Listed by Infinity Properties
NOT LISTED FOR SALE

414 N Olympic Ave Arlington, WA 98223

Estimated Value: $149,758 - $383,000

0.14 Acre
$1,902,707 Price per Acre
6,098 Sq Ft Lot

Last Sold September 08, 2016

Last sale price $73,000

Est. 287% increase in value since last sale

Current estimated payment $1,608/month

77 Days on Market

Highlights

  • City View
  • Level Lot
  • 4-minute walk to Centinnenial Park

About This Lot

As of September 2016

**RARE OPPORTUNIRY** Commercial Vacant Land Available in Old Downtown Arlington. NOTHING to tear down or remove. Gravel lot between bowling alley and mixed use commercial/residential building. Lot dimensions 159 x 38. Lot's of options and quick turn-around for permits with Arlington Planning Dept.....NO JOKE. Permits can be approved within weeks. Full alley access with additional parking stalls in the alley.

Last Agent to Sell the Property

Keith Johnsen

Infinity Properties License #2290 Listed on: 04/01/2016

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM918189

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Lot Details

Additional Features

  • City Views
  • Level Lot
  • Sewer in Street

Community Details

  • Historic Downtown Community

Listing and Financial Details

  • Assessor Parcel Number 00529900800800

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Style: 43 - Comm/Industrial
  • Restrictions: NO Manufactured Homes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Level: LEVEL

Exterior Features

  • Road Information: Paved
  • Road On Which Sideof Property: East
  • View: City
  • Water Jurisdiction: City of Arlington

Utilities

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

Condo/Co-op/Association

  • Community Name: Historic Downtown
  • Project: McMahon's 1st Addition

Schools

  • School District: AR

Lot Info

  • Lot Number: 8
  • General Zoning Classification: Business, Commercial, Office, Retail
  • Improvements: Fenced-Partially
  • Lot Details: Alley
  • Lot Dimensions: 159 X 38
  • Lot Sq Ft: 6098
  • Parcel Number: 00529900800800
  • Topography: Level
  • Zoning Jurisdiction: City
  • Zoning Remarks: Old Town Business 1

Tax Info

  • Tax Amount: 1567

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2016
Closed on
Aug 22, 2016
Sold by
Stieben Daniel D and Stieben D
Bought by
Jones Bradley S
Seller's Agent
Keith Johnsen
Infinity Properties
List Price
$130,000
Sold Price
$73,000
Premium/Discount to List
-$57,000
-43.85%
Current Estimated Value
$282,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,146
Avg. Annual Appreciation
14.81%

Purchase Details

Closed on
Sep 20, 2014
Sold by
Stieben Laverne T
Bought by
Stieben Daniel D

Purchase Details

Closed on
Nov 3, 2005
Sold by
Smith Chris
Bought by
Stieben L T and Stieben D

Purchase Details

Closed on
Jun 14, 2005
Sold by
Morris Properties Llc and Morris Holli
Bought by
Smith Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.65%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 7, 2005
Sold by
Morris Jon W
Bought by
Morris Holli D

Purchase Details

Closed on
Jul 27, 2001
Sold by
Morris Daniel I
Bought by
Morris Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
7.09%

Purchase Details

Closed on
Jul 11, 2001
Sold by
Morris Eileen M
Bought by
Morris Daniel I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
7.09%

Purchase Details

Closed on
Jun 21, 1996
Sold by
Harrison Merlin C and Harrison Roberta
Bought by
Morris Daniel and Morris Eileen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8.09%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Jones Bradley S $73,000 Stewart Title Guaranty Co
Stieben Daniel D -- None Available
Stieben L T $133,000 Stewart Title Of Snohomish C
Smith Chris $130,000 First American
Morris Holli D -- --
Morris Properties Llc $160,000 --
Morris Daniel I -- --
Morris Daniel $70,000 Charter Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Chris $50,000
Previous Owner Smith Chris $86,853
Previous Owner Morris Properties Llc $116,000
Previous Owner Morris Daniel $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2016 09/08/16 Sold $73,000 -43.8% --
06/17/2016 06/17/16 Pending -- -- --
04/01/2016 04/01/16 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
2025 $1,765 $212,600 $212,600 --
2024 $1,765 $204,600 $204,600 --
2023 $1,496 $192,600 $192,600 $0
2022 $1,617 $172,600 $172,600 $0
2020 $1,216 $133,800 $133,800 $0
2019 $1,247 $133,800 $133,800 $0
2018 $1,497 $127,700 $127,700 $0
2017 $1,466 $127,700 $127,700 $0
2016 $1,413 $115,500 $115,500 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Keith Johnsen

    Infinity Properties

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM918189

Northwest Multiple Listing Service (NWMLS)

APN: 005299-008-008-00

Washington Snohomish County Arlington 98223

414 N Olympic Ave, Arlington, WA

Not Listed for Sale

Lots

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Based on information submitted to the MLS GRID

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