NOT LISTED FOR SALE

Estimated Value: $983,000 - $1,244,000

4 Beds
3 Baths
3,040 Sq Ft
$365/Sq Ft Est. Value

Last Sold December 05, 2014

Last sale price $536,875 $177 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $7,312/month

About This Home

As of December 2014

This home is located at 1724 S 225th St, Des Moines, WA 98198 since 15 September 2014 and is currently estimated at $1,109,138, approximately $364 per square foot. This property was built in 2014. 1724 S 225th St is a home located in King County with nearby schools including Des Moines Elementary School, Pacific Middle School, and Mount Rainier High School.

Last Agent to Sell the Property

Marci Rogers

John L. Scott, Inc. License #43666 Listed on: 09/15/2014

John L. Scott, Inc.

Last Buyer's Agent

Renuka Getchell

Windermere Real Estate/East License #112338

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM695753

Northwest Multiple Listing Service (NWMLS)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2014
Closed on
Dec 2, 2014
Sold by
Classic Concepts Vi Llc
Bought by
Swenson Sharmila K and Swenson Keith A
Seller's Agent
Marci Rogers
John L. Scott, Inc.
Buyer's Agent
Renuka Getchell
Windermere Real Estate/East
List Price
$520,000
Sold Price
$536,875
Premium/Discount to List
$16,875
3.25%
Total Days on Market
0
Current Estimated Value
$1,109,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$572,263
Avg. Annual Appreciation
7.30%
Original Mortgage
$429,500
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2014
Sold by
Lakeridge Development Concepts Inc
Bought by
Classic Concepts Vi Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,570,000
Interest Rate
4.11%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 26, 2013
Sold by
Lakeridge Development I Llc
Bought by
City Of Des Moines

Purchase Details

Closed on
Dec 8, 2011
Sold by
Federal Deposit Insurance Corporation
Bought by
Union Bank Na

Purchase Details

Closed on
Dec 6, 2011
Sold by
Union Bank Na
Bought by
Lakeridge Development 1 Llcc

Purchase Details

Closed on
Nov 2, 2009
Sold by
Pitzer Homes Inc
Bought by
Frontier Bank

Purchase Details

Closed on
Jan 5, 2006
Sold by
Dovey Development Llc
Bought by
Pitzer Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$735,000
Interest Rate
6.32%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 9, 2005
Sold by
Russ Douglas H
Bought by
Dovey Development Llc

Purchase Details

Closed on
Sep 25, 1991
Sold by
Russ Irene M
Bought by
Russ Irene M (Tr)
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
Swenson Sharmila K $536,875 Cw Title Co
Classic Concepts Vi Llc -- Cw Title Co
Lakeridge Development Concepts Inc -- Cw Title Co
City Of Des Moines -- None Available
City Of Des Moines -- None Available
Union Bank Na -- Chicago Title
Lakeridge Development 1 Llcc $275,000 Chicago Title
Frontier Bank $807,104 None Available
Pitzer Homes Inc $510,500 Ticor National
Dovey Development Llc $340,000 Ticor National
Russ Irene M (Tr) -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swenson Sharmila K $150,000
Open Swenson Sharmila K $449,900
Closed Swenson Sharmila K $429,500
Previous Owner Classic Concepts Vi Llc $1,570,000
Previous Owner Pitzer Homes Inc $314,868
Previous Owner Pitzer Homes Inc $735,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2014 12/05/14 Sold $536,875 +3.2% $177 / Sq Ft
09/15/2014 09/15/14 Pending -- -- --
09/15/2014 09/15/14 For Sale $520,000 -- $171 / 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 $13,031 $1,092,000 $237,000 $855,000
2023 $12,360 $980,000 $214,000 $766,000
2022 $11,277 $1,063,000 $206,000 $857,000
2021 $10,443 $850,000 $169,000 $681,000
2020 $9,970 $744,000 $147,000 $597,000
2018 $10,298 $756,000 $143,000 $613,000
2017 $8,476 $682,000 $137,000 $545,000
2016 $9,478 $561,000 $125,000 $436,000
2015 $5,171 $647,000 $116,000 $531,000
2014 -- $334,000 $126,000 $208,000
2013 -- $41,000 $41,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM695753

Northwest Multiple Listing Service (NWMLS)

APN: 162204-9067