Listed by RE/MAX Northwest, Bought with Premier Real Estate Partners
NOT LISTED FOR SALE

8505 198th St E Spanaway, WA 98387

Estimated Value: $594,445 - $614,000

4 Beds
2.5 Baths
2,580 Sq Ft
$234/Sq Ft Est. Value

Last Sold March 18, 2020

Last sale price $445,000 $172 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,736/month

Highlights

  • Mountain View
  • Cul-De-Sac
  • Storm Windows
  • Vaulted Ceiling
  • 2 Car Attached Garage
  • Patio

About This Home

As of March 2020

Exceptional home with an open floor plan. It is nestled within a cul-de-sac with a community park, close to shopping, and JBLM. Upgraded with LED lighting, gas fireplace, AC, and an over-sized master bedroom which has a view of Mount Rainier! Eat-in kitchen, large pantry, granite countertops, and double oven with glass stovetop. The backyard features a large covered patio with recess lighting and wired for TV and audio. It has a finished garage with shelving and pegboard. THIS WILL NOT LAST!

Last Agent to Sell the Property

Fredrick Jordan

RE/MAX Northwest License #23001857 Listed on: 02/07/2020

RE/MAX Northwest

Last Buyer's Agent

Khalid Farrah

Premier Real Estate Partners License #104805

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1562761

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,305

Year Built

  • Built in 2012

Lot Details

  • 5,510 Sq Ft Lot
  • Cul-De-Sac
  • Property is Fully Fenced
  • Level Lot
  • Sprinkler System

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 2,580 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Mountain Views
  • Storm Windows

Kitchen

  • Oven or Range
  • Microwave

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Private Water Source
  • Water Heater
  • High Speed Internet

Community Details

  • Frederickson Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 602568-004-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,305

Year Built

Built in 2012

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 2012
  • Inclusions: Microwave,RangeOven
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 2580
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Microwave, Range/Oven
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Laminate, Carpet
  • Interior Amenities: Forced Air, Central A/C, High Efficiency - 90%+, Wall to Wall Carpet, Laminate, Ceiling Fan(s), Double Pane/Storm Window, Vaulted Ceiling(s), Water Heater
  • Living Area: 2580
  • Bathrooms: 2.5
  • BathsFullMain: 0
  • SquareFootageFinished: 2580
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 4
  • AppliancesIncluded: Microwave,Range/Oven
  • FireplacesLower: 1

Exterior Features

  • Roof: Composition
  • View: Mountain(s)
  • Lot Features: Cul-De-Sac, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Private
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: High Speed Internet, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • HeatingCoolingType: 90%+ High Efficiency,Central A/C,Forced Air
  • PowerCompany: PSE
  • SewerCompany: Pierce County Sewer
  • WaterCompany: Rainier View Water
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No
  • Association Fee: 25
  • Association Fee Frequency: Monthly

Schools

  • Junior High Dist: Bethel
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 602568-004-0
  • Topography: Level
  • Lot Size Acres: 0.1265
  • Lot Size: .126 ac/5510 sf
  • Lot Size Sq Ft: 5510
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,Gas Available,High Speed Internet,Patio,Sprinkler System
  • MLSLotSizeSource: County
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: County
  • LotNumber: 4

Green Features

  • Efficiency: High Efficiency - 90%+
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2019
  • Tax Annual Amount: 4305

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2020
Closed on
Mar 4, 2020
Sold by
Regalado Benjamin M and Regalado Dakota
Bought by
Crawford James D and Crawford Rosalyn M
Seller's Agent
Fredrick Jordan
RE/MAX Northwest
Buyer's Agent
Khalid Farrah
Premier Real Estate Partners
List Price
$429,999
Sold Price
$445,000
Premium/Discount to List
$15,001
3.49%
Current Estimated Value
$603,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,611
Avg. Annual Appreciation
5.65%
Original Mortgage
$461,020
Outstanding Balance
$408,299
Interest Rate
3.5%
Mortgage Type
VA
Estimated Equity
$195,312

Purchase Details

Listed on
Jun 23, 2016
Closed on
Nov 1, 2016
Sold by
Tritt Steve and Tritt Shelby
Bought by
Regalado Benjamin M and Regalado Dakota
Seller's Agent
Christi Dahl
John L. Scott, Inc
Buyer's Agent
Lorraine Gakin
Gateway Real Estate
List Price
$310,000
Sold Price
$308,000
Premium/Discount to List
-$2,000
-0.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.54%
Original Mortgage
$314,622
Interest Rate
3.48%
Mortgage Type
VA

Purchase Details

Listed on
Aug 24, 2012
Closed on
Jan 2, 2013
Sold by
Caliber Company Inc
Bought by
Tritt Steve and Berrens Shelby
Seller's Agent
Robert Keeney
John L. Scott, Inc.
Buyer's Agent
Brett Bonner
BHGRE - Northwest Home Team
List Price
$244,950
Sold Price
$244,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.06%
Original Mortgage
$240,512
Interest Rate
3.25%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Crawford James D $445,000 Chicago Title
Regalado Benjamin M $307,719 Ticor
Tritt Steve $244,950 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crawford James D $461,020
Previous Owner Regalado Benjamin M $314,622
Previous Owner Tritt Steve $240,512
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/18/2020 03/18/20 Sold $445,000 +3.5% $172 / Sq Ft
02/09/2020 02/09/20 Pending -- -- --
02/07/2020 02/07/20 For Sale $429,999 +39.6% $167 / Sq Ft
11/03/2016 11/03/16 Sold $308,000 +2.7% $123 / Sq Ft View Prior Sale
09/05/2016 09/05/16 Pending -- -- --
08/02/2016 08/02/16 Price Changed $300,000 -3.2% $120 / Sq Ft
07/10/2016 07/10/16 For Sale $310,000 +26.6% $124 / Sq Ft
12/14/2012 12/14/12 Sold $244,950 0.0% $98 / Sq Ft View Prior Sale
10/31/2012 10/31/12 Pending -- -- --
08/24/2012 08/24/12 For Sale $244,950 -- $98 / 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 $6,132 $580,500 $159,900 $420,600
2024 $6,132 $556,900 $154,200 $402,700
2023 $6,132 $521,400 $159,900 $361,500
2022 $6,105 $555,300 $147,300 $408,000
2021 $5,616 $399,100 $99,200 $299,900
2019 $4,305 $364,300 $82,200 $282,100
2018 $4,903 $344,400 $76,000 $268,400
2017 $4,394 $314,200 $66,300 $247,900
2016 $3,846 $244,900 $49,900 $195,000
2014 $3,356 $226,800 $49,900 $176,900
2013 $3,356 $209,300 $45,800 $163,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1562761

Northwest Multiple Listing Service (NWMLS)

APN: 602568-0040