NOT LISTED FOR SALE

1724 S 225th St Des Moines, WA 98198

Central Des Moines Neighborhood

Estimated Value: $910,000 - $1,136,335

4 Beds
3 Baths
3,040 Sq Ft
$343/Sq Ft Est. Value

Last Sold December 05, 2014

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

Est. 94% increase in value since last sale

Current estimated payment $6,572/month

About This Home

This home is located at 1724 S 225th St, Des Moines, WA 98198 and is currently estimated at $1,041,834, approximately $342 per square foot. 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.

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%
Current Estimated Value
$1,041,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$504,959
Avg. Annual Appreciation
6.21%
Original Mortgage
$429,500
Outstanding Balance
$328,629
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$713,205

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
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 $429,500
Previous Owner Classic Concepts Vi Llc $1,570,000
Previous Owner Pitzer Homes Inc $735,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/05/2014 12/05/14 Sold $536,875 +3.2% $177 / Sq Ft View Prior Sale
09/15/2014 09/15/14 Pending -- -- --
09/15/2014 09/15/14 For Sale $520,000 -- $171 / Sq Ft

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

  • Marci Rogers

    Seller's Agent in 2014

    Marci Rogers

    John L Scott

    (425) 557-1553

    2 Total Sales

    Marci Rogers
    Section Image
  • Renuka Getchell

    Buyer's Agent in 2014

    Renuka Getchell

    Windermere Corporate

    (206) 853-5023

    16 Total Sales

    Renuka Getchell
    Section Image
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Map

Washington King County Des Moines 98198 Central Des Moines

1724 S 225th St, Des Moines, WA

Not Listed for Sale

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