by RH Advisors

See Home Value
Spanaway 98387 Spanaway
18617 11th Avenue Ct E
Listed by: Bobby Brown, Keller Williams Realty, 253-848-5304, Listing Courtesy of NWMLS
$525,000
Land - Off Market

18617 11th Avenue Ct E

Spanaway, WA 98387
bedrooms
Studio
bathrooms
0 Bath
$983
Estimated Monthly
5.68%
Cap Rate

About This Property

Dreaming of building a home and having all the leg work done? You've got it here with a great opportunity for a shy quarter acre lot w/ backyard buffer for privacy. Shovel ready and prepared to start construction with approved and paid for plans for a 2170 square foot home, building permit and impact fees. Non-Owner Occupant Seller financing for the lot and up to $250k construction costs under the following terms: 50% of the lot cost down payment, 12% APR w/interest reserve, Origination fee 3% for 6 month or 4% for 8 month loan term, $950 UW fee and $150 draw fee per construction draw with approval of buyer's finances. Take your pick of 3 available lots that all have sewer, power and water on site. Adjacent lots MLS 2176858 & 2176889.
Unit Size
-
Days on Market
114 days
Land Size
0.25 acres
Price per sqft
-
Property Type
Land
Property Taxes
$123
HOA Dues
-
Year Built
-
Last updated: 4 months ago (NWMLS #NWM2176885)

Price History

Date / Event Date Event Price
Feb 29, 2024 Sold to Family Homes Inc Sager $525,000
Sold to Family Homes Inc Sager
Nov 7, 2023 Listed by Keller Williams Realty $175,000
Listed by Keller Williams Realty
Dec 28, 2016 Sold to Development Sf2 Llc Triton $104,719
Sold to Development Sf2 Llc Triton

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,772
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Property Class: Vacant
  • Subdivision: JESSE-KIM ESTATES
  • Land Acres: 0.247
  • Standard Land Use Code: Vacant land (general)
  • County Land Use Code: Institutional (general)
  • Legal Description 1: SECTION 34 TOWNSHIP 19 RANGE 03 QUARTER 32 JESSE-KIM ESTATES L 23 EASE OF RECORD PICK-UP SEG P-M-0221 HB EMS

Ownership

  • Current Owner : SAGER FAMILY HOMES INC
  • Previous Owner : VIEWCREST CAPITAL LLC
  • Owner Before Previous Owner: TRITON DEVELOPMENT SF2 LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Bethel School District
  • Census Tract: 071417

Zoning

  • Zoning: SF

Geography

  • Assessors Map Reference: 863-J7
  • Parcel: 478600-0-230
  • Lot: 23
  • Meridian: SEC 34 TWN 19 RNG 03
  • Municipality: PIERCE COUNTY
  • Latitude: 47.0873
  • Longitude: -122.416

    Address

  • Full Address: 18617 11th Avenue Ct E
  • Address - House Number: 18617
  • Street Segment Direction: E
  • Address - Street Name: 11th Avenue
  • Address - Suffix Type: Ct
  • State: WA
  • City Name: Spanaway
  • Carrier Code: R020
  • 4-Digit Zip Code: 7923
  • Zip Code: 98387

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,341
  • Intital Tax Deliquent Year: 2017
  • Tax Rate Code Area: 591

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $385,045
  • First Open Lien Mortgage Lender: HEMET CHRISTIAN ASSEMBLY
  • First Open Lien Mortgage Recording Date: Feb 29, 2024
  • First Open Lien Mortgage Loan Amount: $385,045
  • 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: Feb 28, 2054

    Market Valuation

  • Market Total Value: $142,800
  • Market Land Value: $142,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $142,800
  • Assessed Land Value: $142,800

    Sales

  • Current Sale Contract Date: Feb 29, 2024
  • Current Sale Recording Date: Feb 29, 2024
  • Current Sale Transaction ID: 11921642892
  • Current Sale Price: $525,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 447
  • Previous Sale Recording Date: Nov 04, 2020
  • Previous Sale Contract Date: Jan 08, 2020
  • Previous Sale Document Type: Deed in Lieu of Foreclosure

    Last Sale Mortgage

  • First Mortgage Lender: HEMET CHRISTIAN ASSEMBLY
  • First Mortgage Transaction Date: Feb 29, 2024
  • First Mortgage Loan Amount: $385,045
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Land
Loft
-
-
$175,000 Nov 7, 2023
-
$123/mo

About Spanaway


Similar Homes for Sale

Unit for sale at 18617 11 Ave Court East, Spanaway, WA 98387

$175,000

  • Land
18617 11 Ave Court East, Spanaway, WA 98387 Listing by Bobby Brown

Nearby Rentals



Frequently Asked Questions

When was property at 18617 11th Ave Court East built and last sold?
The property at 18617 11th Ave Court East was built in and last sold on Feb 29, 2024 for $525,000.
How much is this home worth?
The estimated value of the home located at 18617 11th Ave Court East is $176,750.
What are some comparable homes to 18617 11th Ave Court East?
Homes that are comparable to 18617 11th Ave Court East include a land property at 18617 11 Ave Court East, located in Spanaway, WA.

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