Listed by Gateway Real Estate, Bought with Kelly Right RE of Seattle LLC
NOT LISTED FOR SALE

Estimated Value: $268,808 - $658,000

0.34 Acre
$1,288,990 Price per Acre
14,749 Sq Ft Lot

Last Sold March 17, 2017

Last sale price $70,000 $16 Per Sq Ft

Est. 524% increase in value since last sale

Current estimated payment $2,458/month

400 Days on Market

About This Lot

As of March 2017

Majestic views of Moutain, City, River, and Golf Course await you in Morningview Estates. Enjoy quiet solitude without sacrificing the local conveniences you count on. Stunning gated community filled with luxury residences. Build the home you've dreamed about on this highly sought after view lot.

Last Agent to Sell the Property

Bill Riley

Gateway Real Estate License #8223 Listed on: 01/20/2016

Gateway Real Estate

Last Buyer's Agent

Tim Paulsen

Kelly Right RE of Seattle LLC License #84534

Kelly Right RE of Seattle LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 886487

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,638

Lot Details

  • 0.34 Acre Lot
  • Sloped Lot

Property Views

  • City
  • Mountain
  • Territorial

Schools

  • Emerald Ridge High School

Utilities

  • Sewer in Street

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 6024080100

Community Details

Overview

  • Association fees include common area maintenance
  • Morningview Ridge Condos
  • Sunrise Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,638

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 40 - Res-Less thn 1 Ac
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Morningview Ridge
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • PropertyFeatures: Lightly Treed
  • Restrictions: CC&R
  • Improvements: Cable TV Available
  • Special Features: None

Interior Features

  • Possible Use: Retail
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • View: City, Mountain(s), Territorial
  • Lot Features: Paved
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: Paved
  • WaterJurisdiction: City of Tacoma

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: In Street
  • Water Source: In Street
  • Electricity On Property: Yes
  • Utilities: Common Area Maintenance, Natural Gas Available, Electricity Connected
  • ElectricityStatus: In Street
  • GasStatus: In Street

Condo/Co-op/Association

  • Community Features: CCRs, Gated
  • Senior Community: No
  • Association Fee: 35

Fee Information

  • Association Fee Includes: Common Area Maintenance

Schools

  • Junior High Dist: Puyallup
  • High School: Emerald Ridge High

Lot Info

  • Parcel Number: 6024080100
  • Topography: Sloped
  • Lot Size Acres: 0.3386
  • Lot Size: 14750
  • Lot Size Sq Ft: 14750
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: 14750
  • ZoningJurisdiction: County
  • ZoningClass: Retail
  • LotNumber: 10

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2015
  • Tax Annual Amount: 1638

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2016
Closed on
Mar 15, 2017
Sold by
Brc Family Llc
Bought by
Sanders Malcolm
Seller's Agent
Bill Riley
Gateway Real Estate
Buyer's Agent
Tim Paulsen
Kelly Right RE of Seattle LLC
List Price
$129,950
Sold Price
$70,000
Premium/Discount to List
-$59,950
-46.13%
Current Estimated Value
$436,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$366,452
Avg. Annual Appreciation
23.38%

Purchase Details

Closed on
May 12, 2011
Sold by
Madrona South Llc
Bought by
Brc Family Llc

Purchase Details

Closed on
May 3, 2011
Sold by
Federal Deposit Insurance Corporation
Bought by
Madrona South Llc

Purchase Details

Closed on
Oct 1, 2009
Sold by
Village Oaks Builders Llc
Bought by
City Bank

Purchase Details

Closed on
Nov 23, 2004
Sold by
Bright Haven Builders Llc
Bought by
Village Oaks Builders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,912,000
Interest Rate
5.65%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 24, 2003
Sold by
Morningview Ii Llc
Bought by
Bright Haven Builders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,945,250
Interest Rate
5.54%
Mortgage Type
Construction
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
Sanders Malcolm $69,719 Cw Title
Brc Family Llc -- Accommodation
Madrona South Llc $310,000 None Available
City Bank -- None Available
Village Oaks Builders Llc $2,080,000 First American Title Ins Co
Bright Haven Builders Llc -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Village Oaks Builders Llc $6,912,000
Previous Owner Bright Haven Builders Llc $2,945,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2017 03/17/17 Sold $70,000 -46.1% $16 / Sq Ft
02/24/2017 02/24/17 Pending -- -- --
01/20/2016 01/20/16 For Sale $129,950 -- $30 / 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
2025 $1,915 $213,500 $213,500 --
2024 $1,915 $203,400 $203,400 --
2023 $1,915 $199,200 $199,200 $0
2022 $1,963 $209,200 $209,200 $0
2021 $2,228 $186,200 $186,200 $0
2019 $1,848 $161,900 $161,900 $0
2018 $2,002 $152,900 $152,900 $0
2017 $1,831 $147,500 $147,500 $0
2016 $1,664 $116,600 $116,600 $0
2014 $1,390 $110,800 $110,800 $0
2013 $1,390 $96,600 $96,600 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 886487

Northwest Multiple Listing Service (NWMLS)

APN: 602408-0100