Listed by NextHome Prolific, Bought with Pellego, Inc.
$1,000,000
SOLD NOV 8, 2024
3 Beds
1 Bath
1,080 Sq Ft
10,480 Sq Ft Lot

Recently Sold

$926 Per Sq Ft

9% Below List Price

85 Days on Market

Highlights

  • RV Access or Parking
  • Bathroom on Main Level
  • Baseboard Heating
  • No HOA
  • 1-Story Property
  • Property is Fully Fenced

About This Home

As of November 2024

Opportunity knocks with a prime development property located in the vibrant Rainier Beach neighborhood. This flat 10,480 sqft lot w/ LR3 RC zoning offers immense potential for future growth. A brief feasibility study suggest the best use is 9 spacious townhomes. The property currently features a livable home occupied by a reliable tenant, generating $2,300 monthly rent. Located on a bustling bus line, the site offers convenient access to downtown Seattle and the light rail, making it attractive for commuters. Enjoy nearby amenities such as the Rainier Beach Community Center, parks, and trails. Additionally, the flourish on Rainier development, which includes townhomes, apartments & community spaces, underscores the area's growth potential.

Last Agent to Sell the Property

Kenny Pleasant

NextHome Prolific License #21006480 Listed on: 07/24/2024

NextHome Prolific

Co-Listed By

Lynniah Grayson

NextHome Prolific License #100102

Last Buyer's Agent

Said Musse

Pellego, Inc. License #124436

Pellego, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2267021

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,903

Year Built

  • Built in 1911

Lot Details

  • 10,480 Sq Ft Lot
  • Property is Fully Fenced
  • Brush Vegetation
  • Level Lot
  • Value in Land
  • Zoning described as LR3 RC (M)

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Parking

  • Driveway
  • RV Access or Parking

Utilities

  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Brighton Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1443500045

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,903

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1911
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 2160
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 337

Interior Features

  • Full Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: No
  • Living Area: 1080
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Bathrooms: 1
  • BathsFullMain: 1
  • SquareFootageFinished: 1080
  • SquareFootageUnfinished: 1080
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk, Value In Land
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Property Condition: Fair
  • Structure Type: House

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Open Parking: No
  • Parking Features: Driveway, RV Parking

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 1443500045
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.2406
  • Lot Size Sq Ft: 10480
  • Zoning Description: LR3 RC (M)
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,RV Parking
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Tax Info

  • Year: 2024
  • Tax Annual Amount: 8903.27

Multi Family

  • EnergySource: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2024
Closed on
Nov 5, 2024
Sold by
Real Time Human Services Llc
Bought by
Shire Mohamed
Seller's Agent
Kenny Pleasant
NextHome Prolific
Buyer's Agent
Said Musse
Pellego, Inc.
List Price
$1,100,000
Sold Price
$1,000,000
Premium/Discount to List
-$100,000
-9.09%
Views
13
Current Estimated Value
$1,053,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,637
Avg. Annual Appreciation
7.21%
Original Mortgage
$180,000
Outstanding Balance
$128,835
Interest Rate
6.08%
Mortgage Type
Seller Take Back
Estimated Equity
$924,802

Purchase Details

Listed on
Jun 22, 2020
Closed on
Aug 27, 2020
Sold by
Vanvu Loc
Bought by
Real Time Human Services Llc
Seller's Agent
Dan Vu
Liberty Real Estate, LLC
Buyer's Agent
Christian Codd
Keller Williams Eastside
List Price
$795,000
Sold Price
$795,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.63%

Purchase Details

Closed on
Mar 21, 2013
Sold by
Tran Thanh Thuythi
Bought by
Vanvanvu Loc Van

Purchase Details

Listed on
Feb 17, 2012
Closed on
Mar 5, 2012
Sold by
Fannie Mae
Bought by
Tran Thanh Thuy Thi
Seller's Agent
George Noble
Green Stone Properties, Inc.
Buyer's Agent
Daisha Britt
Britt Real Estate
List Price
$165,000
Sold Price
$165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.82%

Purchase Details

Listed on
Feb 17, 2012
Closed on
Jan 18, 2012
Sold by
Le Theresa Thu Huong and Kiniry Edwin Walter
Bought by
Federal National Mortgage Association
Seller's Agent
George Noble
Green Stone Properties, Inc.
Buyer's Agent
Daisha Britt
Britt Real Estate
List Price
$165,000
Sold Price
$165,000

Purchase Details

Closed on
Oct 23, 2006
Sold by
Nguyen Vu and Van Tran Can
Bought by
Kiniry Edwin Walter and Le Theresa Thu Huong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
6.37%

Purchase Details

Closed on
May 23, 2003
Sold by
Vantran Can
Bought by
Vu Nguyen

Purchase Details

Closed on
Oct 31, 2000
Sold by
Woods William J and Woods Elpedia
Bought by
Vantran Can

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Interest Rate
10.49%

Purchase Details

Closed on
Jan 30, 1992
Sold by
Jarvis Ronald D and Kitto Robert W
Bought by
Neptune Phase Two

Purchase Details

Closed on
Jan 29, 1992
Sold by
Neptune Phase Two
Bought by
Woods William J
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,000,000 Stewart Title
Warranty Deed $795,000 Cw Title
Warranty Deed -- None Available
Warranty Deed -- Stewart Title
Deed In Lieu Of Foreclosure -- None Available
Warranty Deed $560,000 Ticor National
Warranty Deed -- --
Warranty Deed $265,000 Transnation Title Insurance
Quit Claim Deed -- --
Warranty Deed $78,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $180,000 Seller Take Back
Previous Owner $336,000 No Value Available
Previous Owner $55,000 No Value Available
Previous Owner $198,750 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2024 11/08/24 Sold $1,000,000 -9.1% $926 / Sq Ft
10/17/2024 10/17/24 Pending -- -- --
07/24/2024 07/24/24 For Sale $1,100,000 +38.4% $1,019 / Sq Ft
08/31/2020 08/31/20 Sold $795,000 0.0% $736 / Sq Ft
07/04/2020 07/04/20 Pending -- -- --
06/22/2020 06/22/20 For Sale $795,000 +381.8% $736 / Sq Ft
03/08/2012 03/08/12 Sold $165,000 0.0% $76 / Sq Ft
02/27/2012 02/27/12 Pending -- -- --
02/16/2012 02/16/12 For Sale $165,000 -- $76 / 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 $9,176 $787,000 $786,000 $1,000
2023 $8,903 $787,000 $786,000 $1,000
2022 $8,992 $839,400 $838,400 $1,000
2021 $9,292 $839,400 $838,400 $1,000
2020 $8,154 $839,400 $838,400 $1,000
2018 $7,215 $629,800 $628,800 $1,000
2017 $5,457 $629,800 $628,800 $1,000
2016 $5,476 $472,600 $471,600 $1,000
2015 $5,288 $472,600 $471,600 $1,000
2014 -- $472,600 $471,600 $1,000
2013 -- $472,600 $471,600 $1,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2267021

Northwest Multiple Listing Service (NWMLS)

APN: 144350-0045