Listed by Homes & Equity Real Estate Grp, Bought with Better Properties Puget Sound
NOT LISTED FOR SALE

11102 Bridgeport Way SW Lakewood, WA 98499

Lakeview Neighborhood

Estimated Value: $1,097,312

0.49 Acre
$2,239,412 Price per Acre
21,344 Sq Ft Lot

Last Sold October 06, 2017

Last sale price $570,000

Est. 93% increase in value since last sale

Current estimated payment $6,624/month

105 Days on Market

About This Lot

As of October 2017

REDEVELOPMENT OPPORTUNITY. High traffic commercial corner close to I-5, JBLM, Lakewood Town Center. Wide appeal & tremendous opportunity for this land. Area businesses include Hospital, Chevron, 7-11, Lowes, & Lakewood Town Center. Possible developments: retail strip, fast food, free standing bldg, medical, bank, office, etc. Existing 1200+ Sq Ft building that could be remodeled, extended, or demolished to build new. Former fuel tanks removed & site has NO CONTAMINATION. Buyer to verify all info

Last Agent to Sell the Property

Jaspinder Athwal

Homes & Equity Real Estate Grp License #109660 Listed on: 10/13/2016

Last Buyer's Agent

Arwa Alawi

Better Properties Puget Sound

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1041995

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,891

Lot Details

  • Corner Lot
  • Level Lot

Community Details

  • Lakewood Community

Listing and Financial Details

  • Assessor Parcel Number 021904044

Property Details

Property Type

Land

Est. Annual Taxes

$9,891

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Style: 43 - Comm/Industrial
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: Paved

Utilities

  • Electricity: On Property
  • Gas Available: Available
  • Sewer: On Property
  • Water: On Property

Condo/Co-op/Association

  • Community Name: Lakewood

Schools

  • School District: LKD

Lot Info

  • General Zoning Classification: Business, Commercial, Office, Retail
  • Lot Details: Corner Lot, Curbs, Sidewalk
  • Lot Sq Ft: 21302
  • Parcel Number: 021904044
  • Topography: Level
  • Zoning Jurisdiction: City

Tax Info

  • Tax Amount: 8527

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2016
Closed on
Oct 2, 2017
Sold by
Athwal Arvinder and Uppal Nachhatar Singh
Bought by
The Qatar Group Llc
Seller's Agent
Jaspinder Athwal
Homes & Equity Real Estate Grp
Buyer's Agent
Arwa Alawi
Better Properties Puget Sound
List Price
$649,950
Sold Price
$570,000
Premium/Discount to List
-$79,950
-12.3%
Current Estimated Value
$1,097,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$527,312
Avg. Annual Appreciation
8.48%
Original Mortgage
$70,000
Outstanding Balance
$58,532
Interest Rate
3.86%
Mortgage Type
Seller Take Back
Estimated Equity
$1,038,780

Purchase Details

Closed on
Dec 30, 2010
Sold by
Equilon Enterprises Llc
Bought by
Uppal Nachator Singh and Athwal Arvinder

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,100
Interest Rate
4.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 29, 2010
Sold by
Uppal Shaminder
Bought by
Uppal Nachhatar Singh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,100
Interest Rate
4.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 1, 1998
Sold by
Texaco Refining & Marketing Inc
Bought by
Equilon Enterprises Llc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
The Qatar Group Llc $569,719 Old Republic Title Ltd
Uppal Nachator Singh $287,375 Ctc
Uppal Nachhatar Singh -- Ctc
Athwal Arvinder -- None Available
Equilon Enterprises Llc -- Stewart Title Guaranty Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Qatar Group Llc $70,000
Previous Owner Uppal Nachator Singh $252,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2017 10/06/17 Sold $570,000 -12.3% --
01/27/2017 01/27/17 Pending -- -- --
10/13/2016 10/13/16 For Sale $649,950 -- --
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 $9,891 $915,200 $886,700 $28,500
2024 $9,891 $918,300 $886,700 $31,600
2023 $9,891 $855,800 $609,000 $246,800
2022 $9,283 $778,000 $609,000 $169,000
2021 $9,766 $705,700 $553,700 $152,000
2019 $7,735 $630,100 $553,700 $76,400
2018 $6,095 $600,000 $503,300 $96,700
2017 $6,028 $385,100 $308,500 $76,600
2016 $8,527 $349,300 $308,500 $40,800
2014 $10,204 $516,700 $308,500 $208,200
2013 $10,204 $516,700 $308,500 $208,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1041995

Northwest Multiple Listing Service (NWMLS)

APN: 021902-4044