Seller's Agent in 2025
Ryan Meacham
Engel & Voelkers Chambers Bay
(253) 222-5883
3 in this area
92 Total Sales
Listed by Engel & Voelkers Chambers Bay, Bought with Real Broker LLC
2420 S I St Tacoma, WA 98405
Hilltop Neighborhood
6
Beds
6
Baths
2,658
Sq Ft
3,000
Sq Ft Lot
Highlights
- New Construction
- Mountain View
- Thermal Windows
- Stadium High School Rated A-
- No HOA
- 3-minute walk to Edna Travis Park
About This Home
As of August 2025New Construction 6 unit with $8270/mth in rental income (cap 7.2), a 12 year tax abatement at 'land only' taxes, and a proven low-maintenance interior & site design. Income is maximized AND turn-over is simple on these incredibly desirable 1 bdrm/ 1 bath units offering a full-sized kitchen w/ upgraded stainless appls, a good-sized bedroom w/ a large closet space, a living room, and a full-size in-unit washer & dryer. Each unit is designed to share only one floor / ceiling assembly for quieter units, to maximize privacy, and to provide the feel of a stand-alone home. Each unit has a ductless mini-split heat pump for AC & heat. These affordable 1 bdrm units are the fastest renting units in Tacoma! Downtown & light rail friendly location!
Last Agent to Sell the Property
Engel & Voelkers Chambers Bay License #11565 Listed on: 04/15/2025
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2324210
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,741
Year Built
- Built in 2025 | New Construction
Lot Details
- 3,000 Sq Ft Lot
- Partially Fenced Property
- Property is in very good condition
Property Views
- Mountain
- Territorial
Home Design
- Poured Concrete
- Composition Roof
- Cement Board or Planked
Interior Spaces
- 2,658 Sq Ft Home
- 2-Story Property
- Thermal Windows
- Vinyl Plank Flooring
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Parking
- 2 Parking Spaces
- Open Parking
Utilities
- Ductless Heating Or Cooling System
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Tacoma Subdivision
Listing and Financial Details
- Assessor Parcel Number 2024180062
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 15, 2025
Closed on
Aug 28, 2025
Sold by
Meacham Development Llc
Bought by
Kay Dao And Phimphone Songvilay Living Trust and Dao
Seller's Agent
Ryan Meacham
Engel & Voelkers Chambers Bay
Buyer's Agent
Charles Burnett
Real Broker LLC
List Price
$1,200,000
Sold Price
$1,190,000
Premium/Discount to List
-$10,000
-0.83%
Views
3
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-99.91%
Original Mortgage
$558,000
Outstanding Balance
$558,000
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$282,000
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,190,000 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $558,000 | New Conventional | |
| Previous Owner | $625,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/29/2025 08/29/25 | Sold | $1,190,000 | -0.8% | $448 / Sq Ft |
| 05/23/2025 05/23/25 | Pending | -- | -- | -- |
| 04/15/2025 04/15/25 | For Sale | $1,200,000 | -- | $451 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $942 | $164,100 | $164,100 | -- |
| 2024 | $942 | $159,300 | $159,300 | -- |
| 2023 | $942 | $83,900 | $83,900 | -- |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Meacham
-
Charles Burnett
Buyer's Agent in 2025
Charles Burnett
Real Broker LLC
(206) 926-3701
1 in this area
62 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2324210
APN: 202418-0062
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID
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