5400 224th Street E Spanaway, WA 98387

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$950,000

Market Estimate

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27.22 Acres
Land
Listing# 1965922

Listing provided courtesy of: Crescent Realty

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Views: 71 Days On Site: 209

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Property Details

Description Tours

SELLER MOTIVATED. BRING ANY AND ALL OFFERS! Calling all investors/developers! This one is for you. 27.22 acres zoned R5 (PC says 5 possible lots, Buyer to verify) with approx. 500 ft of frontage on 224th St E to the south and approx. 500 ft of Classic Golf Course frontage to the north. Lightly treed and private parcel is ready for you to build dream homes on. Seller is extremely motivated and is willing to discuss possible owner finance terms and will review any offer...just bring one!

General Features
- Building Name Ford
- County Or Parish Pierce
- Furnished Unfurnished
- MLS Area Major 99 - Spanaway
- Property Sub Type Land
- Style Code 41 - Res-Over 1 Acre
- Subdivision Name Bethel
- Tax Annual Amount 4625
- Tax Year 2022
- Zoning Description R-5
Building Features
- Building Area Total 0
- Building Area Units Square Feet
- Living Area 0
- Living Area Units Square Feet
Property Features
- Carport Y/N No
- Irrigation Water Rights Y/N No
- Lot Size Acres 27.2199
- Lot Size Dimensions Approx 475' x 2,600'
- Lot Size Square Feet 1185703
- Lot Size Units Square Feet
- Topography Level
- View Y/N Yes
- Waterfront Y/N No
Schools
- Elementary School North Star Elem
- High School Bethel High
- High School District Bethel
- Middle Or Junior School Bethel Jnr High

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Neighborhood

98387 (Spanaway) Demographics

32 Median Age

1,784 Population Density (per sq. mile)

30% College Educated

$80,272 Estimated Median Income

12,142 Estimated Total Home Owners

4,211 Estimated Total Renters

74% / 26% Estimated Owner / Renter Divide

3 Estimated Average Household Size

51,305 Total Population

Community data courtesy of LiveBy, Inc.

Market Last 30 Days In This Postal Code

$438,500 Median Sales Price

40 Homes Sold

47 New On Market

Average Days on Site

Properties for Sale

Calculations provided by Reliance Network

Property History

Date	Event	Price	Percent Change
--	Current Price Source: Multiple Listing Service	New Value: $950,000
12/28/2022 1:01:26 PM	Price Reduced Source: Multiple Listing Service	New Value: $950,000	-20.83%
7/14/2022 11:02:00 AM	New in Database Source: Multiple Listing Service	New Value: $1,200,000

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** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

This property search is part of the Prime Alliance Real Estate Services website. Listing information is courtesy of the WA-NWMLS and Prime Alliance Real Estate Services. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: MLS Logo provided by Northwest Multiple Listing Service, 2023. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.

Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.