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1515 South 7th Street

1515 South 7th Street, Tacoma, WA 98405
Property in Central
Sold Apr 05, 2023
$537,472
$523,800 by Wells Fargo Bank Na
Mortgage Due May 01, 2053
Sold Jul 25, 2018
$334,719
$324,950 by Telco Community Cu
Mortgage Due Aug 01, 2048
Local assessors in Tacoma, WA have categorized 1515 South 7th Street as a residential type of property. The home was built in 1927 and is 97 years old. It was most recently renovated and altered in 2023. The property's lot size has been calculated to be 3,000 square feet. 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, 3 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 are also 2 partial bathrooms. 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 1515 South 7th Street has a total of 2,194 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 994 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 attached garage for those who need a place to park their vehicle. The garage on the property is 418 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a porch and a patio so you'll have great options in both the front and back of the home. 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 - C. The building has a roof that is made of composition shingle. Lots of alum/vinyl siding 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. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1515 South 7th Street sold most recently in Apr 1, 2023 for a total of $537,472. If you work out the math, that's approximately a cost of $380.65 per sqft. Before that, the property was also sold for $334,719 in Jul 20, 2018. 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 $5,060 in taxes each year. 1515 South 7th Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $512,500. If we break it down further, the land itself was valued at $183,700. Improvements to the property, however, were assessed at a total of $328,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1927
  • Effective Year Built: 2023
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 994
  • Garage Type: Attached
  • Garage Square Area: 418
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 3,000
  • Total Building Area: 1,412
  • Gross Building Area: 1,412
  • Building Area: 2,194
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,194
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: AMENDATORY PLAT OF AINSWORTH ADD
  • Land Acres: 0.069
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: SECTION 05 TOWNSHIP 20 RANGE 03 QUARTER 22 AMENDATORY PLAT OF AINSWORTH ADD E 1/2 L 11 & 12 B 631

Ownership

  • Current Owner : LAUGHLIN BREANNA MARIE
  • Previous Owner : GROSS PATRICK J
  • Previous Owner 2: GROSS SARA SKYE
  • Owner Before Previous Owner: EMERSON HOUCK MICHELLE
  • Owner Before Previous Owner 2: CISNEROS MICHELLE LEE EMERSON
  • Ownership Rights Codes: Life Estate

Neighborhood

  • School District Name: Tacoma Public Schools
  • Census Tract: 061300

Zoning

  • Zoning: R2-SRD

Geography

  • Assessors Map Reference: 773-F5
  • Parcel: 200631-0-080
  • Block: 631
  • Lot: 11,1
  • Meridian: SEC 05 TWN 20 RNG 03
  • Municipality: TACOMA
  • Latitude: 47.2556
  • Longitude: -122.459

    Address

  • Full Address: 1515 S 7th St
  • Address - House Number: 1515
  • Street Direction: S
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: WA
  • City Name: Tacoma
  • Carrier Code: C003
  • 4-Digit Zip Code: 3314
  • Zip Code: 98405

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,060
  • Tax Rate Code Area: 005

    Appraisal Valuation

  • Standard Deviation: 0.1274
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 85
  • Final Value: 583,650
  • High Value: 658,012
  • Low Value: 509,289

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $523,800
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Apr 05, 2023
  • First Open Lien Mortgage Loan Amount: $523,800
  • 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: May 01, 2053

    Market Valuation

  • Market Total Value: $512,500
  • Market Land Value: $183,700
  • Market Improvement Value: $328,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $512,500
  • Assessed Land Value: $183,700
  • Assessed Improvements Value: $328,800

    Sales

  • Current Sale Contract Date: Apr 01, 2023
  • Current Sale Recording Date: Apr 05, 2023
  • Current Sale Transaction ID: 11904572937
  • Current Sale Price: $537,472
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 176
  • Previous Sale Recording Date: Jul 25, 2018
  • Previous Sale Contract Date: Jul 20, 2018
  • Previous Sale Amount: $334,719
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Apr 05, 2023
  • First Mortgage Loan Amount: $523,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: TELCO COMMUNITY CU
  • Previous Mortgage Transaction Date: Jul 25, 2018
  • Previous Mortgage Loan Amount: $324,950
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2048

About Central



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Frequently Asked Questions

What neighborhood is 1515 South 7th Street located in?
The 1515 South 7th Street is a located in the neighborhood of Central in Central, Tacoma.
What is the average sales price for listings in 1515 South 7th Street?
The average sales price for units in 1515 South 7th Street is $0 currently.

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