NOT LISTED FOR SALE

12627 State Route 162 E Puyallup, WA 98374

Estimated Value: $1,297,961

2.63 Acres
$493,521 Price per Acre
114,563 Sq Ft Lot

Last Sold January 30, 2019

Last sale price $850,000 $747 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $8,370/month

369 Days on Market

Highlights

  • Territorial View
  • Maple Lawn Elementary School Rated A-
  • Level Lot

About This Lot

As of January 2019

This is a rare opportunity to purchase one of the few commercial properties in the Sumner-Orting valley. This 2.6+ acres is at the corner of SR 162 and 128th Street E. This will become one of the busiest intersections in the Valley once the road extension from one of the Largest Employment communities in the state TEHALEH is completed ! The Zoning is RNC, it allows for numerous businesses and Commercial uses: Nursing Homes, Offices, Eating and drinking establishments, automotive services !

Last Agent to Sell the Property

Mark Stanfield

Terrafin License #14438 Listed on: 09/30/2016

Terrafin

Last Buyer's Agent

Mark Stanfield

Terrafin License #14438 Listed on: 09/30/2016

Terrafin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1036759

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $112,508

Lot Details

Additional Features

  • Territorial Views
  • Level Lot
  • Sewer Not Available

Community Details

  • Mcmillin Community

Listing and Financial Details

  • Assessor Parcel Number 0419124016

Property Details

Property Type

Land

Est. Annual Taxes

$112,508

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Pasture Land
  • Style: 43 - Comm/Industrial
  • Restrictions: Unknown
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: County Right of Way
  • Road On Which Sideof Property: West
  • View: Territorial
  • Water Jurisdiction: Public

Utilities

  • Electricity: On Property
  • Gas Available: Not Available
  • Septic System Installed: Y
  • Sewer: Not Available
  • Water: On Property

Condo/Co-op/Association

  • Community Name: McMillin

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: SUM

Lot Info

  • General Zoning Classification: Business, Commercial, Retail
  • Lot Details: Paved Street
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 114563
  • Parcel Number: 0419124016
  • Topography: Level
  • Zoning Jurisdiction: County
  • Zoning Remarks: RNC

Tax Info

  • Tax Amount: 3313

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2024
Sold by
Pacific Storage Partners Llc
Bought by
Department Of Transportation
Current Estimated Value
$1,297,961

Purchase Details

Closed on
Nov 11, 2020
Sold by
Meridian 188 Llc
Bought by
Pacifc Storage Partners Llc

Purchase Details

Listed on
Sep 30, 2016
Closed on
Jan 25, 2019
Sold by
Piper Francis E and Piper Patricia A
Bought by
Meridian 188 Llc
Seller's Agent
Mark Stanfield
Terrafin
Buyer's Agent
Mark Stanfield
Terrafin
List Price
$895,000
Sold Price
$850,000
Premium/Discount to List
-$45,000
-5.03%

Purchase Details

Closed on
Oct 13, 1995
Sold by
Piper Stella Mildred and Piper Mildred Stella
Bought by
Piper Francis E and Piper Patricia A
Source: Public Records

Range of Values:

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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
Department Of Transportation -- None Listed On Document
Pacifc Storage Partners Llc -- Chicago Title
Meridian 188 Llc $849,032 First American Title
Piper Francis E $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pacific Storage Partners Llc $6,300,000
Previous Owner Pacific Storage Partners Llc $8,850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2019 01/30/19 Sold $850,000 -5.0% $747 / Sq Ft
10/05/2017 10/05/17 Pending -- -- --
09/30/2016 09/30/16 For Sale $895,000 -- $786 / 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 $112,508 $9,900 $9,900 --
2024 $112,508 $178,700 $178,700 $8,129,900
2023 $112,508 $8,412,800 $1,230,300 $7,182,500
2022 $10,190 $6,439,200 $1,165,900 $5,273,300
2021 $3,228 $231,400 $231,400 $0
2019 $3,931 $206,200 $206,200 $0
2018 $3,696 $278,900 $198,100 $80,800
2017 $3,511 $233,500 $156,900 $76,600
2016 $3,057 $207,100 $142,300 $64,800
2014 $2,783 $182,900 $122,900 $60,000
2013 $2,783 $161,800 $107,800 $54,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1036759

Northwest Multiple Listing Service (NWMLS)

APN: 041912-4016