About Home value Property history Tax history Market statistics Schools Neighborhood Places of interest

1116 18 196th St E, Spanaway, WA 98387

$374,000

Last sold 05/13/2022 for $265K

—
bed
—
bath
1,864
Sqft ($142/Sqft)

House not for sale

About 1116 18 196th St E

Property type House

Neighborhood

Year built 1972

HOA fee $0/month

Lot size 0.45 Acre

Movoto estimate

Property description

2 FER! 2 homes on one one lot, both rented for great cash flow. Low utility costs with well and septic. Add these to the portfolio. Cash only due to age of manufactured homes. septic already pumped and passed.

Listed by

Listing Agent - Jonathan Harper

Listing Office - Keller Williams Realty

Source: NWMLS

MLS#1895518 • last updated 2 years ago

Movoto checked NWMLS for data 10 minutes ago

Overview
Levels/Style	Duplex
MLS #	1895518
SubType	Multi-Family
Type	Residential Income
SqFt	1864
Status	Sold
Lot Size (SqFt)	19800
Lot Size (Acres)	0.4545
Property Tax	2204
Buying Office	TEC Real Estate Inc.
Year Built	1972
Buying Office Phone	425-373-9494

Interior
Interior Features	Forced Air

Exterior
Roof	Metal
# Open Parking Spaces	2
# Parking Spaces	2
# Uncovered Spaces	2
Exterior Features	See Remarks

Amenities / Utilities
Sewer/ Septic	Septic Tank
Water	Shared Well
Power Production: Type	Electric

Location
County	Pierce
Subdivision	Spanaway
Area	99 - Spanaway
High School District	Bethel
APN	318032009
Zoning	Residential

Multifamily Details
Total Expenses	2204

$374K

Range: $149K-$598K

Last 30 days

Rental est.: $1,574/month

• Gross rent multiplier: 14.0

Lower your payment with the loan terms that fit you.

Jul 2022
Public Records
Jul 27, 2022 Sold
$280,000 (+5.7%)
May 2022
MLS # 1895518
May 13, 2022 Sold
$265,000 (-5.4%)
Apr 29, 2022 Pending
—
Apr 28, 2022 Price Change
$280,000 (-3.1%)
Apr 13, 2022 Price Change
$289,000 (-3.3%)
Mar 1, 2022 Listed
$299,000 (-3.5%)
Dec 2021
MLS # 1848636
Dec 11, 2021 Price Change
$310,000 (-3.1%)
Nov 18, 2021 Price Change
$320,000 (-1.5%)
Nov 2, 2021 Price Change
$325,000 (-7.1%)
Oct 4, 2021 Listed
$350,000 (+169.2%)
May 2007
Public Records
May 8, 2007 Sold
$130,000

Year Property taxes Tax assessment
2025
$320 +7.1%

$14,000 +9.38%
2024
$299 +42.4%

$12,800 +85.51%
2023
$210 -7.6%

$6,900 -23.33%
2022
$227 -2.1%

$9,000 -2.17%
2021
$232 +35.1%

$9,200 +8.24%
2019
$172 -2.3%

$8,500 +32.81%
2018
$176 +7.8%

$6,400 +12.28%
2017
$163 +12.7%

$5,700 +26.67%
2015
$145

$4,500

1116 18 196th St E
$265K
99 - Spanaway
—
98387
$499K -4% y/y
Spanaway
$499K -4% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
1104 196th St E, Spanaway, WA 98387	$463,000	—/—	—	0.01
1128 196th St E #a, Spanaway, WA 98387	$587,000	2/—	1,060	0.02
1014 196th St E, Spanaway, WA 98387	$439,000	—/—	—	0.03
1012 196th St E, Spanaway, WA 98387	$475,000	4/1	—	0.03
19616 12th Ave E, Spanaway, WA 98387	$512,000	3/2	1,636	0.04
1011 197th Street Ct E, Spanaway, WA 98387	$489,000	3/—	1,651	0.04
1201 196th Street Ct E, Spanaway, WA 98387	$446,000	3/2	1,244	0.04
1005 197th Street Ct E, Spanaway, WA 98387	$488,000	3/2	1,607	0.04

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.