NOT LISTED FOR SALE

Estimated Value: $1,506,827

0.51 Acre
$2,954,563 Price per Acre
22,216 Sq Ft Lot

Last Sold September 22, 2022

Last sale price $1,425,000

Est. 6% increase in value since last sale

Current estimated payment $9,193/month

81 Days on Market

Highlights

  • 0.51 Acre Lot
  • Corner Lot
  • Open Space
  • Edmonds Woodway High School Rated A-
  • No HOA
  • 5-minute walk to Hickman Park

About This Lot

As of September 2022

Here is the perfect land in the heart of Edmonds for your next commercial building . All the city requirement done for building permit. We have demo/excavation permit ready to pick up for this class "A" 11,188 sq/ft building. Here is your opportunity to build your own Building in a prime location. Highly desired Edmonds/Woodaway close to major freeways & bustling downtown Marina. This is a rare opportunity with all the hard work done to build your dream commercial building.

Last Listed By

Simon Hatzey

eXp Realty License #77321 Listed on: 06/14/2022

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1950883

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,587

Year Built

  • 1994

Lot Details

  • 0.51 Acre Lot
  • Open Space
  • Corner Lot
  • Level Lot

Community Details

  • No Home Owners Association
  • Edmonds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27033600400500

Property Details

Property Type

Land

Est. Annual Taxes

$8,587

Year Built

1994

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 43 - Comm/Industrial
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • Improvements: Dwelling
  • Survey: Available
  • Special Features: None
  • Year Built: 1994
  • Cumulative Days on Market: 1,033

Interior Features

  • Possible Use: Business, Commercial, Office
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Lot Features: Corner Lot, Open Space, Paved, Sidewalk
  • Road Surface Type: Paved
  • View: No
  • Waterfront: No
  • Structure Type: Industrial
  • RoadInformation: Paved

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Available, On Property
  • Water Source: Available, On Property
  • Electricity On Property: Yes
  • Utilities: Natural Gas Available, Electricity Connected
  • ElectricityStatus: On Property
  • GasStatus: On Property

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Edmonds

Lot Info

  • Parcel Number: 27033600400500
  • Topography: Level
  • Lot Size Acres: 0.51
  • Lot Size Sq Ft: 22216
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Business,Commercial,Office
  • SoilFeasibilityTest: true

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021
  • Tax Annual Amount: 8587

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2024
Sold by
Gasworks Investments Llc
Bought by
Gasworks Investments Series Llc-Investment Se
Total Days on Market
81
Current Estimated Value
$1,506,827

Purchase Details

Listed on
Jun 14, 2022
Closed on
Sep 21, 2022
Sold by
Red Sea Properties Llc
Bought by
Gasworks Investments Llc
Seller's Agent
Simon Hatzey
eXp Realty
Buyer's Agent
Simon Hatzey
eXp Realty
List Price
$1,750,000
Sold Price
$1,425,000
Premium/Discount to List
-$325,000
-18.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.15%

Purchase Details

Closed on
Aug 20, 2019
Sold by
Willow Street Llc
Bought by
Red Sea Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$936,600
Interest Rate
3.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 25, 2017
Sold by
Laukkonen Douglas C and Laukkonen Cheryl
Bought by
Willow Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 10, 2013
Sold by
Falcidian Holdings Llc
Bought by
Laukkonen Douglas C and Laukkonen Cheryl

Purchase Details

Closed on
May 7, 2012
Sold by
Laukkonen Douglas and Laukkonen Cheyrl
Bought by
Falcidian Holdings Llc

Purchase Details

Closed on
Jan 3, 2006
Sold by
Clark Dale J and Clark Kristine R
Bought by
Laukkonen Douglas C and Laukkonen Cheryl J

Range of Values:

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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
Gasworks Investments Series Llc-Investment Se $313 None Listed On Document
Gasworks Investments Llc -- First American Title
Red Sea Properties Llc $1,150,000 First American Title
Willow Street Llc $660,000 First Amer Title Ins Co Natl
Laukkonen Douglas C -- None Available
Falcidian Holdings Llc -- None Available
Laukkonen Douglas C $575,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Red Sea Properties Llc $936,600
Previous Owner Willow Street Llc $560,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2022 09/22/22 Sold $1,425,000 -18.6% --
09/03/2022 09/03/22 Pending -- -- --
06/14/2022 06/14/22 For Sale $1,750,000 -- --
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
2025 $10,063 $1,413,000 $859,700 $553,300
2024 $10,063 $1,413,000 $849,700 $563,300
2023 $7,591 $1,104,100 $838,600 $265,500
2022 $8,677 $1,038,000 $594,300 $443,700
2020 $6,302 $674,000 $438,700 $235,300
2019 $5,885 $634,000 $433,200 $200,800
2018 $5,672 $528,000 $333,200 $194,800
2017 $5,420 $528,000 $333,200 $194,800
2016 $5,212 $503,000 $333,200 $169,800
2015 $5,535 $503,000 $311,000 $192,000
2013 $5,868 $503,000 $294,300 $208,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1950883

Northwest Multiple Listing Service (NWMLS)

APN: 270336-004-005-00