NOT LISTED FOR SALE

8514 23rd Street Ct W Unit 8516 Tacoma, WA 98466

Estimated Value: $866,000 - $953,000

6 Beds
5 Baths
2,896 Sq Ft
$315/Sq Ft Est. Value

Last Sold April 26, 2018

Last sale price $518,000 $179 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $5,561/month

7 Days on Market

Highlights

  • Cul-De-Sac
  • Patio
  • Property is Fully Fenced
  • University Place Primary School Rated A
  • High Speed Internet
  • Wood Siding

About This Home

As of April 2018

Great townhouse style duplex in the heart of University Place! Each unit has 3 bedrooms, 2.5 bath, living rm, kitchen, utility room and slider that opens to privately fenced yard, This is your opportunity to either live on one side and rent out the other or rent out both for a combined monthly revenue of $3200! All appliances included.

Last Agent to Sell the Property

Dan Yoo

TS Property Management License #83287 Listed on: 03/15/2018

Co-Listed By

Brian Shin

TS Property Management License #21110

Last Buyer's Agent

Brian Shin

TS Property Management License #21110

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1255860

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,548

Year Built

  • Built in 1990

Lot Details

  • 0.45 Acre Lot
  • Cul-De-Sac
  • Property is Fully Fenced
  • Property is in good condition

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,896 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

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

Community Details

  • University Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0220095033

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,548

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1990
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2896
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 272

Interior Features

  • Possible Use: Multi-Family, Residential
  • 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: Cul-De-Sac, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Natural Gas Connected
  • PowerCompany: TPU
  • SewerCompany: Pierce County Sewer
  • WaterCompany: TPU
  • WaterSewerGarbage: 1440

Schools

  • Junior High Dist: University Place
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 0220095033
  • Lot Size Acres: 0.45
  • Lot Size Sq Ft: 19602
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,High Speed Internet,Patio
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 3200

Multi Family

  • Gross Scheduled Income: 38400
  • Net Operating Income: 30032
  • Number Of Units Total: 2
  • Leasable Area: 2896
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2017
  • Tax Annual Amount: 5548

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2018
Closed on
Apr 25, 2018
Sold by
Voon Ji Sang and Lee Gaeun
Bought by
Lee Gaeun
Seller's Agent
Dan Yoo
TS Property Management
Buyer's Agent
Brian Shin
TS Property Management
List Price
$470,000
Sold Price
$518,000
Premium/Discount to List
$48,000
10.21%
Total Days on Market
7
Current Estimated Value
$912,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,998
Avg. Annual Appreciation
8.15%
Original Mortgage
$414,400
Outstanding Balance
$360,916
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$542,722

Purchase Details

Listed on
Mar 15, 2018
Closed on
Apr 23, 2018
Sold by
Kang Ok Hee
Bought by
Lee Gaeun
Seller's Agent
Dan Yoo
TS Property Management
Buyer's Agent
Brian Shin
TS Property Management
List Price
$470,000
Sold Price
$518,000
Premium/Discount to List
$48,000
10.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,400
Outstanding Balance
$360,916
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$542,722

Purchase Details

Listed on
Jul 16, 2012
Closed on
Oct 3, 2012
Sold by
University Place Duplex Llc
Bought by
Kang Ok Hee
Seller's Agent
Joshua Carlson
Better Properties N. Proctor
Buyer's Agent
Kyong Kwon
Berkshire Hathaway HS NW
List Price
$315,000
Sold Price
$300,000
Premium/Discount to List
-$15,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.32%
Original Mortgage
$225,000
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2003
Sold by
Tobiason Laurey and Tobiason Patricia J
Bought by
University Place Duplex Llc

Purchase Details

Closed on
May 24, 2002
Sold by
Tobiason Laurey
Bought by
Tobiason Laurey and Tobiason Patricia J

Purchase Details

Closed on
Jul 21, 2000
Sold by
Rosen Devin Jacob and Rosen Rachel M
Bought by
Williams Matthew O and Williams Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
8.2%

Purchase Details

Closed on
Sep 1, 1998
Sold by
Rosen Devin Jacob and Rosen Rachel M
Bought by
Williams Mattheu O and Williams Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,400
Interest Rate
7.5%
Source: Public Records

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Range of Values:

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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
Lee Gaeun -- Rainier Title Llc
Lee Gaeun $517,719 Rainier Title Llc
Kang Ok Hee $300,000 First American Title Ins Co
University Place Duplex Llc -- --
Tobiason Laurey -- Chicago Title Insurance Co
Williams Matthew O -- First American Title Ins Co
Tobiason Laurey $255,947 First American Title Ins Co
Williams Mattheu O $196,000 Commonwealth Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Gaeun $414,400
Previous Owner Kang Ok Hee $225,000
Previous Owner Tobiason Laurey $165,000
Previous Owner Williams Mattheu O $176,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2018 04/26/18 Sold $518,000 +10.2% $179 / Sq Ft
03/23/2018 03/23/18 Pending -- -- --
03/20/2018 03/20/18 For Sale $470,000 0.0% $162 / Sq Ft
03/16/2018 03/16/18 Pending -- -- --
03/15/2018 03/15/18 For Sale $470,000 +56.7% $162 / Sq Ft
10/05/2012 10/05/12 Sold $300,000 -4.8% $104 / Sq Ft
07/27/2012 07/27/12 Pending -- -- --
07/16/2012 07/16/12 For Sale $315,000 -- $109 / 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
2024 $8,578 $758,300 $329,300 $429,000
2023 $8,578 $721,800 $328,100 $393,700
2022 $8,178 $740,000 $343,200 $396,800
2021 $7,318 $527,500 $221,000 $306,500
2019 $5,935 $493,100 $197,600 $295,500
2018 $6,315 $457,500 $176,400 $281,100
2017 $5,548 $402,200 $146,300 $255,900
2016 $5,162 $316,000 $115,200 $200,800
2014 $4,440 $295,000 $107,000 $188,000
2013 $4,440 $270,400 $96,000 $174,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1255860

Northwest Multiple Listing Service (NWMLS)

APN: 022009-5033