NOT LISTED FOR SALE

Estimated Value: $1,344,417

1.35 Acres
$995,864 Price per Acre
58,806 Sq Ft Lot

Last Sold April 19, 2018

Last sale price $841,888

Est. 60% increase in value since last sale

Current estimated payment $8,671/month

200 Days on Market

Highlights

  • Territorial View
  • Open Space
  • Level Lot

About This Lot

As of April 2018

Attention Developers! Commercial Lot with 237' frontage on Pacific Highway South. 1.35 Acres zoned CC through City of Des Moines. Buyer to verify rezoning options. Lot is flat and has a temporary fence and does not reflect the total size of the lot. Close to I-5, shopping, schools, and more. The possibilities are endless with the light-rail scheduled to come down South on Pacific Highway.

Last Agent to Sell the Property

Dinato Luz

Berkshire Hathaway HS NW License #112610 Listed on: 07/13/2017

Berkshire Hathaway HS NW

Co-Listed By

Ameet Prasad

Berkshire Hathaway HS NW License #80882

Last Buyer's Agent

Dinato Luz

Berkshire Hathaway HS NW License #112610 Listed on: 07/13/2017

Berkshire Hathaway HS NW

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1160429

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,168

Lot Details

  • Open Space
  • Level Lot

Additional Features

  • Territorial Views
  • Sewer in Street

Community Details

  • Des Moines Community

Listing and Financial Details

  • Assessor Parcel Number 7682800011

Property Details

Property Type

Land

Est. Annual Taxes

$14,168

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Brush, Lightly Treed, Partially Cleared
  • Style: 43 - Comm/Industrial
  • Restrictions: No Restrictions
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: Paved
  • Road On Which Sideof Property: East
  • View: Territorial
  • Water Jurisdiction: City

Utilities

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

Condo/Co-op/Association

  • Community Name: Des Moines
  • Project: Secoma Hi-Way Trs

Schools

  • School District: HGL

Lot Info

  • Lot Number: 2-3
  • General Zoning Classification: Business, Commercial, Multi-Family
  • Lot Details: Curbs, Open Space, Sidewalk
  • Lot Sq Ft: 58893
  • Parcel Number: 7682800011
  • Topography: Level
  • Zoning Jurisdiction: County
  • Zoning Remarks: CC

Tax Info

  • Tax Amount: 12039

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2017
Closed on
Apr 6, 2018
Sold by
A J Prasad Building Llc
Bought by
102 Investments Llc
Seller's Agent
Dinato Luz
Berkshire Hathaway HS NW
Buyer's Agent
Dinato Luz
Berkshire Hathaway HS NW
List Price
$920,000
Sold Price
$841,888
Premium/Discount to List
-$78,112
-8.49%
Current Estimated Value
$1,344,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$502,529
Avg. Annual Appreciation
6.63%
Original Mortgage
$723,123
Interest Rate
4.46%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 25, 2008
Sold by
The Gemo Co Inc
Bought by
A J Prasad Building Llc

Purchase Details

Closed on
Sep 1, 1991
Sold by
Bowlds Anna Ruth
Bought by
The Gemo Co Inc
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
102 Investments Llc $841,888 First American Title
A J Prasad Building Llc $620,000 Chicago Title
The Gemo Co Inc $370,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 102 Investments Llc $2,000,000
Closed 102 Investments Llc $723,123
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2018 04/19/18 Sold $841,888 -8.5% --
01/30/2018 01/30/18 Pending -- -- --
07/13/2017 07/13/17 For Sale $920,000 -- --
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
2024 $14,168 $1,396,700 $1,396,700 --
2023 $9,815 $1,047,500 $1,047,500 $0
2022 $11,126 $931,100 $931,100 $0
2021 $11,799 $931,100 $931,100 $0
2020 $11,045 $931,100 $931,100 $0
2018 $12,273 $814,700 $814,700 $0
2017 $12,309 $814,700 $814,700 $0
2016 $9,330 $814,700 $814,700 $0
2015 $9,076 $581,900 $581,900 $0
2014 -- $581,900 $581,900 $0
2013 -- $581,900 $581,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1160429

Northwest Multiple Listing Service (NWMLS)

APN: 768280-0011