Listed by John L. Scott Des Moines, Bought with Redfin Corp.
NOT LISTED FOR SALE

Estimated Value: $174,000 - $858,000

0.11 Acre
$4,533,336 Price per Acre
4,792 Sq Ft Lot

Last Sold April 30, 2018

Last sale price $120,000

Est. 316% increase in value since last sale

Current estimated payment $2,722/month

199 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Lake View
  • Lot Has A Rolling Slope

About This Lot

As of April 2018

Opportunity to build your lakeside retreat on one of the few remaining lakefront property in the area. Property is located at the east end of Steel Lake. This relatively flat lot should be fairly easy to build. However, new home will only have a small footprint due to its relatively small size. Conveniently located near city center with easy freeway access. Not to be missed.

Last Agent to Sell the Property

Paul Lau

John L. Scott Des Moines License #71801 Listed on: 09/21/2017

John L. Scott Des Moines

Last Buyer's Agent

Forrest Davis

Redfin Corp.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1196978

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $775

Lot Details

  • Low Bank Waterfront Property
  • Lot Has A Rolling Slope

Property Views

  • Lake Views

Community Details

  • Steel Lake Community
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 0921049092

Property Details

Property Type

Land

Est. Annual Taxes

$775

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Lightly Treed
  • Style: 40 - Res-Less Thn 1 Ac
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: Paved
  • Road On Which Sideof Property: East
  • View: Lake
  • Waterfront: Bank-Low, Lake
  • Water Jurisdiction: City

Utilities

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

Condo/Co-op/Association

  • Community Name: Steel Lake
  • Community Features: CCRs

Schools

  • School District: FED

Lot Info

  • General Zoning Classification: Residential
  • Lot Details: Paved Street
  • Lot Sq Ft: 4586
  • Parcel Number: 0921049092
  • Slopeof Property: West
  • Topography: Rolling
  • Zoning Jurisdiction: City
  • Zoning Remarks: SF

Tax Info

  • Tax Amount: 170

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2023
Sold by
Lackey Family Estates Llc
Bought by
Birk Balbir and Birk Satiner
Current Estimated Value
$498,667

Purchase Details

Closed on
Oct 10, 2018
Sold by
Rock River Homes Llc
Bought by
Lackey Family Estates Llc

Purchase Details

Listed on
Sep 21, 2017
Closed on
Apr 27, 2018
Sold by
Wong Suzanne
Bought by
To Rock River Homes Llc
Seller's Agent
Paul Lau
John L. Scott Des Moines
Buyer's Agent
Forrest Davis
Redfin Corp.
List Price
$130,000
Sold Price
$120,000
Premium/Discount to List
-$10,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.01%
Original Mortgage
$120,000
Interest Rate
12%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 25, 2001
Sold by
Wong Suzanne
Bought by
City Of Federal Way

Purchase Details

Closed on
Oct 29, 1996
Sold by
Messier Doris A and Greg Otto R
Bought by
Wong Suzanne
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
Birk Balbir $80,000 None Listed On Document
Lackey Family Estates Llc -- None Available
To Rock River Homes Llc $120,000 Wfg National Title
City Of Federal Way -- --
Wong Suzanne $36,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rock River Homes Llc $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2018 04/30/18 Sold $120,000 -7.7% --
04/09/2018 04/09/18 Pending -- -- --
09/21/2017 09/21/17 For Sale $130,000 -- --
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 $775 $84,000 $84,000 --
2023 $120 $77,000 $77,000 $0
2022 $137 $12,000 $12,000 $0
2021 $146 $12,000 $12,000 $0
2020 $145 $12,000 $12,000 $0
2018 $170 $12,000 $12,000 $0
2017 $170 $12,000 $12,000 $0
2016 $178 $12,000 $12,000 $0
2015 $174 $12,000 $12,000 $0
2014 -- $12,000 $12,000 $0
2013 -- $12,000 $12,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1196978

Northwest Multiple Listing Service (NWMLS)

APN: 092104-9092