Listed by The Foundation Group LLC, Bought with Windermere R E Mount Baker
NOT LISTED FOR SALE

22415 30th Ave S Des Moines, WA 98198

Pacific Ridge Neighborhood
10 Beds
6 Baths
8,100 Sq Ft
0.38 Acres

Last Sold July 12, 2019

Last sale price $2,190,000 $270 Per Sq Ft

287 Days on Market

About This Home

As of July 2019

The Villette Apartments is the best turnkey deal on the market at a steady 5.8% cap rate. Two units just resigned leases with a rent increase. Property is 100% occupied and last appraisal came in significantly higher than list price.

Completely renovated 12-unit building - includes new flooring, cabinetry, carpet, windows, roof, laundry room, all new appliances, electrical panels, and parking lot.

Last Agent to Sell the Property

Ethan Szmania

The Foundation Group LLC License #125178 Listed on: 07/25/2018

Co-Listed By

Aaron Locke

The Foundation Group LLC License #107646

Last Buyer's Agent

Sabranie Coyne

Windermere R E Mount Baker License #107423

Windermere R E Mount Baker

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1334850

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,754

Year Built

  • Built in 1961 | Remodeled

Lot Details

  • 0.38 Acre Lot
  • Partially Fenced Property

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 8,100 Sq Ft Home
  • 3-Story Property
  • Laminate Flooring

Parking

  • 12 Parking Spaces
  • Open Parking

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • Des Moines Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2500600135

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,754

Year Built

Built in 1961 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1961
  • Buyer Agency Compensation: 2.00%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 8100
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Laminate Hardwood
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Flat
  • View: No
  • Waterfront: No
  • Exterior Features: Brick
  • Foundation Details: Block
  • Property Condition: Remodeled
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 12

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: Puget Sound Energy
  • SewerCompany: Midway Sewer
  • WaterCompany: Highline Water District

Schools

  • Junior High Dist: Highline

Lot Info

  • Parcel Number: 2500600135
  • Lot Size Acres: 0.3788
  • Lot Size Sq Ft: 16500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Patio
  • MLSLotSizeSource: King County Parcel Data
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 16190

Tax Info

  • Year: 2019
  • Tax Annual Amount: 11754

Multi Family

  • Number Of Units Total: 12
  • UnitsBelowGrade: true

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2019 07/12/19 Sold $2,190,000 -2.0% $270 / Sq Ft
05/08/2019 05/08/19 Pending -- -- --
03/05/2019 03/05/19 Price Changed $2,235,000 0.0% $276 / Sq Ft
03/05/2019 03/05/19 For Sale $2,235,000 +2.1% $276 / Sq Ft
03/02/2019 03/02/19 Off Market $2,190,000 -- --
01/03/2019 01/03/19 For Sale $2,245,000 +2.5% $277 / Sq Ft
01/03/2019 01/03/19 Off Market $2,190,000 -- --
01/02/2019 01/02/19 For Sale $2,245,000 0.0% $277 / Sq Ft
10/22/2018 10/22/18 Pending -- -- --
09/27/2018 09/27/18 For Sale $2,245,000 0.0% $277 / Sq Ft
08/16/2018 08/16/18 Pending -- -- --
08/13/2018 08/13/18 Price Changed $2,245,000 -2.2% $277 / Sq Ft
07/25/2018 07/25/18 For Sale $2,295,000 -- $283 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Ethan Szmania

    Seller's Agent in 2019

    Ethan Szmania

    The Foundation Group LLC

    (206) 774-5419

    31 Total Sales

    Ethan Szmania
    Section Image
  • Aaron Locke

    Seller Co-Listing Agent in 2019

    Aaron Locke

    The Foundation Group LLC

    (206) 774-5436

    20 Total Sales

    Aaron Locke
    Section Image
  • Sabranie Coyne

    Buyer's Agent in 2019

    Sabranie Coyne

    Windermere Corporate

    (206) 618-1280

    44 Total Sales

    Sabranie Coyne
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1334850

Northwest Multiple Listing Service (NWMLS)
Washington King County Des Moines 98198 Pacific Ridge

22415 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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