Listed by CENTURY 21 North Homes Realty, Bought with Keller Williams Rty Tacoma
NOT LISTED FOR SALE

1613 198th Street Ct E Spanaway, WA 98387

Estimated Value: $510,000 - $555,870

5 Beds
3 Baths
2,380 Sq Ft
$225/Sq Ft Est. Value

Last Sold February 01, 2022

Last sale price $522,000 $219 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,315/month

Highlights

  • Deck
  • Territorial View
  • 2 Fireplaces
  • Property is near public transit
  • Vaulted Ceiling
  • Cul-De-Sac

About This Home

As of February 2022

Beautiful 5 bedroom, 3 bath Split-Level home in the Olympic View community. Home has been extremely well maintained and several updates have been installed: new stainless fridge, sinks, faucets, high efficiency furnace, tankless water heater, security system, outlets and a brand new transferrable lifetime roof. Extra wide entry leads to spacious rooms upstairs. Vaulted ceilings upstairs. Master bedroom has walk-in closet & 5 piece master bath. Bonus room & 4 bedrooms have ceiling fans to stay cool. Large family room has gas fireplace upstairs and bonus room downstairs has pellet stove. Spacious kitchen leads to deck upstairs and French doors downstairs lead to patio and good sized yard with shed and large fire pit. Garage has 220v outlet.

Last Agent to Sell the Property

Lori Allen

CENTURY 21 North Homes Realty License #5301 Listed on: 12/15/2021

CENTURY 21 North Homes Realty

Last Buyer's Agent

Jeremy Logar

Keller Williams Rty Tacoma License #122758

Keller Williams Rty Tacoma

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1872485

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,828

Year Built

  • Built in 2003

Lot Details

  • 5,500 Sq Ft Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Property is Fully Fenced
  • Level Lot
  • Property is in very good condition

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Split Foyer
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 2,380 Sq Ft Home
  • Multi-Level Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • French Doors
  • Dining Room
  • Territorial Views

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

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

Bedrooms and Bathrooms

  • Walk-In Closet

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near public transit
  • Property is near a bus stop

Utilities

  • Generator Hookup
  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5002910640

Community Details

Overview

  • Tony Association
  • Secondary HOA Phone (253) 224-1737
  • Spanaway Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,828

Year Built

Built in 2003

Lot Details

0

HOA Fees

$21 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 14 - Split Entry
  • Year Built: 2003
  • Inclusions: Dishwasher,GarbageDisposal,Microwave,Refrigerator,StoveRange,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Olympic View
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 2380
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Fireplaces: 2
  • Basement: None
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Stove/Range
  • Full Bathrooms: 3
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate, Vinyl, Carpet
  • Interior Amenities: High Efficiency - 90%+, Forced Air, Tankless Water Heater, Ceramic Tile, Laminate, Wall to Wall Carpet, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, French Doors, Security System, Vaulted Ceiling(s), Walk-In Closet(s), Wired for Generator, Water Heater
  • Living Area: 2380
  • Bathrooms: 3
  • BathsFullMain: 0
  • SquareFootageFinished: 2380
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 2
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher,Garbage Disposal,Microwave,Refrigerator,Stove/Range
  • FireplacesLower: 1
  • FireplacesUpper: 1

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Cul-De-Sac, Curbs, Dead End Street, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electricity Available, Natural Gas Connected, Pellet, Common Area Maintenance
  • HeatingCoolingType: 90%+ High Efficiency,Forced Air,Tankless Water Heater
  • PowerCompany: TPU/PSE
  • SewerCompany: Pierce County Sewer
  • WaterCompany: Spanaway Water
  • WaterHeaterLocation: garage
  • WaterHeaterType: Tankless
  • CableConnected: Xfinity
  • InternetConnected: Xfinity or Century Link

Condo/Co-op/Association

  • Community Features: CCRs, Park
  • Senior Community: No
  • Association Fee: 250
  • Association Fee Frequency: Annually
  • Phone: 253-224-1737
  • Association: Yes
  • AssociationContactName: Tony

Schools

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

Lot Info

  • Parcel Number: 5002910640
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.1263
  • Lot Size Sq Ft: 5500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: County Records
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: County

Green Features

  • Efficiency: High Efficiency - 90%+
  • Power Production Type: Electric, Natural Gas, Pellet

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021
  • Tax Annual Amount: 4828

Multi Family

  • EnergySource: Electric,Natural Gas,Pellet

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2021
Closed on
Jan 13, 2022
Sold by
Eugene Matthews Timothy and Eugene Tanya
Bought by
Smith Michael Sean and Smith Cassandra
Seller's Agent
Lori Allen
CENTURY 21 North Homes Realty
Buyer's Agent
Jeremy Logar
Keller Williams Rty Tacoma
List Price
$525,000
Sold Price
$522,000
Premium/Discount to List
-$3,000
-0.57%
Current Estimated Value
$535,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,718
Avg. Annual Appreciation
1.05%
Original Mortgage
$522,000
Outstanding Balance
$483,710
Interest Rate
3.22%
Mortgage Type
VA
Estimated Equity
$58,554

Purchase Details

Listed on
Dec 19, 2013
Closed on
Apr 27, 2015
Sold by
Monroe Jason L and Monroe Anna M
Bought by
Matthews Timothy Eugene and Matthews Tanya
Seller's Agent
Todd Colvin
eXp Realty
Buyer's Agent
Lori Allen
CENTURY 21 North Homes Realty
List Price
$254,950
Sold Price
$241,250
Premium/Discount to List
-$13,700
-5.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.10%
Original Mortgage
$236,880
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 13, 2007
Sold by
Pharis Harold B and Pharis Carla M
Bought by
Monroe Jason L and Monroe Anna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,500
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 2003
Sold by
Sound Built Homes Inc
Bought by
Pharis Harold B and Pharis Carla M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,900
Interest Rate
5.97%
Mortgage Type
VA

Purchase Details

Closed on
Nov 13, 2002
Sold by
Tower Hill Project Llc
Bought by
Soundbuilt Homes and Sunridge Homes
Source: Public Records

Range of Values:

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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
Smith Michael Sean $521,719 Fidelity National Title
Matthews Timothy Eugene $240,969 Ticor
Monroe Jason L $265,000 Trans
Pharis Harold B $197,950 First American Title Ins Co
Soundbuilt Homes $2,401,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Michael Sean $522,000
Previous Owner Matthews Timothy Eugene $236,880
Previous Owner Monroe Jason L $238,500
Previous Owner Pharis Harold B $201,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2022 02/01/22 Sold $522,000 +1.4% $219 / Sq Ft
12/29/2021 12/29/21 Pending -- -- --
12/23/2021 12/23/21 Price Changed $515,000 -1.9% $216 / Sq Ft
12/15/2021 12/15/21 For Sale $525,000 +117.6% $221 / Sq Ft
04/30/2015 04/30/15 Sold $241,250 +1.6% $101 / Sq Ft
03/20/2015 03/20/15 Pending -- -- --
03/11/2015 03/11/15 Price Changed $237,500 +1.1% $100 / Sq Ft
09/30/2014 09/30/14 Price Changed $235,000 -2.1% $99 / Sq Ft
04/24/2014 04/24/14 Price Changed $239,950 -4.0% $101 / Sq Ft
01/18/2014 01/18/14 Price Changed $249,950 -2.0% $105 / Sq Ft
12/19/2013 12/19/13 For Sale $254,950 -- $107 / 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 $5,431 $500,100 $155,200 $344,900
2024 $5,431 $491,400 $150,700 $340,700
2023 $5,431 $464,300 $155,200 $309,100
2022 $5,175 $483,300 $147,200 $336,100
2021 $4,829 $342,700 $97,500 $245,200
2019 $3,626 $312,800 $85,000 $227,800
2018 $4,154 $298,900 $77,100 $221,800
2017 $3,758 $268,100 $68,000 $200,100
2016 $3,431 $219,900 $51,900 $168,000
2014 $3,034 $204,400 $49,900 $154,500
2013 $3,034 $185,600 $43,000 $142,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1872485

Northwest Multiple Listing Service (NWMLS)

APN: 500291-0640