Listed by Keller Williams Realty, Bought with Morrison House Sotheby's Intl
NOT LISTED FOR SALE

18619 11th Avenue Ct E Spanaway, WA 98387

Estimated Value: $357,000 - $603,000

0.22 Acre
$2,445,100 Price per Acre
9,600 Sq Ft Lot

Last Sold February 29, 2024

Last sale price $525,000

Est. 3% increase in value since last sale

Current estimated payment $2,970/month

7 Days on Market

About This Lot

As of February 2024

Dreaming of building a home and having all the leg work done? You’ve got it here with a great opportunity for a shy quarter acre lot w/ backyard buffer for privacy. Shovel ready and prepared to start construction with approved and paid for plans for a 2170 square foot home, building permit and impact fees. Non-Owner Occupant Seller financing for the lot and up to $250k construction costs under the following terms: 50% of the lot cost down payment, 12% APR w/interest reserve, Origination fee 3% for 6 month or 4% for 8 month loan term, $950 UW fee and $150 draw fee per construction draw with approval of buyer's finances. Take your pick of 3 available lots that all have sewer, power and water on site. Adjacent lots MLS 2176885 & 2176858.

Last Agent to Sell the Property

Bobby Brown

Keller Williams Realty License #23234 Listed on: 11/07/2023

Keller Williams Realty

Last Buyer's Agent

Kayley Franklin

Morrison House Sotheby's Intl License #119546

Morrison House Sotheby's Intl

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2176889

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,435

Lot Details

  • 9,600 Sq Ft Lot
  • Level Lot
  • Zoning described as SF

Community Details

  • No Home Owners Association
  • Jesse Kim Estates Condos
  • Spanaway Subdivision

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 4786000240

Property Details

Property Type

Land

Est. Annual Taxes

$1,435

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 40 - Res-Less thn 1 Ac
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Jesse-Kim Estates
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • PropertyFeatures: Brush
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Lot Features: Paved
  • Road Surface Type: Paved
  • View: No
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: Paved
  • RoadOnWhichSide: West
  • WaterJurisdiction: Spanaway Water

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Available, On Property
  • Water Source: Available, On Property
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: Yes
  • Utilities: Natural Gas Available, Electricity Connected
  • ElectricityStatus: On Property
  • GasStatus: In Street

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Bethel

Lot Info

  • Parcel Number: 4786000240
  • Topography: Level
  • Lot Size Acres: 0.2204
  • Lot Size Sq Ft: 9600
  • Zoning Description: SF
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: County
  • ZoningClass: Residential
  • LotNumber: 24

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1435

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2023
Closed on
Feb 29, 2024
Sold by
Viewcrest Capital Llc
Bought by
Sager Family Homes Inc
Seller's Agent
Bobby Brown
Keller Williams Realty
Buyer's Agent
Kayley Franklin
Morrison House Sotheby's Intl
List Price
$175,000
Sold Price
$525,000
Premium/Discount to List
$350,000
200%
Views
33
Current Estimated Value
$538,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,900
Avg. Annual Appreciation
1.70%
Original Mortgage
$385,045
Outstanding Balance
$378,979
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$159,921

Purchase Details

Closed on
Jan 8, 2020
Sold by
Triton Development Sf2 Llc
Bought by
Viewcrest Capital Llc

Purchase Details

Closed on
Dec 2, 2016
Sold by
Providence 2 Llc
Bought by
Triton Development Sf2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$882,762
Interest Rate
4.03%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 16, 2015
Closed on
May 19, 2016
Sold by
Boeing Employees Credit Union
Bought by
Providence 2 Llc
Seller's Agent
Calvin Gligorea
Better Properties Kent LLC
Buyer's Agent
Dick Irwin
Haskell Realty
List Price
$20,000
Sold Price
$10,000
Premium/Discount to List
-$10,000
-50%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.53%

Purchase Details

Closed on
Mar 4, 2015
Sold by
Strom Michael L and Strom Nicole V
Bought by
Boeing Employees Credit Union

Purchase Details

Closed on
Jul 8, 2005
Sold by
Lane Virginia M
Bought by
Strom Michael L and Strom Nellya
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sager Family Homes Inc $525,000 Cw Title
Viewcrest Capital Llc -- None Available
Triton Development Sf2 Llc $104,719 Chicago Title Company Of Wa
Providence 2 Llc $20,000 Wfg Natl Title
Boeing Employees Credit Union -- None Available
Strom Michael L $22,500 Fatco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sager Family Homes Inc $385,045
Previous Owner Caladonia Partners Llc $483,534
Previous Owner Triton Development Sf2 Llc $882,762
Previous Owner Strom Michael L $34,800
Previous Owner Strom Michael L $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $525,000 +200.0% --
11/14/2023 11/14/23 Pending -- -- --
11/07/2023 11/07/23 For Sale $175,000 +1650.0% --
06/01/2016 06/01/16 Sold $10,000 -50.0% --
01/25/2016 01/25/16 Pending -- -- --
03/16/2015 03/16/15 For Sale $20,000 -- --
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 $1,491 $134,900 $134,900 --
2024 $1,491 $134,900 $134,900 --
2023 $1,491 $138,700 $138,700 $0
2022 $1,304 $133,900 $133,900 $0
2021 $1,029 $77,500 $77,500 $0
2019 $761 $74,600 $74,600 $0
2018 $875 $67,200 $67,200 $0
2017 $756 $59,700 $59,700 $0
2016 $884 $59,200 $59,200 $0
2014 $711 $56,100 $56,100 $0
2013 $711 $48,400 $48,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2176889

Northwest Multiple Listing Service (NWMLS)

APN: 478600-0240