Keegan Burmark
Adelbern Real Estate LLC
(253) 683-7554
71 Total Sales
1 in Spanaway
$479,000 Price
16515 B St E Spanaway, WA 98387
Spanaway AreaEstimated Value: $691,000
4
Beds
4
Baths
24,608
Sq Ft
$28/Sq Ft
Est. Value
Highlights
- 4.71 Acre Lot
- Patio
- Wood Siding
- Territorial View
- High Speed Internet
- Wall to Wall Carpet
About This Home
As of March 2018Amazing investment opportunity in the heart of Spanaway. This property consists of 10 4plexes on individual parcels - composed of 40 units, a storage building, laundry facility, & 66 parking spaces. Units are made up of 24 1Bed/1Bath at540 sq/ft & 16 2Bed/1Bath at 728 sq/ft. 20 of 40 units newly renovated w carpet, vinyl flooring, appliances, & stainless steel fixtures. Unit features include stove/range, refrigerator, individual hot water tanks, double pane windows, & private patios w/ storage.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1221610
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $38,564
Year Built
- Built in 1971
Lot Details
- 4.71
Parking
- Open Parking
Home Design
- Composition Roof
- Wood Siding
- Vinyl Construction Material
- Wood Composite
Interior Spaces
- 24,608 Sq Ft Home
- 2-Story Property
- Territorial Views
Flooring
- Wall to Wall Carpet
- Vinyl
Utilities
- Septic Tank
- Septic System
- High Speed Internet
- Cable TV Available
Additional Features
- Patio
- 4.71 Acre Lot
Community Details
- Hidden Villa Apartments Condos
- Spanaway Subdivision
Listing and Financial Details
- Tax Lot 2
- Assessor Parcel Number 5001860020
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 18, 2020
Sold by
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,627,000
Outstanding Balance
$3,150,362
Interest Rate
3.2%
Mortgage Type
Commercial
Estimated Equity
-$2,459,362
Purchase Details
Listed on
Dec 1, 2017
Closed on
Mar 23, 2018
Sold by
Bought by
Seller's Agent
Jon Bye
John L. Scott, Inc
Buyer's Agent
Jon Bye
John L. Scott, Inc
List Price
$5,150,000
Sold Price
$4,645,400
Premium/Discount to List
-$504,600
-9.8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-20.40%
Original Mortgage
$3,407,000
Interest Rate
4.38%
Mortgage Type
Construction
Purchase Details
Closed on
Nov 2, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,200
Interest Rate
8.12%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Spanaway, WA
-
Keegan Burmark
-
Narva Walton
NW
Narva Walton
John L. Scott, Inc.
(253) 201-3957
29 Total Sales
1 in Spanaway
$270,000 Price
-
Craig Tuttle
Craig Tuttle
Realty One Group Turn Key
(253) 300-4376
104 Total Sales
5 in Spanaway
$407K - $1.3M Price Range
-
Ryan Karns
Ryan Karns
Coldwell Banker Bain
(206) 966-6042
125 Total Sales
1 in Spanaway
$483,000 Price
-
Christopher Seim
Christopher Seim
eXp Realty
(253) 300-0532
158 Total Sales
1 in Spanaway
$490,000 Price
-
Jim Swanson
Jim Swanson
COMPASS
(253) 785-8628
111 Total Sales
5 in Spanaway
$409K - $555K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Available | ||
| $4,645,119 | Ticor Title | ||
| $179,000 | Chicago Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $3,627,000 | ||
| Previous Owner | $3,407,000 | ||
| Previous Owner | $143,200 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/30/2018 03/30/18 | Sold | $4,645,400 | -9.8% | $189 / Sq Ft |
| 12/28/2017 12/28/17 | Pending | -- | -- | -- |
| 12/01/2017 12/01/17 | For Sale | $5,150,000 | -- | $209 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $4,756 | $451,400 | $141,600 | $309,800 |
| 2024 | $4,756 | $385,900 | $92,600 | $293,300 |
| 2023 | $4,756 | $350,800 | $92,600 | $258,200 |
| 2022 | $4,693 | $350,800 | $92,600 | $258,200 |
| 2021 | $4,405 | $277,300 | $77,100 | $200,200 |
| 2019 | $3,314 | $254,400 | $70,100 | $184,300 |
| 2018 | $3,620 | $235,500 | $64,700 | $170,800 |
| 2017 | $3,466 | $204,700 | $53,900 | $150,800 |
| 2016 | $3,317 | $177,300 | $53,900 | $123,400 |
| 2014 | $3,203 | $177,300 | $53,900 | $123,400 |
| 2013 | $3,203 | $177,300 | $53,900 | $123,400 |
Source: Public Records
Agents Affiliated with this Home
-
Jon Bye
Seller's Agent in 2018
Jon Bye
John L Scott
(206) 400-7586
372 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1221610
APN: 500186-0100
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.
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. ©2026 NWMLS.
Based on information submitted to the MLS GRID
Listings courtesy of Northwest Multiple Listing Service (NWMLS) as distributed by MLS GRID
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