Listed by COMPASS, Bought with eXp Realty
$700,000
SOLD SEP 17, 2024
1 Bed
2 Baths
1,440 Sq Ft
5,330 Sq Ft Lot

Recently Sold

$486 Per Sq Ft

22% Below List Price

35 Days on Market

Highlights

  • 32 Feet of Waterfront
  • Second Kitchen
  • 2 Fireplaces
  • Views of a Sound
  • Deck
  • No HOA

About This Home

As of September 2024

Are you seeking the perfect waterfront remodel project for a short-term rental investment? This ‘highest and best use’ duplex on the Redondo Beach shoreline provides an influencer-worthy guest experience watching stunning sunsets fall behind the Olympic Mountains. The people watching on Betts Memorial Boardwalk will entertain for hours, while you enjoy a favorite beverage as the tide comes and goes. At low tide, the shoreline is perfect for combing the sand and pebble beach. With 4 parking spaces – one in front and three covered in the alley access garage – guests will have convenient access to SeaTac and our region’s world class outdoor recreation. Bring your vision for the interior design and turn this property into something special!

Last Agent to Sell the Property

Chris Murphy

COMPASS License #111144 Listed on: 07/10/2024

COMPASS

Last Buyer's Agent

Lan Kim

eXp Realty License #109437

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2259793

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,860

Year Built

  • Built in 1939

Lot Details

  • 5,330 Sq Ft Lot
  • 32 Feet of Waterfront
  • Home fronts a sound
  • West Facing Home
  • Partially Fenced Property
  • Level Lot

Parking

  • 3 Car Detached Garage
  • Detached Carport Space
  • Driveway

Property Views

  • Views of a Sound
  • Mountain Views

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • French Doors
  • Finished Basement

Kitchen

  • Second Kitchen
  • Stove
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • Baseboard Heating
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Redondo Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,860

Year Built

Built in 1939

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 1939
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwasher(s),Dryer(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 1440
  • SeniorExemption: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2259793?w=Consumer&agent=93439
  • Special Features: VirtualTour
  • Cumulative Days on Market: 356

Interior Features

  • Fireplaces: 2
  • Basement: Finished
  • Appliances: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Concrete, Vinyl, Carpet
  • Interior Amenities: Second Kitchen, Concrete, Fireplace, French Doors, Wall to Wall Carpet, Water Heater
  • Living Area: 1440
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 1440
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • FireplacesLower: 1
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Sound
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront Features: Bank-Medium, Saltwater, Sound
  • Waterfront: Yes
  • Direction Faces: West
  • Exterior Features: Brick, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Fair
  • Structure Type: House
  • WaterfrontFootage: 32
  • WaterAccess: Deeded Access,Tideland Rights

Garage/Parking

  • Attached Garage: No
  • Carport Y N: Yes
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Detached Carport, Driveway, Detached Garage
  • Total Parking Spaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • WaterHeaterLocation: Basement Utility Room
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Federal Way

Lot Info

  • Parcel Number: 7203600080
  • Topography: Level,Partial Slope
  • Land Lease: No
  • Lot Size Acres: 0.1224
  • Lot Size Sq Ft: 5330
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available,High Speed Internet,Patio,Shop
  • MLSLotSizeSource: Tax Records
  • MLSSquareFootageSource: Tax Records

Green Features

  • Power Production Type: Electric, Wood

Tax Info

  • Year: 2023
  • Tax Annual Amount: 7860

Multi Family

  • EnergySource: Electric,Wood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2024
Closed on
Sep 12, 2024
Sold by
Sharen Leigh Mclean Family Trust and Mclean Robert A
Bought by
Beag Seung Won and Choi Eun Hee
Seller's Agent
Chris Murphy
COMPASS
Buyer's Agent
Lan Kim
eXp Realty
List Price
$900,000
Sold Price
$700,000
Premium/Discount to List
-$200,000
-22.22%
Views
43
Current Estimated Value
$701,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,823
Avg. Annual Appreciation
-1.31%
Original Mortgage
$500,000
Outstanding Balance
$496,923
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$194,991

Purchase Details

Closed on
Jan 23, 2023
Sold by
Mclean Sharen Leigh
Bought by
Sharen Leigh Mclean Family Trust

Purchase Details

Closed on
May 11, 2020
Sold by
Roy Mclean Arthur
Bought by
Mclean Sharen Leigh
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $700,000 Rainier Title
Quit Claim Deed -- --
Personal Reps Deed -- Posey Terrence Clayton
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 New Conventional
Previous Owner $360,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2024 09/17/24 Sold $700,000 -12.5% $486 / Sq Ft
08/14/2024 08/14/24 Pending -- -- --
08/01/2024 08/01/24 Price Changed $800,000 -11.1% $556 / Sq Ft
07/10/2024 07/10/24 For Sale $900,000 -- $625 / 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 $8,108 $786,000 $306,000 $480,000
2023 $8,087 $711,000 $277,000 $434,000
2022 $7,384 $767,000 $282,000 $485,000
2021 $6,731 $628,000 $257,000 $371,000
2020 $6,076 $536,000 $236,000 $300,000
2018 $8,379 $617,000 $248,000 $369,000
2017 $7,549 $563,000 $232,000 $331,000
2016 $7,114 $504,000 $232,000 $272,000
2015 $6,741 $452,000 $216,000 $236,000
2014 -- $439,000 $216,000 $223,000
2013 -- $371,000 $206,000 $165,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2259793

Northwest Multiple Listing Service (NWMLS)

APN: 720360-0080