NOT LISTED FOR SALE

Estimated Value: $848,015 - $922,000

-- Bed
-- Bath
3,189 Sq Ft
$278/Sq Ft Est. Value

Last Sold December 31, 2020

Last sale price $649,000 $204 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $5,578/month

54 Days on Market

Highlights

  • RV Access or Parking
  • Property is Fully Fenced
  • 1-Story Property
  • Corner Lot
  • Wall to Wall Carpet

About This Home

As of December 2020

Unique property, 4 rentals plus 2,000 square foot shop and construction yard. Property has been the base of operations for a long time landlord. Great set up for a contractor/landlord/flipper or rent the space out for extra income. Tenant moving from home 9/30/2020, all units occupied at this time. Owner will remove all items from shop prior to closing, in the process of cleaning out. New roof on house 9/2020.

Last Agent to Sell the Property

Daniel White

Whitehouse Properties LLC License #18613 Listed on: 09/11/2020

Last Buyer's Agent

Kekoa Lwin

eXp Realty License #23028853

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1661827

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,783

Year Built

  • Built in 1915

Lot Details

  • 6,500 Sq Ft Lot
  • Lot Dimensions are 130 x 50
  • Property is Fully Fenced
  • Corner Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Block Foundation
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 3,189 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 5 Parking Spaces
  • 2 Covered Spaces
  • Open Parking
  • RV Access or Parking

Community Details

  • Tac Land Co Condos
  • South Tacoma Subdivision

Listing and Financial Details

  • Legal Lot and Block 19 & 20 / 9128
  • Assessor Parcel Number 8935024840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,783

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1915
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Tac Land Co
  • New Construction: No
  • CalculatedSquareFootage: 3189
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: Commission net of any credits
  • Special Features: None
  • Cumulative Days on Market: 368

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Corner Lot
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Block
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 5

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Landlord
  • SewerCompany: Landlord
  • WaterCompany: Landlord
  • WaterSewerGarbage: 3532

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 8935024840
  • Lot Size Acres: 0.1492
  • Lot Size: 130 x 50
  • Lot Size Sq Ft: 6500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,RV Parking,Shop
  • MLSLotSizeSource: Tax Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 19 & 20

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 4210

Multi Family

  • Gross Scheduled Income: 50520
  • Net Operating Income: 36588
  • Number Of Units Total: 4
  • Electric Expense: 303
  • Insurance Expense: 1767
  • Leasable Area: 3189
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3783

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2020
Closed on
Jan 29, 2021
Sold by
Hernandez Jessica
Bought by
Trisingle Shop 1309 Llc
Seller's Agent
Daniel White
Whitehouse Properties LLC
Buyer's Agent
Kekoa Lwin
eXp Realty
List Price
$795,000
Sold Price
$649,000
Premium/Discount to List
-$146,000
-18.36%
Current Estimated Value
$885,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,008
Avg. Annual Appreciation
7.07%
Original Mortgage
$486,750
Outstanding Balance
$436,337
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$448,671

Purchase Details

Listed on
Sep 11, 2020
Closed on
Dec 29, 2020
Sold by
Burris Bruce A
Bought by
Hernandez Jessica A
Seller's Agent
Daniel White
Whitehouse Properties LLC
Buyer's Agent
Kekoa Lwin
eXp Realty
List Price
$795,000
Sold Price
$649,000
Premium/Discount to List
-$146,000
-18.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,750
Outstanding Balance
$436,337
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$448,671
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
Trisingle Shop 1309 Llc -- None Available
Hernandez Jessica A $649,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Jessica A $486,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2020 12/31/20 Sold $649,000 0.0% $204 / Sq Ft
11/10/2020 11/10/20 Price Changed $649,000 -6.6% $204 / Sq Ft
11/04/2020 11/04/20 Pending -- -- --
10/26/2020 10/26/20 Price Changed $695,000 -6.7% $218 / Sq Ft
10/17/2020 10/17/20 Price Changed $745,000 -6.3% $234 / Sq Ft
09/11/2020 09/11/20 For Sale $795,000 -- $249 / 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 $8,278 $777,700 $179,700 $598,000
2024 $8,278 $818,700 $163,300 $655,400
2023 $8,278 $744,200 $163,300 $580,900
2022 $7,416 $744,200 $163,300 $580,900
2021 $3,501 $278,300 $133,700 $144,600
2019 $3,147 $278,800 $122,000 $156,800
2018 $3,327 $242,000 $101,200 $140,800
2017 $3,083 $210,500 $84,400 $126,100
2016 $3,376 $191,300 $84,400 $106,900
2014 $3,409 $194,200 $64,900 $129,300
2013 $3,409 $194,300 $68,400 $125,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1661827

Northwest Multiple Listing Service (NWMLS)

APN: 893502-4840