Seller's Agent in 2020
Austin Kelley
Kidder Mathews
(360) 705-2800
29 Total Sales
Listed by Kidder Mathews, Bought with Keller Williams Rty Tacoma
101 174th St E Spanaway, WA 98387
Estimated Value: $520,000 - $666,901
4
Beds
4
Baths
2,080
Sq Ft
$285/Sq Ft
Est. Value
About This Home
As of March 2020Offered for sale for the first time in over 20 year, the Spanaway 8-unit consists of eight 1-bedroom 1-bathroom units located just off Pacific Ave and 174th St E. With original interiors and below market rents, this investment allows new ownership a light value-add play combined with excellent renter’s market location. Extremely low historic vacancy.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1563366
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,796
Year Built
- Built in 1972
Lot Details
- 0.49 Acre Lot
- Property is in good condition
Home Design
- Quadruplex
- Slab Foundation
- Composition Roof
- Vinyl Construction Material
Interior Spaces
- 1-Story Property
- Laminate Flooring
Parking
- 12 Parking Spaces
- Open Parking
Utilities
- Septic Tank
- Septic System
Community Details
- Tacoma Subdivision
Listing and Financial Details
- Assessor Parcel Number 5025001081
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 10, 2020
Closed on
Mar 16, 2020
Sold by
Spanaway Apartments Llc
Bought by
Drees Roger A and Drees Lorna D
Seller's Agent
Austin Kelley
Kidder Mathews
Buyer's Agent
Mark Gant
Keller Williams Rty Tacoma
List Price
$900,000
Sold Price
$890,000
Premium/Discount to List
-$10,000
-1.11%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$296,549
Avg. Annual Appreciation
-6.79%
Original Mortgage
$333,750
Outstanding Balance
$295,020
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$298,431
Purchase Details
Closed on
Dec 30, 2014
Sold by
Adams Kristine A and Adams Timothy R
Bought by
Spanaway Apartments Llc
Purchase Details
Closed on
May 1, 1997
Sold by
Mcguire Brian P
Bought by
Adams Timothy R and Adams Kristine A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,398
Interest Rate
7.98%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 7, 1995
Sold by
Mcguire Karen L
Bought by
Mcguire Brian P
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Drees Roger A | $445,000 | Fatco | |
| Spanaway Apartments Llc | -- | None Available | |
| Adams Timothy R | $160,000 | -- | |
| Mcguire Brian P | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Drees Roger A | $333,750 | |
| Previous Owner | Adams Timothy R | $128,398 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/25/2020 03/25/20 | Sold | $890,000 | -1.1% | $428 / Sq Ft |
| 02/14/2020 02/14/20 | Pending | -- | -- | -- |
| 02/10/2020 02/10/20 | For Sale | $900,000 | -- | $433 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,846 | $536,200 | $189,700 | $346,500 |
| 2024 | $5,846 | $541,700 | $176,100 | $365,600 |
| 2023 | $5,846 | $508,400 | $158,700 | $349,700 |
| 2022 | $5,440 | $499,000 | $158,700 | $340,300 |
| 2021 | $4,727 | $337,200 | $94,100 | $243,100 |
| 2019 | $3,196 | $269,400 | $77,900 | $191,500 |
| 2018 | $3,398 | $261,800 | $71,000 | $190,800 |
| 2017 | $3,251 | $216,300 | $62,300 | $154,000 |
| 2016 | $2,855 | $193,600 | $53,700 | $139,900 |
| 2014 | $2,540 | $168,100 | $49,200 | $118,900 |
| 2013 | $2,540 | $154,300 | $41,100 | $113,200 |
Source: Public Records
Agents Affiliated with this Home
-
Austin Kelley
-
Mark Gant
Buyer's Agent in 2020
Mark Gant
Keller Williams Rty Tacoma
(253) 318-8888
4 in this area
40 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1563366
APN: 502500-1081
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Based on information submitted to the MLS GRID
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