NOT LISTED FOR SALE

21934 29th Ave S Unit A & B Des Moines, WA 98198

Pacific Ridge Neighborhood

Estimated Value: $463,000 - $617,000

2 Beds
2 Baths
1,250 Sq Ft
$422/Sq Ft Est. Value

Last Sold June 24, 2021

Last sale price $489,000 $391 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,395/month

8 Days on Market

Highlights

  • RV Access or Parking
  • Secluded Lot
  • 1-Story Property
  • Mountain View
  • Wood Siding

About This Home

As of June 2021

Investment Opportunity - One level Duplex on spacious lot, 4 bedrooms/ 2 baths, Each unit has 2 bedrooms/ 1 bath with washer/dryer. Duplex completely remodeled, new stainless steel appliances including new exterior paint and One year Roof. RV parking, big front yard, lots of parking space. Corner Lot. Close to airport, future light rail station, local amenities and I-5. Potential to build out and/or up. Great Investment

Last Agent to Sell the Property

Heriberto Garcia

Skyline Properties, Inc. License #111365 Listed on: 05/17/2021

Skyline Properties, Inc.

Last Buyer's Agent

Rachel Yang

MY REALTY GROUP LLC License #132030

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1775601

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,093

Year Built

  • Built in 1962

Lot Details

  • 7,507 Sq Ft Lot
  • Secluded Lot
  • Corner Lot
  • Value in Land

Property Views

  • Mountain
  • Limited

Home Design

  • Duplex
  • Block Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,250 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Parking

  • 8 Parking Spaces
  • Open Parking
  • RV Access or Parking

Community Details

  • Des Moines Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2724201201
  • Tax Block 10

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,093

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1962
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1250
  • Special Features: None
  • Cumulative Days on Market: 290

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Laminate
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Partial
  • Lot Features: Corner Lot, Paved, Secluded, Value In Land
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Block
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Natural Gas Available, Sewer Connected, Electric, Wood
  • PowerCompany: PSE
  • SewerCompany: Midway
  • WaterCompany: Midway
  • WaterSewerGarbage: 2670

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Highline

Lot Info

  • Parcel Number: 2724201201
  • Lot Size Acres: 0.1723
  • Lot Size Sq Ft: 7507
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Gas Available,RV Parking
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 3000

Multi Family

  • Gross Scheduled Income: 36000
  • Net Operating Income: 31950
  • Number Of Units Total: 2
  • Insurance Expense: 1380
  • Leasable Area: 1250
  • EnergySource: Electric,Wood
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 4093

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2021
Closed on
Jun 15, 2021
Sold by
Garcia Heriberto and Garcia Ramon
Bought by
Yang Xu
Seller's Agent
Heriberto Garcia
Skyline Properties, Inc.
Buyer's Agent
Rachel Yang
MY REALTY GROUP LLC
List Price
$489,000
Sold Price
$489,000
Total Days on Market
8
Current Estimated Value
$527,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,457
Avg. Annual Appreciation
1.92%
Original Mortgage
$366,750
Outstanding Balance
$335,641
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$191,816

Purchase Details

Closed on
Jul 21, 2014
Sold by
Garcia Ramon
Bought by
Garcia Ramon and Garcia Heriberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 12, 2011
Closed on
Dec 4, 2012
Sold by
Ike Chukwu D
Bought by
Garcia Ramon
List Price
$112,000
Sold Price
$112,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.16%
Original Mortgage
$109,971
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 23, 2004
Sold by
Russell Patricia J
Bought by
Ike Chukwu D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,600
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 22, 2004
Sold by
Kirk Vanzell and Kirk Julie A
Bought by
Ike Chukwu D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,600
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 1999
Sold by
Codd Mel R
Bought by
Kirk Vanzell and Kirk Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,150
Interest Rate
7.82%

Purchase Details

Closed on
Jan 25, 1995
Sold by
Codd Karen Carpenter
Bought by
Codd Mel R
Source: Public Records

Range of Values:

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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
Yang Xu $489,000 Ticor Title
Garcia Ramon -- Nextitle
Garcia Ramon $112,000 Ticor Title
Ike Chukwu D -- Stewart Title
Ike Chukwu D $227,000 Stewart Title
Kirk Vanzell $137,950 Commonwealth Land Title Ins
Codd Mel R -- Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yang Xu $366,750
Previous Owner Garcia Ramon $20,000
Previous Owner Garcia Ramon $150,000
Previous Owner Garcia Ramon $109,971
Previous Owner Ike Chukwu D $208,000
Previous Owner Ike Chukwu D $52,000
Previous Owner Ike Chukwu D $181,600
Previous Owner Kirk Vanzell $152,000
Previous Owner Kirk Vanzell $124,150
Closed Ike Chukwu D $45,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2021 06/24/21 Sold $489,000 0.0% $391 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
05/17/2021 05/17/21 For Sale $489,000 +336.6% $391 / Sq Ft
12/05/2012 12/05/12 Sold $112,000 0.0% $83 / Sq Ft
12/27/2011 12/27/11 Pending -- -- --
12/13/2011 12/13/11 For Sale $112,000 -- $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 $5,380 $457,000 $158,000 $299,000
2023 $5,071 $410,000 $143,000 $267,000
2022 $4,630 $445,000 $138,000 $307,000
2021 $4,292 $356,000 $113,000 $243,000
2020 $4,093 $312,000 $99,000 $213,000
2018 $3,565 $264,000 $86,000 $178,000
2017 $2,934 $238,000 $82,000 $156,000
2016 $2,640 $196,000 $75,000 $121,000
2015 $2,488 $179,000 $70,000 $109,000
2014 -- $167,000 $66,000 $101,000
2013 -- $130,000 $60,000 $70,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1775601

Northwest Multiple Listing Service (NWMLS)

APN: 272420-1201