Listed by Windermere Prof Partners, Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

17123 20th Ave E Spanaway, WA 98387

Estimated Value: $468,657 - $535,000

4 Beds
2 Baths
1,584 Sq Ft
$320/Sq Ft Est. Value

Last Sold August 17, 2021

Last sale price $420,000 $265 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,037/month

18 Days on Market

Highlights

  • Corner Lot
  • Patio
  • Property is Fully Fenced
  • Thermal Windows
  • Property is in very good condition
  • Wall to Wall Carpet

About This Home

As of August 2021

Wonderful Rambler Style Spanaway Duplex! Large corner lot. 2 bedrooms, 1 full bath each side & 1 car garage each side. New roof & New vinyl windows & doors in 2018. Fully fenced yards with privacy fence between units, each side has a patio with privacy fence. New garage doors. New improved crawlspace access hatches. Washer/Dryers are tenants. Long term tenants would enjoy staying. Interior of units have minor updates. Drive bys ok but don't disturb tenants. Great location near 176th, near JBLM. Month-to-month. Below market rents haven't been raised in over 1 1/2 years. Showing & inspections after mutual accepted offer. As-Is. Good Investor Purchase. No FHA or VA. Tenant notice will be buyer's responsibility after closing if choose.

Last Agent to Sell the Property

Cathlene Torgerson

Windermere Prof Partners License #27878 Listed on: 06/25/2021

Windermere Prof Partners

Co-Listed By

Vickie Jennings

Windermere Prof Partners License #9961

Last Buyer's Agent

tatyana ursekile

Skyline Properties, Inc. License #125601

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1798112

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,104

Year Built

  • Built in 1977

Lot Details

  • 0.29 Acre Lot
  • Property is Fully Fenced
  • Corner Lot
  • Property is in very good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,584 Sq Ft Home
  • 1-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • Denney Add Condos
  • Spanaway Subdivision

Listing and Financial Details

  • Tax Lot 21-25
  • Assessor Parcel Number 348501-740-1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,104

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1977
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Denney Add
  • New Construction: No
  • CalculatedSquareFootage: 1584
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very 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: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Septic System, Electric

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Bethel

Lot Info

  • Parcel Number: 348501-740-1
  • Lot Size Acres: 0.287
  • Lot Size Sq Ft: 12500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Patio
  • MLSLotSizeSource: tax records
  • ZoningClass: Multi-Family,Residential
  • LotNumber: 21-25

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 18
  • LeasedItems: None
  • TotalMonthlyIncome: 1970

Tax Info

  • Year: 2021
  • Tax Annual Amount: 4104

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2021
Closed on
Aug 16, 2021
Sold by
Jennings Investments Llc
Bought by
Morar Viktor and Morar Rodica
Seller's Agent
Cathlene Torgerson
Windermere Prof Partners
Buyer's Agent
tatyana ursekile
Skyline Properties, Inc.
List Price
$425,000
Sold Price
$420,000
Premium/Discount to List
-$5,000
-1.18%
Current Estimated Value
$506,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,914
Avg. Annual Appreciation
4.40%
Original Mortgage
$315,000
Outstanding Balance
$286,433
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$220,481

Purchase Details

Closed on
Apr 3, 2015
Sold by
Jennings Kendall M and Jennings Vickie L
Bought by
Jennings Investments Llc

Purchase Details

Closed on
Dec 5, 2012
Sold by
Jennings Investments Llc
Bought by
Jennings Kendall M and Jennings Vickie L

Purchase Details

Closed on
Mar 27, 2007
Sold by
Jennings Kendall M and Jennings Vickie L
Bought by
Jennings Investments Llc

Purchase Details

Closed on
Dec 12, 2006
Sold by
Johnson Thomas H and Johnson Kathryn P
Bought by
Jennings Kendall M and Jennings Vickie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,400
Interest Rate
6.32%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Morar Viktor $420,000 Chicago Title Company Of Wa
Jennings Investments Llc -- None Available
Jennings Kendall M -- None Available
Jennings Investments Llc -- None Available
Jennings Kendall M $258,000 Pnwt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morar Viktor $315,000
Previous Owner Jennings Kendall M $206,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2021 08/17/21 Sold $420,000 -1.2% $265 / Sq Ft
07/13/2021 07/13/21 Pending -- -- --
07/06/2021 07/06/21 Price Changed $425,000 0.0% $268 / Sq Ft
07/06/2021 07/06/21 For Sale $425,000 -4.5% $268 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
06/25/2021 06/25/21 For Sale $445,000 -- $281 / 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 $4,583 $415,400 $196,700 $218,700
2024 $4,583 $415,000 $182,700 $232,300
2023 $4,583 $383,900 $166,800 $217,100
2022 $4,337 $390,000 $166,800 $223,200
2021 $4,104 $285,600 $98,900 $186,700
2019 $2,911 $253,300 $81,900 $171,400
2018 $2,900 $232,200 $74,600 $157,600
2017 $2,900 $192,800 $65,500 $127,300
2016 $2,735 $171,900 $56,400 $115,500
2014 $2,435 $158,300 $51,700 $106,600
2013 $2,435 $144,800 $43,200 $101,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1798112

Northwest Multiple Listing Service (NWMLS)

APN: 348501-7401