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11424 A Street South

11424 A Street South, Tacoma, WA 98444
Property in Parkland
Sold Oct 15, 2021
$2,433,940
$1,991,000 by Commercial Mortgage Llc
Mortgage Due Oct 01, 2042
Sold Dec 01, 2006
$999,600
$770,000 by Us Bank Na
Mortgage Due Dec 01, 2036
Local assessors in Tacoma, WA have categorized 11424 A Street South as a residential type of property. The home was built in 1995 and is 29 years old. It was most recently renovated and altered in 2004. The property's lot size has been calculated to be 27,436 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 11424 A Street South has a total of 11,820 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. The garage on the property is 14 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. Residents rely on a wall air conditioning unit for their cooling system. The home's floor/wall heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 11424 A Street South sold most recently in Oct 14, 2021 for a total of $2,433,940. If you work out the math, that's approximately a cost of $205.92 per sqft. Before that, the property was also sold for $999,600 in Nov 29, 2006. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $21,663 in taxes each year. 11424 A Street South was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,902,600. If we break it down further, the land itself was valued at $620,500. Improvements to the property, however, were assessed at a total of $1,282,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Floor Count: 2
  • Living Units: 14
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 14
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 27,436
  • Lot Size Frontage Feet: 2,050
  • Total Building Area: 11,820
  • Building Area: 11,820
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Wall air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 11,820
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PIERCE COUNTY SHORT PLAT #8711190235
  • Land Acres: 0.63
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: SECTION 09 TOWNSHIP 19 RANGE 03 QUARTER 21 : L 4 OF SHORT PLAT 87-11-19-0235 TOG/W EASE & RESTRICTIONS OF REC OUT OF 2-006 SEG Y-1075 SG ES

Ownership

  • Current Owner : VIOLET MEADOWS LLC
  • Previous Owner : VIOLET MEADOWS APTS LLC
  • Owner Before Previous Owner: LAURITZEN RICHARD L
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Franklin Pierce School District
  • Census Tract: 071707

Zoning

  • Zoning: UCOR

Geography

  • Assessors Map Reference: 833-H5
  • Parcel: 031909-6-009
  • Lot: 4
  • Meridian: SEC 09 TWN 19 RNG 03
  • Municipality: PIERCE COUNTY
  • Latitude: 47.1521
  • Longitude: -122.432

    Address

  • Full Address: 11424 A St S
  • Address - House Number: 11424
  • Street Segment Direction: S
  • Address - Street Name: A
  • Address - Suffix Type: St
  • State: WA
  • City Name: Tacoma
  • Carrier Code: C010
  • 4-Digit Zip Code: 5549
  • Zip Code: 98444

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $21,663
  • Tax Rate Code Area: 515

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,991,000
  • First Open Lien Mortgage Lender: COMMERCIAL MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Sep 29, 2022
  • First Open Lien Mortgage Loan Amount: $1,991,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2042

    Market Valuation

  • Market Total Value: $1,902,600
  • Market Land Value: $620,500
  • Market Improvement Value: $1,282,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,902,600
  • Assessed Land Value: $620,500
  • Assessed Improvements Value: $1,282,100

    Sales

  • Current Sale Contract Date: Oct 14, 2021
  • Current Sale Recording Date: Oct 15, 2021
  • Current Sale Transaction ID: 11860223363
  • Current Sale Price: $2,433,940
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202110150240
  • Previous Sale Recording Date: Dec 01, 2006
  • Previous Sale Contract Date: Nov 29, 2006
  • Previous Sale Amount: $999,600
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PACIFIC CREST SAVINGS BANK
  • First Mortgage Transaction Date: Oct 15, 2021
  • First Mortgage Loan Amount: $2,205,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Credit Line (Revolving)

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: US BANK NA
  • Previous Mortgage Transaction Date: Dec 01, 2006
  • Previous Mortgage Loan Amount: $770,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Dec 01, 2036

About Parkland



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Frequently Asked Questions

What neighborhood is 11424 A Street South located in?
The 11424 A Street South is a located in the neighborhood of Parkland in Parkland, Tacoma.
What is the average sales price for listings in 11424 A Street South?
The average sales price for units in 11424 A Street South is $0 currently.

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