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16438 111th Avenue Southeast

16438 111th Avenue Southeast, Renton, WA 98055
Property in Cascade
Sold Sep 02, 2021
$833,000
Seller
$499,000 by United Wholesale Mortgage
Mortgage Due Oct 01, 2051
Sold Dec 29, 2017
$480,000
Buyer
Seller
$384,000 by Seattle Pacific Mortgage Inc
Mortgage Due Jan 01, 2048
16438 111th Avenue Southeast has been categorized by the local assessors in Renton, WA as a residential type of property. The building on the property was first built in 1950 and is 74 years old. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 16438 111th Avenue Southeast has 2,110 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 94,525 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 16438 111th Avenue Southeast was last sold in Aug 18, 2021 for $833,000. According to our calculations, that's $394.79 per sqft. Prior to that sales transaction, the property was sold for $480,000 in Dec 26, 2017. Current property owners are expected to pay $5,958 in taxes per year. The property on 16438 111th Avenue Southeast was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $552,000. To break that down further, the land itself was valued at $304,000. While improvements to the property were assessed at a total of $248,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: D
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 94,525
  • Total Building Area: 2,110
  • Gross Building Area: 2,110
  • Building Area: 2,110
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,110
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: AKERS FARMS NO. 06
  • Land Acres: 2.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: AKERS FARMS # 6 SUBJ TO TRANS LN R/W PLAT BLOCK: 6 PLAT LOT: 1

Ownership

  • Current Owner : KIM JULIA S K
  • Previous Owner : KIM GON
  • Owner Before Previous Owner: CHOI JOHN

Neighborhood

  • School District Name: Renton School District
  • Census Tract: 025805

Zoning

  • Zoning: R-8

Geography

  • Account Number: 008800037007
  • District: RENTON
  • Parcel: 008800-0370
  • Block: 6
  • Lot: 1
  • Meridian: SEC 29 TWN 23 RNG 05
  • Municipality: RENTON
  • Latitude: 47.4554
  • Longitude: -122.192

    Address

  • Full Address: 16438 111th Ave Se
  • Address - House Number: 16438
  • Street Segment Direction: SE
  • Address - Street Name: 111th
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Renton
  • Carrier Code: C088
  • 4-Digit Zip Code: 5265
  • Zip Code: 98055

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $5,958
  • Tax Rate Code Area: 2128

    Appraisal Valuation

  • Standard Deviation: 0.1416
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 83
  • Final Value: 888,636
  • High Value: 1,014,480
  • Low Value: 762,791

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $619,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Sep 02, 2021
  • First Open Lien Mortgage Loan Amount: $499,000
  • 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: Oct 01, 2051
  • Second Open Lien Mortgage Lender: JOHN CHOI ETAL
  • Second Open Lien Mortgage Recording Date: May 08, 2018
  • Second Open Lien Mortgage Financing Type: Unknown
  • Second Open Lien Mortgage Loan Amount: $120,000
  • Second Open Lien Mortgage Term: 114
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Second Open Lien Mortgage Loan Due Date: Dec 20, 2027
  • Second Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $552,000
  • Market Land Value: $304,000
  • Market Improvement Value: $248,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $552,000
  • Assessed Land Value: $304,000
  • Assessed Improvements Value: $248,000

    Sales

  • Current Sale Contract Date: Aug 18, 2021
  • Current Sale Recording Date: Sep 02, 2021
  • Current Sale Transaction ID: 11854687581
  • Current Sale Price: $833,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210902001591
  • Previous Sale Recording Date: Dec 29, 2017
  • Previous Sale Contract Date: Dec 26, 2017
  • Previous Sale Amount: $480,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Sep 02, 2021
  • First Mortgage Loan Amount: $499,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: SEATTLE PACIFIC MORTGAGE INC
  • Previous Mortgage Transaction Date: Dec 29, 2017
  • Previous Mortgage Loan Amount: $384,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2048

About Cascade-Fairwood



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Frequently Asked Questions

What neighborhood is 16438 111th Avenue Southeast located in?
The 16438 111th Avenue Southeast is a located in the neighborhood of Cascade in Cascade-Fairwood, Renton.
What is the average sales price for listings in 16438 111th Avenue Southeast?
The average sales price for units in 16438 111th Avenue Southeast is $0 currently.

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