Listed by Dove Realty, Inc., Bought with John L. Scott, Inc
$505,000
SOLD APR 11, 2025

2805 224th St E Spanaway, WA 98387

2 Beds
1 Bath
1,639 Sq Ft
5.54 Acres

Recently Sold

$308 Per Sq Ft

Highlights

  • 5.54 Acre Lot
  • No HOA
  • Bathroom on Main Level
  • Property is near public transit and bus stop
  • 1 Car Detached Garage
  • 1-Story Property

About This Home

As of April 2025

Rare find of 5.46 acres close to shopping and schools. This 2bd 1 bath 1639sqft home has new flooring, paint inside and out, appliances and much more. The basement is partially finished with a potential of a 3rd bedroom and bonus space. Completely level lot to allow you to do whatever you want with the land. Lot is not subdividable right now but maybe in the future.

Last Agent to Sell the Property

Teri Hill

Dove Realty, Inc. License #13559 Listed on: 09/25/2024

Last Buyer's Agent

Saab Singh

John L. Scott, Inc License #93302

John L. Scott, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2295035

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,005

Year Built

  • Built in 1940

Lot Details

  • 5.54 Acre Lot
  • South Facing Home
  • Level Lot
  • Property is in very good condition

Parking

  • 1 Car Detached Garage

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,639 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Stove
  • Partially Finished Basement

Flooring

  • Carpet
  • Laminate
  • Concrete

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Location

  • Property is near public transit and bus stop

Utilities

  • Forced Air Heating System
  • Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Bethel Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,005

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1940
  • Inclusions: Refrigerator(s),Stove(s)/Range(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 2164
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DetachedDwellingSqFtFinished: 0
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2295035?w=Consumer&agent=16801
  • Special Features: None

Interior Features

  • Basement: Partially Finished
  • Appliances: Refrigerator(s), Stove(s)/Range(s)
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Concrete, Laminate, Carpet
  • Interior Amenities: Concrete, Dining Room, Laminate, Water Heater
  • Living Area: 1639
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • BathsFullMain: 1
  • SquareFootageFinished: 1639
  • SquareFootageUnfinished: 525
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Refrigerator(s),Stove(s)/Range(s)

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Direction Faces: South
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Detached Garage
  • Total Parking Spaces: 1

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: TPU
  • SewerCompany: Septic
  • WaterCompany: Washington Water
  • WaterHeaterLocation: Basement
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Bethel
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 0318117018
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 5.5372
  • Lot Size Sq Ft: 241203
  • Zoning: R5
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV
  • MLSLotSizeSource: Owner
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 9005

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2024
Closed on
Apr 10, 2025
Sold by
Crate Kevin W and Secured Holdings Llc
Bought by
Singh Saroop and Kaur Pawanpreet
Seller's Agent
Teri Hill
Dove Realty, Inc.
Buyer's Agent
Saab Singh
John L. Scott, Inc
List Price
$507,500
Sold Price
$505,000
Premium/Discount to List
-$2,500
-0.49%
Views
30
Current Estimated Value
$549,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,966
Avg. Annual Appreciation
12.93%
Original Mortgage
$404,000
Outstanding Balance
$402,245
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$153,656

Purchase Details

Closed on
Jun 25, 2024
Sold by
Crate Kevin W and Secured Holdings Llc
Bought by
Pierce County

Purchase Details

Closed on
Nov 3, 2017
Sold by
Crate Kevin W
Bought by
Secured Holdings Llc

Purchase Details

Closed on
Apr 18, 2007
Sold by
Crate Properties Inc
Bought by
Crate Kevin W

Purchase Details

Closed on
Apr 12, 2005
Sold by
Crate Properties Inc
Bought by
Union Bank Of California Na and Crate Properties Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $505,000 Aegis Land Title
Warranty Deed -- None Listed On Document
Quit Claim Deed $155,410 None Available
Warranty Deed $278,000 None Available
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $404,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2025 04/11/25 Sold $505,000 -0.5% $308 / Sq Ft
02/19/2025 02/19/25 Pending -- -- --
01/25/2025 01/25/25 For Sale $507,500 0.0% $310 / Sq Ft
10/08/2024 10/08/24 Pending -- -- --
09/25/2024 09/25/24 For Sale $507,500 -- $310 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $8,845 $533,300 $336,500 $196,800
2024 $8,845 $421,200 $228,600 $192,600
2023 $8,845 $779,000 $448,400 $330,600
2022 $8,349 $805,100 $448,400 $356,700
2021 $7,803 $568,800 $284,500 $284,300
2019 $5,726 $513,700 $250,000 $263,700
2018 $5,827 $485,400 $250,000 $235,400
2017 $5,827 $428,900 $209,300 $219,600
2016 $5,559 $349,400 $180,800 $168,600
2014 $2,367 $340,400 $180,800 $159,600
2013 $2,367 $305,100 $156,000 $149,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2295035

Northwest Multiple Listing Service (NWMLS)

APN: 031811-3053