3915 Mason Loop Rd

Beds
Baths
3,672 Sq. Ft.
$255 / Sq. Ft.
3,672
Sq. Ft.
$255
per Sq. Ft.

Description

Opportunity knocks! Four identical spacious 2bed/1bath units in the Mason Loop HOA. Updated kitchens with new appliances, designer cabinets & slab counters. Each unit has separate dining rooms, large living rooms, primary suites with walk-in closets, dishwasher & in unit washer/dryer. All new luxury vinyl flooring throughout. Updated bathrooms with custom tile work. Large covered decks/patios, private parking lot for 8 cars. Newer Mansard siding and double pane windows. New roof in 2015. Fully rented...Opportunity knocks! Four identical spacious 2bed/1bath units in the Mason Loop HOA. Updated kitchens with new appliances, designer cabinets & slab counters. Each unit has separate dining rooms, large living rooms, primary suites with walk-in closets, dishwasher & in unit washer/dryer. All new luxury vinyl flooring throughout. Updated bathrooms with custom tile work. Large covered decks/patios, private parking lot for 8 cars. Newer Mansard siding and double pane windows. New roof in 2015. Fully rented cash flowing 4plex. A must see!
  1. Listed by Mark Caldwell • Columbia Partners Real Estate
    P: (206)-829-8130 mark@columbiapartnersrealestate.com

Property Details for 3915 Mason Loop Road

Community Name
South Tacoma
School District
Tacoma
Number of Assigned Spaces
8
Total Covered Parking
0
Entry Date
12-15-2022
Energy Source
Electric
Sewer
Sewer Connected
LISTING CLOSED: 01/27/2023 12:00 AM

Property Details for 3915 Mason Loop Road

StatusSold
MLS #2022846
Days on Market4
Cumulative Days on Market4
Taxes$7,655 / year
HOA Fees$245 / month
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1979
Lot Size0.23 AC / 10,200 SF
CountyPierce County

Location

Listing Courtesy of Columbia Partners Real Estate

Sold By Windermere Real Estate/East

Add your commute

Building Information for 3915 Mason Loop Road

Stories2Residences4Year Built1979Building Size-Lot Size0.23 AC / 10,200 SF

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$5,555 per month

30 year fixed, 6.36% Interest

Principal and Interest

$4,672

Property Taxes

$638

HOA Dues

$245

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Property Information for 3915 Mason Loop Road

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Area: 45 - South Tacoma
  • Effective Year Built Source: Public Records
  • Directions: WA-16, south on S Union Ave, west on S 35th St, becomes S 36th St, south on S Tyler St, west on S 40th St becomes Mason Loop Rd
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2022
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: Ceramic Tile, Hardwood, Vinyl, Vinyl Plank
  • Features: Ceramic Tile, Hardwood
  • Amenities: Playground,Thermal Windows
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition, Flat, Torch Down
Property
Utilities
  • Water Source: Community
  • Water/Sewer/Garbage: 4000
  • Power Company: Tacoma Public Utilities
  • Sewer Company: Tacoma Public Utilities
  • Water Company: Tacoma Public Utilities
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Residential
  • First Right Of Refusal: false
  • Possible Use: Residential
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1994
  • Photos Count: 38
Lot Information
  • Lot Size Source: realist
  • Parcel Number Free Text: 5554000060
  • Building Condition: Good
  • 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
  • Green Energy Efficient: Thermal Windows
Multi Family
Building Details
  • Number of Uncovered Spaces: 8
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $250
  • Total Expenses: 13105
  • Gross Adjusted Income: 74820
  • Gross Rent Multiplier: 12.6
  • Gross Scheduled Income: $74,820
  • Insurance Expense: $1,200
  • Net Operating Income: $61,715
  • Other Expenses: $0
  • Total Monthly Income: 6235
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3672.0
  • Leasable Area Units: Square Feet

Property History for 3915 Mason Loop Road

DateEvent & SourcePriceAppreciation
Jan 27, 2023

Sold

NWMLS #2022846

$937,500
Jan 24, 2023

Sold (Public Record)

Public Record #1504719925

$937,500

+15.4% / yr

Dec 19, 2022

Pending

NWMLS #2022846

DateEvent & SourcePrice
01/27/2023

Sold

NWMLS #2022846

$937,500
01/24/2023

Sold (Public Record)

Public Record #1504719925

$937,500

+15.4% / yr

12/19/2022

Pending

NWMLS #2022846

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

Public Records for 3915 Mason Loop Road

Taxable ValueLand$218,500Additions$595,800Total$814,300
Tax Record2025$8,970 ($747 / month)
Home Facts
Baths4Total Finished SqFt3,672 SqFtAbove Ground SqFt3,672 SqFtStories2Lot Size10,200 SqFtStyleQuadraplexYear Built1979Year Renovated2020ZoningR3CountyPIERCEAPN555400-0-060

Schools near 3915 Mason Loop Road

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 - 9 to 12
Rating
School
Distance
Whittier Elementary School
PublicPK to 3

Wainwright Intermediate School
Public4 to 8

Foss High School
Public9 to 12

Oakland High School
Public9 to 12

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 Columbia Partners Real Estate

Based on information submitted to the MLS GRID as of 09/05/2024 05:46 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.