2 months on rocket

22805 30th Ave S, Des Moines, WA, 98198

$1,995,000

Home List Price

$10,000*

Closing Credit

0 Baths
7,300 SqFt
$273/SqFt
House

Location

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22805 30th Ave S, Des Moines$1,995,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Year Built1968
HeatingRadiant
CoolingNone
MLS #2289656
Lot Size0.39 Acres
StatusActive

About 22805 30th Ave S

This 11-unit building presents the opportunity to acquire an in-place 5.8% current cap rate with operational up-side to reach a 6.7% market cap rate. The Buyer will further have the opportunity to assume the existing loan with an approximate balance of $1,170,000 at a 5% interest rate fixed until January 2031. The Vashon Vue consists of four classic and four renovated 1-bedroom/1-bathroom units, each 620 square feet, along with three 2-bedroom/1-bathroom units, each 780 square feet. The renovated units feature LVP flooring, formica countertops, stainless steel appliances, and a tasteful vanity package for the bathrooms.

Property Details

Property Features

Property Information:

  • Year Built: 1968
  • Stories: 3
  • Living Area: 7,300 SqFt

Listing Office:

  • Office Name: Paragon Real Estate Advisors
  • Office Phone: (206) 623-8880
  • Listing Agent: Michael Urquhart

Exterior Features

Exterior Information:

  • Exterior: Brick, Wood

Lot Features

Lot Information:

  • Lot Size: 0.39 Acres

Utilities

Utilities Information:

  • Heating: Radiant
  • Cooling: None

Other

Directions Information:

  • Directions: From downtown Seattle, take I-5 S to WA-516 W/Kent Des Moines Rd. Take exit 149 from I-5 S.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,995,000
  • Price Per SqFt: $273/SqFt

Tax Information:

  • Annual Amount: $21,675
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Des Moines, WA.

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Des Moines, WA

City

Med. Sold Price

$600K

Med. Price/SqFt

$366

Avg. Days On Market

39

# of Sold Homes

32

22805 30th Ave S vs Des Moines

69 DAYS ON ROCKET

+30 Days

$1,995,000

+$1.3M More

$273/SqFt

-$94 Less

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price and $94/SqFt less than other homes in Des Moines, WA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NWMLS
  • MLS Number: #2289656

Listing Office:

  • Office Name: Paragon Real Estate Advisors
  • Office Phone: (206) 623-8880
  • Listing Agent: Michael Urquhart

IDX Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.

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.

IDXThe data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.

DMCA Notice

Disclaimer: The information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 7:17:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 07, 2021Home Sold
$1,483,350
Sep 30, 1997Home Sold
$412,500
May 15, 1996Home Sold
$400,000

Tax History

YEARPROP. TAXASSESSMENT
2020$21,675$1,607,000
2018$16,468$1,312,000
2017$18,110$1,233,000

History based on county public records data.

Payment Calculator

$10K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,048

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-401901
3
/10

  • Midway Elementary School

  • 22447 24th Ave S

  • 0.44 miles

  • Public District Grades KG-5

school-card-donut-401902
3
/10

  • Des Moines Elementary School

  • 22001 9th Ave S

  • 1.10 miles

  • Public District Grades KG-5

school-card-donut-401903
3
/10

  • Parkside Elementary School

  • 2104 S 247th St

  • 1.26 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,919. The most common annual income of people living in Des Moines, WA is between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 22805 30th Ave S

What is the listing price of this property?

The listing price of 22805 30th Ave S property is $1,995,000.

What type of property is this?

The property 22805 30th Ave S is a house located in Des Moines, Washington, 98198.

Is this property for sale now?

Active Listing: 22805 30th Ave S is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $21,675 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 7, 2021 for $1,483,350. (source: MLS/tax record).

What is the square footage of this property?

The property 22805 30th Ave S is 7,300 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 22805 30th Ave S is 1968.

Rocket Homes›Washington›King County›Des Moines›98198›22805 30th Ave S

This home is located at 22805 30th Ave S in Des Moines, WA and zip code 98198 in the Pacific Ridge neighborhood. This 7,300 square foot home, which was built in 1968, sits on a 0.39 acre lot. It has been listed on Rocket Homes since September 13, 2024 and is currently priced at $1,995,000.

In October 2024, from all listings sold in Des Moines, WA there were more than 6 sold above asking price, over 16 sold below and more than 10 were sold right at the asked price. Between September 2024 and October 2024, Des Moines, WA real estate market has seen decrease in the number of listings by 1.6%. Listings spent 39 days on the market in October 2024, and had a median list price of $600,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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