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4624 N Pearl Street, Tacoma, WA, 98407

3beds
1baths
1,440sqft
$525,000
$365price/sqft
$3,388/moest. monthly cost
$135,520/yrincome needed

About This Home

North Tacoma UR3 opportunity in one of the city’s most sought-after locations! This 3 bed, 1 bath cosmetic fixer on a 6,000 sq ft lot with alley access, offers renovation, rental or redevelopment potential under Tacoma’s middle housing zoning updates. Located just minutes from Ruston Way waterfront, Point Defiance Park, shopping, dining, and commuter routes, this is an exceptional chance for investors, builders, or savvy homeowners to secure property in a high-demand North Tacoma neighborhood where development opportunities are becoming increasingly limited. Buyer to verify development potential.

Getting Around

72
WalkingVery Walkable
0
TransitVery Limited Transit
48
BikeSomewhat Bikeable

Schools

4/10
Truman Middle SchoolGrades 6-80.8 mi
4/10

Construction

Condition

  • Year built: 1940

Materials

  • Foundation: Poured Concrete
  • Roof: Composition
  • Construction materials: Metal/Vinyl

Notable Dates

  • Major remodel year: 1985

Type & Style

  • Home type: SingleFamily
  • Architectural style: 1 Story w/Bsmnt.
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Refrigerator,Stove(s)/Range(s),Refrigerator(s)

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bathroom Full

  • Level: Main

Bedroom

  • Level: Second

Bedroom

  • Level: Main

Bedroom

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Bonus Room

  • Level: Second

Entry Hall

  • Level: Main

Features

  • Flooring: Hardwood,Laminate

Heating & Cooling

  • Heating features: Forced Air,Electric
  • Cooling features: None

Interior Area

  • Total structure area: 1,440
  • Total interior livable area: 1,440 sqft

Kitchen With Eating Space

  • Level: Garage

Living Room

  • Level: Main

Property

Details

  • Parcel number: 2620000830
  • Zoning: R2
  • Zoning description: Jurisdiction: City
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Main
  • Topography of land: Level
  • Residential vegetation: Garden Space

Lot

  • Lot size: 5,998 sqft
  • Features: Curbs,Paved,Sidewalk

Parking

  • Total spaces: 2
  • Parking features: Detached Garage
  • Has garage: Yes
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Coastal Flooding
    Coastal FloodingModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Coastal Flooding
Heat Wave

FEMA Declared Disasters in Pierce County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,654$31,848
Home Insurance *$118$1,416
Property Taxes $467$5,604
Electricity $149$1,793
Total$3,388$40,656
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$116,160/yr
40% on housing$101,640/yr
45% on housing$90,346/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.9%
9.9%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$365This listing

vs Other Active Listings

Avg $/sqft

ZIP 98407$347
Pierce County$262

vs Homes Sold Last Month

Median $/sqft

ZIP 98407$347
Pierce County$312

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-05Price change$2,495
2026-07-27Listed for rent$2,600
2026-05-19Listed for sale$525,000
2025-02-09Listing removed$2,200
2025-01-29Price change$2,200
2025-01-12Listed for rent$2,600
2022-04-22Sold$450,000
2010-01-29Sold$187,500

For Sale by Agent

AgentStephanie Owens
BrokerageHomesprings Real Estate

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