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2504 202nd Street East

2504 202nd Street East, Spanaway, WA 98387
Property in Elk Plain
Sold Dec 31, 2020
$633,000
$443,100 by Homexpress Mortgage Corp
Mortgage Due Jan 01, 2051
Sold Jun 12, 2014
$359,719
$360,000 by Veterans United Home Loans
Mortgage Due Jul 01, 2044
Local assessors in Spanaway, WA have categorized 2504 202nd Street East as a residential type of property. The home was built in 1976 and is 48 years old. It was most recently renovated and altered in 1992. The property's lot size has been calculated to be 118,919 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split foyer 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, 3 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 2504 202nd Street East has a total of 2,188 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a unknown that is 1,056 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 624 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 a open porch so you'll have a great option in the front 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, 2504 202nd Street East sold most recently in Dec 29, 2020 for a total of $633,000. If you work out the math, that's approximately a cost of $272.38 per sqft. Before that, the property was also sold for $359,719 in Jun 12, 2014. 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 $6,929 in taxes each year. 2504 202nd Street East was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $607,200. If we break it down further, the land itself was valued at $273,800. Improvements to the property, however, were assessed at a total of $333,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1976
  • Effective Year Built: 1992
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split foyer
  • 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: 1,056
  • Garage Type: Attached
  • Garage Square Area: 624
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 118,919
  • Total Building Area: 2,324
  • Gross Building Area: 624
  • Building Area: 2,188
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,188
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 2.73
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: SECTION 02 TOWNSHIP 18 RANGE 03 QUARTER 32 : N 1/2 OF SE OF NW OF SW EXC ELY 264 FT SUBJ TO R/W OF RECORD TOG/W EASE EXC CO RD

Ownership

  • Current Owner : PENG FANG
  • Previous Owner : CORMLER ROYCE LEMELLA THOMAS
  • Previous Owner 2: CORMLER JENNIFER
  • Owner Before Previous Owner: NELSON ANN ELAINE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Bethel School District
  • Census Tract: 071413

Zoning

  • Zoning: MSF

Geography

  • Assessors Map Reference: 894-B2
  • Parcel: 031802-3-021
  • Meridian: SEC 02 TWN 18 RNG 03
  • Municipality: PIERCE COUNTY
  • Latitude: 47.0728
  • Longitude: -122.397

    Address

  • Full Address: 2504 202nd St E
  • Address - House Number: 2504
  • Street Segment Direction: E
  • Address - Street Name: 202nd
  • Address - Suffix Type: St
  • State: WA
  • City Name: Spanaway
  • Carrier Code: R024
  • 4-Digit Zip Code: 7204
  • Zip Code: 98387

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,929
  • Tax Rate Code Area: 591

    Appraisal Valuation

  • Standard Deviation: 0.1272
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 85
  • Final Value: 592,571
  • High Value: 667,983
  • Low Value: 517,160

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $443,100
  • First Open Lien Mortgage Lender: HOMEXPRESS MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Dec 31, 2020
  • First Open Lien Mortgage Loan Amount: $443,100
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $607,200
  • Market Land Value: $273,800
  • Market Improvement Value: $333,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $607,200
  • Assessed Land Value: $273,800
  • Assessed Improvements Value: $333,400

    Sales

  • Current Sale Contract Date: Dec 29, 2020
  • Current Sale Recording Date: Dec 31, 2020
  • Current Sale Transaction ID: 11811991444
  • Current Sale Price: $633,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202012310762
  • Previous Sale Recording Date: Jun 12, 2014
  • Previous Sale Contract Date: Jun 12, 2014
  • Previous Sale Amount: $359,719
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMEXPRESS MORTGAGE CORP
  • First Mortgage Transaction Date: Dec 31, 2020
  • First Mortgage Loan Amount: $443,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: VETERANS UNITED HOME LOANS
  • Previous Mortgage Transaction Date: Jun 12, 2014
  • Previous Mortgage Loan Amount: $360,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jul 01, 2044

About Elk Plain



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Frequently Asked Questions

What neighborhood is 2504 202nd Street East located in?
The 2504 202nd Street East is a located in the neighborhood of Elk Plain in Elk Plain, Spanaway.
What is the average sales price for listings in 2504 202nd Street East?
The average sales price for units in 2504 202nd Street East is $0 currently.

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