Listed by Real Broker LLC, Bought with Engel & Voelkers North Tacoma
$603,000
SOLD SEP 2, 2025

17009 16th Ave E Spanaway, WA 98387

6 Beds
2 Baths
1,984 Sq Ft
0.28 Acres

Recently Sold

$304 Per Sq Ft

1% Below List Price

Highlights

  • Territorial View
  • Thermal Windows
  • Baseboard Heating
  • No HOA
  • Ceramic Tile Flooring
  • Partially Fenced Property

About This Home

As of September 2025

Turn-key, single-story duplex—pride of ownership shows after many years of meticulous care by the current owner. Each spacious unit offers 3 bedrooms, 1 bath, in-unit washer/dryer, private fenced yard, and dedicated garage space. Situated on a flat .275-acre lot, the property has seen major updates including newer windows, flooring, interior updates, exterior paint, electrical panels, gutters, roof (~6 years old), water line, and driveway. An excellent investment opportunity (7.65% Market Cap Rate) or perfect for an owner-occupant seeking additional rental income. One unit is intentionally left vacant for easy showings or immediate move-in. Conveniently located on a quiet street close to schools, shopping, and amenities.

Last Agent to Sell the Property

Charles Burnett

Real Broker LLC License #50261 Listed on: 07/08/2025

Last Buyer's Agent

Lauren Quackenbush

Engel & Voelkers North Tacoma License #120130

Engel & Voelkers North Tacoma

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2404129

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,376

Year Built

  • Built in 1971

Lot Details

  • 0.28 Acre Lot
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Stone Siding
  • Wood Composite
  • Stone

Interior Spaces

  • 1,984 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Utilities

  • Baseboard Heating
  • Septic Tank

Community Details

  • No Home Owners Association
  • Bethel Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3485014751

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,376

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
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1984
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Residential
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Energy Package,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Territorial
  • View: Yes
  • Waterfront: No
  • Construction Type: Stone, Wood
  • Exterior Features: Stone, Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 6

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Partially Fenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Bethel

Lot Info

  • Parcel Number: 3485014751
  • Lot Size Acres: 0.2755
  • Lot Size Sq Ft: 12000
  • Zoning Description: Multi-Family,Residential
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 4150

Tax Info

  • Year: 2025
  • Tax Annual Amount: 5376

Multi Family

  • Number Of Units Total: 2
  • EnergySource: Electric
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2025
Closed on
Aug 28, 2025
Sold by
Kemper Living Trust and Kemper Estle Eugene
Bought by
Horn Regina Lakeesha
Seller's Agent
Charles Burnett
Real Broker LLC
Buyer's Agent
Lauren Quackenbush
Engel & Voelkers North Tacoma
List Price
$607,000
Sold Price
$603,000
Premium/Discount to List
-$4,000
-0.66%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-19.13%
Original Mortgage
$138,418
Outstanding Balance
$138,418
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$451,915
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 Type Sale Price Title Company
Warranty Deed $603,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $138,418 New Conventional
Open $489,621 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2025 09/02/25 Sold $603,000 +1.3% $304 / Sq Ft
07/31/2025 07/31/25 Pending -- -- --
07/26/2025 07/26/25 Price Changed $595,000 -2.0% $300 / Sq Ft
07/08/2025 07/08/25 For Sale $607,000 -- $306 / 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 $5,176 $459,300 $195,000 $264,300
2024 $5,176 $465,900 $181,100 $284,800
2023 $5,176 $437,300 $164,800 $272,500
2022 $4,931 $444,900 $164,800 $280,100
2021 $4,698 $330,100 $97,700 $232,400
2019 $3,338 $296,500 $80,900 $215,600
2018 $3,547 $269,800 $73,700 $196,100
2017 $3,342 $223,100 $64,700 $158,400
2016 $3,021 $199,500 $55,700 $143,800
2014 $2,698 $176,000 $51,100 $124,900
2013 $2,698 $163,000 $42,700 $120,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2404129

Northwest Multiple Listing Service (NWMLS)

APN: 348501-4751