21516 Mountain Highway East

Spanaway, WA 98387

$600,000
Price
43,560 / 1
Lot Size / Acres

Description

10k Seller Concessions for 2-1 BuyDown w/ Full price offer! Duplex with bonus cashflow! On one acre, this property boasts 7+ sources of income, 3 RV pads, garage, shed with carport, a 1 bed 1 bath unit and a 4 bed 1.75 bath unit. $3,995 total income. Submetered, fully rented w/ month-month leases. This property borders JBLM and has privacy fence posts installed. 265 ft of hwy frontage for biz advertisement. Zoned MHR allows density up to 25 units/acre. Take advantage of cash flow now and development/resale...10k Seller Concessions for 2-1 BuyDown w/ Full price offer! Duplex with bonus cashflow! On one acre, this property boasts 7+ sources of income, 3 RV pads, garage, shed with carport, a 1 bed 1 bath unit and a 4 bed 1.75 bath unit. $3,995 total income. Submetered, fully rented w/ month-month leases. This property borders JBLM and has privacy fence posts installed. 265 ft of hwy frontage for biz advertisement. Zoned MHR allows density up to 25 units/acre. Take advantage of cash flow now and development/resale opportunity later! Check out the Matterport in the listing for the virtual walkthrough!
  1. Listed by Ashton Karp • Windermere RE/Lake Tapps, Inc

Property Details for 21516 Mountain Highway East

Community Name
Spanaway
School District
Bethel
Entry Date
07-24-2023
Sewer
In Street, Not Available

Location

Listing Courtesy of Windermere RE/Lake Tapps, Inc
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LISTING UPDATED: 04/02/2024 11:12 PM

Property Details for 21516 Mountain Highway East

StatusActive
MLS #2142680
Days on Market280
Cumulative Days on Market275
Taxes$6,114 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size1.00 AC
CountyPierce County

Location

Listing Courtesy of Windermere RE/Lake Tapps, Inc
Add your commute

Virtual Tour

Building Information for 21516 Mountain Highway East

Lot Size1.00 AC

Payment Calculator

$3,784 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,274

Property Taxes

$510

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 21516 Mountain Highway East

Summary
Location and General Information
  • Style: 41 - Res-Over 1 Acre
  • Area: 99 - Spanaway
  • Directions: Driving South on Highway 7, turn right into the private driveway at the 215th block. GPS is correct.
  • Property Sub Type: VACL
  • Road Information: Privately Maintained,Recorded Maint. Agrm
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2023
Parking
  • Carport: No
  • Garage: Yes
  • Parking Type: Garage
  • Parking Features: Garage
Virtual Tour
Interior and Exterior Features
Interior Features
  • Cooling: No
  • Fireplace: No
  • Heating: No
  • FIRPTA: No
Exterior Features
  • Property Features: Lightly Treed
Property
Utilities
  • Electricity: On Property
  • Electric On Property: Yes
  • Gas Available: Not Available
  • Water Source: See Remarks
  • Utilities: Electricity Connected
Property and Assessments
  • Zoning Jurisdiction: County
  • Zoning Class: Multi-Family,Residential
  • Water Jurisdiction: WA Water Service Company
  • Zoning Remarks: Moderate High Density Residential
  • Lot Topography: Level
  • Improvements: Dwelling,Garage,Outbuilding(s),RV,Shop
  • Possible Use: Multi-Family, Residential
  • Letter On File: Duplicate Prop Type
  • Preliminary Title Ordered: Yes
  • Road Responsibility: Private Maintained Road, Road Maintenance Agreement
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 36
Lot Information
  • Lot Details: Adjacent to Public Land, Corner Lot
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 0318105017
  • Calculated Square Footage: 0
  • Structure Type: Unspecified
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 0.0
  • Building Area Units: Square Feet
  • Property Type: Land
  • Elevation Units: Feet
  • Irrigation Water Rights: No

Property History for 21516 Mountain Highway East

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 21516 Mountain Highway East

Taxable ValueLand$223,800Additions$312,500Total$536,300
Tax Record2024$6,267 ($522 / month)
Home Facts
Total Finished SqFt2,148 SqFtAbove Ground SqFt2,148 SqFtStories1Lot Size43,560 SqFtStyleDuplexYear Built1945Year Renovated1985ZoningMHRCountyPIERCEAPN0318105017

Schools near 21516 Mountain Highway East

This home is within Bethel School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Shining Mountain Elementary School
PublicK to 5

Bethel Junior High School
Public6 to 8

Bethel High School
Public9 to 12

Elk Plain Elementary School
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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21516 Mountain Highway East is a 1 ac of land for sale in Spanaway, WA 98387. This property was listed for sale on July 24, 2023 by Windermere RE/Lake Tapps, Inc, it's currently listed at $600,000. It has been on the market for a total of 280 days and was last sold on March 16, 2011. This listing's school district is Bethel School District. Nearby schools include Shining Mountain Elementary School, Bethel Junior High School and Bethel High School. 21516 Mountain Highway East is a 0-bed, 0-bath, 1 ac of land on a 43,560 sq. ft. / 1 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Windermere RE/Lake Tapps, Inc

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.