Listed by eXp Realty, Bought with Better Properties UP/Fircrest
NOT LISTED FOR SALE

19022 B St E Spanaway, WA 98387

Estimated Value: $553,000 - $620,000

4 Beds
2 Baths
1,944 Sq Ft
$302/Sq Ft Est. Value

Last Sold November 08, 2022

Last sale price $555,000 $285 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,548/month

11 Days on Market

Highlights

  • RV Access or Parking
  • No HOA
  • High Speed Internet
  • 0.5 Acre Lot
  • Vinyl Plank Flooring
  • Property is Fully Fenced

About This Home

As of November 2022

Clean and nicely renovated Duplex. Open concept with large living rooms and dining rooms that look out at the fully fenced back yard. Each side of this duplex has two bedrooms and one bathroom. They both have updated floors and bathrooms. Each side has a laundry closet and a one-car garage. Extra parking with each unit and it even has room to park an RV. Easy access to JBLM, 512 & I-5. Don’t miss this great opportunity to get into real estate investing with the potential to live in one side and rent the other.

Last Agent to Sell the Property

David Quantrell

eXp Realty License #21032608 Listed on: 09/29/2022

eXp Realty

Last Buyer's Agent

Thomas Meas

Better Properties UP/Fircrest License #113536

Better Properties UP/Fircrest

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2000865

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,027

Year Built

  • Built in 1981

Lot Details

  • 0.5 Acre Lot
  • Street terminates at a dead end
  • Property is Fully Fenced
  • Property is in good condition

Home Design

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

Interior Spaces

  • 1,944 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank
  • Vinyl

Parking

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

Utilities

  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Spanaway Subdivision

Listing and Financial Details

  • Assessor Parcel Number 031933-8-020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,027

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1981
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1944
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Vinyl Plank, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 8

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Septic System, Electric
  • PowerCompany: Tacoma Power
  • SewerCompany: Septic
  • WaterCompany: Spanaway Water

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Bethel
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 031933-8-020
  • Lot Size Acres: 0.5
  • Lot Size Sq Ft: 21780
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,High Speed Internet,RV Parking
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12.39
  • LeasedItems: None
  • TotalMonthlyIncome: 3700

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5027

Multi Family

  • Number Of Units Total: 2
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2022
Closed on
Oct 24, 2022
Sold by
Buck Joshua L and Buck Victoria
Bought by
Lam Matthias
Seller's Agent
David Quantrell
eXp Realty
Buyer's Agent
Thomas Meas
Better Properties UP/Fircrest
List Price
$550,000
Sold Price
$555,000
Premium/Discount to List
$5,000
0.91%
Views
1
Current Estimated Value
$586,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,363
Avg. Annual Appreciation
1.77%
Original Mortgage
$550,000
Outstanding Balance
$519,743
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$66,620

Purchase Details

Closed on
May 24, 2017
Sold by
Buck Joshua L
Bought by
Buck Joshua L and Buck Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,500
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2016
Sold by
Shorter Sonya R
Bought by
Buck Joshua L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,594
Interest Rate
3.92%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 18, 2003
Sold by
Shorter Sonya R
Bought by
Shorter Sonya R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.88%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 14, 2002
Sold by
Shorter Sonya R
Bought by
Shorter Sonya R and Sonya R Shorter Revocable Living Trust

Purchase Details

Closed on
Nov 4, 1994
Sold by
Schmidt Simon H
Bought by
Shorter Sonya R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
8.92%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lam Matthias -- First American Title
Buck Joshua L -- F A T C O
Buck Joshua L $187,719 Chicago Title
Shorter Sonya R -- Trans
Shorter Sonya R -- --
Shorter Sonya R $100,000 Rainier Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lam Matthias $550,000
Previous Owner Buck Joshua L $186,500
Previous Owner Buck Joshua L $184,594
Previous Owner Shorter Sonya R $90,000
Previous Owner Shorter Sonya R $61,000
Closed Shorter Sonya R $21,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2022 11/08/22 Sold $555,000 +0.9% $285 / Sq Ft
10/10/2022 10/10/22 Pending -- -- --
09/29/2022 09/29/22 For Sale $550,000 -- $283 / 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 $5,708 $527,100 $198,700 $328,400
2024 $5,708 $516,300 $198,700 $317,600
2023 $5,708 $488,800 $204,400 $284,400
2022 $5,027 $462,400 $197,300 $265,100
2021 $4,680 $329,200 $122,900 $206,300
2019 $3,189 $286,400 $106,500 $179,900
2018 $3,226 $256,500 $95,900 $160,600
2017 $3,226 $225,000 $85,200 $139,800
2016 $3,064 $188,000 $72,600 $115,400
2014 $2,642 $179,100 $68,800 $110,300
2013 $2,642 $161,300 $59,400 $101,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2000865

Northwest Multiple Listing Service (NWMLS)

APN: 031933-8020