Listed by All Real Estate Solution, Bought with COMPASS
NOT LISTED FOR SALE

16211 Spanaway Lp Rd S Unit 16213 Spanaway, WA 98387

Estimated Value: $402,000 - $542,000

4 Beds
2 Baths
1,680 Sq Ft
$293/Sq Ft Est. Value

Last Sold January 03, 2017

Last sale price $200,000 $119 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $3,038/month

65 Days on Market

Highlights

  • Territorial View
  • Wall to Wall Carpet
  • 1-Story Property

About This Home

As of January 2017

Easy to maintain and never empty! Clean 2 bedroom one story duplex features full bath and oversized garage for parking and storage. Low down FHA and $-0- down VA financing is available for the owner occupant. Live in one and rent the other is a great strategy! Easy access to JBLM, Highway 512, I-5 Freeway, Spanaway Lake, Park, and golf course.

Last Agent to Sell the Property

Dan Dodge

All Real Estate Solution License #6223 Listed on: 05/27/2016

Co-Listed By

Marcia Bentz

All Real Estate Solution License #16647

Last Buyer's Agent

Laurie Blinsmon

COMPASS License #122581

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 950692

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,195

Year Built

  • Built in 1968

Lot Details

  • 10,358 Sq Ft Lot
  • Lot Dimensions are 105x99x105x100
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,680 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

  • Spanaway Elementary School
  • Spanaway Jnr High Middle School
  • Spanaway Lake High School

Utilities

  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • Spanaway Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0319292076

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,195

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1968
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1680
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Septic System, Electric
  • PowerCompany: Tacoma
  • SewerCompany: Septic
  • WaterCompany: Spanaway
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Bethel
  • High School: Spanaway Lake High
  • Middle Or Junior School: Spanaway Jnr High

Lot Info

  • Parcel Number: 0319292076
  • Lot Size Acres: 0.2378
  • Lot Size: 105x99x105x100
  • Lot Size Sq Ft: 10358
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: County
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 1500

Multi Family

  • Gross Scheduled Income: 18000
  • Net Operating Income: 12601
  • Number Of Units Total: 2
  • Insurance Expense: 1064
  • Leasable Area: 1680
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2016
  • Tax Annual Amount: 3195

MLS Schools

  • Elementary School: Spanaway Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2016
Closed on
Dec 27, 2016
Sold by
Woods Annalise P and Woods James D
Bought by
Woods James D
Seller's Agent
Dan Dodge
All Real Estate Solution
Buyer's Agent
Laurie Blinsmon
COMPASS
List Price
$209,950
Sold Price
$200,000
Premium/Discount to List
-$9,950
-4.74%
Current Estimated Value
$491,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,608
Avg. Annual Appreciation
10.79%
Original Mortgage
$193,000
Outstanding Balance
$160,172
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$331,436

Purchase Details

Closed on
Apr 28, 2003
Sold by
Loete Steve
Bought by
Spanaway Loop Llc

Purchase Details

Closed on
Jan 14, 1998
Sold by
Loete Lawrence D
Bought by
Loete Steven D

Purchase Details

Closed on
May 31, 1996
Sold by
Loete Donald Kenneth
Bought by
Pierce County
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
Woods James D -- Attorneys Title Of Wa Inc
Woods James D $199,719 Attorneys Title
Spanaway Loop Llc -- --
Loete Steven D -- --
Pierce County -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woods James D $193,000
Closed Woods James D $193,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2017 01/03/17 Sold $200,000 -4.7% $119 / Sq Ft
08/01/2016 08/01/16 Pending -- -- --
06/19/2016 06/19/16 For Sale $209,950 0.0% $125 / Sq Ft
05/30/2016 05/30/16 Pending -- -- --
05/27/2016 05/27/16 For Sale $209,950 -- $125 / 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 $5,184 $440,700 $186,100 $254,600
2024 $5,184 $451,500 $177,500 $274,000
2023 $5,184 $439,200 $169,600 $269,600
2022 $4,901 $462,000 $169,600 $292,400
2021 $4,441 $310,700 $98,300 $212,400
2019 $3,160 $264,900 $83,400 $181,500
2018 $3,428 $254,000 $74,700 $179,300
2017 $3,101 $215,100 $62,700 $152,400
2016 $2,862 $190,200 $47,700 $142,500
2014 $2,290 $166,000 $46,800 $119,200
2013 $2,290 $142,700 $40,900 $101,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 950692

Northwest Multiple Listing Service (NWMLS)

APN: 031929-2076