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2402 South 50th Street

2402 South 50th Street, Tacoma, WA 98409
Property in South Tacoma
Sold Mar 21, 2023
$330,000
$337,468 by Planet Home Lending, Llc
Mortgage Due Jan 01, 2054
Sold Aug 22, 2008
$152,000
$149,651 by Mortgage Master Service Corp
Mortgage Due Sep 01, 2038
2402 South 50th Street in Tacoma, WA was first built in 1940 and is 84 years old. Although, the building on the property was most recently renovated and altered in 1974. 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. 2402 South 50th Street has 825 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 5,000 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. 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. 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. The property was last sold in Mar 9, 2023 for $330,000. That's $400.00 per sqft. Prior to that sales transaction, the property was also sold in Aug 20, 2008 for $152,000. 2402 South 50th Street was last assessed in 2023. The total value of the property was assessed at $282,000. Specifically, the land the property is located on was valued at $183,800. While improvements on the property were assessed at a total of $98,200. 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 $2,725. 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: 1940
  • Effective Year Built: 1974
  • 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: 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
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 825
  • Gross Building Area: 825
  • Building Area: 825
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 825
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BARKERS
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: SECTION 19 TOWNSHIP 20 RANGE 03 QUARTER 11 BARKERS: BARKERS E 1/2 L 1 THRU 4 B 19

Ownership

  • Current Owner : DRAKE JAMES D
  • Previous Owner : SCHWARTZ NATASCHA M
  • Owner Before Previous Owner: WERNER MATTHEW
  • Owner Before Previous Owner 2: REED JOHANNA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Tacoma Public Schools
  • Census Tract: 062600

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: 803-E4
  • Parcel: 232000-1-050
  • Block: 19
  • Lot: 1-4
  • Meridian: SEC 19 TWN 20 RNG 03
  • Municipality: TACOMA
  • Latitude: 47.2116
  • Longitude: -122.468

    Address

  • Full Address: 2402 S 50th St
  • Address - House Number: 2402
  • Street Direction: S
  • Address - Street Name: 50th
  • Address - Suffix Type: St
  • State: WA
  • City Name: Tacoma
  • Carrier Code: C011
  • 4-Digit Zip Code: 7116
  • Zip Code: 98409

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,725
  • Tax Rate Code Area: 005

    Appraisal Valuation

  • Standard Deviation: 0.2262
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 68
  • Final Value: 348,753
  • High Value: 427,643
  • Low Value: 269,862

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $337,468
  • First Open Lien Mortgage Lender: PLANET HOME LENDING, LLC
  • First Open Lien Mortgage Recording Date: Dec 26, 2023
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $337,468
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2054

    Market Valuation

  • Market Total Value: $282,000
  • Market Land Value: $183,800
  • Market Improvement Value: $98,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $282,000
  • Assessed Land Value: $183,800
  • Assessed Improvements Value: $98,200

    Sales

  • Current Sale Contract Date: Mar 09, 2023
  • Current Sale Recording Date: Mar 21, 2023
  • Current Sale Transaction ID: 11904007836
  • Current Sale Price: $330,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200
  • Previous Sale Recording Date: Aug 22, 2008
  • Previous Sale Contract Date: Aug 20, 2008
  • Previous Sale Amount: $152,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER, LLC
  • First Mortgage Transaction Date: Mar 21, 2023
  • First Mortgage Loan Amount: $330,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Apr 01, 2053

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE MASTER SERVICE CORP
  • Previous Mortgage Transaction Date: Aug 22, 2008
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $149,651
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Sep 01, 2038

About South Tacoma



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Frequently Asked Questions

What neighborhood is 2402 South 50th Street located in?
The 2402 South 50th Street is a located in the neighborhood of South Tacoma in South Tacoma, Tacoma.
What is the average sales price for listings in 2402 South 50th Street?
The average sales price for units in 2402 South 50th Street is $0 currently.

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