Listed by Dave Nelson Real Estate
NOT LISTED FOR SALE

0 Smokey Point Blvd NE Unit 1304393 Arlington, WA 98223

West Arlington Neighborhood

Estimated Value: $1,417,000 - $1,724,629

3.37 Acres
$466,117 Price per Acre
146,797 Sq Ft Lot

Last Sold August 31, 2021

Last sale price $1,500,000

Est. 5% increase in value since last sale

Current estimated payment $9,660/month

548 Days on Market

Highlights

  • Airport or Runway
  • Territorial View
  • Level Lot
  • Airstrip

About This Lot

As of August 2021

3.37 acres on Smokey Point Blvd zoned Highway Commercial with Business/Mixed Use Overlay Zone allowing for 22 plus units per acre and retail/commercial space in front. The property is next to another listing of 2.5 acres with same zoning. Assemblage of properties could allow for 6 or more acres of development area for 150 apartment units or more. Buyer to verify all development entitlements with the City of Arlington. There are few properties with this potential available in this market area.

Last Agent to Sell the Property

Dave Nelson

Dave Nelson Real Estate License #20089 Listed on: 06/02/2018

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1304393

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,761

Lot Details

Additional Features

  • Territorial Views
  • Level Lot
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 31052100201800

Community Details

Recreation

  • Airstrip

Additional Features

  • Arlington Community
  • Airport or Runway

Property Details

Property Type

Land

Est. Annual Taxes

$12,761

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Lightly Treed, Partially Cleared, Pasture Land
  • Style: 43 - Comm/Industrial
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Level: Level and Dry sandy soil great drainage

Exterior Features

  • Road Information: County Maintained, Paved
  • Road On Which Sideof Property: West
  • View: Territorial
  • Water Jurisdiction: City

Utilities

  • Electricity: In Street
  • Gas Available: In Street
  • Sewer: Available, In Street
  • Water: Available, In Street, On Property

Condo/Co-op/Association

  • Community Name: Arlington
  • Community Features: Airfield

Schools

  • Elementary School: Lakewood Elem
  • Middle School: Lakewood Mid
  • High School: Lakewood High
  • School District: LKD

Lot Info

  • General Zoning Classification: Commercial
  • Improvements: Cable Tv Available, Fenced-Partially
  • Lot Details: Paved Street
  • Lot Dimensions: 245x626
  • Lot Sq Ft: 146797
  • Parcel Number: 31052100201800
  • Topography: Level
  • Zoning Jurisdiction: City
  • Zoning Remarks: HC

Tax Info

  • Tax Amount: 3391

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2018
Closed on
Aug 27, 2021
Sold by
Poeschel Peter Joseph and Poeschel Donna J
Bought by
Sequoia Community Llc
Seller's Agent
Dave Nelson
Dave Nelson Real Estate
List Price
$1,500,000
Sold Price
$1,500,000
Current Estimated Value
$1,570,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,162
Avg. Annual Appreciation
2.23%
Original Mortgage
$5,000,000
Outstanding Balance
$4,628,232
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$2,991,721

Purchase Details

Closed on
Oct 2, 2012
Sold by
Poeschel Peter Joseph
Bought by
Poeschel Peter Joseph
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
Sequoia Community Llc $1,500,000 Chicago Title
Poeschel Peter Joseph -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sequoia Community Llc $5,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold $1,500,000 0.0% --
12/02/2019 12/02/19 Pending -- -- --
06/02/2018 06/02/18 For Sale $1,500,000 -- --
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
2025 $12,761 $1,484,400 $1,484,400 --
2024 $12,761 $1,474,400 $1,474,400 --
2023 $11,273 $1,438,600 $1,438,600 $0
2022 $4,823 $512,800 $512,800 $0
2020 $3,995 $409,600 $409,600 $0
2019 $3,825 $418,600 $418,600 $0
2018 $3,391 $306,400 $306,400 $0
2017 $3,001 $269,900 $269,900 $0
2016 $2,757 $248,700 $248,700 $0
2015 $2,566 $221,400 $221,400 $0
2013 $2,174 $191,100 $176,900 $14,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1304393

Northwest Multiple Listing Service (NWMLS)

APN: 310521-002-018-00