Listed by Redfin, Bought with Integrity Real Estate
NOT LISTED FOR SALE

415 165th St S Unit 1-4 Spanaway, WA 98387

Estimated Value: $458,000 - $571,000

4 Beds
4 Baths
1,760 Sq Ft
$284/Sq Ft Est. Value

Last Sold July 28, 2017

Last sale price $289,900 $165 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,102/month

3 Days on Market

Highlights

  • Patio
  • Wood Siding
  • 1-Story Property
  • Property is Fully Fenced
  • Wall to Wall Carpet

About This Home

As of July 2017

Beautiful little income producer! 4 units, always rented, close to JBLM and bus line. Nice covered common patio in a central courtyard area for tenants, plenty of paved parking. Central laundry room non-coin operated. Each unit comes with covered storage unit.

Last Agent to Sell the Property

Ellen Campion

Redfin License #120341 Listed on: 06/15/2017

Redfin

Last Buyer's Agent

Sandy Boldenow

Integrity Real Estate License #84609

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1144161

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,216

Year Built

  • Built in 1968

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 101 x 150
  • Property is Fully Fenced
  • Property is in good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,760 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 10 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio
  • Outbuilding

Schools

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

Utilities

  • Septic Tank
  • Septic System

Community Details

  • Lake Park Condos
  • Spanaway Lake Subdivision

Listing and Financial Details

  • Legal Lot and Block 27-30 / 55
  • Assessor Parcel Number 502500-488-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,216

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1968
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Lake Park
  • New Construction: No
  • CalculatedSquareFootage: 1760
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 10
  • Open Parking: Yes
  • Total Parking Spaces: 10
  • ParkingUncoveredSpaces: 10

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Septic System, Electric
  • PowerCompany: Elmhurst Mutual
  • SewerCompany: Septic
  • WaterCompany: Spanaway Water
  • WaterSewerGarbage: 2795

Schools

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

Lot Info

  • Parcel Number: 502500-488-0
  • Lot Size Acres: 0.3444
  • Lot Size: 101 x 150
  • Lot Size Sq Ft: 15000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,Outbuildings,Patio
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family
  • LotNumber: 27-30

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 9
  • LeasedItems: None
  • TotalMonthlyIncome: 2568

Multi Family

  • Gross Scheduled Income: 30816
  • Net Operating Income: 21022
  • Number Of Units Total: 4
  • Electric Expense: 724
  • Insurance Expense: 3015
  • Leasable Area: 1760
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 3216

MLS Schools

  • Elementary School: Spanaway Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2017
Closed on
Jul 27, 2017
Sold by
Cox Michael R
Bought by
Dewitt Edward W
Seller's Agent
Ellen Campion
Redfin
Buyer's Agent
Sandy Boldenow
Integrity Real Estate
List Price
$289,900
Sold Price
$289,900
Current Estimated Value
$500,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,380
Avg. Annual Appreciation
7.48%
Original Mortgage
$289,900
Interest Rate
3.91%
Mortgage Type
VA

Purchase Details

Closed on
Mar 14, 2017
Sold by
Cox Sarah Lacey and Cox Michael R
Bought by
Cox Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2010
Sold by
Fannie Mae
Bought by
Cox Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,700
Interest Rate
4.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 9, 2010
Sold by
Gollehon Valerie
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 25, 2007
Sold by
Gollehon Valerie A
Bought by
415 165Th Street S Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,500
Interest Rate
6.36%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 18, 2007
Sold by
Bahbah Imad H and Bahbah Cynthia A
Bought by
Gollehon Valerie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,500
Interest Rate
6.36%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 3, 2006
Sold by
Tran Huy H
Bought by
Bahbah Imad H and Bahbah Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
7.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 19, 2005
Sold by
Ballard Kathryn F
Bought by
Tran Huy H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
7.5%
Mortgage Type
Fannie Mae Freddie Mac
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
Dewitt Edward W $289,619 Attorneys Title
Cox Michael R -- Cw Title
Cox Michael R -- Old Republic Title Ltd
Federal National Mortgage Association $311,423 None Available
415 165Th Street S Llc -- Lawyers Title Agency Of Sout
Gollehon Valerie A $335,000 Lawyers Title
Bahbah Imad H $260,000 First American Title Ins Co
Tran Huy H $210,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dewitt Edward W $289,900
Previous Owner Cox Michael R $210,000
Previous Owner Cox Michael R $105,700
Previous Owner Gollehon Valerie A $268,000
Previous Owner Bahbah Imad H $208,000
Previous Owner Tran Huy H $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2017 07/28/17 Sold $289,900 0.0% $165 / Sq Ft
06/19/2017 06/19/17 Pending -- -- --
06/15/2017 06/15/17 For Sale $289,900 -- $165 / 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 $5,405 $473,700 $211,600 $262,100
2024 $5,405 $483,900 $201,900 $282,000
2023 $5,405 $448,300 $188,400 $259,900
2022 $5,125 $470,600 $188,400 $282,200
2021 $4,644 $315,700 $109,200 $206,500
2019 $3,325 $269,400 $92,600 $176,800
2018 $3,600 $257,600 $83,000 $174,600
2017 $3,216 $218,200 $69,600 $148,600
2016 $2,960 $192,100 $53,000 $139,100
2014 $2,389 $168,100 $52,000 $116,100
2013 $2,389 $144,700 $45,500 $99,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1144161

Northwest Multiple Listing Service (NWMLS)

APN: 502500-4880