3914 Mason Loop Rd, Unit 14

—
Beds
—
Baths
3,672 Sq. Ft.
$133 / Sq. Ft.
3,672
Sq. Ft.
$133
per Sq. Ft.

Description

~ Investor Alert $$$ 6.6% Cap Rate $$$ - Fully leased Four Plex in South Tacoma, located on Mason loop Cul-De-Sac, All Units are 918 Square Feet 2 Bedroom, 1 Bathroom some with Decks. Low Vacancy Rate. Property has had some updates on interior of some of the Units and Some Appliances over the past few years. All have Washer and Dryer in units. Rents are below market in some of the units. ~ SOLD AS-IS~ 3 units are Month to Month rents below market. 2 decks have been enclosed to create 3rd Bedroom~ Investor Alert $$$ 6.6% Cap Rate $$$ - Fully leased Four Plex in South Tacoma, located on Mason loop Cul-De-Sac, All Units are 918 Square Feet 2 Bedroom, 1 Bathroom some with Decks. Low Vacancy Rate. Property has had some updates on interior of some of the Units and Some Appliances over the past few years. All have Washer and Dryer in units. Rents are below market in some of the units. ~ SOLD AS-IS~ 3 units are Month to Month rents below market. 2 decks have been enclosed to create 3rd Bedroom
  1. Listed by Nicholas T. Vilvandre' • Keller Williams Downtown Sea
    P: (206)-858-6800 nvilvandre@kw.com

Property Details for 3914 Mason Loop Road, Unit 14

Community Name
Oakland
School District
Tacoma
Number of Assigned Spaces
8
Total Covered Parking
0
Offers Review Date
04-12-2018
Entry Date
04-09-2018
Sewer
Sewer Connected
LISTING CLOSED: 05/18/2018 12:00 AM

Property Details for 3914 Mason Loop Road, Unit 14

StatusSold
MLS #1270986
Days on Market6
Cumulative Days on Market7
Taxes$5,178 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1979
Lot Size0.25 AC / 10,800 SF
CountyPierce County

Location

Listing Courtesy of Keller Williams Downtown Sea

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Building Information for 3914 Mason Loop Road, Unit 14

Stories2Residences4Year Built1979Building Size-Lot Size0.25 AC / 10,800 SF

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Principal and Interest

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HOA Dues

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Property Information for 3914 Mason Loop Road, Unit 14

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Cable TV, Deck, Fenced-Fully, High Speed Internet
  • Area: 45 - South Tacoma
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Effective Year Built Source: Public Records
  • Directions: From Hwy 16 Take Union St. Exit head South. Right @Center St. Left@ Tyler St. Right @ 40th turns to Mason Loop Rd. Keep Right, Property will be 2nd building on Left. Drive By but Please Don't Disturb.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2017
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 8.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Laminate, Vinyl, Carpet
  • Features: Wall to Wall Carpet, Laminate Hardwood
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: Wood, Wood Products
  • Roof: Built-Up, Flat
  • Security Features: PartiallyFenced
Property
Utilities
  • Water Source: Community
  • Water/Sewer/Garbage: 4500
  • Power Company: TPU
  • Sewer Company: TPU
  • Water Company: TPU
  • Power Production Type: Electric
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
Property and Assessments
  • New Construction YN: No
  • Foundation: Slab
  • First Right Of Refusal: false
  • Preliminary Title Ordered: Yes
  • Special Listing Conditions: None
  • Year Built Effective: 1982
  • Photos Count: 25
Lot Information
  • Lot Details: Cul-De-Sac, Dead End Street, Paved
  • Lot Size Source: Realist
  • Parcel Number Free Text: 5554000180
  • Building Condition: Average
  • Calculated Square Footage: 3672
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3672.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 8
  • Number of Stories in Building: 2
  • Unit Number: 1-4
  • Vacancy Rate: 2
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 10678
  • Gross Adjusted Income: 43800
  • Gross Rent Multiplier: 11
  • Gross Scheduled Income: $43,800
  • Insurance Expense: $1,000
  • Net Operating Income: $33,122
  • Other Expenses: $0
  • Total Monthly Income: 3650
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3672.0
  • Leasable Area Units: Square Feet

Property History for 3914 Mason Loop Road, Unit 14

DateEvent & SourcePriceAppreciation
May 18, 2018

Sold

NWMLS #1270986

$487,500—
Apr 15, 2018

Pending

NWMLS #1270986

—
Apr 9, 2018

Listed (Active)

NWMLS #1270986

$498,700—
DateEvent & SourcePrice
05/18/2018

Sold

NWMLS #1270986

$487,500
04/15/2018

Pending

NWMLS #1270986

—
04/09/2018

Listed (Active)

NWMLS #1270986

$498,700

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 3914 Mason Loop Road, Unit 14

This home is within Tacoma School District.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 4 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Whittier Elementary School
PublicPK to 3

Wainwright Intermediate School
Public4 to 8

Foss High School
Public9 to 12

Tacoma Online Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Downtown Sea

Based on information submitted to the MLS GRID as of 09/05/2024 05:36 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.