Listed by Keller Williams Realty, Bought with TEC Real Estate Inc.
NOT LISTED FOR SALE

1116 -18 196th St E Spanaway, WA 98387

Spanaway Area
-- Bed
-- Bath
1,864 Sq Ft
0.45 Acre Lot

Sale Details

Date Sold: May 13, 2022

Last sale price $265,000 $142 Per Sq Ft

59 Days on Market

Highlights

  • 0.45 Acre Lot
  • No HOA
  • 1-Story Property

About This Home

As of May 2022

2 FER! 2 homes on one one lot, both rented for great cash flow. Low utility costs with well and septic. Add these to the portfolio. Cash only due to age of manufactured homes. septic already pumped and passed.

Last Agent to Sell the Property

Jonathan Harper

Keller Williams Realty License #27909 Listed on: 03/01/2022

Keller Williams Realty

Last Buyer's Agent

Adriana Perezchica

TEC Real Estate Inc. License #92423

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1895518

Northwest Multiple Listing Service (NWMLS)
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,204

Year Built

  • Built in 1972

Lot Details

  • 19,800 Sq Ft Lot

Parking

  • Open Parking

Home Design

  • Duplex
  • Metal Roof

Interior Spaces

  • 1,864 Sq Ft Home
  • 1-Story Property

Utilities

  • Shared Well
  • Septic Tank
  • Septic System

Community Details

  • No Home Owners Association
  • Spanaway Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0318032009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,204

Year Built

Built in 1972

Lot Details

0.45 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1972
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • Structure Type: Duplex
  • CalculatedSquareFootage: 1864
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Interior Amenities: Forced Air
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Metal
  • View: No
  • Waterfront: No
  • Exterior Features: See Remarks

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Shared Well
  • Utilities: Septic System, Electric

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Bethel

Lot Info

  • Parcel Number: 0318032009
  • Lot Size Acres: 0.4545
  • Lot Size Sq Ft: 19800
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: realist
  • ZoningJurisdiction: County
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2204

Multi Family

  • Number Of Units Total: 2
  • EnergySource: Electric
  • UnitsBelowGrade: false

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Outstanding Balance
$264,787
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 1, 2022
Closed on
May 10, 2022
Sold by
Bought by
Seller's Agent
Jonathan Harper
Keller Williams Realty
Buyer's Agent
Adriana Perezchica
TEC Real Estate Inc.
List Price
$299,000
Sold Price
$265,000
Premium/Discount to List
-$34,000
-11.37%

Purchase Details

Closed on
Jun 28, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
6.15%
Mortgage Type
Seller Take Back
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Spanaway, WA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Wfg National Title Company Of
-- Stewart Title
$500,000 Stewart Title Company
$130,000 Trans
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $280,000
Previous Owner $400,000
Previous Owner $97,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/13/2022 05/13/22 Sold $265,000 -5.4% $142 / Sq Ft
04/29/2022 04/29/22 Pending -- -- --
04/28/2022 04/28/22 Price Changed $280,000 -3.1% $150 / Sq Ft
04/13/2022 04/13/22 Price Changed $289,000 -3.3% $155 / Sq Ft
03/01/2022 03/01/22 For Sale $299,000 -- $160 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,177 $192,400 $192,400
2024 $2,177 $186,700 $186,700
2023 $2,177 $192,400 $192,400 $0
2022 $1,934 $182,500 $182,500 $0
2021 $1,679 $118,900 $118,900 $0
2019 $1,156 $103,700 $103,700 $0
2018 $1,307 $94,000 $94,000 $0
2017 $1,141 $82,900 $82,900 $0
2016 $1,135 $69,600 $69,600 $0
2014 $923 $66,900 $66,900 $0
2013 $923 $57,700 $57,700 $0
Source: Public Records

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1895518

Northwest Multiple Listing Service (NWMLS)
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