Listed by eXp Commercial, LLC, Bought with Goldhouse Realty
NOT LISTED FOR SALE

Estimated Value: $457,000 - $710,000

2.51 Acres
$233,117 Price per Acre
109,336 Sq Ft Lot

Last Sold March 25, 2024

Last sale price $560,000

Est. 4% increase in value since last sale

Current estimated payment $3,612/month

303 Days on Market

Highlights

  • Views of a Sound
  • 2.51 Acre Lot
  • No HOA
  • Gated Community
  • Secluded Lot
  • Park

About This Lot

As of March 2024

4TH MAJOR PRICE DROP down from $1,100,000.....FAMILY EXECUTOR WANTS IT SOLD ASAP TO CLOSE OUT THE FAMILY ESTATE .....Vacant land surrounded by PT DEFIANCE PARK (SEE ATTACHED VIDEO)...Gated entrance, stunning panoramic view of water to the front and a private backyard entrance into Pt Defiance Park. Perfect lot for a custom built multi-million dollar home for those who desire privacy, exclusivity, yet close to all the amenities of North Tacoma. Imagine your new home surrounded by a 760 acre park of forested trails with easy walking to the Zoo, Aquarium, Boathouse and the newly constructed Boardwalk to the trendy Point Ruston resort community! This is a rare opportunity to find private land available within the Point Defiance Park system.

Last Agent to Sell the Property

Dean Johnson

eXp Commercial, LLC License #21024877 Listed on: 03/23/2023

eXp Commercial, LLC

Last Buyer's Agent

Kenneth Williams

Goldhouse Realty License #26491

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2047809

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,500

Lot Details

  • 2.51 Acre Lot
  • Street terminates at a dead end
  • Secluded Lot
  • Sloped Lot
  • Zoning described as R1- VSD 25

Property Views

  • Views of a Sound
  • Bay
  • Strait Views
  • Territorial

Utilities

  • Sewer in Street

Listing and Financial Details

  • Tax Lot 0221221017
  • Assessor Parcel Number 0221221017

Community Details

Overview

  • No Home Owners Association
  • Point Defiance Subdivision
  • Property is near a preserve or public land

Recreation

  • Park
  • Trails

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$5,500

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 41 - Res-Over 1 Acre
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 0
  • PropertyFeatures: Brush,Comm. Grade Timber,Evergreens,Heavily Forested
  • Restrictions: Unknown
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Residential, See Remarks
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • View: Bay, See Remarks, Sound, Strait, Territorial
  • Lot Features: Adjacent to Public Land, Dead End Street, Secluded
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: Access Easement,Paved,Privately Maintained

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Available, In Street
  • Water Source: Available
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: No
  • Utilities: Electricity Available
  • ElectricityStatus: Available
  • GasStatus: Not Available

Condo/Co-op/Association

  • Community Features: Gated, Park, Trail(s)
  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 0221221017
  • Topography: Cliffs,Sloped
  • Lot Size Acres: 2.51
  • Lot Size Sq Ft: 109336
  • Zoning Description: R1- VSD 25
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Pierce County records
  • ZoningJurisdiction: County
  • ZoningClass: Residential,See Remarks
  • LotNumber: 0221221017

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5500
  • AdditionalTaxIds: 0221221017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2023
Closed on
Feb 7, 2024
Sold by
Olson Colleen M
Bought by
Canley Jahmad and Canley Atiya
Seller's Agent
Dean Johnson
eXp Commercial, LLC
Buyer's Agent
Kenneth Williams
Goldhouse Realty
List Price
$799,000
Sold Price
$560,000
Premium/Discount to List
-$239,000
-29.91%
Views
192
Current Estimated Value
$585,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,124
Avg. Annual Appreciation
-0.50%
Original Mortgage
$400,000
Interest Rate
6.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2016
Sold by
Madrona View Pointe Llc
Bought by
Palmer Doris M

Purchase Details

Closed on
Nov 1, 2005
Sold by
Dickson Richard
Bought by
Madrona View Point Llc

Purchase Details

Closed on
Jan 10, 2001
Sold by
Wiborg James H
Bought by
Dickson Richard and Dickson Patricia K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,800
Interest Rate
7.65%
Mortgage Type
Seller Take Back
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
Canley Jahmad $560,000 Ticor Title
Palmer Doris M -- None Available
Madrona View Point Llc $177,500 First American Title Ins Co
Dickson Richard $116,456 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Canley Jahmad $400,000
Previous Owner Dickson Richard $126,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2024 03/25/24 Sold $560,000 -19.9% --
01/20/2024 01/20/24 Pending -- -- --
01/08/2024 01/08/24 Price Changed $699,000 -12.5% --
12/08/2023 12/08/23 For Sale $799,000 0.0% --
10/14/2023 10/14/23 Pending -- -- --
10/03/2023 10/03/23 Price Changed $799,000 -11.1% --
03/23/2023 03/23/23 For Sale $899,000 -- --
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 $6,118 $575,000 $575,000 --
2024 $6,118 $570,800 $570,800 --
2023 $6,118 $549,800 $549,800 $0
2022 $5,411 $549,800 $549,800 $0
2021 $4,582 $364,600 $364,600 $0
2019 $4,203 $310,900 $310,900 $0
2018 $2,190 $323,500 $323,500 $0
2017 $4,295 $277,300 $277,300 $0
2016 $3,615 $227,600 $227,600 $0
2014 $3,210 $208,000 $208,000 $0
2013 $3,210 $186,700 $186,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2047809

Northwest Multiple Listing Service (NWMLS)

APN: 022122-1017