Listed by Engel & Voelkers Chambers Bay, Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

Estimated Value: $644,000 - $711,000

6 Beds
3 Baths
2,088 Sq Ft
$330/Sq Ft Est. Value

Last Sold September 27, 2019

Last sale price $449,900 $215 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,253/month

64 Days on Market

Highlights

  • Territorial View
  • Property is Fully Fenced
  • Wall to Wall Carpet
  • Corner Lot
  • Wood Siding
  • 1-Story Property

About This Home

As of September 2019

Excellent investment opportunity! Well-maintained tri-plex in the heart of Tillicum features 3, 2x1 units @ 696 sq. ft. each & boasts a new roof, vinyl windows, new fence & brand new septic! All 3 units have been updated recently & rents increased. Unit 1 feat. new vinyl, carpeting, doors, kitchen, paint. Units 2 & 3 feat. new carpet/vinyl/paint & more! Shared laundry room in back of building. Plenty of off-street parking! Convenient to I-5 & just blocks from JBLM, restaurants & American Lake!

Last Agent to Sell the Property

Kristin Niebergall

Engel & Voelkers Chambers Bay License #92708 Listed on: 06/20/2019

Engel & Voelkers Chambers Bay

Last Buyer's Agent

Aaron Nelson

Skyline Properties, Inc. License #127645

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1478072

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,058

Year Built

  • Built in 1963

Lot Details

  • 0.3 Acre Lot
  • Property is Fully Fenced
  • Corner Lot
  • Property is in good condition

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,088 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Utilities

  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • Tillicum Subdivision

Listing and Financial Details

  • Assessor Parcel Number 220000-245-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,058

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1963
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2088
  • SOCComments: Less if L/A is S/A
  • Special Features: None
  • Cumulative Days on Market: 367

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Triplex

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Septic System, Electric
  • WaterSewerGarbage: 720

Schools

  • Junior High Dist: Clover Park

Lot Info

  • Parcel Number: 220000-245-0
  • Lot Size Acres: 0.3023
  • Lot Size Sq Ft: 13169
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully
  • MLSLotSizeSource: Realist Tax Records
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 3140

Multi Family

  • Gross Scheduled Income: 37680
  • Net Operating Income: 32958
  • Number Of Units Total: 3
  • Electric Expense: 120
  • Insurance Expense: 824
  • Leasable Area: 2088
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2019
  • Tax Annual Amount: 3058

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2019
Closed on
Sep 23, 2019
Sold by
Tacoma Five Llc
Bought by
Cobb Gregory M and Walker Misty D
Seller's Agent
Kristin Niebergall
Engel & Voelkers Chambers Bay
Buyer's Agent
Aaron Nelson
Skyline Properties, Inc.
List Price
$469,900
Sold Price
$449,900
Premium/Discount to List
-$20,000
-4.26%
Current Estimated Value
$689,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,633
Avg. Annual Appreciation
7.94%
Original Mortgage
$337,425
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2008
Sold by
Smith Matthew J and Smith Jennifer L
Bought by
Tacoma Five Llc

Purchase Details

Closed on
Apr 25, 2008
Sold by
8311 Lake St Sw
Bought by
Smith Matthew J and Smith Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cobb Gregory M $449,900 Fidelity National Title
Tacoma Five Llc -- Rainier Title
Smith Matthew J -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cobb Gregory M $345,000
Closed Cobb Gregory M $337,425
Previous Owner Smith Matthew J $204,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2019 09/27/19 Sold $449,900 0.0% $215 / Sq Ft
08/23/2019 08/23/19 Pending -- -- --
08/19/2019 08/19/19 Price Changed $449,900 -4.3% $215 / Sq Ft
07/30/2019 07/30/19 For Sale $469,900 0.0% $225 / Sq Ft
06/26/2019 06/26/19 Pending -- -- --
06/20/2019 06/20/19 For Sale $469,900 -- $225 / 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 $5,730 $583,000 $189,400 $393,600
2024 $5,730 $551,700 $177,600 $374,100
2023 $5,730 $532,800 $167,500 $365,300
2022 $5,086 $513,900 $167,500 $346,400
2021 $4,731 $364,000 $101,700 $262,300
2019 $3,058 $270,400 $73,300 $197,100
2018 $3,088 $254,000 $67,300 $186,700
2017 $2,731 $208,600 $49,500 $159,100
2016 $2,280 $161,500 $39,500 $122,000
2014 $2,109 $142,500 $32,300 $110,200
2013 $2,109 $137,300 $32,300 $105,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1478072

Northwest Multiple Listing Service (NWMLS)

APN: 220000-2450