Listed by Marketplace Sotheby's Intl Rty, Bought with Kelly Right RE of Seattle LLC
NOT LISTED FOR SALE

16305 60th St E Sumner, WA 98390

Estimated Value: $464,497 - $659,000

0.87 Acre
$619,395 Price per Acre
37,897 Sq Ft Lot

Last Sold April 22, 2022

Last sale price $545,000 $486 Per Sq Ft

Current estimated payment $3,309/month

70 Days on Market

Highlights

  • 0.87 Acre Lot
  • Territorial View
  • Open Space
  • Sumner Middle School Rated A-
  • No HOA
  • Garage

About This Lot

As of April 2022

Short plat with 4 lots ready to be built. Recent zoning change allows High Density Residential allowing up to 40 units per acre with a 45' height limit. Sewer, electricity and natural gas service the existing house. Great location near downtown Sumner. House will need to be torn down to build and it is livable. Rent the house out while you apply for permits.

Last Agent to Sell the Property

Elisabeth Blalock

Marketplace Sotheby's Intl Rty License #50234 Listed on: 01/05/2022

Marketplace Sotheby's Intl Rty

Co-Listed By

Michael Blalock

Marketplace Sotheby's Intl Rty License #123086

Last Buyer's Agent

Ravichandra Sriram

Kelly Right RE of Seattle LLC License #121594

Kelly Right RE of Seattle LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1875877

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,100

Lot Details

  • 0.87 Acre Lot
  • Open Space
  • Level Lot
  • Zoning described as LDR-85/HDR

Parking

  • Garage

Property Views

  • Territorial Views

Community Details

  • No Home Owners Association
  • Sumner Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9225000545

Property Details

Property Type

Land

Est. Annual Taxes

$8,100

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 42 - Multi-Family
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • Restrictions: Unknown
  • Improvements: Dwelling,Garage
  • Special Features: None
  • Cumulative Days on Market: 1,263

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • View: Territorial
  • Lot Features: Open Space, Paved
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront: No
  • Structure Type: Multi Family
  • RoadInformation: County Maintained,Paved
  • RoadOnWhichSide: South
  • Easements: Road easement for four lots, See Plat

Garage/Parking

  • Carport Y N: No
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Sewer: Available, On Property
  • Water Source: Available, In Street, On Property
  • Electricity On Property: Yes
  • Utilities: Natural Gas Available, Electricity Connected
  • ElectricityStatus: On Property
  • GasStatus: On Property

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Sumner-Bonney Lake

Lot Info

  • Parcel Number: 9225000545
  • Topography: Level
  • Lot Size Acres: 0.87
  • Lot Size Sq Ft: 37897
  • Zoning Description: LDR-85/HDR
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Seller
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021
  • Tax Annual Amount: 8100
  • AdditionalTaxIds: 9225000542,9225000543,9225000544

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2017
Sold by
Mackinnon Jason B
Bought by
J & J Endeavors Llc
Current Estimated Value
$544,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 12, 2010
Sold by
Gmac Mortgage Llc
Bought by
Paradise Builders Inc

Purchase Details

Closed on
Sep 2, 2009
Sold by
Thomas Charles L
Bought by
Gmac Mortgage Llc and Gmac Mortgage Corporation

Purchase Details

Closed on
Oct 18, 2006
Sold by
Marzolf Kim
Bought by
Thomas Charles L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 2005
Sold by
Epley Lisa
Bought by
Marzolf Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 16, 2004
Sold by
Heath Mike
Bought by
Epley Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,500
Interest Rate
5.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 3, 1996
Sold by
Taylor David M and Taylor Therese K
Bought by
Epley Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,450
Interest Rate
7.95%

Purchase Details

Closed on
Dec 28, 1993
Sold by
Taylor Therese K and Lamb Therese K
Bought by
Taylor David M and Taylor Therese K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,800
Interest Rate
7.38%
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
J & J Endeavors Llc -- Ticor Title
Paradise Builders Inc $76,900 First American Title Ins Co
Gmac Mortgage Llc $170,000 Accommodation
Thomas Charles L $380,000 Fidelity National Title
Marzolf Kim $235,500 Fatco
Epley Lisa -- Rtc
Epley Lisa $124,950 Rainier Title Company
Taylor David M -- Puget Sound Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sriram Ravichandra $218,000
Open Mackinnon Design And Development Corp $387,660
Closed J & J Endeavors Llc $226,400
Closed J & J Endeavors Llc $210,000
Closed J & J Endeavors Llc $175,000
Closed J&J Endea Vors Llc $175,000
Previous Owner Paradise Builders Inc $400,000
Previous Owner Thomas Charles L $304,000
Previous Owner Marzolf Kim $225,000
Previous Owner Epley Lisa $184,500
Previous Owner Epley Lisa $112,450
Previous Owner Taylor David M $57,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2022 04/22/22 Sold $545,000 -0.9% $486 / Sq Ft
03/16/2022 03/16/22 Pending -- -- --
02/22/2022 02/22/22 Price Changed $550,000 -8.3% $490 / Sq Ft
01/05/2022 01/05/22 For Sale $600,000 -- $535 / 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 $3,524 $395,300 $220,000 $175,300
2024 $3,524 $359,900 $201,600 $158,300
2023 $3,524 $340,200 $201,600 $138,600
2022 $3,748 $372,600 $221,300 $151,300
2021 $3,508 $265,800 $135,200 $130,600
2019 $2,765 $244,800 $112,300 $132,500
2018 $2,853 $221,100 $96,400 $124,700
2017 $2,325 $201,400 $79,400 $122,000
2016 $1,921 $153,600 $56,700 $96,900
2014 $1,757 $144,100 $59,300 $84,800
2013 $1,757 $130,700 $54,000 $76,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1875877

Northwest Multiple Listing Service (NWMLS)

APN: 922500-0545