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5207 Bay Place Northeast

5207 Bay Place Northeast, Tacoma, WA 98422
Property in Northeast Tacoma
Sold May 05, 2021
$698,000
$685,357 by Primelending
Mortgage Due Jun 01, 2051
Sold Apr 30, 1997
$221,045
$171,000 by Washington Mutual Bank
Mortgage Due May 01, 2027
Local assessors in Tacoma, WA have categorized 5207 Bay Place Northeast as a residential type of property. The home was built in 1989 and is 35 years old. It was most recently renovated and altered in 1992. The property's lot size has been calculated to be 10,447 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bi-level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5207 Bay Place Northeast has a total of 2,355 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 480 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B-. The building has a roof that is made of composition shingle. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Apr 27, 2021 for $698,000. That's $1,454.17 per sqft. Prior to that sales transaction, the property was also sold in Apr 24, 1997 for $221,045. 5207 Bay Place Northeast was last assessed in 2022. The total value of the property was assessed at $754,500. Specifically, the land the property is located on was valued at $353,000. While improvements on the property were assessed at a total of $401,500. 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 $6,960. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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: 1989
  • Effective Year Built: 1992
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: B-
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 10,447
  • Total Building Area: 480
  • Gross Building Area: 480
  • Building Area: 2,355
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,355
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HARBOR RIDGE ESTATES DIV I
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: SECTION 15 TOWNSHIP 21 RANGE 03 QUARTER 33 HARBOR RIDGE ESTATES DIV I PARCEL A OF DBLR 89-08-25-0124 DESC AS L 70 EXC BEG AT SELY COR OF SD L 70 TH ALG SLY LI OF SD L N 88 DEG 19 MIN 15 SEC W 127.31 FT TO ELY MARGIN OF BAY PLACE NE TH N 49 DEG 15 MIN

Ownership

  • Current Owner : GONZALES DARLENE MENDOZA
  • Previous Owner : FITZGERALD DANIEL J
  • Previous Owner 2: NGO FITZGERALD THUVAN
  • Owner Before Previous Owner: PRUDENTIAL RESIDENTIAL SVCS LTD PRTNRSHP

Neighborhood

  • School District Name: Tacoma Public Schools
  • Census Tract: 940011

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 744-A5
  • Parcel: 435310-0-700
  • Lot: 70
  • Meridian: SEC 15 TWN 21 RNG 03
  • Municipality: TACOMA
  • Latitude: 47.3039
  • Longitude: -122.417

    Address

  • Full Address: 5207 Bay Pl Ne
  • Address - House Number: 5207
  • Street Segment Direction: NE
  • Address - Street Name: Bay
  • Address - Suffix Type: Pl
  • State: WA
  • City Name: Tacoma
  • Carrier Code: C028
  • 4-Digit Zip Code: 1523
  • Zip Code: 98422

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,960
  • Tax Rate Code Area: 005

    Appraisal Valuation

  • Standard Deviation: 0.1416
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 83
  • Final Value: 796,990
  • High Value: 909,903
  • Low Value: 684,077

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $685,357
  • First Open Lien Mortgage Lender: PRIMELENDING
  • First Open Lien Mortgage Recording Date: May 05, 2021
  • First Open Lien Mortgage Loan Amount: $685,357
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $754,500
  • Market Land Value: $353,000
  • Market Improvement Value: $401,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $754,500
  • Assessed Land Value: $353,000
  • Assessed Improvements Value: $401,500

    Sales

  • Current Sale Contract Date: Apr 27, 2021
  • Current Sale Recording Date: May 05, 2021
  • Current Sale Transaction ID: 11834113772
  • Current Sale Price: $698,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202105050823
  • Previous Sale Recording Date: Apr 30, 1997
  • Previous Sale Contract Date: Apr 24, 1997
  • Previous Sale Amount: $221,045
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMELENDING
  • First Mortgage Transaction Date: May 05, 2021
  • First Mortgage Loan Amount: $685,357
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK
  • Previous Mortgage Transaction Date: Apr 30, 1997
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $171,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: May 01, 2027

About Northeast Tacoma



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Frequently Asked Questions

What neighborhood is 5207 Bay Place Northeast located in?
The 5207 Bay Place Northeast is a located in the neighborhood of Northeast Tacoma in Northeast Tacoma, Tacoma.
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