Check Availability

35623 56th Avenue South

35623 56th Avenue South, Auburn, WA 98001
Property in Lakeland South
Sold Mar 27, 2019
$683,290
$60,000,000 by The Bank Of Tokyo Mitsubishi U
Mortgage
Sold Mar 09, 2017
$10,200,000
$60,000,000 by The Bank Of Tokyo Mitsubishi U
Mortgage
35623 56th Avenue South in Auburn, WA was first built in 2019 and is 5 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 35623 56th Avenue South has 3,418 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. In total, the area measurement of the land is 4,797 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 440 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of A. 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 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, 35623 56th Avenue South sold most recently in Mar 15, 2019 for a total of $683,290. If you work out the math, that's approximately a cost of $177.11 per sqft. Before that, the property was also sold for $10,200,000 in Feb 13, 2017. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $9,606 in taxes each year. 35623 56th Avenue South was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $820,000. If we break it down further, the land itself was valued at $188,000. Improvements to the property, however, were assessed at a total of $632,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: A
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,797
  • Total Building Area: 3,858
  • Gross Building Area: 3,858
  • Building Area: 3,418
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 3,418
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: JOVITA HEIGHTS ADD
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential
  • Legal Description 1: JOVITA HEIGHTS ADD LOT 39 KC BLA #BLAD13-0026 REC #20161215900001 SD BLA BEING LOTS 16 THRU 18 BK 55 & LOTS 14 & 15 BK 56 & ALL BK 57 & LOTS 1 THRU 8 & 23 THRU 30 BK 80 & LOTS 1 THRU 8 BK 81 & 1 THRU 10 & 17 THRU 25 BLOCK 82 & LOTS 5 THRU 22 BK 83 OF

Ownership

  • Current Owner : LAM VANTUONG QUAN HUU
  • Current Owner 2: LAM VAN LINH THUY
  • Previous Owner : MAIN VUE WA LLC
  • Owner Before Previous Owner: PEPPER BASIN LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Federal Way School District
  • Census Tract: 030405

Zoning

  • Zoning: R4

Geography

  • Account Number: 375160340507
  • District: KING COUNTY
  • Parcel: 375160-3405
  • Block: 81
  • Lot: 3-4
  • Meridian: SEC 26 TWN 21 RNG 04
  • Municipality: KING COUNTY
  • Latitude: 47.2821
  • Longitude: -122.265

    Address

  • Full Address: 35623 56th Ave S
  • Address - House Number: 35623
  • Street Segment Direction: S
  • Address - Street Name: 56th
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Auburn
  • Carrier Code: R009
  • 4-Digit Zip Code: 5009
  • Zip Code: 98001

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $9,606
  • Tax Rate Code Area: 3490

    Appraisal Valuation

  • Standard Deviation: 0.1472
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 82
  • Final Value: 962,166
  • High Value: 1,103,805
  • Low Value: 820,526

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $60,000,000
  • First Open Lien Mortgage Lender: THE BANK OF TOKYO MITSUBISHI U
  • First Open Lien Mortgage Recording Date: Mar 09, 2017
  • First Open Lien Mortgage Loan Amount: $60,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan

    Market Valuation

  • Market Total Value: $820,000
  • Market Land Value: $188,000
  • Market Improvement Value: $632,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $820,000
  • Assessed Land Value: $188,000
  • Assessed Improvements Value: $632,000

    Sales

  • Current Sale Contract Date: Mar 15, 2019
  • Current Sale Recording Date: Mar 27, 2019
  • Current Sale Transaction ID: 11592220043
  • Current Sale Price: $683,290
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20190327001069
  • Previous Sale Recording Date: Mar 09, 2017
  • Previous Sale Contract Date: Feb 13, 2017
  • Previous Sale Amount: $10,200,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMESTREET BANK
  • First Mortgage Transaction Date: Mar 27, 2019
  • First Mortgage Loan Amount: $546,632
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: THE BANK OF TOKYO MITSUBISHI U
  • Previous Mortgage Transaction Date: Mar 09, 2017
  • Previous Mortgage Loan Amount: $60,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

About Lakeland South



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 311 9th Avenue N, Algona, WA, 98001

$2,370 /mo

  • 3 Beds
311 9th Avenue N, Algona, WA, 98001 Listing by Spencer Lindahl

Frequently Asked Questions

What neighborhood is 35623 56th Avenue South located in?
The 35623 56th Avenue South is a located in the neighborhood of Lakeland South in Lakeland South, Auburn.
What is the average sales price for listings in 35623 56th Avenue South?
The average sales price for units in 35623 56th Avenue South is $0 currently.

Quantcast