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706 Market Street

706 Market Street, Tacoma, WA 98402
Property in Downtown Tacoma
Sold Jan 24, 2008
$317,000
Local assessors in Tacoma, WA have categorized 706 Market Street as a residential type of property. The home was built in 2007 and is 17 years old. The property's lot size has been calculated to be 1,299 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. 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 706 Market Street has a total of 1,299 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. 706 Market Street is a 2 code building. This code stands for "buildings that have fireproofed reinforced concrete frames carrying all wall, floor and roof loads which are all non-combustible.". 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. 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 concrete 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. Residents rely on central air conditioning for their cooling system. The home's a 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, 706 Market Street was last sold in Jan 18, 2008 for $317,000. According to our calculations, that's $244.03 per sqft. Current property owners are expected to pay $2,627 in taxes per year. The property on 706 Market Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $238,700. To break that down further, the land itself was valued at $16,000. While improvements to the property were assessed at a total of $222,700. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Concrete
  • Building Style: Unknown
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,299
  • Total Building Area: 1,299
  • Gross Building Area: 1,299
  • Building Area: 1,299
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,299
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Building Type: Fireproof reinforced concrete frames/Non-combustible materials
  • Property Class: Residential
  • Subdivision: MARKET & 7TH MASTER CONDO (A)
  • Land Acres: 0.03
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: SECTION 05 TOWNSHIP 20 RANGE 03 QUARTER 11 CONDOMINIUM MARKET & 7TH MASTER CONDO (A) COMMERCIAL UNIT 2 TOG/W 1.488% INT IN COMMON AREAS & LIMITED COMMON AREAS EASE OF RECORD REF: 200708-001-1 OUT OF 200708-001-0 SEG 2008-0347 JU 11/15/07JU

Ownership

  • Current Owner : LIGHT LEGACY HOLDINGS LLC
  • Previous Owner : NEW URBAN PROPERTIES LLC

Neighborhood

  • School District Name: Tacoma Public Schools
  • Census Tract: 061601

Zoning

  • Zoning: DCC

Geography

  • Assessors Map Reference: 773-G5
  • Parcel: 900803-0-020
  • Meridian: SEC 05 TWN 20 RNG 03
  • Municipality: TACOMA
  • Latitude: 47.2572
  • Longitude: -122.443

    Address

  • Full Address: 706 Market St
  • Legal Unit: 2
  • Address - House Number: 706
  • Address - Street Name: Market
  • Address - Suffix Type: St
  • State: WA
  • City Name: Tacoma
  • Carrier Code: C001
  • 4-Digit Zip Code: 3712
  • Zip Code: 98402

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,627
  • Tax Rate Code Area: 005

    Appraisal Valuation

  • Standard Deviation: 0.1859
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 75
  • Final Value: 529,299
  • High Value: 627,748
  • Low Value: 430,851

    Market Valuation

  • Market Total Value: $238,700
  • Market Land Value: $16,000
  • Market Improvement Value: $222,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $238,700
  • Assessed Land Value: $16,000
  • Assessed Improvements Value: $222,700

    Sales

  • Current Sale Contract Date: Jan 18, 2008
  • Current Sale Recording Date: Jan 24, 2008
  • Current Sale Transaction ID: 1037520662
  • Current Sale Price: $317,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200801240622

    Last Sale Mortgage

  • First Mortgage Lender: WASHINGTON BUSINESS BANK
  • First Mortgage Transaction Date: Jan 24, 2008
  • First Mortgage Loan Amount: $325,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan

    Financing

  • First Mortgage Financing Type: Variable

About New Tacoma



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Frequently Asked Questions

What neighborhood is 706 Market Street located in?
The 706 Market Street is a located in the neighborhood of Downtown Tacoma in New Tacoma, Tacoma.
What is the average sales price for listings in 706 Market Street?
The average sales price for units in 706 Market Street is $0 currently.

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