Listed by Vashon Isl. Sotheby's Int'l RE, Bought with Windermere RE Vashon-Maury Isl
NOT LISTED FOR SALE

18109 Vashon Hwy SW Vashon, WA 98070

Estimated Value: $590,771

2.31 Acres
$255,745 Price per Acre
100,624 Sq Ft Lot

Last Sold December 29, 2016

Last sale price $499,000

Est. 18% increase in value since last sale

Current estimated payment $3,922/month

143 Days on Market

About This Lot

As of December 2016

A rare investment opportunity, this zoned Industrial 2.3 acres located in the heart of Vashon's commercial district offers 168 ft of frontage onto Vashon Island's most traveled thoroughfare! Five King Co. District 19 water shares are included.

Last Agent to Sell the Property

Len Wolff

Vashon Isl. Sotheby's Int'l RE License #6622 Listed on: 07/15/2016

Last Buyer's Agent

Beth de Groen

Windermere RE Vashon-Maury Isl License #92461

Windermere RE Vashon-Maury Isl

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM979925

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,511

Lot Details

  • Level Lot

Community Details

  • In Town Community

Listing and Financial Details

  • Assessor Parcel Number 3123039012

Property Details

Property Type

Land

Est. Annual Taxes

$8,511

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Style: 43 - Comm/Industrial
  • Restrictions: Unknown
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: Access Easement, County Maintained, Paved
  • Water Jurisdiction: KC Dist No. 19

Utilities

  • Electricity: On Property
  • Gas Available: In Street
  • Sewer: Available
  • Water: Available, In Street

Condo/Co-op/Association

  • Community Name: In Town

Schools

  • Elementary School: Chautauqua Elem
  • Middle School: Mcmurray Mid
  • High School: Vashon Isl High
  • School District: VSH

Lot Info

  • Easements: Yes
  • General Zoning Classification: Commercial
  • Improvements: Cable Tv Available, Outbuilding(s)
  • Lot Details: Paved Street
  • Lot Sq Ft: 100623
  • Parcel Number: 3123039012
  • Topography: Level
  • Zoning Jurisdiction: County
  • Zoning Remarks: IP

Tax Info

  • Tax Amount: 5729

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2016
Closed on
Dec 1, 2016
Sold by
3B Investments Llc
Bought by
B & B Northwest Properties Llc
Seller's Agent
Len Wolff
Vashon Isl. Sotheby's Int'l RE
Buyer's Agent
Beth de Groen
Windermere RE Vashon-Maury Isl
List Price
$599,000
Sold Price
$499,000
Premium/Discount to List
-$100,000
-16.69%
Current Estimated Value
$590,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,771
Avg. Annual Appreciation
2.09%
Original Mortgage
$239,000
Outstanding Balance
$197,880
Interest Rate
3.94%
Estimated Equity
$399,550

Purchase Details

Closed on
Mar 11, 2016
Sold by
Stuart P Kasner Pllc
Bought by
3B Investments Llc

Purchase Details

Closed on
Feb 29, 2008
Sold by
Choe Ki H
Bought by
Bergin Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.64%

Purchase Details

Closed on
Dec 11, 2000
Sold by
Pak David and Pak Jenny
Bought by
Choe Ki H

Purchase Details

Closed on
Jan 10, 2000
Sold by
Choe Ki H
Bought by
Pak David and Pak Jenny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.84%

Purchase Details

Closed on
Feb 21, 1996
Sold by
Gulledge Carl L and Gulledge Sondra
Bought by
Choe Ki Hun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
7.1%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 25, 1983
Sold by
Kane Sheila M
Bought by
King John W
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
B & B Northwest Properties Llc $260,000 Chicago Title
3B Investments Llc $234,029 None Available
Bergin Kevin $444,100 Pacific Nw Tit
Choe Ki H $200,000 --
Pak David $450,000 First American
Choe Ki Hun $260,000 Commonwealth Title Ins Co
King John W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open B & B Northwest Properties Llc $239,000
Previous Owner Bergin Kevin $225,000
Previous Owner Bergin Kevin T $180,000
Previous Owner Pak David $350,000
Previous Owner Choe Ki Hun $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2016 12/29/16 Sold $499,000 -16.7% --
12/05/2016 12/05/16 Pending -- -- --
07/15/2016 07/15/16 For Sale $599,000 -- --
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 $8,511 $227,400 $226,400 $1,000
2023 $3,903 $227,400 $226,400 $1,000
2022 $8,511 $227,400 $226,400 $1,000
2021 $8,767 $227,400 $226,400 $1,000
2020 $8,524 $227,400 $226,400 $1,000
2018 $7,440 $212,300 $211,300 $1,000
2017 $7,000 $202,200 $201,200 $1,000
2016 $5,729 $177,000 $176,000 $1,000
2015 $5,782 $177,000 $176,000 $1,000
2014 -- $177,000 $176,000 $1,000
2013 -- $177,000 $176,000 $1,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM979925

Northwest Multiple Listing Service (NWMLS)

APN: 312303-9012