Listed by Performance Properties LLC, Bought with Matrix Real Estate, LLC
NOT LISTED FOR SALE

23120 88th Ave W Edmonds, WA 98026

Ridge Acres Neighborhood

Estimated Value: $1,302,477

1.36 Acres
$957,704 Price per Acre
59,242 Sq Ft Lot

Last Sold January 10, 2019

Last sale price $1,800,000

Est. 28% decrease in value since last sale

Current estimated payment $8,433/month

8 Days on Market

About This Lot

As of January 2019

The house is a tear down. Value is in the land. On an acre plus zoning indicates 7 lots, however, buyer is to verify all info to their satisfaction. The property is NOT in the city if Edmonds. This is in Esperance which falls under the jurisdiction of Snohomish Co. There is one tax parcel but there are 2 pieces. One is on the corner of 231st Pl SW and 89th Ave. W. The other parcel with the house is located between 89th Ave. W. and 88th Ave. W. This could be confusing, call agent for help.

Last Agent to Sell the Property

Thomas Sullivan

Performance Properties LLC License #8448 Listed on: 10/02/2018

Last Buyer's Agent

Justin Holland

Matrix Real Estate, LLC License #109013

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1369684

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,225

Lot Details

Additional Features

  • Level Lot
  • Sewer in Street

Community Details

  • Esperance Community

Listing and Financial Details

  • Assessor Parcel Number 00555300401102

Property Details

Property Type

Land

Est. Annual Taxes

$15,225

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Comm. Grade Timber, Evergreens, Heavily Forested
  • Style: 41 - Res-Over 1 Acre
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: County Maintained, Paved
  • Road On Which Sideof Property: West and East
  • Water Jurisdiction: Olympic View Water and Sewer

Utilities

  • Electricity: On Property
  • Gas Available: In Street
  • Sewer: Available, In Street
  • Water: In Street, On Property

Condo/Co-op/Association

  • Community Name: Esperance

Schools

  • School District: ED

Lot Info

  • General Zoning Classification: Residential
  • Improvements: Dwelling, Fenced-Fully
  • Lot Details: Paved Street
  • Lot Sq Ft: 59241
  • Parcel Number: 00555300401102
  • Topography: Level
  • Zoning Jurisdiction: County
  • Zoning Remarks: R8400

Tax Info

  • Tax Amount: 11636

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2022
Sold by
Rmh Llc
Bought by
Wang Hao and Tu Mengmei
Current Estimated Value
$1,302,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$986,912
Outstanding Balance
$918,751
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2021
Sold by
Rmh Llc
Bought by
Snohomish County

Purchase Details

Closed on
Nov 13, 2019
Sold by
Prospect Development Llc
Bought by
Rmh Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,902,000
Interest Rate
3.65%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 2, 2018
Closed on
Jan 2, 2019
Sold by
Jansen Tricia Gail and Jansen Patricia Gail
Bought by
Prospect Development Llc
Seller's Agent
Thomas Sullivan
Performance Properties LLC
Buyer's Agent
Justin Holland
Matrix Real Estate, LLC
List Price
$1,200,000
Sold Price
$1,800,000
Premium/Discount to List
$600,000
50%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,425,000
Interest Rate
4.8%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 27, 2018
Sold by
Jansen Tricia Gail
Bought by
Jansen Tricia Gail
Source: Public Records

Range of Values:

Collateral Analytics

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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
Wang Hao $1,233,640 Chicago Title
Snohomish County -- None Available
Snohomish County -- None Available
Rmh Llc $1,989,000 Chicago Title Company Of Wa
Prospect Development Llc $1,800,000 Chicago Title
Jansen Tricia Gail -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Hao $986,912
Previous Owner Rmh Llc $6,902,000
Previous Owner Prospect Development Llc $1,425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2019 01/10/19 Sold $1,800,000 +50.0% --
10/10/2018 10/10/18 Pending -- -- --
10/02/2018 10/02/18 For Sale $1,200,000 -- --
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
2022 $15,225 $1,619,000 $1,619,000 --
2020 $12,026 $1,474,900 $1,473,000 $1,900
2019 $10,847 $989,900 $962,600 $27,300
2018 $11,636 $936,500 $914,400 $22,100
2017 $7,724 $864,900 $845,400 $19,500
2016 $7,724 $645,000 $620,600 $24,400
2015 $6,954 $551,100 $522,400 $28,700
2013 $5,295 $397,200 $365,800 $31,400
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    Thomas Sullivan

    Performance Properties LLC

    (206) 396-5868

    2 Total Sales

    Section Image

  • J

    Buyer's Agent in 2019

    Justin Holland

    Matrix Real Estate, LLC

    (206) 276-7526

    13 Total Sales

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1369684

Northwest Multiple Listing Service (NWMLS)

APN: 005553-004-011-02

Washington Snohomish County Edmonds 98026 Ridge Acres

23120 88th Ave W, Edmonds, WA

This home is located at 23120 88th Ave W, Edmonds, WA 98026 since 02 October 2018 and is currently priced at $1,302,477. 23120 88th Ave W is a home located in Snohomish County with nearby schools including Sherwood Elementary School, College Place Middle School, and Edmonds Woodway 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.

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Based on information submitted to the MLS GRID

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