3947 Mason Loop Road
3947 Mason Loop Road
Tacoma, WA 98409
$890,000
Last Sold Price
8
Beds
6
Baths
3,696 Sq. Ft.
$241 / Sq. Ft.
3,696
Sq. Ft.
$241
per Sq. Ft.
Sold 2/9/23
Sold 2/9/23
Listing provided courtesy of Columbia Partners Real Estate, Skyline Properties, Inc.
Description
Look no further! Sought after cash-flowing 4-plex in the Mason Circle HOA. Each spacious unit is 900+ square feet, 2 bedrooms, 1.5 bathrooms with a private garage plus storage & 2 additional tandem off-street parking spots. Each unit has washer/dryer & dishwasher, & private covered exterior deck/balcony. Well maintained with newer roof, thermal windows & exterior paint. Close to freeway, downtown, shopping & schools. New Tacoma rezoning implementation allows for significant development potential!...Look no further! Sought after cash-flowing 4-plex in the Mason Circle HOA. Each spacious unit is 900+ square feet, 2 bedrooms, 1.5 bathrooms with a private garage plus storage & 2 additional tandem off-street parking spots. Each unit has washer/dryer & dishwasher, & private covered exterior deck/balcony. Well maintained with newer roof, thermal windows & exterior paint. Close to freeway, downtown, shopping & schools. New Tacoma rezoning implementation allows for significant development potential! A must see!
- Listed by Mark Caldwell • Columbia Partners Real Estate
Property Details for 3947 Mason Loop Road
Community Name
South Tacoma
School DistrictTacoma
ViewTerritorial
Number of Assigned Spaces12
Total Covered Parking4
Entry Date09-20-2022
Energy SourceElectric
SewerSewer Connected
Location
Listing Courtesy of Columbia Partners Real Estate![]()
Sold By Skyline Properties, Inc.
Add your commute
LISTING UPDATED: 02/09/2023 06:35 PM
Property Details for 3947 Mason Loop Road
| Status | Sold |
|---|---|
| MLS # | 1998327 |
| Days on Market | 93 |
| Cumulative Days on Market | 499 |
| Taxes | $8,624 / year |
| HOA Fees | $245 / month |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1979 |
| Lot Size | 0.28 AC / 12,000 SF |
| County | Pierce County |
Location
Listing Courtesy of Columbia Partners Real Estate![]()
Sold By Skyline Properties, Inc.
Add your commute
Building Information for 3947 Mason Loop Road
Stories3Residences4Year Built1979Building Size-Lot Size0.28 AC / 12,000 SF
Payment Calculator
$5,821 per month
30 year fixed, 7.25% Interest
Principal and Interest
$4,857
Property Taxes
$719
HOA Dues
$245
The Payment Calculator is for illustrative purposes only.
Property Information for 3947 Mason Loop Road
Summary
Location and General Information
- Style: 54 - 4-Plex
- Area: 45 - South Tacoma
- Directions: WA-16 West take exit 1B, cont S Union Ave, W on S 35th St, turns into S 36th St, S on S Tyler St, W on S 40th St, N on Mason Rd, W on Mason Loop Rd.
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- 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: Laminate, Vinyl, Carpet
- Features: Laminate, Wall to Wall Carpet
- Amenities: Storage,Thermal Windows
- Cooling: Yes
- Fireplace: No
- Heating: Yes
- FIRPTA: No
Exterior Features
- Exterior: Wood
- Roof: Composition
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 4500
- Power Company: TPU
- Sewer Company: TPU
- Water Company: TPU
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Foundation: Poured Concrete
- First Right Of Refusal: false
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Photos Count: 16
Lot Information
- Lot Size Source: realist
- Parcel Number Free Text: 5554000132
- Calculated Square Footage: 3696
- Structure Type: Quadruplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 3696.0
- 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: 3
- Vacancy Rate: 0
- Number Of Units Total: 4
- Units Below Grade: false
- Units In Building Total: 4
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 17264
- Gross Adjusted Income: 81600
- Gross Rent Multiplier: 13.6
- Gross Scheduled Income: $81,600
- Insurance Expense: $1,200
- Net Operating Income: $64,336
- Other Expenses: $2,940
- Total Monthly Income: 6800
- Fuel Expense: $0
Unit 1
- Name Unit 1: A
- Washer/Dryer Unit 1: true
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Square Feet Unit 1: 924
- Rent Unit 1: $1,800.00
- Bedrooms Unit 1: 2
- Fireplaces Unit 1: 1
- Bathrooms Unit 1: 2
Unit 2
- Name Unit 2: B
- Washer/Dryer Unit 2: true
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 924
- Rent Unit 2: $1,800.00
- Bedrooms Unit 2: 2
- Fireplaces Unit 2: 1
- Bathrooms Unit 2: 2
Unit 3
- Name Unit 3: C
- Washer/Dryer Unit 3: true
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: true
- Square Feet Unit 3: 924
- Rent Unit 3: $1,600.00
- Bedrooms Unit 3: 2
- Fireplaces Unit 3: 1
- Bathrooms Unit 3: 2
Unit 4
- Name Unit 4: D
- Washer/Dryer Unit 4: true
- Range/Oven Unit 4: true
- Refrigerator Unit 4: true
- Dishwasher Unit 4: true
- Square Feet Unit 4: 924
- Rent Unit 4: $1,600.00
- Bedrooms Unit 4: 2
- Fireplaces Unit 4: 1
- Bathrooms Unit 4: 2
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 3696.0
- Leasable Area Units: Square Feet
Property History for 3947 Mason Loop Road
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 3947 Mason Loop Road
Taxable ValueLand$219,900Additions$649,000Total$868,900
Tax Record2024$9,663 ($805 / month)
Home Facts
Total Finished SqFt3,696 SqFtAbove Ground SqFt3,696 SqFtStories2Lot Size12,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1979Year Renovated1988ZoningR3CountyPIERCEAPN5554000132Fireplace TypeHas Fireplace
Schools near 3947 Mason Loop Road
This home is within Tacoma School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 4 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Whittier PublicPK to 5 | ||
Wainwright Public4 to 8 | ||
Foss Public9 to 12 | ||
Oakland Alternative 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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Listing Courtesy of Columbia Partners Real Estate
Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.