Listed by RE/MAX Country, Bought with MVP Realty Group
NOT LISTED FOR SALE

708 Grove Ln Rainier, WA 98576

Estimated Value: $448,000 - $535,000

1.01 Acres
$495,753 Price per Acre
43,996 Sq Ft Lot

Last Sold January 23, 2015

Last sale price $26,000 $12 Per Sq Ft

Est. 1,823% increase in value since last sale

Current estimated payment $3,061/month

84 Days on Market

About This Lot

As of January 2015

Opportunity to build! Just over an acre within the Rainier City limits! Bring your plans to create your dream home! Located in small community on dead-end street. Easy commute to JBLM.

Last Agent to Sell the Property

Cynthia Schmier

RE/MAX Country License #13574 Listed on: 08/13/2014

RE/MAX Country

Last Buyer's Agent

Matthew Plummer

MVP Realty Group License #23345

MVP Realty Group

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM681160

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,887

Lot Details

  • Street terminates at a dead end
  • Level Lot

Additional Features

  • Territorial Views
  • Sewer Not Available

Community Details

  • Rainier Community

Listing and Financial Details

  • Assessor Parcel Number 70290000500

Property Details

Property Type

Land

Est. Annual Taxes

$3,887

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Brush, Partially Cleared
  • Style: 41 - Res-Over 1 Acre
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: Paved
  • View: Territorial

Utilities

  • Electricity: In Street
  • Gas Available: In Street
  • Sewer: Not Available
  • Water: Available, In Street

Condo/Co-op/Association

  • Community Name: Rainier
  • Project: Rainier Oaks

Schools

  • Elementary School: Rainier Primary Sch
  • Middle School: Rainier Mid
  • High School: Rainier Snr High
  • School District: RAI

Lot Info

  • Lot Number: 5
  • General Zoning Classification: Residential
  • Lot Details: Curbs, Dead End Street, Paved Street, Sidewalk
  • Lot Sq Ft: 44154
  • Parcel Number: 70290000500
  • Topography: Level
  • Zoning Jurisdiction: City
  • Zoning Remarks: MDR4/1

Tax Info

  • Tax Amount: 721

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2014
Closed on
Jan 20, 2015
Sold by
Morris Enterprises Family Limited Partne
Bought by
Lucus Shelley
Seller's Agent
Cynthia Schmier
RE/MAX Country
Buyer's Agent
Matthew Plummer
MVP Realty Group
List Price
$40,000
Sold Price
$26,000
Premium/Discount to List
-$14,000
-35%
Current Estimated Value
$499,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$473,981
Avg. Annual Appreciation
32.55%
Original Mortgage
$163,500
Interest Rate
3.87%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 29, 2009
Sold by
Khr Llc
Bought by
Morris Enterprises Family Limited Partne

Purchase Details

Closed on
Jun 1, 2006
Sold by
Aurum Development Llc
Bought by
Khr Llc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Lucus Shelley $22,067 Stewart Title Of Western Wa
Morris Enterprises Family Limited Partne -- Chicago Title Company
Khr Llc $1,087,612 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lucus Shelley $40,000
Closed Lucus Shelley $10,000
Open Lucus Shelley $170,500
Closed Lucus Shelley $163,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2015 01/23/15 Sold $26,000 -35.0% $12 / Sq Ft
11/05/2014 11/05/14 Pending -- -- --
08/13/2014 08/13/14 For Sale $40,000 -- $18 / Sq Ft
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 $3,887 $427,600 $143,500 $284,100
2023 $3,887 $412,400 $134,600 $277,800
2022 $3,448 $371,600 $76,200 $295,400
2021 $2,769 $332,300 $88,200 $244,100
2020 $2,780 $262,500 $68,400 $194,100
2019 $2,423 $238,900 $55,200 $183,700
2018 $2,743 $215,600 $47,500 $168,100
2017 $2,282 $185,750 $30,350 $155,400
2016 $607 $185,050 $47,250 $137,800
2014 -- $44,350 $44,350 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM681160

Northwest Multiple Listing Service (NWMLS)

APN: 70290000500