Listed by FirstPoint Real Estate LLC, Bought with Triwood Realty
$683,000
SOLD AUG 15, 2025

4305 224th St E Unit 4307 Spanaway, WA 98387

-- Bed
-- Bath
2,280 Sq Ft
0.57 Acres

Recently Sold

$300 Per Sq Ft

Highlights

  • No HOA
  • Baseboard Heating
  • Carpet
  • Forced Air Cooling System
  • Wood Siding

About This Home

As of August 2025

Great private duplex available for a willing investor. Owner is selling the duplex plus the lot next door to the North which is a good buildable lot (Buyer to verify) with an Easement from the main street. Both units are in decent condition. Both currently rented Month to Month at $1300/side. Tenants pay all utilities. All offers must be subject to inspection.

Last Agent to Sell the Property

Denny Woyak

FirstPoint Real Estate LLC License #1900 Listed on: 05/01/2025

FirstPoint Real Estate LLC

Last Buyer's Agent

Tovargii Pugh

Triwood Realty License #23021831

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2368259

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,816

Year Built

  • Built in 1986

Lot Details

  • 0.57 Acre Lot
  • Property is in good condition

Home Design

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

Interior Spaces

  • 2,280 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Parking

  • 1 Parking Space
  • 1 Covered Space

Utilities

  • Forced Air Cooling System
  • Baseboard Heating
  • Septic Tank

Community Details

  • No Home Owners Association
  • Bethel Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0318123007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,816

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 52 - Duplex
  • Year Built: 1986
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2280
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Vinyl, 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
  • Construction Type: Wood
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking: No
  • Total Parking Spaces: 1
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Forced Air
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • SewerCompany: Septic
  • WaterCompany: Washington Water
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Bethel

Lot Info

  • Parcel Number: 0318123007
  • Lot Size Acres: 0.5672
  • Lot Size Sq Ft: 24706
  • Zoning Description: Residential
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Tax Records
  • MLSSquareFootageSource: Public Records

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 21.9
  • LeasedItems: None
  • TotalMonthlyIncome: 2600

Multi Family

  • Gross Scheduled Income: 31200
  • Net Operating Income: 22884
  • Number Of Units Total: 2
  • Insurance Expense: 2500
  • Leasable Area: 2280
  • EnergySource: Electric
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2025
  • Tax Annual Amount: 5816

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2025
Closed on
Aug 4, 2025
Sold by
Moore James L and Oliver-Moore Conchita
Bought by
Henderson Lamartoe
Seller's Agent
Denny Woyak
FirstPoint Real Estate LLC
Buyer's Agent
Tovargii Pugh
Triwood Realty
List Price
$684,950
Sold Price
$683,000
Premium/Discount to List
-$1,950
-0.28%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-41.84%
Original Mortgage
$683,000
Outstanding Balance
$682,414
Interest Rate
6.77%
Mortgage Type
VA
Estimated Equity
-$52,747

Purchase Details

Closed on
Jan 15, 2009
Sold by
Moore James L and Moore Conchita V
Bought by
Owens Lawrence J and Owens Barbara J

Purchase Details

Closed on
Jun 24, 1999
Sold by
Clark Shane W
Bought by
Moore James L and Oliver Moore Conchita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
7.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 1997
Sold by
Clark Heather A
Bought by
Clark Shane W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
10.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 1994
Sold by
Wilson Melvin A
Bought by
Clark Shane W and Clark Heather A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
8.83%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $683,000 First American Title
Quit Claim Deed -- None Available
Warranty Deed $150,000 --
Interfamily Deed Transfer -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $683,000 VA
Previous Owner $127,500 Purchase Money Mortgage
Previous Owner $121,600 Purchase Money Mortgage
Previous Owner $109,000 Seller Take Back
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2025 08/15/25 Sold $683,000 -0.3% $300 / Sq Ft
05/27/2025 05/27/25 Pending -- -- --
05/01/2025 05/01/25 For Sale $684,950 -- $300 / 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 $6,041 $560,500 $183,500 $377,000
2024 $6,041 $540,100 $183,500 $356,600
2023 $6,041 $518,000 $180,700 $337,300
2022 $5,790 $504,900 $180,700 $324,200
2021 $5,007 $353,700 $92,700 $261,000
2019 $3,508 $295,500 $81,500 $214,000
2018 $3,848 $283,200 $81,500 $201,700
2017 $3,429 $242,800 $68,200 $174,600
2016 $3,294 $198,200 $71,500 $126,700
2014 $2,844 $192,700 $71,500 $121,200
2013 $2,844 $173,600 $61,700 $111,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2368259

Northwest Multiple Listing Service (NWMLS)

APN: 031812-3007