Listed by Kidder Mathews, Bought with Redfin
NOT LISTED FOR SALE

Estimated Value: $1,106,000 - $1,384,172

0.38 Acre
$3,276,542 Price per Acre
16,553 Sq Ft Lot

Last Sold July 27, 2018

Last sale price $1,200,000

Est. 4% increase in value since last sale

Current estimated payment $7,472/month

266 Days on Market

About This Lot

As of July 2018

Located across the street from Sound Transit's Link Light Rail Rainier Beach Station. 16,392 SF flat site zoned LR2. Located within Rainier Beach Station Overlay District. Preliminary site plans for 14 townhomes or 44 multi-family units. Apartment units in the area averaging $2.30 NRSF. Additional information available upon request.

Last Agent to Sell the Property

Brian Richardson

Kidder Mathews License #78371 Listed on: 09/06/2017

Last Buyer's Agent

Brian Richards

Redfin License #112837

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1189573

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Lot Details

  • Corner Lot

Community Details

  • Rainier Beach Community

Listing and Financial Details

  • Assessor Parcel Number 2123700330

Property Details

Property Type

Land

Listing Details

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

Exterior Features

  • Road Information: Paved
  • Road On Which Sideof Property: East and South
  • Water Jurisdiction: City

Utilities

  • Electricity: Available
  • Gas Available: Available
  • Sewer: Available
  • Water: In Street

Condo/Co-op/Association

  • Community Name: Rainier Beach

Schools

  • School District: SEA

Lot Info

  • General Zoning Classification: Multi-Family
  • Improvements: Fenced-Partially
  • Lot Details: Corner Lot
  • Lot Sq Ft: 16392
  • Parcel Number: 2123700330
  • Zoning Jurisdiction: City
  • Zoning Remarks: LR2

Tax Info

  • Tax Amount: 1820

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2017
Closed on
Jun 15, 2018
Sold by
9041 48Th Llc
Bought by
Trillium Green Llc
Seller's Agent
Brian Richardson
Kidder Mathews
Buyer's Agent
Brian Richards
Redfin
List Price
$1,400,000
Sold Price
$1,200,000
Premium/Discount to List
-$200,000
-14.29%
Current Estimated Value
$1,245,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,086
Avg. Annual Appreciation
0.49%

Purchase Details

Closed on
Apr 30, 2014
Sold by
Saephanh Wern Cho and Saephanh Chiowsio
Bought by
9041 48Th Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4.38%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 28, 2003
Sold by
Ker Corp
Bought by
Saephanh Wern Cho and Saephanh Chiowsio

Purchase Details

Closed on
May 21, 1998
Sold by
Armstrong Nathaniel H and Armstrong Pearl M
Bought by
Ker Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
7.13%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Trillium Green Llc $1,200,000 Chicago Title
9041 48Th Llc $665,000 First American
Saephanh Wern Cho $200,000 Chicago Title
Ker Corp $105,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 9041 48Th Llc $2,000,000
Previous Owner 9041 48Th Llc $2,000,000
Previous Owner Ker Corp $78,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2018 07/27/18 Sold $1,200,000 -14.3% --
05/31/2018 05/31/18 Pending -- -- --
03/23/2018 03/23/18 For Sale $1,400,000 0.0% --
01/27/2018 01/27/18 Pending -- -- --
09/06/2017 09/06/17 For Sale $1,400,000 -- --
Source: Northwest Multiple Listing Service (NWMLS)

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 $12,694 $1,272,000 $1,272,000 --
2023 $9,735 $1,082,000 $1,082,000 $0
2022 $8,870 $1,082,000 $1,082,000 $0
2021 $8,464 $903,000 $903,000 $0
2020 $8,266 $820,000 $820,000 $0
2018 $2,100 $188,000 $188,000 $0
2017 $1,820 $152,000 $152,000 $0
2016 $1,652 $134,000 $134,000 $0
2015 $1,429 $119,000 $119,000 $0
2014 -- $103,000 $103,000 $0
2013 -- $90,000 $90,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1189573

Northwest Multiple Listing Service (NWMLS)

APN: 212370-0330

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