NOT LISTED FOR SALE

5506 148th St Ct E Puyallup, WA 98375

Summit View Neighborhood

Estimated Value: $580,000 - $610,000

4 Beds
3 Baths
2,493 Sq Ft
$239/Sq Ft Est. Value

Last Sold October 07, 2021

Last sale price $525,000 $211 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,739/month

Highlights

  • 1 Fireplace
  • Attached Garage
  • Property is Fully Fenced
  • Cul-De-Sac
  • Patio
  • Level Lot

About This Home

As of October 2021

Attention Investors: Single family residence located just off of Canyon road in a quaint neighborhood. Currently rented to a reliable family with a lease through the end of May 2022. See attached lease and CC&R's. 5.5% Cap Rate. 4 bedroom, 2.5 bath home built in 2016 has been well maintained. Property located on flag lot, with shared ownership of the driveway/road leading to the home but is maintained by the HOA. Private backyard is fully fenced.

Last Agent to Sell the Property

Suzanne Clifton

John L. Scott, Inc. License #116691 Listed on: 09/09/2021

John L. Scott, Inc.

Last Buyer's Agent

Gani Konapala

Kelly Right RE of Seattle LLC License #126568

Kelly Right RE of Seattle LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1835751

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,950

Year Built

  • Built in 2016

Lot Details

  • Cul-De-Sac
  • Property is Fully Fenced
  • Level Lot

Parking

  • Attached Garage

Home Design

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

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Laundry

  • Dryer
  • Washer

Additional Features

  • 1 Fireplace
  • Patio
  • Cable TV Available

Community Details

  • South Hill Community

Listing and Financial Details

  • Assessor Parcel Number 602671-002-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,950

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Homebuilder: Benjamin Ryan Communities LLC
  • Building Information: Built On Lot, G
  • Entrance Level: Main
  • Year Built: 2016
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, French Doors, Walk In Pantry, Walk-In Closet
  • Floor Covering: Laminate, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4.00
  • Bathrooms: 2.50
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Den or Office: Main
  • Dining Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2556
  • Square Footage Finished: 2493

Exterior Features

  • Exterior: Cement Planked, Wood, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: Pierce County
  • Water Company: City of Tacoma
  • Water Heater: Garage-Electric
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 35
  • Community Name: South Hill
  • Community Features: K

Schools

  • Elementary School: Naches Trail Elem
  • Middle School: Spanaway Jnr High
  • High School: Spanaway Lake High
  • School District: BTH

Lot Info

  • Lot Details: Cul-De-Sac, Curbs, Paved Street, Sidewalk
  • Lot Dimensions: 93x50x93x50
  • Lot Sq Ft: 4637
  • Lot Topography Vegetation: Level
  • Parcel Number: 602671-002-0
  • Lot Topography: Level

Rental Info

  • Monthly Rentif Rented: 2795

Tax Info

  • Tax Amount: 5489

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2024
Sold by
Sanrav Llc
Bought by
Ravi Sankar Ganta and Ganta Bhavani
Current Estimated Value
$595,272

Purchase Details

Closed on
Aug 18, 2023
Sold by
Ravi Sankar Ganta and Ravi Bhavani
Bought by
Sanrav Llc

Purchase Details

Listed on
Sep 9, 2021
Closed on
Oct 6, 2021
Sold by
Stevens Kristopher and Stevens Paige L
Bought by
Ravi Sankar Ganta and Ganta Bhavani
Seller's Agent
Suzanne Clifton
John L. Scott, Inc.
Buyer's Agent
Gani Konapala
Kelly Right RE of Seattle LLC
List Price
$500,000
Sold Price
$525,000
Premium/Discount to List
$25,000
5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.30%
Original Mortgage
$420,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2018
Sold by
Stevens Kristopher and Hara Paige O
Bought by
Stevens Kristopher and Stevens Paige L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,465
Interest Rate
4.44%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Sep 11, 2015
Closed on
Apr 13, 2016
Sold by
Bro Pro Llc
Bought by
Stevens Kritopher and Hara Paige O
Seller's Agent
Shawn Maxey
Terry Wise & Associates
Buyer's Agent
Steven Allen
Your Choice Real Estate NW
List Price
$284,950
Sold Price
$289,991
Premium/Discount to List
$5,041
1.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.01%
Original Mortgage
$272,702
Interest Rate
3.68%
Mortgage Type
New Conventional
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
Ravi Sankar Ganta -- None Listed On Document
Sanrav Llc -- None Listed On Document
Ravi Sankar Ganta $525,000 Stewart Title
Stevens Kristopher -- Old Republic Title Ltd
Stevens Kritopher $289,710 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ravi Sankar Ganta $420,000
Previous Owner Stevens Kristopher C $333,000
Previous Owner Stevens Kristopher C $34,465
Previous Owner Stevens Kristopher $276,000
Previous Owner Stevens Kritopher $272,702
Previous Owner Benjamin Ryan Communities Llc $190,341
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2021 10/07/21 Sold $525,000 +5.0% $211 / Sq Ft
09/09/2021 09/09/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $500,000 +72.4% $201 / Sq Ft
04/20/2016 04/20/16 Sold $289,991 -1.7% $116 / Sq Ft
02/23/2016 02/23/16 Pending -- -- --
02/05/2016 02/05/16 Price Changed $294,950 +3.5% $118 / Sq Ft
11/30/2015 11/30/15 For Sale $284,950 0.0% $114 / Sq Ft
11/19/2015 11/19/15 Pending -- -- --
09/11/2015 09/11/15 For Sale $284,950 -- $114 / 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 $5,950 $560,700 $146,500 $414,200
2024 $5,950 $539,600 $143,400 $396,200
2023 $5,950 $513,100 $130,900 $382,200
2022 $5,935 $540,900 $145,500 $395,400
2021 $5,489 $393,800 $102,600 $291,200
2019 $3,915 $355,700 $90,100 $265,600
2018 $2,248 $325,200 $72,300 $252,900
2017 $4,099 $292,000 $65,900 $226,100
2016 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Suzanne Clifton

    Seller's Agent in 2021

    Suzanne Clifton

    John L Scott

    (253) 229-5967

    1 in this area

    49 Total Sales

    Section Image
  • Gani Konapala

    Buyer's Agent in 2021

    Gani Konapala

    Kelly Right RE of Seattle LLC

    (425) 246-6893

    1 in this area

    162 Total Sales

    Section Image
  • Shawn Maxey

    Seller's Agent in 2016

    Shawn Maxey

    Terry Wise & Associates

    (253) 224-5562

    8 in this area

    597 Total Sales

    Section Image

  • S

    Buyer's Agent in 2016

    Steven Allen

    Your Choice Real Estate NW

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1835751

Northwest Multiple Listing Service (NWMLS)

APN: 602671-0020

Washington Pierce County Puyallup 98375 Summit View

5506 148th St Ct E, Puyallup, WA

This home is located at 5506 148th St Ct E, Puyallup, WA 98375 since 09 September 2021 and is currently estimated at $595,272, approximately $238 per square foot. This property was built in 2016. 5506 148th St Ct E is a home located in Pierce County with nearby schools including Naches Trail Elementary School, Spanaway Middle School, and Spanaway Lake High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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