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5406 South Sheridan Avenue

5406 South Sheridan Avenue, Tacoma, WA 98408
Property in South End
Sold Jun 02, 2016
$75,582
$258,560 by Directors Mortgage Inc
Mortgage Due Jun 01, 2046
Sold May 04, 2016
$252,219
$258,560 by Directors Mortgage Inc
Mortgage Due Jun 01, 2046
5406 South Sheridan Avenue has been categorized by the local assessors in Tacoma, WA as a residential type of property. The building on the property was first built in 1909 and is 115 years old. However, we must point out that the home was most recently renovated and altered in 2015. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5406 South Sheridan Avenue has 1,854 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,089 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bi-level style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a covered porch. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. In terms of heating, it is utilizing baseboard heaters and being fueled with electricity. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 5406 South Sheridan Avenue sold most recently in Jan 27, 2015 for a total of $75,582. If you work out the math, that's approximately a cost of $304.77 per sqft. Before that, the property was also sold for $252,219 in May 2, 2016. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $5,006 in taxes each year. 5406 South Sheridan Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $482,100. If we break it down further, the land itself was valued at $176,300. Improvements to the property, however, were assessed at a total of $305,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1909
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • 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 Type: Unspecified basement
  • Basement Area: 248
  • Parking Space Count: 0
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 5,089
  • Lot Size Frontage Feet: 494
  • Total Building Area: 248
  • Gross Building Area: 362
  • Building Area: 1,854
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Baseboard
  • Heated Square Feet: 1,854
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HOSMERS 2ND AMDY
  • Land Acres: 0.117
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: SECTION 20 TOWNSHIP 20 RANGE 03 QUARTER 24 HOSMERS 2ND AMDY L 3 & S 24.4 FT L 4 B 57 OUT OF 278-0 SEG N-0914 PL EMS

Ownership

  • Current Owner : VANTRES 1 LLC
  • Previous Owner : MCDOWELL MORGAN M
  • Owner Before Previous Owner: VANTRES 1 LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Tacoma Public Schools
  • Census Tract: 062502

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: 803-F4
  • Parcel: 464525-2-781
  • Block: 57
  • Lot: 3,4
  • Meridian: SEC 20 TWN 20 RNG 03
  • Municipality: TACOMA
  • Latitude: 47.208
  • Longitude: -122.453

    Address

  • Full Address: 5406 S Sheridan Ave
  • Address - House Number: 5406
  • Street Direction: S
  • Address - Street Name: Sheridan
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Tacoma
  • Carrier Code: C033
  • 4-Digit Zip Code: 3536
  • Zip Code: 98408

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,006
  • Tax Rate Code Area: 005

    Appraisal Valuation

  • Standard Deviation: 0.1455
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 82
  • Final Value: 503,807
  • High Value: 577,136
  • Low Value: 430,478

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $258,560
  • First Open Lien Mortgage Lender: DIRECTORS MORTGAGE INC
  • First Open Lien Mortgage Recording Date: May 04, 2016
  • First Open Lien Mortgage Loan Amount: $258,560
  • 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: Jun 01, 2046

    Market Valuation

  • Market Total Value: $482,100
  • Market Land Value: $176,300
  • Market Improvement Value: $305,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $482,100
  • Assessed Land Value: $176,300
  • Assessed Improvements Value: $305,800

    Sales

  • Current Sale Contract Date: Jan 27, 2015
  • Current Sale Recording Date: Jun 02, 2016
  • Current Sale Transaction ID: 1563514294
  • Current Sale Price: $75,582
  • Current Sale Document Type: Re-recorded Document
  • Current Sale Input Document Number: 201606020598
  • Previous Sale Recording Date: May 04, 2016
  • Previous Sale Contract Date: May 02, 2016
  • Previous Sale Amount: $252,219
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: DIRECTORS MORTGAGE INC
  • Previous Mortgage Transaction Date: May 04, 2016
  • Previous Mortgage Loan Amount: $258,560
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jun 01, 2046

About South End



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Frequently Asked Questions

What neighborhood is 5406 South Sheridan Avenue located in?
The 5406 South Sheridan Avenue is a located in the neighborhood of South End in South End, Tacoma.
What is the average sales price for listings in 5406 South Sheridan Avenue?
The average sales price for units in 5406 South Sheridan Avenue is $0 currently.

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