NOT LISTED FOR SALE

7011 198th St E Spanaway, WA 98387

Estimated Value: $471,000 - $484,000

3 Beds
3 Baths
1,366 Sq Ft
$349/Sq Ft Est. Value

Last Sold March 03, 2017

Last sale price $264,000 $193 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,050/month

49 Days on Market

Highlights

  • Attached Garage
  • High Speed Internet
  • Level Lot
  • Patio
  • Property is Fully Fenced
  • Wood Siding

About This Home

As of March 2017

*NEW* Fantastic floor plan w/super high ceilings & open flow w/hardwood floors from living to dining & kitchen w/breakfast bar & stainless steel appliances, plus main floor office/den. Generous master w/full bath & walk in closet. Finishes include white millwork & 2 panel doors, brushed nickel hardware. Hardi Plank siding. Large fenced & landscaped yard w/patio. Excellent neighborhood, close to schools, shopping, amenities. No home owners association. $5,000 buyer bonus w/preferred lender.

Last Agent to Sell the Property

Tory Mayfield

Keller Williams Realty PS License #27276 Listed on: 12/05/2016

Keller Williams Realty PS

Last Buyer's Agent

Jamie Hale

Engel & Voelkers Federal Way

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1057862

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,462

Year Built

  • Built in 2016

Lot Details

  • Property is Fully Fenced
  • Level Lot

Parking

  • Attached Garage

Home Design

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

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Outdoor Features

  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Spanaway Community

Listing and Financial Details

  • Assessor Parcel Number 6021470382

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,462

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • New Construction: Completed
  • Homebuilder: Noffke's General Contracting
  • Building Information: Built On Lot
  • Entrance Level: Main
  • New Construction: Y
  • Year Built: 2016
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Laminate, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 3.00
  • Bathrooms: 2.50
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Den or Office: Main
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1366
  • Square Footage Finished: 1366

Exterior Features

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

Garage/Parking

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

Utilities

  • Heating And Cooling: Wall
  • Power Company: Puget Sound Energy
  • Sewer: Sewer Connected
  • Sewer Company: Pierce County
  • Water Company: Rainier View
  • Water Heater: Garage-Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Spanaway
  • Project: Summer Meadows

Schools

  • School District: BTH

Lot Info

  • Lot Details: Curbs, Paved Street
  • Lot Sq Ft: 7743
  • Lot Topography Vegetation: Level
  • Parcel Number: 6021470382
  • Lot Topography: Level

Tax Info

  • Tax Amount: 447

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2016
Closed on
Feb 22, 2017
Sold by
Spanaway 198Th St Llc
Bought by
Russell Powell Christopher and Powell Sheila
Seller's Agent
Tory Mayfield
Keller Williams Realty PS
Buyer's Agent
Jamie Hale
Engel & Voelkers Federal Way
List Price
$259,950
Sold Price
$264,000
Premium/Discount to List
$4,050
1.56%
Total Days on Market
49
Current Estimated Value
$477,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,059
Avg. Annual Appreciation
7.18%
Original Mortgage
$259,218
Interest Rate
4.19%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 30, 2015
Closed on
Feb 9, 2016
Sold by
Scheidler Jason
Bought by
Spanaway 198Th St Llc
Seller's Agent
Samantha Eastman
Silvercreek Realty Group
Buyer's Agent
Tory Mayfield
Keller Williams Realty PS
List Price
$45,000
Sold Price
$40,000
Premium/Discount to List
-$5,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
513.79%
Original Mortgage
$153,250
Interest Rate
3.62%
Mortgage Type
Construction
Source: Public Records

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Range of Values:

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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
Russell Powell Christopher $263,719 Chicago Title Co
Spanaway 198Th St Llc $39,719 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russell-Powell Christopher M $345,950
Closed Russell-Powell Christopher M $49,382
Closed Russell Powell Christopher M $259,218
Closed Russell Powell Christopher M $10,368
Closed Russell Powell Christopher $259,218
Previous Owner Spanaway 198Th St Llc $153,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2017 03/03/17 Sold $264,000 +1.6% $193 / Sq Ft
01/24/2017 01/24/17 Pending -- -- --
12/05/2016 12/05/16 For Sale $259,950 +549.9% $190 / Sq Ft
02/19/2016 02/19/16 Sold $40,000 -11.1% $29 / Sq Ft
12/17/2015 12/17/15 Pending -- -- --
01/30/2015 01/30/15 For Sale $45,000 -- $33 / 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
2024 $4,462 $395,500 $160,200 $235,300
2023 $4,462 $378,600 $166,200 $212,400
2022 $4,070 $392,800 $153,100 $239,700
2021 $3,693 $258,800 $99,100 $159,700
2019 $2,785 $233,800 $82,100 $151,700
2018 $3,145 $218,800 $75,900 $142,900
2017 $1,778 $198,300 $66,300 $132,000
2016 $460 $27,700 $27,700 $0
2014 $405 $27,700 $27,700 $0
2013 $405 $25,400 $25,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1057862

Northwest Multiple Listing Service (NWMLS)

APN: 602147-0382