Listed by Tran Property Group, Bought with Berkshire Hathaway HS NW
$3,000,000
SOLD OCT 31, 2024
-- Bed
2 Baths
5,530 Sq Ft
2.66 Acres

Recently Sold

$542 Per Sq Ft

14% Below List Price

264 Days on Market

Highlights

  • City View
  • Property is near public transit
  • Wooded Lot
  • 2.66 Acre Lot
  • Secluded Lot
  • 5-minute walk to Walt Hundley Playfield

About This Home

As of October 2024

Discover a lucrative investment at 2900 SW Myrtle St in the heart of West Seattle. Boasting 5,530 sq ft of building space and a vast 115,793 sq ft lot, this 1969 property is a developer's dream. Geotechnical reports, topographical assessments, and preliminary sketches are already in place, streamlining the planning process. Located in the coveted West Seattle neighborhood, close to amenities and transportation, this property offers unmatched potential for a landmark development. Don't miss out—shape the landscape of West Seattle with this unique opportunity. Schedule a viewing today and unlock the potential of 2900 SW Myrtle St.

Last Agent to Sell the Property

Tim Togikawa

Tran Property Group License #127784 Listed on: 02/01/2024

Co-Listed By

Phi Bui

Tran Property Group License #21001809

Last Buyer's Agent

Tamara Chakos

Berkshire Hathaway HS NW License #128224

Berkshire Hathaway HS NW

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2195144

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,593

Year Built

  • Built in 1969

Lot Details

  • 2.66 Acre Lot
  • Open Space
  • East Facing Home
  • Gated Home
  • Partially Fenced Property
  • Secluded Lot
  • Corner Lot
  • Level Lot
  • Wooded Lot
  • Value in Land
  • Property is in average condition
  • Zoning described as NR3

Parking

  • Driveway

Property Views

  • City
  • Mountain

Home Design

  • Poured Concrete
  • Bitumen Roof
  • Wood Composite

Interior Spaces

  • 2 Bathrooms
  • 5,530 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling

Flooring

  • Wall to Wall Carpet
  • Vinyl

Home Security

  • Home Security System
  • Storm Windows

Location

  • Property is near public transit

Utilities

  • Baseboard Heating
  • Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 2524039053

Community Details

Overview

  • No Home Owners Association
  • High Point Subdivision

Recreation

  • Sport Court
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,593

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 1969
  • Buyer Agency Compensation: 1.5
  • Inclusions: LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 5530
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 477

Interior Features

  • Basement: None
  • Half Bathrooms: 2
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Double Pane/Storm Window, Security System, Vaulted Ceiling(s), Wall to Wall Carpet, Water Heater
  • Living Area: 5530
  • Bathrooms: 1
  • BathsFullMain: 0
  • SquareFootageFinished: 5530
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 2
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • NWM_NumberOfBathtubs: 0
  • NWM_NumberOfShowers: 0

Exterior Features

  • Roof: Torch Down
  • View: City, Mountain(s)
  • Lot Features: Corner Lot, Curbs, Open Space, Paved, Secluded, Sidewalk, Value In Land
  • View: Yes
  • Waterfront: No
  • Direction Faces: East
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Sewer: Available
  • Water Source: Public
  • Security: FullyFenced, SecurityGate, SecuritySystem
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: Seattle City Light
  • SewerCompany: SPU
  • WaterCompany: SPU
  • WaterHeaterLocation: kitchen
  • WaterHeaterType: tank

Condo/Co-op/Association

  • Community Features: Athletic Court, Park, Playground
  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 2524039053
  • Topography: Level,Sloped
  • Land Lease: No
  • Lot Size Acres: 2.6582
  • Lot Size Sq Ft: 115793
  • Zoning Description: NR3
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Gas Available,Gated Entry,High Speed Internet
  • MLSLotSizeSource: realist
  • MLSSquareFootageSource: realist
  • ZoningJurisdiction: See Remarks

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 6593
  • AdditionalTaxIds: 2524039053,252403905307

Multi Family

  • EnergySource: Electric,Natural Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
Oct 30, 2024
Sold by
Thien-An Baptist Church
Bought by
Debremenkirat Kidus Georgis Orthodox Tewahdo
Seller's Agent
Tim Togikawa
Tran Property Group
Buyer's Agent
Tamara Chakos
Berkshire Hathaway HS NW
List Price
$3,500,000
Sold Price
$3,000,000
Premium/Discount to List
-$500,000
-14.29%
Views
60
Current Estimated Value
$2,992,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,795
Avg. Annual Appreciation
-2.94%
Original Mortgage
$2,700,000
Outstanding Balance
$2,504,985
Interest Rate
6.09%
Mortgage Type
Seller Take Back
Estimated Equity
$436,537

Purchase Details

Closed on
Apr 9, 1990
Sold by
Grandview Baptist Church
Bought by
Thien-An Baptist Church
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $3,000,000 Stewart Title
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,700,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2024 10/31/24 Sold $3,000,000 -14.3% $542 / Sq Ft
10/22/2024 10/22/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $3,500,000 -- $633 / 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 $5,743 $3,687,900 $3,473,700 $214,200
2023 $5,743 $3,720,700 $3,473,700 $247,000
2022 $6,234 $3,699,200 $3,473,700 $225,500
2021 $5,743 $3,667,200 $3,473,700 $193,500
2020 $5,350 $0 $0 $0
2018 $4,503 $0 $0 $0
2017 $4,034 $2,470,000 $2,315,800 $154,200
2016 $3,627 $1,440,700 $1,273,700 $167,000
2015 $3,284 $1,448,800 $1,273,700 $175,100
2014 -- $1,458,100 $1,273,700 $184,400
2013 -- $1,465,000 $1,273,700 $191,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2195144

Northwest Multiple Listing Service (NWMLS)

APN: 252403-9053