Listed by John L. Scott, Inc., Bought with Vantage Real Estate
NOT LISTED FOR SALE

7415 S Prospect St Tacoma, WA 98409

South Tacoma Neighborhood

Estimated Value: $622,000 - $731,000

6 Beds
3 Baths
2,430 Sq Ft
$280/Sq Ft Est. Value

Last Sold April 12, 2018

Last sale price $389,000 $160 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $4,135/month

77 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Partially Fenced Property
  • Territorial View
  • Patio
  • Wood Siding

About This Home

As of April 2018

Well maintained Triplex in great location. Close to I-5, shopping, parks, & more. Ea unit has 2 bed 1 bath, all appliances and W/D. Lower units have private patios, upper has it's own deck. Plenty of parking. New roof in 2017. Tenants currently all month to month. Great Investment opportunity! Duplex and 2nd Triplex on adjoining property also available. MLS #1221028,1221030

Last Agent to Sell the Property

Kirk Sundberg

John L. Scott, Inc. License #18067 Listed on: 11/27/2017

John L. Scott, Inc.

Co-Listed By

Ann Marie Sturmer

eXp Realty License #128335

Last Buyer's Agent

Alvin Chang

Vantage Real Estate License #27544

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1221039

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,433

Year Built

  • Built in 1976

Lot Details

  • 9,000 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot
  • Property is in good condition

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,430 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cable TV Available

Community Details

  • South Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 223500-080-3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,433

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1976
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2430
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

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

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: TPU

Schools

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

Lot Info

  • Parcel Number: 223500-080-3
  • Lot Size Acres: 0.2066
  • Lot Size Sq Ft: 9000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Patio
  • MLSLotSizeSource: PCR

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 3433

Multi Family

  • Number Of Units Total: 3
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2017
Closed on
Mar 16, 2018
Sold by
Nelson Judith A
Bought by
Chang Alvin
Seller's Agent
Kirk Sundberg
John L. Scott, Inc.
Buyer's Agent
Alvin Chang
Vantage Real Estate
List Price
$389,000
Sold Price
$389,000
Current Estimated Value
$681,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,517
Avg. Annual Appreciation
7.71%
Original Mortgage
$291,750
Outstanding Balance
$250,302
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$431,215

Purchase Details

Closed on
Aug 11, 1997
Sold by
Timmerman Karla M
Bought by
Nelson Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,800
Interest Rate
7.57%
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
Chang Alvin $388,719 Stewart Title
Nelson Judith A $123,320 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chang Alvin $291,750
Previous Owner Nelson Judith A $84,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2018 04/12/18 Sold $389,000 0.0% $160 / Sq Ft
02/13/2018 02/13/18 Pending -- -- --
02/05/2018 02/05/18 For Sale $389,000 0.0% $160 / Sq Ft
12/29/2017 12/29/17 Pending -- -- --
12/27/2017 12/27/17 For Sale $389,000 0.0% $160 / Sq Ft
12/19/2017 12/19/17 Pending -- -- --
12/15/2017 12/15/17 For Sale $389,000 0.0% $160 / Sq Ft
12/09/2017 12/09/17 Pending -- -- --
11/27/2017 11/27/17 For Sale $389,000 -- $160 / 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 $6,597 $618,200 $224,300 $393,900
2024 $6,597 $609,500 $216,700 $392,800
2023 $6,597 $592,900 $207,300 $385,600
2022 $5,172 $555,300 $198,000 $357,300
2021 $4,938 $393,000 $120,700 $272,300
2019 $3,840 $366,300 $99,000 $267,300
2018 $3,723 $295,400 $82,000 $213,400
2017 $3,434 $235,600 $56,900 $178,700
2016 $2,847 $177,500 $44,500 $133,000
2014 $2,612 $163,700 $43,800 $119,900
2013 $2,612 $150,200 $40,600 $109,600
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2018

    Kirk Sundberg

    John L Scott

    Section Image
  • Ann Marie Sturmer

    Seller Co-Listing Agent in 2018

    Ann Marie Sturmer

    eXp Realty

    (253) 222-8850

    2 in this area

    56 Total Sales

    Ann Marie Sturmer
    Section Image
  • Alvin Chang

    Buyer's Agent in 2018

    Alvin Chang

    Vantage Real Estate

    (253) 495-5638

    11 Total Sales

    Alvin Chang
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1221039

Northwest Multiple Listing Service (NWMLS)

APN: 223500-0803

Washington Pierce County Tacoma 98409 South Tacoma

7415 S Prospect St, Tacoma, WA

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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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