by RH Advisors

See Home Value
Listed by: Beth Rahman, eXp Realty, 888-317-5197, Listing Courtesy of NWMLS
$535,000
House - Off Market

511 S 55th Street

Tacoma, WA 98408
bedrooms
3 Beds
bathrooms
1 Bath
$3,147
Estimated Monthly
4.20%
Cap Rate

About This Property

Opportunity is knocking! Fully Renovated main home has almost 1300 sf of finished space - including 2 beds on the main level and a large bedroom upstairs, and a full bath on the main floor. Gorgeous kitchen offers shaker cabinets, stainless appliances, and impressive counter tops. Living room has a cozy wood-burning fireplace. An additional 420 sf of unfinished basment includes the laundry area and plenty of storage or hobby space- plus a door to the backyard. Ready for your finishing ideas! Located behind the house with alley access, the DADU is a 1 bed, 1 bath apartment PLUS an attached one-car garage and a carport. Earn income to help pay the mortgage, rent out both, or have a fantastic home office setup! It's all move-in ready.
Unit Size
-
Days on Market
142 days
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$353
HOA Dues
-
Year Built
1929
Last updated: 6 months ago (NWMLS #NWM2147254)

Price History

Date / Event Date Event Price
Dec 29, 2023 Sold to Shawn Huang $535,000
Sold to Shawn Huang
Aug 9, 2023 Listed by eXp Realty $569,000
Listed by eXp Realty
Feb 24, 2023 Sold $345,000
Sold
Aug 21, 2020 Sold to Casey R Lowe, Miriam Estell... $260,000
Sold to Casey R Lowe, Miriam Estell...
Sep 9, 2008 Sold to Jocelyn Irving, Tara S Marsh $206,000
Sold to Jocelyn Irving, Tara S Marsh

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1992
  • Building Count: 2
  • 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
  • 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: Unspecified basement
  • Basement Area: 420
  • Garage Type: Attached
  • Garage Square Area: 247
  • Parking Space Count: 3
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,434
  • Gross Building Area: 2,434
  • Building Area: 1,767
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,767
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HALL & CAVENDERS
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: SECTION 21 TOWNSHIP 20 RANGE 03 QUARTER 23 HALL & CAVENDERS L 11 & 12 B 18

Ownership

  • Current Owner : HUANG SHAWN
  • Previous Owner : 511 CR LLC
  • Owner Before Previous Owner: LOWE CASEY R
  • Owner Before Previous Owner 2: LOWE MIRIAM ESTELLE

Neighborhood

  • School District Name: Tacoma Public Schools
  • Census Tract: 062400

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: 803-H4
  • Parcel: 432500-1-100
  • Block: 18
  • Lot: 11,12
  • Meridian: SEC 21 TWN 20 RNG 03
  • Municipality: TACOMA
  • Latitude: 47.2076
  • Longitude: -122.439

    Address

  • Full Address: 511 S 55th St
  • Address - House Number: 511
  • Street Direction: S
  • Address - Street Name: 55th
  • Address - Suffix Type: St
  • State: WA
  • City Name: Tacoma
  • Carrier Code: C022
  • 4-Digit Zip Code: 6424
  • Zip Code: 98408

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,171
  • Intital Tax Deliquent Year: 2023
  • Tax Rate Code Area: 005

    Appraisal Valuation

  • Standard Deviation: 0.0678
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 96
  • Final Value: 563,948
  • High Value: 602,200
  • Low Value: 525,696

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $516,275
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Dec 29, 2023
  • First Open Lien Mortgage Loan Amount: $516,275
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2054

    Market Valuation

  • Market Total Value: $398,400
  • Market Land Value: $168,200
  • Market Improvement Value: $230,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $398,400
  • Assessed Land Value: $168,200
  • Assessed Improvements Value: $230,200

    Sales

  • Current Sale Contract Date: Dec 18, 2023
  • Current Sale Recording Date: Dec 29, 2023
  • Current Sale Transaction ID: 11918575535
  • Current Sale Price: $535,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 452
  • Previous Sale Recording Date: Feb 24, 2023
  • Previous Sale Contract Date: Feb 22, 2023
  • Previous Sale Amount: $345,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Dec 29, 2023
  • First Mortgage Loan Amount: $516,275
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2054



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
-
$519,390 Sep 28, 2023
$519,390 Jan 2, 2024
$495/mo
House
3 Beds
2 Baths
-
$499,950 Nov 22, 2023
$499,950 Dec 29, 2023
$411/mo
House
3 Beds
2 Baths
-
$450,000 Nov 24, 2023
$450,000 Dec 29, 2023
$430/mo
House
3 Beds
3 Baths
-
$545,000 Apr 30, 2019
$545,000 Jul 8, 2019
$542/mo
House
4 Beds
3 Baths
-
$548,000 Sep 15, 2023
$548,000 Dec 29, 2023
$86/mo
House
4 Beds
2 Baths
-
$499,000 Nov 17, 2022
$499,000 Dec 28, 2022
$302/mo
In Contract
House
3 Beds
4 Baths
-
$624,999 Nov 8, 2023
-
$553/mo
House
3 Beds
2 Baths
-
$485,000 Nov 18, 2023
-
$305/mo
House
4 Beds
3 Baths
-
$539,999 Oct 19, 2023
-
$414/mo
House
4 Beds
3 Baths
-
$585,000 Sep 29, 2023
-
$532/mo
House
4 Beds
3 Baths
-
$498,750 Nov 27, 2023
-
$371/mo
House
4 Beds
2 Baths
-
$479,900 Aug 1, 2023
-
$364/mo

About South End


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Nearby Rentals



Frequently Asked Questions

When was property at 511 South 55th Street built and last sold?
The property at 511 South 55th Street was built in 1929 and last sold on Dec 18, 2023 for $535,000.
How much is this home worth?
The estimated value of the home located at 511 South 55th Street is $574,690.
What are some comparable homes to 511 South 55th Street?
Homes that are comparable to 511 South 55th Street include a house property at 524 South 55th Street, 6012 A Street, 6138 Yakima Avenue.

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