Listed by John L. Scott, Inc., Bought with eXp Realty
NOT LISTED FOR SALE

Estimated Value: $316,000 - $632,000

2.16 Acres
$219,617 Price per Acre
94,016 Sq Ft Lot

Last Sold December 12, 2022

Last sale price $350,000

Est. 35% increase in value since last sale

Current estimated payment $2,807/month

6 Days on Market

Highlights

  • 2.16 Acre Lot
  • No HOA
  • Level Lot
  • Secluded Lot
  • Cul-De-Sac

About This Lot

As of December 2022

Opportunity knocks with this exceptional 2+ acre residential lot near Lake Morton. Finally a mostly level parcel in a great neighborhood to build your custom home, in an area of estate type homes, with 2 entrances/exits, with the second one having an easement that takes you out to E Lake Morton Dr SE. Covington water is in the street, and power and gas as well. Land has not been studied for septic, but the soils look good for it. No wetlands noticeable possibly near adjacent property in the far back SE corner. Seller has cleared some areas, and there are trails to walk the property and the corners (and more) are marked. Recent survey done. Please walk the property WITH your broker, do not walk it in the dark. No manufactured homes.

Last Agent to Sell the Property

Patti Berube

John L. Scott, Inc. License #97985 Listed on: 11/02/2022

John L. Scott, Inc.

Last Buyer's Agent

Natalya Chegarnov

eXp Realty License #20120576

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2013207

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,294

Lot Details

  • 2.16 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Secluded Lot
  • Level Lot
  • Zoning described as RA-5

Utilities

  • Sewer Not Available

Community Details

  • No Home Owners Association
  • Short Plat#7231 Condos
  • Lake Morton Subdivision

Listing and Financial Details

  • Tax Lot D
  • Assessor Parcel Number 4053200843

Property Details

Property Type

Land

Est. Annual Taxes

$3,294

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 41 - Res-Over 1 Acre
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Short Plat#7231
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • PropertyFeatures: Corners Flagged,Evergreens,Lightly Treed,Partially Cleared
  • Restrictions: NO Manufactured Homes
  • Survey: Survey is available
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Lot Features: Cul-De-Sac, Dead End Street, Secluded
  • View: No
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: Access Easement
  • RoadOnWhichSide: 2 different road on each side of propert
  • WaterJurisdiction: Covington Water

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Not Available
  • Water Source: In Street
  • Electricity On Property: Yes
  • Utilities: Natural Gas Available, Electricity Connected
  • ElectricityStatus: In Street
  • GasStatus: In Street
  • SepticDesignApplied: false
  • SepticDesignInstalled: false

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Kent

Lot Info

  • Parcel Number: 4053200843
  • Topography: Level,Rolling
  • Lot Size Acres: 2.1583
  • Lot Size Sq Ft: 94014
  • Zoning Description: RA-5
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: KCTR
  • ZoningJurisdiction: County
  • ZoningClass: Residential
  • LotNumber: D
  • SoilFeasibilityTest: false
  • IrrigationType: None

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 3294

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2022
Closed on
Nov 30, 2022
Sold by
Ollodart Peter and Ollodart Suzanne
Bought by
Klimok Mariya and Klimok Richard
Seller's Agent
Patti Berube
John L. Scott, Inc.
Buyer's Agent
Natalya Chegarnov
eXp Realty
List Price
$350,000
Sold Price
$350,000
Views
24
Current Estimated Value
$474,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,000
Avg. Annual Appreciation
11.27%
Original Mortgage
$262,500
Outstanding Balance
$230,777
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$243,223
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Klimok Mariya $350,000 Rainier Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klimok Mariya $262,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2022 12/12/22 Sold $350,000 0.0% --
11/08/2022 11/08/22 Pending -- -- --
11/02/2022 11/02/22 For Sale $350,000 -- --
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,527 $338,000 $338,000 --
2023 $3,716 $302,000 $302,000 $0
2022 $3,294 $338,000 $338,000 $0
2021 $3,524 $266,000 $266,000 $0
2020 $3,196 $266,000 $266,000 $0
2018 $3,064 $247,000 $247,000 $0
2017 $2,835 $225,000 $225,000 $0
2016 $3,010 $202,000 $202,000 $0
2015 $2,791 $202,000 $202,000 $0
2014 -- $185,000 $185,000 $0
2013 -- $165,000 $165,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2013207

Northwest Multiple Listing Service (NWMLS)

APN: 405320-0843