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4612 225th St Court East

4612 225th St Court East, Spanaway, WA 98387
Property in Elk Plain
Sold May 31, 2002
$157,400
$435,000 by Finance Of America Reverse Llc
Mortgage
4612 225th St Court East has been categorized by the local assessors in Spanaway, WA as a residential type of property. The building on the property was first built in 1990 and is 34 years old. However, we must point out that the home was most recently renovated and altered in 1999. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 4612 225th St Court East has 1,468 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 20,100 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 504 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a covered porch. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. In terms of heating, it is utilizing baseboard heaters and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 4612 225th St Court East was last sold in May 29, 2002 for $157,400. According to our calculations, that's $59.53 per sqft. Current property owners are expected to pay $5,214 in taxes per year. The property on 4612 225th St Court East was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $461,100. To break that down further, the land itself was valued at $180,300. While improvements to the property were assessed at a total of $280,800. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1999
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 20,100
  • Total Building Area: 2,644
  • Gross Building Area: 2,092
  • Building Area: 1,468
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Baseboard
  • Heated Square Feet: 1,468
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SHORT PLAT NO 8810280517
  • Land Acres: 0.461
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: SECTION 13 TOWNSHIP 18 RANGE 03 QUARTER 12 : L 2 S P 88-10-28-0517 FORMERLY S P 87-12-03-0165 TOG/W EASE & RESTRICTIONS OF REC OUT OF 1-009 SEG Y-1043 PP (DC3033RJ3-31-89)

Ownership

  • Current Owner : KING LARRY D
  • Current Owner 2: KING VIRGINIA D
  • Previous Owner : GAUNTLETT GREG W
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Bethel School District
  • Census Tract: 073115

Zoning

  • Zoning: R5

Geography

  • Parcel: 031813-5-052
  • Lot: 2
  • Meridian: SEC 13 TWN 18 RNG 03
  • Municipality: PIERCE COUNTY
  • Latitude: 47.0515
  • Longitude: -122.368

    Address

  • Full Address: 4612 225th Street Ct E
  • Address - House Number: 4612
  • Street Segment Direction: E
  • Address - Street Name: 225th Street
  • Address - Suffix Type: Ct
  • State: WA
  • City Name: Spanaway
  • Carrier Code: R011
  • 4-Digit Zip Code: 6116
  • Zip Code: 98387

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,214
  • Tax Rate Code Area: 590

    Appraisal Valuation

  • Standard Deviation: 0.1533
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 81
  • Final Value: 472,170
  • High Value: 544,581
  • Low Value: 399,759

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $435,000
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA REVERSE LLC
  • First Open Lien Mortgage Recording Date: Jan 02, 2018
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $435,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)

    Market Valuation

  • Market Total Value: $461,100
  • Market Land Value: $180,300
  • Market Improvement Value: $280,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $461,100
  • Assessed Land Value: $180,300
  • Assessed Improvements Value: $280,800

    Sales

  • Current Sale Contract Date: May 29, 2002
  • Current Sale Recording Date: May 31, 2002
  • Current Sale Transaction ID: 1031171553
  • Current Sale Price: $157,400
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200205311470

    Last Sale Mortgage

  • First Mortgage Lender: EAGLE HOME MTG INC
  • First Mortgage Transaction Date: May 31, 2002
  • First Mortgage Loan Amount: $162,122
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jun 01, 2032

About Elk Plain



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Frequently Asked Questions

What neighborhood is 4612 225th St Court East located in?
The 4612 225th 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 4612 225th St Court East?
The average sales price for units in 4612 225th St Court East is $0 currently.

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