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

17517 8th Ave E, Spanaway, WA 98387

$515,000

Last sold 12/30/2021 after 16 Days

—
bed
—
bath
1,620
Sqft ($318/Sqft)

House not for sale

About 17517 8th Ave E

Property type House

Neighborhood

Year built 1976

HOA fee $0/month

Lot size 9,406 Sqft

Property description

Great opportunity to own an excellent investment property in Spanaway. Each unit is 810 sq ft with 2bed/1 bath, attached 1-car garage and fully fenced backyard. Both units fully updated with new kitchen, bathroom, flooring, paint, new roof and outside paint. One side is vacant and can be owner occupied. Located close to shopping center, JBLM, Spanaway park and other amenities.

Listed by

Listing Agent - Vicky Marchenko

Listing Office - John L. Scott, Inc.

Source: NWMLS

MLS#1872237 • last updated 1 year ago

Movoto checked NWMLS for data 5 minutes ago

Overview
Levels/Style	Duplex
MLS #	1872237
SubType	Multi Family
Type	Residential Income
SqFt	1620
Status	Sold
Lot Size (SqFt)	9406
Lot Size (Acres)	0.2159
Property Tax	3801
Buying Office	COMPASS
Year Built	1976
Buying Office Phone	425-242-6440

Interior
Interior Features	Laminate

Exterior
Foundation	Poured Concrete
Roof	Composition
Construction	Cement Plank
# Open Parking Spaces	4
# Covered Spaces	2
# Parking Spaces	6
# Uncovered Spaces	4
Exterior Features	Cement Planked

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

Location
County	Pierce
Subdivision	Sunnydale
Area	99 - Spanaway
High School District	Bethel
APN	8000112901

Multifamily Details
Net Operating Income	36830
Capitalization Rate	8
Expense: Insurance	935
Gross Scheduled Income	45600
Gross Adjusted Income	42408
Total Expenses	5576
Gross Rent Multiplier	11
Nwm_Totalmonthlyincome	3800
Vacancy Rate	7

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Dec 2021
MLS # 1872237
Dec 30, 2021 Sold
$515,000 (+6.2%)
Dec 16, 2021 Pending
—
Dec 14, 2021 Listed
$485,000 (+27.6%)
Aug 2021
MLS # 1809055
Aug 20, 2021 Sold
$380,000
Jul 20, 2021 Pending
—
Jul 16, 2021 Listed
$380,000 (+75.9%)
Jun 2005
MLS # 25053016
Jun 13, 2005 Sold
$216,000
Apr 18, 2005 Listed
$215,900

Year Property taxes Tax assessment
2025
$4,809 +3.3%

$415,500 +5.89%
2024
$4,657

$392,400 -1.7%
2023
$4,658 +16.3%

$399,200 +34.18%
2022
$4,004 +5.4%

$297,500 +13.2%
2021
$3,801 +41.8%

$262,800 +12.89%
2019
$2,681 -6.5%

$232,800 +9.86%
2018
$2,869 +6.9%

$211,900 +19.72%
2017
$2,684 +8.2%

$177,000 +12.88%
2015
$2,480

$156,800

17517 8th Ave E
$515K
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
17523 Spanaway Ln E, Spanaway, WA 98387	$443,000	3/1	1,258	0.04
17515 Spanaway Ln E, Spanaway, WA 98387	$436,000	3/1	1,178	0.05
17513 Spanaway Ln E, Spanaway, WA 98387	$369,000	2/1	791	0.06
17503 8th Avenue Ct E, Spanaway, WA 98387	$417,000	3/—	1,036	0.06
17516 Spanaway Ln E, Spanaway, WA 98387	$397,000	3/1	912	0.07
17520 Spanaway Ln E, Spanaway, WA 98387	$415,000	3/1	1,027	0.07
17508 Spanaway Ln E, Spanaway, WA 98387	$411,000	3/1	1,024	0.08
17504 9th Ave E, Spanaway, WA 98387	$429,000	3/1	1,169	0.08

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