Listed by Terry Wise & Associates, Bought with John L. Scott, Inc.
NOT LISTED FOR SALE

5715 5717 220th Street Ct E Unit A/B Spanaway, WA 98387

Estimated Value: $409,000 - $604,000

4 Beds
2 Baths
2,108 Sq Ft
$259/Sq Ft Est. Value

Last Sold January 08, 2021

Last sale price $355,000 $168 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,383/month

6 Days on Market

Highlights

  • RV Access or Parking
  • Territorial View
  • Patio
  • 0.96 Acre Lot
  • Corner Lot
  • Wood Siding

About This Home

As of January 2021

Investor special- 2108 SF, 2 unit duplex. 2 beds/1 bath in each unit. Great location, close to shopping, dining and amenities. A bit of TLC and this could be a great rental property, or live in one unit and use the other unit for a potential income opportunity. Nice, level lot. Estate sale, sold as-is, seller to do no repairs. Cash/conventional only. Both units have been vacated. Buyer to verify all information to own satisfaction.

Last Agent to Sell the Property

Shawn Maxey

Terry Wise & Associates License #74359 Listed on: 11/19/2020

Terry Wise & Associates

Co-Listed By

Stephanie Gurden

Keller Williams Realty License #118951

Last Buyer's Agent

Vicky Marchenko

John L. Scott, Inc. License #118848

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1689036

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,141

Year Built

  • Built in 1989

Lot Details

  • 0.96 Acre Lot
  • Corner Lot

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,108 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Patio

Schools

  • North Star Elementary School
  • Bethel Jnr High Middle School
  • Bethel High School

Utilities

  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • Fruitland Garden Tracts Condos
  • Spanaway Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4015000774

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,141

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1989
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Fruitland Garden Tracts
  • New Construction: No
  • CalculatedSquareFootage: 2108
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: On sales price, less concessions!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Septic System, Electric
  • PowerCompany: TPU
  • SewerCompany: Septic
  • WaterCompany: Firgrove
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Parcel Number: 4015000774
  • Lot Size Acres: 0.96
  • Lot Size Sq Ft: 41818
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Patio,RV Parking
  • MLSLotSizeSource: Public Records

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 4141

Multi Family

  • Number Of Units Total: 2
  • Leasable Area: 2108
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 100

MLS Schools

  • Elementary School: North Star Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2021
Sold by
Nwig Llc
Bought by
Marchenko Timofey and Marchenko Victoriya
Current Estimated Value
$545,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Outstanding Balance
$336,482
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$239,515

Purchase Details

Listed on
Nov 19, 2020
Closed on
Jan 5, 2021
Sold by
Smerken Daniel R
Bought by
Nwig Llc
Seller's Agent
Shawn Maxey
Terry Wise & Associates
Buyer's Agent
Vicky Marchenko
John L. Scott, Inc.
List Price
$350,000
Sold Price
$355,000
Premium/Discount to List
$5,000
1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.80%

Purchase Details

Closed on
Apr 7, 2020
Sold by
Keefer Sheri K
Bought by
Estate Of Kathleen I Marshall

Purchase Details

Closed on
Dec 20, 2002
Sold by
Marshall Thomas A
Bought by
Marshall Thomas A and Marshall Kathleen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,400
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
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
Marchenko Timofey -- Fidelity Natl Ttl Co Of Wa I
Nwig Llc $355,000 Chicago Title Company
Estate Of Kathleen I Marshall -- First American
Marshall Thomas A -- Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marchenko Timofey $370,000
Previous Owner Marshall Thomas A $162,400
Closed Nwig Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2021 01/08/21 Sold $355,000 +1.4% $168 / Sq Ft
11/25/2020 11/25/20 Pending -- -- --
11/19/2020 11/19/20 For Sale $350,000 -- $166 / 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 $5,899 $540,000 $224,900 $315,100
2024 $5,899 $522,400 $224,900 $297,500
2023 $5,899 $501,300 $221,500 $279,800
2022 $5,612 $490,400 $221,500 $268,900
2021 $4,736 $331,800 $113,700 $218,100
2019 $3,402 $276,900 $99,900 $177,000
2018 $3,632 $266,700 $99,900 $166,800
2017 $3,230 $228,000 $83,600 $144,400
2016 $3,229 $193,500 $79,700 $113,800
2014 $2,730 $187,400 $79,700 $107,700
2013 $2,730 $169,300 $68,800 $100,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1689036

Northwest Multiple Listing Service (NWMLS)

APN: 401500-0774