3 months on rocket

818 Yakima Ave, Tacoma, WA, 98405

$2,500,000

0.45 Acres
Land
Schools Nearby

Location

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Property Highlights

MLS #2195483
Lot Size0.45 Acres
StatusActive

About 818 Yakima Ave

Maximize your opportunities by taking advanage of this prime "Opportunity Zone" parcel in the heart of Tacoma's downtown public service core! This high traffic, high visibility, 19,500SF corner-lot is a rare find in our current market. Mixed-use zoning makes this a prime parcel for a multitude of potential uses. Existing 2-story office building can stay, or raze to maximize use of buildable space. Federal Opportunity Zone designation offers many tax advantages. NCX zoning allows for retail, office, personal services or residential, including multi-family. See City of Tacoma zoning for more detailed info.

Property Details

Property Features

Listing Office:

  • Office Name: Realogics Sotheby's Int'l Rlty
  • Listing Agent: Ramona Jones

Lot Features

Lot Information:

  • Lot: Corner Lot, Curbs, Paved, Sidewalk
  • Lot Size: 0.45 Acres

School Info

Assigned Schools Information:

  • Jason Lee, Public District Grades 6-8
  • McCarver, Public District Grades PK-5

Other

Directions Information:

  • Directions: On the corner of 9th and Yakima, just south of 6th Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,500,000

Tax Information:

  • Annual Amount: $18,184
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$459.5K

Med. Price/SqFt

$309

Avg. Days On Market

33

# of Sold Homes

257

818 Yakima Ave vs Tacoma

91 DAYS ON ROCKET

+58 Days

$2,500,000

+$2.0M More

KEY TAKEAWAY

This property is $2.0M more than the Median Sold Price in Tacoma, WA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NWMLS
  • MLS Number: #2195483

Listing Office:

  • Office Name: Realogics Sotheby's Int'l Rlty
  • Listing Agent: Ramona Jones

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: 5/1/2024, 6:17:16 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

Nov 30, 2000Home Sold
$525,000
Feb 24, 1995Home Sold
$355,000

Tax History

YEARPROP. TAXASSESSMENT
2021$18,184$1,449,600
2020$14,490$1,449,600
2018$14,445$961,700
2017$14,445$915,900

History based on county public records data.

Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,562

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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.

Elementary School

school-card-donut-4315951
1
/10
  • McCarver

  • 2111 S J St

  • 0.91 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4315952
2
/10
  • Jason Lee

  • 602 N Sprague Ave

  • 0.78 miles

  • Public District Grades 6-8

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $20,705. Most Tacoma, WA residents have annual incomes less than $35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 818 Yakima Ave

What is the listing price of this property?

The listing price of 818 Yakima Ave property is $2,500,000.

What type of property is this?

The property 818 Yakima Ave is land located in Tacoma, Washington, 98405.

Is this property for sale now?

Active Listing: 818 Yakima Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 818 Yakima Ave are:
McCarver: GreatSchools Rating 1/10
Jason Lee: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $18,184 (source: MLS/based on county public records data).

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

The last sale was on November 30, 2000 for $525,000. (source: MLS/tax record).

How much acreage is this property?

The property 818 Yakima Ave is 0.45 acres.
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Rocket HomesWashingtonPierce CountyTacoma98405818 Yakima Ave

This home is located at 818 Yakima Ave in Tacoma, WA and zip code 98405. This home sits on a 0.45 acre lot. It has been listed on Rocket Homes since January 31, 2024 and is currently priced at $2,500,000.

In March 2024 more than 125 listings in Tacoma, WA were sold above the asking price. During the same period more than 69 listings were sold at asking price, while more than 63 were sold below. The number of listings in Tacoma, WA increased by 9.3% between February 2024 and March 2024. The median list price of listings available in March 2024 was $459,571, while the average time on the real estate market was 33 days.

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

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