Seller's Agent in 2016
Joel Lutterloh
eXp Realty
(253) 312-0776
10 in this area
126 Total Sales
Listed by eXp Realty, Bought with Real Broker LLC
6608 205th St E Spanaway, WA 98387
Estimated Value: $662,000 - $773,000
4
Beds
4
Baths
2,760
Sq Ft
$258/Sq Ft
Est. Value
Highlights
- RV Access or Parking
- Secluded Lot
- High Speed Internet
- 1 Acre Lot
- Open Space
- Partially Fenced Property
About This Home
As of May 2016Fantastic duplex near the end of Canyon Road, on 1 acre lot, with strong potential for subdividing for a Single Family Home lot. Cap rate of 6.8% (7.25%, if priced without added value for potential extra lot). Vacancy rate has been very low on this property. One current tenant is halfway through 3-yr lease, with plans to stay longer. Other tenant is M2M after March. Option for owner occupied. Seller has purposefully left options open for future owner. Please call Listing Agent with questions.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 891210
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,009
Year Built
- Built in 1993
Lot Details
- 1 Acre Lot
- Open Space
- Street terminates at a dead end
- Partially Fenced Property
- Secluded Lot
- Corner Lot
- Value in Land
Home Design
- Duplex
- Poured Concrete
- Composition Roof
- Wood Siding
Interior Spaces
- 2,760 Sq Ft Home
- 2-Story Property
Flooring
- Carpet
- Laminate
- Vinyl
Parking
- 2 Parking Spaces
- 2 Covered Spaces
- RV Access or Parking
Utilities
- Septic Tank
- Septic System
- High Speed Internet
- Cable TV Available
Community Details
- Frederickson Subdivision
Listing and Financial Details
- Assessor Parcel Number 4015000121
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 3, 2016
Closed on
May 16, 2016
Sold by
Schliep Justin and Schliep Christina
Bought by
Chima Nnamdia
Seller's Agent
Joel Lutterloh
eXp Realty
Buyer's Agent
Kirsten Donovan
Real Broker LLC
List Price
$339,500
Sold Price
$301,000
Premium/Discount to List
-$38,500
-11.34%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$410,458
Avg. Annual Appreciation
9.62%
Original Mortgage
$284,747
Outstanding Balance
$225,489
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$485,969
Purchase Details
Closed on
Nov 23, 2011
Sold by
Schliep Justin and Schliep Christina
Bought by
Schliep Justin and Schliep Christina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,369
Interest Rate
4.25%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 9, 2008
Sold by
Mdrd Properties West Llc
Bought by
Schliep Justin and Rose Christina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,901
Interest Rate
6.22%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 8, 2008
Sold by
Dorman Michael G and Dorman Rebekah S
Bought by
Mdrd Properties West Llc
Purchase Details
Closed on
Oct 29, 2003
Sold by
Field Darlene M
Bought by
Dorman Michael G and Dorman Rebekah S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,200
Interest Rate
5.72%
Mortgage Type
Balloon
Purchase Details
Closed on
Feb 9, 1994
Sold by
Norcor Inc
Bought by
Field William G and Field Darlene M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,770
Interest Rate
7.24%
Mortgage Type
Assumption
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chima Nnamdia | $300,719 | Cw Title | |
| Schliep Justin | -- | Ort | |
| Schliep Justin | $330,000 | Rainier | |
| Mdrd Properties West Llc | -- | None Available | |
| Dorman Michael G | $234,000 | First American Title Ins Co | |
| Field William G | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chima Nnamdia | $284,747 | |
| Previous Owner | Schliep Justin | $313,369 | |
| Previous Owner | Schliep Justin | $324,901 | |
| Previous Owner | Dorman Michael G | $187,200 | |
| Previous Owner | Field William G | $163,770 | |
| Closed | Dorman Michael G | $35,050 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/24/2016 05/24/16 | Sold | $301,000 | -11.3% | $109 / Sq Ft |
| 03/30/2016 03/30/16 | Pending | -- | -- | -- |
| 02/03/2016 02/03/16 | For Sale | $339,500 | -- | $123 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $7,079 | $643,700 | $210,500 | $433,200 |
| 2024 | $7,079 | $621,100 | $210,500 | $410,600 |
| 2023 | $7,079 | $602,700 | $207,300 | $395,400 |
| 2022 | $6,642 | $604,500 | $210,500 | $394,000 |
| 2021 | $6,196 | $438,700 | $142,300 | $296,400 |
| 2019 | $4,415 | $379,100 | $119,200 | $259,900 |
| 2018 | $4,207 | $350,400 | $102,800 | $247,600 |
| 2017 | $4,207 | $293,500 | $94,600 | $198,900 |
| 2016 | $4,009 | $240,700 | $79,600 | $161,100 |
| 2014 | $3,394 | $234,800 | $80,800 | $154,000 |
| 2013 | $3,394 | $211,900 | $69,700 | $142,200 |
Source: Public Records
Agents Affiliated with this Home
-
Joel Lutterloh
-
Kirsten Donovan
K
Buyer's Agent in 2016
Kirsten Donovan
Real Broker LLC
(206) 465-4221
20 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 891210
APN: 401500-0121
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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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