NOT LISTED FOR SALE

22429 16th Ave S Des Moines, WA 98198

Central Des Moines Neighborhood

Estimated Value: $580,000 - $698,000

5 Beds
3 Baths
1,790 Sq Ft
$362/Sq Ft Est. Value

About This Home

This home is located at 22429 16th Ave S, Des Moines, WA 98198 and is currently estimated at $648,853, approximately $362 per square foot. 22429 16th Ave S is a home located in King County with nearby schools including Des Moines Elementary School, Pacific Middle School, and Mount Rainier High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2018
Sold by
2018 2 Ih Borrower Lp
Bought by
2018 2 Ih Borrower Lp
Current Estimated Value
$648,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,722,500
Outstanding Balance
$91,030,573
Interest Rate
4.4%
Mortgage Type
Loan Amount Between One & Nine Billion
Estimated Equity
-$90,381,720

Purchase Details

Closed on
Jan 15, 2015
Sold by
Ih2 Property Washington Lp
Bought by
2015-1 Ih2 Borrower Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,854
Interest Rate
3.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 2013
Sold by
Ilumin Rudy M and Ilumin Juliana C
Bought by
Ih2 Property Washington Lp

Purchase Details

Closed on
Aug 8, 2000
Sold by
Colcol Saturnino P and Colcol Cecilia L
Bought by
Ilumin Rudy M and Ilumin Juliana C

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
8.15%

Purchase Details

Closed on
Apr 14, 1994
Sold by
Litowitz David J and Litowitz Becky M
Bought by
Ilumin Juliana C and Colcol Saturnino P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,900
Interest Rate
7.67%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

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First American

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Quantarium

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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
2018 2 Ih Borrower Lp -- Os National Llc
2015-1 Ih2 Borrower Lp -- Fidelity National Title Grou
Ih2 Property Washington Lp $192,500 Fidelity Natio
Ilumin Rudy M -- Commonwealth Land Title
Ilumin Rudy M -- Commonwealth Land Title
Ilumin Rudy M -- Commonwealth Land Title
Ilumin Juliana C $155,900 Chicago Title Insurance Co
Ilumin Juliana C -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2018 2 Ih Borrower Lp $105,722,500
Previous Owner 2015-1 Ih2 Borrower Lp $540,854
Previous Owner Ilumin Rudy M $150,000
Previous Owner Ilumin Juliana C $116,900
Closed Ilumin Juliana C $20,000
Source: Public Records

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 $6,726 $577,000 $194,000 $383,000
2023 $6,320 $518,000 $175,000 $343,000
2022 $5,785 $562,000 $168,000 $394,000
2021 $5,356 $450,000 $138,000 $312,000
2020 $5,109 $394,000 $120,000 $274,000
2018 $4,865 $366,000 $103,000 $263,000
2017 $3,998 $330,000 $99,000 $231,000
2016 $3,588 $272,000 $90,000 $182,000
2015 $3,381 $248,000 $84,000 $164,000
2014 -- $231,000 $80,000 $151,000
2013 -- $180,000 $73,000 $107,000
Source: Public Records

Map

Washington King County Des Moines 98198 Central Des Moines

22429 16th Ave S, Des Moines, WA

Not Listed for Sale

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