Listed by Keller Williams Realty, Bought with COMPASS
NOT LISTED FOR SALE

227 170th St E Spanaway, WA 98387

Estimated Value: $610,000 - $665,000

6 Beds
3 Baths
2,656 Sq Ft
$240/Sq Ft Est. Value

Last Sold December 24, 2013

Last sale price $245,000 $92 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $3,921/month

8 Days on Market

About This Home

As of December 2013

If you've looked before, look again, this is NOT the same property!! New paint, new gutters, new plumbing, it's been spit shined and polished and is just waiting for the next real estate baron or baroness to start building or add to their real estate empire! This triplex sits at the end of a quiet street and is on a shy 1/3 acre lot with lots of elbow room. Unit C upstairs has been recently completely renovated with all new carpet, vinyl and paint and would be perfect for an owner/occupant!

Last Agent to Sell the Property

John Hurlbut

Keller Williams Realty License #51494 Listed on: 11/14/2013

Keller Williams Realty

Last Buyer's Agent

Rocky Poulin

COMPASS License #77369

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 565909

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,000

Year Built

  • Built in 1978

Lot Details

  • 0.32 Acre Lot

Home Design

  • Triplex
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,656 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 9 Parking Spaces
  • Open Parking

Schools

  • Thompson Elementary School
  • Spanaway Jnr High Middle School
  • Spanaway Lake High School

Utilities

  • Septic Tank
  • Septic System

Community Details

  • Spanaway Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5025000520

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,000

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1978
  • Buyer Agency Compensation: 3.0%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2656
  • SOCComments: 3%, Not short not REO, You deserve it!
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete, Slab
  • Structure Type: Triplex

Garage/Parking

  • Carport Spaces: 3
  • Carport Y N: No
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 9
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Septic Tank
  • Heating Yn: Yes
  • Utilities: Septic System, Electric
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Bethel
  • High School: Spanaway Lake High
  • Middle Or Junior School: Spanaway Jnr High

Lot Info

  • Parcel Number: 5025000520
  • Lot Size Acres: 0.3213
  • Lot Size Sq Ft: 13996
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 9
  • LeasedItems: None
  • TotalMonthlyIncome: 2400

Multi Family

  • Gross Scheduled Income: 28800
  • Net Operating Income: 23465
  • Number Of Units Total: 3
  • Electric Expense: 500
  • Insurance Expense: 600
  • Leasable Area: 2656
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2013
  • Tax Annual Amount: 3000

MLS Schools

  • Elementary School: Thompson Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2013
Closed on
Dec 23, 2013
Sold by
Baretich Bethanne
Bought by
Majer Ii Paul Andrew
Seller's Agent
John Hurlbut
Keller Williams Realty
Buyer's Agent
Rocky Poulin
COMPASS
List Price
$250,000
Sold Price
$245,000
Premium/Discount to List
-$5,000
-2%
Current Estimated Value
$638,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$393,547
Avg. Annual Appreciation
8.92%
Original Mortgage
$240,562
Interest Rate
3.87%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Majer Ii Paul Andrew $245,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Majer Ii Paul Andrew $240,562
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/24/2013 12/24/13 Sold $245,000 -2.0% $92 / Sq Ft
11/23/2013 11/23/13 Pending -- -- --
11/14/2013 11/14/13 For Sale $250,000 -- $94 / 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 $6,434 $559,500 $201,400 $358,100
2024 $6,434 $563,200 $187,000 $376,200
2023 $6,434 $528,100 $172,200 $355,900
2022 $5,961 $519,400 $172,200 $347,200
2021 $5,559 $380,500 $102,100 $278,400
2019 $3,805 $324,400 $84,600 $239,800
2018 $3,859 $295,100 $77,000 $218,100
2017 $3,859 $243,700 $67,600 $176,100
2016 $3,350 $218,100 $58,200 $159,900
2014 $3,000 $188,000 $53,400 $134,600
2013 $3,000 $172,800 $44,600 $128,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 565909

Northwest Multiple Listing Service (NWMLS)

APN: 502500-0520