Listed by eXp Realty, Bought with Coldwell Banker Bain
NOT LISTED FOR SALE

16502 8th Ave E Unit 16 Spanaway, WA 98387

Estimated Value: $641,000 - $691,000

4 Beds
2.5 Baths
2,482 Sq Ft
$265/Sq Ft Est. Value

Last Sold July 18, 2024

Last sale price $636,950 $257 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,630/month

113 Days on Market

Highlights

  • New Construction
  • 3 Car Attached Garage
  • Community Playground
  • Traditional Architecture
  • Walk-In Closet
  • Bathroom on Main Level

About This Home

As of July 2024

The Landing at Spanaway Lake, By Soundbuilt Homes. SqFt 2385 to 3421. 4-5 bedroom plans, 2 homes with main floor mini suite, main floor primary bdr, dens & bonus rooms, 2-4 car garages. Great features include granite or quartz counters, stainless steel appliances & 5 piece primary bath. AC ON ALL HOMES! On lot 24 you will find the 3 car garage Blossom Plan. The main floor great room is open to the spacious kitchen w/ eating island & covered rear porch. The upstairs primary bedroom w/ a 5 pc bath is accompanied by 3 more bedrooms, laundry up & full bathroom. $19K BUYER BONUS WITH PREFERRED LENDER! Reg Policy: Brokers must register buyers prior to or within 24 hours of 1st visit.

Last Agent to Sell the Property

VonKarl Inman

eXp Realty License #24749 Listed on: 03/01/2024

eXp Realty

Co-Listed By

Ryan Sand

eXp Realty License #114673

Last Buyer's Agent

Stephanie Callen

Coldwell Banker Bain License #81856

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2205552

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,427

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 4,750 Sq Ft Lot
  • West Facing Home
  • Property is in very good condition

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 2,482 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Water Heater

Listing and Financial Details

Community Details

Overview

  • J&M Management Association
  • Secondary HOA Phone (253) 848-1947
  • Built by Soundbuilt Homes, LLC
  • Spanaway Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,427

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$42 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 2024
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwashers,Microwaves,StovesRanges
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Traditional
  • Building Name: The Landing at Spanaway Lake
  • Unit Levels: Two
  • New Construction: Yes
  • CalculatedSquareFootage: 2482
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • EstimatedCompletionDate: 2024-06-28
  • NewConstruction: Under Construction
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2205552?w=Consumer&agent=53156
  • Special Features: NewHome

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher(s), Microwave(s), Stove(s)/Range(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate, Wall to Wall Carpet, Bath Off Primary, Walk-In Closet(s), Fireplace, Water Heater
  • Living Area: 2482
  • Main Level Bathrooms: 1
  • Bathrooms: 2.5
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 2482
  • 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: 4
  • AppliancesIncluded: Dishwasher(s),Microwave(s),Stove(s)/Range(s)
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Builder Name: Soundbuilt Homes, LLC
  • Direction Faces: West
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump
  • Heating Yn: Yes
  • PowerCompany: Elmhurst Mutual Power
  • SewerCompany: Spanaway Water Company
  • WaterCompany: Spanaway Water Company
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Electric - Heat Pump

Condo/Co-op/Association

  • Community Features: CCRs, Playground
  • Senior Community: No
  • Association Fee: 42
  • Association Fee Frequency: Monthly
  • Phone: 253-848-1947
  • Association: Yes
  • Common Interest: Residential
  • AssociationContactName: J&M Management

Schools

  • Junior High Dist: Bethel

Lot Info

  • Parcel Number: 5005180160
  • Land Lease: No
  • Lot Size Acres: 0.109
  • Lot Size Sq Ft: 4750
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Gas Available
  • MLSLotSizeSource: Site Plans
  • MLSSquareFootageSource: Builder Plans
  • LotNumber: 16

Green Features

  • Power Production Type: Electric, Natural Gas

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1

Multi Family

  • EnergySource: Electric,Natural Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
Jul 10, 2024
Sold by
Soundbuilt Homes Llc
Bought by
Cummins William Ralph and Cummins Wendy Anne
Seller's Agent
VonKarl Inman
eXp Realty
Buyer's Agent
Stephanie Callen
Coldwell Banker Bain
List Price
$636,950
Sold Price
$636,950
Views
17
Current Estimated Value
$656,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,006
Avg. Annual Appreciation
3.40%
Original Mortgage
$626,369
Outstanding Balance
$619,994
Interest Rate
6.99%
Mortgage Type
FHA
Estimated Equity
$42,790
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
Cummins William Ralph $637,925 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cummins William Ralph $626,369
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2024 07/18/24 Sold $636,950 0.0% $257 / Sq Ft
06/22/2024 06/22/24 Pending -- -- --
03/01/2024 03/01/24 For Sale $636,950 -- $257 / 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 $1,427 $582,900 $168,700 $414,200
2024 $1,427 $126,900 $126,900 --
2023 $1,427 $134,900 $134,900 $0
2022 $111 $134,900 $134,900 $0
2021 $111 $8,400 $8,400 --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2205552

Northwest Multiple Listing Service (NWMLS)

APN: 500518-0160