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701 South 60th Street

701 South 60th Street, Tacoma, WA 98408
Property in South End
Sold Jun 15, 2020
$327,000
$317,190 by Banner Bank
Mortgage Due Jul 01, 2050
Sold Oct 22, 2018
$284,219
$290,616 by Fairway Independent Mortgage C
Mortgage Due Nov 01, 2048
Local assessors in Tacoma, WA have categorized 701 South 60th Street as a residential type of property. The home was built in 1917 and is 107 years old. It was most recently renovated and altered in 2018. The property's lot size has been calculated to be 6,600 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown 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, 3 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 is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 701 South 60th Street has a total of 1,280 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 detached garage for those who need a place to park their vehicle. The garage on the property is 432 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 covered 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 - C. 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 a wall air conditioning unit for their cooling system. The home's floor/wall heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 701 South 60th Street was last sold in Jun 3, 2020 for $327,000. According to our calculations, that's $191.00 per sqft. Prior to that sales transaction, the property was sold for $284,219 in Oct 13, 2018. Current property owners are expected to pay $3,766 in taxes per year. The property on 701 South 60th Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $387,900. To break that down further, the land itself was valued at $166,000. While improvements to the property were assessed at a total of $221,900. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1917
  • Effective Year Built: 2018
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C
  • 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 Area: 0
  • Garage Type: Detached
  • Garage Square Area: 432
  • Parking Space Count: 2
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 6,600
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,712
  • Gross Building Area: 1,384
  • Building Area: 1,280
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Wall air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 1,280
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PARK AVENUE
  • Land Acres: 0.152
  • 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 32 PARK AVENUE: PARK AVENUE L 9 & 10 B 12

Ownership

  • Current Owner : COLEMAN SHAURI RAE
  • Previous Owner : SIMON BENJAMIN L
  • Previous Owner 2: SIMON CARLY M
  • Owner Before Previous Owner: RH GIE INVESTORS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Tacoma Public Schools
  • Census Tract: 063200

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: 803-G5
  • Parcel: 669000-0-610
  • Block: 12
  • Lot: 9,10
  • Meridian: SEC 21 TWN 20 RNG 03
  • Municipality: TACOMA
  • Latitude: 47.203
  • Longitude: -122.44

    Address

  • Full Address: 701 S 60th St
  • Address - House Number: 701
  • Street Direction: S
  • Address - Street Name: 60th
  • Address - Suffix Type: St
  • State: WA
  • City Name: Tacoma
  • Carrier Code: C032
  • 4-Digit Zip Code: 5625
  • Zip Code: 98408

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,766
  • Tax Rate Code Area: 005

    Appraisal Valuation

  • Standard Deviation: 0.1274
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 85
  • Final Value: 405,386
  • High Value: 457,057
  • Low Value: 353,714

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $323,533
  • First Open Lien Mortgage Lender: BANNER BANK
  • First Open Lien Mortgage Recording Date: Jun 15, 2020
  • First Open Lien Mortgage Loan Amount: $317,190
  • 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: Jul 01, 2050
  • Second Open Lien Mortgage Lender: BANNER BANK
  • Second Open Lien Mortgage Recording Date: Jun 15, 2020
  • Second Open Lien Mortgage Loan Amount: $6,343
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2050

    Market Valuation

  • Market Total Value: $387,900
  • Market Land Value: $166,000
  • Market Improvement Value: $221,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $387,900
  • Assessed Land Value: $166,000
  • Assessed Improvements Value: $221,900

    Sales

  • Current Sale Contract Date: Jun 03, 2020
  • Current Sale Recording Date: Jun 15, 2020
  • Current Sale Transaction ID: 11768798252
  • Current Sale Price: $327,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202006150330
  • Previous Sale Recording Date: Oct 22, 2018
  • Previous Sale Contract Date: Oct 13, 2018
  • Previous Sale Amount: $284,219
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANNER BANK
  • First Mortgage Transaction Date: Jun 15, 2020
  • First Mortgage Loan Amount: $317,190
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • Previous Mortgage Transaction Date: Oct 22, 2018
  • Previous Mortgage Loan Amount: $290,616
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Nov 01, 2048

About South End



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Frequently Asked Questions

What neighborhood is 701 South 60th Street located in?
The 701 South 60th Street is a located in the neighborhood of South End in South End, Tacoma.
What is the average sales price for listings in 701 South 60th Street?
The average sales price for units in 701 South 60th Street is $0 currently.

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