NOT LISTED FOR SALE

1507 198th St E Spanaway, WA 98387

Estimated Value: $425,000 - $457,563

3 Beds
2 Baths
1,248 Sq Ft
$355/Sq Ft Est. Value

Last Sold May 24, 2019

Last sale price $288,501 $231 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,855/month

5 Days on Market

Highlights

  • Craftsman Architecture
  • 1 Fireplace
  • Attached Garage
  • Territorial View
  • Corner Lot
  • Patio

About This Home

As of May 2019

Attention homebuyers & investors, you can't go wrong with this one. Conveniently located near JBLM and shopping. New 30yr roof installed 4/19 & new gas furnace 11/18. Vaulted ceilings with gas fireplace in the living room, Master bathroom. Fully fenced for pets & play with 8 x 12 storage shed. This home is move-in ready. All appliances stay. Low HOA dues. 1 year hm warranty included.

Last Agent to Sell the Property

Dale Flaten

Blue Emerald Real Estate Co. License #52187 Listed on: 04/26/2019

Last Buyer's Agent

Tyler McColm

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1445051

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,506

Year Built

  • Built in 1998

Lot Details

  • Property is Fully Fenced
  • Corner Lot
  • Level Lot
  • Garden
  • Property is zoned SF

Parking

  • Attached Garage

Home Design

  • Craftsman Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1 Fireplace
  • Territorial Views

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Outbuilding

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Spanaway Community
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 5001880260

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,506

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Architecture: Craftsman
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, Vaulted Ceilings
  • Floor Covering: Ceramic Tile, Laminate, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 1248
  • Square Footage Finished: 1248

Exterior Features

  • Exterior: Wood, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: Pierce County
  • Water Company: Spanaway Water
  • Water Heater: garage-gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 27
  • Community Name: Spanaway
  • Project: Clarewood Ph 2A
  • Community Features: CCRs

Schools

  • Elementary School: Camas Prairie Elem
  • Middle School: Cedarcrest Jnr High
  • High School: Spanaway Lake High
  • School District: BTH

Lot Info

  • Lot Number: 26
  • Lot Details: Corner Lot, Curbs, Paved Street, Sidewalk
  • Lot Dimensions: 89x126
  • Lot Sq Ft: 11430
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 5001880260
  • Zoning Code: SF
  • Zoning Jurisdiction: County
  • Lot Topography: Garden Space, Level

Tax Info

  • Tax Amount: 2775

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2019
Closed on
May 17, 2019
Sold by
Schlagel Keith and Schlagel Viktoriya
Bought by
Mcabee Judith M and Irwin Mitchell F
Seller's Agent
Dale Flaten
Blue Emerald Real Estate Co.
Buyer's Agent
Tyler McColm
Redfin
List Price
$265,000
Sold Price
$288,501
Premium/Discount to List
$23,501
8.87%
Total Days on Market
5
Current Estimated Value
$443,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,890
Avg. Annual Appreciation
7.32%

Purchase Details

Closed on
Jun 20, 2011
Sold by
Demorato Angela
Bought by
Schlagel Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,780
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 22, 2008
Sold by
Demorato Angela
Bought by
Soi 1507 Spanaway / Demorato Llc

Purchase Details

Closed on
Jun 25, 2007
Sold by
Atkins Jonathan J and Atkins Danielle M
Bought by
Demorato Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,360
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 2005
Sold by
Anthony Joshua B
Bought by
Atkins Jonathon J and Atkins Danielle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,248
Interest Rate
5.61%
Mortgage Type
VA

Purchase Details

Closed on
Jan 14, 2005
Sold by
Barber Robert E
Bought by
Anthony Joshua B and Anthony Dayna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,762
Interest Rate
5.69%
Mortgage Type
VA

Purchase Details

Closed on
Mar 18, 1998
Sold by
D N Woodside Development Co Inc
Bought by
Barber Robert E and Barber Angela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,315
Interest Rate
7.06%
Mortgage Type
FHA
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
Mcabee Judith M $288,501 First American Title Ins Co
Schlagel Keith $127,000 Northpoint Escrow & Title Ll
Soi 1507 Spanaway / Demorato Llc -- Fatco
Demorato Angela $237,950 First American Title Ins Co
Atkins Jonathon J $199,950 Transnation Title
Anthony Joshua B $175,000 Lawyers Title
Barber Robert E $112,950 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schlagel Keith $123,780
Previous Owner Demorato Angela $190,360
Previous Owner Demorato Angela $47,590
Previous Owner Atkins Jonathon J $204,248
Previous Owner Anthony Joshua B $178,762
Previous Owner Barber Robert E $112,315
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2019 05/24/19 Sold $288,501 +8.9% $231 / Sq Ft
05/01/2019 05/01/19 Pending -- -- --
04/26/2019 04/26/19 For Sale $265,000 -- $212 / 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 $4,506 $401,000 $173,500 $227,500
2023 $4,506 $385,100 $178,800 $206,300
2022 $4,229 $393,900 $169,600 $224,300
2021 $3,737 $262,700 $103,400 $159,300
2019 $2,775 $239,700 $90,100 $149,600
2018 $3,168 $225,800 $81,700 $144,100
2017 $2,868 $202,100 $72,100 $130,000
2016 $2,540 $159,700 $55,400 $104,300
2014 $2,407 $149,100 $53,200 $95,900
2013 $2,407 $142,800 $48,400 $94,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1445051

Northwest Multiple Listing Service (NWMLS)

APN: 500188-0260