Listed by Better Properties N. Proctor
$352,500
SOLD NOV 9, 2018

766 120th St S Unit A&B Tacoma, WA 98444

-- Bed
-- Bath
2,535 Sq Ft
5,500 Sq Ft Lot

Recently Sold

$139 Per Sq Ft

6% Below List Price

5 Days on Market

Highlights

  • Deck
  • Patio
  • Property is Fully Fenced
  • Wood Flooring
  • High Speed Internet
  • Wood Siding

About This Home

As of November 2018

INVESTORS dream! Victorian duplex with original charm. Well maintained duplex located one block off of PLU campus. Wonderful investment opportunity with 100% occupancy rate the past 3 years. You'll love spacious Unit A with it's ten foot ceilings, large living areas, hardwood floors, and 4 good sized bedrooms. Unit B has an open floor concept, 3 lg bedrooms and large bathroom. Home is very clean, organized and efficiently run by a non-profit organization.

Last Agent to Sell the Property

Ruth Ottlyk

Better Properties N. Proctor License #82062

Better Properties N. Proctor

Co-Listed By

Ashley Christenson

Better Properties N. Proctor License #132246

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1362408

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,776

Year Built

  • Built in 1900

Lot Details

  • 5,500 Sq Ft Lot
  • Property is Fully Fenced
  • Property is in average condition

Home Design

  • Duplex
  • Block Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,535 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 5 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Parkland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 310000-3762

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,776

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1900
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2535
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 267

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Block
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 5

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: Parkland Light & Water & PSE
  • SewerCompany: Pierce County Sewer
  • WaterCompany: Parkland Light & Water
  • WaterSewerGarbage: 1008

Schools

  • Junior High Dist: Franklin Pierce

Lot Info

  • Parcel Number: 310000-3762
  • Lot Size Acres: 0.1263
  • Lot Size: 5500
  • Lot Size Sq Ft: 5500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: public records
  • ZoningJurisdiction: County
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10
  • LeasedItems: None
  • TotalMonthlyIncome: 2900

Multi Family

  • Gross Scheduled Income: 34800
  • Net Operating Income: 27194
  • Number Of Units Total: 2
  • Insurance Expense: 774
  • Leasable Area: 2535
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2018
  • Tax Annual Amount: 3776

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2022
Sold by
Diane Hwa
Bought by
Hwa Jonathan
Total Days on Market
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Outstanding Balance
$365,408
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$182,417

Purchase Details

Listed on
Sep 17, 2018
Closed on
Dec 18, 2018
Sold by
Hwa Justin and Hwa Jonathan
Bought by
Empyrean Investment I Llc
Seller's Agent
Ruth Ottlyk
Better Properties N. Proctor
List Price
$375,000
Sold Price
$352,500
Premium/Discount to List
-$22,500
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.97%
Original Mortgage
$262,500
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 17, 2018
Closed on
Nov 5, 2018
Sold by
Toven Iral
Bought by
Hwa Justin and Hwa Jonathan
Seller's Agent
Ruth Ottlyk
Better Properties N. Proctor
List Price
$375,000
Sold Price
$352,500
Premium/Discount to List
-$22,500
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2004
Sold by
Cooper Derrol H
Bought by
Toven Iral

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.29%
Mortgage Type
Seller Take Back

Map

Range of Values:

Collateral Analytics

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Average Value
Not Available
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 Type Sale Price Title Company
Quit Claim Deed -- First American Title
Quit Claim Deed -- First American Title
Quit Claim Deed -- None Available
Warranty Deed $352,219 Chicago Title
Warranty Deed $225,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $392,000 New Conventional
Closed $392,000 New Conventional
Previous Owner $262,500 New Conventional
Previous Owner $240,000 Unknown
Previous Owner $224,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 For Sale $569,000 +61.4% $224 / Sq Ft
11/09/2018 11/09/18 Sold $352,500 -6.0% $139 / Sq Ft
09/22/2018 09/22/18 Pending -- -- --
09/17/2018 09/17/18 For Sale $375,000 -- $148 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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
2024 $5,449 $480,900 $165,700 $315,200
2023 $5,449 $468,500 $141,700 $326,800
2022 $4,713 $467,700 $141,700 $326,000
2021 $4,296 $319,300 $82,100 $237,200
2019 $3,363 $267,000 $69,600 $197,400
2018 $3,775 $257,400 $62,400 $195,000
2017 $3,495 $220,200 $52,300 $167,900
2016 $3,003 $178,800 $39,900 $138,900
2014 $2,539 $156,400 $39,000 $117,400
2013 $2,539 $133,100 $34,100 $99,000
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1362408

Northwest Multiple Listing Service (NWMLS)

APN: 310000-3762