Listed by Skyline Properties, Inc., Bought with Windermere RE/Lake Tapps, Inc
NOT LISTED FOR SALE

17426 28 8th Ave E Spanaway, WA 98387

Estimated Value: $465,496 - $520,000

4 Beds
2 Baths
1,620 Sq Ft
$299/Sq Ft Est. Value

Last Sold April 27, 2016

Last sale price $175,000 $108 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $2,939/month

7 Days on Market

Highlights

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

About This Home

As of April 2016

Great opportunity for investment! Duplex situated very close to base, and shopping. Both sides have good rental history & long term tenant in one side. Newer appliances & updates to 17428. Each unit has it's own laundry hook up area and an attached garage. Nice large rear yards too. Financial information based on rents & current taxes only - no past records available.

Last Agent to Sell the Property

Julie Mayer

Skyline Properties, Inc. License #7173 Listed on: 03/30/2016

Skyline Properties, Inc.

Last Buyer's Agent

Monica Hope

Windermere RE/Lake Tapps, Inc License #24993

Windermere RE/Lake Tapps, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 916152

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,742

Year Built

  • Built in 1977

Lot Details

  • 10,000 Sq Ft Lot
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,620 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Schools

  • Evergreen Elementary School
  • Cedarcrest Jnr High Middle School
  • Spanaway Lake High School

Utilities

  • Septic Tank
  • Septic System

Community Details

  • Sunnydale 1St Condos
  • Sunnydale Subdivision

Listing and Financial Details

  • Tax Lot 38-42
  • Assessor Parcel Number 800011-275-1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,742

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: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Sunnydale 1st
  • New Construction: No
  • CalculatedSquareFootage: 1620
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • 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: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Septic System, Electric
  • PowerCompany: Puget Sound Energy
  • SewerCompany: None-Septic
  • WaterCompany: Spanaway Water
  • WaterSewerGarbage: 0

Schools

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

Lot Info

  • Parcel Number: 800011-275-1
  • Lot Size Acres: 0.2296
  • Lot Size Sq Ft: 10000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Patio
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: County
  • ZoningClass: Residential
  • LotNumber: 38-42

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10
  • LeasedItems: None
  • TotalMonthlyIncome: 1350

Multi Family

  • Gross Scheduled Income: 16200
  • Net Operating Income: 16200
  • Number Of Units Total: 6
  • Leasable Area: 1620
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2016
  • Tax Annual Amount: 2742

MLS Schools

  • Elementary School: Evergreen Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2016
Closed on
Apr 21, 2016
Sold by
Timberland Bank
Bought by
Malybaeva Gainel
Seller's Agent
Julie Mayer
Skyline Properties, Inc.
Buyer's Agent
Monica Hope
Windermere RE/Lake Tapps, Inc
List Price
$175,000
Sold Price
$175,000
Current Estimated Value
$484,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,374
Avg. Annual Appreciation
11.38%

Purchase Details

Closed on
Jul 31, 2015
Sold by
Malesis Kevin J and Malesis Michelle
Bought by
Timberland Bank

Purchase Details

Closed on
Aug 26, 2013
Sold by
Malesis Properties Llc
Bought by
Malesis Kevin and Malesis Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,273
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2007
Sold by
Naputi David and Baja Olivia
Bought by
Malesis Kevin J and Malesis Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2000
Sold by
Mcdonald Gary D
Bought by
Napoti David and Baja Olivia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,520
Interest Rate
8.2%
Mortgage Type
FHA
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
Malybaeva Gainel $174,719 Fidelity National Title
Timberland Bank $19,546 None Available
Malesis Kevin -- Rainier Title Llc
Malesis Kevin J $240,000 Puget Sound Title Company
Napoti David $115,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Malesis Kevin $119,273
Previous Owner Malesis Kevin J $125,000
Previous Owner Napoti David $114,520
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2016 04/27/16 Sold $175,000 0.0% $108 / Sq Ft
04/07/2016 04/07/16 Pending -- -- --
03/30/2016 03/30/16 For Sale $175,000 -- $108 / 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 $4,445 $406,900 $196,700 $210,200
2024 $4,445 $406,000 $182,700 $223,300
2023 $4,445 $372,300 $166,800 $205,500
2022 $4,107 $378,200 $166,800 $211,400
2021 $3,897 $270,300 $92,800 $177,500
2019 $2,769 $239,700 $76,800 $162,900
2018 $2,759 $220,000 $70,000 $150,000
2017 $2,759 $182,600 $61,500 $121,100
2016 $2,524 $163,000 $52,900 $110,100
2014 $2,231 $145,000 $48,500 $96,500
2013 $2,231 $132,400 $40,500 $91,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 916152

Northwest Multiple Listing Service (NWMLS)

APN: 800011-2751