Listed by Terry Wise & Associates, Bought with R1 Washington
NOT LISTED FOR SALE

16616 16th Ave E Spanaway, WA 98387

Estimated Value: $500,000 - $517,000

3 Beds
3 Baths
1,816 Sq Ft
$280/Sq Ft Est. Value

Last Sold June 20, 2014

Last sale price $214,950 $118 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $3,094/month

3 Days on Market

About This Home

As of June 2014

Come and see this home in a beautiful community w/private park and basketball court. This better than new 3BR/ 2.5BA is on a quiet dead-end street and has a large lot with a patio and fenced backyard. Light and bright with 9 ft ceilings on main floor with a den and family room with a gas fireplace. The spacious kitchen has tile counters, custom cabinets with crown molding, black appliances. Amazing master bedroom has a 5 piece bath with a walk in closet. This home won't last long. Welcome Home!

Last Agent to Sell the Property

Ryan Powell

Terry Wise & Associates License #111430 Listed on: 05/10/2014

Last Buyer's Agent

Leslie Rose

R1 Washington License #102402

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM633073

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Year Built

2008

Lot Details

0

Listing Details

  • Condition: Average
  • Sq Ft Finished: 1816
  • Form 17: Provided
  • Special Features: None
  • Stories: 2
  • Year Built: 2008

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Fireplaces: 1
  • Fireplaces: 1

Exterior Features

  • Roof: Composition
  • Exterior: Wood Products
  • Foundation: Poured Concrete
  • Lot Details: Dead End Street
  • Roof: Composition

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Spaces: 2

Utilities

  • Cooling: Forced Air
  • Heating: Forced Air
  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Heating and Cooling: Forced Air
  • Sewer: Connected
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 27
  • HOA Fee Frequency: Annual

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2014
Closed on
Jun 18, 2014
Sold by
Simpson Richard Wesley and Simpson Polly Lynn
Bought by
Ortiz Christopher and Brodus Tabetha
Seller's Agent
Ryan Powell
Terry Wise & Associates
Buyer's Agent
Leslie Rose
R1 Washington
List Price
$214,950
Sold Price
$214,950
Current Estimated Value
$512,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,263
Avg. Annual Appreciation
7.76%
Original Mortgage
$204,200
Outstanding Balance
$155,085
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$353,939

Purchase Details

Listed on
Feb 7, 2012
Closed on
Apr 13, 2012
Sold by
Bear Valley Enteprises Llc
Bought by
Simpson Richard Wesley and Simpson Polly Lynn
Seller's Agent
Justin Bartlett
Dove Realty, Inc.
Buyer's Agent
Brad Harper
CENTURY 21 North Homes Realty
List Price
$195,000
Sold Price
$195,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.57%
Original Mortgage
$198,068
Interest Rate
3.86%
Mortgage Type
VA

Purchase Details

Closed on
Feb 6, 2012
Sold by
Silverstone Home Builders Llc
Bought by
Bear Valley Enterprises Llc

Purchase Details

Closed on
May 8, 2007
Sold by
Mahan Community Development Llc
Bought by
Silverstone Home Builders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,006,800
Interest Rate
6.14%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Ortiz Christopher $214,669 Fidelity National Title
Simpson Richard Wesley $193,900 First American Title Ins Co
Bear Valley Enterprises Llc $138,600 None Available
Silverstone Home Builders Llc $2,000,000 Ticor
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortiz Christopher $204,200
Previous Owner Simpson Richard Wesley $198,068
Previous Owner Silverstone Home Builders Llc $5,006,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/20/2014 06/20/14 Sold $214,950 0.0% $118 / Sq Ft
05/14/2014 05/14/14 Pending -- -- --
05/10/2014 05/10/14 For Sale $214,950 +10.2% $118 / Sq Ft
04/16/2012 04/16/12 Sold $195,000 0.0% $107 / Sq Ft View Prior Sale
03/19/2012 03/19/12 Pending -- -- --
02/06/2012 02/06/12 For Sale $195,000 -- $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 $4,936 $481,800 $171,000 $310,800
2024 $4,936 $456,700 $158,800 $297,900
2023 $4,936 $420,800 $152,200 $268,600
2022 $5,051 $438,500 $152,200 $286,300
2021 $4,590 $326,200 $90,200 $236,000
2019 $3,331 $297,500 $74,700 $222,800
2018 $4,224 $273,900 $68,100 $205,800
2017 $3,724 $274,600 $59,800 $214,800
2016 $3,319 $218,900 $51,500 $167,400
2014 $2,913 $198,300 $43,900 $154,400
2013 $2,913 $181,500 $36,700 $144,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM633073

Northwest Multiple Listing Service (NWMLS)

APN: 500379-0120