Listed by Windermere Prof Partners, Bought with Real Broker LLC
NOT LISTED FOR SALE

7445 S Prospect St Tacoma, WA 98409

South Tacoma Neighborhood

Estimated Value: $523,000 - $634,000

4 Beds
3 Baths
2,336 Sq Ft
$250/Sq Ft Est. Value

Last Sold November 22, 2019

Last sale price $415,000 $178 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,553/month

55 Days on Market

Highlights

  • RV Access or Parking
  • 1 Fireplace
  • Patio
  • Territorial View
  • Attached Garage
  • Garden

About This Home

As of November 2019

Stunning NEW CONSTRUCTION located on a quiet street with easy access to I-5. This home is 95% complete and receiving its final touches and landscaping. The kitchen is gorgeous with quartz counters, tile backsplash, gas range, island with bar seating, and an exclusive area for a Butler’s Pantry. Other features include a den with double door entry, high-quality laminate flooring throughout main level, master with 5-piece bath and HUGE walk-in, all bedrooms are over-sized. Alley access, RV parking.

Last Agent to Sell the Property

Mike Tipton

Windermere Prof Partners License #73652 Listed on: 08/29/2019

Windermere Prof Partners

Last Buyer's Agent

Kailani Shoemaker

Real Broker LLC License #109383

Real Broker LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1511596

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,848

Year Built

  • Built in 2019

Lot Details

  • Partially Fenced Property
  • Level Lot
  • Garden

Home Design

  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 1 Fireplace
  • Territorial Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • Attached Garage
  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Patio

Community Details

  • South Tacoma Community

Listing and Financial Details

  • Assessor Parcel Number 2235000892

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,848

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • New Construction: Completed
  • Building Information: Built On Lot
  • Entrance Level: Main
  • New Construction: Y
  • Year Built: 2019
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, French Doors, Walk In Pantry
  • Floor Covering: Laminate, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Garbage Disposal, Microwave, Range/Oven
  • Bedrooms: 4.00
  • Bathrooms: 2.50
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Den or Office: Main
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2336
  • Square Footage Finished: 2336

Exterior Features

  • Exterior: Cement/Concrete
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Type: Garage-Attached, Off Street
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air, 90%+ High Efficiency
  • Power Company: TPU
  • Sewer: Sewer Connected
  • Sewer Company: TPU
  • Water Company: TPU
  • Water Heater: Garage-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: South Tacoma
  • Project: Arlington Park

Schools

  • School District: TAC

Lot Info

  • Lot Number: 11
  • Lot Details: Alley, Curbs, Paved Street, Sidewalk
  • Lot Dimensions: 50 X 120
  • Lot Sq Ft: 6000
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 2235000892
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space, Level

Tax Info

  • Tax Amount: 705

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2019
Closed on
Nov 15, 2019
Sold by
Garg Ajay
Bought by
Colleran Matthew and Colleran Holly
Seller's Agent
Mike Tipton
Windermere Prof Partners
Buyer's Agent
Kailani Shoemaker
Real Broker LLC
List Price
$429,990
Sold Price
$415,000
Premium/Discount to List
-$14,990
-3.49%
Current Estimated Value
$582,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,852
Avg. Annual Appreciation
5.88%
Original Mortgage
$305,000
Outstanding Balance
$267,784
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$315,068

Purchase Details

Listed on
Sep 20, 2018
Closed on
Dec 13, 2018
Sold by
Fannie Mae
Bought by
Garg Ajay
Seller's Agent
Jonathan Harper
Keller Williams Realty
Buyer's Agent
Mike Tipton
Windermere Prof Partners
List Price
$71,000
Sold Price
$91,000
Premium/Discount to List
$20,000
28.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
402.42%
Original Mortgage
$255,000
Interest Rate
4.8%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 2, 2018
Sold by
Castelle Loretta
Bought by
Reverse Mortgage Funding Llc

Purchase Details

Closed on
Apr 2, 2018
Sold by
Reverse Mortgage Funding Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 7, 2017
Sold by
Estate Of Bessie L Casteel
Bought by
Reverse Mortgage Funding Llc

Purchase Details

Closed on
Oct 8, 2007
Sold by
Casteel Johnny E
Bought by
Casteel Bessie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,750
Interest Rate
5.55%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jun 26, 2001
Sold by
Fortier Joseph R
Bought by
Casteel Johnny E

Purchase Details

Closed on
Aug 4, 2000
Sold by
Fortier Ella Marie
Bought by
Fortier Joseph R

Purchase Details

Closed on
Aug 14, 1995
Sold by
Fortier Joseph R and Fortier Ella Marie
Bought by
Casteel Bessie L and Casteel Johnny E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,400
Interest Rate
8%
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
Colleran Matthew $415,000 Fidelity National Title
Garg Ajay $91,000 Lawyers Title
Reverse Mortgage Funding Llc $125,000 None Available
Federal National Mortgage Association -- None Available
Reverse Mortgage Funding Llc $125,000 None Available
Casteel Bessie L -- Fidelity National Title
Casteel Johnny E -- --
Casteel Bessie L -- --
Fortier Joseph R -- --
Casteel Bessie L $57,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colleran Matthew $305,000
Previous Owner Garg Ajay $255,000
Previous Owner Casteel Bessie L $294,750
Previous Owner Casteel Bessie L $54,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/22/2019 11/22/19 Sold $415,000 -1.2% $178 / Sq Ft
10/23/2019 10/23/19 Pending -- -- --
09/16/2019 09/16/19 Price Changed $419,990 -2.3% $180 / Sq Ft
08/29/2019 08/29/19 For Sale $429,990 +372.5% $184 / Sq Ft
12/14/2018 12/14/18 Sold $91,000 +28.2% $90 / Sq Ft View Prior Sale
10/04/2018 10/04/18 Pending -- -- --
09/20/2018 09/20/18 For Sale $71,000 -- $70 / 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 $5,848 $591,600 $206,400 $385,200
2024 $5,848 $568,100 $199,400 $368,700
2023 $5,848 $525,500 $190,800 $334,700
2022 $5,967 $593,600 $179,200 $414,400
2021 $5,350 $425,800 $109,300 $316,500
2019 $705 $346,600 $89,600 $257,000
2018 $808 $53,700 $53,700 $0
2017 $2,154 $87,500 $50,700 $36,800
2016 $1,872 $116,000 $39,600 $76,400
2014 $1,709 $107,500 $39,000 $68,500
2013 $1,709 $99,400 $36,100 $63,300
Source: Public Records

Agents Affiliated with this Home

  • Mike Tipton

    Seller's Agent in 2019

    Mike Tipton

    Windermere Professional Partners

    (253) 431-1108

    24 Total Sales

    Mike Tipton
    Section Image

  • K

    Buyer's Agent in 2019

    Kailani Shoemaker

    Real Broker LLC

    (510) 300-4837

    22 Total Sales

    Kailani Shoemaker
    Section Image

  • J

    Seller's Agent in 2018

    Jonathan Harper

    Keller Williams Realty

    (253) 651-7500

    1 in this area

    112 Total Sales

    Jonathan Harper
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1511596

Northwest Multiple Listing Service (NWMLS)

APN: 223500-0892

Washington Pierce County Tacoma 98409 South Tacoma

7445 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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