Listed by COMPASS
$284,999

Estimated payment $1,775/month

Total Views 4,863
0.2 Acre
$1,451,854 Price per Acre
8,550 Sq Ft Lot

About This Lot

Build your vision with this versatile property offering clear views of the Sound. Explore the potential to create up to 5 residential townhomes with commercial space or take full advantage of the PRC zoning to construct 55-100 units. The lot is cleared, and all utilities are in place, including water, sewer, electricity, and storm drainage. Buyers are encouraged to verify all details and plans with the City of Des Moines. Don't miss this prime opportunity!

Listing Agent

Mark Popach

COMPASS License #21026441 Listed on: 04/30/2025

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2366850

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,410

Lot Details

  • 8,550 Sq Ft Lot
  • Zoning described as Business,Commercial,Multi-Family,Residential

Schools

  • Midway Intermed Elementary School
  • Pacific Mid Middle School
  • Mount Rainier High School

Community Details

  • No Home Owners Association
  • Des Moines Subdivision

Listing and Financial Details

  • Legal Lot and Block 5-6-7 / 13
  • Assessor Parcel Number 2724201570

Property Details

Property Type

Land

Est. Annual Taxes

$2,410

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 40 - Res-Less thn 1 Ac
  • MLS Status: Active
  • Prev Status: Active
  • CalculatedSquareFootage: 0
  • Special Features: None
  • Cumulative Days on Market: 168

Interior Features

  • Possible Use: Business, Commercial, Multi-Family, Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Lot Features: Curbs, Paved, Sidewalk
  • Road Surface Type: Paved
  • View: No
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: Paved

Garage/Parking

  • Carport Y N: No

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Highline
  • High School: Mount Rainier High
  • Middle Or Junior School: Pacific Mid

Lot Info

  • Parcel Number: 2724201570
  • Lot Size Acres: 0.1963
  • Lot Size Sq Ft: 8550
  • Zoning Description: Business,Commercial,Multi-Family,Residential
  • Zoning: PRC
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: County Records
  • ZoningJurisdiction: City
  • LotNumber: 5-6-7

Tax Info

  • Year: 2024
  • Tax Annual Amount: 2409.85

MLS Schools

  • Elementary School: Midway Intermed

Map

Range of Values:

Collateral Analytics

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ICE

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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

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 $2,458 $178,000 $178,000 --
2023 $2,410 $161,000 $161,000 $0
2022 $2,026 $155,000 $155,000 $0
2021 $1,880 $127,000 $127,000 $0
2020 $2,625 $111,000 $111,000 $0
2018 $3,449 $241,000 $93,000 $148,000
2017 $2,868 $218,000 $89,000 $129,000
2016 $2,584 $180,000 $81,000 $99,000
2015 $2,421 $164,000 $75,000 $89,000
2014 -- $153,000 $71,000 $82,000
2013 -- $119,000 $65,000 $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2025 04/30/25 For Sale $284,999 +28.4% --
02/28/2020 02/28/20 Sold $222,000 +8.2% $137 / Sq Ft
01/25/2020 01/25/20 Pending -- -- --
01/23/2020 01/23/20 For Sale $205,200 +66.3% $127 / Sq Ft
02/28/2017 02/28/17 Sold $123,375 -14.9% $76 / Sq Ft
02/17/2017 02/17/17 Pending -- -- --
12/29/2016 12/29/16 For Sale $144,900 -- $89 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $222,000 First American Title
Warranty Deed -- Servicelink
Warranty Deed $123,375 Servicelink
Warranty Deed $182,143 1St Am
Warranty Deed $177,834 None Available
Warranty Deed $177,834 None Available
Warranty Deed -- Accommodation
Warranty Deed -- None Available
Warranty Deed $77,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $113,220 Commercial
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2366850

Northwest Multiple Listing Service (NWMLS)

APN: 272420-1570