Listed by Real Broker LLC, Bought with John L. Scott, Inc
NOT LISTED FOR SALE

Estimated Value: $637,000 - $687,600

5 Beds
3 Baths
2,079 Sq Ft
$316/Sq Ft Est. Value

Last Sold March 17, 2017

Last sale price $324,900 $156 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $4,018/month

44 Days on Market

Highlights

  • Deck
  • Patio
  • 3-minute walk to Peoples Park
  • Stadium High School Rated A-
  • Wall to Wall Carpet

About This Home

As of March 2017

Fantastic investor opportunity, historic area of Tacoma. Three Unit Tri-plex, great long term tenants! Currently $2475 monthly rental income. Space for up to 4 cars worth of parking behind building and street parking in front. Easy access to UW, Schools, Shopping, Bus & Sounder Mass Transportation. All units come with Refrigerator, and stove. Large basement for extended storage capabilities. Each unit has separate water heaters, and electrical meters. Well maintained property. SEND OFFERS!

Last Agent to Sell the Property

Scott Christensen

Real Broker LLC License #115090 Listed on: 12/21/2016

Real Broker LLC

Last Buyer's Agent

Amanda Mannila

John L. Scott, Inc License #118146

John L. Scott, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1061350

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,785

Year Built

  • Built in 1900

Lot Details

  • 3,250 Sq Ft Lot
  • Property is in average condition

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • 2,079 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Jasonlee Middle School
  • Stadium High School

Utilities

  • Cable TV Available

Community Details

  • Central Add To New Tac Condos
  • Central Tacoma Subdivision

Listing and Financial Details

  • Legal Lot and Block 6 / 825
  • Assessor Parcel Number 2008250080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,785

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1900
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Central ADD to New Tac
  • New Construction: No
  • CalculatedSquareFootage: 2079
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 390

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Curbs, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: See Remarks
  • Property Condition: Average
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: TPU
  • WaterSewerGarbage: 4680

Schools

  • Junior High Dist: Tacoma
  • High School: Stadium
  • Middle Or Junior School: JasonLee

Lot Info

  • Parcel Number: 2008250080
  • Lot Size Acres: 0.0746
  • Lot Size Sq Ft: 3250
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Patio
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 6

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 2475

Multi Family

  • Gross Scheduled Income: 29700
  • Net Operating Income: 21187
  • Number Of Units Total: 6
  • Insurance Expense: 1048
  • Leasable Area: 2079
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2016
  • Tax Annual Amount: 2785

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2016
Closed on
Mar 15, 2017
Sold by
Andersen Patrick C and Andersen Kristen L
Bought by
Hathaway Peter C
Seller's Agent
Scott Christensen
Real Broker LLC
Buyer's Agent
Amanda Mannila
John L. Scott, Inc
List Price
$324,900
Sold Price
$324,900
Current Estimated Value
$656,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,034
Avg. Annual Appreciation
8.78%
Original Mortgage
$243,675
Outstanding Balance
$203,514
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$456,027

Purchase Details

Closed on
Dec 18, 2006
Sold by
Sterling John
Bought by
Andersen Patrick C and Andersen Kristen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,900
Interest Rate
6.12%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 13, 2006
Sold by
Sterling Celida
Bought by
Sterling John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,800
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 12, 2006
Sold by
Batchelor Louise
Bought by
Sterling John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,800
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving
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
Hathaway Peter C $324,619 Nextitle
Andersen Patrick C $259,000 Stewart Title
Sterling John -- First American Title Ins Co
Sterling John $212,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hathaway Peter C $243,675
Previous Owner Andersen Patrick C $25,900
Previous Owner Andersen Patrick C $207,200
Previous Owner Sterling John $31,800
Previous Owner Sterling John $169,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2017 03/17/17 Sold $324,900 0.0% $156 / Sq Ft
02/04/2017 02/04/17 Pending -- -- --
12/21/2016 12/21/16 For Sale $324,900 -- $156 / 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 $5,057 $486,900 $213,300 $273,600
2024 $5,057 $482,100 $207,000 $275,100
2023 $5,057 $454,200 $196,100 $258,100
2022 $4,503 $461,900 $187,300 $274,600
2021 $4,107 $326,700 $97,000 $229,700
2019 $3,462 $303,000 $77,100 $225,900
2018 $3,541 $266,300 $67,600 $198,700
2017 $3,040 $224,100 $47,400 $176,700
2016 $2,712 $165,000 $33,200 $131,800
2014 $2,390 $155,900 $34,200 $121,700
2013 $2,390 $145,300 $34,200 $111,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1061350

Northwest Multiple Listing Service (NWMLS)

APN: 200825-0080