NOT LISTED FOR SALE

7601 198th St E Spanaway, WA 98387

Estimated Value: $573,000 - $586,000

4 Beds
3 Baths
2,642 Sq Ft
$219/Sq Ft Est. Value

Last Sold December 11, 2019

Last sale price $360,000 $136 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,553/month

51 Days on Market

Highlights

  • 1 Fireplace
  • Attached Garage
  • Wall to Wall Carpet

About This Home

As of December 2019

Come see this extra spacious home that has room for everyone. Downstairs, large entry way and offset dining room. Around the corner is a open concept living room/kitchen and island with plenty of room to entertain. Upstairs, 4 bedrooms and a massive loft great for workout center, extra living room or anything you'd like! Vaulted ceilings in master with a 5 piece master bath with custom built ins in closet. ALL appliances stay as well as bunk bed (if wanted) bookshelfs, and BBQ!

Last Agent to Sell the Property

Matthew Gerrish

Premier Real Estate Partners License #27973 Listed on: 09/17/2019

Last Buyer's Agent

Sheila Green

Engel & Voelkers Federal Way

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1520384

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,819

Year Built

  • Built in 2004

Lot Details

  • 9,148

Parking

  • Attached Garage

Home Design

  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate

Laundry

  • Dryer
  • Washer

Community Details

  • Spanaway Community
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 6024600120

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,819

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Loft, Vaulted Ceilings
  • Floor Covering: Laminate, 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
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Estimated Sq Ft: 2642

Exterior Features

  • Exterior: Metal/Vinyl
  • Roof: Composition

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: TPU
  • Sewer: Sewer Connected
  • Sewer Company: Pierce County
  • Water Company: Rainierview
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Spanaway
  • Community Features: CCRs

Schools

  • School District: BTH

Lot Info

  • Lot Sq Ft: 9300
  • Parcel Number: 6024600120

Tax Info

  • Tax Amount: 4018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2019
Closed on
Dec 6, 2019
Sold by
Esparza Allen C and Esparza Julie M
Bought by
Ndungu Peter N
Seller's Agent
Matthew Gerrish
Premier Real Estate Partners
Buyer's Agent
Sheila Green
Engel & Voelkers Federal Way
List Price
$379,950
Sold Price
$360,000
Premium/Discount to List
-$19,950
-5.25%
Current Estimated Value
$578,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,595
Avg. Annual Appreciation
8.49%
Original Mortgage
$353,429
Outstanding Balance
$314,697
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$263,898

Purchase Details

Closed on
Feb 24, 2016
Sold by
Esparza Allen C
Bought by
Esparza Allen C and Esparza Julie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,332
Interest Rate
3.68%
Mortgage Type
FHA

Purchase Details

Closed on
May 15, 2006
Sold by
Esparza Allen C and Esparza Marina E
Bought by
Esparza Allen C

Purchase Details

Closed on
Jul 22, 2005
Sold by
Premier Communities Inc
Bought by
Esparza Allen C and Esparza Marina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,621
Interest Rate
5.56%
Mortgage Type
FHA
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
Ndungu Peter N $359,950 Wfg Natl Ttl Co Of Wa Llc
Esparza Allen C -- Stewart Title Company
Esparza Allen C -- Fidelity National Title Insu
Esparza Allen C $276,900 Ticor Title Of Wa Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ndungu Peter N $353,429
Previous Owner Esparza Allen C $308,332
Previous Owner Esparza Allen C $272,621
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2019 12/11/19 Sold $360,000 0.0% $136 / Sq Ft
11/07/2019 11/07/19 Pending -- -- --
10/31/2019 10/31/19 Price Changed $359,950 -1.4% $136 / Sq Ft
10/17/2019 10/17/19 Price Changed $364,950 -1.4% $138 / Sq Ft
09/24/2019 09/24/19 Price Changed $369,950 -2.6% $140 / Sq Ft
09/17/2019 09/17/19 For Sale $379,950 -- $144 / 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 $5,819 $542,400 $163,900 $378,500
2024 $5,819 $520,500 $158,100 $362,400
2023 $5,819 $490,900 $163,900 $327,000
2022 $5,361 $483,200 $151,000 $332,200
2021 $5,293 $373,300 $103,600 $269,700
2019 $4,018 $342,200 $85,900 $256,300
2018 $4,571 $320,700 $79,300 $241,400
2017 $4,123 $292,300 $69,300 $223,000
2016 $3,731 $237,200 $49,700 $187,500
2014 $3,323 $219,800 $49,700 $170,100
2013 $3,323 $204,400 $45,600 $158,800
Source: Public Records

Agents Affiliated with this Home

  • Matthew Gerrish

    Seller's Agent in 2019

    Matthew Gerrish

    Premier Real Estate Partners

    (253) 651-9439

    9 in this area

    165 Total Sales

    Matthew Gerrish
    Section Image

  • S

    Buyer's Agent in 2019

    Sheila Green

    Engel & Voelkers Federal Way

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1520384

Northwest Multiple Listing Service (NWMLS)

APN: 602460-0120

Washington Pierce County Spanaway 98387

7601 198th St E, Spanaway, WA

This home is located at 7601 198th St E, Spanaway, WA 98387 since 17 September 2019 and is currently estimated at $578,595, approximately $218 per square foot. This property was built in 2004. 7601 198th St E is a home located in Pierce County with nearby schools including Pioneer Valley Elementary School, Liberty Middle School, and Graham Kapowsin 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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