NOT LISTED FOR SALE

1022 S 225th Ln Des Moines, WA 98198

Central Des Moines Neighborhood

Estimated Value: $890,000 - $1,153,000

4 Beds
3 Baths
3,420 Sq Ft
$299/Sq Ft Est. Value

About This Home

This home is located at 1022 S 225th Ln, Des Moines, WA 98198 and is currently estimated at $1,023,959, approximately $299 per square foot. 1022 S 225th Ln is a home located in King County with nearby schools including Des Moines Elementary School, Pacific Middle School, and Mount Rainier High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2002
Sold by
Day Gerald L and Day Molly H
Bought by
Truong Spencer E and Truong Nancy M
Current Estimated Value
$1,023,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
8.3%

Purchase Details

Closed on
Feb 12, 1996
Sold by
Eric Kormondy Construction Inc
Bought by
Day Gerald L and Day Molly H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,850
Interest Rate
6.99%

Purchase Details

Closed on
Jul 21, 1994
Sold by
Johns William J
Bought by
Eric Kormondy Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
8.51%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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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
Truong Spencer E $375,000 Lawyers Title Agency
Day Gerald L $288,750 First American Title
Eric Kormondy Construction Inc $58,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Truong Nancy M $380,000
Closed Truong Spencer E $131,100
Closed Truong Spencer E $100,000
Closed Truong Spencer E $59,500
Closed Truong Spencer E $150,000
Closed Truong Spencer E $510,000
Closed Truong Spencer E $93,000
Closed Truong Spencer E $333,700
Closed Truong Spencer E $337,500
Previous Owner Day Gerald L $259,850
Previous Owner Eric Kormondy Construction Inc $56,000
Source: Public Records

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 $11,322 $969,000 $237,000 $732,000
2023 $10,644 $869,000 $214,000 $655,000
2022 $9,729 $943,000 $206,000 $737,000
2021 $9,006 $754,000 $169,000 $585,000
2020 $8,593 $660,000 $147,000 $513,000
2018 $8,183 $613,000 $143,000 $470,000
2017 $6,716 $553,000 $137,000 $416,000
2016 $6,030 $455,000 $125,000 $330,000
2015 $5,672 $415,000 $116,000 $299,000
2014 -- $386,000 $110,000 $276,000
2013 -- $300,000 $100,000 $200,000
Source: Public Records

Map

Washington King County Des Moines 98198 Central Des Moines

1022 S 225th Ln, Des Moines, WA

This home is located at 1022 S 225th Ln, Des Moines, WA 98198 and is currently estimated at $1,023,959, approximately $299 per square foot. 1022 S 225th Ln is a home located in King County with nearby schools including Des Moines Elementary School, Pacific Middle School, and Mount Rainier High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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