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517 South Division Lane

517 South Division Lane, Tacoma, WA 98418
Property in South End
Sold Oct 13, 2021
$380,000
$368,600 by Us Bank Na
Mortgage Due Nov 01, 2051
Sold May 03, 2017
$209,719
$189,000 by Pennymac Loan Services Llc
Mortgage Due Jun 01, 2047
517 South Division Lane in Tacoma, WA was first built in 1946 and is 78 years old. Although, the building on the property was most recently renovated and altered in 1984. 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. 517 South Division Lane has 1,109 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 3,500 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 detached garage. The garage is 400 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 brick 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 brick. 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. 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, 517 South Division Lane sold most recently in Oct 8, 2021 for a total of $380,000. If you work out the math, that's approximately a cost of $173.20 per sqft. Before that, the property was also sold for $209,719 in May 1, 2017. 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 $3,919 in taxes each year. 517 South Division Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $399,800. If we break it down further, the land itself was valued at $153,300. Improvements to the property, however, were assessed at a total of $246,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1946
  • Effective Year Built: 1984
  • Building Count: 2
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Brick
  • Building Style: Unknown
  • Exterior Walls Type: Brick
  • 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: 685
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 3,500
  • Total Building Area: 2,194
  • Gross Building Area: 1,794
  • Building Area: 1,109
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,109
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TACOMA LAND COMPANYS 1ST ADD
  • Land Acres: 0.08
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: SECTION 09 TOWNSHIP 20 RANGE 03 QUARTER 33 : TACOMA LD COS 1ST L 1 THRU 5 & WLY 5 FT OF 6 B 8605

Ownership

  • Current Owner : DAUGHERTY COLLEEN
  • Previous Owner : ROHWER HEIDI
  • Previous Owner 2: DARSOW LIBBY
  • Owner Before Previous Owner: DILLON ROBERT J
  • Owner Before Previous Owner 2: DILLON BARBARA A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Married Woman as her sole & separate property

Neighborhood

  • School District Name: Tacoma Public Schools
  • Census Tract: 061900

Zoning

  • Zoning: R2-SRD

Geography

  • Assessors Map Reference: 803-J2
  • Parcel: 208605-0-010
  • Block: 8605
  • Lot: 1-5
  • Meridian: SEC 09 TWN 20 RNG 03
  • Municipality: TACOMA
  • Latitude: 47.2281
  • Longitude: -122.439

    Address

  • Full Address: 517 S Division Ln
  • Address - House Number: 517
  • Street Direction: S
  • Address - Street Name: Division
  • Address - Suffix Type: Ln
  • State: WA
  • City Name: Tacoma
  • Carrier Code: C002
  • 4-Digit Zip Code: 6837
  • Zip Code: 98418

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,919
  • Tax Rate Code Area: 005

    Appraisal Valuation

  • Standard Deviation: 0.1577
  • Valuation Date: May 24, 2023
  • Confidence Score: 80
  • Final Value: 413,892
  • High Value: 479,170
  • Low Value: 348,614

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $368,600
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Oct 13, 2021
  • First Open Lien Mortgage Loan Amount: $368,600
  • 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, 2051

    Market Valuation

  • Market Total Value: $399,800
  • Market Land Value: $153,300
  • Market Improvement Value: $246,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $399,800
  • Assessed Land Value: $153,300
  • Assessed Improvements Value: $246,500

    Sales

  • Current Sale Contract Date: Oct 08, 2021
  • Current Sale Recording Date: Oct 13, 2021
  • Current Sale Transaction ID: 11859539039
  • Current Sale Price: $380,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202110130778
  • Previous Sale Recording Date: May 03, 2017
  • Previous Sale Contract Date: May 01, 2017
  • Previous Sale Amount: $209,719
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Oct 13, 2021
  • First Mortgage Loan Amount: $368,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • Previous Mortgage Transaction Date: May 03, 2017
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $189,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jun 01, 2047

About South End



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Frequently Asked Questions

What neighborhood is 517 South Division Lane located in?
The 517 South Division Lane is a located in the neighborhood of South End in South End, Tacoma.
What is the average sales price for listings in 517 South Division Lane?
The average sales price for units in 517 South Division Lane is $0 currently.

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