NOT LISTED FOR SALE

27228 NE Big Rock Rd Duvall, WA 98019

Estimated Value: $836,000 - $1,154,339

5 Acres
$178,429 Price per Acre
236,095 Sq Ft Lot

Last Sold May 12, 2023

Last sale price $880,000 $503 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,895/month

132 Days on Market

Highlights

  • Territorial View
  • No HOA
  • Level Lot
  • Cherry Valley Elementary School Rated A-
  • Open Space

About This Lot

As of May 2023

Seller Financing available! Minimum $250,000 down w/ 5-5.5% interest rate. Can be an interest-only payment for 3 years! This is a rare opportunity for a huge development land in the Eastside! 5.42 acres in the prime location in the fast-growing city of Duvall. Currently zoned for MU-I Commercial Mixed-Use. LEVEL lot w/ excellent visibility & 373 ft frontage on city's primary road. Studies available. Next to the new school & new residential development w/ favorable traffic revisions. This area is the focus of significant development projects in the City. Next to The Ridge by Toll Brothers. Zoning allows dwelling above commercial, daycare, retails, schools, theater, groceries, clinics, etc. Home on site is a tear-down. Contact LA for studies.

Last Agent to Sell the Property

Irene Mendoza

Keller Williams Rlty Bellevue License #23026473 Listed on: 12/22/2022

Keller Williams Rlty Bellevue

Last Buyer's Agent

Marissa Taranto

eXp Realty License #140009

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2023185

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,937

Year Built

  • 1908

Lot Details

  • 5.42 Acre Lot
  • Open Space
  • Level Lot
  • Zoning described as Duvall-MUI Mixed Use Institutional

Property Views

  • Territorial Views

Schools

  • Tolt Mid Middle School
  • Cedarcrest High School

Utilities

  • Well
  • Septic Design Installed
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Big Rock Condos
  • Big Rock Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2426069005

Property Details

Property Type

Land

Est. Annual Taxes

$7,937

Year Built

1908

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 43 - Comm/Industrial
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Big Rock
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • Restrictions: See Remarks
  • Improvements: Dwelling
  • Special Features: None
  • Year Built: 1908
  • Cumulative Days on Market: 1,203

Interior Features

  • Possible Use: Business, Commercial, Multi-Family, Residential, Retail, See Remarks
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • View: Territorial
  • Lot Features: Open Space, Paved
  • Road Surface Type: Gravel, Paved, See Remarks
  • View: Yes
  • Waterfront: No
  • Structure Type: Industrial
  • RoadInformation: Dirt,Gravel,Paved,See Remarks
  • RoadOnWhichSide: South, East and North

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: In Street
  • Water Source: In Street, Private Well
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Utilities: Natural Gas Available, Electricity Connected, Septic Design Installed
  • ElectricityStatus: On Property
  • GasStatus: In Street
  • SepticDesignInstalled: true

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Riverview
  • High School: Cedarcrest High
  • Middle Or Junior School: Tolt Mid

Lot Info

  • Parcel Number: 2426069005
  • Topography: Level
  • Lot Size Acres: 5.42
  • Lot Size: 5.42 acres
  • Lot Size Sq Ft: 236095
  • Zoning Description: Duvall-MUI Mixed Use Institutional
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: KCR
  • ZoningJurisdiction: City
  • ZoningClass: Business,Commercial,Multi-Family,Residential,Retail,See Remarks

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2018
  • Tax Annual Amount: 7937

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2022
Closed on
May 11, 2023
Sold by
Rice Eugene V
Bought by
Asdarr Llc
Seller's Agent
Irene Mendoza
Keller Williams Rlty Bellevue
Buyer's Agent
Marissa Taranto
eXp Realty
List Price
$1,000,000
Sold Price
$880,000
Premium/Discount to List
-$120,000
-12%
Total Days on Market
132
Views
26
Current Estimated Value
$967,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,085
Avg. Annual Appreciation
4.62%
Original Mortgage
$580,000
Outstanding Balance
$566,762
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$400,323

Purchase Details

Closed on
May 18, 2006
Sold by
Young Christopher G and Young Elizabeth Rosa
Bought by
Young Christopher G and Young Elizabeth Rosa
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
Asdarr Llc $880,000 Wfg National Title Company Of
Young Christopher G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asdarr Llc $580,000
Previous Owner Young Christopher G $90,000
Previous Owner Young Christopher G $152,000
Previous Owner Young Christopher G $202,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2023 05/12/23 Sold $880,000 -12.0% $503 / Sq Ft
05/03/2023 05/03/23 Pending -- -- --
12/22/2022 12/22/22 For Sale $1,000,000 -- $571 / Sq Ft
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 $9,155 $984,000 $983,000 $1,000
2023 $8,818 $897,000 $896,000 $1,000
2022 $10,259 $1,179,000 $1,178,000 $1,000
2021 $8,658 $879,000 $878,000 $1,000
2020 $8,697 $744,000 $743,000 $1,000
2018 $7,937 $680,000 $679,000 $1,000
2017 $3,950 $641,000 $640,000 $1,000
2016 $3,837 $317,000 $313,000 $4,000
2015 $3,882 $299,000 $295,000 $4,000
2014 -- $304,000 $300,000 $4,000
2013 -- $244,000 $240,000 $4,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2023185

Northwest Multiple Listing Service (NWMLS)

APN: 242606-9005