NOT LISTED FOR SALE

Estimated Value: $229,000 - $333,247

1.29 Acres
$230,446 Price per Acre
56,345 Sq Ft Lot

Last Sold March 22, 2024

Last sale price $250,000 $595 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,788/month

330 Days on Market

Highlights

  • Territorial View
  • No HOA
  • Level Lot
  • Tahoma Elementary Rated A

About This Lot

As of March 2024

Beautiful 1.290 acres of level pasture land & lightly treed. Rustic 1 bed log cabin. Old barn & stable in rough condition. PLEASE be cautious when viewing the buildings on the property. Must view property with your Buyers Agent. Drilled well & pump house next to cabin. Seller to do no work or repairs. Value in the Land. The property abuts the mouth of the Taylor Reach Natural Area. No key box on the property. Power & Septic on the property. Build your dream home!

Last Agent to Sell the Property

Rhonda Benedict

Realty ONE Group Orca Gold License #320584 Listed on: 04/21/2023

Realty ONE Group Orca Gold

Last Buyer's Agent

Rhonda Benedict

Realty ONE Group Orca Gold License #320584 Listed on: 04/21/2023

Realty ONE Group Orca Gold

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2055382

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,039

Lot Details

  • 1.29 Acre Lot
  • Street terminates at a dead end
  • Level Lot
  • Zoning described as RA-5 Rural

Property Views

  • Territorial Views

Schools

  • Tahoma Elementary School
  • Summit Trail Middle School
  • Tahoma Snr High School

Utilities

  • Well
  • Septic Design Installed
  • Sewer Not Available

Community Details

  • No Home Owners Association
  • Cedar River Condos
  • Cedar River Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 5112400060

Property Details

Property Type

Land

Est. Annual Taxes

$2,039

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 41 - Res-Over 1 Acre
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Cedar River
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • PropertyFeatures: Evergreens,Lightly Treed,Pasture Land
  • Restrictions: Unknown
  • SOCComments: Buyers Agent must be present with Buyers
  • Special Features: None
  • Cumulative Days on Market: 787

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • View: Territorial
  • Lot Features: Dead End Street, Paved
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: County Maintained,Paved

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Not Available
  • Water Source: Private Well
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: Yes
  • Utilities: Well Private, Electricity Connected, Septic Design Installed
  • ElectricityStatus: On Property
  • GasStatus: Not Available
  • SepticDesignInstalled: true

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Tahoma
  • High School: Tahoma Snr High
  • Middle Or Junior School: Summit Trail Middle School

Lot Info

  • Parcel Number: 5112400060
  • Topography: Level
  • Lot Size Acres: 1.2935
  • Lot Size Sq Ft: 56346
  • Zoning Description: RA-5 Rural
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: County
  • ZoningJurisdiction: County
  • ZoningClass: Residential
  • LotNumber: 1

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2039

MLS Schools

  • Elementary School: Tahoma Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2023
Closed on
Mar 21, 2024
Sold by
Woods & Water Investments Llc
Bought by
King Cnty
Seller's Agent
Rhonda Benedict
Realty ONE Group Orca Gold
Buyer's Agent
Rhonda Benedict
Realty ONE Group Orca Gold
List Price
$565,000
Sold Price
$250,000
Premium/Discount to List
-$315,000
-55.75%
Views
376
Current Estimated Value
$298,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,082
Avg. Annual Appreciation
4.38%

Purchase Details

Closed on
Sep 5, 2013
Sold by
Bushnell Donald L and Bushnell Paulette
Bought by
Woods & Water Investments Llc
Source: Public Records

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Range of Values:

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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
King Cnty $250,000 Chicago Title
Woods & Water Investments Llc $89,950 Cw Title Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2024 03/22/24 Sold $250,000 -33.3% $595 / Sq Ft
03/16/2024 03/16/24 Pending -- -- --
01/19/2024 01/19/24 Price Changed $375,000 -33.6% $893 / Sq Ft
04/21/2023 04/21/23 For Sale $565,000 -- $1,345 / 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 $2,468 $189,000 $188,000 $1,000
2023 $2,040 $185,000 $171,000 $14,000
2022 $1,914 $175,000 $167,000 $8,000
2021 $1,840 $137,000 $129,000 $8,000
2020 $1,718 $119,000 $111,000 $8,000
2018 $1,741 $114,000 $104,000 $10,000
2017 $2,308 $105,000 $95,000 $10,000
2016 $2,272 $149,000 $139,000 $10,000
2015 $2,271 $141,000 $131,000 $10,000
2014 -- $138,000 $119,000 $19,000
2013 -- $133,000 $111,000 $22,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2055382

Northwest Multiple Listing Service (NWMLS)

APN: 511240-0060