Listed by eXp Realty, Bought with Real Broker LLC
NOT LISTED FOR SALE

6608 205th St E Spanaway, WA 98387

Graham Area

Estimated Value: $689,000 - $703,039

4 Beds
4 Baths
2,760 Sq Ft
$252/Sq Ft Est. Value

Sale Details

Date Sold: May 24, 2016

Last sale price $301,000 $109 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $4,407 / mo

55 Days on Market

Highlights

  • RV Access or Parking
  • Secluded Lot
  • High Speed Internet
  • 1 Acre Lot
  • Open Space
  • Partially Fenced Property

About This Home

As of May 2016

Fantastic 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.

Last Agent to Sell the Property

Joel Lutterloh

eXp Realty License #26890 Listed on: 02/03/2016

eXp Realty

Last Buyer's Agent

Kirsten Donovan

Real Broker LLC License #100619

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 891210

Northwest Multiple Listing Service (NWMLS)

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 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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,009

Year Built

Built in 1993

Lot Details

1 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 52 - Duplex
  • Year Built: 1993
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • Structure Type: Duplex
  • CalculatedSquareFootage: 2760
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Dead End Street, Open Space, Secluded, Value In Land
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Fully Fenced
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Septic System, Electricity Available
  • PowerCompany: Puget Sound Energy
  • SewerCompany: n/a -- Septic
  • WaterCompany: Rainier View

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Bethel
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 4015000121
  • Lot Size Acres: 1.0033
  • Lot Size Sq Ft: 43703
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet,RV Parking
  • MLSLotSizeSource: Pierce County

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 2400

Tax Info

  • Year: 2015
  • Tax Annual Amount: 4009

Multi Family

  • Number Of Units Total: 2
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2016
Closed on
May 16, 2016
Sold by
Bought by
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
$695,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,260
Avg. Annual Appreciation
8.55%
Original Mortgage
$284,747
Interest Rate
0.035%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 23, 2011
Sold by
Bought by

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
0.0425%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 9, 2008
Sold by
Bought by

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
0.0622%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 8, 2008
Sold by
Bought by

Purchase Details

Closed on
Oct 29, 2003
Sold by
Bought by

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
0.0572%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 9, 1994
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$300,719 Cw Title
-- Ort
$330,000 Rainier
-- None Available
$234,000 First American Title Ins Co
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $209,450
Closed $284,747
Previous Owner $313,369
Previous Owner $324,901
Previous Owner $187,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

    Seller's Agent in 2016

    Joel Lutterloh

    eXp Realty

    (253) 312-0776

    113 Total Sales

    Joel Lutterloh
    Section Image

  • K

    Buyer's Agent in 2016

    Kirsten Donovan

    Real Broker LLC

    (206) 465-4221

    17 Total Sales

    Kirsten Donovan
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 891210

Northwest Multiple Listing Service (NWMLS)

APN: 401500-0121

Washington Pierce County Spanaway 98387

6608 205th St E, Spanaway, WA

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. ©2026 NWMLS.
Based on information submitted to the MLS GRID
Listings courtesy of Northwest Multiple Listing Service (NWMLS) as distributed by MLS GRID

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