Listed by Best Choice Realty LLC, Bought with Better Properties N. Proctor
NOT LISTED FOR SALE

Estimated Value: $551,000 - $692,000

4 Beds
2 Baths
1,774 Sq Ft
$335/Sq Ft Est. Value

Last Sold January 18, 2017

Last sale price $260,000 $147 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $3,562/month

19 Days on Market

Highlights

  • Deck
  • High Speed Internet
  • Wood Siding
  • Corner Lot
  • Property is Fully Fenced
  • Wall to Wall Carpet

About This Home

As of January 2017

Duplex that's an easy rental. Bottom unit is vacant, so you can view anytime. Top unit can be viewed once in contract. Located in the popular 6th Ave District. Within walking distance to restaurants and businesses. Tenants pay electric and gas bills. Meters are separately monitored. Large fenced corner lot. This is the first vacancy since the seller has owned the property. Keeping vacant for sale of property. Current rents are very low for the area and can be increased.

Last Agent to Sell the Property

Sheryl McLaren

Best Choice Realty LLC License #112997 Listed on: 11/16/2016

Best Choice Realty LLC

Last Buyer's Agent

Daniel Okey

Better Properties N. Proctor License #118985

Better Properties N. Proctor

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1052256

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,609

Year Built

  • Built in 1915

Lot Details

  • 3,868 Sq Ft Lot
  • Property is Fully Fenced
  • Corner Lot
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,774 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Outdoor Features

  • Deck

Utilities

  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • Central Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7355000060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,609

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1915
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1774
  • Special Features: None
  • Cumulative Days on Market: 368

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

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

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: TPU
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 7355000060
  • Lot Size Acres: 0.0888
  • Lot Size Sq Ft: 3868
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,High Speed Internet
  • MLSLotSizeSource: Pierce County Assessor
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

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

Tax Info

  • Year: 2016
  • Tax Annual Amount: 2609

Multi Family

  • Number Of Units Total: 2
  • Leasable Area: 1774
  • UnitsBelowGrade: false
  • VacancyRate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2016
Closed on
Jan 13, 2017
Sold by
Brown Sara E
Bought by
Zeis Lynda
Seller's Agent
Sheryl McLaren
Best Choice Realty LLC
Buyer's Agent
Daniel Okey
Better Properties N. Proctor
List Price
$265,000
Sold Price
$260,000
Premium/Discount to List
-$5,000
-1.89%
Current Estimated Value
$578,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,484
Avg. Annual Appreciation
9.72%
Original Mortgage
$255,290
Outstanding Balance
$213,039
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$363,375

Purchase Details

Closed on
Apr 14, 2006
Sold by
Cookson William J
Bought by
Brown Sara E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,500
Interest Rate
6.35%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 27, 2005
Sold by
Chapman Michael Melvin
Bought by
Cookson William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
1.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 14, 1998
Sold by
Hud
Bought by
Chapman Michael Melvin and Gibbs Barbara Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,290
Interest Rate
7.06%

Purchase Details

Closed on
Aug 18, 1997
Sold by
Continental Svgs Bank
Bought by
Hud

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,600
Interest Rate
7.83%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 14, 1997
Sold by
Moody Steven D
Bought by
Continental Svgs Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,600
Interest Rate
7.83%
Mortgage Type
Seller Take Back
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
Zeis Lynda $259,719 Chicago Title Co
Brown Sara E $262,000 Lawyers Title Agency Of Sout
Cookson William J $170,000 Puget Sound Title Company
Chapman Michael Melvin -- --
Hud -- --
Continental Svgs Bank $120,635 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zeis Lynda $255,290
Previous Owner Brown Sara E $156,500
Previous Owner Cookson William J $136,000
Previous Owner Chapman Michael Melvin $78,290
Previous Owner Continental Svgs Bank $111,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2017 01/18/17 Sold $260,000 -1.9% $147 / Sq Ft
12/06/2016 12/06/16 Pending -- -- --
11/16/2016 11/16/16 For Sale $265,000 -- $149 / 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 $4,921 $537,800 $219,700 $318,100
2024 $4,921 $503,500 $213,300 $290,200
2023 $4,921 $442,000 $199,000 $243,000
2022 $4,310 $460,500 $203,100 $257,400
2021 $4,304 $342,400 $119,600 $222,800
2019 $3,377 $302,500 $95,800 $206,700
2018 $3,390 $259,700 $80,500 $179,200
2017 $2,962 $214,500 $64,200 $150,300
2016 $2,574 $154,600 $48,800 $105,800
2014 $2,351 $148,000 $43,700 $104,300
2013 $2,351 $137,800 $38,500 $99,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1052256

Northwest Multiple Listing Service (NWMLS)

APN: 735500-0060