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2402 South 74th Street

2402 South 74th Street, Tacoma, WA 98409
Property in South Tacoma
Sold Oct 20, 2022
$495,000
$470,250 by Fairway Independent Mortgage C
Mortgage Due Nov 01, 2052
Sold Aug 12, 2020
$365,000
Buyer
Seller
$255,500 by Civic Financial Services Llc
Mortgage Due Sep 01, 2022
2402 South 74th Street in Tacoma, WA was first built in 1962 and is 62 years old. Although, the building on the property was most recently renovated and altered in 1996. 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, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 2402 South 74th Street has 1,774 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. The basement is 1,092 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 12,000 square feet.

Learn more about the property and building on this page. There is a 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 2 sqft. There are a total of 2 available parking spaces. 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 C. 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, 2402 South 74th Street sold most recently in Oct 11, 2022 for a total of $495,000. If you work out the math, that's approximately a cost of $161.03 per sqft. Before that, the property was also sold for $365,000 in Aug 10, 2020. 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 $5,497 in taxes each year. The initial year of tax delinquency occurred in 2021. 2402 South 74th Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $529,500. If we break it down further, the land itself was valued at $212,400. Improvements to the property, however, were assessed at a total of $317,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1962
  • Effective Year Built: 1996
  • Building Count: 2
  • 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
  • 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 Type: Partial basement
  • Basement Area: 1,092
  • Garage Type: Attached
  • Garage Square Area: 2
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 12,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 3,074
  • Gross Building Area: 2,294
  • Building Area: 1,774
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,774
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ARLINGTON PARK
  • Land Acres: 0.276
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: SECTION 30 TOWNSHIP 20 RANGE 03 QUARTER 42 ARLINGTON PARK L 1 & 2 B 9

Ownership

  • Current Owner : VASQUEZ ARACELI
  • Current Owner 2: TRUJILLO DELFINO CANDELARIO
  • Previous Owner : LE HANG T
  • Owner Before Previous Owner: PAN JIN MEI
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Tacoma Public Schools
  • Census Tract: 063000

Zoning

  • Zoning: R4L

Geography

  • Assessors Map Reference: 803-E7
  • Parcel: 223500-0-760
  • Block: 9
  • Lot: 1,2
  • Meridian: SEC 30 TWN 20 RNG 03
  • Municipality: TACOMA
  • Latitude: 47.1899
  • Longitude: -122.469

    Address

  • Full Address: 2402 S 74th St
  • Address - House Number: 2402
  • Street Direction: S
  • Address - Street Name: 74th
  • Address - Suffix Type: St
  • State: WA
  • City Name: Tacoma
  • Carrier Code: C020
  • 4-Digit Zip Code: 6638
  • Zip Code: 98409

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,497
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 005

    Appraisal Valuation

  • Standard Deviation: 0.1286
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 85
  • Final Value: 524,722
  • High Value: 592,243
  • Low Value: 457,201

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $470,250
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Oct 20, 2022
  • First Open Lien Mortgage Loan Amount: $470,250
  • 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: Nov 01, 2052

    Market Valuation

  • Market Total Value: $529,500
  • Market Land Value: $212,400
  • Market Improvement Value: $317,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $529,500
  • Assessed Land Value: $212,400
  • Assessed Improvements Value: $317,100

    Sales

  • Current Sale Contract Date: Oct 11, 2022
  • Current Sale Recording Date: Oct 20, 2022
  • Current Sale Transaction ID: 11897713471
  • Current Sale Price: $495,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 342
  • Previous Sale Recording Date: Aug 12, 2020
  • Previous Sale Contract Date: Aug 10, 2020
  • Previous Sale Amount: $365,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Oct 20, 2022
  • First Mortgage Loan Amount: $470,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: CIVIC FINANCIAL SERVICES LLC
  • Previous Mortgage Transaction Date: Aug 12, 2020
  • Previous Mortgage Loan Amount: $255,500
  • Previous Mortgage Term: 24
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Sep 01, 2022

About South Tacoma



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 2402 South 74th Street located in?
The 2402 South 74th 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 74th Street?
The average sales price for units in 2402 South 74th Street is $0 currently.

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