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7409 South Sheridan Avenue

7409 South Sheridan Avenue, Tacoma, WA 98408
Property in South End
Sold Jan 19, 2021
$452,000
$271,200 by First Financial Northwest Bank
Mortgage Due Feb 01, 2051
Local assessors in Tacoma, WA have categorized 7409 South Sheridan Avenue as a residential type of property. The home was built in 1961 and is 63 years old. It was most recently renovated and altered in 1985. The property's lot size has been calculated to be 10,300 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 are 2 full bathrooms. There are also 3 partial bathrooms. 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 7409 South Sheridan Avenue has a total of 3,128 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 400 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 brick 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 brick 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. 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, 7409 South Sheridan Avenue sold most recently in Jan 13, 2021 for a total of $452,000. If you work out the math, that's approximately a cost of $128.12 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,423 in taxes each year. 7409 South Sheridan Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $560,400. If we break it down further, the land itself was valued at $204,600. Improvements to the property, however, were assessed at a total of $355,800. 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: 1961
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Brick
  • Building Style: Unknown
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,564
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 10,300
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 3,528
  • Gross Building Area: 3,528
  • Building Area: 3,128
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,128
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PALLIES & RICE ACRE TRACTS
  • Land Acres: 0.237
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: SECTION 29 TOWNSHIP 20 RANGE 03 QUARTER 42 PALLIES & RICES ACRE TRACTS: N 100 FT OF S 200 FT OF TR 30

Ownership

  • Current Owner : TONG MICHAEL
  • Current Owner 2: TONG STELLA
  • Previous Owner : YIP VIBOL
  • Previous Owner 2: RA PRAK

Neighborhood

  • School District Name: Tacoma Public Schools
  • Census Tract: 063501

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: 803-F7
  • Subdivision Tract Number: 3
  • Parcel: 664000-0-460
  • Meridian: SEC 29 TWN 20 RNG 03
  • Municipality: TACOMA
  • Latitude: 47.1896
  • Longitude: -122.452

    Address

  • Full Address: 7409 S Sheridan Ave
  • Address - House Number: 7409
  • Street Direction: S
  • Address - Street Name: Sheridan
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Tacoma
  • Carrier Code: C063
  • 4-Digit Zip Code: 3043
  • Zip Code: 98408

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,423
  • Tax Rate Code Area: 005

    Appraisal Valuation

  • Standard Deviation: 0.1422
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 83
  • Final Value: 573,199
  • High Value: 654,727
  • Low Value: 491,671

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $271,200
  • First Open Lien Mortgage Lender: FIRST FINANCIAL NORTHWEST BANK
  • First Open Lien Mortgage Recording Date: Jan 19, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $271,200
  • 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: Feb 01, 2051

    Market Valuation

  • Market Total Value: $560,400
  • Market Land Value: $204,600
  • Market Improvement Value: $355,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $560,400
  • Assessed Land Value: $204,600
  • Assessed Improvements Value: $355,800

    Sales

  • Current Sale Contract Date: Jan 13, 2021
  • Current Sale Recording Date: Jan 19, 2021
  • Current Sale Transaction ID: 11814140337
  • Current Sale Price: $452,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202101191227

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FINANCIAL NORTHWEST BANK
  • First Mortgage Transaction Date: Jan 19, 2021
  • First Mortgage Loan Amount: $271,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About South End



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Frequently Asked Questions

What neighborhood is 7409 South Sheridan Avenue located in?
The 7409 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 7409 South Sheridan Avenue?
The average sales price for units in 7409 South Sheridan Avenue is $0 currently.

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