NOT LISTED FOR SALE

230 to 232 169th St S Spanaway, WA 98387

Estimated Value: $502,312 - $605,000

4 Beds
2 Baths
1,755 Sq Ft
$319/Sq Ft Est. Value

Last Sold July 10, 2017

Last sale price $295,000 $168 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $3,454/month

4 Days on Market

Highlights

  • Territorial View
  • Open Space
  • Wall to Wall Carpet
  • Patio
  • Property is Fully Fenced
  • 1-Story Property

About This Home

As of July 2017

Beautiful duplex in a good location. Great investment opportunity. One side already rented. Live in one side or rent both. Vacant side has brand new floors, freshly painted & ready to move in. Huge fenced back yard and large patio for gatherings. All appliances stay. New 50yr roof, gutters, downspouts, water heater and furnace. Come take a look, you'll love it!!

Last Buyer's Agent

Angela Aneff

Terrafin License #120254

Terrafin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1123852

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,400

Year Built

  • Built in 1967

Lot Details

  • 0.35 Acre Lot
  • Open Space
  • Property is Fully Fenced
  • Property is in good condition

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,755 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Schools

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

Utilities

  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • Spanaway Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 502500-347-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,400

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1967
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1755
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Open Space, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: PartiallyFenced
  • Utilities: Cable Connected, Natural Gas Available, Septic System, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • WaterCompany: Spanaway
  • WaterSewerGarbage: 100

Schools

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

Lot Info

  • Parcel Number: 502500-347-0
  • Lot Size Acres: 0.3471
  • Lot Size: 15120
  • Lot Size Sq Ft: 15120
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Gas Available,Patio
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 1775

Multi Family

  • Gross Scheduled Income: 21300
  • Net Operating Income: 15910
  • Number Of Units Total: 2
  • Insurance Expense: 790
  • Leasable Area: 1755
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2016
  • Tax Annual Amount: 3400

MLS Schools

  • Elementary School: Spanaway Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2017
Closed on
Jul 3, 2017
Sold by
Nitz James M and Caraballo Michael B
Bought by
Blenheim Kieli and Clark Norma
Buyer's Agent
Angela Aneff
Terrafin
List Price
$270,000
Sold Price
$295,000
Premium/Discount to List
$25,000
9.26%
Current Estimated Value
$559,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,078
Avg. Annual Appreciation
8.08%
Original Mortgage
$225,121
Outstanding Balance
$188,208
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$370,870

Purchase Details

Closed on
Dec 1, 2006
Sold by
Caraballo Amy Marie
Bought by
Caraballo Michael B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2002
Sold by
Divorne Shahn
Bought by
Divorne Shahn A and Divorne Cindy Jo
Source: Public Records

Range of Values:

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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
Blenheim Kieli $294,719 Stewart Title
Caraballo Michael B -- Fidelity National Title
Nitz James M -- Fidelity National Title
Nitz James M $225,000 Fidelity National Title
Divorne Shahn A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blenheim Kieli $225,121
Previous Owner Nitz James M $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2017 07/10/17 Sold $295,000 +9.3% $168 / Sq Ft
05/20/2017 05/20/17 Pending -- -- --
05/15/2017 05/15/17 For Sale $270,000 -- $154 / 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 $5,874 $521,400 $208,600 $312,800
2024 $5,874 $534,900 $199,000 $335,900
2023 $5,874 $505,400 $184,800 $320,600
2022 $5,256 $532,400 $184,800 $347,600
2021 $4,753 $335,300 $107,100 $228,200
2019 $3,374 $285,900 $90,800 $195,100
2018 $3,334 $274,000 $81,400 $192,600
2017 $3,334 $233,600 $69,800 $163,800
2016 $3,079 $206,300 $53,100 $153,200
2014 $2,460 $180,300 $52,200 $128,100
2013 $2,460 $154,900 $45,600 $109,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1123852

Northwest Multiple Listing Service (NWMLS)

APN: 502500-3470