Listed by Windermere Prof Partners, Bought with Windermere R.E. Northeast, Inc
NOT LISTED FOR SALE

814 816 196th St E Spanaway, WA 98387

Estimated Value: $552,000 - $607,000

4 Beds
3 Baths
2,052 Sq Ft
$278/Sq Ft Est. Value

Last Sold January 25, 2018

Last sale price $265,000 $129 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $3,460/month

120 Days on Market

Highlights

  • 0.45 Acre Lot
  • Thermal Windows
  • Patio
  • Territorial View
  • Cul-De-Sac
  • Partially Fenced Property

About This Home

As of January 2018

Great Investment Property! Townhouse duplex, large .45 Acre lot. Each side 2 bedrooms, 1.5 Baths, 1 car garage, wood fp living room. Big yards. Patios. Newer Hardiplank Siding. Laundry rooms in garage. New vinyl windows & doors within last 7 years. New water heater 816. Long term tenants. Septic lids on risers. Near JBLM. Appointment Only with accepted offer. NEW chain link fence installed on East property line (both duplexes), defines additional parking. #1174439 810 812 196th also for sale.

Last Agent to Sell the Property

Vickie Jennings

Windermere Prof Partners License #9961 Listed on: 08/08/2017

Windermere Prof Partners

Co-Listed By

Cathlene Torgerson

Windermere Prof Partners License #27878

Last Buyer's Agent

Jeanette Eide

Windermere R.E. Northeast, Inc License #76796

Windermere R.E. Northeast, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1174454

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,369

Year Built

  • Built in 1980

Lot Details

  • 0.45 Acre Lot
  • Cul-De-Sac
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 2,052 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Schools

  • Spanaway Lake High School

Utilities

  • Shared Well
  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • Short Plat 79 505 Condos
  • Spanaway Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 031803-6-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,369

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1980
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Short Plat 79-505
  • New Construction: No
  • CalculatedSquareFootage: 2052
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Cul-De-Sac, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement/Concrete
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 6

Utilities

  • Sewer: Septic Tank
  • Water Source: Shared Well
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Septic System, Electric
  • PowerCompany: TPU
  • SewerCompany: Septic
  • WaterCompany: Kuzmanich Water

Schools

  • Junior High Dist: Bethel
  • High School: Spanaway Lake High

Lot Info

  • Parcel Number: 031803-6-008
  • Lot Size Acres: 0.45
  • Lot Size Sq Ft: 19602
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Patio
  • MLSLotSizeSource: tax records
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family
  • LotNumber: 2

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 1700

Tax Info

  • Year: 2017
  • Tax Annual Amount: 3369

Multi Family

  • Number Of Units Total: 2
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2017
Closed on
Jan 22, 2018
Sold by
Chavez Christine Joy
Bought by
An Edward
Seller's Agent
Vickie Jennings
Windermere Prof Partners
Buyer's Agent
Jeanette Eide
Windermere R.E. Northeast, Inc
List Price
$285,000
Sold Price
$265,000
Premium/Discount to List
-$20,000
-7.02%
Current Estimated Value
$569,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,815
Avg. Annual Appreciation
10.14%
Original Mortgage
$198,750
Outstanding Balance
$167,679
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$402,136

Purchase Details

Listed on
Aug 8, 2017
Closed on
Jan 19, 2018
Sold by
Trejean Llc
Bought by
An Edward
Seller's Agent
Vickie Jennings
Windermere Prof Partners
Buyer's Agent
Jeanette Eide
Windermere R.E. Northeast, Inc
List Price
$285,000
Sold Price
$265,000
Premium/Discount to List
-$20,000
-7.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Outstanding Balance
$167,679
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$402,136

Purchase Details

Closed on
Feb 25, 2008
Sold by
Nesset Burton L
Bought by
Trejean Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
An Edward -- Chicago Title
An Edward $264,719 Chicago Title
Trejean Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open An Edward $198,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2018 01/25/18 Sold $265,000 -3.6% $129 / Sq Ft
12/08/2017 12/08/17 Pending -- -- --
10/27/2017 10/27/17 Price Changed $275,000 -3.5% $134 / Sq Ft
08/09/2017 08/09/17 For Sale $285,000 -- $139 / 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 $5,705 $512,600 $198,900 $313,700
2024 $5,705 $508,600 $193,100 $315,500
2023 $5,705 $487,200 $198,900 $288,300
2022 $5,511 $464,200 $188,700 $275,500
2021 $5,030 $355,700 $123,500 $232,200
2019 $3,273 $297,800 $107,700 $190,100
2018 $1,877 $263,500 $97,700 $165,800
2017 $3,369 $237,500 $86,200 $151,300
2016 $3,178 $195,700 $72,500 $123,200
2014 $2,758 $186,100 $69,600 $116,500
2013 $2,758 $168,900 $60,100 $108,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1174454

Northwest Multiple Listing Service (NWMLS)

APN: 031803-6008