5 months on rocket

1603 Washington St, Steilacoom, WA, 98388

$1,798,000

Home List Price

$10,000*

Closing Credit

0 Baths
4,924 SqFt
$365/SqFt
House
Schools Nearby

Location

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1603 Washington St, Steilacoom$1,798,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Year Built1947
ViewBay, City, Mountain(s), Ocean, See Remarks, Sound
MLS #2175546
Lot Size0.27 Acres
StatusActive

About 1603 Washington St

Investors' Dream: Elevate your portfolio with this exceptional offering in the heart of Steilacoom. Masterfully renovated 6-Plex alongside the mid-century 2-bedroom home, combining modern luxury with vintage charm. Exclusive Features: all 7 units boast covered parking, additional storage, & access to a shared, elegantly landscaped courtyard garden. Unbeatable Views: iconic panoramas of the Olympic Mts & Puget Sound. Location: Situated in historic & scenic Steilacoom, blend of serenity & convenience. Consistent Occupancy: low turnover & rock-bottom vacancy rate, indicative of high tenant satisfaction & steady cash flow; a long-term, high-yield investment. Dive into the Steilacoom market with confidence & secure this unparalleled asset today!

Property Details

Property Features

Property Information:

  • Year Built: 1947
  • Stories: 2
  • Living Area: 4,924 SqFt

Listing Office:

  • Office Name: Coldwell Banker Danforth
  • Listing Agent: Seana Gladstone

Interior Features

Interior Information:

  • Flooring Type: Engineered Hardwood, Hardwood, Vinyl, Carpet
  • Interior: Hardwood, Wall to Wall Carpet

Exterior Features

Exterior Information:

  • View: Bay, City, Mountain(s), Ocean, See Remarks, Sound
  • Exterior: Cement/Concrete, Wood, Wood Products

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.27 Acres

School Info

Assigned Schools Information:

  • Steilacoom High School, Public District Grades 9-12
  • Pioneer Middle School, Public District Grades 6-8

Other

Directions Information:

  • Directions: GPS directions are accurate. You can park on Washington St or Pacific.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,798,000
  • Price Per SqFt: $365/SqFt

Tax Information:

  • Annual Amount: $7,476
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Steilacoom, WA.

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Steilacoom, WA

City

Med. Sold Price

$695K

Med. Price/SqFt

$333

Avg. Days On Market

32

# of Sold Homes

8

1603 Washington St vs Steilacoom

167 DAYS ON ROCKET

+135 Days

$1,798,000

+$1.1M More

$365/SqFt

+$31 More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $31/SqFt more than other homes in Steilacoom, WA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NWMLS
  • MLS Number: #2175546

Listing Office:

  • Office Name: Coldwell Banker Danforth
  • Listing Agent: Seana Gladstone

IDX Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.

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.

IDXThe data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.

DMCA Notice

Disclaimer: The information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site 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. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/16/2024, 4:17:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 28, 2012Home Sold
$475,000
Apr 02, 1999Home Sold
$300,000

Tax History

YEARPROP. TAXASSESSMENT
2021$7,476$694,000
2020$7,160$694,000
2018$6,978$630,900
2017$6,978$548,600

History based on county public records data.

Payment Calculator

$9,041

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,457

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-58581
7
/10

  • Pioneer Middle School

  • 1750 Bobs Hollow Ln

  • 5.38 miles

  • Public District Grades 6-8

High School

school-card-donut-58582
8
/10

  • Steilacoom High School

  • 54 Sentinel Dr

  • 1.13 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,281. The most common annual income of people living in Steilacoom, WA is between $35k-100k. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Steilacoom, WA

What type of housing is available in Steilacoom, WA?

In Steilacoom, about two thirds of buildings are single detached homes, whereas the rest are mainly small apartment buildings. This town experienced its largest construction boom in the 1960s and 1970s, so most of the available properties are from this time period. This town is primarily composed of two bedroom and three bedroom homes. Homeowners occupy about 70% of the properties in the town whereas the rest are rented.

Is Steilacoom, WA a good place to live?

People who prefer a calm environment will enjoy Steilacoom. This town is reasonably quiet, as noise from streets and other parts of the city is rarely an issue. Finally, public green spaces, such as Farrell Marsh Park and Chambers Creek Park, are very well-located and there are approximately 10 of them close by for residents to visit, which makes them easy to get to.

Are things conveniently located in Steilacoom, WA?

House buyers in this part of the Seattle-Tacoma-Bellevue metropolitan area almost always need a car to reach the nearest supermarket. There are a few opportunities for those who value restaurants and cafes within walking distance. With respect to education, home buyers will appreciate that no matter where their property is located in Steilacoom, primary schools are close by. In contrast, residents may find it difficult to reach high schools on foot.

What does the transportation in Steilacoom, WA look like?

The favored method to get around in Steilacoom is very often a car. Parking is generally easy. On the other hand, the public transit service in Steilacoom is not very frequent. Nevertheless, the town is linked by a few bus lines, and most houses are near a bus stop. Walking is not very practical for home buyers in Steilacoom because carrying out daily needs is impractical.

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Frequently Asked Questions About 1603 Washington St

What is the listing price of this property?

The listing price of 1603 Washington St property is $1,798,000.

What type of property is this?

The property 1603 Washington St is a house located in Steilacoom, Washington, 98388.

Is this property for sale now?

Active Listing: 1603 Washington St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1603 Washington St are:
Pioneer Middle School: GreatSchools Rating 7/10
Steilacoom High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $7,476 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 28, 2012 for $475,000. (source: MLS/tax record).

What is the square footage of this property?

The property 1603 Washington St is 4,924 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1603 Washington St is 1947.

Rocket Homes›Washington›Pierce County›Steilacoom›98388›1603 Washington St

This home is located at 1603 Washington St in Steilacoom, WA and zip code 98388. This 4,924 square foot home, which was built in 1947, sits on a 0.27 acre lot. It has been listed on Rocket Homes since October 31, 2023 and is currently priced at $1,798,000.

In March 2024 more than 5 listings in Steilacoom, WA were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 2 were sold below. Between February 2024 and March 2024, Steilacoom, WA real estate market has seen decrease in the number of listings by 20%. In March 2024, listings were on the market for 32 days. During the same period, the median list price in this real estate market was $695,000.

From Rocket Homes Real Estate and based on county public records data.

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