Listed by CENTURY 21 Real Estate Center, Bought with PNW Towns and Sound
NOT LISTED FOR SALE

16126 Park Ave S Spanaway, WA 98387

-- Bed
-- Bath
5,005 Sq Ft
0.51 Acres

Last Sold March 13, 2015

Last sale price $200,000 $40 Per Sq Ft

162 Days on Market

Highlights

  • 0.51 Acre Lot
  • Patio
  • Wall to Wall Carpet
  • Corner Lot
  • Property is Fully Fenced
  • 1-Story Property

About This Home

As of March 2015

Great Corner location on Park Ave So and 162nd about 1 block from Spanaway Lake. Apx 150 ft frontage on both 162nd & Park Av. May have a view if build higher. 1/2 acre zoned NC. Property includes 2 tax parcels:Warehouse;Storage yd on one & Residential home & Beauty salon on other. Warehouse has office & 1/2 bth. Great site for development and owner user.

Last Agent to Sell the Property

Hellen Schmid

CENTURY 21 Real Estate Center License #7017 Listed on: 11/26/2013

CENTURY 21 Real Estate Center

Co-Listed By

Korey Pisha

Skyline Properties, Inc. License #108985

Last Buyer's Agent

Mike Metcalf

PNW Towns and Sound License #13265

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 693763

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 150 x150
  • Property is Fully Fenced
  • Corner Lot

Home Design

  • Triplex

Interior Spaces

  • 5,005 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Outdoor Features

  • Patio

Utilities

  • Septic Tank
  • Septic System

Community Details

  • Lake Park Condos
  • Spanaway Lake Subdivision

Listing and Financial Details

  • Legal Lot and Block 1-6 / 62
  • Assessor Parcel Number 5025005540

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1960
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Lake Park
  • New Construction: No
  • CalculatedSquareFootage: 5005
  • Special Features: None

Interior Features

  • Possible Use: Commercial, Industrial, Multi-Family, Office, Residential, Retail
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: See Remarks
  • Lot Features: Alley, Corner Lot, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: See Remarks
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Natural Gas Available, Septic System, Electric, Natural Gas Connected
  • PowerCompany: Elmhurst Mutual Power and Light
  • SewerCompany: Septic
  • WaterCompany: Spanaway Water Co.
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Bethel

Lot Info

  • Parcel Number: 5025005540
  • Lot Size Acres: 0.51
  • Lot Size: 150 X150
  • Lot Size Sq Ft: 22216
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,Gas Available,Patio
  • MLSLotSizeSource: Metroscan
  • ZoningJurisdiction: County
  • ZoningClass: Commercial,Industrial,Multi-Family,Office,Residential,Retail
  • LotNumber: 1-6

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10
  • LeasedItems: None
  • TotalMonthlyIncome: 2200

Multi Family

  • Gross Scheduled Income: 26400
  • Net Operating Income: 16780
  • Number Of Units Total: 3
  • Leasable Area: 2005
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2014
  • Tax Annual Amount: 5193

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2013
Closed on
Mar 12, 2015
Sold by
Chadwick Eldon E and Mackey Carol L
Bought by
Jomar Llc
Seller's Agent
Hellen Schmid
CENTURY 21 Real Estate Center
Buyer's Agent
Mike Metcalf
PNW Towns and Sound
List Price
$254,950
Sold Price
$200,000
Premium/Discount to List
-$54,950
-21.55%

Purchase Details

Closed on
Sep 21, 2011
Sold by
Cramer Charlie I
Bought by
Chadwick Eldon E and Mackey Carol L

Purchase Details

Closed on
Nov 10, 2009
Sold by
Chadwick Eldon E and Mackey Carol L
Bought by
Cramor Charlie I
Source: Public Records

Range of Values:

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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
Jomar Llc $199,719 First American Title Ins Co
Chadwick Eldon E -- None Available
Cramor Charlie I $325,000 Chicago Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2015 03/13/15 Sold $200,000 -21.6% $40 / Sq Ft
02/20/2015 02/20/15 Pending -- -- --
09/10/2014 09/10/14 For Sale $254,950 -- $51 / 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 $4,809 $314,400 $119,100 $195,300
2024 $4,809 $314,400 $108,200 $206,200
2023 $4,809 $314,400 $108,200 $206,200
2022 $2,278 $285,800 $108,200 $177,600
2021 $2,250 $83,700 $45,300 $38,400
2019 $1,818 $77,300 $41,000 $36,300
2018 $1,820 $70,200 $39,000 $31,200
2017 $1,656 $58,500 $39,000 $19,500
2016 $1,659 $55,400 $45,600 $9,800
2014 $1,762 $55,400 $45,600 $9,800
2013 $1,762 $55,400 $45,600 $9,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 693763

Northwest Multiple Listing Service (NWMLS)

APN: 502500-5530