NOT LISTED FOR SALE

19404 5th Ave E Spanaway, WA 98387

Estimated Value: $669,000 - $820,000

4 Beds
5 Baths
2,772 Sq Ft
$271/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $500,000 $180 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,810/month

31 Days on Market

Highlights

  • RV Access or Parking
  • Territorial View
  • Partially Fenced Property
  • 0.66 Acre Lot
  • Ceramic Tile Flooring

About This Home

As of May 2019

Amazing investing opportunity! This newer duplex features open concept floor plan, 3 Bedrooms, 2.5 baths, vaulted ceilings in living room with lots of natural light, granite tile on countertops and new carpet. Lots of parking space and privacy. The backyard extends beyond the fence. No HOA. Great rental history, Tenants would love to stay.

Last Agent to Sell the Property

Inga Legkun

Keller Williams Rty Tacoma License #108693 Listed on: 03/26/2019

Keller Williams Rty Tacoma

Last Buyer's Agent

Jonathan Hodgson

John L. Scott, Inc License #110447

John L. Scott, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1429655

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,835

Year Built

  • Built in 2007

Lot Details

  • 0.66 Acre Lot
  • Partially Fenced Property

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 10 Parking Spaces
  • 4 Covered Spaces
  • Open Parking
  • RV Access or Parking

Utilities

  • Septic Tank
  • Septic System

Community Details

  • Spanaway Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0318045029

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,835

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2007
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 0
  • Special Features: None
  • Cumulative Days on Market: 498

Interior Features

  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 10
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: FullyFenced
  • Utilities: Septic System, Electric
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Bethel

Lot Info

  • Parcel Number: 0318045029
  • Lot Size Acres: 0.66
  • Lot Size Sq Ft: 28750
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,RV Parking
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 3470

Multi Family

  • Gross Scheduled Income: 41640
  • Net Operating Income: 35704
  • Number Of Units Total: 2
  • Insurance Expense: 1101
  • Leasable Area: 2772
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2018
  • Tax Annual Amount: 4835

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2019
Closed on
May 20, 2019
Sold by
Antocica Denis and Antocica Anna
Bought by
Iheke Bonny
Seller's Agent
Inga Legkun
Keller Williams Rty Tacoma
Buyer's Agent
Jonathan Hodgson
John L. Scott, Inc
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%
Total Days on Market
31
Current Estimated Value
$751,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,967
Avg. Annual Appreciation
6.82%
Original Mortgage
$375,000
Outstanding Balance
$333,109
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$411,871

Purchase Details

Closed on
May 31, 2017
Sold by
General Contracting Inc
Bought by
Antocica Denis and Antocica Arina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2006
Sold by
Goldmark Homes Inc
Bought by
General Contracting Inc

Purchase Details

Closed on
Aug 25, 2004
Sold by
Gilman John L
Bought by
Goldmark Homes Inc
Source: Public Records

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Range of Values:

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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
Iheke Bonny $505,000 Ticor Title
Antocica Denis $335,619 Cw Title
General Contracting Inc $130,000 None Available
Goldmark Homes Inc $79,000 Ticor Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iheke Bonny $375,000
Previous Owner Antocica Denis $247,500
Previous Owner General Contracting Inc $330,000
Previous Owner General Contracting Inc $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2019 05/31/19 Sold $500,000 -4.8% $180 / Sq Ft
04/26/2019 04/26/19 Pending -- -- --
04/24/2019 04/24/19 For Sale $525,000 0.0% $189 / Sq Ft
04/20/2019 04/20/19 Pending -- -- --
03/26/2019 03/26/19 For Sale $525,000 -- $189 / 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
2024 $7,312 $668,400 $204,900 $463,500
2023 $7,312 $634,400 $211,100 $423,300
2022 $7,177 $605,300 $200,200 $405,100
2021 $6,527 $469,000 $132,200 $336,800
2019 $4,194 $390,900 $115,300 $275,600
2018 $4,835 $344,900 $104,500 $240,400
2017 $4,352 $311,500 $92,200 $219,300
2016 $4,147 $260,300 $77,900 $182,400
2014 $3,614 $247,500 $74,900 $172,600
2013 $3,614 $225,600 $64,600 $161,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1429655

Northwest Multiple Listing Service (NWMLS)

APN: 031804-5029