G
Seller's Agent in 2017
Grace Wang
VerraTerra
(425) 298-3490
16 Total Sales
7611 9th Avenue Ct E Unit A-D Tacoma, WA 98404
Midland NeighborhoodEstimated Value: $642,000 - $819,035
8
Beds
4
Baths
3,464
Sq Ft
$211/Sq Ft
Est. Value
About This Home
As of October 2017Don't miss your opportunity to invest in this strong income generating property with 8% cap. $40k + in recent improvement (2016) including roof, electric panel, siding on the upper level, exterior paint, interior paint in two units, all garbage disposals, and a bathtub. Fully occupied with low vacancy. Interior needs updates. You can either update the units upon turn over and increase the rent further, or keep renting it as it is and start cash flowing on day one.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1184721
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,195
Year Built
- Built in 1986
Lot Details
- 0.26 Acre Lot
Home Design
- Quadruplex
- Poured Concrete
- Composition Roof
- Wood Siding
Interior Spaces
- 3,464 Sq Ft Home
- 2-Story Property
Flooring
- Wall to Wall Carpet
- Vinyl
Parking
- 8 Parking Spaces
- Open Parking
Community Details
- Tacoma Subdivision
Listing and Financial Details
- Assessor Parcel Number 4161000220
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 25, 2017
Closed on
Oct 17, 2017
Sold by
Wang Grace and Wang Jerry
Bought by
Dorsey Julie
Seller's Agent
Grace Wang
VerraTerra
Buyer's Agent
Grace Wang
VerraTerra
List Price
$398,000
Sold Price
$413,000
Premium/Discount to List
$15,000
3.77%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,518
Avg. Annual Appreciation
7.41%
Original Mortgage
$309,750
Outstanding Balance
$258,450
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$472,068
Purchase Details
Closed on
May 31, 2016
Sold by
Nairsidani Jigarali
Bought by
Wang Grace and Wang Jerry
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
3.58%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 19, 2011
Sold by
Fincham Berlie and Fincham Beverly
Bought by
Enslow Ken and Enslow Evelyn
Purchase Details
Closed on
Jun 2, 2009
Sold by
Aurora Loan Services
Bought by
Nairsidani Jigarali
Purchase Details
Closed on
Jul 8, 2008
Sold by
Fraley Rebecca L
Bought by
Aurora Loan Services
Purchase Details
Closed on
Jul 8, 2005
Sold by
Roth Michael
Bought by
Fraley Rebecca L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
7.25%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 5, 2004
Sold by
Barber William C
Bought by
Roth Michael and Roth Patricia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,400
Interest Rate
6.87%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 30, 2001
Sold by
Lemka David D
Bought by
Barber William C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,800
Interest Rate
6.98%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 29, 1998
Sold by
Sheikh Mohammad Shafio Rehman
Bought by
Lemka David D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,800
Interest Rate
6.91%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 29, 1994
Sold by
Look Zigmond Y K
Bought by
Sheikh Mohammed Shafiq Rehman
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,900
Interest Rate
7.59%
Mortgage Type
Commercial
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dorsey Julie | $412,719 | Wfg Natl Title | |
| Wang Grace | $257,719 | Wfg National Title Company | |
| Enslow Ken | $186,700 | Fidelity National Title | |
| Nairsidani Jigarali | $210,000 | Fidelity National Title | |
| Aurora Loan Services | $333,040 | Fatco | |
| Fraley Rebecca L | -- | Rainier Title Co | |
| Roth Michael | $303,000 | Ticor | |
| Barber William C | $157,250 | Chicago Title | |
| Lemka David D | $142,000 | First American Title | |
| Sheikh Mohammed Shafiq Rehman | -- | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dorsey Julie | $309,750 | |
| Previous Owner | Wang Grace | $193,500 | |
| Previous Owner | Fraley Rebecca L | $316,000 | |
| Previous Owner | Roth Michael | $242,400 | |
| Previous Owner | Barber William C | $125,800 | |
| Previous Owner | Lemka David D | $127,800 | |
| Previous Owner | Sheikh Mohammed Shafiq Rehman | $109,900 | |
| Closed | Sheikh Mohammed Shafiq Rehman | $14,000 | |
| Closed | Roth Michael | $60,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/19/2017 10/19/17 | Sold | $413,000 | +3.8% | $119 / Sq Ft |
| 09/20/2017 09/20/17 | Pending | -- | -- | -- |
| 09/12/2017 09/12/17 | Price Changed | $398,000 | 0.0% | $115 / Sq Ft |
| 09/12/2017 09/12/17 | For Sale | $398,000 | -6.4% | $115 / Sq Ft |
| 08/28/2017 08/28/17 | Pending | -- | -- | -- |
| 08/25/2017 08/25/17 | For Sale | $425,000 | -- | $123 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $8,626 | $709,300 | $178,300 | $531,000 |
| 2024 | $8,626 | $707,600 | $178,300 | $529,300 |
| 2023 | $8,626 | $707,800 | $178,300 | $529,500 |
| 2022 | $8,499 | $755,600 | $179,200 | $576,400 |
| 2021 | $7,447 | $533,800 | $106,100 | $427,700 |
| 2019 | $5,572 | $439,300 | $94,600 | $344,700 |
| 2018 | $5,595 | $408,100 | $88,000 | $320,100 |
| 2017 | $5,195 | $309,100 | $66,300 | $242,800 |
| 2016 | $4,520 | $248,700 | $53,700 | $195,000 |
| 2014 | $4,140 | $223,300 | $46,400 | $176,900 |
| 2013 | $4,140 | $212,100 | $43,800 | $168,300 |
Source: Public Records
Agents Affiliated with this Home
-
Grace Wang
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1184721
APN: 416100-0220
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Based on information submitted to the MLS GRID
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