Listed by Toril Sells Houses Team, Bought with Harvest Realty, Inc
NOT LISTED FOR SALE

17206 5th Ave E Spanaway, WA 98387

Estimated Value: $561,000 - $617,000

4 Beds
3 Baths
2,052 Sq Ft
$282/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $325,000 $158 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,513/month

2 Days on Market

Highlights

  • 0.48 Acre Lot
  • Ceramic Tile Flooring
  • Wood Siding
  • Deck
  • Property is Fully Fenced

About This Home

As of August 2018

Huge opportunity here! Financing available as owner occupied primary. Live in one side and collect rent on the other! Shy half acre huge lot with nicely maintained duplex. 3 year old roof, one side updated, other side in good condition. Great long term tenants month to month. Quiet Street, tons of parking, and so much potential in back side of lot. Possibly build shop, garages, etc... buyer to verify to their own satisfaction. Spacious units, rents under market value, tenants pay utilities.

Last Agent to Sell the Property

Toril Schoepfer

Toril Sells Houses Team License #23304 Listed on: 08/06/2018

Co-Listed By

Lisa Hudson

Toril Sells Houses Team License #26171

Last Buyer's Agent

Rick Gienger

Harvest Realty, Inc License #11740

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1341343

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,925

Year Built

  • Built in 1981

Lot Details

  • 0.48 Acre Lot
  • Property is Fully Fenced
  • Property is in good condition

Home Design

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

Interior Spaces

  • 2,052 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck

Utilities

  • Private Water Source
  • Septic Tank
  • Septic System

Community Details

  • Spanaway Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2618000070

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,925

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1981
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2052
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex
  • ConstructionMethods: Standard Frame

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Private
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Septic System, Electric
  • PowerCompany: TPU
  • SewerCompany: Septic
  • WaterCompany: Spanaway Water

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Bethel
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 2618000070
  • Lot Size Acres: 0.4821
  • Lot Size Sq Ft: 21000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Fully
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Tax Info

  • Year: 2018
  • Tax Annual Amount: 3925

Multi Family

  • Number Of Units Total: 2
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2023
Sold by
Marshall Chase C
Bought by
Marshall Chase C and Marshall Madeline
Current Estimated Value
$578,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,800
Outstanding Balance
$78,639
Interest Rate
6.39%
Mortgage Type
Credit Line Revolving
Estimated Equity
$500,092

Purchase Details

Listed on
Aug 6, 2018
Closed on
Aug 27, 2018
Sold by
Hudson Lisa
Bought by
Marshall Chase C
Seller's Agent
Toril Schoepfer
Toril Sells Houses Team
Buyer's Agent
Rick Gienger
Harvest Realty, Inc
List Price
$325,000
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.19%
Original Mortgage
$319,113
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 28, 2017
Closed on
May 9, 2017
Sold by
Webber Lee A and Webber Kate L
Bought by
Hudson Lisa
Seller's Agent
Ellen Campion
Redfin
Buyer's Agent
Lisa Hudson
Toril Sells Houses Team
List Price
$285,000
Sold Price
$278,000
Premium/Discount to List
-$7,000
-2.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.87%

Purchase Details

Closed on
Feb 24, 2006
Sold by
Nguyen Chuck T
Bought by
Webber Lee A and Webber Kate L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,200
Interest Rate
3.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 30, 2000
Sold by
Couture Rocky N
Bought by
Nguyen Chuck T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,021
Interest Rate
8.63%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 21, 2000
Sold by
Couture Tina R
Bought by
Couture Rocky N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,021
Interest Rate
8.63%
Mortgage Type
FHA
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
Marshall Chase C -- None Listed On Document
Marshall Chase C $324,719 Ticor Title
Hudson Lisa $277,719 Chicago Title Co
Webber Lee A $244,000 Puget Sound Title Company
Nguyen Chuck T $128,500 Commonwealth Land Title
Couture Rocky N -- Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marshall Chase C $80,800
Previous Owner Marshall Chase C $319,113
Previous Owner Webber Lee A $195,200
Previous Owner Nguyen Chuck T $127,021
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2018 08/31/18 Sold $325,000 0.0% $158 / Sq Ft
08/08/2018 08/08/18 Pending -- -- --
08/06/2018 08/06/18 For Sale $325,000 +16.9% $158 / Sq Ft
05/17/2017 05/17/17 Sold $278,000 -2.5% $135 / Sq Ft View Prior Sale
04/28/2017 04/28/17 Pending -- -- --
04/28/2017 04/28/17 For Sale $285,000 -- $139 / 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 $5,756 $517,700 $219,200 $298,500
2024 $5,756 $520,100 $203,600 $316,500
2023 $5,756 $492,100 $193,300 $298,800
2022 $5,482 $500,400 $193,300 $307,100
2021 $5,208 $369,600 $114,600 $255,000
2019 $3,660 $328,800 $94,900 $233,900
2018 $3,925 $299,200 $86,400 $212,800
2017 $3,674 $249,600 $75,900 $173,700
2016 $3,212 $221,400 $65,400 $156,000
2014 $2,837 $188,300 $60,000 $128,300
2013 $2,837 $172,400 $50,200 $122,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1341343

Northwest Multiple Listing Service (NWMLS)

APN: 261800-0070