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1418 116th Street South

1418 116th Street South, Tacoma, WA 98444
Property in Parkland
Sold Apr 26, 2018
$239,719
$132,275 by Key Bank Na
Mortgage Due May 01, 2048
1418 116th Street South 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 1949 and is 75 years old. However, we must point out that the home was most recently renovated and altered in 2005. 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, 1418 116th Street South has 886 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a unknown that is 886 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 5,000 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 carport for those who require parking. The garage measured 220 sqft. According to our sources, there are a total of 2 available parking spaces. 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 alum/vinyl siding. 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. The property was last sold in Apr 25, 2018 for $239,719. That's $175.49 per sqft. 1418 116th Street South was last assessed in 2022. The total value of the property was assessed at $316,600. Specifically, the land the property is located on was valued at $137,900. While improvements on the property were assessed at a total of $178,700. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $3,604. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 2005
  • Building Count: 2
  • 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: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 886
  • Garage Type: Carport
  • Garage Square Area: 220
  • Parking Space Count: 2
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,366
  • Gross Building Area: 886
  • Building Area: 886
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 886
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: VIOLET MEADOW
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: SECTION 08 TOWNSHIP 19 RANGE 03 QUARTER 24 VIOLET MEADOW: VIOLET MEADOW L 15 & 16 B 65

Ownership

  • Current Owner : COPPIN RICHARD
  • Current Owner 2: CARDENAS OLIVIA DEL CARMEN ACOSTA
  • Previous Owner : WOLFE PAUL A
  • Previous Owner 2: WOLFE DIANE D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin Pierce School District
  • Census Tract: 071504

Zoning

  • Zoning: MSF

Geography

  • Assessors Map Reference: 833-F5
  • Parcel: 926500-5-390
  • Block: 65
  • Lot: 15,16
  • Meridian: SEC 08 TWN 19 RNG 03
  • Municipality: PIERCE COUNTY
  • Latitude: 47.1511
  • Longitude: -122.454

    Address

  • Full Address: 1418 116th St S
  • Address - House Number: 1418
  • Street Segment Direction: S
  • Address - Street Name: 116th
  • Address - Suffix Type: St
  • State: WA
  • City Name: Tacoma
  • Carrier Code: C002
  • 4-Digit Zip Code: 2520
  • Zip Code: 98444

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,604
  • Tax Rate Code Area: 515

    Appraisal Valuation

  • Standard Deviation: 0.1558
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 80
  • Final Value: 364,249
  • High Value: 421,024
  • Low Value: 307,474

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $132,275
  • First Open Lien Mortgage Lender: KEY BANK NA
  • First Open Lien Mortgage Recording Date: Apr 26, 2018
  • First Open Lien Mortgage Loan Amount: $132,275
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2048

    Market Valuation

  • Market Total Value: $316,600
  • Market Land Value: $137,900
  • Market Improvement Value: $178,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $316,600
  • Assessed Land Value: $137,900
  • Assessed Improvements Value: $178,700

    Sales

  • Current Sale Contract Date: Apr 25, 2018
  • Current Sale Recording Date: Apr 26, 2018
  • Current Sale Transaction ID: 11454555534
  • Current Sale Price: $239,719
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201804260545

    Last Sale Mortgage

  • First Mortgage Lender: KEY BANK NA
  • First Mortgage Transaction Date: Apr 26, 2018
  • First Mortgage Loan Amount: $132,275
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2048

About Parkland



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Frequently Asked Questions

What neighborhood is 1418 116th Street South located in?
The 1418 116th Street South is a located in the neighborhood of Parkland in Parkland, Tacoma.
What is the average sales price for listings in 1418 116th Street South?
The average sales price for units in 1418 116th Street South is $0 currently.

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