Listed by COMPASS, Bought with Terry Wise & Associates
NOT LISTED FOR SALE

16407 Spanaway Loop Rd S Spanaway, WA 98387

Estimated Value: $674,000 - $703,000

3 Beds
2 Baths
1,608 Sq Ft
$430/Sq Ft Est. Value

Last Sold January 16, 2020

Last sale price $450,000 $280 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,267/month

21 Days on Market

Highlights

  • Barn
  • Spa
  • 7.69 Acre Lot
  • Stables
  • RV Access or Parking
  • Fruit Trees

About This Home

As of January 2020

Here is an excellent opportunity to own nearly 8 acres with spectacular Mt Rainier views. Not only a desirable Panabode log home with 11ft ceilings, but in 2013 a preliminary plat was approved for five residential sites of 12,500sqft or more. Engineering and design work was completed & approved. Detached 2 stall shop w two rooms above. Covered RV parking. The location is exceptional. Ideal for a quiet residential lifestyle or take advantage of this once pre-approved development opportunity.

Last Agent to Sell the Property

Mike Rankin

COMPASS License #27624 Listed on: 11/15/2019

COMPASS

Co-Listed By

Melissa Jacobs

COMPASS License #130803

Last Buyer's Agent

Cari Dinelt

Terry Wise & Associates License #73649

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1541632

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,191

Year Built

  • Built in 1962

Lot Details

  • 7.69 Acre Lot
  • Open Space
  • Property is Fully Fenced
  • Secluded Lot
  • Level Lot
  • Fruit Trees
  • Garden
  • Value in Land
  • Property is in average condition

Property Views

  • Mountain
  • Territorial

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,608 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • Dining Room
  • Storm Windows

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Slate Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Spa Bath

Parking

  • 2 Parking Spaces
  • Carport
  • RV Access or Parking

Outdoor Features

  • Spa
  • Gazebo
  • Outbuilding

Additional Homes

  • ADU includes 1 Bedroom

Location

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

Schools

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

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Stables

Utilities

  • Water Heater
  • Septic Tank
  • Septic System

Community Details

  • Spanaway Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0319292126

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,191

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 10 - 1 Story
  • Year Built: 1962
  • Inclusions: Dishwasher,Microwave,RangeOven,Refrigerator
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 2858
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Private Spa: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Laminate, Slate, Carpet
  • Interior Amenities: Laminate, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Hot Tub/Spa, Skylight(s), Water Heater
  • Living Area: 1608
  • Main Level Bedrooms: 3
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 1608
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Microwave,Range/Oven,Refrigerator
  • ADUBeds: 1

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Territorial
  • Lot Features: Open Space, Secluded, Value In Land
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Partially Fenced
  • Utilities: Septic System, Electricity Available
  • PowerCompany: Elmhurst
  • WaterCompany: Spanaway Water
  • WaterHeaterLocation: Utility Room
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Parcel Number: 0319292126
  • Topography: Equestrian,Level,PartialSlope,Terraces
  • Lot Size Acres: 7.69
  • Lot Size Sq Ft: 334976
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Barn,Cabana/Gazebo,Fenced-Fully,Hot Tub/Spa,Outbuildings,RV Parking,Shop,Stable
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: tax records
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2019
  • Tax Annual Amount: 4191

MLS Schools

  • Elementary School: Spanaway Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2019
Closed on
Jan 15, 2020
Sold by
Rodriguez Hildo
Bought by
Rodriguez Brandi
Seller's Agent
Mike Rankin
COMPASS
Buyer's Agent
Cari Dinelt
Terry Wise & Associates
List Price
$549,000
Sold Price
$450,000
Premium/Discount to List
-$99,000
-18.03%
Current Estimated Value
$691,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,277
Avg. Annual Appreciation
7.77%
Original Mortgage
$427,500
Outstanding Balance
$377,713
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$313,564

Purchase Details

Listed on
Nov 15, 2019
Closed on
Jan 3, 2020
Sold by
Raye Allen
Bought by
Rodriguez Brandi
Seller's Agent
Mike Rankin
COMPASS
Buyer's Agent
Cari Dinelt
Terry Wise & Associates
List Price
$549,000
Sold Price
$450,000
Premium/Discount to List
-$99,000
-18.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Outstanding Balance
$377,713
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$313,564

Purchase Details

Listed on
Apr 6, 2013
Closed on
Sep 12, 2013
Sold by
Mayor Donald L and Mayor Donna J
Bought by
Raye Allen
Seller's Agent
Chris Nye
Nye Realty
Buyer's Agent
Shannon Mairs
Better Properties Summit
List Price
$299,000
Sold Price
$299,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.66%
Original Mortgage
$308,867
Interest Rate
4.36%
Mortgage Type
VA

Purchase Details

Closed on
Mar 12, 2012
Sold by
Mayor Donald L and Mayor Donna
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
Rodriguez Brandi -- Fidelity National Title
Rodriguez Brandi $450,000 Fidelity National Title
Raye Allen $299,000 Old Republic Title Ltd
Pierce County -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Brandi $427,500
Previous Owner Raye Allen $308,867
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/16/2020 01/16/20 Sold $450,000 -9.1% $280 / Sq Ft
12/06/2019 12/06/19 Pending -- -- --
12/03/2019 12/03/19 Price Changed $495,000 -9.8% $308 / Sq Ft
11/15/2019 11/15/19 For Sale $549,000 +83.6% $341 / Sq Ft
09/16/2013 09/16/13 Sold $299,000 0.0% $186 / Sq Ft View Prior Sale
07/18/2013 07/18/13 Pending -- -- --
04/06/2013 04/06/13 For Sale $299,000 -- $186 / 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 $7,222 $633,000 $413,700 $219,300
2024 $7,222 $615,400 $394,700 $220,700
2023 $7,222 $631,100 $384,700 $246,400
2022 $6,864 $638,800 $384,700 $254,100
2021 $5,933 $426,600 $223,000 $203,600
2019 $4,191 $381,800 $189,100 $192,700
2018 $4,616 $348,800 $169,500 $179,300
2017 $4,089 $299,200 $142,100 $157,100
2016 $3,467 $227,300 $108,200 $119,100
2014 $3,008 $206,300 $97,700 $108,600
2013 $3,008 $186,200 $85,500 $100,700
Source: Public Records

Agents Affiliated with this Home

  • Mike Rankin

    Seller's Agent in 2020

    Mike Rankin

    COMPASS

    (253) 376-0777

    2 in this area

    133 Total Sales

    Mike Rankin
    Section Image
  • Melissa Jacobs

    Seller Co-Listing Agent in 2020

    Melissa Jacobs

    COMPASS

    (425) 830-1341

    38 Total Sales

    Melissa Jacobs
    Section Image
  • Cari Dinelt

    Buyer's Agent in 2020

    Cari Dinelt

    Terry Wise & Associates

    (253) 370-6861

    1 in this area

    55 Total Sales

    Cari Dinelt
    Section Image

  • C

    Seller's Agent in 2013

    Chris Nye

    Nye Realty

    Section Image
  • Shannon Mairs

    Buyer's Agent in 2013

    Shannon Mairs

    Better Properties Summit

    (253) 606-7218

    66 Total Sales

    Shannon Mairs
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1541632

Northwest Multiple Listing Service (NWMLS)

APN: 031929-2126

Washington Pierce County Spanaway 98387

16407 Spanaway Loop Rd S, Spanaway, WA

This home is located at 16407 Spanaway Loop Rd S, Spanaway, WA 98387 since 15 November 2019 and is currently estimated at $691,277, approximately $429 per square foot. This property was built in 1962. 16407 Spanaway Loop Rd S is a home located in Pierce County with nearby schools including Spanaway Elementary School, Spanaway Middle School, and Spanaway Lake High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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