Listed by Sound Point Real Estate LLC, Bought with COMPASS
NOT LISTED FOR SALE

14909 10th Avenue Ct S Unit 14911 Spanaway, WA 98387

Estimated Value: $563,000 - $672,170

4 Beds
4 Baths
2,200 Sq Ft
$274/Sq Ft Est. Value

Last Sold October 01, 2020

Last sale price $474,900 $216 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,746/month

1 Day on Market

Highlights

  • 0.86 Acre Lot
  • Secluded Lot
  • Cul-De-Sac
  • Deck
  • Territorial View
  • Patio

About This Home

As of October 2020

Convenient, secluded Spanaway 2 bed 2 bath Duplex (each side), with trail leading to park (Spanaway Lake). Large open area in back, storage shed for each unit. Recent improvements include new insulation in crawl space, new hot water tank in one unit, remodeled bath in the other unit. Secluded deck and patio on both sides to BBQ, entertain, or relax.

Current rents are under market. Tenants are renting month-to-month and are willing to negotiate new leases.

Last Agent to Sell the Property

Victor Meyer

Sound Point Real Estate LLC License #26016 Listed on: 09/04/2020

Sound Point Real Estate LLC

Last Buyer's Agent

Greg Garner

COMPASS License #8642

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1657755

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,880

Year Built

  • Built in 1987

Lot Details

  • 0.86 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Partially Fenced Property
  • Secluded Lot
  • Corner Lot

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,200 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Utilities

  • Overhead Utilities
  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Spanaway Lake Subdivision
  • Property is near a preserve or public land

Listing and Financial Details

  • Tax Lot 8510180336
  • Assessor Parcel Number 031920-5-020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,880

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1987
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2200
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Tile
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Adjacent to Public Land, Corner Lot, Cul-De-Sac, Dead End Street, High Voltage Line, Paved, Secluded
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Property Condition: Fair
  • Structure Type: Duplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, High Voltage Line, Septic System, Electric, Wood
  • PowerCompany: Elmhurst Mutual
  • WaterCompany: Parkland Water & Light
  • WaterSewerGarbage: 1380

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Lakewood
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 031920-5-020
  • Lot Size Acres: 0.86
  • Lot Size: 141 X 290 (approx)
  • Lot Size Sq Ft: 37462
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,High Speed Internet,Outbuildings,Patio
  • MLSLotSizeSource: PCR
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family
  • LotNumber: 8510180336

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 17
  • LeasedItems: None
  • TotalMonthlyIncome: 2295

Multi Family

  • Gross Scheduled Income: 28080
  • Net Operating Income: 19545
  • Number Of Units Total: 2
  • Insurance Expense: 832
  • Leasable Area: 2200
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 4880

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2022
Sold by
Lance Milton M and Lance Jennifer L
Bought by
Milton Kyle G
Current Estimated Value
$603,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Outstanding Balance
$406,095
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$196,948

Purchase Details

Listed on
Sep 4, 2020
Closed on
Sep 24, 2020
Sold by
Axling Todd H and Axling Jackie S
Bought by
Milton M Lance M and Milton Jennifer L
Seller's Agent
Victor Meyer
Sound Point Real Estate LLC
Buyer's Agent
Greg Garner
COMPASS
List Price
$474,900
Sold Price
$474,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.85%

Purchase Details

Closed on
Aug 28, 2012
Sold by
Culbertson Jackie S
Bought by
Axling Todd H and Axling Jackie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,000
Interest Rate
3.49%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Milton Kyle G $12,781 Fidelity National Title
Milton Kyle G $12,781 Fidelity National Title
Milton M Lance M $474,900 First American Title Company
Axling Todd H -- Cw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Milton Kyle G $440,000
Closed Milton Kyle G $440,000
Previous Owner Axling Todd H $242,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2020 10/01/20 Sold $474,900 0.0% $216 / Sq Ft
09/05/2020 09/05/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $474,900 -- $216 / 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
2025 $6,583 $587,000 $256,300 $330,700
2024 $6,583 $593,800 $244,500 $349,300
2023 $6,583 $571,800 $244,400 $327,400
2022 $6,222 $599,500 $244,400 $355,100
2021 $5,559 $397,500 $141,700 $255,800
2019 $3,917 $338,700 $120,100 $218,600
2018 $4,261 $323,500 $107,700 $215,800
2017 $3,824 $273,800 $90,300 $183,500
2016 $3,574 $239,700 $68,800 $170,900
2014 $2,832 $212,300 $67,700 $144,600
2013 $2,832 $181,200 $59,200 $122,000
Source: Public Records

Agents Affiliated with this Home

  • Victor Meyer

    Seller's Agent in 2020

    Victor Meyer

    Sound Point Real Estate LLC

    (206) 251-3711

    10 Total Sales

    Victor Meyer
    Section Image

  • G

    Buyer's Agent in 2020

    Greg Garner

    COMPASS

    (253) 279-8000

    6 in this area

    24 Total Sales

    Greg Garner
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1657755

Northwest Multiple Listing Service (NWMLS)

APN: 031920-5020

Washington Pierce County Spanaway 98387

14909 10th Avenue Ct S Unit 14911, Spanaway, WA

This home is located at 14909 10th Avenue Ct S Unit 14911, Spanaway, WA 98387 since 04 September 2020 and is currently estimated at $603,043, approximately $274 per square foot. This property was built in 1987. 14909 10th Avenue Ct S Unit 14911 is a home located in Pierce County with nearby schools including Spanaway Elementary School, Spanaway Middle School, and Spanaway Lake High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) 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 is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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