Listed by RE/MAX Metro Realty, Inc., Bought with Real Broker LLC
NOT LISTED FOR SALE

Estimated Value: $61,000 - $239,000

0.98 Acre
$153,578 Price per Acre
42,545 Sq Ft Lot

Last Sold June 08, 2022

Last sale price $45,000

Est. 259% increase in value since last sale

Current estimated payment $960/month

3 Days on Market

Highlights

  • 0.98 Acre Lot
  • No HOA
  • Level Lot

About This Lot

As of June 2022

Value priced acre of property ready for immediate purchase. Now you can acquire a 42,545 square foot parcel in a rapidly developing section of Jovita Heights. You'll receive lots 2,3,4,5,6,7,13 &14. Water and Electric are available in the street. Imagine the possibilities. Owner has moved out of the area and so says "SELL"! Being offered for well under assessed value so recognize a bargain when you see it and take action immediately. R4 Zoning. Two additional adjoining tax parcels also for sale by same owner and also priced to move! Imagine the options and opportunities this presents. You can work toward development or hold as an investment for the future. There are no CCR's or building requirements. You're completely in the driver's seat!

Last Agent to Sell the Property

Mark Foley

RE/MAX Metro Realty, Inc. License #17201 Listed on: 05/23/2022

RE/MAX Metro Realty, Inc.

Last Buyer's Agent

Michele Caskey

Real Broker LLC License #20220256

Real Broker LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1938193

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Lot Details

  • 0.98 Acre Lot
  • Level Lot
  • Zoning described as R4

Utilities

  • Sewer Not Available

Community Details

  • No Home Owners Association
  • Jovita Heights Condos
  • Jovita Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 2-7, 13-14 / 105
  • Assessor Parcel Number 3751604503

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 40 - Res-Less thn 1 Ac
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Jovita Heights
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • PropertyFeatures: Lightly Treed
  • Special Features: None
  • Cumulative Days on Market: 1,196

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Road Surface Type: See Remarks
  • View: No
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: See Remarks

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: Not Available
  • Water Source: In Street
  • Electricity On Property: Yes
  • Utilities: Electricity Connected
  • ElectricityStatus: In Street
  • GasStatus: Not Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Federal Way

Lot Info

  • Parcel Number: 3751604503
  • Topography: Level
  • Lot Size Acres: 0.9767
  • Lot Size Sq Ft: 42545
  • Zoning Description: R4
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist.com
  • ZoningJurisdiction: County
  • ZoningClass: Residential
  • LotNumber: 2-7, 13-14

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021
  • Tax Annual Amount: 1406

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2022
Closed on
Jun 2, 2022
Sold by
Jeffrey Alton
Bought by
Thomas Sabine M
Seller's Agent
Mark Foley
RE/MAX Metro Realty, Inc.
Buyer's Agent
Michele Caskey
Real Broker LLC
List Price
$39,000
Sold Price
$45,000
Premium/Discount to List
$6,000
15.38%
Current Estimated Value
$161,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,500
Avg. Annual Appreciation
80.32%

Purchase Details

Closed on
Jul 3, 2019
Sold by
Seattle Pacific University
Bought by
Alton Jeffrey
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
Thomas Sabine M $45,000 First American Title
Alton Jeffrey $25,000 Chicago Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2022 06/08/22 Sold $45,000 +15.4% --
05/26/2022 05/26/22 Pending -- -- --
05/23/2022 05/23/22 For Sale $39,000 -- --
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 $899 $90,000 $90,000 --
2023 $1,559 $143,000 $143,000 $0
2022 $1,476 $153,000 $153,000 $0
2021 $1,406 $124,000 $124,000 $0
2020 $1,397 $110,000 $110,000 $0
2018 $698 $110,000 $110,000 $0
2017 $703 $46,000 $46,000 $0
2016 $729 $46,000 $46,000 $0
2015 $710 $46,000 $46,000 $0
2014 -- $46,000 $46,000 $0
2013 -- $44,000 $44,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1938193

Northwest Multiple Listing Service (NWMLS)

APN: 375160-4503