NOT LISTED FOR SALE

Estimated Value: $890,000 - $1,427,000

0.09 Acre
$13,780,733 Price per Acre
3,920 Sq Ft Lot

Last Sold April 26, 2018

Last sale price $1,070,000 $748 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $7,856/month

31 Days on Market

About This Lot

As of April 2018

4,068 square foot site zoned NC2-55. Suitable for apartments or townhome development. This site has the potential to build up to 5 townhouse units. Centrally located in the heart of the 23rd and Union redevelopment with a plethora of Neighborhood amenities this site is half a mile to Capitol Hill and 1 mile from the CBD. There is currently a 1,860 square foot single family residence that will provide for strong income while a developer waits for permits.

Last Agent to Sell the Property

Peter Wright

Paragon Real Estate Advisors Listed on: 02/23/2018

Co-Listed By

David Smith

Paragon Real Estate Advisors License #6271

Last Buyer's Agent

Peter Wright

Paragon Real Estate Advisors Listed on: 02/23/2018

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1249349

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,813

Lot Details

Community Details

  • Capitol Hill Community

Listing and Financial Details

  • Assessor Parcel Number 7217400125

Property Details

Property Type

Land

Est. Annual Taxes

$13,813

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Style: 40 - Res-Less Thn 1 Ac
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: Paved

Utilities

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

Condo/Co-op/Association

  • Community Name: Capitol Hill

Schools

  • School District: SEA

Lot Info

  • General Zoning Classification: Residential
  • Lot Sq Ft: 4068
  • Parcel Number: 7217400125
  • Zoning Jurisdiction: City
  • Zoning Remarks: NC2-55

Tax Info

  • Tax Amount: 5862

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2018
Closed on
Apr 24, 2018
Sold by
Dep Holdings Llc
Bought by
Pomelo Heights Llc
Seller's Agent
Peter Wright
Paragon Real Estate Advisors
Buyer's Agent
Peter Wright
Paragon Real Estate Advisors
List Price
$1,159,000
Sold Price
$1,070,000
Premium/Discount to List
-$89,000
-7.68%
Current Estimated Value
$1,240,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,266

Purchase Details

Closed on
Sep 29, 2017
Sold by
Sikov Peter and Sikov Helen
Bought by
Dep Holdings Llc

Purchase Details

Closed on
Jan 16, 2001
Sold by
Winfrey Beverly R
Bought by
Sikov Peter and Sikov Helen

Purchase Details

Closed on
May 30, 1996
Sold by
Strategic Contracting & Construction Inc
Bought by
Winfrey Beverly R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,550
Interest Rate
7.97%

Purchase Details

Closed on
Feb 27, 1995
Sold by
Bbrt Inc
Bought by
Strategic Contracting & Construction Inc

Purchase Details

Closed on
Sep 20, 1993
Sold by
Olivier Sylvia F
Bought by
Bbrt Inc

Purchase Details

Closed on
Mar 24, 1993
Sold by
Calloway Willie
Bought by
Olivier Sylvia F

Purchase Details

Closed on
May 29, 1992
Sold by
Chester Lorelei Ellen
Bought by
Calloway Willie and Calloway Linda
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
Pomelo Heights Llc $1,070,000 Fidelity National Title
Dep Holdings Llc $995,000 Fidelity Natl Title Co Wa In
Sikov Peter -- Fidelity National Title Co
Winfrey Beverly R $129,500 First American Title
Strategic Contracting & Construction Inc -- First American Title Ins Co
Bbrt Inc $70,000 --
Olivier Sylvia F -- --
Calloway Willie $81,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sikov Peter $300,000
Previous Owner Winfrey Beverly R $116,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2018 04/26/18 Sold $1,070,000 -7.7% $748 / Sq Ft
03/27/2018 03/27/18 Pending -- -- --
02/23/2018 02/23/18 For Sale $1,159,000 -- $810 / Sq Ft
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 $13,813 $1,438,000 $1,437,000 $1,000
2023 $10,579 $1,438,000 $1,437,000 $1,000
2022 $10,425 $1,240,000 $1,239,000 $1,000
2021 $9,941 $1,126,000 $1,125,000 $1,000
2020 $8,018 $1,018,000 $1,017,000 $1,000
2018 $7,005 $832,000 $518,000 $314,000
2017 $5,862 $694,000 $442,000 $252,000
2016 $5,564 $598,000 $369,000 $229,000
2015 $4,657 $555,000 $342,000 $213,000
2014 -- $473,000 $285,000 $188,000
2013 -- $437,000 $204,000 $233,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1249349

Northwest Multiple Listing Service (NWMLS)

APN: 721740-0125