NOT LISTED FOR SALE
1.58 Acres
-- Price per Acre
68,986 Sq Ft Lot

Last Sold December 10, 2024

Last sale price $550,000

52 Days on Market

Highlights

  • 1.58 Acre Lot
  • Corner Lot
  • No HOA

About This Lot

As of December 2024

Excellent Opportunity! Income producing vacant land in Federal Way. Corner commercial lot with a small area of the 1.58 acres in the NE corner leased to Verizon for cell equipment to a pole on the south side. Sweet lease income will renew in January and is renewable annually. Zoned PO (Professional Office).

Last Agent to Sell the Property

Corrina Westermann

Windermere Lake Stevens License #10208 Listed on: 07/24/2024

Windermere Lake Stevens

Last Buyer's Agent

Corrina Westermann

Windermere Lake Stevens License #10208 Listed on: 07/24/2024

Windermere Lake Stevens

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2260572

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,308

Lot Details

  • 1.58 Acre Lot
  • Corner Lot
  • Level Lot
  • Zoning described as PO

Utilities

  • Sewer in Street

Community Details

  • No Home Owners Association
  • Federal Way Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1221039030

Property Details

Property Type

Land

Est. Annual Taxes

$7,308

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 43 - Comm/Industrial
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • Restrictions: See Remarks
  • Special Features: None
  • Cumulative Days on Market: 241

Interior Features

  • Possible Use: Business, Commercial, Office, See Remarks
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Lot Features: Corner Lot, Paved, Sidewalk
  • Road Surface Type: Paved
  • View: No
  • Waterfront: No
  • Structure Type: Industrial
  • RoadInformation: Paved
  • RoadOnWhichSide: South & East

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Available, In Street
  • Water Source: In Street
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: No
  • Utilities: Electricity Available, Natural Gas Available
  • ElectricityStatus: Available
  • GasStatus: Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Federal Way

Lot Info

  • Parcel Number: 1221039030
  • Topography: Level,Sloped
  • Lot Size Acres: 1.5837
  • Lot Size Sq Ft: 68988
  • Zoning Description: PO
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Business,Commercial,Office,See Remarks

Tax Info

  • Year: 2024
  • Tax Annual Amount: 7308

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2024 12/10/24 Sold $550,000 -20.9% --
09/14/2024 09/14/24 Pending -- -- --
07/24/2024 07/24/24 For Sale $695,000 -- --
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2260572

Northwest Multiple Listing Service (NWMLS)