Listed by Land Advisors Organization WA, Bought with RE/MAX Integrity
NOT LISTED FOR SALE

225 1st Ave NE Issaquah, WA 98027

Olde Town Neighborhood

Estimated Value: $1,862,000 - $2,023,860

0.3 Acre
$6,556,550 Price per Acre
13,068 Sq Ft Lot

Last Sold February 18, 2015

Last sale price $546,000 $455 Per Sq Ft

Est. 244% increase in value since last sale

Current estimated payment $11,495/month

111 Days on Market

Highlights

  • Mountain View
  • Level Lot
  • 1-minute walk to Depot Park
  • Clark Elementary School Rated A

About This Lot

As of February 2015

Great redevelopment potential in downtown Issaquah. This flat 12,856 SF lot is zoned SF-D which allows for duplex homes a minimum 3,000 SF lot. Potential for 4 total units. Walkable to Front St and Gillman Village. Located minutes to I-90 and transit. Property currently has an existing house on the property which provides rental income. All utilities available.

Last Agent to Sell the Property

Wes Falkenborg

Land Advisors Organization WA License #90823 Listed on: 09/23/2014

Last Buyer's Agent

Cindy Hamman

RE/MAX Integrity License #18106

RE/MAX Integrity

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM698530

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,631

Lot Details

  • Level Lot

Property Views

  • Mountain
  • Territorial

Community Details

  • Downtown Issaquah Community

Listing and Financial Details

  • Assessor Parcel Number 5528600050

Property Details

Property Type

Land

Est. Annual Taxes

$14,631

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Style: 41 - Res-Over 1 Acre
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: County Right of Way, Paved
  • View: Mountain, Territorial

Utilities

  • Electricity: On Property
  • Gas Available: Available
  • Sewer: Available
  • Water: Available

Condo/Co-op/Association

  • Community Name: Downtown Issaquah

Schools

  • School District: ISS

Lot Info

  • Lot Number: 1 & 2
  • General Zoning Classification: Residential
  • Lot Details: Paved Street
  • Lot Sq Ft: 12856
  • Parcel Number: 5528600050
  • Topography: Level
  • Zoning Jurisdiction: City
  • Zoning Remarks: SF-D

Tax Info

  • Tax Amount: 4022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2014
Closed on
Feb 11, 2015
Sold by
Baldwin Terry E
Bought by
Pauly Karl and Pauly Marylou
Seller's Agent
Wes Falkenborg
Land Advisors Organization WA
Buyer's Agent
Cindy Hamman
RE/MAX Integrity
List Price
$575,000
Sold Price
$546,000
Premium/Discount to List
-$29,000
-5.04%
Current Estimated Value
$1,876,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,330,894
Avg. Annual Appreciation
12.05%

Purchase Details

Closed on
Sep 29, 2000
Sold by
Jarvies John and Jarvies Julie A Watkins
Bought by
Baldwin Terry E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.96%

Purchase Details

Closed on
May 1, 1996
Sold by
Jarvies John
Bought by
Jarvies John and Jarvies Julie A Watkins

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.82%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Pauly Karl $546,000 Chicago Title
Baldwin Terry E $225,000 Pacific Nw Title
Baldwin Terry E -- Pacific Nw Title
Jarvies John -- Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marylou Pauly $800,000
Previous Owner Baldwin Terry E $266,250
Previous Owner Baldwin Terry E $180,000
Previous Owner Jarvies John $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2015 02/18/15 Sold $546,000 -5.0% $455 / Sq Ft
01/12/2015 01/12/15 Pending -- -- --
09/23/2014 09/23/14 For Sale $575,000 -- $479 / 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 $14,631 $1,775,000 $576,000 $1,199,000
2023 $14,103 $1,513,000 $493,000 $1,020,000
2022 $11,895 $1,858,000 $608,000 $1,250,000
2021 $10,728 $1,285,000 $565,000 $720,000
2020 $10,788 $1,077,000 $483,000 $594,000
2018 $11,167 $1,150,000 $496,000 $654,000
2017 $4,411 $1,084,000 $477,000 $607,000
2016 $4,522 $444,000 $442,000 $2,000
2015 $4,177 $447,000 $312,000 $135,000
2014 -- $406,000 $283,000 $123,000
2013 -- $353,000 $258,000 $95,000
Source: Public Records

Agents Affiliated with this Home

  • Wes Falkenborg

    Seller's Agent in 2015

    Wes Falkenborg

    Land Advisors Organization WA

    (425) 462-8100

    9 Total Sales

    Section Image
  • Cindy Hamman

    Buyer's Agent in 2015

    Cindy Hamman

    RE/MAX Integrity

    (425) 442-4942

    4 in this area

    70 Total Sales

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM698530

Northwest Multiple Listing Service (NWMLS)

APN: 552860-0050

Washington King County Issaquah 98027 Olde Town

225 1st Ave NE, Issaquah, WA

This home is located at 225 1st Ave NE, Issaquah, WA 98027 since 23 September 2014 and is currently estimated at $1,966,965, approximately $1,639 per square foot. 225 1st Ave NE is a home located in King County with nearby schools including Clark Elementary School, Issaquah Middle School, and Issaquah High School.

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.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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