807 Tipsoo Loop South

Local assessors in Rainier, WA have categorized 807 Tipsoo Loop South as a residential type of property. The home was built in 2002 and is 22 years old. The property's lot size has been calculated to be 44,431 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a mobile home style. If we look only at the heated or air conditioned part of the building, then 807 Tipsoo Loop South has a total of 1,782 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 municipal system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Do you like to entertain? The home has both a open 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. 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 - B. The building has a reinforced concrete style roof that was made of concrete. Lots of wood siding were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. The home's a heat pump is the primary heating source and it is being fueled with electricity. 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, 807 Tipsoo Loop South sold most recently in Jun 12, 2020 for a total of $306,500. If you work out the math, that's approximately a cost of $172.00 per sqft. Before that, the property was also sold for $200,853 in Dec 6, 2016. 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 $3,456 in taxes each year. 807 Tipsoo Loop South was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $501,000. If we break it down further, the land itself was valued at $85,000. Improvements to the property, however, were assessed at a total of $416,000. 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.