18625 11th Avenue Ct E, Spanaway, WA 98387

$525,000

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Listing courtesy of Keller Williams Realty. Selling Office: Realty One Group Turn Key.

Sold Price
$525,000
List Price
$175,000
Status
SOLD
MLS#
2176858
Closing Date
Feb 29, 2024
Days on Market
7
Lot Size (sq ft)
9,600
Bank Owned
Yes

Property Description

Dreaming of building a home and having all the leg work done? You’ve got it here with a great opportunity for a shy quarter acre lot w/ backyard buffer for privacy. Shovel ready and prepared to start construction with approved and paid for plans for a 2170 square foot home, building permit and impact fees. Non-Owner Occupant Seller financing for the lot and up to $250k construction costs under the following terms: 50% of the lot cost down payment, 12% APR w/interest reserve, Origination fee 3% for 6 month or 4% for 8 month loan term, $950 UW fee and $150 draw fee per construction draw with approval of buyer's finances. Take your pick of 3 available lots that all have sewer, power and water on site. Adjacent lots MLS 2176885 & 2176889.

Additional Information

Community
Spanaway
Style
40 - Res-Less thn 1 Ac
Zoning Jurisdiction
County
Features
Brush
Sewer
Available, On Property
Tax Year
2023
School District
Bethel
Potential Terms
Cash Out, Conventional, Owner Financing, VA Loan
Driving Directions
From 176th St go South on 14th Ave E, Right (West) on 186th St Ct E to address on left (corner of 11th Ave & 186th St)
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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