Listed by John L. Scott, Inc
NOT LISTED FOR SALE

21828 29th Ave S Unit 1,2,3 Des Moines, WA 98198

Pacific Ridge Neighborhood

Estimated Value: $700,263 - $888,000

6 Beds
3 Baths
3,610 Sq Ft
$221/Sq Ft Est. Value

Last Sold September 13, 2013

Last sale price $295,000 $82 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $5,139/month

37 Days on Market

Highlights

  • Territorial View
  • Property is in very good condition
  • Wood Siding
  • Patio
  • Partially Fenced Property
  • Wall to Wall Carpet

About This Home

As of September 2013

Priced to sell!!! Great investment opportunity! Solid triplex with large townhouse style units. Each unit includes two large bedrooms and 1 1/2 baths, large living room, kitchen with eating space and plenty of closet space, slider to patio off each unit. Off street parking for 6 vehicles. Coin operated laundry for additional income, some rents could be increased. Newer roof, insulation package with double pane windows. Live in one unit & rent the others for amazing possibilities.

Last Agent to Sell the Property

Paul Mackay

John L. Scott, Inc License #26950 Listed on: 07/10/2013

John L. Scott, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 514306

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,932

Year Built

  • Built in 1969

Lot Details

  • 5,985 Sq Ft Lot
  • Partially Fenced Property
  • Property is in very good condition

Home Design

  • Triplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 3,610 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • Gem Addition Condos
  • Des Moines Subdivision

Listing and Financial Details

  • Legal Lot and Block 17, 18, 19 / 11
  • Assessor Parcel Number 2724201330

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,932

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1969
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Gem Addition
  • New Construction: No
  • CalculatedSquareFootage: 3610
  • SOCComments: Not a short sale or REO
  • Special Features: None
  • Cumulative Days on Market: 354

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Flat, Torch Down
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: Midway
  • WaterCompany: Highline
  • WaterSewerGarbage: 2370

Schools

  • Junior High Dist: Highline

Lot Info

  • Parcel Number: 2724201330
  • Lot Size Acres: 0.1374
  • Lot Size Sq Ft: 5985
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Patio
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family
  • LotNumber: 17, 18, 19

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 874
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 2860

Multi Family

  • Gross Scheduled Income: 34322
  • Net Operating Income: 24564
  • Number Of Units Total: 3
  • Electric Expense: 720
  • Insurance Expense: 1020
  • Leasable Area: 3610
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2012
  • Tax Annual Amount: 3932

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2013
Closed on
Sep 11, 2013
Sold by
Hasson Investments Llc
Bought by
Huang Gendong and Zhuang Liqin
Seller's Agent
Paul Mackay
John L. Scott, Inc
List Price
$299,950
Sold Price
$295,000
Premium/Discount to List
-$4,950
-1.65%
Current Estimated Value
$797,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$502,316
Avg. Annual Appreciation
9.42%

Purchase Details

Closed on
Sep 30, 2005
Sold by
Hasson Nathan J and Hasson Raniel E
Bought by
Hasson Investments Llc

Purchase Details

Closed on
Feb 3, 2005
Sold by
Hasson Investments Llc
Bought by
Hasson Nathan J and Hasson Raniel E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.73%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 22, 2003
Sold by
Hasson Nathan J and Hasson Raniel E
Bought by
Hasson Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 2003
Sold by
Hasson Investments Llc
Bought by
Hasson Nathan J and Hasson Raniel E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 2002
Sold by
Hasson Investments Llc
Bought by
Hasson Nathan J and Hasson Raniel E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.43%

Purchase Details

Closed on
Aug 31, 2001
Sold by
Hasson Nathan J and Hasson Raniel E
Bought by
Hasson Investments Llc

Purchase Details

Closed on
Jul 23, 1999
Sold by
Hernandez Paul and Hernandez Anita L
Bought by
Hasson Nathan J and Hasson Raniel E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
7.64%
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
Huang Gendong $295,000 Stewart Title
Hasson Investments Llc -- --
Hasson Nathan J -- --
Hasson Investments Llc -- --
Hasson Nathan J -- Old Republic Title Ltd
Hasson Investments Llc -- Old Republic Title
Hasson Investments Llc -- --
Hasson Nathan J $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hasson Nathan J $100,000
Previous Owner Hasson Nathan J $211,000
Previous Owner Hasson Nathan J $208,000
Previous Owner Hasson Nathan J $162,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2013 09/13/13 Sold $295,000 -1.7% $82 / Sq Ft
08/17/2013 08/17/13 Pending -- -- --
07/10/2013 07/10/13 For Sale $299,950 -- $83 / 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 $8,829 $740,000 $158,000 $582,000
2023 $8,273 $664,000 $143,000 $521,000
2022 $7,555 $721,000 $138,000 $583,000
2021 $6,994 $577,000 $113,000 $464,000
2020 $6,676 $505,000 $99,000 $406,000
2018 $6,106 $450,000 $86,000 $364,000
2017 $5,023 $406,000 $82,000 $324,000
2016 $4,520 $334,000 $75,000 $259,000
2015 $4,249 $305,000 $70,000 $235,000
2014 -- $284,000 $66,000 $218,000
2013 -- $221,000 $60,000 $161,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 514306

Northwest Multiple Listing Service (NWMLS)

APN: 272420-1330