Listed by Toril Sells Houses Team, Bought with Eastside Asset Management LLC
NOT LISTED FOR SALE

3710 224th St E Spanaway, WA 98387

Estimated Value: $424,083 - $507,000

2 Beds
1 Bath
2,928 Sq Ft
$158/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $640,000 $219 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $2,776/month

9 Days on Market

Highlights

  • Greenhouse
  • Rooftop Deck
  • Patio
  • Spa
  • Secluded Lot
  • High Speed Internet

About This Home

As of November 2020

MONEY EARNER! Rambler style 4plex/pvt dead end road by Bethel High School.Always full w VERY low turnover.2 units refinished w/LVP flooring/1 unit Pergo/1 unit w/long-term tenant not updated. NEW ROOF 2020 w/all new sheathing+ new crwlspc insulation.Septic/private well-little expense outgoing. W/D hookups EVERY unnit.Well test & septic done and ready to go! Large 1/2acre lot w/potential for future growth.All units should rent for 1200 each. Large fenced yard w newer fencing all round.

Last Agent to Sell the Property

Toril Schoepfer

Toril Sells Houses Team License #23304 Listed on: 10/02/2020

Co-Listed By

Lisa Hudson

Toril Sells Houses Team License #26171

Last Buyer's Agent

Venkat Kotha

Eastside Asset Management LLC License #135404

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1672257

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,277

Year Built

  • Built in 1969

Lot Details

  • 0.5 Acre Lot
  • Street terminates at a dead end
  • Gated Home
  • Partially Fenced Property
  • Secluded Lot
  • Value in Land

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,928 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Outdoor Features

  • Spa
  • Rooftop Deck
  • Patio
  • Greenhouse
  • Outbuilding

Utilities

  • Propane
  • Well
  • Septic Tank
  • Septic System
  • High Speed Internet

Community Details

  • Spanaway Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0318141030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,277

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1969
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2928
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Private Spa: Yes
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Forced Air, Laminate Hardwood, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Secluded, Value In Land
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well
  • Security: SecurityGate, FullyFenced
  • Heating Yn: Yes
  • Utilities: High Speed Internet, Natural Gas Available, Propane_, Septic System, Electric, Individual Well
  • PowerCompany: TPU
  • SewerCompany: Septic
  • WaterCompany: Well
  • WaterSewerGarbage: 1800

Schools

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

Lot Info

  • Parcel Number: 0318141030
  • Lot Size Acres: 0.5
  • Lot Size Sq Ft: 21780
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Gas Available,Gated Entry,Green House,High Speed Internet,Hot Tub/Spa,Outbuildings,Patio,Propane,Rooftop Deck
  • MLSLotSizeSource: Assessor
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 4080

Multi Family

  • Gross Scheduled Income: 48960
  • Net Operating Income: 40001
  • Number Of Units Total: 4
  • Electric Expense: 300
  • Insurance Expense: 1282
  • Leasable Area: 2928
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 5277

MLS Schools

  • Elementary School: Buyer To Verify

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2020 11/24/20 Sold $640,000 -1.5% $219 / Sq Ft
10/11/2020 10/11/20 Pending -- -- --
10/09/2020 10/09/20 Price Changed $649,950 -2.3% $222 / Sq Ft
10/02/2020 10/02/20 For Sale $665,000 +216.7% $227 / Sq Ft
06/28/2013 06/28/13 Sold $210,000 -12.1% $72 / Sq Ft
05/28/2013 05/28/13 Pending -- -- --
05/25/2013 05/25/13 For Sale $239,000 -- $82 / 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 $3,967 $351,500 $169,500 $182,000
2024 $3,967 $352,800 $162,800 $190,000
2023 $3,967 $331,900 $158,800 $173,100
2022 $206 $352,000 $169,500 $182,500
2021 $215 $253,500 $106,700 $146,800
2019 $214 $224,800 $90,600 $134,200
2018 $215 $206,300 $74,400 $131,900
2017 $219 $182,900 $58,200 $124,700
2016 $148 $138,400 $52,100 $86,300
2014 $74 $127,400 $47,800 $79,600
2013 $74 $116,000 $43,500 $72,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1672257

Northwest Multiple Listing Service (NWMLS)

APN: 031814-1032