Listed by Keller Williams Realty PS
NOT LISTED FOR SALE

22402 40th Ave E Unit 22406 Spanaway, WA 98387

Estimated Value: $624,000 - $714,000

6 Beds
5 Baths
3,420 Sq Ft
$200/Sq Ft Est. Value

Sale Details

Date Sold: November 20, 2014

Last sale price $235,000 $69 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $4,357 / mo

344 Days on Market

Highlights

  • Corner Lot
  • Wood Siding
  • Wall to Wall Carpet

About This Home

As of November 2014

Incredible investment opportunity. Tri-Plex with 2 bed, 1.5 bath and garage with all kitchen appliances included for each unit. Schedule a time to see it today.

Last Agent to Sell the Property

Brian Solinsky

Keller Williams Realty PS License #23864 Listed on: 07/06/2013

Keller Williams Realty PS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 514329

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,362

Year Built

  • Built in 1980

Lot Details

  • 24,400 Sq Ft Lot
  • Corner Lot

Home Design

  • Triplex
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 3,420 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 3 Covered Spaces
  • Open Parking

Utilities

  • Septic Tank
  • Septic System

Community Details

  • Spanaway Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0318136005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,362

Year Built

Built in 1980

Lot Details

0.56 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1980
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • Structure Type: Triplex
  • CalculatedSquareFootage: 3420
  • Special Features: 12

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 11

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: SecuritySystem
  • Heating Yn: Yes
  • Utilities: Septic System, Electric

Schools

  • Junior High Dist: Franklin Pierce

Lot Info

  • Parcel Number: 0318136005
  • Lot Size Acres: 0.5601
  • Lot Size Sq Ft: 24400
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2450

Tax Info

  • Year: 2010
  • Tax Annual Amount: 4362

Multi Family

  • Number Of Units Total: 3
  • UnitsBelowGrade: false

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2013
Closed on
Nov 18, 2014
Sold by
Bought by
Seller's Agent
Brian Solinsky
Keller Williams Realty PS
List Price
$249,000
Sold Price
$235,000
Premium/Discount to List
-$14,000
-5.62%
Current Estimated Value
$688,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$453,667
Avg. Annual Appreciation
9.60%
Original Mortgage
$265,109
Interest Rate
0.0425%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 24, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
0.0775%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$234,719 Ticor
$255,000 Fat
$158,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $265,109
Closed $204,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/20/2014 11/20/14 Sold $235,000 -5.6% $69 / Sq Ft
06/20/2014 06/20/14 Pending -- -- --
07/10/2013 07/10/13 For Sale $249,000 -- $73 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,642 $631,600 $189,200 $442,400
2024 $7,642 $636,400 $181,800 $454,600
2023 $7,642 $606,900 $177,300 $429,600
2022 $7,374 $603,900 $189,200 $414,700
2021 $6,918 $462,300 $121,000 $341,300
2019 $4,828 $407,900 $102,700 $305,200
2018 $5,421 $360,200 $84,300 $275,900
2017 $4,797 $321,200 $66,000 $255,200
2016 $4,347 $246,000 $59,500 $186,500
2014 $4,030 $236,300 $54,600 $181,700
2013 $4,030 $230,000 $49,800 $180,200
Source: Public Records

Agents Affiliated with this Home

  • Brian Solinsky

    Seller's Agent in 2014

    Brian Solinsky

    Keller Williams Realty PS

    (253) 278-7857

    87 Total Sales

    Brian Solinsky
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 514329

Northwest Multiple Listing Service (NWMLS)

APN: 031813-6005

Washington Pierce County Spanaway 98387

22402 40th Ave E Unit 22406, Spanaway, WA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2026 NWMLS.
Based on information submitted to the MLS GRID
Listings courtesy of Northwest Multiple Listing Service (NWMLS) as distributed by MLS GRID

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