Listed by Windermere Prof Partners, Bought with BCR LLC
NOT LISTED FOR SALE

1514 198th St E Spanaway, WA 98387

Estimated Value: $478,047 - $483,000

3 Beds
2.5 Baths
1,622 Sq Ft
$297/Sq Ft Est. Value

Last Sold February 18, 2020

Last sale price $332,000 $205 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,945/month

2 Days on Market

Highlights

  • Deck
  • Storm Windows
  • High Speed Internet
  • 2 Car Attached Garage
  • Patio
  • Property is Fully Fenced

About This Home

As of February 2020

Easy living in this clean cute and affordable gem just minutes from JBLM! Tucked back away from traffic and noise this traditional tri-level layout awaits. Enjoy all NEW carpet throughout + laminate kitchen floors. Open layout w/two separate spacious living areas, cozy gas fireplace, and a large light & bright kitchen w/dining area, eating island & plenty of prep space. Master suite w/ private bath, dual vanity & walk in closet. Storage shed + space for hot tub in fully fenced yard. Won't last!

Last Agent to Sell the Property

Marisa Merritt

Windermere Prof Partners License #88718 Listed on: 01/08/2020

Windermere Prof Partners

Last Buyer's Agent

Heather Redal

BCR LLC License #108831

BCR LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1549932

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,998

Year Built

  • Built in 1999

Lot Details

  • 7,380 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • 3-Story Property
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 1,622 Sq Ft Home
  • Gas Fireplace
  • Storm Windows

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Clarewood Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,998

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 13 - Tri-Level
  • Year Built: 1999
  • Inclusions: Dishwasher,RangeOven,Refrigerator
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Three Or More
  • New Construction: No
  • CalculatedSquareFootage: 1622
  • SeniorExemption: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/1549932?w=Consumer&agent=50790
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate, Bath Off Primary, Double Pane/Storm Window, Fireplace
  • Living Area: 1622
  • Bathrooms: 2.5
  • BathsFullMain: 0
  • SquareFootageFinished: 1622
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher,Range/Oven,Refrigerator
  • FireplacesLower: 1

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Construction Type: Brick, Cement Plank, Wood
  • Exterior Features: Brick, Cement Planked, Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Fair
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Partially Fenced
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electricity Available, Natural Gas Connected
  • PowerCompany: TPU and PSE
  • SewerCompany: Pierce County Public Works
  • WaterCompany: Spanaway Water

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No
  • Association Fee: 30

Schools

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

Lot Info

  • Parcel Number: 5001880130
  • Topography: Level
  • Lot Size Acres: 0.1694
  • Lot Size Sq Ft: 7380
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,Gas Available,High Speed Internet,Outbuildings,Patio
  • MLSLotSizeSource: Tax Records
  • MLSSquareFootageSource: Tax Records

Green Features

  • Power Production Type: Electric, Natural Gas

Tax Info

  • Year: 2019
  • Tax Annual Amount: 2998

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2020
Closed on
Feb 13, 2020
Sold by
Sherpa Dawa Dolkar
Bought by
Sherpa Tshering
Seller's Agent
Marisa Merritt
Windermere Prof Partners
Buyer's Agent
Heather Redal
BCR LLC
List Price
$299,900
Sold Price
$332,000
Premium/Discount to List
$32,100
10.7%
Current Estimated Value
$481,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,512
Avg. Annual Appreciation
6.71%
Original Mortgage
$339,636
Interest Rate
3.72%
Mortgage Type
VA

Purchase Details

Listed on
Jan 8, 2020
Closed on
Feb 12, 2020
Sold by
Davis Geoffrey and Davis Judy
Bought by
Sherpa Tshering
Seller's Agent
Marisa Merritt
Windermere Prof Partners
Buyer's Agent
Heather Redal
BCR LLC
List Price
$299,900
Sold Price
$332,000
Premium/Discount to List
$32,100
10.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,636
Interest Rate
3.72%
Mortgage Type
VA

Purchase Details

Listed on
Sep 13, 2017
Closed on
Oct 11, 2017
Sold by
Sotelo James and Sotelo Analyn R
Bought by
Davis Geoffrey and Davis Judy
Seller's Agent
Danny Tseng
Redfin
Buyer's Agent
Marisa Merritt
Windermere Prof Partners
List Price
$245,000
Sold Price
$245,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.06%
Original Mortgage
$253,085
Interest Rate
3.78%
Mortgage Type
VA

Purchase Details

Closed on
Aug 18, 2008
Sold by
Stewart Harry M and Stewart Susan I
Bought by
Sotelo James and Sotelo Analyn R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,923
Interest Rate
6.37%
Mortgage Type
VA

Purchase Details

Closed on
Jun 6, 2005
Sold by
Nieves Perez Jose A
Bought by
Stewart Harry Michael and Stewart Susan Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,150
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 25, 1999
Sold by
D N Woodside Development Co Inc
Bought by
Nieves Perez Jose A and Driver Nieves Delonda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,650
Interest Rate
6.78%
Mortgage Type
VA
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
Sherpa Tshering -- Wfg Natl Ttl Co Of Wa Llc
Sherpa Tshering $332,000 Wfg National Title
Davis Geoffrey $244,719 F A T C O
Sotelo James $229,000 Rainier
Stewart Harry Michael $213,500 First American Title Ins Co
Nieves Perez Jose A $136,649 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherpa Tshering $339,636
Previous Owner Davis Geoffrey $253,085
Previous Owner Sotelo James $233,923
Previous Owner Stewart Harry Michael $192,150
Previous Owner Nieves Perez Jose A $136,650
Closed Stewart Harry Michael $21,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2020 02/18/20 Sold $332,000 +10.7% $205 / Sq Ft
01/10/2020 01/10/20 Pending -- -- --
01/08/2020 01/08/20 For Sale $299,900 +22.4% $185 / Sq Ft
10/27/2017 10/27/17 Sold $245,000 0.0% $151 / Sq Ft
09/15/2017 09/15/17 Pending -- -- --
09/13/2017 09/13/17 For Sale $245,000 -- $151 / 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 $4,699 $427,800 $163,700 $264,100
2024 $4,699 $420,300 $158,900 $261,400
2023 $4,699 $400,600 $163,700 $236,900
2022 $4,438 $412,800 $155,300 $257,500
2021 $4,036 $284,400 $96,100 $188,300
2019 $2,998 $258,700 $83,800 $174,900
2018 $3,448 $244,600 $76,000 $168,600
2017 $3,112 $220,700 $67,000 $153,700
2016 $2,714 $169,900 $51,200 $118,700
2014 $2,510 $159,500 $49,200 $110,300
2013 $2,510 $152,200 $44,700 $107,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1549932

Northwest Multiple Listing Service (NWMLS)

APN: 500188-0130