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1612 203rd Street East

1612 203rd Street East, Spanaway, WA 98387
Property in Spanaway
Sold Aug 17, 2020
$360,000
$347,985 by Guild Mortgage Co
Mortgage Due Sep 01, 2050
Sold Jul 28, 2009
$205,000
$209,400 by Wells Fargo Bank Na
Mortgage Due Aug 01, 2039
Local assessors in Spanaway, WA have categorized 1612 203rd Street East as a residential type of property. The home was built in 2006 and is 18 years old. It was most recently renovated and altered in 2008. The property's lot size has been calculated to be 4,250 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bi-level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1612 203rd Street East has a total of 2,546 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 454 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of composition shingle. Lots of a combination of material were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1612 203rd Street East sold most recently in Jul 29, 2020 for a total of $360,000. If you work out the math, that's approximately a cost of $792.95 per sqft. Before that, the property was also sold for $205,000 in Jul 23, 2009. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,570 in taxes each year. 1612 203rd Street East was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $484,800. If we break it down further, the land itself was valued at $138,100. Improvements to the property, however, were assessed at a total of $346,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Combination
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 454
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 4,250
  • Total Building Area: 454
  • Gross Building Area: 454
  • Building Area: 2,546
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,546
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: NANCY ESTATES PDD
  • Land Acres: 0.098
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: SECTION 03 TOWNSHIP 18 RANGE 03 QUARTER 42 PLAT NANCY ESTATES PDD LOT 94 EASE OF RECORD OUT OF 03-18-03-4-001 & 4-002 SEG 2006-0466 JU 10/20/05JU

Ownership

  • Current Owner : LAI CHI KIM
  • Previous Owner : PENNY KENNETH F
  • Previous Owner 2: PENNY GLENEVEA
  • Owner Before Previous Owner: MAILEY SHERYL S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bethel School District
  • Census Tract: 071411

Zoning

  • Zoning: MSF

Geography

  • Assessors Map Reference: 894-A2
  • Parcel: 500350-0-940
  • Lot: 94
  • Meridian: SEC 03 TWN 18 RNG 03
  • Municipality: PIERCE COUNTY
  • Latitude: 47.0724
  • Longitude: -122.408

    Address

  • Full Address: 1612 203rd St E
  • Address - House Number: 1612
  • Street Segment Direction: E
  • Address - Street Name: 203rd
  • Address - Suffix Type: St
  • State: WA
  • City Name: Spanaway
  • Carrier Code: R005
  • 4-Digit Zip Code: 1828
  • Zip Code: 98387

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,570
  • Tax Rate Code Area: 591

    Appraisal Valuation

  • Standard Deviation: 0.1495
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 81
  • Final Value: 521,040
  • High Value: 598,960
  • Low Value: 443,120

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $347,985
  • First Open Lien Mortgage Lender: GUILD MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Aug 17, 2020
  • First Open Lien Mortgage Loan Amount: $347,985
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Market Valuation

  • Market Total Value: $484,800
  • Market Land Value: $138,100
  • Market Improvement Value: $346,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $484,800
  • Assessed Land Value: $138,100
  • Assessed Improvements Value: $346,700

    Sales

  • Current Sale Contract Date: Jul 29, 2020
  • Current Sale Recording Date: Aug 17, 2020
  • Current Sale Transaction ID: 11781451992
  • Current Sale Price: $360,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202008171029
  • Previous Sale Recording Date: Jul 28, 2009
  • Previous Sale Contract Date: Jul 23, 2009
  • Previous Sale Amount: $205,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUILD MORTGAGE CO
  • First Mortgage Transaction Date: Aug 17, 2020
  • First Mortgage Loan Amount: $347,985
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jul 28, 2009
  • Previous Mortgage Loan Amount: $209,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Aug 01, 2039

About Spanaway



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Frequently Asked Questions

What neighborhood is 1612 203rd Street East located in?
The 1612 203rd Street East is a located in the neighborhood of Spanaway in Spanaway, Spanaway.
What is the average sales price for listings in 1612 203rd Street East?
The average sales price for units in 1612 203rd Street East is $0 currently.

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