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7305 198th St Court East

7305 198th St Court East, Spanaway, WA 98387
Property in Frederickson
Sold Jul 13, 2021
$475,000
$451,250 by Moria Development Inc
Mortgage Due Aug 01, 2051
Sold Dec 17, 2004
$205,000
Buyer
Seller
$201,832 by Wells Fargo Bank Na
Mortgage Due Jan 01, 2035
7305 198th St Court East has been categorized by the local assessors in Spanaway, WA as a residential type of property. The building on the property was first built in 1980 and is 44 years old. However, we must point out that the home was most recently renovated and altered in 1994. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 7305 198th St Court East has 1,722 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 55,321 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. The garage measured 560 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying both a porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of wood. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heat pump. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Jul 3, 2021 for $475,000. That's $190.76 per sqft. Prior to that sales transaction, the property was also sold in Dec 16, 2004 for $205,000. 7305 198th St Court East was last assessed in 2022. The total value of the property was assessed at $440,000. Specifically, the land the property is located on was valued at $235,700. While improvements on the property were assessed at a total of $204,300. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $5,072. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1994
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • 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: 560
  • Parking Space Count: 3
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 55,321
  • Total Building Area: 2,490
  • Gross Building Area: 1,722
  • Building Area: 1,722
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,722
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SHORT PLAT #8108250221
  • Land Acres: 1.27
  • Standard Land Use Code: Mobile/manufactured home (regardless of land ownership)
  • Mobile Home Indicator: T
  • Legal Description 1: SECTION 05 TOWNSHIP 18 RANGE 04 QUARTER 23 : L 2 OF SHORT PLAT 81-08-25-0221 FORMERLY POR TR C OF UNRECORDED LARGE LOT EASE OF RECORD OUT OF 2-011 SEG R-0576 DL EMS TITLE ELIM MAKE - MODUL - MODEL - DARTMOUTH - YEAR - 1996 - SERIAL - 115718 - TPO - &

Ownership

  • Current Owner : SCHEELE RYAN
  • Current Owner 2: MATTHEWS ANDREA
  • Previous Owner : SHYE IRA
  • Previous Owner 2: SHYE DORTHEA
  • Owner Before Previous Owner: GARL GORDON W
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Bethel School District
  • Census Tract: 073128

Zoning

  • Zoning: MSF

Geography

  • Assessors Map Reference: 894-H2
  • Subdivision Tract Number: C
  • Parcel: 041805-6-010
  • Lot: 2
  • Meridian: SEC 05 TWN 18 RNG 04
  • Municipality: PIERCE COUNTY
  • Latitude: 47.0768
  • Longitude: -122.332

    Address

  • Full Address: 7305 198th Street Ct E
  • Legal Unit: 200501
  • Address - House Number: 7305
  • Street Segment Direction: E
  • Address - Street Name: 198th Street
  • Address - Suffix Type: Ct
  • State: WA
  • City Name: Spanaway
  • Carrier Code: R002
  • 4-Digit Zip Code: 5234
  • Zip Code: 98387

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,072
  • Tax Rate Code Area: 578

    Appraisal Valuation

  • Standard Deviation: 0.1402
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 83
  • Final Value: 490,788
  • High Value: 559,631
  • Low Value: 421,945

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $451,250
  • First Open Lien Mortgage Lender: MORIA DEVELOPMENT INC
  • First Open Lien Mortgage Recording Date: Jul 13, 2021
  • First Open Lien Mortgage Loan Amount: $451,250
  • 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: Aug 01, 2051

    Market Valuation

  • Market Total Value: $440,000
  • Market Land Value: $235,700
  • Market Improvement Value: $204,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $440,000
  • Assessed Land Value: $235,700
  • Assessed Improvements Value: $204,300

    Sales

  • Current Sale Contract Date: Jul 03, 2021
  • Current Sale Recording Date: Jul 13, 2021
  • Current Sale Transaction ID: 11843560827
  • Current Sale Price: $475,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202107131005
  • Previous Sale Recording Date: Dec 17, 2004
  • Previous Sale Contract Date: Dec 16, 2004
  • Previous Sale Amount: $205,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORIA DEVELOPMENT INC
  • First Mortgage Transaction Date: Jul 13, 2021
  • First Mortgage Loan Amount: $451,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Dec 17, 2004
  • Previous Mortgage Loan Amount: $201,832
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2035

About Frederickson



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Frequently Asked Questions

What neighborhood is 7305 198th St Court East located in?
The 7305 198th St Court East is a located in the neighborhood of Frederickson in Frederickson, Spanaway.
What is the average sales price for listings in 7305 198th St Court East?
The average sales price for units in 7305 198th St Court East is $0 currently.

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