NOT LISTED FOR SALE

7613 9th Avenue Ct E Unit A-D Tacoma, WA 98404

Midland Neighborhood

Estimated Value: $729,753 - $771,000

8 Beds
4 Baths
3,464 Sq Ft
$217/Sq Ft Est. Value

Last Sold July 01, 2016

Last sale price $307,000 $89 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $4,711/month

81 Days on Market

Highlights

  • Deck
  • Patio
  • Wood Siding
  • Thermal Windows
  • Partially Fenced Property
  • Wall to Wall Carpet

About This Home

As of July 2016

Great investment! this 4-plex has 4 units with 2 BR & 1 Bath each. Washer/Dryer in all units. Upper units with vaulted ceiling and decks. Lower ground units with patios. Good sized rooms and all appliances stay. Easy to keep occupied with 13 parking spaces.

Co-Listed By

Pamela Sommerville

AgencyOne License #76762

AgencyOne

Last Buyer's Agent

Bryce Beard

eXp Realty License #82673

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 908453

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,432

Year Built

  • Built in 1986

Lot Details

  • 0.28 Acre Lot
  • Partially Fenced Property
  • Property is in average condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,464 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 13 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cable TV Available

Community Details

  • East Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4161000230

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,432

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1986
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3464
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 13
  • Open Parking: Yes
  • Total Parking Spaces: 13
  • ParkingUncoveredSpaces: 13

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: TACOMA
  • SewerCompany: TACOMA
  • WaterCompany: TACOMA
  • WaterSewerGarbage: 4925

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 4161000230
  • Lot Size Acres: 0.28
  • Lot Size Sq Ft: 12197
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Patio
  • MLSLotSizeSource: TAX RECORDS

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 9
  • LeasedItems: None
  • TotalMonthlyIncome: 3170

Multi Family

  • Gross Scheduled Income: 37800
  • Net Operating Income: 17868
  • Number Of Units Total: 4
  • Insurance Expense: 1291
  • Leasable Area: 3464
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 9

Tax Info

  • Year: 2015
  • Tax Annual Amount: 4432

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2016
Closed on
Jun 29, 2016
Sold by
Arndtson Marilyn B and Arndtson Ove J
Bought by
Wondimu Birhanu
Buyer's Agent
Bryce Beard
eXp Realty
List Price
$304,995
Sold Price
$307,000
Premium/Discount to List
$2,005
0.66%
Current Estimated Value
$750,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$443,377
Avg. Annual Appreciation
10.11%
Original Mortgage
$230,250
Outstanding Balance
$183,809
Interest Rate
3.58%
Mortgage Type
Commercial
Estimated Equity
$566,568

Purchase Details

Closed on
Sep 11, 2013
Sold by
Arndtson Marilyn B and Arndtson Ove J
Bought by
Arndtson Marilyn B and Arndtson Ove J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,800
Interest Rate
4.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 3, 2009
Sold by
Equity Partners Northwest Funding Llc
Bought by
Arndtson Marilyn B and Arndtson Ove J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
5.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 20, 2009
Sold by
Carrell Gerald and Carrell Patricia
Bought by
Equity Partners Northwest Funding Llc

Purchase Details

Closed on
Jun 17, 2008
Sold by
Fraley Rebecca L
Bought by
Carrell Gerald and Carrell Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,101
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 2005
Sold by
Cho Kevin
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 19, 2004
Sold by
Cho Mylee
Bought by
Cho Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.85%
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
$125,600
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
Jan 4, 1996
Sold by
Tsegga Mekonnen and Terefe Kelebet
Bought by
Sheikh Mohmmad S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 3, 1996
Sold by
Malik Saima Shazia
Bought by
Sheikh Mohmmad S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.36%
Mortgage Type
Commercial
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
Wondimu Birhanu $306,719 First American Title Ins Co
Arndtson Marilyn B -- Ticor
Arndtson Marilyn B $260,974 Old Republic Title Ltd
Equity Partners Northwest Funding Llc -- Accommodation
Carrell Gerald $315,101 Old Republic Title Ltd
Fraley Rebecca L $395,000 Rainier Title Co
Cho Kevin -- Ticor
Cho Kevin $300,000 Ticor
Barber William C $157,000 Chicago Title
Lemka David D $142,000 First American Title
Sheikh Mohmmad S $140,000 --
Sheikh Mohmmad S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wondimu Birhanu $230,250
Previous Owner Arndtson Marilyn B $156,800
Previous Owner Arndtson Marilyn B $187,500
Previous Owner Carrell Gerald $315,101
Previous Owner Fraley Rebecca L $316,000
Previous Owner Cho Kevin $270,000
Previous Owner Barber William C $125,600
Previous Owner Lemka David D $127,800
Previous Owner Sheikh Mohmmad S $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2016 07/01/16 Sold $307,000 +0.7% $89 / Sq Ft
06/02/2016 06/02/16 Pending -- -- --
03/12/2016 03/12/16 For Sale $304,995 -- $88 / 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 $8,785 $727,800 $181,100 $546,700
2024 $8,785 $720,400 $181,100 $539,300
2023 $8,785 $720,600 $181,100 $539,500
2022 $8,304 $740,100 $182,900 $557,200
2021 $7,233 $518,600 $108,300 $410,300
2019 $5,382 $430,900 $96,600 $334,300
2018 $2,744 $394,200 $90,100 $304,100
2017 $5,099 $303,900 $68,000 $235,900
2016 $4,432 $244,500 $55,100 $189,400
2014 $4,050 $219,400 $47,600 $171,800
2013 $4,050 $208,400 $44,900 $163,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 908453

Northwest Multiple Listing Service (NWMLS)

APN: 416100-0230