Seller's Agent in 2021
Spencer Gray
John L Scott
(253) 222-6048
1 in this area
148 Total Sales
22406 8th Ave S Des Moines, WA 98198
Central Des Moines NeighborhoodEstimated Value: $635,510 - $732,000
4
Beds
2
Baths
1,660
Sq Ft
$409/Sq Ft
Est. Value
Highlights
- Views of a Sound
- Ceramic Tile Flooring
- 1-Story Property
- Thermal Windows
- Wood Siding
About This Home
As of November 2021Welcome to your remodeled duplex! Units have been remodeled with shaker cabinets, granite counters, luxury vinyl flooring, tile shower & bath floor, newer appliances and in unit stackable laundry. This Duplex features new exterior paint and a new roof in 2021! Each units is 830 Sq. Ft., 2 Bedrooms, 1 Bath, plus 1 covered parking space. Rent is $1,650 each side with long term tenants and one year leases that expire 8/31/22, cap rate is 5% currently w/ upside in the future. The location of this property is amazing, one minute from the Des Moines waterfront, zip down to Pike Place to grab farm fresh ingredients for dinner or even PCC which is minutes away. Easy access into Seattle for work or shop till you drop! 22408 has been there 20 years!
Last Agent to Sell the Property
John L. Scott R.E. Lake Tapps License #26505 Listed on: 10/22/2021
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1834561
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,375
Year Built
- Built in 1962 | Remodeled
Lot Details
- 5,850 Sq Ft Lot
Property Views
- Views of a Sound
- Limited Views
Home Design
- Duplex
- Brick Exterior Construction
- Poured Concrete
- Composition Roof
- Wood Siding
- Wood Composite
Interior Spaces
- 1,660 Sq Ft Home
- 1-Story Property
- Thermal Windows
Flooring
- Laminate
- Ceramic Tile
- Vinyl
Parking
- 4 Parking Spaces
- Open Parking
Community Details
- Downtown Des Moines Subdivision
Listing and Financial Details
- Assessor Parcel Number 2011400805
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 22, 2021
Closed on
Nov 23, 2021
Sold by
Brown James A and Brown Cynthia S
Bought by
Hinch Megan A and Hinch Stephen
Seller's Agent
Spencer Gray
John L. Scott R.E. Lake Tapps
Buyer's Agent
Chanel Peters
John L. Scott, Inc
List Price
$619,999
Sold Price
$627,000
Premium/Discount to List
$7,001
1.13%
Total Days on Market
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,378
Avg. Annual Appreciation
3.21%
Original Mortgage
$352,000
Outstanding Balance
$330,760
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$369,959
Purchase Details
Closed on
Feb 4, 2003
Sold by
Brown James A
Bought by
Brown James A and Brown Cynthia S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
5.24%
Purchase Details
Closed on
Dec 2, 1999
Sold by
Brown Cynthia S
Bought by
Brown James A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
7.53%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Jun 9, 1995
Sold by
Pelke William J
Bought by
S S I Properties Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,346
Interest Rate
8.37%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hinch Megan A | $627,000 | Ticor Title | |
| Brown James A | -- | Fidelity Natio | |
| Brown James A | -- | Transnation Title Insurance | |
| S S I Properties Inc | $175,846 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hinch Megan A | $352,000 | |
| Previous Owner | Brown James A | $190,400 | |
| Previous Owner | Brown James A | $112,500 | |
| Previous Owner | Brown James A | $43,000 | |
| Previous Owner | S S I Properties Inc | $91,346 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/29/2021 11/29/21 | Sold | $627,000 | +1.1% | $378 / Sq Ft |
| 10/28/2021 10/28/21 | Pending | -- | -- | -- |
| 10/22/2021 10/22/21 | For Sale | $619,999 | -- | $373 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $7,925 | $684,000 | $219,000 | $465,000 |
| 2023 | $7,544 | $614,000 | $198,000 | $416,000 |
| 2022 | $6,892 | $667,000 | $190,000 | $477,000 |
| 2021 | $6,375 | $534,000 | $156,000 | $378,000 |
| 2020 | $6,078 | $467,000 | $136,000 | $331,000 |
| 2018 | $5,717 | $428,000 | $158,000 | $270,000 |
| 2017 | $4,698 | $386,000 | $151,000 | $235,000 |
| 2016 | $4,218 | $318,000 | $138,000 | $180,000 |
| 2015 | $3,972 | $290,000 | $128,000 | $162,000 |
| 2014 | -- | $270,000 | $121,000 | $149,000 |
| 2013 | -- | $210,000 | $110,000 | $100,000 |
Source: Public Records
Agents Affiliated with this Home
-
Spencer Gray
-
Chanel Peters
C
Buyer's Agent in 2021
Chanel Peters
John L Scott
(206) 369-5090
1 in this area
5 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1834561
APN: 201140-0805
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.
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