Listed by American Dream Realty, LLC, Bought with Muljat Group
NOT LISTED FOR SALE

Estimated Value: $821,000 - $980,559

8 Beds
4 Baths
3,328 Sq Ft
$271/Sq Ft Est. Value

Last Sold March 31, 2017

Last sale price $452,500 $136 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $5,619/month

11 Days on Market

Highlights

  • Deck
  • Cul-De-Sac
  • Ceramic Tile Flooring
  • Territorial View
  • Patio
  • Property is Fully Fenced

About This Home

As of March 2017

ATTN INVESTORS! Solid 8% CAP RATE w/complete financials to back it up EQUALS a GREAT INCOME PRODUCING PROPERTY! Building has new asphalt, sidewalks & curbs, siding, int & ext paint, & fencing in 2013. Unit C completely rehabbed w/new cabinets, counter tops, flooring & millwork. 2bd/1ba units w/W&D's in ea unit, 832 sq ft per unit, fully fenced yards, patios on lower units, decks on upper units. This is a well cared for property, very clean & well maintained. Close to freeways, shopping & more!

Last Agent to Sell the Property

Julie Hitchcock

American Dream Realty, LLC License #25083 Listed on: 03/09/2017

Co-Listed By

Ericia Lorentzen

American Dream Realty, LLC License #111329

Last Buyer's Agent

Kimberly Ames

Muljat Group License #102544

Muljat Group

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1088060

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,203

Year Built

  • Built in 1983 | Remodeled

Lot Details

  • 0.3 Acre Lot
  • Cul-De-Sac
  • Property is Fully Fenced

Home Design

  • Quadruplex
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,328 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 11 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Community Details

  • Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3989000080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,203

Year Built

Built in 1983 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1983
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3328
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 366

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Cul-De-Sac, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement/Concrete, Wood
  • Foundation Details: Poured Concrete, Slab
  • Property Condition: Remodeled
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 11
  • Open Parking: Yes
  • Total Parking Spaces: 11
  • ParkingUncoveredSpaces: 11

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced, FullyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: TPU
  • SewerCompany: Pierce County Sewer
  • WaterCompany: TPU
  • WaterSewerGarbage: 5774

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 3989000080
  • Lot Size Acres: 0.3025
  • Lot Size Sq Ft: 13175
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Fully,Fenced-Partially,Patio
  • MLSLotSizeSource: County Records
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 4022

Multi Family

  • Gross Scheduled Income: 48264
  • Net Operating Income: 34219
  • Number Of Units Total: 4
  • Insurance Expense: 1102
  • Leasable Area: 3328
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2017
  • Tax Annual Amount: 5203

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2017
Sold by
Xu Xiao Ping
Bought by
Li Qin
Current Estimated Value
$900,780

Purchase Details

Listed on
Mar 9, 2017
Closed on
Mar 30, 2017
Sold by
817 75Th St Llc
Bought by
Xu Xiao Ping and Li Qin
Seller's Agent
Julie Hitchcock
American Dream Realty, LLC
Buyer's Agent
Kimberly Ames
Muljat Group
List Price
$425,000
Sold Price
$452,500
Premium/Discount to List
$27,500
6.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.49%

Purchase Details

Closed on
Dec 21, 2015
Sold by
Kurkov Svetlana
Bought by
817 75Th St Llc

Purchase Details

Closed on
Sep 18, 2014
Sold by
Kurkov Ruslan
Bought by
817 75Th St Llc

Purchase Details

Closed on
Jul 22, 2013
Sold by
Kurkov Ruslan
Bought by
Kurkov Ruslan and Kurkov Svetlana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,100
Interest Rate
3.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 13, 2013
Sold by
Nationstar Mortgage Llc
Bought by
Kurkov Ruslan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,204
Interest Rate
3.49%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 10, 2013
Sold by
Mcnutt Merry C
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Aug 27, 2007
Sold by
Mcnutt Antony
Bought by
Midland Fourplex Llc

Purchase Details

Closed on
Nov 8, 2006
Sold by
Seng Kimsan
Bought by
Mcnutt Antony T and Mcnutt Merry C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,900
Interest Rate
6.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 31, 2004
Sold by
Cox Clayton T
Bought by
Seng Kimsan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,800
Interest Rate
4.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 31, 2002
Sold by
Goethals Donald M
Bought by
Cox Clayton T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,000
Interest Rate
5.99%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 10, 2000
Sold by
Tyler Carlos
Bought by
Goethals Donald M and Goethals Debra R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,200
Interest Rate
8.22%
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
Li Qin -- Chicago Title Insurance Comp
Xu Xiao Ping $452,219 None Available
817 75Th St Llc -- None Available
817 75Th St Llc -- None Available
Kurkov Ruslan -- Cw Title
Kurkov Ruslan $181,125 Lawyers Title
Nationstar Mortgage Llc $265,262 None Available
Midland Fourplex Llc -- None Available
Mcnutt Antony T $379,000 Multiple
Seng Kimsan $266,000 Ticor
Cox Clayton T $215,000 Commonwealth Title Co
Goethals Donald M $138,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Qin $405,000
Previous Owner Kurkov Ruslan $157,100
Previous Owner Kurkov Ruslan $149,204
Previous Owner Mcnutt Antony T $37,900
Previous Owner Mcnutt Antony T $303,200
Previous Owner Seng Kimsan $240,100
Previous Owner Seng Kimsan $68,600
Previous Owner Seng Kimsan $212,800
Previous Owner Cox Clayton T $191,000
Previous Owner Goethals Donald M $124,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2017 03/31/17 Sold $452,500 +6.5% $136 / Sq Ft
03/22/2017 03/22/17 Pending -- -- --
03/10/2017 03/10/17 For Sale $425,000 -- $128 / 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 $8,535 $704,400 $183,400 $521,000
2024 $8,535 $700,500 $183,400 $517,100
2023 $8,535 $700,600 $183,400 $517,200
2022 $8,202 $734,000 $186,100 $547,900
2021 $7,134 $513,300 $110,200 $403,100
2019 $5,396 $423,100 $98,200 $324,900
2018 $5,509 $397,900 $92,000 $305,900
2017 $5,203 $307,100 $69,400 $237,700
2016 $4,490 $249,200 $56,200 $193,000
2014 $4,138 $221,700 $48,500 $173,200
2013 $4,138 $212,400 $45,800 $166,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1088060

Northwest Multiple Listing Service (NWMLS)

APN: 398900-0080