NOT LISTED FOR SALE

7703 198th St E Spanaway, WA 98387

Estimated Value: $566,000 - $591,000

5 Beds
3 Baths
2,870 Sq Ft
$201/Sq Ft Est. Value

Last Sold August 01, 2014

Last sale price $230,000 $80 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $3,744/month

4 Days on Market

About This Home

As of August 2014

Love to entertain? Then don't miss this beautiful home that comes complete with formal living, formal dining, 4 bedrooms upstairs, 1 bedroom/office downstairs, open kitchen with granite countertops, cherry cabinets, island, hardwood flooring from entry that leads to kitchen area. Plenty of storage throughout, open loft, fully fenced yard, AC Heat Pump, 2 car garage, french doors leading to master bedroom with sitting room & 5 piece master bathroom. Great neighorhood w/ park & close to Canyon Rd.

Last Listed By

Zenika Gandara

Skyline Properties, Inc. License #26022 Listed on: 12/06/2013

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM572011

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$6,169

Year Built

2005

Lot Details

0

Listing Details

  • Condition: Very Good
  • Sq Ft Finished: 2870
  • Form 17: Provided
  • Special Features: 12
  • Year Built: 2005

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Fireplaces: 1
  • Features: Bath Off Master, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, French Doors, Jetted Tub, Loft, Security System, Vaulted Ceilings, Walk In Pantry, Walk-in Closet
  • Fireplaces: 1
  • Floor: Laminate, Vinyl, Wall to Wall Carpet

Exterior Features

  • Roof: Composition
  • Community Features: CCRs
  • Exterior: Metal/Vinyl
  • Foundation: Poured Concrete
  • Lot Details: Paved Street
  • Roof: Composition
  • Site Features: Cable TV, Full Fence, Natural Gas Available, High Speed Internet

Garage/Parking

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

Utilities

  • Cooling: Forced Air
  • Heating: Forced Air
  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Heating and Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Connected
  • Sewer Company: City of Tacoma
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 28
  • HOA Fee Frequency: Annual

Schools

  • School District: BTH
  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2013
Closed on
Jul 30, 2014
Sold by
Cherry Lonnie L and Cherry Sabrina M
Bought by
Ih3 Property Washington Lp
Seller's Agent
Zenika Gandara
Skyline Properties, Inc.
Buyer's Agent
Paul Lee
Realty ONE Group Orca Gold
List Price
$249,950
Sold Price
$230,000
Premium/Discount to List
-$19,950
-7.98%
Total Days on Market
4
Current Estimated Value
$577,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,028
Avg. Annual Appreciation
8.86%

Purchase Details

Closed on
Jun 9, 2005
Sold by
Premier Communities Inc
Bought by
Cherry Lonnie L and Cherry Sabrina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,818
Interest Rate
5.58%
Mortgage Type
Stand Alone Second

Range of Values:

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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

Date Buyer Sale Price Title Company
Ih3 Property Washington Lp $229,719 First American Title Ins Co
Cherry Lonnie L $294,093 Ticor Title Of Wa Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cherry Lonnie L $352,800
Previous Owner Cherry Lonnie L $88,600
Previous Owner Cherry Lonnie L $58,818
Previous Owner Cherry Lonnie L $235,274
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2014 08/01/14 Sold $230,000 -8.0% $80 / Sq Ft
12/11/2013 12/11/13 Pending -- -- --
12/06/2013 12/06/13 For Sale $249,950 -- $87 / 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 $6,169 $556,000 $150,600 $405,400
2023 $6,169 $521,100 $156,100 $365,000
2022 $5,717 $514,800 $143,900 $370,900
2021 $5,630 $397,800 $98,000 $299,800
2019 $4,294 $366,100 $81,200 $284,900
2018 $4,891 $343,500 $75,100 $268,400
2017 $4,418 $313,400 $65,500 $247,900
2016 $3,874 $247,000 $46,900 $200,100
2014 $3,452 $228,500 $46,900 $181,600
2013 $3,452 $212,500 $43,000 $169,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM572011

Northwest Multiple Listing Service (NWMLS)

APN: 602460-0180