NOT LISTED FOR SALE

4718 228th St E Spanaway, WA 98387

Estimated Value: $472,000 - $664,890

3 Beds
2 Baths
1,600 Sq Ft
$373/Sq Ft Est. Value

Last Sold October 22, 2021

Last sale price $620,000 $388 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,677/month

Highlights

  • Horses Allowed On Property
  • 1 Fireplace
  • Detached Garage
  • RV Access or Parking
  • Gazebo
  • Patio

About This Home

As of October 2021

Welcome home! This absolutely adorable farmhouse sits on over five acres! The entire property is completely usable, fully fenced and cross fenced and has a private gated entry. Bring your horses, start a mini farm or bring your toys - there's even a race track in the backyard! No covenants, conditions, and restrictions. The home has been recently updated throughout with new cabinets, granite slab counters and completely updated bathrooms. Just outside is a covered patio, perfect for entertaining a crowd of any size, a detached two car garage and no shortage of parking. This home is in a great location, close to schools and Bethel Station. Don't miss out on this amazing opportunity!

Last Agent to Sell the Property

Heather Rickman

National Real Estate Mgmt Grp. License #27483 Listed on: 09/17/2021

Last Buyer's Agent

Josean Rivera

Real Broker LLC License #140147

Real Broker LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1841584

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,162

Year Built

  • Built in 1951

Lot Details

  • Street terminates at a dead end
  • Gated Home
  • Property is Fully Fenced
  • Level Lot
  • Garden

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Vinyl Construction Material

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • Detached Garage
  • RV Access or Parking

Outdoor Features

  • Patio
  • Gazebo
  • Outbuilding

Utilities

  • Well
  • Septic System
  • Cable TV Available

Additional Features

  • 1 Fireplace
  • Pasture
  • Horses Allowed On Property

Community Details

  • Spanaway Community

Listing and Financial Details

  • Assessor Parcel Number 0318131030

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,162

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 11 - 1 1/2 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room
  • Floor Covering: Laminate, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 1600
  • Square Footage Finished: 1600

Exterior Features

  • Exterior: Metal/Vinyl
  • Foundation: Post And Block
  • Roof: Composition

Garage/Parking

  • Parking Type: Garage-Detached, K
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: Tacoma Public Utilities
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Individual Well
  • Water Heater: Utility Room-Electric
  • Water Source: Individual Well

Condo/Co-op/Association

  • Community Name: Spanaway

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Bethel High
  • School District: BTH

Lot Info

  • Lot Details: Dead End Street
  • Lot Sq Ft: 225205
  • Lot Topography Vegetation: Equestrian, Garden Space, Level, Pasture
  • Parcel Number: 0318131030
  • Zoning Jurisdiction: County
  • Lot Topography: Equestrian, Garden Space, Level, Pasture

Tax Info

  • Tax Amount: 5720

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2021
Closed on
Oct 20, 2021
Sold by
Pelton Thomas and Pelton Hannah
Bought by
Rivera Bessy K and Rivera Josean
Seller's Agent
Heather Rickman
National Real Estate Mgmt Grp.
Buyer's Agent
Josean Rivera
Real Broker LLC
List Price
$590,000
Sold Price
$620,000
Premium/Discount to List
$30,000
5.08%
Current Estimated Value
$596,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,527
Avg. Annual Appreciation
0.43%
Original Mortgage
$548,250
Outstanding Balance
$503,196
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$127,286

Purchase Details

Listed on
Mar 9, 2018
Closed on
Apr 2, 2018
Sold by
Puget Sound Housing Administration Llc
Bought by
Pelton Thomas and Pelton Hannah J
Seller's Agent
Kert Zavar
Wilcox Real Estate
Buyer's Agent
Heather Rickman
National Real Estate Mgmt Grp.
List Price
$400,000
Sold Price
$387,500
Premium/Discount to List
-$12,500
-3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.37%
Original Mortgage
$375,875
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2018
Sold by
Centurian Properties Llc
Bought by
Puget Sound Housing Administration Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,875
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 29, 2016
Closed on
Apr 7, 2017
Sold by
Fannie Mae
Bought by
Centurian Properties Llc
Seller's Agent
Pamela Vanderlinda
Properties R Us LLC
Buyer's Agent
Kert Zavar
Wilcox Real Estate
List Price
$185,500
Sold Price
$184,000
Premium/Discount to List
-$1,500
-0.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.69%
Original Mortgage
$234,000
Interest Rate
4.3%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 15, 2016
Sold by
Rhodes Marvin L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 28, 2016
Sold by
Wells Fargo Bank Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 9, 2016
Sold by
Rhodes Marvin L
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Sep 3, 2008
Sold by
Wilson Richard R and Wilson Julia M
Bought by
Rhodes Marvin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 2005
Sold by
Kite Jerry R
Bought by
Wilson Richard R and Wilson Julia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
7.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 13, 2004
Sold by
Kite Virginia M
Bought by
Kite Jerry R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.65%
Mortgage Type
Credit Line Revolving
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 Buyer Sale Price Title Company
Rivera Bessy K $620,000 Fidelity National Title
Pelton Thomas $387,219 First American Title Insuran
Puget Sound Housing Administration Llc -- Accommodation
Centurian Properties Llc $184,000 None Available
Federal National Mortgage Association $231,369 None Available
Federal National Mortgage Association -- None Available
Wells Fargo Bank Na $231,369 None Available
Rhodes Marvin L $220,000 Fidelity Natl Title Ins Co
Wilson Richard R $242,500 Fidelity National Title Co
Kite Jerry R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivera Bessy K $548,250
Previous Owner Pelton Thomas $375,875
Previous Owner Rhodes Marvin L $198,000
Previous Owner Wilson Richard R $194,000
Closed Wilson Richard R $48,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2021 10/22/21 Sold $620,000 +5.1% $388 / Sq Ft
09/21/2021 09/21/21 Pending -- -- --
09/17/2021 09/17/21 For Sale $590,000 +52.3% $369 / Sq Ft
04/25/2018 04/25/18 Sold $387,500 +2.2% $242 / Sq Ft
04/01/2018 04/01/18 Pending -- -- --
03/29/2018 03/29/18 Price Changed $379,000 -2.6% $237 / Sq Ft
03/22/2018 03/22/18 Price Changed $389,000 -2.8% $243 / Sq Ft
03/09/2018 03/09/18 For Sale $400,000 +117.4% $250 / Sq Ft
04/17/2017 04/17/17 Sold $184,000 -0.8% $115 / Sq Ft
03/07/2017 03/07/17 Pending -- -- --
03/06/2017 03/06/17 For Sale $185,500 0.0% $116 / Sq Ft
03/03/2017 03/03/17 Pending -- -- --
02/08/2017 02/08/17 Price Changed $185,500 -13.3% $116 / Sq Ft
12/29/2016 12/29/16 For Sale $214,000 -- $134 / 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 $6,162 $600,400 $330,500 $269,900
2024 $6,162 $579,100 $317,500 $261,600
2023 $6,162 $549,600 $309,700 $239,900
2022 $6,132 $583,300 $330,500 $252,800
2021 $5,720 $423,000 $229,300 $193,700
2019 $3,898 $371,600 $194,600 $177,000
2018 $3,599 $333,700 $159,800 $173,900
2017 $3,195 $235,000 $125,100 $109,900
2016 $3,236 $210,200 $116,800 $93,400
2014 $2,821 $193,500 $107,200 $86,300
2013 $2,821 $176,800 $97,600 $79,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1841584

Northwest Multiple Listing Service (NWMLS)

APN: 031813-1030