Listed by eXp Realty, Bought with Windermere R E/Lake Tapps, Inc
NOT LISTED FOR SALE

1845 S 264th Place Des Moines, WA 98198

Woodmont Neighborhood

Estimated Value: $581,000 - $640,000

5 Beds
1 Bath
2,040 Sq Ft
$299/Sq Ft Est. Value

Last Sold February 01, 2019

Last sale price $365,000 $179 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,710/month

121 Days on Market

Highlights

  • RV Access or Parking
  • Territorial View
  • 2 Fireplaces
  • Deck
  • Wood Flooring
  • Patio

About This Home

As of February 2019

Fantastic location with tons of potential. Large, private, level lot, on a quiet street. Great commuter location close to light rail, Seatac airport, I-5, Saltwater State Park & downtown Des Moines waterfront. New roof & exterior paint. Original hardwoods, great flow from kitchen dining on to your newly refurbished deck. Lower level has own entrance and could easily be turned into MIL/rental. Great opportunity to put your own touches and create some equity.

Last Agent to Sell the Property

Tom Hobbs

eXp Realty License #115854 Listed on: 08/10/2018

eXp Realty

Co-Listed By

Hilary Holmes

Seattle Works Real Estate License #26755

Last Buyer's Agent

Travis DeLaughder

Windermere R E/Lake Tapps, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1341856

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,724

Year Built

  • Built in 1962

Lot Details

  • Property is Fully Fenced
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 2 Fireplaces
  • Territorial Views
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Laminate

Parking

  • Attached Carport
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Community Details

  • Woodmont Community

Listing and Financial Details

  • Assessor Parcel Number 7888300220

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,724

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 14 - Split Entry
  • Building Information: Built On Lot
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room
  • Floor Covering: Hardwood, Laminate
  • Appliances That Stay: Dishwasher, Range/Oven, Refrigerator
  • Bedrooms: 5.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.75
  • Bathrooms Main: Lower
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms Lower: 1
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Basement: Daylight
  • Dining Room: Upper
  • Extra Finished Room: Lower
  • Kitchen: Upper
  • Living Room: Upper
  • Recreation Room: Lower
  • Estimated Sq Ft: 2040
  • Square Footage Finished: 2040

Exterior Features

  • Exterior: Wood
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Type: Carport-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: Midway Sewer
  • Water Company: Highline Water District
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Woodmont

Schools

  • Elementary School: Woodmont Elem
  • Middle School: Buyer To Verify
  • High School: Federal Way Snr High
  • School District: FED

Lot Info

  • Lot Details: Curbs, Paved Street
  • Lot Dimensions: 70x121
  • Lot Sq Ft: 8145
  • Lot Topography Vegetation: Level
  • Parcel Number: 7888300220
  • Lot Topography: Level

Tax Info

  • Tax Amount: 4300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2018
Closed on
Jan 25, 2019
Sold by
Derum Kelli E and Estate Of Myrhlane K Derum
Bought by
Echeverria Ramos Rita Janet
Seller's Agent
Tom Hobbs
eXp Realty
Buyer's Agent
Travis DeLaughder
Windermere R E/Lake Tapps, Inc
List Price
$387,500
Sold Price
$365,000
Premium/Discount to List
-$22,500
-5.81%
Current Estimated Value
$609,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,875
Avg. Annual Appreciation
8.00%
Original Mortgage
$341,000
Outstanding Balance
$300,405
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$309,470

Purchase Details

Closed on
Jul 19, 2013
Sold by
Gorsline William P
Bought by
Derum Myrhlane K

Purchase Details

Closed on
Apr 11, 2013
Sold by
Derum Myrhlane K
Bought by
Derum Myrhlane K and Derum Kelli E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,100
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2013
Sold by
Devaraj George
Bought by
Derum Kelli E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,100
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 1985
Sold by
Derum Patrick Lewis
Bought by
Derum Patrick L and Derum Myrhlane K
Source: Public Records

Range of Values:

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Average Value
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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
Echeverria Ramos Rita Janet $365,000 Old Republic Title Ltd
Derum Myrhlane K -- Lsi
Derum Myrhlane K $89,550 Lsi
Derum Kelli E -- Lsi
Derum Patrick L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Echeverria Chaname Victor Jonathan $341,000
Previous Owner Derum Myrhlane K $179,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2019 02/01/19 Sold $365,000 -5.8% $179 / Sq Ft
12/09/2018 12/09/18 Pending -- -- --
08/10/2018 08/10/18 For Sale $387,500 -- $190 / 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 $5,724 $526,000 $177,000 $349,000
2023 $5,555 $472,000 $160,000 $312,000
2022 $4,985 $512,000 $154,000 $358,000
2021 $4,659 $410,000 $126,000 $284,000
2020 $4,479 $359,000 $110,000 $249,000
2018 $4,300 $308,000 $93,000 $215,000
2017 $3,591 $278,000 $89,000 $189,000
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

Agents Affiliated with this Home

  • Tom Hobbs

    Seller's Agent in 2019

    Tom Hobbs

    eXp Realty

    (253) 259-7073

    1 in this area

    102 Total Sales

    Tom Hobbs
    Section Image
  • Hilary Holmes

    Seller Co-Listing Agent in 2019

    Hilary Holmes

    Seattle Works Real Estate

    (253) 217-2553

    164 Total Sales

    Hilary Holmes
    Section Image

  • T

    Buyer's Agent in 2019

    Travis DeLaughder

    Windermere R E/Lake Tapps, Inc

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1341856

Northwest Multiple Listing Service (NWMLS)

APN: 788830-0220

Washington King County Des Moines 98198 Woodmont

1845 S 264th Place, Des Moines, WA

This home is located at 1845 S 264th Place, Des Moines, WA 98198 since 10 August 2018 and is currently estimated at $609,875, approximately $298 per square foot. This property was built in 1962. 1845 S 264th Place is a home located in King County with nearby schools including Woodmont K-8 School, Sacajawea Middle School, and Federal Way High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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