tomo logo

$600,000

Beds
3
Baths
1.5
sq ft
1,405

8428 A St, Tacoma, WA 98444

8428 A St

Tacoma, WA 98444

  • 109 days on market
Huge multifamily development opportunity with the new UR-3 zoning proposal. Build 8-16 units per 6,000 sq. ft lot depending on unit size, or build single family homes with DADU's, or even townhomes. Property is located right behind Pacific Ave. and is over half an acre. This level lot is ready for you to take your vision and run with it. Electricity, sewer, and water are on property. Adjacent parcel is also for sale, making this great for developing (MLS# 2210333). To see both parcels, check out the second picture. Buyer to verify all information.

Details

Property type

Single Family Residence

Est. home value

$454,345

Lot size

0.55 acres

Price per sq ft

$428

Year built

1925

Annual property taxes

$4,858

Price History

03/18/2024
NorthwestMLS

NorthwestMLS #2212338

Listed
$600,000
+366.93%
05/15/2002
NorthwestMLS

NorthwestMLS #22021761

Sold
$128,500

Schools & Community

Neighborhood: 

South End

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Tacoma

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$381,068
Asking price
$600,000
Closing costs (~8% of asking)
-$48,000
Est. remaining loan balance
-$170,932
Cash to seller
$381,068

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Nationstar Mortgage Llc

Loan start date

July 2022

Original loan amount

$175,800

Est. remaining balance

$170,932

Interest rate

5.25%

Loan type

New Conventional, 30 year

Seller

Rodney Larson

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/04/2024 at 9:20 PM

Listing updated: 05/20/2024 at 1:55 PM

Listed by: Jesse Nelson, Terrafin Phone #: (253) 466-3736

MLS: NorthwestMLS #2212338

NorthwestMLS logo

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