NOT LISTED FOR SALE

1801 S 262nd Place Des Moines, WA 98198

Woodmont Neighborhood

Estimated Value: $585,000 - $647,000

5 Beds
2 Baths
2,040 Sq Ft
$301/Sq Ft Est. Value

About This Home

This home is located at 1801 S 262nd Place, Des Moines, WA 98198 and is currently estimated at $614,468, approximately $301 per square foot. 1801 S 262nd Place is a home located in King County with nearby schools including Woodmont K-8 School, Sacajawea Middle School, and Federal Way High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2018
Sold by
2018 3 Ih Borrower Lp
Bought by
2018 3 Ih Borrower Lp
Current Estimated Value
$614,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,383
Outstanding Balance
$1,124,613
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
-$510,145

Purchase Details

Closed on
Jun 19, 2015
Sold by
Ih2 Property Washington Lp
Bought by
2015-3 Ih2 Borrower Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,939,500
Interest Rate
3.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 2013
Sold by
Dang Hanh V and Pham Phuoc T
Bought by
Ih2 Property Washington Lp

Purchase Details

Closed on
Apr 26, 2002
Sold by
Lusignan Teresa D J and Santiago Teresa Dejesus
Bought by
Dang Hanh and Pham Phuoc T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,650
Interest Rate
7.08%

Purchase Details

Closed on
Jan 15, 2002
Sold by
Lusignan Ricky P
Bought by
Lusignan Teresa D

Purchase Details

Closed on
May 8, 2000
Sold by
Sandt Ann Corinne
Bought by
Lusignan Ricky P and Lusignan Teresa D J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,750
Interest Rate
8.22%

Purchase Details

Closed on
Jul 18, 1996
Sold by
Sandt Ann Corinne
Bought by
Sandt Ann Corinne
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
2018 3 Ih Borrower Lp -- Os National Llc
2015-3 Ih2 Borrower Lp -- Fidelity National Title
Ih2 Property Washington Lp $217,700 Fidelity Natio
Dang Hanh $167,100 Chicago Title
Lusignan Teresa D -- --
Lusignan Ricky P $155,000 Commonwealth Land Title
Sandt Ann Corinne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2018 3 Ih Borrower Lp $1,300,383
Previous Owner 2015-3 Ih2 Borrower Lp $11,939,500
Previous Owner Dang Hanh $133,650
Previous Owner Lusignan Ricky P $146,750
Source: Public Records

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 $6,047 $558,000 $177,000 $381,000
2023 $5,873 $501,000 $160,000 $341,000
2022 $5,269 $544,000 $154,000 $390,000
2021 $4,926 $435,000 $126,000 $309,000
2020 $4,733 $381,000 $110,000 $271,000
2018 $4,953 $358,000 $93,000 $265,000
2017 $3,591 $323,000 $89,000 $234,000
2016 $3,444 $229,000 $81,000 $148,000
2015 $3,131 $209,000 $75,000 $134,000
2014 -- $195,000 $71,000 $124,000
2013 -- $152,000 $65,000 $87,000
Source: Public Records

Map

Washington King County Des Moines 98198 Woodmont

1801 S 262nd Place, Des Moines, WA

Not Listed for Sale

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