Estimated payment $5,703/month
Exceptional Shoreline (MUR-35 Zoning) Moderate Density Housing Development Opportunity, as-is, redeveloped, & combined with adjacent property 17551 (see MLS #2424564). This 8,400sf level lot with 62' of street frontage on 12th Ave includes a 1,380sf, 3-bed, 1.75 bath, single-level residence. Solar panels convey upon request. Shoreline's new MUR-35 zoning allows for & encourages townhomes, ADUs, DADUs, duplexes, & small-scale multifamily residential development. Nearby transit minimizes parking requirements. Current residence offers great rental potential during development process. Combining with neighboring 17551 adds 9,426sf & 66' of street frontage for the greatest potential. Sample drawings available. Sewer, water, power, & gas on-site.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2425842
| 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 |
|---|---|---|---|---|
| 2024 | $7,994 | $727,000 | $726,000 | $1,000 |
| 2023 | $7,605 | $641,000 | $640,000 | $1,000 |
| 2022 | $6,643 | $661,000 | $507,000 | $154,000 |
| 2021 | $6,759 | $571,000 | $420,000 | $151,000 |
| 2020 | $5,484 | $530,000 | $366,000 | $164,000 |
| 2018 | $4,494 | $384,000 | $238,000 | $146,000 |
| 2017 | $3,397 | $352,000 | $220,000 | $132,000 |
| 2016 | $3,249 | $274,000 | $193,000 | $81,000 |
| 2015 | -- | $252,000 | $177,000 | $75,000 |
| 2014 | -- | $234,000 | $151,000 | $83,000 |
| 2013 | -- | $204,000 | $130,000 | $74,000 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/26/2025 08/26/25 | For Sale | $950,000 | +191.9% | $688 / Sq Ft |
| 06/16/2015 06/16/15 | Sold | $325,500 | 0.0% | $236 / Sq Ft |
| 05/15/2015 05/15/15 | Pending | -- | -- | -- |
| 05/13/2015 05/13/15 | Price Changed | $325,500 | -7.0% | $236 / Sq Ft |
| 04/20/2015 04/20/15 | For Sale | $349,950 | -- | $254 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $325,500 | Cw Title Co | |
| Warranty Deed | $121,500 | First American Title |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $276,675 | New Conventional | |
| Previous Owner | $109,350 | No Value Available |
Kathryn Kleber is founder and Managing Broker for Team RED Real Estate, headquartered in the Federal Way WA Keller Williams office.
Team RED stands for Resourceful, Experienced and Dedicated brokers working together to serve buyers and sellers in King, Pierce, and Kitsap Counties. Kathryn started Team RED in 2006 when she joined Keller Williams. She is currently in Maps Mastery Coaching and is an Expansion Explorer.
Kathryn’s primary area of specialization includes a custom
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Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2425842
APN: 616390-0941
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