Sold for $335,000

$335,000

2512 Martin Luther King Jr Way, Tacoma, WA 98405

4beds

1,576sqft

SingleFamily

Built in 1910

6,534 Square Feet Lot

$428,200 Zestimate^®

$213/sqft

$3,189 Estimated rent

Home value

$428,200

$390,000 - $462,000

$3,189/mo

Zestimate^® history

Owner options

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$3,189/mo

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$3,189/mo

Rent Zestimate^®

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$2,076/mo

Est. payment

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$2,076/mo

Est. payment

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What's special

Centrally located in Tacoma, this 4 bd 1 1/2 bath home is a Transition Home currently housing 6 long-term tenants through DOC. Buyer must be willing and able to continue working with DOC. The gross rental income is currently $3,000 rent and $420 for utilities (generally, utilities average about $380). The home is well-cared for and the tenants are content to stay and rent is timely.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Heating

Baseboard, Gas

Cooling

None

Appliances

Included: Washer

Features

Flooring: Laminate
Basement: Partially finished

Interior area

Total interior livable area: 1,576 sqft

Property

Parking

Parking features: Off-street

Features

Exterior features: Wood

Lot

Size: 6,534 Square Feet

Details

Parcel number: 7685006220

Construction

Type & style

Home type: SingleFamily

Materials

Frame
Roof: Composition

Condition

Year built: 1910

Community & HOA

Location

Region: Tacoma

Financial & listing details

Price per square foot: $213/sqft
Tax assessed value: $401,500
Annual tax amount: $4,373

Price history

Date	Event	Price
7/12/2024	Sold	$335,000-25.6%$213/sqft
Source: Public Record Report a problem
12/21/2022	Listing removed	--
Source: FSBO-Online.com Report a problem
6/29/2022	Listed for sale	$450,000+125%$286/sqft
Source: FSBO-Online.com Report a problem
3/20/2006	Sold	$200,000$127/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$4,373 +3.7%	$401,500 +6%
2023	$4,217 -5.3%	$378,600 -11.7%
2022	$4,453 +10%	$428,700 +21.5%
2021	$4,049 +30.8%	$352,900 +31.4%
2019	$3,097 +2.2%	$268,600 +12.8%
2018	$3,029 +16.8%	$238,100 +24.3%
2017	$2,594 +11.3%	$191,600 +35.2%
2016	$2,332	$141,700 +5.7%
2014	$2,332 +10.4%	$134,000 +6.4%
2013	$2,111	$125,900 +4.7%
2012	--	$120,200 -14.7%
2011	--	$140,900 -9.1%
2010	--	$155,000 -17.2%
2009	--	$187,300 -3.3%
2008	$2,248	$193,600 +0.8%
2007	$2,248 +42.9%	$192,000 +109.2%
2002	$1,573 +8.9%	$91,800
2001	$1,444	$91,800 +11.5%
2000	$1,444	$82,300