Listed by Keller Williams Rlty Bellevue
NOT LISTED FOR SALE
4.38 Acres
-- Price per Acre
190,793 Sq Ft Lot

Last Sold November 27, 2023

Last sale price $2,825,000

551 Days on Market

Highlights

  • 4.38 Acre Lot
  • Territorial View
  • Level Lot
  • Clubhouse

About This Lot

As of November 2023

THE RESERVE AT ARLINGTON are two Vacant Land Parcels where you can build Multi Housing or a 150 unit Sr. Living Market Rate Apartments. Permitted information available for the apartments. BOTH Parcels Sold Together (31051100304000 + 31051100400700). Amazing opportunity to own this property along Hwy 9 in an Explosive Growth area within a high traffic location along 204th in Arlington. Build next to the New Starbucks & Bartell Drugstore. Across Hwy 9 is Safeway, McDonalds Chevron, New Luxory 77 Condos & so much more. Zoned General Commercial, Multi Housing. Welcome Home to Arlington!

Last Agent to Sell the Property

Melissa Johnson

Keller Williams Rlty Bellevue License #105175 Listed on: 10/27/2021

Keller Williams Rlty Bellevue

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1856903

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,789

Lot Details

  • 4.38 Acre Lot
  • Level Lot
  • Zoning described as GC

Property Views

  • Territorial Views

Community Details

  • Arlington Subdivision
  • Clubhouse

Listing and Financial Details

  • Assessor Parcel Number 31051100304000

Property Details

Property Type

Land

Est. Annual Taxes

$12,789

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 42 - Multi-Family
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 0
  • Special Features: None
  • Cumulative Days on Market: 1,082

Interior Features

  • Possible Use: Commercial, Multi-Family
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Structure Type: Multi Family
  • RoadInformation: Access Easement,County Maintained
  • WaterJurisdiction: City of Arlington

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Available
  • Water Source: Available, In Street
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: No
  • Utilities: Natural Gas Available, Electricity Available
  • ElectricityStatus: Available
  • GasStatus: On Property

Condo/Co-op/Association

  • Community Features: Club House
  • Senior Community: No

Schools

  • Junior High Dist: Arlington

Lot Info

  • Parcel Number: 31051100304000
  • Topography: Level
  • Lot Size Acres: 4.38
  • Lot Size Sq Ft: 190793
  • Zoning Description: GC
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Title
  • ZoningJurisdiction: City
  • ZoningClass: Commercial,Multi-Family

Tax Info

  • Year: 2021
  • Tax Annual Amount: 12789
  • AdditionalTaxIds: 31051100400700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2021
Closed on
Nov 21, 2023
Sold by
Avs Community Development Llc
Bought by
Harmony At Arlington Llc
Seller's Agent
Melissa Johnson
Keller Williams Rlty Bellevue
List Price
$4,200,000
Sold Price
$2,825,000
Premium/Discount to List
-$1,375,000
-32.74%
Views
19

Purchase Details

Closed on
Jul 8, 2021
Sold by
Mayo Properties Llc
Bought by
Avs Community Development Llc

Purchase Details

Closed on
Nov 30, 2016
Sold by
Mayo Rodney
Bought by
Mayo Properties Llc
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
Harmony At Arlington Llc $2,825,000 Chicago Title
Avs Community Development Llc -- Fidelity National Title
Mayo Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mayo Rodney $750,000
Previous Owner Mayo Rodney $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2023 11/27/23 Sold $2,825,000 -32.7% --
05/01/2023 05/01/23 Pending -- -- --
02/27/2023 02/27/23 For Sale $4,200,000 0.0% --
12/15/2022 12/15/22 Pending -- -- --
08/19/2022 08/19/22 Price Changed $4,200,000 -35.4% --
03/17/2022 03/17/22 For Sale $6,500,000 0.0% --
03/02/2022 03/02/22 Pending -- -- --
10/27/2021 10/27/21 For Sale $6,500,000 -- --
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 $13,106 $2,598,900 $2,598,900 --
2024 $13,106 $1,813,900 $1,813,900 --
2023 $8,966 $1,386,300 $1,386,300 $0
2022 $10,102 $1,366,100 $1,366,100 $0
2020 $11,187 $1,237,900 $1,237,900 $0
2019 $5,152 $555,300 $555,300 $0
2018 $6,194 $530,000 $530,000 $0
2017 $5,813 $507,600 $507,600 $0
2016 $6,194 $507,600 $507,600 $0
2015 $6,141 $485,100 $485,100 $0
2013 $1,000 $77,800 $77,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1856903

Northwest Multiple Listing Service (NWMLS)

APN: 310511-003-040-00