Listed by Terrafin, Bought with Premier Real Estate Partners
NOT LISTED FOR SALE

18518 25th Ave E Tacoma, WA 98445

Estimated Value: $583,000 - $698,822

3 Beds
2 Baths
1,868 Sq Ft
$350/Sq Ft Est. Value

Last Sold July 03, 2024

Last sale price $700,000 $375 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $3,996/month

25 Days on Market

Highlights

  • 1.01 Acre Lot
  • Contemporary Architecture
  • 1 Fireplace
  • Wood Burning Stove
  • Property is near public transit
  • No HOA

About This Home

As of July 2024

Desirable Rambler on just over 1 Acre! Perfect space for car enthusiast or enjoying all your hobbies! Open living, new windows, 2022 installed HVAC heat & AC dual zone ductless system. Updated bright & white kitchen offers granite sink, under cabinet lighting, SS appliances & LV flooring. Plenty of storage space & large walk-in pantry & utility room. 8 car covered parking- HUGE 40 x 48 ft detached shop/garage-1,920 sq. ft. w/ 3 bay doors & 1 walk in. Insulated & has a separate heated stall for your projects. 10,000 lb. car lift, 80 gallon high volume air compressor system & 220 volt exhaust fan. Private outdoor covered living & includes 14 ft swim spa, a new large trex deck surround. Another 10’ X 10’ shed w/ loft area and chicken coop.

Last Agent to Sell the Property

Dennis Folk

Terrafin License #25739 Listed on: 04/30/2024

Terrafin

Last Buyer's Agent

Matthew Gerrish

Premier Real Estate Partners License #27973

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2230313

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,731

Year Built

  • Built in 1988

Lot Details

  • 1.01 Acre Lot
  • Level Lot

Parking

  • 8 Car Garage

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,868 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Wood Burning Stove

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Cedarcrest Jnr High Middle School
  • Spanaway Lake High School

Utilities

  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Baseboard Heating
  • Heating System Mounted To A Wall or Window
  • Propane
  • Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Spanaway Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,731

Year Built

Built in 1988

Lot Details

0

Parking

8

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1988
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwashers,Dryers,Microwaves,Refrigerators,StovesRanges,Washers
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Northwest Contemporary
  • Building Name: 22nd Ave Estates
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1868
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2230313?w=Consumer&agent=58429
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Ceramic Tile, Laminate Tile, Fireplace, Water Heater
  • Living Area: 1868
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • BathsFullMain: 1
  • SquareFootageFinished: 1868
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 8
  • Garage Spaces: 8
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage, Detached Garage
  • Total Parking Spaces: 8

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Ductless HP-Mini Split, Heat Pump
  • Cooling Y N: Yes
  • Heating: Baseboard, Ductless HP-Mini Split, Stove/Free Standing, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: TPU
  • SewerCompany: SEPTIC
  • WaterCompany: Spanaway Water
  • WaterHeaterLocation: Hall Closet
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 91420002000
  • Topography: Level,PartialSlope
  • Land Lease: No
  • Lot Size Acres: 1.0058
  • Lot Size Sq Ft: 43813
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: county records
  • LotNumber: 20

Green Features

  • Power Production Type: Electric, Propane

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 6731

Multi Family

  • EnergySource: Electric,Propane

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2024
Closed on
Jul 1, 2024
Sold by
Mcmahon Phillip R and Mcmahon Lyanna J
Bought by
Bright Mark and Burkholder Mary
Seller's Agent
Dennis Folk
Terrafin
Buyer's Agent
Matthew Gerrish
Premier Real Estate Partners
List Price
$749,900
Sold Price
$700,000
Premium/Discount to List
-$49,900
-6.65%
Views
10
Current Estimated Value
$652,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$47,044
Avg. Annual Appreciation
-4.75%
Original Mortgage
$264,000
Outstanding Balance
$260,816
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$392,140

Purchase Details

Listed on
Jul 25, 2012
Closed on
Aug 10, 2012
Sold by
Deutsche Bank National Trust Company
Bought by
Mcmahon Phillip R and Mcmahon Lyanna J
Seller's Agent
Kris Huber
Windermere RE West Campus Inc
Buyer's Agent
Dennis Folk
Terrafin
List Price
$178,900
Sold Price
$178,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.28%
Original Mortgage
$143,100
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2012
Sold by
Maggitti Michael A and Maggitti Diana L
Bought by
Deutsche Bank National Trust Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,100
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 1994
Sold by
Stover Marvin L
Bought by
Maggitti Michael A and Maggitti Diana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,736
Interest Rate
8.56%
Mortgage Type
Assumption
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bright Mark $700,000 Ticor Title
Mcmahon Phillip R $178,900 Fidelity National Title
Deutsche Bank National Trust Company $186,886 None Available
Maggitti Michael A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bright Mark $264,000
Previous Owner Mcmahon Phillip R $143,100
Previous Owner Maggitti Michael A $121,736
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/03/2024 07/03/24 Sold $700,000 -4.1% $375 / Sq Ft
05/25/2024 05/25/24 Pending -- -- --
05/15/2024 05/15/24 Price Changed $729,900 -2.7% $391 / Sq Ft
04/30/2024 04/30/24 For Sale $749,900 +319.2% $401 / Sq Ft
09/25/2012 09/25/12 Sold $178,900 0.0% $96 / Sq Ft View Prior Sale
08/07/2012 08/07/12 Pending -- -- --
07/25/2012 07/25/12 For Sale $178,900 -- $96 / 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 $6,731 $605,800 $244,800 $361,000
2024 $6,731 $608,300 $255,100 $353,200
2023 $6,731 $577,600 $246,500 $331,100
2022 $6,507 $605,500 $234,500 $371,000
2021 $6,032 $430,500 $149,900 $280,600
2019 $4,262 $385,900 $129,900 $256,000
2018 $4,861 $364,800 $116,900 $247,900
2017 $4,434 $327,100 $104,000 $223,100
2016 $4,124 $262,400 $89,700 $172,700
2014 $3,205 $247,100 $85,100 $162,000
2013 $3,205 $226,700 $73,400 $153,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2230313

Northwest Multiple Listing Service (NWMLS)

APN: 914200-0200