Listed by Keller Williams Realty PS, Bought with Kelly Right RE of Seattle LLC
NOT LISTED FOR SALE

8405 E Side Dr NE Tacoma, WA 98422

Estimated Value: $644,000 - $760,005

4 Beds
2 Baths
2,671 Sq Ft
$256/Sq Ft Est. Value

Sale Details

Date Sold: March 31, 2016

Last sale price $355,000 $133 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $4,293 / mo

239 Days on Market

Highlights

  • Views of a Sound
  • RV Access or Parking
  • Corner Lot
  • Browns Point Elementary School Rated A-
  • Deck
  • Patio

About This Home

As of March 2016

*7% CAP RATE* Extremely rare, well maintained 2,671sqft duplex on nearly 1/4 acre w/ beautiful sound views! Great tenants on 1yr leases. The 1,583sqft upstairs rents for $1,1550 &features 2 bed/2bath, views from almost every rm, large family rm, a large kitchen w/ island & nook &deck. The 1,088sqft downstairs rents for $1,150 &features 2bed, 1bath, kitchen, &large family rm. New floors, lots of parking &plenty of yard space. Property is managed by Aspen NW for only 7%. Must see!

Last Agent to Sell the Property

Travis Morris

Keller Williams Realty PS License #111591 Listed on: 06/09/2015

Keller Williams Realty PS

Last Buyer's Agent

Paul Uhl

Kelly Right RE of Seattle LLC License #83974

Kelly Right RE of Seattle LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 808663

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,016

Year Built

  • Built in 1922

Lot Details

  • 9,900 Sq Ft Lot
  • Corner Lot
  • Property is in good condition

Property Views

  • Views of a Sound
  • Mountain Views

Home Design

  • Duplex
  • Block Foundation
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,671 Sq Ft Home
  • 3-Story Property

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Browns Point Elementary School
  • Meeker Middle School
  • Stadium High School

Utilities

  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Dash Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3415000330

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,016

Year Built

Built in 1922

Lot Details

9,900 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1922
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2671
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Sound
  • Lot Features: Alley, Corner Lot, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Block
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Septic System, Electric
  • PowerCompany: Tacoma Power
  • SewerCompany: Septic
  • WaterCompany: Tacoma

Schools

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

Lot Info

  • Parcel Number: 3415000330
  • Lot Size Acres: 0.2273
  • Lot Size Sq Ft: 9900
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Gas Available,High Speed Internet,Patio,RV Parking
  • MLSLotSizeSource: Tax Record
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Tax Info

  • Year: 2015
  • Tax Annual Amount: 5016

Multi Family

  • Number Of Units Total: 2
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Browns Point

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2025
Sold by
Georgeson Gary E and Georgeson Lorraine E
Bought by
Georgeson Family Living Trust and Georgeson
Current Estimated Value
$684,501

Purchase Details

Listed on
Jun 9, 2015
Closed on
Mar 28, 2016
Sold by
Passey David and Passey Kinh
Bought by
Georgeson Gary and Passey Kinh
Seller's Agent
Travis Morris
Keller Williams Realty PS
Buyer's Agent
Paul Uhl
Kelly Right RE of Seattle LLC
List Price
$425,000
Sold Price
$355,000
Premium/Discount to List
-$70,000
-16.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%
Original Mortgage
$266,250
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2008
Sold by
Cheng Christine Jo Ping and Lunong Jacob
Bought by
Passey David and Passey Kinh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 10, 2005
Sold by
Lai Peter Y
Bought by
Lunong Jacob and Cheng Christine Jo Ping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,300
Interest Rate
5.61%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 13, 2004
Sold by
Lelli Sr Jay A
Bought by
Lai Peter Y and Lai Janie Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Georgeson Family Living Trust -- None Listed On Document
Georgeson Gary $354,719 Wfg National Title Company
Passey David $370,000 Fidelity Natl Title Ins Co
Lunong Jacob $343,000 First American Title Ins Co
Lai Peter Y $267,500 Trans
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Georgeson Gary $266,250
Previous Owner Passey David $296,000
Previous Owner Lunong Jacob $34,300
Previous Owner Lunong Jacob $274,400
Previous Owner Lai Peter Y $214,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2016 03/31/16 Sold $355,000 -16.5% $133 / Sq Ft
02/18/2016 02/18/16 Pending -- -- --
06/23/2015 06/23/15 For Sale $425,000 -- $159 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $7,963 $631,600 $330,200 $301,400
2024 $7,963 $694,100 $378,000 $316,100
2023 $7,963 $663,000 $378,000 $285,000
2022 $6,918 $644,600 $409,100 $235,500
2021 $6,386 $470,900 $273,500 $197,400
2019 $5,717 $455,000 $239,500 $215,500
2018 $5,798 $419,000 $224,400 $194,600
2017 $5,798 $384,600 $208,300 $176,300
2016 $5,016 $318,900 $157,000 $161,900
2014 $4,615 $281,700 $140,900 $140,800
2013 $4,615 $256,400 $125,800 $130,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 808663

Northwest Multiple Listing Service (NWMLS)

APN: 341500-0330

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