Listed by Windermere Abode, Bought with John L. Scott, Inc.
NOT LISTED FOR SALE

17517 8th Ave E Unit 17519 Spanaway, WA 98387

Estimated Value: $462,596 - $568,000

4 Beds
2 Baths
1,620 Sq Ft
$328/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $380,000 $235 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,204/month

4 Days on Market

About This Home

As of August 2021

Straight forward, rambler style duplex! Each unit is 810 square feet with 2 bedrooms, and 1 bathroom. Solid interiors, with functional layouts. W/D, and dishwasher in each unit. Sliding glass doors off of the kitchens that lead to the backyards. One car garage for each tenant, additional parking in driveway out front. Long term tenants in both units are month-to-month. Tenants have been paying electric, and the seller pays water. The property is on septic, which was pumped and repaired in December 2020. Located near JBLM, Spanaway Lake Golf Course, and WA-512. Seller has used property management (Red Roof Rentals). Recent seller procured inspection report available upon request.

Last Agent to Sell the Property

Keryn Giguere

Windermere Abode License #119880 Listed on: 07/16/2021

Windermere Abode

Last Buyer's Agent

Vicky Marchenko

John L. Scott, Inc. License #118848

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1809055

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,801

Year Built

  • Built in 1976

Lot Details

  • 0.29 Acre Lot

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof
  • Wood Composite

Interior Spaces

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

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Utilities

  • Septic Tank
  • Septic System

Community Details

  • Bethel Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8000112901

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,801

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1976
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1620
  • SOCComments: Even split
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Slab
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Septic System, Electric
  • WaterSewerGarbage: 1200

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Bethel

Lot Info

  • Parcel Number: 8000112901
  • Lot Size Acres: 0.287
  • Lot Size Sq Ft: 12500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: realist
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 2050

Multi Family

  • Gross Scheduled Income: 24600
  • Net Operating Income: 18539
  • Number Of Units Total: 2
  • Insurance Expense: 1060
  • Leasable Area: 1620
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 3801

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2021
Sold by
Nwig Llc
Bought by
Waller Melissa and Waller Alan
Current Estimated Value
$531,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Outstanding Balance
$358,901
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$174,977

Purchase Details

Listed on
Jul 16, 2021
Closed on
Aug 10, 2021
Sold by
Giguere Karen Agnes
Bought by
Nwig Llc
Seller's Agent
Keryn Giguere
Windermere Abode
Buyer's Agent
Vicky Marchenko
John L. Scott, Inc.
List Price
$380,000
Sold Price
$380,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.62%

Purchase Details

Closed on
Oct 13, 2011
Sold by
Giguere Karen Agnes
Bought by
Pierce County

Purchase Details

Closed on
May 29, 2007
Sold by
Giguere Richard Jean Guy and Giguere Karen Agnes
Bought by
Giguere Richard Jean Guy and Giguere Karen Agnes

Purchase Details

Closed on
Jun 17, 2005
Sold by
Giguere Richard Jean Guy
Bought by
Giguere Richard Jean Guy and Giguere Karen Agnes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,800
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 9, 2005
Sold by
Giguere Karen
Bought by
Giguere Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,800
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 23, 2004
Sold by
Matthias Paul F
Bought by
Diaz Michael A and Diaz Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
5.35%
Mortgage Type
Purchase Money Mortgage
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
Waller Melissa $515,000 Fidelity National Title
Nwig Llc $380,000 Wfg Natl Ttl Co Of Wa Llc
Pierce County -- None Available
Giguere Richard Jean Guy -- None Available
Giguere Karen Agnes -- None Available
Giguere Richard Jean Guy -- --
Giguere Richard Jean Guy -- --
Giguere Richard J -- Fidelity National Title Co
Giguere Richard J $216,000 Fidelity National Title Co
Diaz Michael A $160,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Giguere Richard J $172,800
Previous Owner Diaz Michael A $128,000
Closed Giguere Richard J $32,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $380,000 0.0% $235 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $380,000 -- $235 / 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 $4,657 $415,200 $176,100 $239,100
2024 $4,657 $415,500 $163,500 $252,000
2023 $4,657 $392,400 $146,100 $246,300
2022 $4,004 $399,200 $146,100 $253,100
2021 $3,801 $262,800 $86,600 $176,200
2019 $2,681 $232,800 $71,700 $161,100
2018 $2,869 $211,900 $65,400 $146,500
2017 $2,684 $177,000 $57,400 $119,600
2016 $2,480 $156,800 $49,400 $107,400
2014 $2,241 $142,100 $47,700 $94,400
2013 $2,241 $129,700 $39,800 $89,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1809055

Northwest Multiple Listing Service (NWMLS)

APN: 800011-2901