Listed by Evergreen Realty NW, Bought with John L. Scott, Inc.
NOT LISTED FOR SALE

2520 Meridian Ave E Edgewood, WA 98371

Estimated Value: $847,000

1.2 Acres
$705,833 Price per Acre
52,272 Sq Ft Lot

Last Sold February 06, 2018

Last sale price $500,000

Est. 69% increase in value since last sale

Current estimated payment $4,927/month

191 Days on Market

About This Lot

As of February 2018

Level 1.2 acres with 202' of frontage, zoned Town Center, next to the Cottages of Edgewood. All utilities at street. Zoning allows most commercial uses, with heights to 45'. Dry, level, beautiful acreage with abundant street frontage. Wide sidewalks and street lights have been installed. This central location continues it's development and beautification.

Last Agent to Sell the Property

Kelly Garvey

Evergreen Realty NW Listed on: 07/07/2017

Last Buyer's Agent

Rick Branchflower

John L. Scott, Inc. License #18151

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1157536

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,241

Lot Details

Utilities

  • Sewer in Street

Community Details

  • Edgewood Community

Listing and Financial Details

  • Assessor Parcel Number 0420094142

Property Details

Property Type

Land

Est. Annual Taxes

$5,241

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Style: 43 - Comm/Industrial
  • Special Features: 20
  • Property Sub Type: LotsLands

Interior Features

  • Level: Yes

Exterior Features

  • Road Information: Paved
  • Road On Which Sideof Property: East

Utilities

  • Electricity: In Street
  • Gas Available: In Street
  • Sewer: In Street
  • Water: Available

Condo/Co-op/Association

  • Community Name: Edgewood

Schools

  • School District: PUY

Lot Info

  • General Zoning Classification: Commercial
  • Lot Dimensions: 202 x 284
  • Lot Sq Ft: 52339
  • Parcel Number: 0420094142
  • Slopeof Property: West 5 ft, then level
  • Zoning Jurisdiction: City
  • Zoning Remarks: TC

Tax Info

  • Tax Amount: 5370

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2017
Closed on
Feb 2, 2018
Sold by
Timberland Savings Bank S S B
Bought by
Jin Lin
Seller's Agent
Kelly Garvey
Evergreen Realty NW
Buyer's Agent
Rick Branchflower
John L. Scott, Inc.
List Price
$585,000
Sold Price
$500,000
Premium/Discount to List
-$85,000
-14.53%
Current Estimated Value
$847,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,000

Purchase Details

Closed on
Aug 18, 2015
Sold by
Timberland Bank
Bought by
Round Lake Development Group Llc

Purchase Details

Closed on
May 21, 2015
Sold by
Round Lake Development Group Llc
Bought by
Edgewood Special Care Community Llc

Purchase Details

Closed on
Jul 29, 2013
Sold by
Timberland Bank
Bought by
Round Lake Develop Ment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$644,806
Interest Rate
3.92%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 30, 2009
Sold by
Timberland Bank
Bought by
State Of Washington Department Of Transp
Source: Public Records

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
Jin Lin $499,719 Chicago Title
Round Lake Development Group Llc -- None Available
Edgewood Special Care Community Llc -- Fidelity Natl Title Co Of Wa
Round Lake Develop Ment Group Llc $806,007 Rainier Title
State Of Washington Department Of Transp -- Ticor
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Round Lake Develop Ment Group Llc $644,806
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2018 02/06/18 Sold $500,000 -14.5% --
01/16/2018 01/16/18 Pending -- -- --
07/08/2017 07/08/17 For Sale $585,000 -- --
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 $5,241 $598,900 $598,900 --
2024 $5,241 $544,500 $544,500 --
2023 $5,241 $544,500 $544,500 $0
2022 $5,432 $544,500 $544,500 $0
2021 $5,952 $495,000 $495,000 $0
2019 $5,355 $481,400 $481,400 $0
2018 $5,335 $439,300 $439,300 $0
2017 $5,370 $397,300 $397,300 $0
2016 -- $420,600 $420,600 $0
2014 $5,304 $420,600 $420,600 $0
2013 $5,304 $346,500 $346,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1157536

Northwest Multiple Listing Service (NWMLS)

APN: 042009-4142