Listed by Better Properties UP/Fircrest, Bought with KB Home Sales
NOT LISTED FOR SALE

902 904 101st Stct E Tacoma, WA 98445

Midland Neighborhood

Estimated Value: $498,884 - $620,000

5 Beds
2 Baths
1,734 Sq Ft
$325/Sq Ft Est. Value

Last Sold June 02, 2015

Last sale price $210,000 $121 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $3,370/month

102 Days on Market

Highlights

  • Thermal Windows
  • Partially Fenced Property
  • Wall to Wall Carpet
  • Patio
  • Wood Siding

About This Home

As of June 2015

Great Duplex in the central location of Midland! A nice 2 and 3 bedroom duplex and big lot with own private garage for each unit and extra parking too! Rent has not been raised for many year's on 2 bedroom and seller believes 3 bdrm rent is well below the market! This is a low maintenance, good return investment for any buyer or investor. The possibilities abound! Good cash flow on this great Duplex.

Last Agent to Sell the Property

Art Russo

Better Properties UP/Fircrest License #115078 Listed on: 12/17/2014

Better Properties UP/Fircrest

Co-Listed By

Mark Hulen

Better Properties Real Estate License #50093

Last Buyer's Agent

Nikki Wiley

KB Home Sales License #92884

KB Home Sales

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 725362

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,017

Year Built

  • Built in 1985

Lot Details

  • 0.32 Acre Lot
  • Partially Fenced Property

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1,734 Sq Ft Home
  • 4-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • Midland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7810000791

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,017

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1985
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1734
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Hardwood
  • Stories: 4
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

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

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: TCU
  • SewerCompany: PC
  • WaterCompany: TCU
  • WaterSewerGarbage: 2330

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Franklin Pierce
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 7810000791
  • Lot Size Acres: 0.3168
  • Lot Size Sq Ft: 13800
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Patio
  • MLSLotSizeSource: County
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 9
  • LeasedItems: None
  • TotalMonthlyIncome: 1625

Multi Family

  • Gross Scheduled Income: 19500
  • Net Operating Income: 13353
  • Number Of Units Total: 2
  • Insurance Expense: 434
  • Leasable Area: 1734
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2014
  • Tax Annual Amount: 3017

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2018
Sold by
Gould Matthew J
Bought by
Fresh Collar Llc
Current Estimated Value
$562,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,500
Outstanding Balance
$194,121
Interest Rate
3.94%
Mortgage Type
Commercial
Estimated Equity
$368,850

Purchase Details

Listed on
Dec 17, 2014
Closed on
May 28, 2015
Sold by
Schroeder James T
Bought by
Gould Matthew J
Seller's Agent
Art Russo
Better Properties UP/Fircrest
Buyer's Agent
Nikki Wiley
KB Home Sales
List Price
$219,900
Sold Price
$210,000
Premium/Discount to List
-$9,900
-4.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.95%
Original Mortgage
$206,196
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 16, 2008
Sold by
Schroeder James T
Bought by
Schroeder James T and Schroeder Melinda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 1996
Sold by
Coomer Bunyong M and Chairaksa Bunyong
Bought by
Schroeder James T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,600
Interest Rate
8.32%

Purchase Details

Closed on
Dec 27, 1994
Sold by
Coomer Michael M
Bought by
Coomer Bunyong
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
Fresh Collar Llc $224,719 Wfg National Title
Gould Matthew J $209,719 Rainier Title Llc
Schroeder James T -- Service Link
Schroeder James T $104,865 Commonwealth Title Company
Coomer Bunyong -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fresh Collar Llc $229,500
Previous Owner Gould Matthew J $206,196
Previous Owner Schroeder James T $133,000
Previous Owner Schroeder James T $97,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2015 06/02/15 Sold $210,000 -4.5% $121 / Sq Ft
03/31/2015 03/31/15 Pending -- -- --
12/18/2014 12/18/14 For Sale $219,900 -- $127 / 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 $5,016 $471,000 $189,300 $281,700
2024 $5,016 $465,000 $185,200 $279,800
2023 $5,016 $428,200 $176,900 $251,300
2022 $4,904 $457,800 $180,900 $276,900
2021 $4,241 $315,500 $111,600 $203,900
2019 $3,492 $276,600 $99,500 $177,100
2018 $3,656 $268,600 $85,800 $182,800
2017 $3,656 $241,300 $63,500 $177,800
2016 -- $174,900 $42,900 $132,000
2014 $3,140 $166,800 $38,100 $128,700
2013 $3,140 $154,200 $36,500 $117,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 725362

Northwest Multiple Listing Service (NWMLS)

APN: 781000-0791