Listed by Crescent Realty powered by KW, Bought with Richard Beckman Rlty Group LLC
NOT LISTED FOR SALE

419 421 175th St S Spanaway, WA 98387

Estimated Value: $689,000 - $711,000

6 Beds
5 Baths
2,802 Sq Ft
$249/Sq Ft Est. Value

Last Sold September 27, 2024

Last sale price $670,000 $239 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,299/month

1 Day on Market

Highlights

  • No HOA
  • Property is in very good condition
  • Wall to Wall Carpet

About This Home

As of September 2024

Really nice 3-bedroom 2.5 bath units with electric fireplace in living room. 2-car attached garage. Utility room. Well maintained by current owner. Close to freeway and shopping. Under market rents are prime for rent adjustment. Tenants are month-to-month. Identical duplex next door rents for $2450 per side. New roof last winter.

Last Agent to Sell the Property

Larry Bergstrom

Crescent Realty powered by KW License #4839 Listed on: 08/16/2024

Crescent Realty powered by KW

Last Buyer's Agent

Ruslan Lukinov

Richard Beckman Rlty Group LLC License #51279

Richard Beckman Rlty Group LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2278455

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,124

Year Built

  • Built in 2004

Lot Details

  • 10,650 Sq Ft Lot
  • Property is in very good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,802 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Utilities

  • Heating System Mounted To A Wall or Window
  • Septic Tank

Community Details

  • No Home Owners Association
  • Lake Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5025004062

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,124

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2004
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2802
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Cooling: None
  • Cooling Y N: No
  • Heating: Other – See Remarks, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: Elmhurst
  • SewerCompany: Septic
  • WaterCompany: Spanaway Water

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Bethel

Lot Info

  • Parcel Number: 5025004062
  • Lot Size Acres: 0.2445
  • Lot Size Sq Ft: 10650
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 16.67
  • LeasedItems: None
  • TotalMonthlyIncome: 3450

Tax Info

  • Year: 2004
  • Tax Annual Amount: 7124

Multi Family

  • Number Of Units Total: 2
  • Electric Expense: 10
  • EnergySource: Electric
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2024
Closed on
Sep 10, 2024
Sold by
Dll 3 Spanaway 175Th Llc
Bought by
Rusev Vyacheslav and Stiles Mariya
Seller's Agent
Larry Bergstrom
Crescent Realty powered by KW
Buyer's Agent
Ruslan Lukinov
Richard Beckman Rlty Group LLC
List Price
$689,950
Sold Price
$670,000
Premium/Discount to List
-$19,950
-2.89%
Current Estimated Value
$698,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,641
Avg. Annual Appreciation
4.27%
Original Mortgage
$390,000
Outstanding Balance
$385,633
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$313,008

Purchase Details

Closed on
Jul 5, 2017
Sold by
Lincoln Daniel C and Lincoln Deborah L
Bought by
Dll 3 Spanaway 175Th Llc

Purchase Details

Listed on
Oct 14, 2011
Closed on
Jul 23, 2012
Sold by
Ratte David M and Wu Chung Hsiu
Bought by
Lincoln Daniel C and Lincoln Deborah L
Seller's Agent
James Shute
Designed Realty
Buyer's Agent
John Brink
Town & Country Brokers Inc
List Price
$219,900
Sold Price
$220,000
Premium/Discount to List
$100
0.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.17%
Original Mortgage
$180,400
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2005
Sold by
Hidden Creek Apartments Llc
Bought by
Ratte David M and Wu Chung Hsiu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.76%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 31, 2005
Sold by
Suncrest Builders Inc
Bought by
Hidden Creek Apartments Llc
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
Rusev Vyacheslav $670,000 Chicago Title
Dll 3 Spanaway 175Th Llc -- None Available
Lincoln Daniel C $220,000 Chicago Title
Ratte David M $375,000 Fidelity National Title Insu
Hidden Creek Apartments Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rusev Vyacheslav $390,000
Previous Owner Lincoln Daniel C $180,400
Previous Owner Ratte David M $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2024 09/27/24 Sold $670,000 -2.9% $239 / Sq Ft
08/17/2024 08/17/24 Pending -- -- --
08/16/2024 08/16/24 For Sale $689,950 +213.6% $246 / Sq Ft
07/30/2012 07/30/12 Sold $220,000 0.0% $79 / Sq Ft
10/14/2011 10/14/11 Pending -- -- --
10/14/2011 10/14/11 For Sale $219,900 -- $78 / 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 $7,123 $637,500 $197,000 $440,500
2024 $7,123 $646,200 $188,000 $458,200
2023 $7,123 $616,800 $170,900 $445,900
2022 $6,824 $655,200 $170,900 $484,300
2021 $6,247 $447,400 $99,100 $348,300
2019 $4,454 $381,500 $84,000 $297,500
2018 $4,854 $369,100 $75,300 $293,800
2017 $4,394 $313,000 $63,200 $249,800
2016 $4,135 $281,500 $48,100 $233,400
2014 $3,258 $246,900 $47,200 $199,700
2013 $3,258 $211,500 $41,300 $170,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2278455

Northwest Multiple Listing Service (NWMLS)

APN: 502500-4062