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Listed by Cecilia Dravis • Better Properties N. Proctor.
FOR SALE

$499,000

Est. $2,764/mo

Price reduced $50,900 from the original $549,900 asking price

5 bd•2 ba•2,024 sq ft

1427 E Fairbanks Street, Tacoma, WA 98404

• Listed Aug 15, 2026•54 days active · 54 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: Better Properties N. Proctor; Cecilia Dravis; 253-820-1709; cdravis@gmail.com

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Listing Broker: Better Properties N. Proctor; Cecilia Dravis; 253-820-1709; cdravis@gmail.com

About this home

Turn-key craftsman in the heart of Tacoma. Nestled on an expansive lot just minutes from I-5, parks, shopping, and dining. This move-in ready classic delivers a rare combination of historic charm, and modern updates. A beautiful home with a picturesque view of Mt. Rainier. Enjoy a rare opportunity to have two lots for yourself or maybe you want to build an investment property next door. The possibilities are endless. The main level welcomes you with freshly refinished fir floors and a sunlit, open living and dining area washed in natural light. Seamlessly connected is the refreshed kitchen, complete with new countertops, stainless steel appliances, and a charming breakfast nook. Every inch feels light and bright with brand-new interior and exterior paint. The fully finished lower level offers two spacious bedrooms, a full bathroom, a utility room, and abundant storage space. Combining the peace of mind of modern updates with timeless architectural appeal, you will fall in love.

Property type
Single Family
Year built
1911
Interior
2,024 sq ft
Lot size
0.373 acres
Parking
None, Off Street, RV Parking
Price / sq ft
$247
HeatingForced Air
CoolingNone
Property taxes$3,507/yr (est.)
School districtTacoma

Listed by Cecilia Dravis • Better Properties N. Proctor

Listing updated: October 1, 2026 at 01:42pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2569320

Around this home

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1427 E Fairbanks Street, Tacoma, WA 98404

List price
$499,000
Down payment
$99,800

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Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.

Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.

Property details

Interior features

  • Dbl Pane/Storm Window
  • Dining Room
  • Water Heater
  • Finished basement

Kitchen

  • Dishwasher
  • Dryer
  • Refrigerator
  • Stove(s)/Range(s)
  • Washer

Bedrooms

  • 5 bedrooms total
  • 3 on the main level
  • 2 on the lower level

Bathrooms

  • 2 full bathrooms
  • 1 on the main level

Layout

  • 1 Story w/Bsmnt.
  • 2,024 sq ft finished

Flooring

  • Ceramic Tile
  • Softwood
  • Carpet

Heating & cooling

  • Forced Air heating
  • None cooling

Single-family home facts

As entered by the listing broker on Northwest MLS

Lot & site

Topography
Partial Slope
Vegetation
Brush, Fruit Trees
Zoning jurisdiction
City
Faces
South

Systems

Energy source
Natural Gas
Power production
Natural Gas
Water heater
Gas
Water heater location
Lower level
Power company
Tacoma Public Utilities
Water company
Tacoma Public Utilities
Sewer company
City of Tacoma Environmental Services
Gas company
Puget Sound Energy
Garbage service
City of Tacoma Environmental Services
Irrigation water rights
No

New construction

Square footage source
Public records
Lot size source
Public Records
Effective year built source
Public Records

Manufactured home

Land lease
No

Neighborhood mobility

Walk, bike & transit scores

Source: Walk Score®, Bike Score® and Transit Score® are provided by Walk Score (walkscore.com), a third-party service. This is not Northwest MLS listing data.

Schools

Ratings via SchoolDigger

School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.

Sales & Tax Records for 1427 E Fairbanks Street

NWMLS via MLS Grid

Every listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.

  1. Oct 1, 2026
    Price reduced
    NWMLS via MLS Grid · #2569320
    $499,000
    $247/sq ft
  2. Aug 15, 2026
    Listed
    NWMLS via MLS Grid · #2569320
    $549,900
    $272/sq ft

Down payment assistance

6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.

Northwest MLS lists this home as eligible for down payment assistance programs

Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.

Mortgage payment forecast

$3,181 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

Takes about 5 minutes & won't affect your credit

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Source: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

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Listing Broker: Better Properties N. Proctor; Cecilia Dravis; 253-820-1709; cdravis@gmail.com

Market pulse

Tacoma is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market
  • Offer insight: Well-priced homes draw multiple offers; others sell close to asking.

  • List to sale price: The average home sells very close to list price.

  • Time on market: The average home goes pending in around 55 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $400,000 Sold

    1 week ago

    3 bd•1 ba•~1,480 sq ft•Single Family

    2814 Pioneer Way E, Tacoma, WA 98404

    5%

    Under list

    291

    Days on market

    0.9 mi

    Distance

  • $444,500 Sold

    1 week ago

    3 bd•1 ba•~1,142 sq ft•Single Family

    3571 E K Street, Tacoma, WA 98404

    1%

    Over list

    28

    Days on market

    0.3 mi

    Distance

  • $425,000 Sold

    1 week ago

    3 bd•2.5 ba•~1,364 sq ft•Single Family

    913 E McKinley Road, Tacoma, WA 98404

    11%

    Under list

    172

    Days on market

    0.5 mi

    Distance

  • $240,000 Sold

    2 weeks ago

    2 bd•1.75 ba•~1,802 sq ft•Single Family

    4034 E Spokane Street, Tacoma, WA 98404

    7%

    Over list

    9

    Days on market

    0.8 mi

    Distance

  • $65,000 Sold

    2 weeks ago

    •Single Family

    4031 E K Street, Tacoma, WA 98404

    46%

    Under list

    70

    Days on market

    0.7 mi

    Distance

Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.

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Market data from MLS GRID / NWMLS · Updated Oct 2026

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of October 1, 2026 at 01:42pm (date and time MLS GRID Data was obtained). 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.

Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

© 2026 Northwest Multiple Listing Service. All rights reserved.

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