Listed by Agile Property Management LLC, Bought with Keller Williams Downtown Sea
NOT LISTED FOR SALE

227 167th St E Unit 229 Spanaway, WA 98387

Estimated Value: $674,000 - $827,752

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

Last Sold May 25, 2016

Last sale price $400,000 $135 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $4,649/month

29 Days on Market

Highlights

  • 0.39 Acre Lot
  • Property is in very good condition
  • 1-Story Property
  • Central Air
  • Wall to Wall Carpet

About This Home

As of May 2016

This duplex is a part of eight quality built duplexes, for a total of sixteen incomparable units with proven performance. Spanaway provides six, highly sought after rambler style units and Puyallup ten two story units. Each includes an attached two car garages, gas furnaces including air conditioning and privacy fencing. 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

Nicholas Vilvandre'

Keller Williams Downtown Sea License #107068

Keller Williams Downtown Sea

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 905902

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

Flooring

  • Wall to Wall Carpet
  • 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 7635000299

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: Vinyl, Carpet
  • Interior Amenities: Forced Air, Central A/C, 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: 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: Yes
  • Total Parking Spaces: 8

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

Schools

  • Junior High Dist: Bethel

Lot Info

  • Parcel Number: 7635000299
  • 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

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2910

Tax Info

  • Year: 2015
  • Tax Annual Amount: 5753

Multi Family

  • Number Of Units Total: 2
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2016
Closed on
Jun 17, 2016
Sold by
Horst Martha Elaine
Bought by
Horst Martha Elaine and The Revocable Living Trust Of Martha Ela
Seller's Agent
Theresa Neal
Agile Property Management LLC
Buyer's Agent
Nicholas Vilvandre'
Keller Williams Downtown Sea
List Price
$400,000
Sold Price
$400,000
Current Estimated Value
$757,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$357,188
Avg. Annual Appreciation
6.81%
Original Mortgage
$300,000
Outstanding Balance
$238,196
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$518,992

Purchase Details

Listed on
Mar 9, 2016
Closed on
May 20, 2016
Sold by
Almond Development Ii Llc
Bought by
Horst Martha Elaine
Seller's Agent
Theresa Neal
Agile Property Management LLC
Buyer's Agent
Nicholas Vilvandre'
Keller Williams Downtown Sea
List Price
$400,000
Sold Price
$400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$238,196
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$518,992
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
Horst Martha Elaine -- None Available
Horst Martha Elaine $399,719 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horst Martha Elaine $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2016 05/25/16 Sold $400,000 0.0% $135 / Sq Ft
04/08/2016 04/08/16 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 $5,768 $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: 905902

Northwest Multiple Listing Service (NWMLS)

APN: 763500-0299