Listed by Windermere Real Estate Co., Bought with Pellego, Inc.
NOT LISTED FOR SALE

11411 Des Moines Memorial Dr S Seattle, WA 98168

Boulevard Park Neighborhood

Estimated Value: $535,000

0.6 Acre
$889,000 Price per Acre
26,214 Sq Ft Lot

Last Sold June 06, 2023

Last sale price $1,000,000

Est. 46% decrease in value since last sale

Current estimated payment $3,436/month

46 Days on Market

Highlights

  • City View
  • No HOA
  • Level Lot
  • 0.6 Acre Lot

About This Lot

As of June 2023

Rare investment/development opportunity in business-friendly Burien. One of two large adjacent platted lots, each 26,000 SF, with a combined area of 52,325 SF (1.2 acres), flat topography and CC-2 zoning, in an SBA HUBZone, on historic Des Moines Memorial Drive in Boulevard Park, 15 minutes from downtown Seattle. Lots are offered individually or combined into a single property. Lucrative potential for light manufacturing, multifamily or mixed-use development in an appreciating submarket; feasibility studies included for a townhome or apartment complex. Burien’s new Housing Action Plan specifically targets Boulevard Park for accelerated growth in housing unit construction and relaxes regulations for developers of multifamily properties.

Last Agent to Sell the Property

Edward Krigsman

Windermere Real Estate Co. License #2270 Listed on: 12/02/2021

Windermere Real Estate Co.

Last Buyer's Agent

Japjeet Shaglani

Pellego, Inc. License #20109136

Pellego, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1868948

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,328

Lot Details

  • 0.6 Acre Lot
  • Level Lot
  • Zoning described as CC-2

Property Views

  • City
  • Territorial

Schools

  • Beverly Park Elemat Elementary School
  • Sylvester Mid Middle School
  • Highline High School

Utilities

  • Sewer in Street

Community Details

  • No Home Owners Association
  • Boulevard Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0923049246

Property Details

Property Type

Land

Est. Annual Taxes

$5,328

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 40 - Res-Less thn 1 Ac
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • Restrictions: See Remarks
  • Survey: Survey available
  • LevelComment: Mostly level
  • Special Features: None
  • Cumulative Days on Market: 865

Interior Features

  • Possible Use: Commercial, Multi-Family, Office, Retail, See Remarks
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • View: City, See Remarks, Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • Road Surface Type: Paved, See Remarks
  • View: Yes
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: Paved,See Remarks
  • RoadOnWhichSide: East
  • WaterJurisdiction: Water District 20 (City of Burien)

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: In Street, On Property
  • Water Source: Available, On Property, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electricity On Property: No
  • Utilities: Natural Gas Available, Electricity Available
  • ElectricityStatus: In Street
  • GasStatus: In Street
  • SepticDesignInstalled: false

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Highline
  • High School: Highline High
  • Middle Or Junior School: Sylvester Mid

Lot Info

  • Parcel Number: 0923049246
  • Topography: Level,SeeRemarks,Sloped
  • Lot Size Acres: 0.6018
  • Lot Size: Irregular
  • Lot Size Sq Ft: 26215
  • Zoning Description: CC-2
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: county
  • ZoningJurisdiction: City
  • ZoningClass: Commercial,Multi-Family,Office,Retail,See Remarks
  • SlopeComment: East

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021
  • Tax Annual Amount: 5328

MLS Schools

  • Elementary School: Beverly Park ElemAt

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2021
Closed on
Jun 5, 2023
Sold by
Jmnr Corporation
Bought by
Basra Kirpal
Seller's Agent
Edward Krigsman
Windermere Real Estate Co.
Buyer's Agent
Japjeet Shaglani
Pellego, Inc.
List Price
$495,000
Sold Price
$1,000,000
Premium/Discount to List
$505,000
102.02%
Views
11
Current Estimated Value
$535,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$465,000

Purchase Details

Closed on
Sep 1, 1998
Sold by
Mills Suzanne and Allard Leo G
Bought by
Jmnr Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.92%
Mortgage Type
Seller Take Back
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
Basra Kirpal $1,000,000 Chicago Title
Jmnr Corp $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jmnr Corp $203,000
Previous Owner Jmnr Corp $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2023 06/06/23 Sold $1,000,000 +102.0% --
01/17/2022 01/17/22 Pending -- -- --
12/02/2021 12/02/21 For Sale $495,000 -- --
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 $6,325 $478,400 $478,400 --
2023 $5,517 $425,900 $425,900 $0
2022 $5,375 $419,400 $419,400 $0
2021 $5,329 $367,000 $367,000 $0
2020 $5,118 $353,900 $353,900 $0
2018 $5,515 $340,700 $340,700 $0
2017 $5,423 $340,700 $340,700 $0
2016 $5,274 $340,700 $340,700 $0
2015 $5,414 $340,700 $340,700 $0
2014 -- $340,700 $340,700 $0
2013 -- $340,700 $340,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1868948

Northwest Multiple Listing Service (NWMLS)

APN: 092304-9246