Listed by Carrier Capital Real Estate, Bought with Best Choice Realty LLC
NOT LISTED FOR SALE

16905 6th Ave E Unit 16907 Spanaway, WA 98387

Estimated Value: $429,000 - $550,000

4 Beds
2 Baths
1,638 Sq Ft
$294/Sq Ft Est. Value

Last Sold March 17, 2021

Last sale price $370,000 $226 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,898/month

16 Days on Market

Highlights

  • Partially Fenced Property
  • Wall to Wall Carpet
  • 1-Story Property

About This Home

As of March 2021

Rambler style duplex 2 bedrooms and 1 bath with 1 car garage each side. Brand new roof on building. 2 years ago both units got new garage doors, new surround showers, and new sliding glass doors. 16907 been updated with new flooring, paint, doors etc. Big back yard some partial fencing. 3 parcels included in the sale. Close to schools , shopping and military base. No sign. 16905 has long term tenant and 16907 will be vacant end of January. Washer/Dryer hooks up in units but washer/dryer not included in sale.

Last Agent to Sell the Property

Shonda Carrier

Carrier Capital Real Estate License #25350 Listed on: 01/15/2021

Co-Listed By

Rylan Carrier

Carrier Capital Real Estate License #113095

Last Buyer's Agent

Sridhar Devineni

Best Choice Realty LLC License #114580

Best Choice Realty LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1717833

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,137

Year Built

  • Built in 1971

Lot Details

  • 7,500 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,638 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Utilities

  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • Spanaway Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8000010330

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,137

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1971
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1638
  • Special Features: None

Interior Features

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

Exterior Features

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

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Septic System, Electric
  • WaterSewerGarbage: 800

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Bethel

Lot Info

  • Parcel Number: 8000010330
  • Lot Size Acres: 0.1722
  • Lot Size Sq Ft: 7500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially
  • MLSLotSizeSource: County Records
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 2045

Multi Family

  • Gross Scheduled Income: 24540
  • Net Operating Income: 19853
  • Number Of Units Total: 2
  • Insurance Expense: 750
  • Leasable Area: 1640
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3137

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2021
Closed on
Mar 8, 2021
Sold by
Gramspan Llc
Bought by
Arimilli Ramesh and Ganni Vera Venkata
Seller's Agent
Shonda Carrier
Carrier Capital Real Estate
Buyer's Agent
Sridhar Devineni
Best Choice Realty LLC
List Price
$395,000
Sold Price
$370,000
Premium/Discount to List
-$25,000
-6.33%
Current Estimated Value
$480,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,809
Avg. Annual Appreciation
7.58%
Original Mortgage
$277,500
Outstanding Balance
$249,887
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$265,187

Purchase Details

Closed on
Jan 24, 2012
Sold by
Ardmore Richard E and Ardmore Nancy L
Bought by
Gramspan Llc

Purchase Details

Closed on
Apr 22, 2005
Sold by
Deibel John Phillip
Bought by
Ardmore Richard E and Ardmore Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
5.92%
Mortgage Type
Fannie Mae Freddie Mac
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
Arimilli Ramesh $370,000 First American Title
Gramspan Llc -- None Available
Ardmore Richard E $210,000 Fatco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arimilli Ramesh $277,500
Previous Owner Ardmore Richard E $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2021 03/17/21 Sold $370,000 -6.3% $226 / Sq Ft
01/31/2021 01/31/21 Pending -- -- --
01/30/2021 01/30/21 For Sale $395,000 0.0% $241 / Sq Ft
01/26/2021 01/26/21 Pending -- -- --
01/24/2021 01/24/21 For Sale $395,000 0.0% $241 / Sq Ft
01/20/2021 01/20/21 Pending -- -- --
01/16/2021 01/16/21 For Sale $395,000 0.0% $241 / Sq Ft
01/15/2021 01/15/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $395,000 -- $241 / 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 $4,302 $390,100 $176,800 $213,300
2024 $4,302 $392,200 $164,200 $228,000
2023 $4,302 $357,700 $144,200 $213,500
2022 $4,081 $363,700 $144,200 $219,500
2021 $3,886 $268,900 $85,500 $183,400
2019 $2,768 $239,100 $70,800 $168,300
2018 $2,751 $219,300 $64,500 $154,800
2017 $2,751 $181,600 $56,600 $125,000
2016 $2,469 $162,300 $48,800 $113,500
2014 $2,201 $141,100 $44,600 $96,500
2013 $2,201 $129,200 $37,300 $91,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1717833

Northwest Multiple Listing Service (NWMLS)

APN: 800001-0330