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  • Listed by: RE/MAX Northwest • Kathlyn Smith
    Bought with: Seattle Works Real Estate
    $495,000

    1511 S 40th Street, Tacoma, WA 98418

    3beds
    1,558sqft
    Single Family Residence
    Built in 1924
    5,998 Square Feet Lot
    $493,000 Zestimate®
    $318/sqft
    $2,870 Estimated rent

    Home value

    $493,000

    $463,000 - $523,000

    $2,870/mo

    Zestimate® history
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    What's special

    Mature landscapingEngineered hardwood flooringTile bathroomsBrushed nickel fixturesRain barrelsDouble-pane windowsCovered front porch
    Near I-5 access • Finished basement with separate entrance • Fully fenced backyard with fire pit. Classic Craftsman with modern updates and finished basement living space. This 3-bedroom, 2-bath home offers 1,558 sq ft with engineered hardwood flooring, quartz countertops, stainless steel appliances, and brushed nickel fixtures. The open kitchen connects to the dining area with direct access to an updated deck overlooking the fully fenced backyard. Outdoor features include mature landscaping, a custom fire pit, rain barrels, and a large storage shed on the 5,998 sq ft lot. The finished lower level includes a separate exterior entrance providing flexible space for extended living or potential ADU configuration. Additional features include a covered front porch, window seat in the living room, en-suite bathroom off the primary bedroom, tile bathrooms, and double-pane windows. The composition roof was replaced approximately five years ago and the exterior was recently painted. Located about 1 mi to Interstate 5 access, about 2 mi to downtown Tacoma and Tacoma Dome Station transit connections, and about 0.7 mi to Lincoln High School with nearby access to shopping, restaurants, and commuter routes. Be sure to watch the video tour!

    Zillow last checked:

    Listing updated:

    Offers reviewed: Mar 11
    Listed by:

    Kathlyn Smith,

    RE/MAX Northwest

    Bought with:

    Joshua Bellinger, 140901

    Seattle Works Real Estate

    Source: NWMLS as distributed by MLS GRID,MLS#: 2487186MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Primary bedroom
    • Level: Second
    Bedroom
    • Level: Lower
    Bedroom
    • Level: Main
    Bathroom full
    • Level: Second
    Bathroom full
    • Level: Main
    Other
    • Level: Lower
    Dining room
    • Level: Main
    Entry hall
    • Level: Main
    Kitchen with eating space
    • Level: Main
    Living room
    • Level: Main
    Rec room
    • Level: Lower
    Utility room
    • Level: Lower
    Heating
    • Baseboard, Wall Furnace, Electric
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s), Water Heater: Electric, Water Heater Location: Basement
    Features
    • Bath Off Primary, Ceiling Fan(s), Dining Room
    • Flooring: Ceramic Tile, Engineered Hardwood, Vinyl Plank, Carpet
    • Windows: Dbl Pane/Storm Window
    • Basement: Finished
    • Has fireplace: No
    Interior area
    • Total structure area: 1,558
    • Total interior livable area: 1,558 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Driveway, Off Street, RV Parking
    • Uncovered spaces: 1
    Features
    • Levels: One and One Half
    • Stories: 1
    • Entry location: Main
    • Patio & porch: Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Water Heater
    Lot
    • Size: 5,998 Square Feet
    • Features: Paved, Sidewalk, Deck, Fenced-Fully, RV Parking
    • Topography: Level
    Details
    • Parcel number: 8935021960
    • Zoning: TAC
    • Zoning description: Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: 1 1/2 Stry w/Bsmt
    • Property subtype: Single Family Residence
    Materials
    • Cement Planked, Wood Products, Cement Plank
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Year built: 1924
    • Major remodel year: 1990

    Utilities & green energy

    • Electric: Company: Puget Sound Energy
    • Sewer: Sewer Connected, Company: Tacoma Public Utilities
    • Water: Public, Company: Tacoma Public Utilities

    Community & HOA

    Community
    • Subdivision: Tacoma
    Location
    • Region: Tacoma

    Financial & listing details

    • Price per square foot: $318/sqft
    • Tax assessed value: $377,500
    • Annual tax amount: $4,112
    • Offers reviewed: 03/11/2026
    • Date on market: 4/23/2026
    • Cumulative days on market: 8 days
    • Listing terms: Conventional,FHA,VA Loan
    • Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)

    Price history

    DateEventPrice
    3/31/2026Sold$495,000+4.2%$318/sqft
    Source: NWMLS as distributed by MLS GRID #2487186 Report a problem
    3/13/2026Pending sale$475,000$305/sqft
    Source: NWMLS as distributed by MLS GRID #2487186 Report a problem
    3/6/2026Listed for sale$475,000+59.9%$305/sqft
    Source: NWMLS as distributed by MLS GRID #2487186 Report a problem
    11/23/2018Sold$297,000+0.8%$191/sqft
    Source: NWMLS as distributed by MLS GRID #1376491 Report a problem
    10/30/2018Pending sale$294,500$189/sqft
    Source: Savvy Lane Inc #1376491 Report a problem
    10/21/2018Listed for sale$294,500+37%$189/sqft
    Source: Savvy Lane Inc #1376491 Report a problem
    8/1/2018Listing removed$215,000$138/sqft
    Source: RE/MAX Metro Realty, Inc. #1287357 Report a problem
    8/1/2018Listed for sale$215,000-4%$138/sqft
    Source: RE/MAX Metro Realty, Inc. #1287357 Report a problem
    7/25/2018Sold$224,000+4.2%$144/sqft
    Source: NWMLS as distributed by MLS GRID #1287357 Report a problem
    6/1/2018Pending sale$215,000$138/sqft
    Source: RE/MAX Metro Realty, Inc. #1287357 Report a problem
    5/8/2018Listed for sale$215,000+24.8%$138/sqft
    Source: RE/MAX Metro Realty, Inc. #1287357 Report a problem
    6/3/2014Sold$172,219-1.3%$111/sqft
    Source: Public Record Report a problem
    3/19/2014Price change$174,500-3%$112/sqft
    Source: Hawkins Poe Report a problem
    3/10/2014Price change$179,950+3.1%$116/sqft
    Source: Hawkins-Poe Report a problem
    3/8/2014Price change$174,500-3%$112/sqft
    Source: Hawkins Poe Report a problem
    2/21/2014Price change$179,950+3.1%$116/sqft
    Source: Hawkins Poe Report a problem
    2/18/2014Listed for sale$174,500+10.4%$112/sqft
    Source: Hawkins Poe Report a problem
    10/30/2009Sold$158,000+5.4%$101/sqft
    Source: Public Record Report a problem
    8/8/2009Listed for sale$149,900-14%$96/sqft
    Source: foreclosure.com Report a problem
    8/3/2009Sold$174,385+11.8%$112/sqft
    Source: Public Record Report a problem
    2/15/2007Sold$156,000+54.5%$100/sqft
    Source: Public Record Report a problem
    12/12/2002Sold$101,000$65/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,112 +4.1%$377,500 +6.5%
    2023$3,950 -2.2%$354,600 -8.8%
    2022$4,039 +8.5%$388,700 +19.9%
    2021$3,721 +32.2%$324,200 +30.4%
    2019$2,814 $248,700 +15%
    2018-- $216,300 +11.5%
    2017$2,622 +26.9%$194,000 +53%
    2016$2,066 $126,800 +6.8%
    2014$2,066 +14%$118,700 +8.2%
    2013$1,812 $109,700 +6.4%
    2012-- $103,100 -15.8%
    2011-- $122,500 +0.4%
    2010-- $122,000 -13.3%
    2009-- $140,700 -7.7%
    2008$1,827 $152,500 -2.2%
    2007$1,827 +31.9%$155,900 +92.9%
    2002$1,384 +8.8%$80,800
    2001$1,273 $80,800 +11.4%
    2000$1,273 $72,500
    Find assessor info on the county website

    Neighborhood: South End

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $493,000
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $493,000