Listed by Safe Harbor Property Mgmt, LLC, Bought with WeLakeside
NOT LISTED FOR SALE

316 192nd St E Spanaway, WA 98387

Estimated Value: $588,000 - $698,000

6 Beds
4 Baths
2,844 Sq Ft
$225/Sq Ft Est. Value

Last Sold October 13, 2021

Last sale price $520,000 $183 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,902/month

58 Days on Market

Highlights

  • 0.58 Acre Lot
  • Patio
  • Wood Siding
  • Thermal Windows
  • Partially Fenced Property
  • Wall to Wall Carpet

About This Home

As of October 2021

Awesome rental property available in Spanaway! Two occupied units and wonderful tenants with great income. The left unit is over 1300 sq ft with a second kitchen and (2) bonus rooms! Could be used as a Multi-Generational unit!!! Large back yard.
Double pane windows, and lots of living space. Large lot with minor upkeep required Convenient location with easy access to Hwy 7, JBLM, Tacoma, and more. You don't want to miss this one!! Pre-Inspection Available.

Last Agent to Sell the Property

Marie Pettie

Safe Harbor Property Mgmt, LLC License #23807 Listed on: 06/12/2021

Last Buyer's Agent

Jackie Cunningham

WeLakeside License #121624

WeLakeside

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1790832

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,787

Year Built

  • Built in 1979

Lot Details

  • 0.58 Acre Lot
  • Partially Fenced Property

Home Design

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

Interior Spaces

  • 2,844 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 5 Parking Spaces
  • 1 Covered Space
  • Open Parking

Outdoor Features

  • Patio

Schools

  • Camas Prairie Elementary School
  • Cedarcrest Jnr High Middle School
  • Spanaway Lake High School

Utilities

  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • Spanaway Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 0318045012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,787

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1979
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2844
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: Commission pd on original listing price
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

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

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking: Yes
  • Total Parking Spaces: 5

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Septic System, Electric
  • PowerCompany: TPU
  • SewerCompany: Septic
  • WaterCompany: Spanaway Water Co

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Parcel Number: 0318045012
  • Lot Size Acres: 0.58
  • Lot Size Sq Ft: 25265
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Patio
  • MLSLotSizeSource: Public Records
  • ZoningClass: Multi-Family
  • LotNumber: 1

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 3175

Tax Info

  • Year: 2021
  • Tax Annual Amount: 5787

Multi Family

  • Number Of Units Total: 2
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Camas Prairie Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2021
Closed on
Sep 13, 2021
Sold by
Miller Reynaldo Daniel
Bought by
Dorsey Julie A
Seller's Agent
Marie Pettie
Safe Harbor Property Mgmt, LLC
Buyer's Agent
Jackie Cunningham
WeLakeside
List Price
$547,000
Sold Price
$520,000
Premium/Discount to List
-$27,000
-4.94%
Current Estimated Value
$638,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,821
Avg. Annual Appreciation
5.01%
Original Mortgage
$390,000
Outstanding Balance
$354,871
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$283,950

Purchase Details

Closed on
Jul 17, 2014
Sold by
Bear Valley Enterprises Llc
Bought by
Miller Reynaldo Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
4.1%
Mortgage Type
VA

Purchase Details

Closed on
Mar 21, 2013
Sold by
Wessman Jean
Bought by
Bearvalley Ent Llc

Purchase Details

Closed on
Oct 18, 2006
Sold by
Spear Kristin M
Bought by
Wessman Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2005
Sold by
Downs Timothy
Bought by
Wessman Jean and Spear Kristin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,960
Interest Rate
5.6%
Mortgage Type
New Conventional
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
Dorsey Julie A $520,000 Ticor Title
Miller Reynaldo Daniel $229,669 First American Title Ins Co
Bearvalley Ent Llc $130,417 None Available
Wessman Jean -- Puget Sound Title Company
Wessman Jean $234,950 Lawyers Title Agency Of Sout
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dorsey Julie A $390,000
Previous Owner Miller Reynaldo Daniel $235,000
Previous Owner Wessman Jean $245,000
Previous Owner Wessman Jean $187,960
Closed Wessman Jean $35,242
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2021 10/13/21 Sold $520,000 +0.6% $183 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
07/10/2021 07/10/21 Price Changed $517,000 -3.7% $182 / Sq Ft
06/28/2021 06/28/21 Price Changed $537,000 -1.8% $189 / Sq Ft
06/12/2021 06/12/21 For Sale $547,000 -- $192 / 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 $6,768 $611,900 $204,400 $407,500
2024 $6,768 $611,900 $198,400 $413,500
2023 $6,768 $583,900 $204,400 $379,500
2022 $6,408 $556,700 $193,900 $362,800
2021 $5,787 $412,100 $127,400 $284,700
2019 $3,743 $344,200 $111,100 $233,100
2018 $3,871 $304,100 $100,700 $203,400
2017 $3,871 $274,500 $88,900 $185,600
2016 $3,486 $215,300 $74,900 $140,400
2014 $3,057 $204,800 $72,000 $132,800
2013 $3,057 $186,100 $62,100 $124,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1790832

Northwest Multiple Listing Service (NWMLS)

APN: 031804-5012