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1501 South Pearl Street

1501 South Pearl Street, Tacoma, WA 98465
Property in West End
Sold Jul 27, 2021
$495,000
$486,034 by Movement Mortgage
Mortgage Due Aug 01, 2051
Sold Aug 28, 2015
$220,714
$225,746 by City First Mortgage Services L
Mortgage Due Sep 01, 2045
1501 South Pearl Street in Tacoma, WA was first built in 1960 and is 64 years old. Although, the building on the property was most recently renovated and altered in 1998. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown style. It is a single story home. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 1501 South Pearl Street has 1,361 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 9,000 square feet.

Learn more about the property and building on this page. There is a porch. The roof of the home is made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 220 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 1501 South Pearl Street sold most recently in Jul 16, 2021 for a total of $495,000. If you work out the math, that's approximately a cost of $313.09 per sqft. Before that, the property was also sold for $220,714 in Aug 24, 2015. 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 $4,710 in taxes each year. 1501 South Pearl Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $453,500. If we break it down further, the land itself was valued at $240,300. Improvements to the property, however, were assessed at a total of $213,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1960
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • 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: 0
  • Garage Type: Attached
  • Garage Square Area: 220
  • Parking Space Count: 1
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 9,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,581
  • Gross Building Area: 1,581
  • Building Area: 1,361
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,361
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HIGHLAND PARK
  • Land Acres: 0.207
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: SECTION 02 TOWNSHIP 20 RANGE 02 QUARTER 43 HIGHLAND PARK L 1 THRU 3 B 64

Ownership

  • Current Owner : ELLIOTT AMY
  • Current Owner 2: CRAVEN JAMES
  • Previous Owner : BENKE DREW
  • Previous Owner 2: BENKE KRYSTAL
  • Owner Before Previous Owner: JUNEMAN RICHARD A
  • Owner Before Previous Owner 2: JUNEMAN TERRI L

Neighborhood

  • School District Name: Tacoma Public Schools
  • Census Tract: 061002

Zoning

  • Zoning: R2

Geography

  • Parcel: 447500-1-000
  • Block: 64
  • Lot: 1-3
  • Meridian: SEC 02 TWN 20 RNG 02
  • Municipality: TACOMA
  • Latitude: 47.2468
  • Longitude: -122.515

    Address

  • Full Address: 1501 S Pearl St
  • Address - House Number: 1501
  • Street Direction: S
  • Address - Street Name: Pearl
  • Address - Suffix Type: St
  • State: WA
  • City Name: Tacoma
  • Carrier Code: C064
  • 4-Digit Zip Code: 2217
  • Zip Code: 98465

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,710
  • Tax Rate Code Area: 005

    Appraisal Valuation

  • Standard Deviation: 0.1845
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 75
  • Final Value: 528,799
  • High Value: 626,367
  • Low Value: 431,230

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $486,034
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Jul 27, 2021
  • First Open Lien Mortgage Loan Amount: $486,034
  • 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: Aug 01, 2051

    Market Valuation

  • Market Total Value: $453,500
  • Market Land Value: $240,300
  • Market Improvement Value: $213,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $453,500
  • Assessed Land Value: $240,300
  • Assessed Improvements Value: $213,200

    Sales

  • Current Sale Contract Date: Jul 16, 2021
  • Current Sale Recording Date: Jul 27, 2021
  • Current Sale Transaction ID: 11845582563
  • Current Sale Price: $495,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202107270862
  • Previous Sale Recording Date: Aug 28, 2015
  • Previous Sale Contract Date: Aug 24, 2015
  • Previous Sale Amount: $220,714
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Jul 27, 2021
  • First Mortgage Loan Amount: $486,034
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CITY FIRST MORTGAGE SERVICES L
  • Previous Mortgage Transaction Date: Aug 28, 2015
  • Previous Mortgage Loan Amount: $225,746
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Sep 01, 2045

About West End



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Frequently Asked Questions

What neighborhood is 1501 South Pearl Street located in?
The 1501 South Pearl Street is a located in the neighborhood of West End in West End, Tacoma.
What is the average sales price for listings in 1501 South Pearl Street?
The average sales price for units in 1501 South Pearl Street is $0 currently.

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