Listed by eXp Realty, Bought with Premier Real Estate Partners
NOT LISTED FOR SALE

8803 198th St E Spanaway, WA 98387

Estimated Value: $554,000 - $563,120

4 Beds
2.5 Baths
2,205 Sq Ft
$254/Sq Ft Est. Value

Last Sold April 19, 2024

Last sale price $542,000 $246 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,489/month

4 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Cul-De-Sac
  • Vaulted Ceiling
  • Walk-In Pantry
  • 3 Car Attached Garage

About This Home

As of April 2024

Welcome to your oasis! This exquisite 4 bed, 2.5 bath haven spans 2205 sq ft of pure luxury. Revel in the fresh interior paint and gleaming wood floors, offering a warm welcome. Entertain effortlessly in the spacious kitchen with an island, while vaulted ceilings elevate the master bedroom. Pamper yourself in the lavish 5-piece ensuite and walk-in closets. Outside, a covered back deck beckons for relaxation, overlooking the lush greenbelt. Discover the convenience of a 3-car garage and a workshop with electric, partially finished for your creative endeavors. Perfectly situated near JBLM, this home harmonizes comfort and convenience seamlessly. Don't let this rare gem slip away!

Last Agent to Sell the Property

Cyrus Bonnet

eXp Realty License #109117 Listed on: 03/14/2024

eXp Realty

Last Buyer's Agent

Matthew Gerrish

Premier Real Estate Partners License #27973

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2202422

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,817

Year Built

  • Built in 1999

Lot Details

  • 8,913 Sq Ft Lot
  • Cul-De-Sac
  • Property is Fully Fenced
  • Level Lot
  • Property is in very good condition

HOA Fees

  • $49 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,205 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Dining Room
  • Storm Windows

Kitchen

  • Walk-In Pantry
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Cable TV Available

Community Details

  • Https://Asofwa.Condocerts.Com/ Association
  • Thomas Springs Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,817

Year Built

Built in 1999

Lot Details

0

HOA Fees

$49 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 1999
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwashers,Microwaves,Refrigerators,StovesRanges
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 2205
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2202422?w=Consumer&agent=90808
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Appliances: Dishwasher(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Hardwood, Wall to Wall Carpet, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry
  • Living Area: 2205
  • Main Level Bedrooms: 1
  • Bathrooms: 2.5
  • BathsFullMain: 0
  • SquareFootageFinished: 2205
  • 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: 3
  • AppliancesIncluded: Dishwasher(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s)
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: Tacoma Power
  • SewerCompany: Tacoma Public Utilities
  • WaterCompany: Rainier Water

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No
  • Association Fee: 49
  • Association Fee Frequency: Monthly
  • Association: Yes
  • AssociationContactName: https://asofwa.condocerts.com/

Schools

  • Junior High Dist: Bethel

Lot Info

  • Parcel Number: 602302-124-0
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.2046
  • Lot Size Sq Ft: 8913
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,Outbuildings,Patio
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 5817

Multi Family

  • EnergySource: Electric,Natural Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
Apr 12, 2024
Sold by
Hargrave Jacob C and Hilburn Linda Erin
Bought by
Cornett Steven A and Cornett Sabrina T
Seller's Agent
Cyrus Bonnet
eXp Realty
Buyer's Agent
Matthew Gerrish
Premier Real Estate Partners
List Price
$515,000
Sold Price
$542,000
Premium/Discount to List
$27,000
5.24%
Views
22
Current Estimated Value
$559,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,530
Avg. Annual Appreciation
2.24%
Original Mortgage
$559,886
Outstanding Balance
$545,800
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$13,730

Purchase Details

Listed on
Nov 16, 2018
Closed on
Dec 13, 2018
Sold by
Hilburn Linda and Hargrave Jacob C
Bought by
Hargrave Jacob C
Seller's Agent
Carol Maines-Curtis
John L. Scott, Inc.
Buyer's Agent
Homer Dodge
Better Properties Real Estate
List Price
$344,000
Sold Price
$350,000
Premium/Discount to List
$6,000
1.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.52%
Original Mortgage
$361,550
Interest Rate
4.8%
Mortgage Type
VA

Purchase Details

Listed on
Nov 16, 2018
Closed on
Dec 11, 2018
Sold by
Krauter Debra A and Krauter Eric W
Bought by
Hargrave Jacob C
Seller's Agent
Carol Maines-Curtis
John L. Scott, Inc.
Buyer's Agent
Homer Dodge
Better Properties Real Estate
List Price
$344,000
Sold Price
$350,000
Premium/Discount to List
$6,000
1.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,550
Interest Rate
4.8%
Mortgage Type
VA

Purchase Details

Closed on
Apr 26, 2004
Sold by
Arrowsmith Clint D and Arrowsmith Rebecca J
Bought by
Gonzales Charles Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,950
Interest Rate
5.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 1999
Sold by
Reich Construction Inc
Bought by
Arrowsmith Clint D and Arrowsmith Rebecca J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,200
Interest Rate
7.96%
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
Cornett Steven A $542,000 Wfg National Title Company Of
Hargrave Jacob C -- Attorneys Title Of Washingto
Hargrave Jacob C $350,000 Attorneys Title
Gonzales Charles Richard $221,950 Fidelity National Title Co
Arrowsmith Clint D $179,164 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cornett Steven A $559,886
Previous Owner Hargrave Jacob C $361,550
Previous Owner Gonzales Charles Richard $221,950
Previous Owner Arrowsmith Clint D $170,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Sold $542,000 +5.2% $246 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
03/14/2024 03/14/24 For Sale $515,000 +47.1% $234 / Sq Ft
12/14/2018 12/14/18 Sold $350,000 +1.7% $159 / Sq Ft
11/20/2018 11/20/18 Pending -- -- --
11/16/2018 11/16/18 For Sale $344,000 -- $156 / 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 $5,674 $530,900 $176,600 $354,300
2024 $5,674 $510,300 $170,300 $340,000
2023 $5,674 $481,300 $176,600 $304,700
2022 $5,565 $506,900 $162,700 $344,200
2021 $5,109 $361,600 $113,700 $247,900
2019 $3,823 $329,800 $94,200 $235,600
2018 $4,372 $304,600 $87,100 $217,500
2017 $3,906 $279,200 $76,100 $203,100
2016 $3,591 $225,300 $57,700 $167,600
2014 $3,121 $211,300 $57,700 $153,600
2013 $3,121 $194,900 $53,000 $141,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2202422

Northwest Multiple Listing Service (NWMLS)

APN: 602302-1240