NOT LISTED FOR SALE

22701 40th Ave E Spanaway, WA 98387

Estimated Value: $501,000 - $519,000

3 Beds
1 Bath
1,560 Sq Ft
$328/Sq Ft Est. Value

Last Sold August 11, 2021

Last sale price $465,000 $298 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,088/month

6 Days on Market

Highlights

  • Spa
  • Fruit Trees
  • Gazebo
  • RV Access or Parking
  • 1 Fireplace
  • Detached Garage

About This Home

As of August 2021

Welcome to your own little piece of paradise! This well loved & meticulously maintained Rambler sits on a half acre lot that is fully fenced with 2 gates. Home features include a front living room with a cozy fireplace, Updated Kitchen w/SS appliances, 3 bedrooms, a tastefully updated bathroom w/gorgeous granite counters, Barn Doors, and a HUGE family room/dining area. French Doors lead you to the large patio with a hot tub, pergola, enormous fenced backyard, Large Shop, Carport, Wood Shed, Storage Shed, and a paved RV Parking area with it's own gate & two 30 amp hookups! Brand New Electrical Panel, all newer appliances stay, AC to keep you cool, No HOA, Security System stays, this is the one!

Last Agent to Sell the Property

Melissa Blattler

Skyline Properties, Inc. License #118134 Listed on: 07/08/2021

Skyline Properties, Inc.

Last Buyer's Agent

Tamara Johnson

Best Choice Network LLC License #130343

Best Choice Network LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1803969

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1968

Lot Details

  • Street terminates at a dead end
  • Gated Home
  • Property is Fully Fenced
  • Level Lot
  • Fruit Trees

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1 Fireplace

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • Detached Garage
  • Attached Carport
  • RV Access or Parking

Outdoor Features

  • Spa
  • Patio
  • Gazebo
  • Outbuilding

Utilities

  • Septic System
  • Cable TV Available

Community Details

  • Bethel Community

Listing and Financial Details

  • Assessor Parcel Number 031813-2-055

Home Details

Home Type

Single Family

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, French Doors, Hot Tub/Spa
  • Floor Covering: Laminate, Vinyl, Wall To Wall Carpet
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1560
  • Square Footage Finished: 1560

Exterior Features

  • Exterior: Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition

Garage/Parking

  • Parking Type: Carport-Attached, Garage-Detached
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Central A/C, Heat Pump
  • Power Company: City of Tacoma
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Washington Water
  • Water Heater: Family Room Closet-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Bethel

Schools

  • School District: BTH

Lot Info

  • Lot Details: Dead End Street, Paved Street
  • Lot Sq Ft: 22000
  • Lot Topography Vegetation: Fruit Trees, Level
  • Parcel Number: 031813-2-055
  • Lot Topography: Fruit Trees, Level

Tax Info

  • Tax Amount: 4514

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2023
Sold by
Barna Amy Rose and Barna Erik Lee
Bought by
Hetrick Eric Lee
Current Estimated Value
$510,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,000
Outstanding Balance
$485,272
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$25,693

Purchase Details

Closed on
Jul 18, 2023
Sold by
Sfr Borrower 2022-1 Llc
Bought by
Hetrick Eric Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,000
Outstanding Balance
$485,272
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$25,693

Purchase Details

Listed on
Jul 8, 2021
Closed on
Aug 6, 2021
Sold by
Barnes Renee L and Barnes Benny E
Bought by
Hp Washington I Llc
Seller's Agent
Melissa Blattler
Skyline Properties, Inc.
Buyer's Agent
Tamara Johnson
Best Choice Network LLC
List Price
$450,000
Sold Price
$465,000
Premium/Discount to List
$15,000
3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.16%

Purchase Details

Closed on
Jun 17, 2016
Sold by
Barnes Renee L
Bought by
Barnes Renee L and Barnes Benny E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,798
Interest Rate
3.57%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 11, 2003
Sold by
Ford Bobby J
Bought by
Barnes Renee L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
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
Hetrick Eric Lee -- Cw Title
Hetrick Eric Lee -- Cw Title
Hp Washington I Llc $465,000 Cw Title
Barnes Renee L -- Chicago Title Company Of Wa
Barnes Renee L $150,000 Chicago Title Insurance Co
Barnes Renee L -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hetrick Eric Lee $505,000
Previous Owner Barnes Renee L $191,798
Previous Owner Barnes Renee L $120,000
Closed Barnes Renee L $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2021 08/11/21 Sold $465,000 +3.3% $298 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $450,000 -- $288 / 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 $5,027 $461,400 $184,400 $277,000
2024 $5,027 $455,100 $177,200 $277,900
2023 $5,027 $425,700 $172,800 $252,900
2022 $4,994 $452,200 $184,400 $267,800
2021 $4,514 $318,500 $117,500 $201,000
2019 $3,271 $285,600 $99,700 $185,900
2018 $3,720 $265,200 $81,900 $183,300
2017 $3,298 $236,700 $64,100 $172,600
2016 $2,855 $181,300 $57,700 $123,600
2014 $2,511 $166,900 $53,000 $113,900
2013 $2,511 $153,300 $48,200 $105,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1803969

Northwest Multiple Listing Service (NWMLS)

APN: 031813-2055