Sold

Listed by: Westlake Associates, Inc. • Reid Jones

Bought with: Momentum Venture Partners LLC

$815,000

11824 Des Moines Memorial Drive S, Seattle, WA 98168

4beds

3baths

2,260sqft

Duplex, Multi Family

Built in 1948

-- sqft lot

$785,900 Zestimate^®

$361/sqft

$2,810 Estimated rent

Home value

$785,900

$747,000 - $825,000

$2,810/mo

Zestimate^® history

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$2,810/mo

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$4,990/mo

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$4,990/mo

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What's special

The Rainier Golf Fourplex offers the chance to purchase two side-by-side duplexes with garage access. This lot is prime for future redevelopment. Please review the marketing package found in the supplemental documents for further details. • Strong redevelopment opportunity with intermediate value-add investment potential • Insurance Bid in-hand for next Buyer • RM-48 Zoning allows for 48 Units or Townhomes per net acre • Density allows for the development of 16 Townhomes (Buyer to verify) • Easy Access to cities of Burien, SeaTac and Seattle • Located on Metro Busline and within close proximity to the Light Rail Stations • Close proximity to major roadways of Hwy 509, Hwy 99 and Interstate 5

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3

Heating

Forced Air, Electric

Cooling

None

Features

Flooring: Vinyl Plank, Carpet
Has fireplace: No

Interior area

Total structure area: 2,260
Total interior livable area: 2,260 sqft

Property

Parking

Total spaces: 7
Parking features: Open
Covered spaces: 2
Uncovered spaces: 3

Features

Patio & porch: Wall to Wall Carpet

Lot

Size: 0.34 Acres
Features: Dead End Street

Details

Parcel number: 0985000462
Zoning description: Jurisdiction: City
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Duplex
Property subtype: Duplex, Multi Family

Materials

Wood Siding
Roof: Composition

Condition

Year built: 1948

Utilities & green energy

Sewer: Sewer Connected

Community & HOA

Community

Subdivision: Boulevard Park

Location

Region: Seattle

Financial & listing details

Price per square foot: $361/sqft
Tax assessed value: $637,000
Annual tax amount: $6,401
Date on market: 9/17/2024
Cumulative days on market: 673 days
Listing terms: Conventional

Price history

Date	Event	Price
10/31/2024	Sold	$815,000$361/sqft
Source: NWMLS as distributed by MLS GRID #2269551 Report a problem
10/7/2024	Pending sale	$815,000$361/sqft
Source: NWMLS as distributed by MLS GRID #2269551 Report a problem
9/25/2024	Price change	$815,000-8.9%$361/sqft
Source: NWMLS as distributed by MLS GRID #2269551 Report a problem
7/24/2024	Listed for sale	$895,000+54.3%$396/sqft
Source: NWMLS as distributed by MLS GRID #2269551 Report a problem
1/20/2021	Sold	$580,000-5.7%$257/sqft
Source: NWMLS as distributed by MLS GRID #1617184 Report a problem
11/19/2020	Pending sale	$615,000$272/sqft
Source: NWMLS as distributed by MLS GRID #1617184 Report a problem
9/12/2020	Price change	$615,000-1.6%$272/sqft
Source: Windermere Real Estate/PSR, Inc. #1617184 Report a problem
8/21/2020	Listed for sale	$625,000$277/sqft
Source: Windermere Real Estate/PSR, Inc. #1617184 Report a problem
8/13/2020	Pending sale	$625,000$277/sqft
Source: Windermere Real Estate/PSR, Inc. #1617184 Report a problem
7/16/2020	Price change	$625,000-3.5%$277/sqft
Source: Windermere Real Estate/PSR, Inc. #1617184 Report a problem
7/3/2020	Price change	$648,000-4.7%$287/sqft
Source: Windermere Real Estate/PSR, Inc. #1617184 Report a problem
6/18/2020	Listed for sale	$680,000+719.3%$301/sqft
Source: Windermere Real Estate/PSR, Inc. #1617184 Report a problem
4/11/1996	Sold	$83,000$37/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,454 +6.5%	$637,000 +0.5%
2024	$7,000 +9.4%	$634,000 +14.2%
2023	$6,401 -1.5%	$555,000 -7.5%
2022	$6,501 +2.9%	$600,000 +16.3%
2021	$6,318 +9.5%	$516,000 +13.7%
2020	$5,769 +2.1%	$454,000 +1.1%
2019	$5,653 +0.4%	$449,000 -7.4%
2018	$5,631 +0%	$485,000 +19.8%
2017	$5,631 +42.5%	$405,000 +17.1%
2016	$3,950	$346,000 +15.3%
2015	$3,950	$300,000 +5.3%
2014	$3,950	$285,000 +16.3%
2013	$3,950	$245,000 +57.1%
2012	--	$156,000 -10.9%
2011	--	$175,000 -13.4%
2010	--	$202,000
2009	--	$202,000 +15.4%
2007	--	$175,000 +7.5%
2006	--	$162,750
2005	--	$162,750 +32.3%
2001	$1,631 +6.8%	$123,000 +10.8%
2000	$1,527	$111,000