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12703 Southeast 163rd Street

12703 Southeast 163rd Street, Renton, WA 98058
Property in Cascade
Sold Jul 20, 2021
$450,000
$360,000 by Finance Of America Mortgage Ll
Mortgage Due Aug 01, 2051
Sold Jul 20, 2021
$450,000
12703 Southeast 163rd Street in Renton, WA was first built in 1962 and is 62 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 12703 Southeast 163rd Street has 1,730 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 720 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 7,939 square feet.

Learn more about the property and building on this page. There is a unknown. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 290 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as good. As for heating, the home is utilizing a forced air unit and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 12703 Southeast 163rd Street sold most recently in May 20, 2021 for a total of $450,000. If you work out the math, that's approximately a cost of $222.77 per sqft. Before that, the property was also sold for $450,000 in May 20, 2021. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $5,608 in taxes each year. 12703 Southeast 163rd Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $519,000. If we break it down further, the land itself was valued at $240,000. Improvements to the property, however, were assessed at a total of $279,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 720
  • Garage Type: Attached
  • Garage Square Area: 290
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,939
  • Total Building Area: 2,020
  • Gross Building Area: 2,020
  • Building Area: 1,730
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,730
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CASCADE VISTA NO. 07
  • Land Acres: 0.182
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CASCADE VISTA # 7 PLAT BLOCK: 4 PLAT LOT: 1

Ownership

  • Current Owner : HE FENG YIN
  • Current Owner 2: AHRNES JAE YC
  • Previous Owner : HOU JUN
  • Owner Before Previous Owner: JUN HOU
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Renton School District
  • Census Tract: 025804

Zoning

  • Zoning: R-6

Geography

  • Account Number: 143310030000
  • District: RENTON
  • Parcel: 143310-0300
  • Block: 4
  • Lot: 1
  • Meridian: SEC 28 TWN 23 RNG 05
  • Municipality: RENTON
  • Latitude: 47.4574
  • Longitude: -122.172

    Address

  • Full Address: 12703 Se 163rd St
  • Address - House Number: 12703
  • Street Direction: SE
  • Address - Street Name: 163rd
  • Address - Suffix Type: St
  • State: WA
  • City Name: Renton
  • Carrier Code: C081
  • 4-Digit Zip Code: 5521
  • Zip Code: 98058

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $5,608
  • Tax Rate Code Area: 2128

    Appraisal Valuation

  • Standard Deviation: 0.163
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 79
  • Final Value: 601,659
  • High Value: 699,730
  • Low Value: 503,588

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $360,000
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: Jul 20, 2021
  • First Open Lien Mortgage Loan Amount: $360,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $519,000
  • Market Land Value: $240,000
  • Market Improvement Value: $279,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $519,000
  • Assessed Land Value: $240,000
  • Assessed Improvements Value: $279,000

    Sales

  • Current Sale Contract Date: May 20, 2021
  • Current Sale Recording Date: Jul 20, 2021
  • Current Sale Transaction ID: 11843610217
  • Current Sale Price: $450,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210720000952
  • Previous Sale Recording Date: Jul 20, 2021
  • Previous Sale Contract Date: May 20, 2021
  • Previous Sale Amount: $450,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Jul 20, 2021
  • First Mortgage Loan Amount: $360,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

About Cascade-Fairwood



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Frequently Asked Questions

What neighborhood is 12703 Southeast 163rd Street located in?
The 12703 Southeast 163rd Street is a located in the neighborhood of Cascade in Cascade-Fairwood, Renton.
What is the average sales price for listings in 12703 Southeast 163rd Street?
The average sales price for units in 12703 Southeast 163rd Street is $0 currently.

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