Listed by HERE, Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

7608 129th Ave SE Renton, WA 98056

Estimated Value: $2,448,000 - $3,031,000

0.52 Acre
$5,318,446 Price per Acre
22,651 Sq Ft Lot

Last Sold December 13, 2021

Last sale price $1,130,000

Est. 145% increase in value since last sale

Current estimated payment $16,854/month

69 Days on Market

About This Lot

As of December 2021

TWO rare-to-find adjacent vacant lots on beautiful Lake Boren, one lake front with dock, the other behind it with amazing lake view. Unbeatable location – at the heart of the City of Newcastle, walking distance to the Lake Boren Park, shopping centers, restaurants, and library. Easy access to highways I-405 and I-90. Awarded Issaquah school district. Critical area, wetland, and geotech studies have been completed. Reasonable Use Exception application and the site plan have been approved by the City. House design and building plan have been submitted to the City for the building permit.

Last Agent to Sell the Property

Linghong Zhang

HERE License #113443 Listed on: 07/20/2021

Last Buyer's Agent

Faisal Qureshi

Skyline Properties, Inc. License #74935

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1811378

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $21,424

Lot Details

Additional Features

  • Level Lot
  • Sewer in Street

Community Details

  • Lake Boren Community

Listing and Financial Details

  • Assessor Parcel Number 3987700123

Property Details

Property Type

Land

Est. Annual Taxes

$21,424

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Style: 40 - Res-Less Thn 1 Ac
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: Access Easement

Utilities

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

Condo/Co-op/Association

  • Community Name: Lake Boren

Schools

  • School District: ISS

Lot Info

  • General Zoning Classification: Residential
  • Improvements: Fenced-Partially
  • Lot Sq Ft: 22609
  • Parcel Number: 3987700123
  • Topography: Level, Sloped
  • Zoning Jurisdiction: City

Tax Info

  • Year: 2021
  • Tax Amount: 8106

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2021
Closed on
Nov 15, 2021
Sold by
Tang Dajun and Zhang Linghong
Bought by
Hussain Kumail Manzour and Hussain Farees Masood
Seller's Agent
Linghong Zhang
HERE
Buyer's Agent
Faisal Qureshi
Skyline Properties, Inc.
List Price
$1,695,000
Sold Price
$1,130,000
Premium/Discount to List
-$565,000
-33.33%
Current Estimated Value
$2,765,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,635,592
Avg. Annual Appreciation
14.55%
Original Mortgage
$734,500
Outstanding Balance
$694,761
Interest Rate
4.62%
Mortgage Type
New Conventional
Estimated Equity
$1,175,888

Purchase Details

Closed on
May 8, 2018
Sold by
Paterson Robert M and Dana Patricia A
Bought by
Tang Dajun and Zhang Linghong

Purchase Details

Closed on
Dec 14, 2017
Sold by
Olson Alkire Charlotte and Olson Peter B
Bought by
Paterson Robert M and Dana Patricia A

Purchase Details

Closed on
Jul 16, 2003
Sold by
Paterson Mary A
Bought by
Paterson Robert M

Purchase Details

Closed on
May 22, 1991
Sold by
Olson Donald A and Olson Francella E
Bought by
Paterson Mary
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
Hussain Kumail Manzour $1,130,000 Old Republic Title Ltd
Tang Dajun $475,000 Old Republic Title Ltd
Paterson Robert M $36,000 None Available
Paterson Robert M -- --
Paterson Mary -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hussain Kumail Manzour $734,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2021 12/13/21 Sold $1,130,000 -33.3% --
09/27/2021 09/27/21 Pending -- -- --
07/20/2021 07/20/21 For Sale $1,695,000 -- --
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 $21,424 $2,359,000 $742,000 $1,617,000
2023 $6,753 $635,000 $627,000 $8,000
2022 $6,210 $771,000 $762,000 $9,000
2021 $4,574 $582,000 $573,000 $9,000
2020 $4,406 $392,000 $385,000 $7,000
2018 $4,252 $408,000 $401,000 $7,000
2017 $3,719 $359,000 $352,000 $7,000
2016 $3,578 $322,000 $315,000 $7,000
2015 $3,598 $305,000 $298,000 $7,000
2014 -- $301,000 $295,000 $6,000
2013 -- $270,000 $264,000 $6,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1811378

Northwest Multiple Listing Service (NWMLS)

APN: 398770-0123