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5431 South Tacoma Way

5431 South Tacoma Way, Tacoma, WA 98409
Property in South Tacoma
5431 South Tacoma Way in Tacoma, WA was first built in 1917 and is 107 years old. Although, the building on the property was most recently renovated and altered in 1997. This has been categorized as a commercial property type. For those interested in architecture, the building on the property was built in a unknown style. It is a single story home. 5431 South Tacoma Way has 2,718 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 2,750 square feet.

Learn more about the property and building on this page. The building type has been coded as 3. The code stands for buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame. Water for the property is sourced from a water system. The property is connected to a sewer system. 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 masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of E. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with a packaged air conditioning unit. As for heating, the home is utilizing a central heating system. The property was last sold in Apr 1, 2013 for $135,000. That's $49.67 per sqft. 5431 South Tacoma Way was last assessed in 2023. The total value of the property was assessed at $367,000. Specifically, the land the property is located on was valued at $150,900. While improvements on the property were assessed at a total of $216,100. 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 $1,838. The initial tax year of delinquency was in 2020. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1917
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: E
  • Construction Type: Masonry
  • Building Style: Unknown
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,750
  • Lot Size Frontage Feet: 250
  • Total Building Area: 2,718
  • Gross Building Area: 2,718
  • Building Area: 2,718
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Central heating
  • Heated Square Feet: 2,718
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Commercial
  • Subdivision: HUNTS PRAIRIE
  • Land Acres: 0.063
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: SECTION 19 TOWNSHIP 20 RANGE 03 QUARTER 23 HUNTS PRAIRIE: HUNTS PRAIRIE L 33 B 1 LESS E 10 FT ALLEY

Ownership

  • Current Owner : WOODMAN SHAD
  • Current Owner 2: BENNETT WOODMAN JAYME
  • Previous Owner : JOHNSON BRUCE D
  • Owner Before Previous Owner: 5431 SOTAC LLC
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jul 14, 2023

Neighborhood

  • School District Name: Tacoma Public Schools
  • Census Tract: 062600

Zoning

  • Zoning: NCX

Geography

  • Assessors Map Reference: 803-C5
  • Parcel: 469500-0-130
  • Block: 1
  • Lot: 33
  • Meridian: SEC 19 TWN 20 RNG 03
  • Municipality: TACOMA
  • Latitude: 47.2069
  • Longitude: -122.483

    Address

  • Full Address: 5431 S Tacoma Way
  • Address - House Number: 5431
  • Street Direction: S
  • Address - Street Name: Tacoma
  • Address - Suffix Type: Way
  • State: WA
  • City Name: Tacoma
  • Carrier Code: C012
  • 4-Digit Zip Code: 4312
  • Zip Code: 98409

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,838
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 005

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $121,500
  • First Open Lien Mortgage Lender: BRUCE D JOHNSON
  • First Open Lien Mortgage Recording Date: Apr 03, 2013
  • First Open Lien Mortgage Loan Amount: $121,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Seller take-back
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $367,000
  • Market Land Value: $150,900
  • Market Improvement Value: $216,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $367,000
  • Assessed Land Value: $150,900
  • Assessed Improvements Value: $216,100

    Sales

  • Current Sale Contract Date: Apr 01, 2013
  • Current Sale Recording Date: Apr 03, 2013
  • Current Sale Transaction ID: 1028864235
  • Current Sale Price: $135,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201304030245
  • Previous Sale Recording Date: Mar 16, 2012
  • Previous Sale Contract Date: Mar 15, 2012
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: BRUCE D JOHNSON
  • First Mortgage Transaction Date: Apr 03, 2013
  • First Mortgage Loan Amount: $121,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Seller take-back

About South Tacoma



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 5020 S 58th Street, Tacoma, WA, 98409

$1,695 /mo

  • 2 Beds
  • 1 Bath
5020 S 58th Street #A, Tacoma, WA, 98409 Listing by Leslie A. Deuster

Frequently Asked Questions

What neighborhood is 5431 South Tacoma Way located in?
The 5431 South Tacoma Way is a located in the neighborhood of South Tacoma in South Tacoma, Tacoma.
What is the average sales price for listings in 5431 South Tacoma Way?
The average sales price for units in 5431 South Tacoma Way is $0 currently.

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