Seller's Agent in 2024
Michael Urquhart
Paragon Real Estate Advisors
(206) 812-9123
1 in this area
90 Total Sales
Listed by Paragon Real Estate Advisors, Bought with Real Property Associates
2846 22nd Ave W Seattle, WA 98199
Southeast Magnolia Neighborhood
0.14
Acre
$5,954,975
Price per Acre
6,000
Sq Ft Lot
About This Lot
As of November 2024A Preliminary Municipal Code Review allows for 3 dwelling units including a principal dwelling, one attached accessory dwelling, and one detached accessory dwelling unit – buyer to verify development potential. The property benefits from a large 6,000 square foot lot with alley access to the East presenting an array of site plan options. AADU/DADU sales have been selling in the mid $750/foot range with new construction primary homes selling in the upper $600/ foot range. The existing structure is a 2BD/1BTH single family home with a basement presenting the opportunity to change the classification of the existing structure to a DADU and build an AADU and primary home on the Eastern portion of the lot.
Last Agent to Sell the Property
Paragon Real Estate Advisors License #135356 Listed on: 10/03/2024
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2297130
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,196
Lot Details
- 6,000 Sq Ft Lot
- Zoning described as NR3
Community Details
- No Home Owners Association
- Magnolia Subdivision
Listing and Financial Details
- Assessor Parcel Number 2770602165
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 25, 2018
Sold by
Martin Belva Je Neal and Je Neal Martin B
Bought by
Martin B Je Neal
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Servicelink |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $656,000 | New Conventional | |
| Previous Owner | $656,000 | New Conventional | |
| Previous Owner | $160,000 | New Conventional | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $102,000 | New Conventional | |
| Previous Owner | $99,800 | New Conventional | |
| Previous Owner | $95,000 | Credit Line Revolving | |
| Previous Owner | $75,000 | Credit Line Revolving | |
| Previous Owner | $65,000 | Credit Line Revolving | |
| Previous Owner | $47,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/05/2024 11/05/24 | Sold | $820,000 | +3.1% | $1,302 / Sq Ft |
| 10/10/2024 10/10/24 | Pending | -- | -- | -- |
| 10/03/2024 10/03/24 | For Sale | $795,000 | -- | $1,262 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $1,196 | $682,000 | $681,000 | $1,000 |
| 2023 | $1,193 | $587,000 | $586,000 | $1,000 |
| 2022 | $1,165 | $623,000 | $550,000 | $73,000 |
| 2021 | $1,158 | $550,000 | $461,000 | $89,000 |
| 2020 | $1,638 | $244,000 | $129,000 | $115,000 |
| 2018 | $1,115 | $486,000 | $424,000 | $62,000 |
| 2017 | $1,118 | $437,000 | $375,000 | $62,000 |
| 2016 | $1,634 | $398,000 | $342,000 | $56,000 |
| 2015 | $1,533 | $359,000 | $311,000 | $48,000 |
| 2014 | -- | $308,000 | $266,000 | $42,000 |
| 2013 | -- | $280,000 | $257,000 | $23,000 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Urquhart
-
Ben Douglas
Seller Co-Listing Agent in 2024
Ben Douglas
Paragon Real Estate Advisors
(206) 623-8880
1 in this area
27 Total Sales
-
Sarah McCormick
Buyer's Agent in 2024
Sarah McCormick
Real Property Associates
(206) 660-4203
1 in this area
66 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2297130
APN: 277060-2165
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Based on information submitted to the MLS GRID
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