NOT LISTED FOR SALE

Estimated Value: $717,000 - $1,132,000

6 Beds
4 Baths
2,814 Sq Ft
$317/Sq Ft Est. Value

Last Sold May 15, 2020

Last sale price $800,000 $284 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,732/month

38 Days on Market

Highlights

  • New Construction
  • Cul-De-Sac
  • Wood Siding
  • Corner Lot
  • Property is in very good condition
  • Mini Split Air Conditioners

About This Home

As of May 2020

NEW CONSTRUCTION!! 100% OCCUPIED! Great Investment Opportunity! Tri-Story 4 plex on a corner lot in a cul-de-sac location. 2 upstairs units offer townhouse style, 2x1 ea, with entryway on the second story. Lower Units offer 1x1 single story. All 4 units include excellent interiors leaving units light and bright, soft closing drawers, ductless mini splits, stainless steel appliances, quartz counter tops, and vinyl LVP. **Owner is a Licensed Real Estate broker.** UNITS ARE ALL ON 12 month Lease.

Last Agent to Sell the Property

Brandi Brown

Skyline Properties, Inc. License #136936 Listed on: 03/21/2020

Skyline Properties, Inc.

Last Buyer's Agent

Elsie Chaudoin

KW Mountains to Sound Realty License #78172

KW Mountains to Sound Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1582182

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,819

Year Built

  • Built in 2020 | New Construction

Lot Details

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

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,814 Sq Ft Home
  • 3-Story Property
  • Vinyl Flooring

Parking

  • 6 Parking Spaces
  • Open Parking

Utilities

  • Mini Split Air Conditioners

Community Details

  • South Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 761000-007-3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,819

Year Built

Built in 2020 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 2020
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: Yes
  • CalculatedSquareFootage: 2814
  • EffectiveYearBuiltSource: Public Records
  • NewConstruction: Completed
  • Special Features: NewHome
  • Cumulative Days on Market: 330

Interior Features

  • Fireplace: No
  • Flooring: Vinyl
  • Interior Amenities: Ductless HP-Mini Split
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Fire Sprinklers

Exterior Features

  • Roof: Composition, Metal
  • Lot Features: Corner Lot, Cul-De-Sac, Curbs, Dead End Street, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Slab
  • Property Condition: Very Good
  • Structure Type: Quadruplex

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
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: TPU
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Tacoma
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 761000-007-3
  • Lot Size Acres: 0.2626
  • Lot Size Sq Ft: 11440
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Pierce County
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 5075

Multi Family

  • Gross Scheduled Income: 5075
  • Number Of Units Total: 4
  • Leasable Area: 2814
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2019
  • Tax Annual Amount: 1819

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2022
Sold by
Taft Investment Llc
Bought by
Singhbrothers Llc
Total Days on Market
38
Current Estimated Value
$891,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,500
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2018
Sold by
Pierce County
Bought by
Louis Rudolph Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2017
Sold by
Canyon Creek Crossing Llc
Bought by
Bays John R

Purchase Details

Closed on
Mar 8, 2016
Sold by
Nguyen Dung Xuan and Phan Hang Thuy
Bought by
Canyon Creek Crossing Llc

Purchase Details

Closed on
Jan 28, 2016
Sold by
Nguyen Dung Xuan and Phan Hang Thuy
Bought by
Nguyen Dung Xuan and Phan Hang Thuy
Source: Public Records

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Range of Values:

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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
Singhbrothers Llc -- Wfg National Title Company Of
Louis Rudolph Homes Llc $94,719 Old Republic Title Ltd
Bays John R -- None Available
Canyon Creek Crossing Llc $94,719 Ticor Title
Nguyen Dung Xuan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Singhbrothers Llc $682,500
Previous Owner Louis Rudolph Homes Llc $525,000
Previous Owner Louis Rudolph Homes Llc $468,621
Previous Owner Louis Rudolph Homes Llc $345,000
Previous Owner Canyon Creek Crossing Llc $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2020 05/15/20 Sold $800,000 -3.0% $284 / Sq Ft
04/28/2020 04/28/20 Pending -- -- --
04/13/2020 04/13/20 For Sale $825,000 0.0% $293 / Sq Ft
03/25/2020 03/25/20 Pending -- -- --
03/21/2020 03/21/20 For Sale $825,000 -- $293 / 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
2024 $8,763 $784,500 $191,200 $593,300
2023 $8,763 $787,900 $182,100 $605,800
2022 $8,574 $860,700 $254,900 $605,800
2021 $8,922 $710,800 $165,500 $545,300
2019 $1,068 $268,200 $151,100 $117,100
2018 $1,081 $81,600 $81,600 $0
2017 $1,101 $68,000 $68,000 $0
2016 $1,868 $68,000 $68,000 $0
2014 $1,989 $107,300 $0 $0
2013 $1,989 $113,200 $113,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1582182

Northwest Multiple Listing Service (NWMLS)

APN: 761000-0073