Looking for a Great Investment in a Great Location, Close to Mall & Shopping, on a Large Lot with Room to Expand? Live in one Unit and Rent Out the Other. Solid Home / Duplex with the Possibility of an ADU according to City, & the Carriage House May be able to be Turned into an ADU or Convert Back to 2 Car Garage. Entire Property is Fenced, with Plenty of Parking Inside for all. RV Parking. Downstairs Unit has A/C, 2 Beds, Remodeled Bath, Large Kitchen, Dining Room, Living Room, Fireplace, & High Ceilings. Upstairs is a 1 Bedroom, Remodeled Bath, Large Kitchen & Living Room. New Water Heater & Smart Tank, New Lifetime Gutters. Alley Access. Fruit Trees & Grapevines. Limitless Possibilities! Do Not Walk on Property without Appointment.
Sold
Listed by: John L. Scott, Inc • Ramon H. Gutierrez
Bought with: Rain Town Realty + JPAR
$505,000
1016 S 48th Street #A/B, Tacoma, WA 98408
--beds
--baths
1,854sqft
Multi Family
Built in 1906
-- sqft lot
$535,600 Zestimate®
$272/sqft
$2,240 Estimated rent
Home value
$535,600
$509,000 - $562,000
$2,240/mo
Zestimate® history
Owner options
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$2,240/mo
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$2,240/mo
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$3,087/mo
Est. payment
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$3,087/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Ramon H. Gutierrez,
John L. Scott, Inc
Bought with:
Clinton Rogers, 21013234
Rain Town Realty + JPAR
Source: NWMLS as distributed by MLS GRID,MLS#: 2262603
Facts & features
Interior
Heating
- 90%+ High Efficiency, Baseboard, Ductless HP-Mini Split, Other – See Remarks, Electric, See Remarks, Wood
Cooling
- Has cooling: Yes
Features
- Flooring: Laminate, Vinyl, Carpet
- Has fireplace: No
Interior area
- Total structure area: 1,854
- Total interior livable area: 1,854 sqft
Property
Parking
- Total spaces: 3
- Parking features: RV Parking
- Uncovered spaces: 3
Features
- Patio & porch: Laminate, Wall to Wall Carpet
Lot
- Size: 8,189 Square Feet
- Features: Corner Lot, Curbs, Dead End Street, Paved, Sidewalk, Fenced-Fully, Outbuildings, RV Parking
Details
- Parcel number: 7785001080
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Foundation: Block
- Roof: Composition
Condition
- Year built: 1906
- Major remodel year: 1962
Utilities & green energy
- Electric: Company: TPU
- Sewer: Sewer Connected, Company: TPU
- Water: Public, Company: TPU
Community & HOA
Community
- Subdivision: South Tacoma
Location
- Region: Tacoma
Financial & listing details
- Price per square foot: $272/sqft
- Tax assessed value: $425,200
- Annual tax amount: $4,471
- Date on market: 9/6/2024
- Cumulative days on market: 567 days
- Listing terms: Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 9/19/2024 | Sold | $505,000+6.3%$272/sqft |
Source:  NWMLS as distributed by MLS GRID #2262603 Report a problem | ||
| 8/1/2024 | Pending sale | $475,000$256/sqft |
Source: NWMLS as distributed by MLS GRID #2262603 Report a problem | ||
| 7/18/2024 | Listed for sale | $475,000+55.7%$256/sqft |
Source: NWMLS as distributed by MLS GRID #2262603 Report a problem | ||
| 3/17/2020 | Sold | $305,000$165/sqft |
Source: NWMLS as distributed by MLS GRID #1567983 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,630 +3.6% | $425,200 +5.9% |
| 2023 | $4,471 -1.7% | $401,500 -8.3% |
| 2022 | $4,548 +8.2% | $437,900 +19.5% |
| 2021 | $4,205 +31.2% | $366,500 +29.6% |
| 2019 | $3,204 -9.1% | $282,800 +14.8% |
| 2018 | $3,524 +16.9% | $246,400 +10.5% |
| 2017 | $3,014 +12.9% | $223,000 +36.3% |
| 2016 | $2,670 | $163,600 +6.6% |
| 2014 | $2,670 +13.1% | $153,500 +8.3% |
| 2013 | $2,362 | $141,800 +5.4% |
| 2012 | -- | $134,500 -15.3% |
| 2011 | -- | $158,800 -13.6% |
| 2010 | -- | $183,700 +65.3% |
| 2002 | $1,889 +5.8% | $111,100 +0.7% |
| 2001 | $1,786 | $110,300 +8.3% |
| 2000 | $1,786 | $101,800 |
Find assessor info on the county website
Neighborhood: South End
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Nearby schools
GreatSchools rating
- 7/10Mann Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 3/10Angelo Giaudrone Middle SchoolGrades: 6-8Distance: 0.6 mi
- 2/10Lincoln High SchoolGrades: 9-12Distance: 1 mi
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Estimated market value
$535,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$535,600
- Washington
- Pierce County
- Tacoma
- 98408
- South End
- 1016 S 48th Street Unit A/B
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