Listed by Hawkins Poe, Bought with John L. Scott, Inc.
NOT LISTED FOR SALE

229 174th St S Unit A-B Spanaway, WA 98387

Estimated Value: $703,000 - $752,959

6 Beds
5 Baths
2,782 Sq Ft
$261/Sq Ft Est. Value

Last Sold January 10, 2014

Last sale price $330,000 $119 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $4,700/month

123 Days on Market

About This Home

As of January 2014

Looking for investment properties with zero maintenance? These buildings have been meticulously maintained and show like brand new. Great open floor plans with master suites in each duplex. Rent both units or live in one and rent out the other. Hardiplank siding, 30 year roof, high end finish materials and quality construction. Nice street with perfect convenient location to JBLM and PLU. Secure tenants are already in place which means you don’t have to do a thing but close - Instant income!

Last Agent to Sell the Property

Jenny Gullikson

Hawkins Poe License #76396 Listed on: 07/22/2013

Hawkins Poe

Last Buyer's Agent

Beau Towne

John L. Scott, Inc. License #52954

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 522514

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,642

Year Built

  • Built in 2011

Lot Details

  • 0.26 Acre Lot

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,782 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Utilities

  • Septic Tank
  • Septic System

Community Details

  • Lake Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5025003822

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,642

Year Built

Built in 2011

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2011
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2782
  • Special Features: VirtualTour
  • Cumulative Days on Market: 469

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • 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: Septic Tank
  • Water Source: Public
  • Utilities: Septic System, Electric
  • WaterSewerGarbage: 115

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 5025003822
  • Lot Size Acres: 0.2583
  • Lot Size Sq Ft: 11252
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 2566

Multi Family

  • Gross Scheduled Income: 30792
  • Net Operating Income: 24766
  • Number Of Units Total: 2
  • Insurance Expense: 421
  • Leasable Area: 2782
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 6

Tax Info

  • Year: 2013
  • Tax Annual Amount: 3642

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2016
Sold by
Hung Winifred H
Bought by
Hung Winifred H and Winifred H Hung Revocable Living Trust
Current Estimated Value
$745,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,100
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 22, 2013
Closed on
Jan 1, 2014
Sold by
Almond Development Ii Llc
Bought by
Hung Winifred H and Winifred H Hung Revocable Living Trust
Seller's Agent
Jenny Gullikson
Hawkins Poe
Buyer's Agent
Beau Towne
John L. Scott, Inc.
List Price
$350,000
Sold Price
$330,000
Premium/Discount to List
-$20,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.92%
Original Mortgage
$231,000
Interest Rate
4.26%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Hung Winifred H -- Servicelink
Hung Winifred H $330,000 Rainier Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hung Winifred H $214,700
Closed Hung Winifred H $226,100
Closed Hung Winifred H $231,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2014 01/10/14 Sold $330,000 -5.7% $119 / Sq Ft
11/27/2013 11/27/13 Pending -- -- --
07/26/2013 07/26/13 For Sale $350,000 -- $126 / 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 $7,423 $658,900 $199,300 $459,600
2024 $7,423 $668,100 $190,100 $478,000
2023 $7,423 $645,500 $173,600 $471,900
2022 $7,118 $686,000 $173,600 $512,400
2021 $6,477 $465,400 $100,600 $364,800
2019 $4,581 $393,600 $85,300 $308,300
2018 $4,997 $380,900 $76,500 $304,400
2017 $4,485 $325,800 $64,200 $261,600
2016 $4,255 $290,600 $48,800 $241,800
2014 $3,318 $256,800 $47,900 $208,900
2013 $3,318 $218,200 $41,900 $176,300
Source: Public Records

Agents Affiliated with this Home

  • Jenny Gullikson

    Seller's Agent in 2014

    Jenny Gullikson

    Hawkins-Poe

    (253) 973-4140

    68 Total Sales

    Section Image
  • Beau Towne

    Buyer's Agent in 2014

    Beau Towne

    John L Scott

    (253) 228-1629

    5 in this area

    71 Total Sales

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 522514

Northwest Multiple Listing Service (NWMLS)

APN: 502500-3822

Washington Pierce County Spanaway 98387

229 174th St S Unit A-B, Spanaway, WA

This home is located at 229 174th St S Unit A-B, Spanaway, WA 98387 since 22 July 2013 and is currently estimated at $727,240, approximately $261 per square foot. This property was built in 2011. 229 174th St S Unit A-B is a home located in Pierce County with nearby schools including Spanaway Elementary School, Spanaway Middle School, and Spanaway Lake High School.

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. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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