Listed by eXp Realty
NOT LISTED FOR SALE

Estimated Value: $645,367 - $705,000

8 Beds
4 Baths
3,164 Sq Ft
$213/Sq Ft Est. Value

Last Sold July 09, 2013

Last sale price $220,000 $70 Per Sq Ft

Est. 206% increase in value since last sale

Current estimated payment $4,419/month

3 Days on Market

Highlights

  • Territorial View
  • Wood Siding
  • Wall to Wall Carpet
  • Stadium High School Rated A-

About This Home

As of July 2013

Attention investors! This is your chance to own this beautiful fourplex in the heart of Tacoma. Easy access to downtown, hospitals, University of Washington. All units are 2 bedroom 1 bath homes with washer and dryers. Step into this property and immediate have a positive cash flow or live in one of the units yourself for next to nothing! Or convert units to condos and make a hefty profit! Seller is going to miss this one - their loss is your gain!

Last Agent to Sell the Property

Greg Towne

eXp Realty License #21007895 Listed on: 07/10/2012

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 379698

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,399

Year Built

  • Built in 1982

Lot Details

  • 7,500 Sq Ft Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,164 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Utilities

  • Cable TV Available

Community Details

  • Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2014180021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,399

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1982
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 3164
  • SOCComments: subject to lien holder approval
  • Special Features: 12
  • Cumulative Days on Market: 339

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

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

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Available, Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: TPU
  • SewerCompany: Tacoma
  • WaterCompany: TPU
  • WaterSewerGarbage: 2800

Schools

  • Junior High Dist: Tacoma
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 2014180021
  • Lot Size Acres: 0.1722
  • Lot Size Sq Ft: 7500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 114
  • LeasedItems: None
  • TotalMonthlyIncome: 1275

Multi Family

  • Gross Scheduled Income: 30600
  • Net Operating Income: 21911
  • Number Of Units Total: 4
  • Insurance Expense: 960
  • Leasable Area: 3164
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2010
  • Tax Annual Amount: 3399

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2022
Sold by
Blair Krause
Bought by
Krause Blair and Krause Alexandra Ingraham
Current Estimated Value
$672,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Outstanding Balance
$426,634
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$257,198

Purchase Details

Listed on
Jul 10, 2012
Closed on
Jun 21, 2013
Sold by
Kelly James P and Kelly Carol P
Bought by
Krause Blair
Seller's Agent
Greg Towne
eXp Realty
List Price
$230,000
Sold Price
$220,000
Premium/Discount to List
-$10,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.83%
Original Mortgage
$172,500
Interest Rate
3.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 8, 2011
Sold by
Tacoma Housing Solutions Llc
Bought by
Kelly James P and Kelly Carol Paige

Purchase Details

Closed on
Oct 1, 2007
Sold by
Kelly James P and Kelly Carol P
Bought by
Tacoma Housing Solutions Llc

Purchase Details

Closed on
Nov 9, 2006
Sold by
Columbia City Condos #1 Llc
Bought by
Kelly James P and Kelly Carol P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
7.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 10, 2006
Sold by
Haglund Carl
Bought by
Columbia City Condos #1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
7.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 5, 2004
Sold by
Haglund Victor
Bought by
Haglund Carl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
4.55%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 28, 2004
Sold by
Haglund Joyce R
Bought by
Haglund Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
4.55%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 7, 1993
Sold by
Spain Caryn
Bought by
Haglund Carl
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
Krause Blair -- Wfg National Title Company Of
Krause Blair $230,000 Attorneys Title
Kelly James P -- Accommodation
Tacoma Housing Solutions Llc -- None Available
Kelly James P $410,000 Pnwt
Columbia City Condos #1 Llc -- None Available
Haglund Carl $35,354 Pnwt
Haglund Victor -- Pnwt
Haglund Carl -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krause Blair $455,000
Previous Owner Krause Blair $172,500
Previous Owner Kelly James P $328,000
Previous Owner Haglund Carl $196,000
Previous Owner Haglund Carl $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2013 07/09/13 Sold $220,000 -4.3% $70 / Sq Ft
07/14/2012 07/14/12 Pending -- -- --
07/10/2012 07/10/12 For Sale $230,000 -- $73 / 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 $8,422 $930,000 $246,900 $683,100
2024 $8,422 $844,300 $239,600 $604,700
2023 $8,422 $757,200 $226,900 $530,300
2022 $7,618 $782,200 $229,900 $552,300
2021 $6,859 $546,200 $119,000 $427,200
2019 $5,605 $461,500 $94,700 $366,800
2018 $5,463 $431,600 $82,900 $348,700
2017 $4,630 $346,000 $60,200 $285,800
2016 $3,871 $236,000 $42,200 $193,800
2014 $3,920 $222,700 $43,500 $179,200
2013 $3,920 $209,500 $43,500 $166,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 379698

Northwest Multiple Listing Service (NWMLS)

APN: 201418-0021