Listed by Redfin, Bought with Redfin
NOT LISTED FOR SALE

Estimated Value: $929,511 - $930,000

8 Beds
4 Baths
3,312 Sq Ft
$281/Sq Ft Est. Value

Last Sold December 14, 2018

Last sale price $545,000 $165 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $5,551/month

6 Days on Market

Highlights

  • Territorial View
  • Wood Siding
  • Wall to Wall Carpet
  • Partially Fenced Property

About This Home

As of December 2018

100% occupied 4-plex. Great investment opportunity in a growing area! Centrally located and near all amenities including light rail. Minutes to I-5, Tacoma Mall and parks. Each unit has a covered carport and storage area and bottom units have a fenced rear yard. Each one of these units has all appliances including washers, dryers, and refrigerators. Big bonus-- 2 large stand-alone storage units for additional income or owner storage. Many recent updates!

Last Agent to Sell the Property

Lori Bakken

Redfin License #20034 Listed on: 11/02/2018

Redfin

Last Buyer's Agent

Matthew Smith

Redfin License #2028

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1381968

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,818

Year Built

  • Built in 1977

Lot Details

  • 0.27 Acre Lot
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 3,312 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Outdoor Features

  • Outbuilding

Community Details

  • Hokold 4Th Condos
  • South Tacoma Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 4530400841

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,818

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1977
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Hokold 4th
  • New Construction: No
  • CalculatedSquareFootage: 3312
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl, Wood
  • Foundation Details: Slab
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 6190

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Parcel Number: 4530400841
  • Lot Size Acres: 0.2663
  • Lot Size Sq Ft: 11602
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Outbuildings
  • MLSLotSizeSource: Public Records
  • LotNumber: 5

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 3955

Multi Family

  • Gross Scheduled Income: 46980
  • Net Operating Income: 34507
  • Number Of Units Total: 4
  • Insurance Expense: 1140
  • Leasable Area: 3312
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2017
  • Tax Annual Amount: 4818

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2018
Closed on
Dec 7, 2018
Sold by
Oliver Willie L and Oliver Leonor M
Bought by
Ferniequity Llc
Seller's Agent
Lori Bakken
Redfin
Buyer's Agent
Matthew Smith
Redfin
List Price
$545,000
Sold Price
$545,000
Current Estimated Value
$929,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,756
Avg. Annual Appreciation
8.09%
Original Mortgage
$381,500
Outstanding Balance
$336,110
Interest Rate
4.8%
Mortgage Type
Commercial
Estimated Equity
$593,646

Purchase Details

Closed on
Apr 26, 2007
Sold by
Boetcher Daniel J
Bought by
Oliver Willie L and Oliver Leonor M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
6.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 16, 2003
Sold by
Davies Anna M
Bought by
Boetcher Daniel

Purchase Details

Closed on
Jun 28, 2001
Sold by
Davies Anna M
Bought by
Davies Anna M and The 7324 S Wilkeson Trust

Purchase Details

Closed on
Aug 10, 2000
Sold by
Eckles Michael R and Eckles Ethel M
Bought by
Davies Anna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,704
Interest Rate
8.19%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 22, 1999
Sold by
Eckles Michael R and Eckles Ethel M
Bought by
Eckles Michael R
Source: Public Records

Range of Values:

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
Ferniequity Llc $545,000 Chicago Title
Oliver Willie L $333,820 Rainier Title
Boetcher Daniel $200,324 Pacific Northwest Title
Davies Anna M -- --
Davies Anna M $226,862 --
Eckles Michael R -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferniequity Llc $381,500
Previous Owner Oliver Willie L $312,000
Previous Owner Davies Anna M $193,704
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2018 12/14/18 Sold $545,000 0.0% $165 / Sq Ft
11/08/2018 11/08/18 Pending -- -- --
11/02/2018 11/02/18 For Sale $545,000 -- $165 / 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 $8,097 $827,200 $230,300 $596,900
2024 $8,097 $816,800 $222,400 $594,400
2023 $8,097 $727,900 $208,500 $519,400
2022 $7,513 $760,000 $210,700 $549,300
2021 $7,062 $562,400 $122,400 $440,000
2019 $5,177 $514,600 $102,300 $412,300
2018 $5,672 $398,600 $85,300 $313,300
2017 $4,816 $359,300 $70,400 $288,900
2016 $3,942 $247,300 $52,800 $194,500
2014 $3,369 $226,800 $47,200 $179,600
2013 $3,369 $200,800 $44,300 $156,500
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1381968

Northwest Multiple Listing Service (NWMLS)

APN: 453040-0841