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1607 South 40th Street

1607 South 40th Street, Tacoma, WA 98418
Property in South End
Sold Feb 04, 2010
$149,000
$161,500 by American Pacific Mortgage Corp
Mortgage Due Dec 01, 2050
Sold Oct 12, 2009
$228,778
Local assessors in Tacoma, WA have categorized 1607 South 40th Street as a residential type of property. The home was built in 1909 and is 115 years old. It was most recently renovated and altered in 2005. The property's lot size has been calculated to be 6,000 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 are 2 full bathrooms. 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 1607 South 40th Street has a total of 1,899 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 357 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 - 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Dec 21, 2009 for $149,000. That's $78.46 per sqft. Prior to that sales transaction, the property was also sold in Oct 8, 2009 for $228,778. 1607 South 40th Street was last assessed in 2022. The total value of the property was assessed at $455,700. Specifically, the land the property is located on was valued at $183,500. While improvements on the property were assessed at a total of $272,200. 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 $4,400. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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: 1909
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 357
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,899
  • Gross Building Area: 105
  • Building Area: 1,899
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Baseboard
  • Heated Square Feet: 1,899
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TAC LAND CO 6TH
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: SECTION 17 TOWNSHIP 20 RANGE 03 QUARTER 24 TAC LAND CO 6TH: TAC LAND CO 6TH L 3 & 4 B 8935 EASE OF RECORD

Ownership

  • Current Owner : ADDY JULIE E
  • Previous Owner : US BANK NATIONAL ASSOCIATION
  • Owner Before Previous Owner: OSMOND AARON

Neighborhood

  • School District Name: Tacoma Public Schools
  • Census Tract: 062501

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: 803-F3
  • Parcel: 893502-2-060
  • Block: 8935
  • Lot: 3,4
  • Meridian: SEC 17 TWN 20 RNG 03
  • Municipality: TACOMA
  • Latitude: 47.2212
  • Longitude: -122.456

    Address

  • Full Address: 1607 S 40th St
  • Address - House Number: 1607
  • Street Direction: S
  • Address - Street Name: 40th
  • Address - Suffix Type: St
  • State: WA
  • City Name: Tacoma
  • Carrier Code: C024
  • 4-Digit Zip Code: 2511
  • Zip Code: 98418

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,400
  • Tax Rate Code Area: 005

    Appraisal Valuation

  • Standard Deviation: 0.1568
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 80
  • Final Value: 463,356
  • High Value: 536,036
  • Low Value: 390,675

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $161,500
  • First Open Lien Mortgage Lender: AMERICAN PACIFIC MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Nov 16, 2020
  • First Open Lien Mortgage Loan Amount: $161,500
  • 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: Dec 01, 2050

    Market Valuation

  • Market Total Value: $455,700
  • Market Land Value: $183,500
  • Market Improvement Value: $272,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $455,700
  • Assessed Land Value: $183,500
  • Assessed Improvements Value: $272,200

    Sales

  • Current Sale Contract Date: Dec 21, 2009
  • Current Sale Recording Date: Feb 04, 2010
  • Current Sale Transaction ID: 1023960168
  • Current Sale Price: $149,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 201002040543
  • Previous Sale Recording Date: Oct 12, 2009
  • Previous Sale Contract Date: Oct 08, 2009
  • Previous Sale Amount: $228,778
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: M & T BANK
  • First Mortgage Transaction Date: Feb 04, 2010
  • First Mortgage Loan Amount: $146,301
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2040

About South End



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Frequently Asked Questions

What neighborhood is 1607 South 40th Street located in?
The 1607 South 40th Street is a located in the neighborhood of South End in South End, Tacoma.
What is the average sales price for listings in 1607 South 40th Street?
The average sales price for units in 1607 South 40th Street is $0 currently.

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