Available
$665,000(ARV: $900,000)74% of ARV

Pierce County, Spanaway, WA 98387

4 bd2 ba610 sfBuilt 2021

21 days ago

Gross spread$235,000

Description

This is an assignment of contract, please do NOT contact the seller directly. Why is this deal so valuable? This is an assumable loan, meaning you would take over the 3% interest rate, you will never see these types of rates again. Current rates are 6.5%, so assuming the current value of the neighborhood at 675k for similar homes, this home value is actually closer to 1M for the same interest rate and payment today. Info 17302 21st Ave E, Spanaway, WA 98387 Built 2021 - Rush Homes (10 year builder warranty) 2,999 sqft 3 BED 2.5 BATH Office Loft/bonus Solar (Good leap) Goodleap principal balance $42,805.82 1.49% fixed interest rate on solar 25 year term with 20 years 11 months remaining PITI: $3600 per month payments Structure $665,900 total purchase (or around $40,000 to close) $15,000 seller walks away $592.900 Remaining balance (assumable loan) $43k solar remaining balance $15,000 fee to us Photos Click Here Assess value on house: 647,900 [contact details hidden] Comps 650k-700k [contact details hidden]

$/sqft vs market

This deal$1,090/sqft
Market median$308/sqft
Difference+254% above

Median of 5 comparable listings matched on ZIP. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms4
Bathrooms2
Square feet610
Lot size6,665 sf
Year built2021
ConditionTurn Key
OccupancyOwner Occupied
ParkingAttached Garage

Systems & condition

Roof age1-3 yrs
HeatingFurnace · 0-5 yrs
Air conditioningCentral AC
FoundationSlab
Foundation conditionExcellent

Self-reported by the seller. Not inspected.

Seller

CompanyWithheld
Disposition repWithheld
Documents on file0
Views on the source listing232
Open a message thread

This thread is with the VestorsHub team. Nobody on the supply side of this listing holds an account here.

Who is supplying this listing is withheld. A buyer account that has accepted the non-circumvention agreement on the address request above sees it here. Direct phone and email are not published here at all.