Listed by Homes & Equity Real Estate Grp, Bought with Alpine Real Estate, LLC
NOT LISTED FOR SALE

3242 S 161st St Seatac, WA 98188

Estimated Value: $348,000 - $1,436,000

0.2 Acre
$4,783,115 Price per Acre
8,712 Sq Ft Lot

Last Sold July 13, 2018

Last sale price $240,000 $533 Per Sq Ft

Est. 299% increase in value since last sale

Current estimated payment $6,362/month

31 Days on Market

About This Lot

As of July 2018

Land in prime location,UM 2400 zoning(urban High Density) easy to build on.The land is sub dividable to 2 lots.1 block to Intern BLVD & Airport. The small old house has now been demo & removed so now its ready for your imagination, Airbnb? sewer/water(capped).lot is surveyed. New chain link fence installed.Per City of SeaTac: A)you can build a 3 story Triplex building(Mx H is 40'). B)subdivide to 2 single family lots and build 2 houses or C)build 1 house (Buyer can verify with the City these)

Last Agent to Sell the Property

Brian Dadvar

Homes & Equity Real Estate Grp License #16221 Listed on: 05/16/2018

Homes & Equity Real Estate Grp

Last Buyer's Agent

Yvonne Bui

Alpine Real Estate, LLC License #81314

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1291193

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,184

Lot Details

Additional Features

  • Territorial Views
  • Level Lot

Community Details

  • Seatac Community

Listing and Financial Details

  • Assessor Parcel Number 5379801320

Property Details

Property Type

Land

Est. Annual Taxes

$15,184

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Brush
  • Style: 42 - Multi-Family
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: Paved
  • Road On Which Sideof Property: south
  • View: Territorial
  • Water Jurisdiction: Highline

Utilities

  • Electricity: In Street
  • Gas Available: In Street
  • Sewer: On Property
  • Water: On Property

Condo/Co-op/Association

  • Community Name: SeaTac

Schools

  • School District: HGL

Lot Info

  • General Zoning Classification: Multi-Family, Residential
  • Improvements: Fenced-Fully
  • Lot Details: Paved Street
  • Lot Dimensions: 75' x 116'
  • Lot Sq Ft: 8700
  • Parcel Number: 5379801320
  • Survey: Crones Land Surveying.
  • Topography: Level, Rolling
  • Zoning Jurisdiction: City
  • Zoning Remarks: UM-2400

Tax Info

  • Tax Amount: 1605

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2018
Closed on
Jul 10, 2018
Sold by
53Rd Avenue West Llc
Bought by
Castle Development Llc
Seller's Agent
Brian Dadvar
Homes & Equity Real Estate Grp
Buyer's Agent
Yvonne Bui
Alpine Real Estate, LLC
List Price
$255,000
Sold Price
$240,000
Premium/Discount to List
-$15,000
-5.88%
Current Estimated Value
$956,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$716,623
Avg. Annual Appreciation
19.22%

Purchase Details

Listed on
Jul 29, 2016
Closed on
Aug 25, 2016
Sold by
Thayer Robert J and Thayer Robert
Bought by
53Rd Avenue West Llc
Seller's Agent
Caprice Davis
Windermere RE/South, Inc.
Buyer's Agent
Brian Dadvar
Homes & Equity Real Estate Grp
List Price
$15,000
Sold Price
$150,000
Premium/Discount to List
$135,000
900%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.75%

Purchase Details

Closed on
Apr 20, 2012
Sold by
Thayer Kim
Bought by
Thayer Robert

Purchase Details

Closed on
Feb 10, 1998
Sold by
Erickson Jerry E and Erickson Nancy K
Bought by
Thayer Robert J and Thayer Kim P

Purchase Details

Closed on
Dec 8, 1994
Sold by
Erickson Jerry E
Bought by
Erickson Jerry E and Erickson Nancy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,500
Interest Rate
8.74%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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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
Castle Development Llc $240,000 Chicago Title
53Rd Avenue West Llc $150,000 Old Republic
Thayer Robert -- None Available
Thayer Robert J $54,000 Transnation Title Insurance
Erickson Jerry E -- First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Erickson Jerry E $45,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2018 07/13/18 Sold $240,000 -5.9% $533 / Sq Ft
06/16/2018 06/16/18 Pending -- -- --
05/16/2018 05/16/18 For Sale $255,000 +70.0% $567 / Sq Ft
09/02/2016 09/02/16 Sold $150,000 +900.0% $333 / Sq Ft
08/03/2016 08/03/16 Pending -- -- --
07/29/2016 07/29/16 For Sale $15,000 -- $33 / 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
2024 $15,184 $1,420,000 $185,000 $1,235,000
2023 $13,158 $1,207,000 $170,000 $1,037,000
2022 $12,922 $1,240,000 $179,000 $1,061,000
2021 $1,848 $1,071,000 $156,000 $915,000
2020 $1,820 $137,000 $137,000 $0
2018 $1,432 $104,000 $104,000 $0
2017 $1,413 $94,000 $94,000 $0
2016 $1,317 $85,000 $85,000 $0
2015 $1,251 $91,000 $81,000 $10,000
2014 -- $83,000 $73,000 $10,000
2013 -- $76,000 $66,000 $10,000
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Brian Dadvar

    Homes & Equity Real Estate Grp

    (206) 650-6770

    Brian Dadvar
    Section Image

  • Y

    Buyer's Agent in 2018

    Yvonne Bui

    Alpine Real Estate, LLC

    (206) 280-2272

    1 in this area

    13 Total Sales

    Yvonne Bui
    Section Image

  • C

    Seller's Agent in 2016

    Caprice Davis

    Windermere Corporate

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1291193

Northwest Multiple Listing Service (NWMLS)

APN: 537980-1320

Washington King County Seatac 98188

3242 S 161st St, Seatac, WA

This home is located at 3242 S 161st St, Seatac, WA 98188 since 16 May 2018 and is currently estimated at $956,623, approximately $2,125 per square foot. 3242 S 161st St is a home located in King County with nearby schools including McMicken Heights Elementary School, Chinook Middle School, and Tyee High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) 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. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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