NOT LISTED FOR SALE
12 Beds
9 Baths
8,288 Sq Ft
0.33 Acres

Last Sold January 19, 2018

Last sale price $925,287 $112 Per Sq Ft

14 Days on Market

Highlights

  • 0.33 Acre Lot
  • Wood Siding
  • Wall to Wall Carpet
  • Cul-De-Sac

About This Home

As of January 2018

Nice 8-plex for sale. Great investment. Cap rate at 6.2%. Large 2 story townhouse units. Two buildings. 12 parking stalls. Each unit has 2 bedrooms, 1.5 baths & a private patio. Good floor plan. Recently painted & double pane windows. All units are 1036 sf & include a range/oven, dishwasher, microwave & washer/dryer stack. Close to I-5, Hwy 512, shopping, schools, parks, restaurants & military bases. Take advantage of the hot Tacoma rental market. Rents here are still below market.

Last Agent to Sell the Property

Quy Pham

Dove Realty, Inc. License #47641 Listed on: 10/06/2017

Last Buyer's Agent

Grace Wang

VerraTerra License #121230

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1200731

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,190

Year Built

  • Built in 1989

Lot Details

  • 0.33 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Property is in good condition

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 8,288 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 12 Parking Spaces
  • Open Parking

Community Details

  • Austin Townhomes Condos
  • Fern Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0320332184

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,190

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1989
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Austin Townhomes
  • New Construction: No
  • CalculatedSquareFootage: 8288
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 285

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Dead End Street, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 12
  • Open Parking: Yes
  • Total Parking Spaces: 12
  • ParkingUncoveredSpaces: 12

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: TPU
  • WaterSewerGarbage: 11700

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 0320332184
  • Lot Size Acres: 0.332
  • Lot Size Sq Ft: 14460
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10
  • LeasedItems: None
  • TotalMonthlyIncome: 7515

Multi Family

  • Gross Scheduled Income: 90180
  • Net Operating Income: 60317
  • Number Of Units Total: 8
  • Insurance Expense: 1973
  • Leasable Area: 8288
  • UnitsInBuildingTotal: 8
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 11190

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

Property History

Date Event Price Change Sq Ft Price
01/19/2018 01/19/18 Sold $925,288 -5.4% $112 / Sq Ft
10/21/2017 10/21/17 Pending -- -- --
10/06/2017 10/06/17 For Sale $978,000 -- $118 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1200731

Northwest Multiple Listing Service (NWMLS)