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2306 South Melrose Street

2306 South Melrose Street, Tacoma, WA 98405
Property in Central
Sold May 14, 2021
$340,000
$300,000 by Fairway Independent Mortgage C
Mortgage Due Jun 01, 2051
2306 South Melrose Street in Tacoma, WA was first built in 1951 and is 73 years old. Although, the building on the property was most recently renovated and altered in 1986. 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, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 2306 South Melrose Street has 909 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 6,000 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. 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 288 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 a combination of material. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. As for heating, the home is utilizing baseboard heaters and being fueled with electricity. 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. The property was last sold in May 4, 2021 for $340,000. That's $284.04 per sqft. 2306 South Melrose Street was last assessed in 2022. The total value of the property was assessed at $399,100. Specifically, the land the property is located on was valued at $226,200. While improvements on the property were assessed at a total of $172,900. 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 $4,146. 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: 1951
  • Effective Year Built: 1986
  • 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: Attached
  • Garage Square Area: 288
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,197
  • Gross Building Area: 1,197
  • Building Area: 909
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Baseboard
  • Heated Square Feet: 909
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ORCHARDS SUPL TO 2ND ADD
  • Land Acres: 0.138
  • 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 41 ORCHARDS SUPL TO 2ND ADD W 17 FT OF L 16, L 17 & E 8 FT OF 18 B 29

Ownership

  • Current Owner : MCCLELLAN FITZGERALD
  • Current Owner 2: MCCLELLAN BROOKE
  • Previous Owner : LAMBERT DAVID H
  • Previous Owner 2: LAMBERT MARTHA L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: 773-E6
  • Parcel: 655025-0-250
  • Block: 29
  • Lot: 16,17
  • Meridian: SEC 06 TWN 20 RNG 03
  • Municipality: TACOMA
  • Latitude: 47.2472
  • Longitude: -122.467

    Address

  • Full Address: 2306 S Melrose St
  • Address - House Number: 2306
  • Street Direction: S
  • Address - Street Name: Melrose
  • Address - Suffix Type: St
  • State: WA
  • City Name: Tacoma
  • Carrier Code: C026
  • 4-Digit Zip Code: 2947
  • Zip Code: 98405

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,146
  • Tax Rate Code Area: 005

    Appraisal Valuation

  • Standard Deviation: 0.1272
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 85
  • Final Value: 423,419
  • High Value: 477,304
  • Low Value: 369,534

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: May 14, 2021
  • First Open Lien Mortgage Loan Amount: $300,000
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $399,100
  • Market Land Value: $226,200
  • Market Improvement Value: $172,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $399,100
  • Assessed Land Value: $226,200
  • Assessed Improvements Value: $172,900

    Sales

  • Current Sale Contract Date: May 04, 2021
  • Current Sale Recording Date: May 14, 2021
  • Current Sale Transaction ID: 11836132025
  • Current Sale Price: $340,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202105140796

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: May 14, 2021
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

About Central



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Frequently Asked Questions

What neighborhood is 2306 South Melrose Street located in?
The 2306 South Melrose Street is a located in the neighborhood of Central in Central, Tacoma.
What is the average sales price for listings in 2306 South Melrose Street?
The average sales price for units in 2306 South Melrose Street is $0 currently.

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