Listed by Sagareus Real Estate, Bought with Keller Williams Rlty Bellevue
NOT LISTED FOR SALE

Estimated Value: $784,705 - $814,000

8 Beds
4 Baths
3,328 Sq Ft
$240/Sq Ft Est. Value

Last Sold July 20, 2021

Last sale price $715,000 $215 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,089/month

8 Days on Market

Highlights

  • Cul-De-Sac
  • Vinyl Plank Flooring
  • Wood Siding

About This Home

As of July 2021

Cash flowing 4-plex with value add opportunities. 4 covered parking spaces and 4 uncovered parking spaces. Each unit has a washer and dryer and dishwasher. The two downstairs units have been updated and there is an opportunity to renovate the upstairs units and increase all the rents to market. Some units in other similar buildings are renting for $1375+ buyer to verify.

Last Agent to Sell the Property

Joseph Nalley

Sagareus Real Estate License #130359 Listed on: 06/24/2021

Co-Listed By

Margaret Williams

Sagareus Real Estate License #130360

Last Buyer's Agent

Wesley Jones

Keller Williams Rlty Bellevue License #50134

Keller Williams Rlty Bellevue

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1797239

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,086

Year Built

  • Built in 1983

Lot Details

  • 0.29 Acre Lot
  • Cul-De-Sac

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

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

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Community Details

  • Parkland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3989000090

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,086

Year Built

Built in 1983

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: 360

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked, Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: TPU
  • SewerCompany: Pierce County Sewer
  • WaterCompany: TPU
  • WaterSewerGarbage: 4400

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Parcel Number: 3989000090
  • Lot Size Acres: 0.2933
  • Lot Size Sq Ft: 12776
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 4945

Multi Family

  • Gross Scheduled Income: 59340
  • Net Operating Income: 34663
  • Number Of Units Total: 4
  • Insurance Expense: 1500
  • Leasable Area: 3328
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 7086
  • AdditionalTaxIds: 3989000090

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2021
Closed on
Jul 19, 2021
Sold by
W8g312 Llc
Bought by
Three Ws Real Estate Holdings Llc
Seller's Agent
Joseph Nalley
Sagareus Real Estate
Buyer's Agent
Wesley Jones
Keller Williams Rlty Bellevue
List Price
$665,000
Sold Price
$715,000
Premium/Discount to List
$50,000
7.52%
Current Estimated Value
$799,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,353
Avg. Annual Appreciation
2.68%

Purchase Details

Listed on
Aug 23, 2019
Closed on
Sep 7, 2019
Sold by
W8 Group Llc
Bought by
W8g312 Llc
Seller's Agent
KENNETH PATTON
COMPASS
Buyer's Agent
BB French
Sagareus Real Estate
List Price
$510,000
Sold Price
$510,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.35%

Purchase Details

Listed on
Aug 23, 2019
Closed on
Aug 21, 2019
Sold by
Kas Holdings Llc
Bought by
W8 Group Llc
Seller's Agent
KENNETH PATTON
COMPASS
Buyer's Agent
BB French
Sagareus Real Estate
List Price
$510,000
Sold Price
$510,000

Purchase Details

Closed on
Jan 17, 2019
Sold by
Patton Kathleen
Bought by
Kas Holdings Llc

Purchase Details

Closed on
Jun 26, 2018
Sold by
Kas Investment Group Llc
Bought by
Patton Kathleen

Purchase Details

Listed on
Mar 13, 2018
Closed on
Mar 8, 2018
Sold by
Luong Simon
Bought by
Kas Investment Group Llc
Buyer's Agent
KENNETH PATTON
COMPASS
List Price
$385,000
Sold Price
$385,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.26%
Original Mortgage
$346,500
Interest Rate
4.15%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Oct 8, 2012
Closed on
Mar 20, 2013
Sold by
Malsingh Tamiko M
Bought by
Luong Simon
Seller's Agent
Sheryl Knowles
Metro Real Estate, LLC
List Price
$230,000
Sold Price
$210,000
Premium/Discount to List
-$20,000
-8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.94%
Original Mortgage
$157,500
Interest Rate
3.49%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 29, 2007
Sold by
Ducote Kim A
Bought by
818 Property Llc

Purchase Details

Closed on
Nov 8, 2006
Sold by
Seng Kimsan
Bought by
Ducote Kim A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,200
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 30, 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 7, 2002
Sold by
Swanson Janine L
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
$184,050
Interest Rate
6.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 27, 2000
Sold by
Tran Dam Thanh and Tran Phylly Kuoch
Bought by
Swanson Janine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,900
Interest Rate
8.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 26, 1994
Sold by
Boyd Robert W and Boyd Roberta A
Bought by
Tran Dam Thanh and Tran Phally Kuoch

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
8%
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
Three Ws Real Estate Holdings Llc $700,000 Ticor Title
W8g312 Llc -- None Available
W8 Group Llc $510,000 None Available
Kas Holdings Llc -- None Available
Patton Kathleen -- Ticor Title
Kas Investment Group Llc $344,719 Fidelity National Title
Luong Simon -- Chicago Title Company
Luong Simon $210,000 Chicago Title Company
Ducote Kim A -- Chicago Title Company
818 Property Llc -- Fatco
Ducote Kim A $379,000 Multiple
Seng Kimsan $266,000 Ticor
Cox Clayton T $204,500 Commonwealth Title Co
Swanson Janine L $149,930 --
Tran Dam Thanh $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Three Ws Real Estate Holdings $1,280,000
Previous Owner Patton Kathleen $348,000
Previous Owner Kas Investment Group Llc $346,500
Previous Owner Luong Simon $50,000
Previous Owner Luong Simon $157,500
Previous Owner Ducote Kim A $303,200
Previous Owner Ducote Kim A $37,900
Previous Owner Seng Kimsan $257,250
Previous Owner Seng Kimsan $51,450
Previous Owner Seng Kimsan $212,800
Previous Owner Cox Clayton T $184,050
Previous Owner Swanson Janine L $119,900
Previous Owner Tran Dam Thanh $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2021 07/20/21 Sold $715,000 +7.5% $215 / Sq Ft
07/02/2021 07/02/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $665,000 +30.4% $200 / Sq Ft
08/23/2019 08/23/19 Sold $510,000 0.0% $153 / Sq Ft
08/23/2019 08/23/19 For Sale $510,000 +32.5% $153 / Sq Ft
03/13/2018 03/13/18 Sold $385,000 0.0% $116 / Sq Ft
03/13/2018 03/13/18 For Sale $385,000 +83.3% $116 / Sq Ft
03/20/2013 03/20/13 Sold $210,000 -8.7% $63 / Sq Ft
11/09/2012 11/09/12 Pending -- -- --
10/08/2012 10/08/12 For Sale $230,000 -- $69 / 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 $8,795 $735,400 $182,200 $553,200
2024 $8,795 $731,300 $182,200 $549,100
2023 $8,795 $723,600 $182,200 $541,400
2022 $8,141 $728,100 $184,500 $543,600
2021 $7,086 $509,600 $109,200 $400,400
2019 $5,458 $423,800 $97,400 $326,400
2018 $5,521 $403,100 $91,100 $312,000
2017 $5,162 $308,000 $68,700 $239,300
2016 $4,456 $249,900 $55,600 $194,300
2014 $4,107 $222,400 $48,100 $174,300
2013 $4,107 $213,000 $45,300 $167,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1797239

Northwest Multiple Listing Service (NWMLS)

APN: 398900-0090