,250 Sq Ft Lot
  • Property is Fully Fenced
  • Corner Lot
  • Property is in good condition

Property Views

  • City
  • Territorial

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1,712 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl Plank
  • Vinyl

Utilities

  • Cable TV Available

Community Details

  • No Home Owners Association
  • Central Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2007350020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,046

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1904
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1712
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 360

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Vinyl Plank, Carpet
  • Interior Amenities: Forced Air, Laminate, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement

Exterior Features

  • Roof: Composition
  • View: City, Territorial
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement/Concrete, Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Triplex
  • ConstructionMethods: Standard Frame

Garage/Parking

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

Utilities

  • Sewer: Available, Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: TPU
  • WaterSewerGarbage: 4600

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Tacoma
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 2007350020
  • Lot Size Acres: 0.0746
  • Lot Size Sq Ft: 3250
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully
  • MLSLotSizeSource: County
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12.48
  • LeasedItems: None
  • TotalMonthlyIncome: 3740

Multi Family

  • Gross Scheduled Income: 44880
  • Net Operating Income: 27987
  • Number Of Units Total: 3
  • Insurance Expense: 1800
  • Leasable Area: 1712
  • EnergySource: Electric
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2021
  • Tax Annual Amount: 4046

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2022
Closed on
Feb 7, 2022
Sold by
Nth Degree Properties Llc
Bought by
Ali Shiraz Azam and Ali Aleesa Jessica
Seller's Agent
Aaron Nelson
Skyline Properties, Inc.
List Price
$560,000
Sold Price
$570,000
Premium/Discount to List
$10,000
1.79%
Current Estimated Value
$619,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,791
Avg. Annual Appreciation
2.09%
Original Mortgage
$427,500
Outstanding Balance
$398,474
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$215,008

Purchase Details

Closed on
Feb 26, 2021
Sold by
Nelson Aaron J and Nelson Victoria M
Bought by
Nth Degree 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
$237,300
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2020
Sold by
Nth Degree Properties Llc
Bought by
Nelson Aaron J and Nelson Victoria M

Purchase Details

Closed on
Dec 6, 2017
Sold by
Nelson Aaron J and Nelson Victoria M
Bought by
Nth Degree Properties Llc

Purchase Details

Closed on
Apr 4, 2017
Sold by
Westmark Mikel D and Westmark Mikel
Bought by
Nelson Aaron and Nelson Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 11, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Westmark Mikel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,811
Interest Rate
4.76%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 15, 2008
Sold by
Davis Alonzo and Davis Tina
Bought by
Deutsche Bank National Trust Co and Registered Holders Of Argent Securities

Purchase Details

Closed on
Oct 31, 2005
Sold by
Davis Alonzo and Davis Tina
Bought by
A & T Properties Llc

Purchase Details

Closed on
Jul 21, 2005
Sold by
Nw Consulting Inc
Bought by
Davis Alonzo and Davis Tina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,500
Interest Rate
7.15%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 31, 2005
Sold by
Baydo Kim
Bought by
Roket Gary G

Purchase Details

Closed on
Mar 23, 2005
Sold by
Roket Gary G
Bought by
Nw Consulting Inc
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
Ali Shiraz Azam -- Ticor Title
Nth Degree Properties Llc -- None Available
Nelson Aaron J -- None Available
Nth Degree Properties Llc -- None Available
Nelson Aaron $197,219 Wfg Natl Title
Westmark Mikel $100,000 Fidelity Natl Title Ins Co
Deutsche Bank National Trust Co $227,823 First American Title Ins Co
A & T Properties Llc -- --
Davis Alonzo $250,000 Ticor
Roket Gary G -- Ticor Title Escrow
Nw Consulting Inc $105,000 Ticor Title Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ali Shiraz Azam $427,500
Closed Ali Shiraz Azam $427,500
Previous Owner Nelson Aaron J $237,300
Previous Owner Nelson Aaron $235,000
Previous Owner Nelson Aaron $225,000
Previous Owner Westmark Mikel $135,811
Previous Owner A & T Properties Llc $21,250
Previous Owner Davis Alonzo $212,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2022 02/10/22 Sold $570,000 +1.8% $333 / Sq Ft
01/09/2022 01/09/22 Pending -- -- --
01/07/2022 01/07/22 For Sale $560,000 -- $327 / 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 $5,135 $502,400 $202,600 $299,800
2024 $5,135 $491,300 $196,700 $294,600
2023 $5,135 $461,300 $186,300 $275,000
2022 $4,401 $450,200 $177,900 $272,300
2021 $4,046 $321,800 $92,100 $229,700
2019 $3,418 $298,800 $73,300 $225,500
2018 $3,562 $262,900 $64,200 $198,700
2017 $3,089 $225,400 $47,400 $178,000
2016 $2,729 $167,700 $33,200 $134,500
2014 $2,411 $156,900 $34,200 $122,700
2013 $2,411 $146,400 $34,200 $112,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1876591

Northwest Multiple Listing Service (NWMLS)

APN: 200735-0020