Listed by COMPASS, Bought with Keller Williams Realty
NOT LISTED FOR SALE

5002 228th St E Spanaway, WA 98387

Estimated Value: $623,000 - $919,000

3 Beds
2 Baths
1,898 Sq Ft
$420/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $865,000 $456 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $4,931/month

56 Days on Market

Highlights

  • RV Access or Parking
  • Secluded Lot
  • Traditional Architecture
  • 3.51 Acre Lot
  • Territorial View
  • Wood Flooring

About This Home

As of September 2023

For those who enjoy outdoor activities this rambler on nearly 4 acres may be for you. Located off 224th St E mid-way between Mountain Hwy and Graham weekday commutes are reasonable. Shopping and conveniences are just moments away in either direction. Site is fenced and cross fenced for animals. Greenhouse for gardeners. Dog run and kennel with power. Storage for all those fun items is under 2120 ft of cover in three bays one with power and sanitation. The shop is a custom build with 220 volt power, 1300 ft on the ground with loft for storage. Plus a 2 bdrm, 2 bath DADU of 900+ sqft for rental income The residence is warm and comfortable offering all the conveniences for everyone. A very special place. A true opportunity.

Last Agent to Sell the Property

Greg Garner

COMPASS License #8642 Listed on: 07/06/2023

COMPASS

Last Buyer's Agent

Andrew Farmer

Keller Williams Realty License #25005452

Keller Williams Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2135129

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,542

Year Built

  • Built in 2003

Lot Details

  • 3.51 Acre Lot
  • Lot Dimensions are 329x479
  • Street terminates at a dead end
  • North Facing Home
  • Dog Run
  • Property is Fully Fenced
  • Secluded Lot
  • Level Lot
  • Sprinkler System
  • Property is in very good condition

Parking

  • 6 Car Garage
  • Detached Carport Space
  • RV Access or Parking

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 1,898 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • French Doors
  • Dining Room
  • Territorial Views

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Home Security

  • Home Security System
  • Storm Windows

Additional Homes

  • 928 SF Accessory Dwelling Unit
  • ADU includes 2 Bedrooms and 2 Bathrooms

Schools

  • Shining Mtn Elementary School
  • Bethel Jnr High Middle School
  • Bethel High School

Utilities

  • Forced Air Heating and Cooling System
  • High Efficiency Air Conditioning
  • Air Filtration System
  • High Efficiency Heating System
  • Heat Pump System
  • Generator Hookup
  • Propane
  • Private Water Source
  • Shared Well
  • Well
  • Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Outbuilding
  • Pasture

Community Details

  • No Home Owners Association
  • Spanaway Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,542

Year Built

Built in 2003

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 2003
  • Inclusions: Dishwasher,Microwave,Refrigerator,StoveRange,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Traditional
  • Building Name: Short Plat 93-1-21-0341
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 2826
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • AccessoryDwellingUnit: DetachedDwelling
  • DetachedDwellingSqFtFinished: 928
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2135129?w=Consumer&agent=16853
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher, Microwave, Refrigerator, Stove/Range
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Hardwood, Laminate, Carpet
  • Interior Amenities: Hardwood, Laminate, Wall to Wall Carpet, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, French Doors, Jetted Tub, Security System, Skylight(s), Sprinkler System, Walk-In Closet(s), Walk-In Pantry, Wired for Generator, Fireplace, Water Heater
  • Living Area: 1898
  • Main Level Bedrooms: 3
  • Bathrooms: 2
  • BathsFullMain: 2
  • FireplacesMain: 1
  • SquareFootageFinished: 1898
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Microwave,Refrigerator,Stove/Range
  • ADUBaths: 2
  • ADUBeds: 2
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Dead End Street, Secluded
  • View: Yes
  • Waterfront: No
  • Direction Faces: North
  • Exterior Features: Cement Planked, Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: Yes
  • Covered Parking Spaces: 6
  • Garage Spaces: 6
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Detached Carport, Attached Garage, Detached Garage
  • Total Parking Spaces: 6

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well, Private, Shared Well
  • Cooling: Forced Air, HEPA Air Filtration, High Efficiency (Unspecified)
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump, High Efficiency (Unspecified)
  • Heating Yn: Yes
  • PowerCompany: TPU
  • SewerCompany: Septic
  • WaterCompany: Private Well
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Electric
  • CableConnected: Comcast
  • InternetConnected: Comcast

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 031813-5-056
  • Topography: Level,PartialSlope
  • Land Lease: No
  • Lot Size Acres: 3.51
  • Lot Size: 329x479
  • Lot Size Sq Ft: 152896
  • Zoning Description: SFR
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Dog Run,Fenced-Fully,High Speed Internet,Outbuildings,Propane,RV Parking,Shop,Sprinkler System
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records
  • ZoningJurisdiction: County
  • LotNumber: 2

Green Features

  • Power Production Type: Electric, Propane, Wood

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2023
  • Tax Annual Amount: 8542
  • AdditionalTaxIds: 4412098810

Multi Family

  • EnergySource: Electric,Propane,Wood

MLS Schools

  • Elementary School: Shining Mtn Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2023
Closed on
Sep 23, 2023
Sold by
Peskin Scott D and Peskin Ite
Bought by
Leonard James D and Leonard Cynthia A
Seller's Agent
Greg Garner
COMPASS
Buyer's Agent
Andrew Farmer
Keller Williams Realty
List Price
$940,000
Sold Price
$865,000
Premium/Discount to List
-$75,000
-7.98%
Views
63
Current Estimated Value
$797,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$67,585
Avg. Annual Appreciation
-2.01%
Original Mortgage
$883,215
Outstanding Balance
$855,582
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
-$24,420

Purchase Details

Closed on
Dec 28, 1998
Sold by
Turner Doug
Bought by
Peskin Scott D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.82%

Purchase Details

Closed on
Nov 21, 1998
Sold by
Bonnell Robert B
Bought by
Turner Bonny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.82%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Leonard James D $865,000 None Listed On Document
Peskin Scott D $60,000 --
Turner Bonny -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leonard James D $883,215
Previous Owner Peskin Scott D $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $865,000 -3.4% $456 / Sq Ft
08/31/2023 08/31/23 Pending -- -- --
07/22/2023 07/22/23 Price Changed $895,000 -4.8% $472 / Sq Ft
07/06/2023 07/06/23 For Sale $940,000 -- $495 / 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 $8,194 $793,800 $280,900 $512,900
2024 $8,194 $767,200 $269,900 $497,300
2023 $8,194 $719,300 $263,200 $456,100
2022 $8,200 $762,700 $280,900 $481,800
2021 $7,630 $556,100 $193,700 $362,400
2019 $5,499 $495,600 $164,400 $331,200
2018 $6,333 $463,700 $135,000 $328,700
2017 $5,563 $416,400 $105,700 $310,700
2016 $4,547 $295,100 $93,700 $201,400
2014 $3,989 $271,400 $86,000 $185,400
2013 $3,989 $247,200 $78,400 $168,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2135129

Northwest Multiple Listing Service (NWMLS)

APN: 031813-5056