Listed by Bonifield Group
NOT LISTED FOR SALE

Des Moines, WA 98198

Pacific Ridge Neighborhood

Estimated Value: $529,195

3 Beds
3 Baths
2,110 Sq Ft
$251/Sq Ft Est. Value

Last Sold August 15, 2014

Last sale price $243,500 $115 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $3,265/month

31 Days on Market

Highlights

  • Partially Fenced Property
  • Wall to Wall Carpet
  • 1-Story Property
  • Wood Siding

About This Home

As of August 2014

Great Triplex in Des Moines, 8 Parking Spaces, Semi Secluded, Projected Annual gross income = $27,300. or more. Newer Composition Roof (2006) Effective Cap Rate Approx. 7.69% if all units are rented out. Nearly Zero Vacancy. All Offers considered.

Last Agent to Sell the Property

Carl Berard

Bonifield Group Listed on: 06/09/2014

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 649677

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,526

Year Built

  • Built in 1981

Lot Details

  • 7,794 Sq Ft Lot
  • Street terminates at a dead end
  • Partially Fenced Property
  • Property is in average condition

Home Design

  • Triplex
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,110 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Outdoor Features

  • Outbuilding

Schools

  • Mount Rainier High School

Community Details

  • Des Moines Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2500600297

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,526

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1981
  • Buyer Agency Compensation: 1
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2110
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Slab
  • Property Condition: Average
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: PSE

Schools

  • Junior High Dist: Highline
  • High School: Mount Rainier High

Lot Info

  • Parcel Number: 2500600297
  • Lot Size Acres: 0.1789
  • Lot Size Sq Ft: 7794
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Outbuildings
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 9
  • LeasedItems: None
  • TotalMonthlyIncome: 2275

Tax Info

  • Year: 2014
  • Tax Annual Amount: 3526

Multi Family

  • Number Of Units Total: 3
  • Electric Expense: 360
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2022
Sold by
Central Puget Sound Regional Transit Aut
Bought by
State Of Washington Department Of Transportat
Current Estimated Value
$529,195

Purchase Details

Listed on
Jun 9, 2014
Closed on
Aug 14, 2014
Sold by
Jensen Esther E and Kelm Roger J
Bought by
Martemiak Vasilina
Seller's Agent
Carl Berard
Bonifield Group
List Price
$269,950
Sold Price
$243,500
Premium/Discount to List
-$26,450
-9.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.17%
Original Mortgage
$222,985
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 15, 2008
Sold by
Jensen Esther E
Bought by
Jensen Esther E and Kelm Roger J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,500
Interest Rate
5.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 1995
Sold by
Arnold Philip R and Arnold Kathleen J
Bought by
Jensen Arnold C and Jensen Esther E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,257
Interest Rate
8.46%
Mortgage Type
Assumption

Purchase Details

Closed on
Mar 15, 1993
Sold by
Arnold Virgil S and Arnold Helen J
Bought by
Arnold Philip R and Arnold Kathleen J
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
State Of Washington Department Of Transportat $313 None Listed On Document
Martemiak Vasilina $243,500 Fidelity Natio
Jensen Esther E -- Accommodation
Jensen Arnold C $125,500 Chicago Title Insurance Co
Arnold Philip R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martemiak Vasilina $222,985
Previous Owner Jensen Esther E $128,500
Previous Owner Jensen Arnold C $127,257
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2014 08/15/14 Sold $243,500 -9.8% $115 / Sq Ft
07/12/2014 07/12/14 Pending -- -- --
06/10/2014 06/10/14 For Sale $269,950 -- $128 / 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 $5,785 $135,000 $135,000 --
2023 $514 $122,000 $122,000 $0
2022 $465 $541,000 $117,000 $424,000
2021 $439 $433,000 $96,000 $337,000
2020 $425 $0 $0 $0
2018 $5,724 $0 $0 $0
2017 $4,715 $379,000 $47,000 $332,000
2016 $4,410 $312,000 $43,000 $269,000
2015 $4,151 $297,000 $40,000 $257,000
2014 -- $277,000 $38,000 $239,000
2013 -- $215,000 $35,000 $180,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2014

    Carl Berard

    Bonifield Group

    Section Image
See All Agents

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 649677

Northwest Multiple Listing Service (NWMLS)

APN: 250060-0297

Washington King County Des Moines 98198

Pacific Ridge

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

Nearby Homes