Listed by ACRES Real Estate LLC, Bought with COMPASS
NOT LISTED FOR SALE

21831 30th Ave S Des Moines, WA 98198

Pacific Ridge Neighborhood

Estimated Value: $893,000 - $1,056,000

8 Beds
4 Baths
4,920 Sq Ft
$205/Sq Ft Est. Value

Last Sold October 19, 2023

Last sale price $1,000,000 $203 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $6,253/month

8 Days on Market

Highlights

  • Views of a Sound
  • Corner Lot
  • Patio
  • Deck
  • No HOA
  • Ceramic Tile Flooring

About This Home

As of October 2023

This fully occupied Des Moines 4-plex has easy access to I-5 and local employers - Seatac Airport, FAA, Alaska Airlines, etc. This property is stabilized with quality long-term tenants who consistently pay rent and is great for investors seeking consistent cash flow with low stress tenants and minimal expenses. The units were updated in the past 5-7 years and have desirable layouts with large living areas, a washer/dryer in unit, 1-1/2 baths, a kitchen w/ eating area, backyard patio access & balconies on the 2nd floor. Upstairs offers 2 bedrooms - 1 w/ a private balcony and full bath. There also exists potential for rent increases for the value-add-minded investor with limited investment into cosmetic improvements in & around the property.

Last Agent to Sell the Property

Josh Auxier

ACRES Real Estate LLC License #50366 Listed on: 08/31/2023

Last Buyer's Agent

Danan Powell

COMPASS License #20122375

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2145544

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,918

Year Built

  • Built in 1969

Lot Details

  • 7,980 Sq Ft Lot
  • Lot Dimensions are 114' x 70'
  • Property is Fully Fenced
  • Corner Lot
  • Property is in good condition

Property Views

  • Views of a Sound
  • Territorial
  • Limited

Home Design

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

Interior Spaces

  • 4,920 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Baseboard Heating
  • Heating System Mounted To A Wall or Window
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Gem Addition To Des Moines Condos
  • Des Moines Subdivision

Listing and Financial Details

  • Legal Lot and Block 13 & 14 & the S 20 ft of lot 12 / 11
  • Assessor Parcel Number 2724201315

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,918

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1969
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: GEM ADDITION TO DES MOINES
  • New Construction: No
  • CalculatedSquareFootage: 4920
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition, Flat, Torch Down
  • View: Partial, Sound, Territorial
  • Lot Features: Corner Lot, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: Puget Sound Energy
  • SewerCompany: Midway Sewer District
  • WaterCompany: Highline Water District

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: 2724201315
  • Lot Size Acres: 0.1832
  • Lot Size: 114' x 70'
  • Lot Size Sq Ft: 7980
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,High Speed Internet,Patio
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential
  • LotNumber: 13 & 14 & the S 20 ft of lot 12

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12.95
  • LeasedItems: None
  • TotalMonthlyIncome: 6435

Tax Info

  • Year: 2022
  • Tax Annual Amount: 10918

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 167
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Midway Intermed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2023
Closed on
Oct 17, 2023
Sold by
Schaedel William J and Stoyanov David Z
Bought by
Muppidi Karamchand
Seller's Agent
Josh Auxier
ACRES Real Estate LLC
Buyer's Agent
Danan Powell
COMPASS
List Price
$975,000
Sold Price
$1,000,000
Premium/Discount to List
$25,000
2.56%
Views
14
Current Estimated Value
$1,006,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,375
Avg. Annual Appreciation
0.30%
Original Mortgage
$738,750
Outstanding Balance
$724,223
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$282,152

Purchase Details

Listed on
Aug 31, 2023
Closed on
Oct 13, 2023
Sold by
Pillala Lavanya and Pillala Karamchand
Bought by
Muppidi Karamchand
Seller's Agent
Josh Auxier
ACRES Real Estate LLC
Buyer's Agent
Danan Powell
COMPASS
List Price
$975,000
Sold Price
$1,000,000
Premium/Discount to List
$25,000
2.56%
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$738,750
Outstanding Balance
$724,223
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$282,152

Purchase Details

Closed on
Jul 28, 2023
Sold by
Solarmax Llc
Bought by
Stoyanov David Z

Purchase Details

Closed on
Jul 2, 2019
Sold by
Stoyanov David Z and Schaedel William J
Bought by
Solarmax Llc

Purchase Details

Closed on
Jan 20, 2017
Sold by
Li Li
Bought by
Stoyanov David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,300
Interest Rate
4.13%

Purchase Details

Closed on
Jul 14, 2016
Sold by
Deutsche Bank National Trust Company
Bought by
Stoyanov David and Schaedel William

Purchase Details

Closed on
Mar 8, 2016
Sold by
Abukarroum Bassam
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
May 29, 2015
Sold by
Abukarroum Bassam
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Mar 24, 2006
Sold by
Abukarroum Jill
Bought by
Abukarroum Bassam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,960
Interest Rate
7.13%

Purchase Details

Closed on
Jan 28, 2005
Sold by
Waligora Maciej
Bought by
Buren Damon G and Buren Lisa P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,400
Interest Rate
3%

Purchase Details

Closed on
Dec 8, 2003
Sold by
Johnson Leif S and Johnson Nancy L
Bought by
Waligora Maciej

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
5.75%

Purchase Details

Closed on
Oct 27, 2003
Sold by
Greenpoint Mortgage Funding Inc
Bought by
Johnson Leif S and Johnson Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
5.75%

Purchase Details

Closed on
Sep 3, 2003
Sold by
Aurora Loan Services Inc
Bought by
Greenpoint Mortgage Funding Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,800
Interest Rate
5.75%

Purchase Details

Closed on
Dec 26, 2002
Sold by
Gilman Brock and Gilman Lori
Bought by
Aurora Loan Services Inc

Purchase Details

Closed on
Dec 26, 2001
Sold by
Gilman Brock and Gilman Lori
Bought by
Aurora Loan Services Inc

Purchase Details

Closed on
Nov 7, 2000
Sold by
Rouleau Renee Minette
Bought by
Gilman Brock and Gilman Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
7.88%

Purchase Details

Closed on
Jan 25, 1999
Sold by
Rouleau Renee Minette
Bought by
Rouleau Renee Minette and Renee Minette Rouleau Living Trust

Purchase Details

Closed on
Dec 18, 1997
Sold by
Strakeljahn Heinz and Strakeljahn Christa T
Bought by
Rouleau Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
7.23%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Muppidi Karamchand $985,000 First American Title Insurance
Muppidi Karamchand $313 First American Title Insurance
Stoyanov David Z $313 First American Title
Schaedel William J $2,112 First American Title
Solarmax Llc -- None Available
Stoyanov David -- Cw Title Co
Schaedel William J -- Cw Title Co
Stoyanov David $443,799 None Available
Deutsche Bank National Trust Company $369,020 None Available
Deutsche Bank National Trust Company $369,020 None Available
Abukarroum Bassam -- Chicago Title
Abukarroum Bassam $499,950 Chicago Title
Buren Damon G $488,000 Commonwealth L
Waligora Maciej $310,000 Commonwealth L
Johnson Leif S $211,000 Commonwealth L
Greenpoint Mortgage Funding Inc -- --
Aurora Loan Services Inc $268,563 --
Aurora Loan Services Inc $268,563 --
Gilman Brock $305,000 Old Republic Title Ltd
Rouleau Renee Minette -- Old Republic Title Ltd
Rouleau Renee Minette -- --
Rouleau Renee $255,000 Transnation Title Insurance
Rouleau Renee $255,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muppidi Karamchand $738,750
Previous Owner Schaedel William J $384,300
Previous Owner Abukarroum Bassam $399,960
Previous Owner Buren Damon G $390,400
Previous Owner Waligora Maciej $279,000
Previous Owner Johnson Leif S $168,800
Previous Owner Gilman Brock $244,000
Previous Owner Rouleau Renee $178,500
Closed Rouleau Renee $76,500
Closed Gilman Brock $30,500
Closed Buren Damon G $48,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2023 10/19/23 Sold $1,000,000 +2.6% $203 / Sq Ft
09/08/2023 09/08/23 Pending -- -- --
08/31/2023 08/31/23 For Sale $975,000 -- $198 / 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 $11,699 $1,013,000 $200,000 $813,000
2023 $11,970 $998,000 $180,000 $818,000
2022 $10,918 $984,000 $140,000 $844,000
2021 $10,305 $863,000 $120,000 $743,000
2020 $9,484 $771,000 $120,000 $651,000
2018 $7,074 $564,000 $111,700 $452,300
2017 $6,602 $483,000 $95,700 $387,300
2016 $6,389 $455,000 $63,800 $391,200
2015 $5,873 $449,000 $55,800 $393,200
2014 -- $407,000 $55,800 $351,200
2013 -- $401,000 $55,800 $345,200
Source: Public Records

Agents Affiliated with this Home

  • Josh Auxier

    Seller's Agent in 2023

    Josh Auxier

    ACRES Real Estate LLC

    (206) 551-1786

    1 in this area

    10 Total Sales

    Josh Auxier
    Section Image
  • Danan Powell

    Buyer's Agent in 2023

    Danan Powell

    COMPASS

    (206) 419-3803

    1 in this area

    40 Total Sales

    Danan Powell
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2145544

Northwest Multiple Listing Service (NWMLS)

APN: 272420-1315

Washington King County Des Moines 98198 Pacific Ridge

21831 30th Ave S, Des Moines, WA

Not Listed for Sale

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Based on information submitted to the MLS GRID

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