Listed by Better Properties Sterling, Bought with Coldwell Banker Bain
NOT LISTED FOR SALE

Estimated Value: $660,000 - $682,000

1 Bed
3 Baths
1,880 Sq Ft
$358/Sq Ft Est. Value

Last Sold June 28, 2012

Last sale price $140,000 $74 Per Sq Ft

Est. 381% increase in value since last sale

Current estimated payment $4,117/month

71 Days on Market

Highlights

  • Partially Fenced Property
  • Wood Siding
  • Wall to Wall Carpet
  • Lowell Elementary School Rated A-

About This Home

As of June 2012

Opportunity .. vary rare to find owner financing available .. large down with 5 year call .. or make a proposal that suits your buyer .. small house with basement in front and duplex in back .. all one bdrms

Last Agent to Sell the Property

Herb Scheu

Better Properties Sterling License #33809 Listed on: 04/01/2012

Last Buyer's Agent

Jennifer Kaul

Coldwell Banker Bain License #32517

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 338099

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1933

Lot Details

  • 3,250 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,880 Sq Ft Home
  • 2-Story Property
  • Wall to Wall Carpet

Parking

  • 2 Parking Spaces
  • Open Parking

Schools

  • Stadium High School

Utilities

  • Cable TV Available

Community Details

  • New Tacoma Condos
  • New Tacoma Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / 3522
  • Assessor Parcel Number 2035220040

Property Details

Home Type

Multi-Family

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1933
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: New Tacoma
  • CalculatedSquareFootage: 1880
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Fair
  • Structure Type: Triplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: TPU
  • WaterSewerGarbage: 2100

Schools

  • Junior High Dist: Tacoma
  • High School: Stadium

Lot Info

  • Parcel Number: 2035220040
  • Lot Size Acres: 0.0746
  • Lot Size Sq Ft: 3250
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially
  • ZoningClass: Multi-Family
  • LotNumber: 5

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 1850

Multi Family

  • Gross Scheduled Income: 22200
  • Net Operating Income: 17254
  • Number Of Units Total: 3
  • Insurance Expense: 450
  • Leasable Area: 1880
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2012
  • Tax Annual Amount: 3894

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2024
Sold by
Eriksson Gunilla L
Bought by
516 N K St Llc
Current Estimated Value
$672,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,750
Outstanding Balance
$490,998
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$181,945

Purchase Details

Closed on
Jul 19, 2018
Sold by
Mclees Steven Hunter and Mclees Kelley
Bought by
Eriksson Gunilla L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2017
Sold by
Hubbard Emily
Bought by
Hubbard Ross

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,250
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2017
Sold by
Mclees Kelley and Mclees Steven Hunter
Bought by
Mclees Steven Hunter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,350
Interest Rate
3.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 24, 2017
Sold by
Franklin Mary J
Bought by
Mclees Steven Hunter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,350
Interest Rate
3.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 3, 2013
Sold by
Bean Lawrence and Bean Songcha
Bought by
Franklin Mary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
3.37%
Mortgage Type
VA

Purchase Details

Listed on
Apr 1, 2012
Closed on
Jun 25, 2012
Sold by
Udall William N and Udall Debra
Bought by
Bean Lawrence
Seller's Agent
Herb Scheu
Better Properties Sterling
Buyer's Agent
Jennifer Kaul
Coldwell Banker Bain
List Price
$160,000
Sold Price
$140,000
Premium/Discount to List
-$20,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.57%
Original Mortgage
$120,000
Interest Rate
3.74%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 4, 2000
Sold by
Ball Donald T
Bought by
Udall William N
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
516 N K St Llc $661,000 Fidelity National Title
Eriksson Gunilla L $424,719 First American Title Insuran
Hubbard Ross -- First American Title Company
Mclees Steven Hunter -- First American Title Company
Mclees Steven Hunter -- Ticor Title
Mclees Steven Hunter $299,719 Ticor Title
Franklin Mary J $195,000 Rainier Title Llc
Bean Lawrence $140,000 Old Republic Title Ltd
Udall William N $109,230 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 516 N K St Llc $495,750
Previous Owner Eriksson Gunilla L $297,500
Previous Owner Hubbard Ross $266,250
Previous Owner Mclees Steven Hunter $355,350
Previous Owner Franklin Mary J $195,000
Previous Owner Bean Lawrence $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2012 06/28/12 Sold $140,000 -12.5% $74 / Sq Ft
06/12/2012 06/12/12 Pending -- -- --
04/01/2012 04/01/12 For Sale $160,000 -- $85 / 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 $6,589 $654,100 $313,300 $340,800
2024 $6,589 $642,500 $294,100 $348,400
2023 $6,589 $592,200 $262,200 $330,000
2022 $5,855 $606,300 $293,800 $312,500
2021 $5,735 $456,500 $194,600 $261,900
2019 $5,040 $421,400 $161,600 $259,800
2018 $2,598 $388,000 $143,200 $244,800
2017 $2,749 $329,100 $121,200 $207,900
2016 $2,615 $263,700 $83,600 $180,100
2014 $3,432 $236,100 $78,200 $157,900
2013 $3,432 $217,000 $66,000 $151,000
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 338099

Northwest Multiple Listing Service (NWMLS)

APN: 203522-0040