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1311 South Oakes Street

1311 South Oakes Street, Tacoma, WA 98405
Property in Central
Sold Jun 30, 2023
$490,000
$416,500 by T2 Financial Llc
Mortgage Due Jul 01, 2053
Sold Jun 30, 2023
$490,000
Local assessors in Tacoma, WA have categorized 1311 South Oakes Street as a residential type of property. The home was built in 1946 and is 78 years old. It was most recently renovated and altered in 2021. The property's lot size has been calculated to be 4,500 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1311 South Oakes Street has a total of 781 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 detached garage for those who need a place to park their vehicle. The garage on the property is 440 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 frame 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. The building has a roof that is made of composition shingle. Lots of a combination of material were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. The home's baseboard heaters is the primary heating source and it is being fueled with electricity. 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, 1311 South Oakes Street sold most recently in Jun 21, 2023 for a total of $490,000. If you work out the math, that's approximately a cost of $627.40 per sqft. Before that, the property was also sold for $490,000 in Jun 16, 2023. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $3,417 in taxes each year. The initial year of tax delinquency occurred in 2020. 1311 South Oakes Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $355,200. If we break it down further, the land itself was valued at $210,800. Improvements to the property, however, were assessed at a total of $144,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1946
  • Effective Year Built: 2021
  • 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: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,500
  • Lot Size Frontage Feet: 600
  • Total Building Area: 781
  • Gross Building Area: 781
  • Building Area: 781
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Baseboard
  • Heated Square Feet: 781
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: DEL NORTE AVENUE
  • Land Acres: 0.103
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: SECTION 06 TOWNSHIP 20 RANGE 03 QUARTER 42 DEL NORTE AVENUE N 1/2 OF L 6 THRU 8 B 7

Ownership

  • Current Owner : WILSON NOLAN R
  • Current Owner 2: INGLIN MARGARET M
  • Previous Owner : OLD REPUBLIC DIVERSIFIED SERVICES INC
  • Owner Before Previous Owner: HOLM RYAN S
  • Owner Before Previous Owner 2: HOLM RENEE L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Tacoma Public Schools
  • Census Tract: 061200

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: 773-E6
  • Parcel: 347500-0-470
  • Block: 7
  • Lot: 6-8
  • Meridian: SEC 06 TWN 20 RNG 03
  • Municipality: TACOMA
  • Latitude: 47.2487
  • Longitude: -122.472

    Address

  • Full Address: 1311 S Oakes St
  • Address - House Number: 1311
  • Street Direction: S
  • Address - Street Name: Oakes
  • Address - Suffix Type: St
  • State: WA
  • City Name: Tacoma
  • Carrier Code: C006
  • 4-Digit Zip Code: 2613
  • Zip Code: 98405

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,417
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 005

    Appraisal Valuation

  • Standard Deviation: 0.0671
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 96
  • Final Value: 485,947
  • High Value: 518,560
  • Low Value: 453,333

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $416,500
  • First Open Lien Mortgage Lender: T2 FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Jun 30, 2023
  • First Open Lien Mortgage Loan Amount: $416,500
  • 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: Jul 01, 2053

    Market Valuation

  • Market Total Value: $355,200
  • Market Land Value: $210,800
  • Market Improvement Value: $144,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $355,200
  • Assessed Land Value: $210,800
  • Assessed Improvements Value: $144,400

    Sales

  • Current Sale Contract Date: Jun 21, 2023
  • Current Sale Recording Date: Jun 30, 2023
  • Current Sale Transaction ID: 11908836480
  • Current Sale Price: $490,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 573
  • Previous Sale Recording Date: Jun 30, 2023
  • Previous Sale Contract Date: Jun 16, 2023
  • Previous Sale Amount: $490,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: T2 FINANCIAL LLC
  • First Mortgage Transaction Date: Jun 30, 2023
  • First Mortgage Loan Amount: $416,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2053

About Central



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Frequently Asked Questions

What neighborhood is 1311 South Oakes Street located in?
The 1311 South Oakes Street is a located in the neighborhood of Central in Central, Tacoma.
What is the average sales price for listings in 1311 South Oakes Street?
The average sales price for units in 1311 South Oakes Street is $0 currently.

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