OFF MARKET

Listed by Nicolas Lind • Commencement Bay Brokers LLC. Bought with Coldwell Banker Bain.

Off Market Mar 2021 for $778K

$925,973

Est. refi paymentEst. refi $2,779/mo

—

•

— ba

•

3,696

sq ft

3941 Mason Loop Rd, Tacoma, WA 98409

About this home

Well maintained 4plex in Tacoma's Madrona neighborhood is a great investment opportunity. Steady long term tenants with rents poised to increase (currently under market value). The spacious 2 bedroom, 1.5 bath, units also feature a 1 car garage making these units highly desirable. Property features new siding & decks as well as a newer roof & gutters (2017). Unit A has been updated and features a new kitchen additionally the fireplaces in each unit have been recently removed for additional safety. Units have W/D hookups and W/D appliances are tenant owned. Storage units are currently rented for additional income. Easy access to Hwy 16 & I5.

Multi-familyProperty Type

1979Year Built

8,800 sq ftLot Size

$251Est. Price/Sq.Ft.

12 spacesParking

Listed by Nicolas Lind • Commencement Bay Brokers LLC

Listed by Merac Crawford • Commencement Bay Brokers LLC

Bought with Amnon Bruck • Coldwell Banker Bain

Redfin checked: 2 minutes ago

•Source:NWMLS as Distributed by MLS Grid #1722448

Redfin Estimate

$925,973

$148K since sold in March 2021$28K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 18.1% higher than the average sale price ($784K) of 5 comparable homes.

SOLD MAR 31, 2026
$850,000
A
8 beds4 baths3,664 sq ft
5205 S Orchard St, Tacoma, WA 98467
SOLD AUG 3, 2026
$850,000
B
5 beds3.5 baths3,536 sq ft
1024 Crestwood Ln, Fircrest, WA 98466
SOLD JUL 16, 2026
$799,000
C
4 beds3 baths3,232 sq ft
1473 Evergreen Pl, Fircrest, WA 98466
SOLD BY REDFIN MAY 12, 2026
$700,000
D
4 beds3 baths3,516 sq ft
4719 61st Ave W, Tacoma, WA 98466
SOLD MAY 13, 2026
$720,000
E
4 beds2.5 baths2,180 sq ft
1330 Farallone Ave, Fircrest, WA 98466

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Earn from this home

Sell

$302,865

Est. take-home

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Refinance

Est. cash available

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Market trends in 98409, WA

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.9%

0.5% MoM

Median sale price

$435K

$14K MoM

Avg. days on market

1 days MoM

Recently sold homes

6 MoM

New listings for sale

NEW 16 HRS AGO
$425,000
3 beds1 bath2,082 sq ft
6401 S Clement Ave, Tacoma, WA 98409
Matt Hume • Windermere Prof Partners
$349,950
2 beds1 bath724 sq ft
3415 S Durango St, Tacoma, WA 98409
Deanna Ickes • Sunfire Realty, LLC
OPEN SAT, 11AM TO 1PM
$399,950
2 beds1 bath840 sq ft
6237 S Cheyenne St, Tacoma, WA 98409
Jennifer Berg • Real Broker LLC
OPEN SUN, 12PM TO 2PM
$389,000
2 beds1 bath749 sq ft
6622 S Warner St, Tacoma, WA 98409
Christine Andreasen • eXp Realty
3D WALKTHROUGH
$345,000
2 beds1 bath1,030 sq ft
4032 B S Puget Sound Ave #2, Tacoma, WA 98409
Indy Basra • Every Door Real Estate
LISTED BY REDFIN
$525,000
7 beds3 baths2,769 sq ft
2829 S Asotin St, Tacoma, WA 98409
Redfin
$415,000
3 beds1 bath1,064 sq ft
4322 S Lawrence St, Tacoma, WA 98409
Irene Muller • Real Broker LLC
$265,000
3 beds2 baths1,028 sq ft
5418 S Wapato St, Tacoma, WA 98409
Angelia Porietis • Kelly Right RE of Seattle LLC
$399,990
2 beds1 bath832 sq ft
7047 S Warner St, Tacoma, WA 98409
Michelle Wright • Coldwell Banker Danforth
3D WALKTHROUGH
$625,000
5 beds3 baths1,788 sq ft
5017 S Trafton St, Tacoma, WA 98409
Haley Archuleta • Skyline Properties, Inc.
See all

Provided by Redfin

Sale history for 3941 Mason Loop Rd

Date

Event

Price

Mar 3, 2021

Sold (MLS) (Sold)

NWMLS as Distributed by MLS Grid #1722448

$778,000

$210/sq ft

Jan 30, 2021

Pending (Pending Inspection)

NWMLS as Distributed by MLS Grid #1722448

—

Jan 28, 2021

Listed (Active)

NWMLS as Distributed by MLS Grid #1722448

$755,000

$204/sq ft

Jul 27, 2011

Sold

Public Records

$384,700

$104/sq ft

Feb 7, 2005

Sold (MLS)

NWMLS as Distributed by MLS Grid #25009473

$369,950

$100/sq ft

Jan 20, 2005

Listed

NWMLS as Distributed by MLS Grid #25009473

$369,950

$100/sq ft

Sep 8, 2003

Sold

Public Records

$285,550

$77/sq ft

Apr 4, 2002

Sold (MLS)

NWMLS as Distributed by MLS Grid #22019896

$233,700

$63/sq ft

Feb 13, 2002

Listed

NWMLS as Distributed by MLS Grid #22019896

$234,500

$63/sq ft

Aug 31, 1999

Sold

Public Records

$180,000

$49/sq ft

May 26, 1993

Sold

Public Records

$131,000

$35/sq ft

Feb 21, 1980

Sold

Public Records

$145,000

$39/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$9,979 (+0.3%)

$223,200 + $693,200

$916,400

2025

$9,948 (+4.2%)

$223,200 + $693,200

$916,400

2024

$9,547 (+13.4%)

$215,700 + $699,100

$914,800

2023

$8,419 (−1.2%)

$206,400 + $652,100

$858,500

2022

$8,523 (+12.7%)

$201,600 + $609,900

$811,500

2021

$7,564 (+9.1%)

$147,200 + $596,800

$744,000

2020

$6,932 (+19.8%)

$110,600 + $491,800

$602,400

2019

$5,785 (−8.0%)

$89,100 + $422,500

$511,600

2018

$6,285 (+10.1%)

$58,500 + $339,700

$398,200

2017

$5,708 (+8.5%)

$58,500 + $339,700

$398,200

2016

$5,259 (+14.0%)

$47,500 + $307,100

$354,600

2015

$4,613 (+20.2%)

$41,600 + $270,400

$312,000

2014

$3,837 (−12.9%)

$40,300 + $225,200

$265,500

2013

$4,405 (+1.5%)

$37,700 + $185,400

$223,100

2012

$4,342 (−7.8%)

$42,300 + $208,900

$251,200

2011

$4,712 (+11.6%)

$52,000 + $222,800

$274,800

2010

$4,223 (+0.6%)

$70,900 + $254,600

$325,500

2009

$4,198

$81,100 + $275,600

$356,700

Tax history for 3941 Mason Loop Rd

Year

Property tax

Land + Additions

Assessment*

2026

$9,979 (+0.3%)

$223,200 + $693,200

$916,400

2025

$9,948 (+4.2%)

$223,200 + $693,200

$916,400

2024

$9,547 (+13.4%)

$215,700 + $699,100

$914,800

2023

$8,419 (−1.2%)

$206,400 + $652,100

$858,500

2022

$8,523 (+12.7%)

$201,600 + $609,900

$811,500

2021

$7,564 (+9.1%)

$147,200 + $596,800

$744,000

2020

$6,932 (+19.8%)

$110,600 + $491,800

$602,400

2019

$5,785 (−8.0%)

$89,100 + $422,500

$511,600

2018

$6,285 (+10.1%)

$58,500 + $339,700

$398,200

2017

$5,708 (+8.5%)

$58,500 + $339,700

$398,200

2016

$5,259 (+14.0%)

$47,500 + $307,100

$354,600

2015

$4,613 (+20.2%)

$41,600 + $270,400

$312,000

2014

$3,837 (−12.9%)

$40,300 + $225,200

$265,500

2013

$4,405 (+1.5%)

$37,700 + $185,400

$223,100

2012

$4,342 (−7.8%)

$42,300 + $208,900

$251,200

2011

$4,712 (+11.6%)

$52,000 + $222,800

$274,800

2010

$4,223 (+0.6%)

$70,900 + $254,600

$325,500

2009

$4,198

$81,100 + $275,600

$356,700

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

8,800 Sq. Ft.

Year renovated

1994

Sq. Ft.

3,696

Year built

1979

Style

Multi-Family (2-4 Unit)

County

Pierce County

APN

5554000120

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 29, 2026.

UR3

STGPD

PRD

Urban Residential District

This district is intended primarily for residential development including a range of dwellings and housing types, including multiplexes, at a transitional scale between that of lower-scale residential neighborhoods and the scale of Centers and Corridors, reflecting residential patterns such as pedestrian orientation and space between buildings. Buildings may occupy a little more of each residential lot than in the UR-2 District. Other compatible uses include residential businesses, neighborhood-serving commercial uses, and community facilities including parks, schools and religious facilities. The district is characterized by moderate activity levels and vehicular traffic, trees and other green features, and complete streets supporting transportation choices. The UR-3 District is generally located adjacent to higher intensity zoning districts and/or major Corridors.

Zone overlays

South Tacoma Groundwater Protection District
Planned Residential Development District

Permitted uses

Include but are not limited to:

Day care facility
Housing-Group
Housing-Senior
Housing-Other
Mixed use
Golf related

Property details

Parking

Parking Information
Parking Uncovered Spaces: 8
Covered Spaces: 4
Open Parking Spaces: 8
Has Open Parking

Interior

Virtual Tour

Heating & Cooling
Has Heating

Interior Features
Interior Features: Wall to Wall Carpet
Flooring: Vinyl, Carpet

Multi-Family Financial Information
Insurance Expense: $1,000
Net Operating Income: $43,308
Gross Adjusted Income: 56640
Gross Scheduled Income: $56,640
Total Monthly Income: 4720
Gross Rent Multiplier: 13
Total Expenses: 13332

Multi-Unit Information
Units Below Grade: false
Units In Building Total: 4
# of Units (Total): 4
Furnished: Unfurnished

Exterior

Building Information
Roof: Composition

Exterior Features
Exterior Features: Wood

Property Information
Style Code: 54 - 4-Plex
Property Type: Residential Income
Property Sub Type: Multi Family
Property Condition: Average
Has View

Land Information
Possible Use: Multi-Family

Lot Information
MLS Lot Size Source: Public Records
Site Features: Deck,High Speed Internet
Zoning Jurisdiction: City
Lot Features: Cul-De-Sac
Lot Size Units: Square Feet
Lot Size Acres: 0.202
Elevation Units: Feet

Financial

Tax Information
Tax Annual Amount: $6,932
Tax Year: 2020

Financial Information
Listing Terms: Cash Out, Conventional
Buyer Financing: Conventional

Utilities

Utility Information
Water Source: See Remarks
Water Company: TPU
Power Company: TPU
Sewer: Sewer Connected
Sewer Company: TPU
Utilities: High Speed Internet, Sewer Connected, Electric
Water Sewer Garbage: 5400

Location

School Information
Elementary School: Buyer To Verify
Middle Or Junior High School: Buyer To Verify
High School: Buyer To Verify
High School District: Tacoma

Location Information
Directions: From I-5 take the 56th Street exit. Head West on 56th to Tyler St. North on Tyler to 40th St. West on 40th, 40th becomes Mason Loop. Property located on West side of loop.

Community Information
Amenities: Playground,Storage,Thermal Windows

Public facts

Beds: 8
Baths: 6.0
Sq. Ft.: 3,696
Stories: 2.0
Lot Size: 8,800 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1979
Year Renovated: 1994
County: Pierce County
APN: 5554000120

Home facts updated by county records on Jun 29, 2026

Other

Listing Information
Mls Status: Sold

Listing Date Information
On Market Date: Thursday, January 28, 2021

Green Information
Green Energy Efficient: Thermal Windows
Power Production Type: Electric

Home Information
Living Area Units: Square Feet
Calculated Square Footage: 3696
Building Area Total: 3696
Building Area Units: Square Feet
Year Built Effective: 1988
Effective Year Built Source: Public Records
Structure Type: Quadruplex
Stories Total: 2

Around this home

Schools

Whittier Elementary School

Public PreK-3 • Assigned • 1.0mi

5/10

Wainwright Intermediate School

Public 4-8 • Assigned • 1.7mi

6/10

Foss High School

Public 9-12 • Assigned • 1.2mi

2/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 86° expected this year, 13 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

7/10 Air Factor

11 unhealthy days expected this year, 12 days in 30 years

Provided by First Street

Historical weather

Tacoma, WA • 98409

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.9 hours in June and 1.7 hours in December, placing it below the U.S. average for solar exposure.

8.9 hrs

1.7 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$880,000 – $1.07M

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New listings for sale in 98409

NEW 16 HRS AGOVIDEO TOUR

$425,000

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6401 S Clement Ave, Tacoma, WA 98409

Matt Hume • Windermere Prof Partners

$349,950

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3415 S Durango St, Tacoma, WA 98409

Deanna Ickes • Sunfire Realty, LLC

OPEN SAT, 11AM TO 1PM

$399,950

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Jennifer Berg • Real Broker LLC

OPEN SUN, 12PM TO 2PM3D WALKTHROUGH

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Christine Andreasen • eXp Realty

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Indy Basra • Every Door Real Estate

LISTED BY REDFIN3D WALKTHROUGH

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Redfin

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4322 S Lawrence St, Tacoma, WA 98409

Irene Muller • Real Broker LLC

$265,000

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Angelia Porietis • Kelly Right RE of Seattle LLC

$399,990

2 beds1 bath832 sq ft

7047 S Warner St, Tacoma, WA 98409

Michelle Wright • Coldwell Banker Danforth

Home values near 3941 Mason Loop Rd

Data from public records.

Address	Redfin Estimate
3921 Mason Loop Rd, Tacoma, WA - Beds \| - Baths \| 4190 Sq. Ft.	—
3935 Mason Loop Rd, Tacoma, WA - Beds \| - Baths \| 3696 Sq. Ft.	$930,315

Address	Redfin Estimate
3925 Mason Loop Rd, Tacoma, WA - Beds \| - Baths \| 3696 Sq. Ft.	$856,907
3947 Mason Loop Rd, Tacoma, WA - Beds \| - Baths \| 3696 Sq. Ft.	—

Address	Redfin Estimate
3931 Mason Loop Rd, Tacoma, WA 8 Beds \| 6 Baths \| 3696 Sq. Ft.	$960,803
3960 Mason Loop Rd, Tacoma, WA 8 Beds \| 4 Baths \| 3672 Sq. Ft.	$877,201

Property information provided by undefined .

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 98409, WA

Sale history for 3941 Mason Loop Rd

Tax history for 3941 Mason Loop Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 98409

Home values near 3941 Mason Loop Rd

More real estate resources