Listed by American Dream Realty, LLC, Bought with Real Broker LLC
NOT LISTED FOR SALE

758 Polk St S Tacoma, WA 98444

Estimated Value: $629,000 - $809,000

4 Beds
3 Baths
2,256 Sq Ft
$306/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $446,000 $198 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,218/month

7 Days on Market

Highlights

  • RV Access or Parking
  • Territorial View
  • Property is Fully Fenced
  • Deck
  • High Speed Internet
  • Wood Siding

About This Home

As of June 2018

ATTN INVESTORS! 8% CAP RATE!!!! TACOMA TRIPLEX CLOSE TO PACIFIC LUTHERAN UNIVERSITY!!! EXCELLENT CASH FLOW!! Fully renovated in 2016! NEW ROOF, PAINT & REPAIR SIDING, ALLl NEW WATER HEATERS, UPDATED LANDSCAPING, NEW FLOORING & NEW INTERIOR PAINT, NEW CADET HEATERS throughout ALL 3 UNITS, some NEW DOORS & TRIM! Studio has NEW CABINETS & GRANITE COUNTER TOPS!! 2-2bd/1ba units w/DECKS- 1 Studio Unit + 1 Car Garage w/shop space! Lots of parking! Sewer scope done 01/2016.

Last Agent to Sell the Property

Julie Hitchcock

American Dream Realty, LLC License #25083 Listed on: 04/19/2018

Co-Listed By

Ericia Lorentzen

American Dream Realty, LLC License #111329

Last Buyer's Agent

Charles Burnett

Real Broker LLC License #50261

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1272873

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,541

Year Built

  • Built in 1941 | Remodeled

Lot Details

  • 9,375 Sq Ft Lot
  • Property is Fully Fenced

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,256 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 10 Parking Spaces
  • 1 Covered Space
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Deck

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6905003930

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,541

Year Built

Built in 1941 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1941
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2256
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 10
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 10
  • ParkingUncoveredSpaces: 10

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced, FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: TPU
  • SewerCompany: Pierce County Sewer
  • WaterCompany: Parkland Light & Water
  • WaterSewerGarbage: 3466

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 6905003930
  • Lot Size Acres: 0.2152
  • Lot Size Sq Ft: 9375
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,Fenced-Partially,High Speed Internet,RV Parking
  • MLSLotSizeSource: County Records
  • ZoningJurisdiction: See Remarks

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 9
  • LeasedItems: None
  • TotalMonthlyIncome: 3568

Multi Family

  • Gross Scheduled Income: 42816
  • Net Operating Income: 31791
  • Number Of Units Total: 3
  • Electric Expense: 756
  • Insurance Expense: 2406
  • Leasable Area: 2616
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: true
  • VacancyRate: 2

Tax Info

  • Year: 2018
  • Tax Annual Amount: 3541

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2024
Sold by
Ha Peter and Treider Heidi
Bought by
Kona Ventures Llc
Current Estimated Value
$691,226

Purchase Details

Closed on
Mar 22, 2021
Sold by
Holing Christopher
Bought by
Ha Peter and Treider Heidi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 19, 2018
Closed on
Jun 27, 2018
Sold by
Holing Danielle
Bought by
Holing Christopher
Seller's Agent
Julie Hitchcock
American Dream Realty, LLC
Buyer's Agent
Charles Burnett
Real Broker LLC
List Price
$390,000
Sold Price
$446,000
Premium/Discount to List
$56,000
14.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.96%
Original Mortgage
$334,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 19, 2018
Closed on
Jun 26, 2018
Sold by
Kvk Quality Construction Llc
Bought by
Holing Christopher
Seller's Agent
Julie Hitchcock
American Dream Realty, LLC
Buyer's Agent
Charles Burnett
Real Broker LLC
List Price
$390,000
Sold Price
$446,000
Premium/Discount to List
$56,000
14.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2016
Sold by
Kurkov Konstantin
Bought by
Kvk Quality Construction Llc

Purchase Details

Closed on
Jun 29, 2016
Sold by
Kurkov Oksana
Bought by
Kurkov Konstantin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 11, 2015
Closed on
Jan 25, 2016
Sold by
Barker Ronald W
Bought by
Kurkov Konstantin and Kurkov Oksana
Seller's Agent
Chuck Barrios
Coldwell Banker Bain
Buyer's Agent
Ericia Lorentzen
American Dream Realty, LLC
List Price
$214,300
Sold Price
$200,800
Premium/Discount to List
-$13,500
-6.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.44%
Original Mortgage
$150,600
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2010
Sold by
Federal National Mortgage Association
Bought by
Barker Ronald W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,500
Interest Rate
4.27%
Mortgage Type
VA

Purchase Details

Closed on
Jul 9, 2010
Sold by
Carter Tony Lee and Carter Cynthia Louise
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 4, 2008
Sold by
Carter Tony and Carter Cynthia
Bought by
Carter Michael

Purchase Details

Closed on
Feb 6, 2004
Sold by
Green Thomas and Green Falicia F
Bought by
Carter Tony Lee and Carter Cynthia Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 6, 2000
Sold by
Va
Bought by
Green Thomas and Green Falicia F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,450
Interest Rate
8.37%
Mortgage Type
VA

Purchase Details

Closed on
Dec 6, 1999
Sold by
Ray Harlan G and Ray Patricia G
Bought by
Mtg Electronic Registration Systems Inc

Purchase Details

Closed on
Dec 3, 1999
Sold by
Mortgage Electronic Registration Systems
Bought by
Va

Purchase Details

Closed on
Aug 22, 1996
Sold by
Simpson Curtiss P and Simpson Pi Koon
Bought by
Ray Harlan G and Ray Patricia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,200
Interest Rate
8.42%
Mortgage Type
VA
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
Kona Ventures Llc -- None Listed On Document
Ha Peter $550,000 Fidelity National Title
Holing Christopher -- Ticor Title
Holing Christopher $445,719 Ticor Title
Kvk Quality Construction Llc -- None Available
Kurkov Konstantin -- Cw Title
Kurkov Konstantin $200,519 First American Title Ins Co
Barker Ronald W $143,500 Servicelink
Federal National Mortgage Association $239,888 Fatco
Carter Michael -- None Available
Carter Tony Lee $145,000 Rainier Title Company
Green Thomas -- --
Mtg Electronic Registration Systems Inc $97,082 Fidelity National Title
Va -- --
Ray Harlan G $101,200 Evergreen Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ha Peter $385,000
Previous Owner Holing Christopher $334,500
Previous Owner Kurkov Konstantin $145,000
Previous Owner Kurkov Konstantin $150,600
Previous Owner Barker Ronald W $156,000
Previous Owner Barker Ronald W $148,352
Previous Owner Barker Ronald W $143,500
Previous Owner Carter Tony Lee $27,000
Previous Owner Carter Tony Lee $209,600
Previous Owner Carter Tony Lee $116,000
Previous Owner Green Thomas $99,450
Previous Owner Ray Harlan G $103,200
Closed Carter Tony Lee $29,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2018 06/29/18 Sold $446,000 +14.4% $198 / Sq Ft
04/26/2018 04/26/18 Pending -- -- --
04/19/2018 04/19/18 For Sale $390,000 +94.2% $173 / Sq Ft
01/26/2016 01/26/16 Sold $200,800 -6.3% $121 / Sq Ft
12/16/2015 12/16/15 Pending -- -- --
12/11/2015 12/11/15 For Sale $214,300 -- $129 / 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 $6,422 $607,700 $205,100 $402,600
2024 $6,422 $579,300 $167,200 $412,100
2023 $6,422 $533,800 $161,500 $372,300
2022 $6,440 $579,600 $166,600 $413,000
2021 $6,011 $445,100 $110,500 $334,600
2019 $4,017 $386,000 $91,400 $294,600
2018 $3,541 $298,100 $78,100 $220,000
2017 $3,308 $207,100 $50,600 $156,500
2016 $2,784 $166,200 $44,000 $122,200
2014 $2,542 $146,600 $40,400 $106,200
2013 $2,542 $133,500 $36,900 $96,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1272873

Northwest Multiple Listing Service (NWMLS)

APN: 690500-3930