Listed by John L. Scott, Inc
NOT LISTED FOR SALE

724 S L St Tacoma, WA 98405

Hilltop Neighborhood

Estimated Value: $927,000 - $1,127,763

8 Beds
4 Baths
3,732 Sq Ft
$275/Sq Ft Est. Value

Last Sold April 11, 2016

Last sale price $468,000 $125 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $6,328/month

81 Days on Market

Highlights

  • Wood Flooring
  • Wood Siding
  • 3-minute walk to Peoples Park
  • Stadium High School Rated A-

About This Home

As of April 2016

Perfect investment opportunity in this 4-plex. All units are 933 sq ft, w/3 bed/1 bath and living room fireplace and under gone updates over the last few years. They feature newer cabinetry, hardwood floors, plumbing, electrical, private deck, granite slab counter tops, stainless steel appliances & parking. New side sewer and roof installed within the last 4 years. Don't let this opportunity pass you by.

Last Agent to Sell the Property

Jon Bye

John L. Scott, Inc License #25593 Listed on: 12/02/2015

John L. Scott, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 874044

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,452

Year Built

  • Built in 1970

Lot Details

  • 6,500

Home Design

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

Interior Spaces

  • 3,732 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Parking

  • 4 Parking Spaces
  • Open Parking

Additional Features

  • 6,500 Sq Ft Lot
  • Cable TV Available

Community Details

  • Central Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2007240104

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,452

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1970
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3732
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 449

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Quadruplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • WaterSewerGarbage: 5037

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 2007240104
  • Lot Size Acres: 0.1492
  • Lot Size Sq Ft: 6500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10
  • LeasedItems: None
  • TotalMonthlyIncome: 4106

Multi Family

  • Gross Scheduled Income: 49020
  • Net Operating Income: 34482
  • Number Of Units Total: 4
  • Electric Expense: 1133
  • Insurance Expense: 1560
  • Leasable Area: 3732
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2015
  • Tax Annual Amount: 4452

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2015
Closed on
Apr 7, 2016
Sold by
Howell Geoffrey
Bought by
Nishimura Gabriel H and Nishimura Nicole D
Seller's Agent
Jon Bye
John L. Scott, Inc
List Price
$468,000
Sold Price
$468,000
Current Estimated Value
$1,027,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$559,382
Avg. Annual Appreciation
8.70%
Original Mortgage
$459,523
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 27, 2009
Sold by
Binkley Jesse O and Mikhailov Alex L
Bought by
Howell Geoffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,800
Interest Rate
4.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 15, 2008
Sold by
Brown Shelley M
Bought by
Binkley Jesse O

Purchase Details

Closed on
Sep 12, 2008
Sold by
Sunagawa Minatsu
Bought by
Binkley Jesse O and Mikhailov Alex L

Purchase Details

Closed on
Aug 16, 2006
Sold by
Bebich Matthew R and Bebich Colleen M
Bought by
Sunagawa Minatsu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,750
Interest Rate
8.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 29, 2005
Sold by
Wright Madeline C
Bought by
Bebich Matthew R and Bebich Colleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,800
Interest Rate
5.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 9, 2004
Sold by
Anderson Eric S
Bought by
Wright Madeline C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,500
Interest Rate
5.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 2, 2003
Sold by
Anderson Eric S
Bought by
Anderson Eric S and Anderson Rachel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,800
Interest Rate
6.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 28, 2001
Sold by
Marr Thomas A
Bought by
Anderson Eric S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,064
Interest Rate
7.19%
Mortgage Type
FHA
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
Nishimura Gabriel H $467,719 Old Republic Title Ltd
Howell Geoffrey $543,000 Fatco
Binkley Jesse O -- Talon Group
Binkley Jesse O $255,000 Talon Group
Sunagawa Minatsu $425,000 Stewart Title
Bebich Matthew R $391,000 --
Wright Madeline C $330,000 Fat
Anderson Eric S -- Stewart Title
Anderson Eric S $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nishimura Gabriel H $440,000
Closed Nishimura Gabriel H $451,000
Closed Nishimura Gabriel H $459,523
Previous Owner Howell Geoffrey $406,800
Previous Owner Sunagawa Minatsu $403,750
Previous Owner Bebich Matthew R $312,800
Previous Owner Bebich Matthew R $78,175
Previous Owner Wright Madeline C $280,500
Previous Owner Anderson Eric S $244,800
Previous Owner Anderson Eric S $187,064
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2016 04/11/16 Sold $468,000 0.0% $125 / Sq Ft
02/23/2016 02/23/16 Pending -- -- --
12/03/2015 12/03/15 For Sale $468,000 -- $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 $9,277 $1,022,600 $239,800 $782,800
2024 $9,277 $932,700 $232,700 $700,000
2023 $9,277 $834,200 $220,400 $613,800
2022 $8,611 $876,000 $222,000 $654,000
2021 $7,695 $612,900 $114,900 $498,000
2019 $6,333 $519,000 $91,400 $427,600
2018 $3,157 $487,700 $80,100 $407,600
2017 $5,351 $400,000 $57,800 $342,200
2016 $4,452 $272,500 $40,500 $232,000
2014 $4,552 $256,200 $41,700 $214,500
2013 $4,552 $240,400 $41,700 $198,700
Source: Public Records

Agents Affiliated with this Home

  • Jon Bye

    Seller's Agent in 2016

    Jon Bye

    John L Scott

    (206) 400-7586

    3 in this area

    437 Total Sales

    Jon Bye
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 874044

Northwest Multiple Listing Service (NWMLS)

APN: 200724-0104

Washington Pierce County Tacoma 98405 Hilltop

724 S L St, Tacoma, WA

This home is located at 724 S L St, Tacoma, WA 98405 since 02 December 2015 and is currently estimated at $1,027,382, approximately $275 per square foot. This property was built in 1970. 724 S L St is a home located in Pierce County with nearby schools including Bryant Montessori 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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