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1014 South 62nd Street

1014 South 62nd Street, Tacoma, WA 98408
Property in South End
Sold Nov 22, 2021
$125,000
$142,440 by Homestreet Bank
Mortgage Due Dec 01, 2051
1014 South 62nd Street has been categorized by the local assessors in Tacoma, WA as a residential type of property. The building on the property was first built in 1944 and is 80 years old. However, we must point out that the home was most recently renovated and altered in 1976. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1014 South 62nd Street has 1,200 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 9,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 375 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a porch. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of a combination of material. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1014 South 62nd Street was last sold in Nov 18, 2021 for $125,000. According to our calculations, that's $104.17 per sqft. Current property owners are expected to pay $658 in taxes per year. The property on 1014 South 62nd Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $364,800. To break that down further, the land itself was valued at $198,000. While improvements to the property were assessed at a total of $166,800. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1944
  • Effective Year Built: 1976
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Combination
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 375
  • Parking Space Count: 1
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 9,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,200
  • Gross Building Area: 1,272
  • Building Area: 1,200
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,200
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ELSMERE
  • Land Acres: 0.207
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: SECTION 20 TOWNSHIP 20 RANGE 03 QUARTER 43 ELSMERE: ELSMERE L 9 THRU 11 B 9

Ownership

  • Current Owner : DOUGLAS MISTY L
  • Previous Owner : DOUGLAS FRANK L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Tacoma Public Schools
  • Census Tract: 063100

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: 803-G5
  • Parcel: 369500-0-640
  • Block: 9
  • Lot: 9-11
  • Meridian: SEC 20 TWN 20 RNG 03
  • Municipality: TACOMA
  • Latitude: 47.2006
  • Longitude: -122.448

    Address

  • Full Address: 1014 S 62nd St
  • Address - House Number: 1014
  • Street Direction: S
  • Address - Street Name: 62nd
  • Address - Suffix Type: St
  • State: WA
  • City Name: Tacoma
  • Carrier Code: C034
  • 4-Digit Zip Code: 3307
  • Zip Code: 98408

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $658
  • Tax Rate Code Area: 005

    Appraisal Valuation

  • Standard Deviation: 0.1272
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 85
  • Final Value: 391,790
  • High Value: 441,649
  • Low Value: 341,930

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $142,440
  • First Open Lien Mortgage Lender: HOMESTREET BANK
  • First Open Lien Mortgage Recording Date: Nov 22, 2021
  • First Open Lien Mortgage Loan Amount: $142,440
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $364,800
  • Market Land Value: $198,000
  • Market Improvement Value: $166,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $364,800
  • Assessed Land Value: $198,000
  • Assessed Improvements Value: $166,800

    Sales

  • Current Sale Contract Date: Nov 18, 2021
  • Current Sale Recording Date: Nov 22, 2021
  • Current Sale Transaction ID: 11869551172
  • Current Sale Price: $125,000
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 202111220750

    Last Sale Mortgage

  • First Mortgage Lender: HOMESTREET BANK
  • First Mortgage Transaction Date: Nov 22, 2021
  • First Mortgage Loan Amount: $142,440
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

About South End



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Frequently Asked Questions

What neighborhood is 1014 South 62nd Street located in?
The 1014 South 62nd Street is a located in the neighborhood of South End in South End, Tacoma.
What is the average sales price for listings in 1014 South 62nd Street?
The average sales price for units in 1014 South 62nd Street is $0 currently.

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