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2323 198th St Court East

2323 198th St Court East, Spanaway, WA 98387
Property in Elk Plain
Sold Nov 02, 2020
$440,159
$418,151 by Kbhs Home Loans Llc
Mortgage Due Dec 01, 2050
Local assessors in Spanaway, WA have categorized 2323 198th St Court East as a residential type of property. The home was built in 2020 and is 4 years old. The property's lot size has been calculated to be 5,491 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2323 198th St Court East has a total of 1,636 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 water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 400 sqft. 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 - C. The building has a roof that is made of composition shingle. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. 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, 2323 198th St Court East sold most recently in Oct 29, 2020 for a total of $440,159. If you work out the math, that's approximately a cost of $216.19 per sqft. 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 $5,163 in taxes each year. 2323 198th St Court East was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $451,600. If we break it down further, the land itself was valued at $147,200. Improvements to the property, however, were assessed at a total of $304,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Unknown
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,491
  • Total Building Area: 2,036
  • Gross Building Area: 2,036
  • Building Area: 1,636
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,636
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: RIDGE AT SOUTHWOOD DIV II
  • Land Acres: 0.126
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: SECTION 02 TOWNSHIP 18 RANGE 03 QUARTER 23 RIDGE AT SOUTHWOOD DIV II: L 10 TOG/W UNDIV INT IN TRACTS A, D & E EASE OF REC OUT OF 03-18-02-2-010 SEG 2020-0120 JP 09/19/19 JP

Ownership

  • Current Owner : FORRESTER JASON P
  • Current Owner 2: FORRESTER CAROL A
  • Previous Owner : KBHPNW LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • Census Tract: 071413

Zoning

  • Zoning: MSF

Geography

  • Subdivision Tract Number: A
  • Parcel: 500505-0-100
  • Lot: 10
  • Meridian: SEC 02 TWN 18 RNG 03
  • Municipality: PIERCE COUNTY
  • Latitude: 47.0769
  • Longitude: -122.399

    Address

  • Full Address: 2323 198th Street Ct E
  • Address - House Number: 2323
  • Street Segment Direction: E
  • Address - Street Name: 198th Street
  • Address - Suffix Type: Ct
  • State: WA
  • City Name: Spanaway
  • Carrier Code: R024
  • 4-Digit Zip Code: 1842
  • Zip Code: 98387

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,163
  • Tax Rate Code Area: 591

    Appraisal Valuation

  • Standard Deviation: 0.1272
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 85
  • Final Value: 477,786
  • High Value: 538,590
  • Low Value: 416,982

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $458,151
  • First Open Lien Mortgage Lender: KBHS HOME LOANS LLC
  • First Open Lien Mortgage Recording Date: Nov 02, 2020
  • First Open Lien Mortgage Loan Amount: $418,151
  • 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: Dec 01, 2050
  • Second Open Lien Mortgage Lender: HARBORSTONE CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Mar 14, 2022
  • Second Open Lien Mortgage Loan Amount: $40,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $451,600
  • Market Land Value: $147,200
  • Market Improvement Value: $304,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $451,600
  • Assessed Land Value: $147,200
  • Assessed Improvements Value: $304,400

    Sales

  • Current Sale Contract Date: Oct 29, 2020
  • Current Sale Recording Date: Nov 02, 2020
  • Current Sale Transaction ID: 11796280887
  • Current Sale Price: $440,159
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202011020940

    Last Sale Mortgage

  • First Mortgage Lender: KBHS HOME LOANS LLC
  • First Mortgage Transaction Date: Nov 02, 2020
  • First Mortgage Loan Amount: $418,151
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

About Elk Plain



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Frequently Asked Questions

What neighborhood is 2323 198th St Court East located in?
The 2323 198th St Court East is a located in the neighborhood of Elk Plain in Elk Plain, Spanaway.
What is the average sales price for listings in 2323 198th St Court East?
The average sales price for units in 2323 198th St Court East is $0 currently.

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