Seller's Agent in 2025
Kari Roberts
Windermere Real Estate / West Campus, Inc.
(253) 222-5235
1 in this area
122 Total Sales
Listed by Windermere RE West Campus Inc, Bought with Windermere Real Estate/PSK Inc
503 1st Ave E Pacific, WA 98047
3
Beds
2
Baths
1,250
Sq Ft
0.4
Acres
Highlights
- 0.4 Acre Lot
- Wood Flooring
- No HOA
- Fruit Trees
- Corner Lot
- 4-minute walk to Aspen Park
About This Home
As of July 2025Exciting investment opportunity! This expansive .40-acre corner lot is primed for redevelopment, offering endless potential for multifamily units. Zoned for single-family, RML and light industrial, this property provides multiple lucrative building options (details available through your agent). The existing 3-bed, 2-bath home with a detached shop has been in the same family since 1964 and, while in need of a rehab, could still serve as a charming single-family residence. However, the true value lies in maximizing the lot’s potential for multifamily development—a smart move in this growing neighborhood. Don’t miss this chance to turn vision into profit! CASH ONLY. Buyer to investigate all info. Call your agent directly for info.
Last Agent to Sell the Property
Windermere RE West Campus Inc License #9629 Listed on: 03/13/2025
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2342993
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,286
Year Built
- Built in 1964
Lot Details
- 0.4 Acre Lot
- Corner Lot
- Level Lot
- Fruit Trees
Home Design
- Fixer Upper
- Composition Roof
- Wood Siding
Interior Spaces
- 1,250 Sq Ft Home
- 1-Story Property
- Dining Room
- Wood Flooring
- Stove
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Bathroom on Main Level
Parking
- Driveway
- Off-Street Parking
Outdoor Features
- Outbuilding
Utilities
- Baseboard Heating
- Water Heater
Community Details
- No Home Owners Association
- Pacific Subdivision
Listing and Financial Details
- Down Payment Assistance Available
- Visit Down Payment Resource Website
- Assessor Parcel Number 3354400460
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 13, 2025
Closed on
Jul 3, 2025
Sold by
Faehnrich Thomas Lynn and Burnham Thalia Lyn
Bought by
Mox Rentals Llc
Seller's Agent
Kari Roberts
Windermere RE West Campus Inc
Buyer's Agent
Nataliya Salo
Windermere Real Estate/PSK Inc
List Price
$445,000
Sold Price
$300,000
Premium/Discount to List
-$145,000
-32.58%
Views
184
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,717
Avg. Annual Appreciation
60.21%
Purchase Details
Closed on
Jan 5, 2000
Sold by
Faehnrich Connie M
Bought by
Faehnrich Thomas L
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
7.72%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 9, 1999
Sold by
Faehnrich Orville Louis
Bought by
Davis Pamela J and Faehnrich Orville Louis
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
7.72%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 17, 1999
Sold by
Faehnrich Orville Louis
Bought by
Faehnrich Thomas L
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Fiduciary Deed | $300,000 | First American Title Insurance | |
| Interfamily Deed Transfer | -- | Pacific Nw Title | |
| Interfamily Deed Transfer | -- | Pacific Nw Title | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $50,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/07/2025 07/07/25 | Sold | $300,000 | -20.0% | $240 / Sq Ft |
| 06/10/2025 06/10/25 | Pending | -- | -- | -- |
| 06/02/2025 06/02/25 | Price Changed | $375,000 | -6.2% | $300 / Sq Ft |
| 05/14/2025 05/14/25 | Price Changed | $399,950 | -10.1% | $320 / Sq Ft |
| 03/13/2025 03/13/25 | For Sale | $445,000 | -- | $356 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $4,286 | $373,000 | $137,000 | $236,000 |
| 2023 | $3,929 | $329,000 | $110,000 | $219,000 |
| 2022 | $3,499 | $352,000 | $105,000 | $247,000 |
| 2021 | $3,015 | $273,000 | $90,000 | $183,000 |
| 2020 | $3,018 | $255,000 | $84,000 | $171,000 |
| 2018 | $2,817 | $204,000 | $80,000 | $124,000 |
| 2017 | $2,374 | $184,000 | $67,000 | $117,000 |
| 2016 | $2,136 | $154,000 | $67,000 | $87,000 |
Source: Public Records
Agents Affiliated with this Home
-
Kari Roberts
-
Nataliya Salo
Buyer's Agent in 2025
Nataliya Salo
Windermere Real Estate/PSK Inc
(253) 561-1959
1 in this area
28 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2342993
APN: 335440-0460
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID
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