Listed by Agile Property Management LLC, Bought with Puget Sound Homes Realty
NOT LISTED FOR SALE

205 167th St E Spanaway, WA 98387

Estimated Value: $737,000 - $791,000

6 Beds
4 Baths
2,964 Sq Ft
$255/Sq Ft Est. Value

Last Sold April 22, 2016

Last sale price $395,000 $133 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $4,729/month

22 Days on Market

Highlights

  • 0.39 Acre Lot
  • Ceramic Tile Flooring
  • Property is in very good condition
  • Thermal Windows
  • Central Air
  • 1-Story Property

About This Home

As of April 2016

This duplex is a part of a portfolio of eight quality duplexes in Spanaway and Puyallup. Sixteen units total with proven performance. Spanaway provides six, highly sought after rambler style units and Puyallup ten two story units. Each includes an attached 2 car garage, gas furnaces and air conditioning and privacy fencing. The duplex portfolio is listed - MLS#906796.

Last Agent to Sell the Property

Theresa Neal

Agile Property Management LLC License #111615 Listed on: 03/09/2016

Last Buyer's Agent

Hans Brown

Puget Sound Homes Realty License #9055

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 905882

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,753

Year Built

  • Built in 2007

Lot Details

  • 0.39 Acre Lot
  • Street terminates at a dead end
  • Property is in very good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 2,964 Sq Ft Home
  • 1-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Utilities

  • Central Air
  • Natural Gas Connected

Community Details

  • Lake Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7635000296

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,753

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
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2964
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Forced Air, Central A/C, Ceramic Tile, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street
  • View: No
  • Waterfront: No
  • Exterior Features: Cement/Concrete
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Cooling Y N: Yes
  • Utilities: Sewer Connected, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: Pierce County
  • WaterCompany: Spanaway Water Company
  • WaterSewerGarbage: 1464

Schools

  • Junior High Dist: Bethel

Lot Info

  • Parcel Number: 7635000296
  • Lot Size Acres: 0.3926
  • Lot Size Sq Ft: 17100
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2985

Multi Family

  • Gross Scheduled Income: 35544
  • Net Operating Income: 26646
  • Number Of Units Total: 2
  • Insurance Expense: 614
  • Leasable Area: 2964
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2015
  • Tax Annual Amount: 5753

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2016
Closed on
Apr 19, 2016
Sold by
Almond Development Ii Llc
Bought by
Reutimann Richard P
Seller's Agent
Theresa Neal
Agile Property Management LLC
Buyer's Agent
Hans Brown
Puget Sound Homes Realty
List Price
$400,000
Sold Price
$395,000
Premium/Discount to List
-$5,000
-1.25%
Current Estimated Value
$756,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$361,667
Avg. Annual Appreciation
8.07%
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
Reutimann Richard P $394,719 Rainier Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2016 04/22/16 Sold $395,000 -1.3% $133 / Sq Ft
04/01/2016 04/01/16 Pending -- -- --
03/09/2016 03/09/16 For Sale $400,000 -- $135 / 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 $8,608 $766,000 $205,800 $560,200
2024 $8,608 $778,300 $191,100 $587,200
2023 $8,608 $755,800 $182,300 $573,500
2022 $8,379 $772,800 $182,300 $590,500
2021 $8,125 $592,300 $108,100 $484,200
2019 $5,778 $538,400 $89,500 $448,900
2018 $6,117 $489,800 $81,500 $408,300
2017 $5,768 $401,400 $71,600 $329,800
2016 $5,753 $360,900 $61,700 $299,200
2014 $5,163 $351,800 $56,600 $295,200
2013 $5,163 $331,300 $47,300 $284,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 905882

Northwest Multiple Listing Service (NWMLS)

APN: 763500-0296