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2916 S 220th St, Des Moines, WA, 98198

$539,988

Home List Price

$6,412*

Closing Credit

0 Baths
1,350 SqFt
$400/SqFt
House

Location

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2916 S 220th St, Des Moines$539,988

Buyer Closing Credits

$6,412*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

ParkingRV Parking
Year Built1965
HeatingBaseboard, Other
CoolingNone
ViewMountain(s), Partial
MLS #2308204
Lot Size0.17 Acres
StatusActive

About 2916 S 220th St

Excellent investment opportunity with a solid 6.3% CAP rate and $3500 in monthly rental income with room for future growth in Unit 2916. This corner lot rambler duplex on a PRC-zoned lot offers views of Puget Sound, quick access to I-5 and Hwy 99, nearby amenities and is just a block from new developments. Ideal for living in one unit while renting out the other or leasing both, this property offers the flexibility & strong returns. Both units are currently occupied with leases expiring by 7/25. Each unit featuring spacious beyond its SF, 2 beds, 1 bath, living/dining areas, W/D, private fenced yards, storage closets, soundproof windows, membrane roof & remodeled in 2020 & separate entrances. 8 parking spaces. DO NOT CONTACT TENANTS!

Property Details

Property Features

Property Information:

  • Year Built: 1965
  • Stories: 1
  • Living Area: 1,350 SqFt

Listing Office:

  • Office Name: Homes & Equity Real Estate Grp
  • Office Phone: (425) 401-0606
  • Listing Agent: Mo Abdi

Interior Features

Interior Information:

  • Flooring Type: Laminate, Vinyl
  • Interior: Laminate Hardwood

Exterior Features

Exterior Information:

  • View: Mountain(s), Partial
  • Exterior: Wood

Parking Information:

  • Parking: RV Parking

Lot Features

Lot Information:

  • Lot: Corner Lot, Dead End Street, Paved
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Other
  • Cooling: None

Other

Directions Information:

  • Directions: From Pacific Hwy S (99), head east on 220th St. Property on left side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $539,988
  • Price Per SqFt: $400/SqFt

Tax Information:

  • Annual Amount: $4,622
  • 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

$364

Avg. Days On Market

46

# of Sold Homes

22

2916 S 220th St vs Des Moines

42 DAYS ON ROCKET

-4 Days

$539,988

-$60K Less

$400/SqFt

+$36 More

KEY TAKEAWAY

This property is $60K less than the Median Sold Price and $36/SqFt more 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: #2308204

Listing Office:

  • Office Name: Homes & Equity Real Estate Grp
  • Office Phone: (425) 401-0606
  • Listing Agent: Mo Abdi

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: 12/18/2024, 1:47:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 09, 2020Home Sold
$407,000
Jul 10, 2012Home Sold
$114,000
Nov 29, 2004Home Sold
$227,000
Dec 10, 1999Home Sold
$134,950
Oct 28, 1991Home Sold
$90,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,622$332,000
2018$3,976$308,000
2017$4,191$278,000

History based on county public records data.

Payment Calculator

$2,763

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,685

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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-4464830
3
/10

  • Midway Elementary School

  • 22447 24th Ave S

  • 0.51 miles

  • Public District Grades KG-5

school-card-donut-4464831
2
/10

  • Madrona Elementary School

  • 20301 32nd Ave S

  • 1.07 miles

  • Public District Grades KG-5

school-card-donut-4464832
3
/10

  • Des Moines Elementary School

  • 22001 9th Ave S

  • 1.42 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 $34,310. The majority of Des Moines, WA residents have income less than $35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2916 S 220th St

What is the listing price of this property?

The listing price of 2916 S 220th St property is $539,988.

What type of property is this?

The property 2916 S 220th St is a house located in Des Moines, Washington, 98198.

Is this property for sale now?

Active Listing: 2916 S 220th St 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 $4,622 (source: MLS/based on county public records data).

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

The last sale was on November 9, 2020 for $407,000. (source: MLS/tax record).

What is the square footage of this property?

The property 2916 S 220th St is 1,350 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2916 S 220th St is 1965.

Rocket Homes›Washington›King County›Des Moines›98198›2916 S 220th St

This home is located at 2916 S 220th St in Des Moines, WA and zip code 98198 in the Pacific Ridge neighborhood. This 1,350 square foot home, which was built in 1965, sits on a 0.17 acre lot. It has been listed on Rocket Homes since November 06, 2024 and is currently priced at $539,988.

While more than 8 listings in Des Moines, WA in November 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 8 were sold below. In November 2024 in Des Moines, WA there were 9.9% less homes for sale than in October 2024. Listings spent 46 days on the market in November 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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