Listed by RE/MAX, The Collective, Bought with MORE Realty
NOT LISTED FOR SALE

8315 198th St E Spanaway, WA 98387

Estimated Value: $424,735 - $554,000

2.43 Acres
$193,379 Price per Acre
105,851 Sq Ft Lot

Last Sold August 01, 2022

Last sale price $400,000

Est. 17% increase in value since last sale

Current estimated payment $2,746/month

Highlights

  • 2.43 Acre Lot
  • Corner Lot
  • Cul-De-Sac
  • Territorial View
  • No HOA

About This Lot

As of August 2022

Great Development Opportunity!! 2.43 Acres. Prime location. Nice level and dry property, power, water, phone and cable on the property. MSF zoning should allow for 8-12 lots. Moderate Density Single Family allows residential up to 4 units per acre without sewer and up to 6 units per acre with sewer. Sewer/gas is in the street behind the property in the newer housing development. But not currently connected. Buyer to verify all information to buyer satisfaction. Owner financing available for qualified buyers and reasonable terms.

Last Agent to Sell the Property

Tamara Myznikov

RE/MAX, The Collective License #15068 Listed on: 01/28/2022

RE/MAX, The Collective

Last Buyer's Agent

Terri Desjardins

MORE Realty License #18995

MORE Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1882611

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,429

Lot Details

  • 2.43 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Corner Lot
  • Level Lot
  • Zoning described as MSF

Schools

  • Pioneer Vly Elementary School
  • Liberty Jh Middle School
  • Graham-Kapowsin High School

Additional Features

  • Territorial Views
  • Septic Design Installed

Community Details

  • No Home Owners Association
  • Frederickson Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4015317422

Property Details

Property Type

Land

Est. Annual Taxes

$2,429

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 41 - Res-Over 1 Acre
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • PropertyFeatures: Brush,Lightly Treed,Partially Cleared
  • Restrictions: Manufactured Homes OK
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • View: Territorial
  • Lot Features: Corner Lot, Cul-De-Sac, Dead End Street, Paved
  • Road Surface Type: Gravel, Paved
  • View: Yes
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: Access Easement,Gravel,Paved

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Available
  • Water Source: On Property
  • Electricity On Property: Yes
  • Utilities: Natural Gas Available, Electricity Connected, Septic Design Installed
  • ElectricityStatus: On Property
  • GasStatus: Available
  • SepticDesignInstalled: true

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Bethel
  • High School: Graham-Kapowsin High
  • Middle Or Junior School: Liberty JH

Lot Info

  • Parcel Number: 4015317422
  • Topography: Level
  • Lot Size Acres: 2.43
  • Lot Size: 315X335 +/-
  • Lot Size Sq Ft: 105851
  • Zoning Description: MSF
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Relist
  • ZoningJurisdiction: County
  • ZoningClass: Residential

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2429

MLS Schools

  • Elementary School: Pioneer Vly Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2022
Closed on
Jul 21, 2022
Sold by
Kuhlman and Vanessa
Bought by
Value Line Homes Llc
Seller's Agent
Tamara Myznikov
RE/MAX, The Collective
Buyer's Agent
Terri Desjardins
MORE Realty
List Price
$400,000
Sold Price
$400,000
Current Estimated Value
$469,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,912
Avg. Annual Appreciation
5.20%

Purchase Details

Closed on
Jan 3, 2005
Sold by
Plumb Terrence R
Bought by
Kuhlman Jeff and Kuhlman Vanessa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.74%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 15, 2003
Sold by
Mitakis Michael
Bought by
Plumb Terrence R and Plumb Linda L
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
Value Line Homes Llc -- First American Title
Kuhlman Jeff $151,000 Fidelity National Title Comp
Plumb Terrence R $122,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kuhlman Jeff $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2022 08/01/22 Sold $400,000 0.0% --
02/03/2022 02/03/22 Pending -- -- --
01/28/2022 01/28/22 For Sale $400,000 -- --
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 $3,061 $282,600 $282,600 --
2024 $3,061 $272,500 $272,500 --
2023 $3,061 $282,600 $282,600 $0
2022 $2,498 $260,400 $260,400 $0
2021 $2,429 $185,100 $185,100 $0
2019 $1,748 $153,300 $153,300 $0
2018 $2,012 $141,700 $141,700 $0
2017 $1,748 $123,700 $123,700 $0
2016 $1,852 $105,600 $105,600 $0
2014 $1,631 $105,600 $105,600 $0
2013 $1,631 $96,900 $96,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1882611

Northwest Multiple Listing Service (NWMLS)

APN: 401531-7422