NOT LISTED FOR SALE

124 192nd Street Ct E Unit 126 Spanaway, WA 98387

Estimated Value: $614,832 - $697,000

4 Beds
3 Baths
2,962 Sq Ft
$217/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $557,000 $188 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,155/month

43 Days on Market

Highlights

  • RV Access or Parking
  • Patio
  • Property is Fully Fenced
  • Cul-De-Sac
  • Property is in very good condition
  • Wood Siding

About This Home

As of June 2021

This Duplex is a Great Investment Opportunity! Each unit has 1261 SF of living space. Large 15,500 SF lot. One of the two units has been updated and modernized and both have spacious floor-plans which makes this the perfect property purchase. Each unit has 2-bedrooms 1.50 baths and a Bonus room. In addition each duplex has a 1-car garage, large driveway, RV parking and each unit has a fully fenced private backyard with a covered patio area making it a great space for outdoor entertaining. Great location to shopping, entertainment and an easy commute to JBLM.

Last Agent to Sell the Property

Barb Williams

Terrafin License #42750 Listed on: 04/09/2021

Terrafin

Last Buyer's Agent

Grace Lee

Frontier Realty License #20109261

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1755917

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,356

Year Built

  • Built in 1980

Lot Details

  • 0.36 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Property is Fully Fenced
  • Property is in very good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,962 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces
  • RV Access or Parking

Outdoor Features

  • Patio

Schools

  • Camas Prairie Elementary School
  • Cedarcrest Jnr High Middle School
  • Spanaway Lake High School

Utilities

  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • Juli Park Condos
  • Spanaway Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 485100-010-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,356

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1980
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Juli Park
  • New Construction: No
  • CalculatedSquareFootage: 2962
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: 2.5% of Purchase Price
  • Special Features: None
  • Cumulative Days on Market: 317

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: No
  • Parking Features: RV Parking
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Septic System, Electric
  • PowerCompany: (TPU) Tacoma Public Utilities
  • SewerCompany: Septic System
  • WaterCompany: Spanaway Water
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Bethel
  • High School: Spanaway Lake High
  • Middle Or Junior School: Cedarcrest Jnr High

Lot Info

  • Parcel Number: 485100-010-0
  • Lot Size Acres: 0.3558
  • Lot Size: 15,500
  • Lot Size Sq Ft: 15500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Patio,RV Parking
  • MLSLotSizeSource: PCR
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 10

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Multi Family

  • Gross Scheduled Income: 35160
  • Net Operating Income: 27604
  • Number Of Units Total: 2
  • Insurance Expense: 1200
  • Leasable Area: 2962
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 6356

MLS Schools

  • Elementary School: Camas Prairie Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
Jun 16, 2021
Sold by
Wulf Kristin A
Bought by
Yu Kevin C and Yu Chunae
Seller's Agent
Barb Williams
Terrafin
Buyer's Agent
Grace Lee
Frontier Realty
List Price
$549,000
Sold Price
$557,000
Premium/Discount to List
$8,000
1.46%
Total Days on Market
43
Current Estimated Value
$643,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,208
Avg. Annual Appreciation
3.80%
Original Mortgage
$546,911
Outstanding Balance
$500,520
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$144,875

Purchase Details

Closed on
Sep 11, 2009
Sold by
Gmac Mortgage Llc
Bought by
Hatfield Kristin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2009
Sold by
Lynum Mark C
Bought by
Gmac Mortgage Llc and Gmac Mortgage Corporation

Purchase Details

Closed on
Nov 18, 2004
Sold by
Furr Jones Mary L
Bought by
Lynum Mark C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,200
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 4, 2003
Sold by
Jones William E
Bought by
Furr Jones Mary L
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Yu Kevin C $557,000 Chicago Title Company Of Wa
Hatfield Kristin A $236,000 First American Title Ins Co
Gmac Mortgage Llc $178,271 None Available
Lynum Mark C $209,000 Rtc
Furr Jones Mary L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yu Kevin C $546,911
Previous Owner Hatfield Kristin A $177,000
Previous Owner Lynum Mark Curtis $80,000
Previous Owner Lynum Mark C $167,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $557,000 +1.5% $188 / Sq Ft
05/22/2021 05/22/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $549,000 -- $185 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

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
2024 $6,696 $607,000 $175,700 $431,300
2023 $6,696 $575,900 $181,000 $394,900
2022 $7,014 $549,100 $171,700 $377,400
2021 $6,355 $455,700 $110,900 $344,800
2019 $4,073 $378,700 $96,700 $282,000
2018 $4,236 $333,800 $87,700 $246,100
2017 $4,236 $301,900 $77,400 $224,500
2016 $3,970 $257,800 $71,100 $186,700
2014 $2,688 $236,000 $68,300 $167,700
2013 $2,688 $75,100 $58,900 $16,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1755917

Northwest Multiple Listing Service (NWMLS)

APN: 485100-0100