Listed by Windermere Prof Partners, Bought with COMPASS
NOT LISTED FOR SALE

17317 10th Ave S Spanaway, WA 98387

Estimated Value: $555,000 - $650,000

4 Beds
3 Baths
2,598 Sq Ft
$237/Sq Ft Est. Value

Last Sold December 16, 2020

Last sale price $500,000 $192 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,834/month

2 Days on Market

Highlights

  • RV Access or Parking
  • Thermal Windows
  • Property is in very good condition
  • Deck
  • Patio
  • Property is Fully Fenced

About This Home

As of December 2020

The time is right! Updated Townhouse duplex. Perfect for investors or owner-occupied. 3 bedrooms 1 1/2 baths per side, 1 car garage per side. Unit A (17315) has large side yard gravel parking area, room for an RV or extra vehicles with upside potential to build additional garage. On Sewer. Fenced back yards on both units. Unit A Updates: Interior paint, new sinks, new front door, new insulated garage door, trim painted, deck painted. Unit b - new insulated garage door and minor updates. Note: Bedroom #3 has no closet. Near Spanaway Lake. Agent/owner.

Last Agent to Sell the Property

Cathlene Torgerson

Windermere Prof Partners License #27878 Listed on: 11/11/2020

Windermere Prof Partners

Co-Listed By

Vickie Jennings

Windermere Prof Partners License #9961

Last Buyer's Agent

Mike Larson

COMPASS License #12791

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1687894

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,125

Year Built

  • Built in 1997

Lot Details

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

Home Design

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

Interior Spaces

  • 2,598 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Elk Plain Elementary School
  • Spanaway Jnr High Middle School
  • Spanaway Lake High School

Community Details

  • Near Spanaway Lake Condos
  • Spanaway Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 031929-8-027

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,125

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1997
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Near Spanaway Lake
  • New Construction: No
  • CalculatedSquareFootage: 2598
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks,Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, 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 Spaces: 4
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: Pierce County
  • WaterCompany: Spanaway water
  • WaterSewerGarbage: 2580

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Bethel
  • High School: Spanaway Lake High
  • Middle Or Junior School: Spanaway Jnr High

Lot Info

  • Parcel Number: 031929-8-027
  • Lot Size Acres: 0.2934
  • Lot Size Sq Ft: 12780
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Fully,Patio,RV Parking
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family
  • LotNumber: 2

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 2579

Multi Family

  • Gross Scheduled Income: 30947
  • Net Operating Income: 27382
  • Number Of Units Total: 2
  • Insurance Expense: 985
  • Leasable Area: 2598
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 5125

MLS Schools

  • Elementary School: Elk Plain Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2020
Closed on
Dec 4, 2020
Sold by
Jennings Investments Llc
Bought by
Mcguire George M and Mcguire Elizabeth A
Seller's Agent
Cathlene Torgerson
Windermere Prof Partners
Buyer's Agent
Mike Larson
COMPASS
List Price
$475,000
Sold Price
$500,000
Premium/Discount to List
$25,000
5.26%
Current Estimated Value
$617,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,000
Avg. Annual Appreciation
4.48%
Original Mortgage
$490,943
Outstanding Balance
$437,086
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$179,914

Purchase Details

Closed on
Oct 29, 2009
Sold by
Jennings Kendall M and Jennings Vickie L
Bought by
Jennings Investments Llc

Purchase Details

Closed on
Mar 27, 2007
Sold by
Jennings Vickie L and Buckley Vickie L
Bought by
Jennings Investments Llc
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
Mcguire George M $500,000 Chicago Title
Jennings Investments Llc -- None Available
Jennings Investments Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcguire George M $490,943
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2020 12/16/20 Sold $500,000 +5.3% $192 / Sq Ft
11/13/2020 11/13/20 Pending -- -- --
11/11/2020 11/11/20 For Sale $475,000 -- $183 / 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 $6,756 $607,900 $204,700 $403,200
2024 $6,756 $616,200 $195,300 $420,900
2023 $6,756 $584,300 $180,000 $404,300
2022 $6,440 $618,400 $180,000 $438,400
2021 $5,879 $420,100 $104,400 $315,700
2019 $4,184 $355,300 $88,500 $266,800
2018 $4,556 $345,700 $79,300 $266,400
2017 $4,095 $293,000 $66,500 $226,500
2016 $3,863 $261,400 $50,700 $210,700
2014 $3,056 $229,900 $49,700 $180,200
2013 $3,056 $195,600 $43,500 $152,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1687894

Northwest Multiple Listing Service (NWMLS)

APN: 031929-8027