Listed by John L. Scott Des Moines, Bought with John L. Scott, Inc
NOT LISTED FOR SALE

Estimated Value: $911,000

0.17 Acre
$5,511,192 Price per Acre
7,200 Sq Ft Lot

Last Sold May 04, 2022

Last sale price $60,000

Est. 1,418% increase in value since last sale

Current estimated payment $5,016/month

6 Days on Market

Highlights

  • No HOA
  • Open Space
  • Level Lot

About This Lot

As of May 2022

Dirt Cheap! Pun intended. Opportunity to acquire a vacant in-city residential lot. Property is 60’ by 120’ and mostly level, surrounded by well-kept homes on tranquil street. Super convenient location, all major freeways accesses (I-5, I-405, SR167) are just minutes away. Shopping, dining & entertainment options in nearby Southcenter & The Landing. Skyway Water & Sewer District will not allow installation of septic tank. Buy and hold or tap into sewer on S 128th St to build now, which is two houses away. Either way, cannot go wrong at this price point.

Last Agent to Sell the Property

Paul Lau

John L. Scott Des Moines License #71801 Listed on: 04/13/2022

John L. Scott Des Moines

Last Buyer's Agent

Tina Tran

John L. Scott, Inc License #131865

John L. Scott, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1916493

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $334

Lot Details

  • 7,200 Sq Ft Lot
  • Open Space
  • Level Lot
  • Zoning described as SF

Schools

  • Campbell Hill Elementary School
  • Dimmitt Mid Middle School
  • Renton Snr High School

Community Details

  • No Home Owners Association
  • Earlington Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7878400021

Property Details

Property Type

Land

Est. Annual Taxes

$334

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
  • PropertyFeatures: Brush
  • Restrictions: Unknown
  • Special Features: None
  • Cumulative Days on Market: 1,197

Interior Features

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

Exterior Features

  • Lot Features: Open Space, Paved
  • Road Surface Type: Gravel
  • View: No
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: Gravel
  • RoadOnWhichSide: East
  • WaterJurisdiction: Skyway

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: Available
  • Water Source: In Street
  • Electricity On Property: Yes
  • Utilities: Natural Gas Available, Electricity Connected
  • ElectricityStatus: In Street
  • GasStatus: Available
  • SepticDesignInstalled: false

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Renton
  • High School: Renton Snr High
  • Middle Or Junior School: Dimmitt Mid

Lot Info

  • Parcel Number: 7878400021
  • Topography: Level
  • Lot Size Acres: 0.1653
  • Lot Size Sq Ft: 7200
  • Zoning Description: SF
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: County
  • ZoningClass: Residential

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2021
  • Tax Annual Amount: 92

MLS Schools

  • Elementary School: Campbell Hill Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2022
Closed on
Apr 29, 2022
Sold by
Bales Family Trust
Bought by
Le Thuy Diem and Nguyen Thu Quoc
Seller's Agent
Paul Lau
John L. Scott Des Moines
Buyer's Agent
Tina Tran
John L. Scott, Inc
List Price
$30,000
Sold Price
$60,000
Premium/Discount to List
$30,000
100%
Current Estimated Value
$911,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$851,000
Avg. Annual Appreciation
109.53%

Purchase Details

Closed on
Dec 11, 1992
Sold by
Bales David E and Bales Margaret G
Bought by
Bales Family Trust
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
Le Thuy Diem $60,000 First American Title
Bales Family Trust -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2022 05/04/22 Sold $60,000 +100.0% --
04/19/2022 04/19/22 Pending -- -- --
04/13/2022 04/13/22 For Sale $30,000 -- --
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 $334 $29,000 $29,000 --
2023 $80 $5,000 $5,000 $0
2022 $89 $6,000 $6,000 $0
2021 $92 $6,000 $6,000 $0
2020 $92 $6,000 $6,000 $0
2018 $97 $6,000 $6,000 $0
2017 $94 $6,000 $6,000 $0
2016 $100 $6,000 $6,000 $0
2015 $97 $6,000 $6,000 $0
2014 -- $6,000 $6,000 $0
2013 -- $6,000 $6,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1916493

Northwest Multiple Listing Service (NWMLS)

APN: 787840-0021