Listed by Windermere Bellevue Commons
$985,000
PRE-FORECLOSURE The borrower is in default on their loan obligation and/or the bank or lender has initiated foreclosure proceedings. This property is occupied, do not disturb the occupants. Trespassing is a criminal offense.

Estimated payment $6,036/month

Total Views 1,951
0.88 Acre
$1,122,379 Price per Acre
38,228 Sq Ft Lot

Highlights

  • 0.88 Acre Lot
  • No HOA
  • Level Lot
  • Mountain View

About This Lot

ATTENTION BUILDERS & DEVELOPERS – RARE OPPORTUNITY! Take advantage of Washington’s newly passed Missing Middle Housing Bill, which now allows multi-unit homes in residential zoning! According to City of SeaTac planners, these changes officially took effect on January 1, 2025.This shy 1-acre property has five subdivided lots (7,200 SF each), allowing for a Fourplex on each lot—up to 20 townhomes in total! Preliminary short plat approved, All fees paid, Prime location – Near Westfield Mall, schools, parks, I-5, and Downtown Seattle, Do not enter the existing home—it is approved for demolition per the short plat. See attached plat map for details. Don’t miss this incredible development opportunity!

Listing Agent

Tarek Moghrabi

Windermere Bellevue Commons License #106411 Listed on: 06/11/2025

Windermere Bellevue Commons

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2392104

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,021

Lot Details

  • 0.88 Acre Lot
  • Level Lot
  • Zoning described as Multi-Family,Residential

Property Views

  • Mountain
  • Territorial
  • Limited

Community Details

  • No Home Owners Association
  • Nichols Garden Trs Unrec Condos
  • Seatac Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / 1
  • Assessor Parcel Number 6082400040

Property Details

Property Type

Land

Est. Annual Taxes

$7,021

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 40 - Res-Less thn 1 Ac
  • MLS Status: Active
  • Prev Status: Active
  • Building Name: Nichols Garden Trs Unrec
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • PropertyFeatures: Brush,Garden/Fruit Trees
  • Improvements: Cable TV Available,Driveway,Fenced-Fully,Outbuilding(s),RV,Shop
  • Special Features: None
  • Cumulative Days on Market: 231

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • View: Mountain(s), Partial, Territorial
  • Lot Features: Paved
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: Paved
  • WaterJurisdiction: King County

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: On Property
  • Water Source: On Property
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: Yes
  • Utilities: Electricity Connected, Natural Gas Available
  • ElectricityStatus: On Property
  • GasStatus: On Property

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Highline

Lot Info

  • Parcel Number: 6082400040
  • Topography: Level,Rolling
  • Lot Size Acres: 0.8776
  • Lot Size Sq Ft: 38228
  • Zoning Description: Multi-Family,Residential
  • Zoning: UL-7200
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Co Assessor
  • ZoningJurisdiction: City
  • LotNumber: 4

Tax Info

  • Year: 2024
  • Tax Annual Amount: 7021

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $8,057 $746,000 $246,000 $500,000
2023 $7,021 $622,000 $197,000 $425,000
2022 $7,063 $673,000 $172,000 $501,000
2021 $6,401 $579,000 $150,000 $429,000
2020 $6,328 $508,000 $132,000 $376,000
2018 $5,914 $500,000 $222,000 $278,000
2017 $5,125 $426,000 $200,000 $226,000
2016 $5,175 $375,000 $181,000 $194,000
2015 $4,805 $391,000 $173,000 $218,000
2014 -- $350,000 $156,000 $194,000
2013 -- $292,000 $141,000 $151,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2025 06/11/25 For Sale $985,000 -- $373 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $985,000 Fidelity National Title
Trustee Deed -- None Listed On Document
Quit Claim Deed $200 None Listed On Document
Quit Claim Deed $313 None Listed On Document
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed $620,000 Fidelity National Title
Special Warranty Deed $70,000 First American
Trustee Deed $161,460 None Available
Warranty Deed $357,000 Fidelity Natio
Warranty Deed $135,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $115,000 New Conventional
Previous Owner $600,883 Commercial
Previous Owner $448,000 Commercial
Previous Owner $401,000 Adjustable Rate Mortgage/ARM
Previous Owner $400,000 Commercial
Previous Owner $161,200 Unknown
Previous Owner $153,000 Unknown
Previous Owner $285,600 Fannie Mae Freddie Mac
Closed $0 Purchase Money Mortgage
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2392104

Northwest Multiple Listing Service (NWMLS)

APN: 608240-0040