4612 231st Street Ct E Spanaway, WA 98387

Get Owner Info
3 beds · 2 baths · 1,456 sq ft · Lot Size: 11,479 sq ft · Single Family Home
Est. Property Value: $429,074

High Demand Long-Term RentalOwned for 5 - 10 YearsOwner Age Above 75

Get AI-powered intel on property income potential, propensity to sell and other key info to close on the right property.

4612 231st Street Ct E is in the 98387 neighborhood of Spanaway, WA. It is located in Pierce County and ZIP code 98387. This Single Family Home was built in 1989 and is approximately 36 years old. The single family home spans 1456 sq ft with 3 bedrooms and 2 bathrooms and sits on a 11479 sq ft lot. According to public records, it was last sold in 2016 for $217,500 and has a tax-assessed value of $416,000, which is $295 per sq ft. The 98387 area of Spanaway has 2 residential homes with an average size of 1735.5 sq ft. Analyze and compare real estate investment strategies for properties like this home at 4612 231st Street Ct E Spanaway, WA 98387 with Property Intel by Whitepages.

Owners & Occupancy for 4612 231st Street Ct E

This property is owned by Harold J Gibson. Owner contact information includes 2 phone numbers and 2 email addresses.

Property Owners

Cell Phone(720) ***-****View Cell Phone
Residence************
Landline(303) 972-0638
Distance from Property**********
Email Address****@hotmail.comView Email

Cell Phone(518) ***-****View Cell Phone
Residence************
Landline(303) 838-5754
Distance from Property**********
Email Address******@msn.comView Email
View All Owner Info

Occupancy

Current Occupancy*****View Occupancy
Resident 1*************** age 78
Resident 2*************** age 75

Property Financials for 4612 231st Street Ct E

4612 231st Street Ct E, Spanaway, WA has a mortgage from Wells Fargo Bk Na (orig. August 23, 2016). The Pierce county assessment for 2024 values it at $416,000, with annual taxes of $4,511.

Mortgage & Equity Information

Loan Amount$******
LenderWells Fargo Bk Na
Origination DateAugust 23, 2016
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date******************
Equity View Equity
View All Mortgage Info

Property Tax

Purchase DateAugust 22, 2016
Property Tax Amount$4,511 in 2024
Purchase Price$217,500
Assessed Value$416,000 on 2024

Investment Potential for 4612 231st Street Ct E

The property has a current estimated value of $429,074, which is 6% below the zip median, based on public records. It last sold on August 22, 2016 for $218K. Projected long-term
is $30,600 annually ($2,550 per month) with a 94% occupancy rate.

Discover more Single Family Homes in 98387.
See Recommended Properties

Long-Term

Gross Rental
$30,600 per year($2,550 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
94%in 98387 zip code
 
View Rental Potential

Property Details for 4612 231st Street Ct E

Property Details

Property Sq Ft

Living Area

1,456 sq ft

6% below market

Lot Size

11,479 sq ft

13% above market

Price Per Sq Ft

Living Area

$295 / sq ft

1% above market

Lot Size Area

$37 / sq ft

15% below market

Property condition, age, exterior, etc. for 4612 231st…
Longitude: -122.367598 Latitude: 47.045964 Parcel Number (APN): 616800-038-0…

Recommended Properties in 98387

Discover more single family homes near 4612 231st Street Ct E in Spanaway, Washington. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 4612 231st Street Ct E in Pierce County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$429,074
$552,818
-$123,744 (-22%)
—
—
—
YoY Price Change
****%
2.74%
-31%
Year Built
1989
1984
5 years
Living Space
1,456 sq ft
1,695 sq ft
-239 (-14%)
$ Per Living Sq Ft
$295
$325
-$30 (-9%)
Lot Size
11,479 sq ft
9,815 sq ft
1664 (17%)
$ Per Lot Sq Ft
$37
$52
-$14 (-28%)

Net Operating Income
$*****
$22,264
-$3,387 (-15%)
Annual Revenue
$30,600
$36,000
-$5,400 (-15%)
$*****
$13,147
-$1,424 (-11%)
Net Operating Income
$*****
$22,264
-$3,387 (-15%)
Cap Rate
****%
3.94%
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

Find More Housing Markets Near Spanaway

Nearby Cities

  1. Spanaway Investment Properties
  2. South Creek Investment Properties
  3. Frederickson Investment Properties
  4. Graham Investment Properties
  5. Summit View Investment Properties
  6. South Hill Investment Properties
  7. Clover Creek Investment Properties
  8. Parkland Investment Properties
  9. Orting Investment Properties
  10. Summit Investment Properties

Nearby Neighborhoods

  1. Elk Plain in Spanaway, WA
  2. Frederickson in Spanaway, WA
  3. Frederickson in Puyallup, WA
  4. Frederickson in Tacoma, WA
  5. Spanaway in Tacoma, WA
  6. South Hill in Puyallup, WA
  7. Summit View in Puyallup, WA
  8. Clover Creek in Tacoma, WA
  9. Parkland in Tacoma, WA
  10. Summit in Tacoma, WA
  11. Elk Plain in Graham, WA
  12. Frederickson in Spanaway, WA
  13. Frederickson in Tacoma, WA
  14. Frederickson in Puyallup, WA
  15. Spanaway in Tacoma, WA
  16. Summit View in Puyallup, WA
  17. South Hill in Puyallup, WA
  18. Clover Creek in Tacoma, WA
  19. Parkland in Tacoma, WA
  20. Summit in Tacoma, WA