NOT LISTED FOR SALE

Estimated Value: $1,404,312

0.17 Acre
$8,260,659 Price per Acre
7,405 Sq Ft Lot

Last Sold November 06, 2020

Last sale price $1,150,000

Est. 22% increase in value since last sale

Current estimated payment $8,833/month

48 Days on Market

About This Lot

As of November 2020

Price Reduced! 7,500 square foot lot recently up-zoned to NC240(M). Suitable for a wide range of development projects including townhouses, condos, apartments, office and or retail. Property is currently paved and used as a 21 space parking lot managed by Diamond Parking producing a modest income that could be used to offset carrying cost while a buyer waits for entitlements.

Last Agent to Sell the Property

Peter Wright

Paragon Real Estate Advisors Listed on: 09/20/2019

Co-Listed By

Reed Hunter

Paragon Real Estate Advisors

Last Buyer's Agent

Sunny Tumber

The Sunny Company License #25886

The Sunny Company

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1521978

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,392

Lot Details

  • Level Lot

Community Details

  • Alaska Junction Community

Listing and Financial Details

  • Assessor Parcel Number 2461900025

Property Details

Property Type

Land

Est. Annual Taxes

$11,392

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Style: 42 - Multi-Family
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: Paved
  • Water Jurisdiction: City

Utilities

  • Electricity: Available
  • Gas Available: Available
  • Sewer: Available
  • Water: Available

Condo/Co-op/Association

  • Community Name: Alaska Junction

Schools

  • School District: SEA

Lot Info

  • General Zoning Classification: Business, Commercial, Multi-Family, Office, Residential, Retail
  • Lot Details: Paved Street, Sidewalk
  • Lot Sq Ft: 7500
  • Parcel Number: 2461900025
  • Topography: Level
  • Zoning Jurisdiction: City
  • Zoning Remarks: NC2-40(M)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2019
Closed on
Nov 5, 2020
Sold by
Centerpoint Medical Properties Llc
Bought by
Blu Pen Llc
Seller's Agent
Peter Wright
Paragon Real Estate Advisors
Buyer's Agent
Sunny Tumber
The Sunny Company
List Price
$1,225,000
Sold Price
$1,150,000
Premium/Discount to List
-$75,000
-6.12%
Total Days on Market
48
Current Estimated Value
$1,404,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,312
Avg. Annual Appreciation
5.36%
Original Mortgage
$1,150,000
Outstanding Balance
$1,042,539
Interest Rate
2.7%
Mortgage Type
Unknown
Estimated Equity
$418,831

Purchase Details

Closed on
Jan 4, 2006
Sold by
Nojaim Paul G
Bought by
Centerpoint Medical Properties Llc

Purchase Details

Closed on
Jun 25, 2005
Sold by
Lyle Dean Robert
Bought by
Nojaim Paul G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
5.58%

Purchase Details

Closed on
Oct 26, 2000
Sold by
Lyle Dean R
Bought by
Lyle Dean R
Source: Public Records

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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 Buyer Sale Price Title Company
Blu Pen Llc $1,150,000 Old Republic Title Co Ltd
Centerpoint Medical Properties Llc -- --
Nojaim Paul G $700,000 Chicago Title
Lyle Dean R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blu Pen Llc $1,150,000
Previous Owner Nojaim Paul G $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2020 11/06/20 Sold $1,150,000 -6.1% --
11/03/2020 11/03/20 For Sale $1,225,000 +6.5% --
01/01/2020 01/01/20 Off Market $1,150,000 -- --
11/07/2019 11/07/19 Pending -- -- --
09/20/2019 09/20/19 For Sale $1,225,000 -- --
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 $11,392 $1,087,500 $1,087,500 --
2023 $9,727 $1,087,500 $1,087,500 $0
2022 $9,744 $1,050,000 $1,050,000 $0
2021 $10,139 $975,000 $975,000 $0
2020 $9,295 $975,000 $975,000 $0
2018 $7,670 $825,000 $825,000 $0
2017 $7,023 $712,500 $712,500 $0
2016 $7,117 $675,000 $675,000 $0
2015 $6,911 $675,000 $675,000 $0
2014 -- $675,000 $675,000 $0
2013 -- $675,000 $675,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1521978

Northwest Multiple Listing Service (NWMLS)

APN: 246190-0025