3 months on rocket

1507 E 58th St, Tacoma, WA, 98404

$2,500,000

2.18 Acres
Land

Location

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Property Highlights

ViewCity, Territorial
MLS #2277125
Lot Size2.18 Acres
StatusActive

About 1507 E 58th St

Builders & Investors heres an excellent opportunity to acquire 2+ level acres to construct a proposed 36-unit Townhome Community with a mid-scale residential set-aside (possibly a 25-unit apartment building). These cutting edge townhomes have 3 bedrooms & 3.5 bathrooms with a great room and attached garage. Once built, these optimal designs will fly off the market as theyre precisely what residential buyers are seeking. The survey, preliminary engineering, and site-plan have been reviewed by City of Tacoma. Per the seller, the time required to complete this short plat is about 120 days. This is a rare and top notch site in an up & coming neighborhood with rising demand for new residences.

Property Details

Property Features

Listing Office:

  • Office Name: Skyline Properties, Inc.
  • Office Phone: (206) 522-3400
  • Listing Agent: Michael W. Busacca

Exterior Features

Exterior Information:

  • View: City, Territorial

Lot Features

Lot Information:

  • Lot: Curbs, Paved
  • Lot Size: 2.18 Acres

Other

Directions Information:

  • Directions: From I-5 head East on E. 56th St. Turn right onto Portland Ave. The property is one block South on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,500,000
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Housing Market Comparison

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

Med. Sold Price

$479.5K

Med. Price/SqFt

$315

Avg. Days On Market

35

# of Sold Homes

281

1507 E 58th St vs Tacoma

95 DAYS ON ROCKET

+60 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: #2277125

Listing Office:

  • Office Name: Skyline Properties, Inc.
  • Office Phone: (206) 522-3400
  • Listing Agent: Michael W. Busacca

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: 11/17/2024, 1:47:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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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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NMLS#3030

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.

Nearby Schools

school-card-donut-358670
6
/10
  • Mann Elementary School

  • 1002 S 52nd St

  • 0.49 miles

  • Public District Grades PK-5

school-card-donut-358671
5
/10
  • Edison Elementary School

  • 5830 S Pine St

  • 0.88 miles

  • Public District Grades PK-5

school-card-donut-358672
4
/10
  • Birney Elementary School

  • 1202 S 76th St

  • 1.18 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,199. Most Tacoma, WA residents have annual incomes between $35k-100k. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Tacoma, WA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Tacoma, WA?

Tacoma's housing market is diverse, offering a range of options from historic homes to contemporary apartments. Single-family homes are prevalent, with a mix of architectural styles including Craftsman, Victorian, and mid-century modern. The market also includes a selection of condominiums and townhouses, appealing to various preferences and lifestyles. The homeownership rate in Tacoma is robust, with a significant portion of residents owning their homes, while the rest are engaged in the rental market.

Is Tacoma, WA a good place to live?

Tacoma is celebrated for its vibrant arts scene and waterfront charm. The community prides itself on a rich cultural identity, with numerous galleries, museums, and theaters contributing to the local ambiance. Annual events like the Tacoma Film Festival and the Taste of Tacoma festival reflect the city's love for arts and cuisine, fostering a sense of community among residents.

Are things conveniently located in Tacoma, WA?

The city is served by a comprehensive educational system, including a variety of public and private schools, catering to all levels of education. Healthcare is accessible through several hospitals and clinics offering a range of services from primary care to specialized treatments. Tacoma's public library system is extensive, providing residents with educational resources and community programs. Retail and dining options are plentiful, with an emphasis on local businesses that showcase the region's culture and flavors.

What does the transportation in Tacoma, WA look like?

Tacoma's transportation infrastructure supports both private and public transit options. The city's public transportation system includes buses that operate on a set schedule, connecting various neighborhoods and key areas. The region is also bike-friendly, with dedicated lanes and trails. Major highways and thoroughfares facilitate commuting and travel to and from the city. While ride-sharing services are available, they complement the existing transportation network, offering additional mobility solutions for residents and visitors.

Frequently Asked Questions About 1507 E 58th St

What is the listing price of this property?

The listing price of 1507 E 58th St property is $2,500,000.

What type of property is this?

The property 1507 E 58th St is land located in Tacoma, Washington, 98404.

Is this property for sale now?

Active Listing: 1507 E 58th St is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 1507 E 58th St is 2.18 acres.
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Rocket HomesWashingtonPierce CountyTacoma984041507 E 58th St

This home is located at 1507 E 58th St in Tacoma, WA and zip code 98404. This home sits on a 2.18 acre lot. It has been listed on Rocket Homes since August 14, 2024 and is currently priced at $2,500,000.

Tacoma, WA housing market in October 2024 saw over 94 listings sold above listed price, more than 83 sold at listed price and over 104 sold below. The number of listings in Tacoma, WA increased by 8.5% between September 2024 and October 2024. In October 2024, listings were on the market for 35 days. During the same period, the median list price in this real estate market was $479,506.

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

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