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16416 8th Avenue Southwest

16416 8th Avenue Southwest, Seattle, WA 98166
Property in King
Sold Jul 25, 2023
$619,000
$607,788 by Guaranteed Rate, Inc.
Mortgage Due Aug 01, 2053
Sold Aug 05, 2022
$350,000
$431,800 by Vontive Inc
Mortgage Due Sep 01, 2023
16416 8th Avenue Southwest in Seattle, WA was first built in 1951 and is 73 years old. Although, the building on the property was most recently renovated and altered in 2022. 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, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 16416 8th Avenue Southwest has 1,540 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 770 sqft and has been categorized as a full basement with daylight. In total, the area measurement of the land is 6,870 square feet.

Learn more about the property and building on this page. 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 carport. The garage is 250 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 D. The condition of the building has been evaluated as average. As for heating, the home is utilizing a forced air unit and being fueled with gas. The property was last sold in Jul 11, 2023 for $619,000. That's $401.95 per sqft. Prior to that sales transaction, the property was also sold in Aug 4, 2022 for $350,000. 16416 8th Avenue Southwest was last assessed in 2023. The total value of the property was assessed at $635,000. Specifically, the land the property is located on was valued at $236,000. While improvements on the property were assessed at a total of $399,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $7,395. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 2022
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: D
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement with daylight
  • Basement Area: 770
  • Garage Type: Carport
  • Garage Square Area: 250
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,870
  • Total Building Area: 1,540
  • Gross Building Area: 1,540
  • Building Area: 1,540
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,540
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LATHROPS JAMES A TRS
  • Land Acres: 0.158
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LATHROPS JAMES A TRS UNREC POR BEG AT NW COR TH E 121.62 FT TH S 15 DEG 38 MIN 36 SEC E 65 FT TH W TO E LN OF 8TH AVE SW AT A PT 60 FT S OF POB TH NLY TO POB

Ownership

  • Current Owner : LYONS JULIO
  • Current Owner 2: LYONS DANIELLE
  • Previous Owner : ELYSIUM 16416 LLC
  • Owner Before Previous Owner: HELLOW PAUL E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Highline School District
  • Census Tract: 027901

Zoning

  • Zoning: RS-7200

Geography

  • Account Number: 419740001005
  • District: BURIEN
  • Parcel: 419740-0010
  • Lot: 2
  • Meridian: SEC 30 TWN 23 RNG 04
  • Municipality: BURIEN
  • Latitude: 47.4556
  • Longitude: -122.344

    Address

  • Full Address: 16416 8th Ave Sw
  • Address - House Number: 16416
  • Street Segment Direction: SW
  • Address - Street Name: 8th
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Burien
  • Carrier Code: C045
  • 4-Digit Zip Code: 2916
  • Zip Code: 98166

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $7,395
  • Tax Rate Code Area: 0937

    Appraisal Valuation

  • Standard Deviation: 0.1668
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 569,946
  • High Value: 665,058
  • Low Value: 474,833

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $631,681
  • First Open Lien Mortgage Lender: GUARANTEED RATE, INC.
  • First Open Lien Mortgage Recording Date: Jul 25, 2023
  • First Open Lien Mortgage Loan Amount: $607,788
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2053
  • Second Open Lien Mortgage Lender: WASHINGTON STATE HOUSING FIN
  • Second Open Lien Mortgage Recording Date: Jul 25, 2023
  • Second Open Lien Mortgage Loan Amount: $23,893
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2053

    Market Valuation

  • Market Total Value: $635,000
  • Market Land Value: $236,000
  • Market Improvement Value: $399,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $635,000
  • Assessed Land Value: $236,000
  • Assessed Improvements Value: $399,000

    Sales

  • Current Sale Contract Date: Jul 11, 2023
  • Current Sale Recording Date: Jul 25, 2023
  • Current Sale Transaction ID: 11909902681
  • Current Sale Price: $619,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 594
  • Previous Sale Recording Date: Aug 05, 2022
  • Previous Sale Contract Date: Aug 04, 2022
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE, INC.
  • First Mortgage Transaction Date: Jul 25, 2023
  • First Mortgage Loan Amount: $607,788
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2053
  • Second Mortgage Lender: WASHINGTON STATE HOUSING FIN
  • Second Mortgage Transaction Date: Jul 25, 2023
  • Second Mortgage Loan Amount: $23,893
  • Second Mortgage Terms: 30
  • Second Mortgage Loan Type: New Conventional
  • Second Mortgage Loan Due Date: Aug 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: VONTIVE INC
  • Previous Mortgage Transaction Date: Aug 05, 2022
  • Previous Mortgage Loan Amount: $431,800
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Sep 01, 2023

About Burien



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15100 6th Avenue Sw #325, Burien, WA, 98066 Listing by Trevor O'Dell

Frequently Asked Questions

What neighborhood is 16416 8th Avenue Southwest located in?
The 16416 8th Avenue Southwest is a located in the neighborhood of King in Burien, Seattle.
What is the average sales price for listings in 16416 8th Avenue Southwest?
The average sales price for units in 16416 8th Avenue Southwest is $0 currently.

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