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614 166th Street South

614 166th Street South, Spanaway, WA 98387
Property in Spanaway
Sold Jan 26, 2022
$410,000
$402,573 by Bay Equity Llc
Mortgage Due Feb 01, 2052
Sold May 07, 2021
$159,000
$233,100 by Magnolia Capital Partners Llc
Mortgage
Local assessors in Spanaway, WA have categorized 614 166th Street South as a residential type of property. The home was built in 1900 and is 124 years old. It was most recently renovated and altered in 2021. The property's lot size has been calculated to be 7,500 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown 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, 2 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 is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 614 166th Street South has a total of 592 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 carport for those who need a place to park their vehicle. The garage on the property is 200 sqft. Do you like to entertain? The home has a 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 - D. The building has a roof that is made of composition shingle. Lots of alum/vinyl siding 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. The home's baseboard heaters is the primary heating source and it is being fueled with electricity. 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, 614 166th Street South sold most recently in Jan 20, 2022 for a total of $410,000. If you work out the math, that's approximately a cost of $692.57 per sqft. Before that, the property was also sold for $159,000 in May 3, 2021. 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 $3,185 in taxes each year. The initial year of tax delinquency occurred in 2021. 614 166th Street South was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $272,700. If we break it down further, the land itself was valued at $154,700. Improvements to the property, however, were assessed at a total of $118,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1900
  • Effective Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 200
  • Parking Space Count: 0
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 592
  • Gross Building Area: 592
  • Building Area: 592
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Baseboard
  • Heated Square Feet: 592
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LAKE PARK
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: SECTION 28 TOWNSHIP 19 RANGE 03 QUARTER 23 LAKE PARK: LAKE PARK L 13 & 14 B 66 INC 8 FT ALLEY VAC SEG E 8964

Ownership

  • Current Owner : CRAIG HUNTER
  • Previous Owner : J & J ARTISTIC RENOVATIONS LLC
  • Owner Before Previous Owner: GOULD MANUEL M
  • Owner Before Previous Owner 2: GOULD FRANCES D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bethel School District
  • Census Tract: 071403

Zoning

  • Zoning: SF

Geography

  • Assessors Map Reference: 863-G4
  • Parcel: 502500-5-950
  • Block: 66
  • Lot: 13,14
  • Meridian: SEC 28 TWN 19 RNG 03
  • Municipality: PIERCE COUNTY
  • Latitude: 47.1062
  • Longitude: -122.441

    Address

  • Full Address: 614 166th St S
  • Address - House Number: 614
  • Street Segment Direction: S
  • Address - Street Name: 166th
  • Address - Suffix Type: St
  • State: WA
  • City Name: Spanaway
  • Carrier Code: R006
  • 4-Digit Zip Code: 8915
  • Zip Code: 98387

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,185
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 591

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 96
  • Final Value: 285,632
  • High Value: 304,997
  • Low Value: 266,268

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $418,675
  • First Open Lien Mortgage Lender: BAY EQUITY LLC
  • First Open Lien Mortgage Recording Date: Jan 26, 2022
  • First Open Lien Mortgage Loan Amount: $402,573
  • 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: Feb 01, 2052
  • Second Open Lien Mortgage Lender: WASHINGTON STATE HOUSING FINAN
  • Second Open Lien Mortgage Loan Amount: $16,102
  • Second Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $272,700
  • Market Land Value: $154,700
  • Market Improvement Value: $118,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $272,700
  • Assessed Land Value: $154,700
  • Assessed Improvements Value: $118,000

    Sales

  • Current Sale Contract Date: Jan 20, 2022
  • Current Sale Recording Date: Jan 26, 2022
  • Current Sale Transaction ID: 11878691001
  • Current Sale Price: $410,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 777
  • Previous Sale Recording Date: May 07, 2021
  • Previous Sale Contract Date: May 03, 2021
  • Previous Sale Amount: $159,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BAY EQUITY LLC
  • First Mortgage Transaction Date: Jan 26, 2022
  • First Mortgage Loan Amount: $402,573
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2052
  • Second Mortgage Lender: WASHINGTON STATE HOUSING FINAN
  • Second Mortgage Transaction Date: Jan 26, 2022
  • Second Mortgage Loan Amount: $16,102
  • Second Mortgage Terms: 30
  • Second Mortgage Loan Type: New Conventional
  • Second Mortgage Loan Due Date: Feb 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: MAGNOLIA CAPITAL PARTNERS LLC
  • Previous Mortgage Transaction Date: May 07, 2021
  • Previous Mortgage Loan Amount: $233,100
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Spanaway



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18618 A Street S, Spanaway, WA, 98387 Listing by Vasily Y. Stepin

Frequently Asked Questions

What neighborhood is 614 166th Street South located in?
The 614 166th Street South is a located in the neighborhood of Spanaway in Spanaway, Spanaway.
What is the average sales price for listings in 614 166th Street South?
The average sales price for units in 614 166th Street South is $0 currently.

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