HomeMy WebLinkAboutParcel 9 Market Data - Comparable Sale 4
(1)ADDRESS or LOCATION: 5202 NE 24th Street,Renton,WA 98059
(2)SALE SKETCH AND PHOTO ARE ON FOLLOWING PAGE •
(3) a. Access: Direct from NE 24th Street
b. Use at Sale: Vacant
c. H&B Use: Single-Family
d. Zoning: R4
e. Dimensions: Rectangular
f. Site Area(sf): 9,306
g. Sale Date: 3/30/2018
h. Price: $225,000
i. Instrument Type: Warranty Deed
j. Terms: Typical
k. Ex.Tax#or AF#: E2921818
I. Seller. Tudy Curtin
m. Buyer: Sound Built Homes
n. Confirmed with: Cindy Merritt
Phone#: 425-830-6286
o. Confirmed by: Matthew Sloan
p. Date Inspected: 7/17/19
(4)LEGAL DESCRIPTION or TAX PARCEL NUMBER: 606140-0230
(5)PHYSICAL CHARACTERISTICS(description at sale,confirmation information,changes since sale,etc.):
a.
This is the March 2018 sale of a development lot on NE 24th Street in Renton.The site consists of a •
corner lot that is level and at-grade.The property was purchased by a developer that plans to
construct a new SFR on the site.The property was heavily treed at the time of sale.
b. Confirmation Data and Comments:
(6)ANALYSIS:
ITEM Contribution Market Value
Land: $225,000 $24.18
Building Improvements: $0 $0.00
Site Improvements: $0 $0.00
Other. $0 $0.00
TOTAL SALE PRICE,$/SF $225,000 $24.18 •
After recording return document to:
City of Renton
City Clerk's Office
1055 South Grady Way
Renton, WA 98057
PLEASE MAKE NO MARK IN THE MARGIN SPACE-RESERVED FOR COUNTY RECORDER'S USE
• Grantor(s): Khoa Duy Nguyen and KimAnh Nguyen
Grantee(s): City of Renton
Legal Description: Lot B,BLA L02L0035,REC#20020912900003
Assessor's Tax Parcel Number: 102305-9112
Reference Number of Related Documents: N/A
TEMPORARY CONSTRUCTION EASEMENT
Duvall Avenue NE Project
This Temporary Construction Easement (the "Construction Easement"), is made and
entered into this ply day of 3 , 20,40, by and between Khoa Duy Nguyen and
KimAnh Nguyen, husband and wife, ("Grantor"), and the City of Renton, a municipal
corporation ("City" or"Grantee"), its successors and assigns.
For Good and Valuable Consideration, receipt of which is hereby acknowledged,
Grantor, as the owner of that certain real property legally described on Exhibit "A" — Entire
Parcel ("Property"), attached hereto and incorporated by this reference, does hereby grant to
the City, a twenty (20) square foot temporary easement area for minor clearing and grubbing
and excavation and fill and construction purposes in, on, over, through and across that portion
of the Property described on Exhibit `B" (Easement "Area") and depicted on Exhibit "C",
which are attached hereto and incorporated by this reference, for the purpose of Temporary
Construction Easement; protecting existing public and private improvements in the immediate
vicinity of the Project area; and repairing, restoring and/or reestablishing any improvements
disturbed while undertaking the Project activities described above.
The temporary rights granted in this Construction Easement shall be effective upon
execution by the parties. Grantee and/or its contractors shall provide forty-eight (48) hours
notice to the Grantor of its intent to commence construction. The temporary rights granted to
the Grantee shall automatically terminate and be null and void(i)twenty four(24)months after
the execution of this easement or(ii) upon restoration of any existing improvements disturbed
Page 1 of(7)Pages Parcel No. 102305-9112
PLEASE MAKE NO MARK IN THE MARGIN SPACE-RESERVED FOR COUNTY RECORDER'S USE ONLY.
TEMPORARY CONSTRUCTION EASEMENT
by the Grantee within the temporary easement area,whichever is later,but in no event later than
December 31, 2023.
The Grantee agrees to hold harmless, indemnify and defend the Grantor from and
against any and all claims,losses or liability,for injuries,sickness or death of persons,including
employees of the Grantee,or damage to property, arising out of the exercise of Grantee's rights
under this Construction Easement or any willful misconduct or negligent act,error,or omission
of the Grantee, its officers, agents, contractors, subcontractors, licensees, or employees, in
connection with the Grantee's activities authorized by this Construction Easement, provided,
however,that:
(a) The Grantee's obligations to indemnify, defend and hold harmless shall not
extend to injuries, sickness, death or damage caused by or resulting from the
sole willful misconduct or sole negligence of the Grantor; and
(b) The Grantee's obligations to indemnify, defend and hold harmless for injuries,
sickness,death or damage caused by or resulting from the concurrent negligence
or willful misconduct of the Grantee and the Grantor, or of the Grantee and a
third party other than an officer, agent, contractor or employee of the Grantee,
shall apply only to the extent of the negligence or willful misconduct of the
Grantee (including an officer, agent, contractor or employee of the Grantee).
Grantee shall, at its sole cost and upon completion of the work within the Easement
Area, fully restore the surface and subsurface of the Easement Area and any public or private
improvements disturbed by or destroyed during the execution of the work, as nearly as
practicable,to the conditions as of the effective date of this easement.
It is the intention of the parties that this document be strictly limited to and for the
purposes expressed.
This Construction Easement and covenants herein shall be recorded with the King
County Recorder,shall run with the land described herein,and shall be binding upon the parties,
their successors,heirs and assigns.
Grantor covenants that it is the lawful owner of the above-described property and has
authority to convey such easement.
It is understood and agreed that delivery of this Construction Easement is hereby tendered
and that the terms and obligations hereof shall not become binding upon the City of Renton,
unless and until accepted and approved hereon in writing by the City of Renton.
Page 2 of(7)Pages Parcel No. 102305-9112
PLEASE MAKE NO MARK IN THE MARGIN SPACE-RESERVED FOR COUNTY RECORDER'S USE ONLY.
PLEASE MAKE NO MARK IN THE MARGIN SPACE-RESERVED FOR COUNTY RECORDER'S USE ONLY.
TEMPORARY CONSTRUCTION EASEMENT
Dated: 3/ /Z c9z 7 , 20
Grantor:
KhwDuy Ngu, e
Ki Anh Nguyen
Accepted and Approved
City of Renton
By
Its
Date
Page 3 of(7)Pages Parcel No. 102305-9112
PLEASE MAKE NO MARK IN THE MARGIN SPACE-RESERVED FOR COUNTY RECORDER'S USE ONLY.
PLEASE MAKE NO MARK IN THE MARGIN SPACE-RESERVED FOR COUNTY RECORDER'S USE ONLY.
TEMPORARY CONSTRUCTION EASEMENT
STATE OF WASHINGTON
ss.
COUNTY OF KING
On this day personally appeared before me Khoa Duv Nguyen and KimAnh Nguyen, to me known to be the
individual(s) described in and who executed the within and foregoing instrument, and acknowledged that
he/she/they signed the same as his/her/their free and voluntary act and deed, for the uses and purposes therein
mentioned. j
DATED this d� .day of I-Carell ,20
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Page 4 of(7)Pages Parcel No. 102305-9112
PLEASE MAKE NO MARK IN THE MARGIN SPACE-RESERVED FOR COUNTY RECORDER'S USE ONLY.
PLEASE MAKE NO MARK IN THE MARGIN SPACE-RESERVED FOR COUNTY RECORDER'S USE ONLY.
TEMPORARY CONSTRUCTION EASEMENT
EXHIBIT A
PROPERTY DESCRIPTION
NW 1/4 OF SEC. 10, T. 23 N., R. 05 E., W.M.
CITY OF RENTON, KING COUNTY, WA
(PER STATUTORY WARRANTY DEED, RECORDED UNDER AUDITOR'S FILE NO. 20140311000847)
LOT B, KING COUNTY BOUNDARY LINE ADJUSTMENT NO. L02L0035, RECORDED UNDER
RECORDING NO. 20020912900003, RECORDS OF KING COUNTY, WASHINGTON.
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Page 5 of(7)Pages Parcel No. 102305-9112
PLEASE MAKE NO MARK IN THE MARGIN SPACE-RESERVED FOR COUNTY RECORDER'S USE ONLY.
PLEASE MAKE NO MARK IN THE MARGIN SPACE-RESERVED FOR COUNTY RECORDER'S USE ONLY.
TEMPORARY CONSTRUCTION EASEMENT
EXHIBIT B
TEMPORARY CONSTRUCTION EASEMENT DESCRIPTION
NW 1/4 OF SEC. 10, T. 23 N., R. 05 E., W.M.
CITY OF RENTON, KING COUNTY, WA
A PORTION OF LOT B Of KING COUNTY BLA NO. L02L0035,
RECORDED UNDER AUDITOR'S FILE NUMBER 20020912900003, KING
COUNTY RECORDS, SAID PORTION BEING MORE PARTICULARLY
DESCRIBED AS FOLLOWS:
BEGINNING AT THE NORTHEAST CORNER OF SAID LOT B;
THENCE SOUTH 00'00'06" WEST 5.00 FEET ALONG THE EAST LINE OF
SAID LOT B, ALSO BEING THE WEST RIGHT—OF—WAY LINE OF DUVALL
AVE NE;
THENCE NORTH 56'54'25" WEST 9.55 FEET TO THE NORTH LINE OF
SAID LOT B, ALSO BEING THE SOUTH RIGHT—OF—WAY LINE OF NE
10TH STREET;
THENCE SOUTH 88'28'57" EAST 8.00 FEET ALONG SAID NORTH LINE
AND SAID SOUTH RIGHT—OF—WAY LINE TO THE TRUE POINT OF
BEGINNING.
CONTAINING 20 SQUARE FEET, MORE OR LESS.
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Page 6 of(7)Pages Parcel No. 102305-9112
PLEASE MAKE NO MARK IN THE MARGIN SPACE-RESERVED FOR COUNTY RECORDER'S USE ONLY.
PLEASE MAKE NO MARK IN THE MARGIN SPACE-RESERVED FOR COUNTY RECORDER'S USE ONLY.
TEMPORARY CONSTRUCTION EASEMENT
EXHIBIT C
TEMPORARY CONSTRUCTION EASEMENT
NW 1/4 OF SEC. 10, T. 23 N., R. 05 E., W.M.
CITY OF RENTON, KING COUNTY, WA
S88'28'57"E T.P.O.B.
8.00' I
S00'00'06"W
NE 10TH ST /- 5.00'
N56'54'25"W / r
9.55' I
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( APN 1023059112
NGUYEN KHOA DUY + KIMANH
4637 NE 10TH ST 98059
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LOT B
BLA NO. L02L0035 CI
A
0 N 20'
TOTAL AREA1 2m'
20 SQ. FT. Parametrix
LEGEND
O N' Ke s
T.P.O.B. / TRUE POINT OF BEGINNING ��$OF RASI0"vVjam
///////////////1 EASEMENT TEMPORARY CONSTRUCTIONSTRUCTION h °�
14,
EXISTING RIGHT OF WAY LINE
CENTERLINE s, 3'' 4'6889 ,oa
— PROPERTY LINE s Ss°HAGS BAN�sa� I
( APN XXXXXXXXXXX ) KING COUNTY TAX PARCEL NUMBER
/2-2o-11
Page 7 of(7)Pages Parcel No. 102305-9112
PLEASE MAKE NO MARK IN THE MARGIN SPACE-RESERVED FOR COUNTY RECORDER'S USE ONLY.
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CITY OF RENTON,WA 913050 ACCOUNTS PAYABLE CHECK NO.381599
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ROW/Parcel 9 03/09/2020 TEMPORARY CONSTRUCTION EASEMEN1 0.00 500.00
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500.00
40 Group
Northwest
Acquisition and Relocation Services RECEIVED
MAR 0 3 2020
Transportation Systems Division
Transmittal Memo
To: Flora Lee,Project Manager,City of Renton
CC: Cindy Clark,P.E.Parametrix
From: Sonja Davis RES Group NW
Date: March 3,2020
Project: Duvall Avenue NE
Parcel No.: 9 ••
Owner: • Khoa and KimAnh Nguyen
Ms.Lee,
Enclosed in this transmittal are the following documents:
1. Offer Letter dated 2/22/20(signed by owner)
2. Temporary Construction Easement(signed 2/28/20)
3. Real Property Voucher
4. W-9 •
5. Negotiator's Diary and supporting documents(signed 3/3/2020)
6. AOS 1 (signed by the City 11/8/19) •
Sincerel
Sonja avis, A/RAC
RES Group NW
1913 6th Street
Kirkland,WA 98033
GAT Y O�
Armondo Pavone + ®.
Mayor
NTN*
Public Works Department Gregg Zimmerman,P.E.,Administrator
OFFER LETTER
January 22,2020
Khoa and KimAnh Nguyen
330 Quincy Ave NE
Renton,WA 98059
RE: Project Name: Duvall Avenue NE
Tax Parcel No: 102305-9112
Dear Mr.and Mrs. Nguyen:
As you likely aware,the City of Renton is proceeding with the Duvall Avenue NE Project. As part of the
project,the City needs to purchase a part of your property and/or certain property rights related to the
property located at 4637 NE 10th St, Renton and identified as King County Assessor's tax parcel number
102305-9112.A copy of the map or"Right of Way Plan"is attached.
By law the City must pay you for the property and/or property rights acquired from you,unless you choose to
donate the land the property to the City.The purpose of this letter to explain to you the basis for the City's
offer in order to reach an agreement with you regarding the purchase of the property needed for this project.
In those cases where property rights being acquired involve a payment of less than$10,000,the City
administratively establishes the amount offered. This administrative offer is based on market research
performed by a person having sufficient understanding of the local real estate market. An administrative
offer of$500.00 is being made for your property or property rights.This offer consists of:
• $500 for 20 SF Temporary Construction Easement for street Improvements.
The basis for this offer is contained in the attached report. Payment for your property and/or property rights
will be made available to you approximately 30 to 45 days after you accept the City's offer,provided that
there are no delays in closing the transaction.
You may wish to employ a professional appraiser or realtor to evaluate the City's offer. If you do so,we
suggest that you employ a well-qualified evaluator so that the evaluation report will be useful to you in
1055 South Grady Way,Renton,WA 98057 • rentonwa.gov
Mr.and Mrs.Nguyen
Page 2 of 2
January 22,2020
deciding whether to accept the City's offer.The City will reimburse up to$750.00 of your evaluation costs
upon submission of the bills or paid receipts.
Please understand that every effort will be made to come to an agreement regarding this offer. However,if
mutual agreement cannot eventually be reached through a voluntary negotiation,the City acting in the public
interest, may use its right of eminent domain to acquire the property rights for the public use. In conformity
with the Washington State Constitution and laws,the City's legal counsel will file a condemnation suit to
obtain a"Court Order of Public Use and Necessity",and a trial will be held to determine the just
compensation to be paid for the property and property rights acquired. This action is taken to ensure your
rights as an individual property owner and the rights of all City of Renton's taxpayers are equally protected.
If you have personal property presently located on the property being acquired by the City that will need to
be moved,however the City will reimburse you for the cost of moving it through the Relocation Assistance
program.
We have attempted by this letter to provide a concise statement of our offer and summary of your rights.We
hope the information will assist you in reaching a decision. Please feel free to direct any questions you may
have to the City's representative from RES Group Northwest,Sonja Davis at(425)577-2184.We look forward
to working with you and we would appreciate a response to this offer at your earliest convenience.
Sincerely,
Gregg Zimmerman,P.E.
Public Works Administrator
Receipt of this letter is hereby acknowledged. I understand that this acknowledgement does not signify
acceptance or rejection of this offer.
Date: Z/Z Z Z[�Z.ofie-71/;3_#...e
Enclosure: Administrative Offer Report
L\S Y p�
\ NT0
1055 South Grady Way,Renton,WA 98057 • rentonwa.gov
REAL PROPERTY VOUCHER AGREEMENT
AGENCY NAME I hereby agree to the terms and conditions listed below and
hereby certify under penalty of perjury that the items and
City of Renton amounts listed herein are proper charges,that the same or
Renton City Hall any part thereof has not been paid,and that I am
1055 S. Grady Way authorized to sign for the Claimant:
Renton,WA 98057 (Sign in Ink)
Phone: (425)430-6400
GRANTOR or CLAIMANT By: ,,! ----
Khoa and KimAnh Nguyen Owner(uthorized Representative
330 Quincy Ave NE Date: ./ c Z-02-0
Renton,WA 98059
( 06r) 579- 536g
Re: City of Renton-Duvall Avenue NE TAX PARCEL NUMBER: 102305-9112
PROJECT PARCEL NUMBER: 9
In Full,Complete and Final Payment and Settlement for the Title or Interest
Conveyed or Released,as Fully Set Forth in Attachgd 7uments: AMOUNT
Temporary Construction Easement Dated: .la d-D 2-4)
For All Lands Convey: +$00.00
Fee N/A +$00.00
Easement: TCE 20 SF @$25.00 @16% +$80.00
For All Damages: +$00.00
Less Special Benefits:
Statutory Evaluation Allowance
JUST COMPENSATION $ 500.00
Legal/Administrative: +$ 00.00
Other Items:
Deductions:
FINAL SETTLEMENT $500.00
SUBTOTAL $500.00
, TOTAL AMOUNT TO BE PAID: $ 500.00
Right-of-Way Agent: Sonja Davis
7h---/2-4
By. IC(a- a g
Date
The City of Renton agrees to the terms and conditions listed above.
r
By•
Date
Iti0 Group
Northwest Diary of Right of Way Activities
❑ Acquisition n Relocation Assistance ❑ Property Management
R/W No.: 10 Phone No.: Owner:
206-579-5368 Nguyen Khoa+Kimanh
Tax Parcel No.: Other: Business:
102305-9112
Location of Subject: 4637 NE 10th St
Mailing Address of Subject:
330 Quincy Ave NE, Renton WA 98059
Date Activities
11/9/19 Parcel assigned to Sonja Davis, Senior Acquisition Agent, RES Group NW
1/31/20 Could not locate a phone number and request for contact letter mailed to subject's
mailing address.
2/6/20 Additional research and located a phone number and left a voice mail for a call back.
2/18/20 Phone call from Mr. Nguyen, he confirmed that he received a letter requesting for a
contact. After a brief introduction I explained the project in general. An offer meeting
set for Saturday February 22 at 11:00 AM at subject property.
2/22/20 Offer meeting with owner, Khoa Nguyen, at subject property. The property is currently
rented and occupied with tenants. We met outside and walked the perimeter of the
property and I described in detail the scope of the project and Temporary Construction
Easement (TCE) pertaining to their property. The subject property is fully fenced along
Duvall Avenue NE and NE 10th St. and the 20 square feet of TCE is outside of the fenced
area of their property.
I presented the City's offer of$500, consisting of 20 SF of land in TCE. I explained to
him the $750 statutory evaluation reimbursement by the City if they choose to have the
offer reviewed or evaluated by a qualified professional. He was glad to hear that the
fence didn't have to be removed and agreed to sign the document. We scheduled a
signing meeting for next Saturday at noon at his residence after I explained that his wife
would have to sign the TCE as well.
2/26/20 Phone call from the owner rescheduling the signing meeting to Friday the 28th at 3PM.
2/28/20 A signing meeting with owners, Khoa and Kimanh Nguyen, at their residence at 330
Quincy Ave NE, Renton. They signed the Temporary Construction Easement and
related documents. I thanked them for their time and the meeting adjourned.
3/2/20 This file is considered complete transmitting to the City for payment and recording.
I hereby certi,b) that the written instruments secured and forwarded herewith embody all the considerations agreed upon
between me and the property owner; agreement on said instruments was reached without coercion,promises other than those
shown in the instruments, or threats of any kind whatsoever by or to either party; I understand that the parcels are to be
secured for use in connection with a Federal aid highway project;I have no direct or indirect present or contemplated future
personal interest in the parcels or in any benefit from the acquisition of such property.
1,9-4
• avis Date
ADMINISTRATIVE OFFER SUMMARY- PARCEL 9
Project: City of Renton-Duvall Avenue NE
Plan Sheet: 11 of 73 Plan Approval Date: 6/19 Revision Date: N/A
Federal Aid Number. N/A Tax ID No: 102305-9112
Owner: Khoa&Dimanh Nguyen
Location: 4637 NE 10th Street,Renton,WA 98059
Before Area: 14,825 SF After Area: 14,825 SF
Acquisition Area:
Fee: 0 SF TCE Easement: 20 SF
(area) (type) (area)
Current Use: Single-Family Zoning: Residential 8(R8)
•
Highest and Best Use: Continued use of existing improvements
Effects of Acquisition:
The subject consists of a rectangular-shaped lot located at the southwest corner of Duvall Avenue NE and NE 10th Street.The site is
improved with a 1,630sf single-family residence constructed in 1947.The proposed acquisition consists of a small,triangular-shaped
area in the northeast corner of the property,a total of 20sf.The acquisition is necessary to allow contractors access to the site while
constructing street improvements within the abutting Duvall Avenue NE right-of-way for a period of 24 months.The TCE is valued at
8%/year,or 16%for the full term.Project maps indicate clearing and grubbing will be located entirely within the existing right-of-way
and no significant impacts to onsite landscaping is anticipated.
Sales relied on: Sales 1 -4 contained in data package dated: 7/17/19
Subject sold within the last 5 year, No If yes,is sale included in data package? N/A
If no,explain why not
ACQUISITION COMPENSATION
Land in Fee:
(unit value)
Easements:
20 TCE $25.00 16% $80.00
(area sf) (type) (unit value) (96)
(unit value) (%)
Improvements:
sf sf
(type) (square feet) (unit value)
Damages:
Total: $80.00
Worksheet Date: 7/17/19 Minimum Offer $500.00
Prepared By Date: 7/17/19 •
1 I have no present or prospective interest in the property that is the subject of this report and I have no
personal interest or bias with respect to the parties involved.
2. My compensation is not contingent on an action or event resulting from this report.
3. I affirm that the valuation problem is uncomplicated. I concur in the value estimate herein. I authorize on
Administrative Offer
^be made insaid amount as Just Compensation.
/l fl1fgl`I(44t, Date:
This form is prepared in confoilmnce with Federal and State policy and procedures,under the Uniform Relocation Act. It does not constitute an
SUBJECT PARCEL 9
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Aerial Photo/Map
Market Data- Comparable Sale 1
(1)ADDRESS or LOCATION: 2415 NE 22nd Street NE,Renton,WA 98056
(2)SALE SKETCH AND PHOTO ARE ON FOLLOWING PAGE
(3) a. Access: Direct from NE 22nd Street
b. Use at Sale: Vacant
c. H&B Use: Single-Family
d. Zoning: R8
e. Dimensions: Rectangular
f. Site Area(sf): 7,945
g. Sale Date: 3/4/2018
h. Price: $312,000
i. Instrument Type: Warranty Deed
j. Terms: Typical
k. Ex.Tax#or AF#: E2976142
I. Seller: Sami Said
m. Buyer: Brian McIntosh
n. Confirmed with: Nader Nessim
Phone#: 206-941-4918
o. Confirmed by: Matthew Sloan
p. Date Inspected: 7/10/19
(4)LEGAL DESCRIPTION or TAX PARCEL NUMBER: 225320-0006
(5)PHYSICAL CHARACTERISTICS(description at sale,confirmation information,changes since sale,etc.):
a.
This is the March 2019 sale of a SFR lot on the south side of 22nd Avenue NE in the Kennydale Hill
neighborhood of Renton.The site is rrelatively narrow,but with adequate width and depth for
development.All utilities are available.
b. Confirmation Data and Comments:
The property previously sold in early 2018 for$285,000.
(6)ANALYSIS:
ITEM Contribution Market Value •
Land: $312,000 $39.27
Building Improvements: $0 $0.00
Site Improvements: $0 $0.00
Other: $0 $0.00
TOTAL SALE PRICE,$/SF $312,000 $39.27
COMPARABLE SALE 1
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Market Data - Comparable Sale 2
(1)ADDRESS or LOCATION: 12026 155th Avenue SE,Renton,WA 98056 •
(2)SALE SKETCH AND PHOTO ARE ON FOLLOWING PAGE
(3) a. Access: Direct from 155th Avenue SE
b. Use at Sale: Vacant
c. H&B Use: Single-Family
d. Zoning: R4
e. Dimensions: Rectangular
f. Site Area(sf): 10,726
g. Sale Date: 7/31/2018
h. Price: $260,000
i. Instrument Type: Warranty Deed
j. Terms: Typical
k. Ex.Tax#or AF#: E2944863
I. Seller. Halgreen Family Trust
m. Buyer: Anh Luu
n. Confirmed with: Adria Krall
Phone#: 206-226-4029
o. Confirmed by: Matthew Sloan
p. Date Inspected: 7/17/19
(4)LEGAL DESCRIPTION or TAX PARCEL NUMBER: 935330-0960
(5)PHYSICAL CHARACTERISTICS(description at sale,confirmation information,changes since sale,etc.):
This is the July 2018 sale of a SFR lot on the east side of 155th Avenue SE in East Renton.The site is
a. •
one of several recently platted lots.The site is of a typical size and with sufficent width and depth for
development.All utilities are available.
b. Confirmation Data and Comments:
(6)ANALYSIS:
ITEM Contribution Market Value
Land: $260,000 $24.24
Building Improvements: $0 $0.00
Site Improvements: $0 $0.00
Other $0 $0.00 •
TOTAL SALE PRICE,$/SF $260,000 $24.24
COMPARABLE SALE 2
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Market Data - Comparable Sale 3
(1)ADDRESS or LOCATION: 5214 NE 24th Street,Renton,WA 98059
(2)SALE SKETCH AND PHOTO ARE ON FOLLOWING PAGE
(3) a. Access: Direct from NE 24th Street
b. Use at Sale: Vacant
c. H&B Use: Single-Family
d. Zoning: R4
e. Dimensions: Rectangular
f. Site Area(sf): 8,374
g. Sale Date: 5/7/2018
h. Price: $291,000
i. Instrument Type: Warranty Deed
j. Terms: Typical
k. Ex.Tax#or AF#: E2928698
I. Seller. Diane/Randall Hayes
m. Buyer: Sierra Homes
•
n. Confirmed with: Cindy Merritt
Phone#: 425-830-6286
o. Confirmed by: Matthew Sloan
p. Date Inspected: 7/17/19
(4)LEGAL DESCRIPTION or TAX PARCEL NUMBER: 606140-0210
(5)PHYSICAL CHARACTERISTICS(description at sale,confirmation information,changes since sale,etc.):
a.
This is the May 2018 sale of a development lot on NE 24th Street in Renton.The site is level,at-grade
and situated near the end of a dead-end cul-de-sac.The property was purchased by a developer that
is nearing completing of a SFR on the site.
b. Confirmation Data and Comments:
(6)ANALYSIS:
ITEM Contribution Market Value
Land: $291,000 $34.75
Building Improvements: $0 $0.00
Site Improvements: $0 $0.00 •
Other: $0 $0.00
TOTAL SALE PRICE,5/SF $291,000 $34.75
COMPARABLE SALE 3
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COMPARABLE SALE 4
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