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HomeMy WebLinkAboutParcel 14 - Chun Armondo Pavone ♦ • Mayor ;I 40FNT0 : Public Works Department OFFER LETTER March 20, 2020 Chun Family Living Trust, Randall King Beu Chun and Eva Tokie Chun Trustees 17024 160th Avenue SE Renton, WA 98058 RE: Project Name: Duvall Avenue NE Tax Parcel No: 516970-0095-07 Dear Mr. and Mrs. Chun: As you likely are 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 4628 NE 12th Street, Renton and identified as King County Assessor's tax parcel number 516970-0095-07. 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 greater than $10,000 and less than $25,000, 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. You have the right to request the City appraise your property any time prior to accepting the offer. An administrative offer of$23,900.00 is being made for your property or property rights. This offer consists of: • $11,000.00 for 275 SF of land in Fee • $8,080.00 for 404 SF of land in Right of Way Easement • $2,000.00 for two large trees within the acquisition area • $2,796.80 for 437 SF of land in Temporary Construction Easement 1055 South Grady Way, Renton,WA 98057 • rentonwa.gov Chun Family Trust Page 2 of 2 March 20, 2020 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 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, TRANSPORTATION SYSTEMS DIVISION Jim Seitz Director Receipt of this letter is hereby acknowledged. I understand that this acknowledgement does not signify acceptance or rejection of this offer. Date: Signature Enclosure: Administrative Offer Report 1055 South Grady Way,Renton,WA 98057 • rentonwa.gov �,E Y Department of taRevenueREAL ESTATE EXCISE TAX AFFIDAVIT This form is your receipt Washington State CHAPTER 82.45 RCW-CHAPTER 458-61A WAC when stamped by cashier. THIS AFFIDAVIT WILL NOT BE ACCEPTED UNLESS ALL AREAS ON ALL PAGES ARE FULLY COMPLETED 0 Check box if the sale occurred Only for sales in a single location code on or after January 1,2020. • PLEASE TYPE OR PRINT in more than one location code. 0 Check box if partial sale,indicate% sold. List percentage of ownership acquired next to each name. ElName Randall King Beu Chun& Eva Tokie Chun ©Name City of Renton, a municipal corporation of huband and wife Washington aMailing Address 17024160th Ave SE RIz Mailing Address 1055 S. Grady Way City/State/Zip Renton, WA 98058 R R City/State/Zip Renton,WA 98057 Phone No.(including area code) Phone No.(including area code) (425)430-6400 IISend all property tax correspondence to: ig Same as Buyer/Grantee Listaccou n t allnu realmbers and-personalcheck b ox properiftypersonal tax parcel List assessed value(s) property Name _ 516970-0095-07 0 738,000.00 Mailing Address ❑ 0.00 City/State/Zip ❑ 0.00 Phone No.(including area code) 0 0.00 Street address of property: 4628NE 12th St This property is located in Renton Q Check box if any of the listed parcels are being segregated from another parcel,are part of a boundary line adjustment or parcels being merged. Legal description of property(if more space is needed,you may attach a separate sheet to each page of the affidavit) See Attached- 5 Select Land Use Code(s): 7 List all personal property(tangible and intangible)included in selling price. 12-Multiple family residence(Residential,multiple,2-4 units) N/A enter any additional codes: (See back of last page for instructions) YES NO Was the seller receiving a property tax exemption or deferral ❑ ❑✓ under chapters 84.36,84.37,or 84.38 RCW(nonprofit If claiming an exemption,list WAC number and reason for exemption: organization,senior citizen,or disabled person,homeowner WAC No.(Section/Subsection) 458-61 A-206(2) with limited income)? Reason for exemption Is this property predominantly used for timber(as classified under ❑ ❑✓ RCW 84.34 and 84.33)or agriculture(as classified under RCW Exercise of Eminent Domain 84.34.020)?See ETA 3215 YES NO Is this property designated as forest land per chapter 84.33 RCW? ❑ ❑d Type of Document Right of Way Easement Is this property classified as current use(open space,farm and 0 El Date of Document agricultural,or timber)land per chapter 84.34 RCW? Is this property receiving special valuation as historical property ❑ 0 per chapter 84.26 RCW? If any answers are yes,complete as instructed below. Gross Selling Price $ 0.00 (1)NOTICE OF CONTINUANCE(FOREST LAND OR CURRENT USE) Personal Property(deduct) $ 0.00 NEW OWNER(S):To continue the current designation as forest land or classification as current use(open space,farm and agriculture,or timber)land, Exemption Claimed(deduct) $ 0.00 you must sign on(3)below.The county assessor must then determine if the Taxable Selling Price $ 0.00 land transferred continues to qualify and will indicate by signing below.If the land no longer qualifies or you do not wish to continue the designation or classi- Excise Tax:State fication,it will be removed and the compensating or additional taxes will be due Less than$500,000.01 at 1.1% $ 0.00 ' and payable by the seller or transferor at the time of sale.(RCW 84.33.140 or RCW 84.34.108).Prior to signing(3)below,you may contact your local county From$500,000.01 to$1,500,000 at 1.28% $ 0.00 assessor for more information. From$1,500,000.01 to$3,000,000 at 2.75% $ 0.00 This land ❑ does 0 does not qualify for continuance. Above$3,000,000 at 3.0% $ 0.00 Agricultural and timberland at 1.28% $ 0.00 Total Excise Tax:State $ 0.00 DEPUTY ASSESSOR DATE 0.0050 Local $ 0.00 i (2)NOTICE OF COMPLIANCE(HISTORIC PROPERTY) *Delinquent Interest:State $ 0.00 NEW OWNER(S):To continue special valuation as historic property,sign(3) below.If the new owner(s)does not wish to continue,all additional tax calcu- Local $ 0.00 lated pursuant to chapter 84.26 RCW,shall be due and payable by the seller or transferor at the time of sale. *Delinquent Penalty $ 0.00 Subtotal $ 0.00 (3)NEW OWNER(S)SIGNATURE *State Technology Fee $ 5.00 *Affidavit Processing Fee $ 5.00 PRINT NAME Total Due $ 10.00 A MINIMUM OF$10.00 IS DUE IN FEE(S)AND/OR TAX "SEE INSTRUCTIONS 8 I CERTIFY UNDER PENALTY OF PERJURY THAT THE FOREGOING IS TRUE AND CORRECT Signature of Signature of Grantor or Grantor's Agent Grantee or Grantee's Agent Name(print) R _ /A „ 1 Name(print) Date&city of si�gniinng,ry�yi f ��) pt, w Date&city of signing Perjury:Perjury is a classony which is punishable by imprisonment in the state correctional institution for a maximum term of not more than five years,or by a fine in an amount fixed by the court of not more than five thousand dollars($5,000.00),or by both imprisonment and fine(RCW 9A.20.020(I C)). REV 84 0001a(12/6/19) THIS SPACE-TREASURER'S USE ONLY COUNTY TREASURER Department of�� Revenue REAL ESTATE EXCISE TAX AFFIDAVIT This form is your receipt Washington State CHAPTER 82.45 RCW-CHAPTER 458-61A WAC when stamped by cashier. THIS AFFIDAVIT WILL NOT BE ACCEPTED UNLESS ALL AREAS ON ALL PAGES ARE FULLY COMPLETED 0 Check box if the sale occurred- Only for sales in a single location code on or after January 1,2020. PLEASE TYPE OR PRINT in more than one location code. 0 Check box if partial sale,indicate% sold. List percentage of ownership acquired next to each name. ElNameRandall King Beu Chun& Eva Tokie Chun ©Name City of Renton, a municipal corporation of huband and wife Washington azMailing Address 17024160th Ave SE al z Mailing Address 1055 S. Grady Way l4 R City/State/Zip Renton, WA 98058 R City/State/Zip Renton WA 98057 Phone No.(including area code) Phone No.(including area code) (425)430-6400 IISend all property tax correspondence to: lit Same as Buyer/Grantee List all real and personal property tax parcel List assessed value(s) account numbers-check box if personal property Name 1 2,, �A 738,000.00 v-vl v �Ct�AY! rP�(�,t./I' 516970-0095-07 0 Mailing Address U ❑ 0.00 City/State/Zip ❑ 0.00 Phone No.(including area code) ❑ 0.00 2 Street address of property: 4628N E 12th St This property is located in Renton ❑✓ Check box if any of the listed parcels are being segregated from another parcel,are part of a boundary line adjustment or parcels being merged. Legal description of property(if more space is needed,you may attach a separate sheet to each page of the affidavit) See Attached- 5 Select Land Use Code(s): 7 List all personal property(tangible and intangible)included in selling price. 12-Multiple family residence(Residential,multiple,2-4 units) N/A enter any additional codes: (See back of last page for instructions) YES NO Was the seller receiving a property tax exemption or deferral ❑ ❑✓ under chapters 84.36,84.37,or 84.38 RCW(nonprofit If claiming an exemption,list WAC number and reason for exemption: organization,senior citizen,or disabled person,homeowner WAC No.(Section/Subsection) 458-61 A-206(2) with limited income)? Reason for exemption Is this property predominantly used for timber(as classified under ❑ ❑✓ RCW 84.34 and 84.33)or agriculture(as classified under RCW Exercise of Eminent uomam 84.34.020)?See ETA 3215 31 YES NO Is this property designated as forest land per chapter 84.33 RCW? ❑ ❑✓ Type of Document Warranty Deed Is this property classified as current use(open space,farm and 0 ✓❑ Date of Document agricultural,or timber)land per chapter 84.34 RCW? Is this property receiving special valuation as historical property ❑ ✓❑ per chapter 84.26 RCW? If any answers are yes,complete as instructed below. Gross Selling Price $ 0.00 (1)NOTICE OF CONTINUANCE(FOREST LAND OR CURRENT USE) Personal Property(deduct) $ 0.00 NEW OWNER(S):To continue the current designation as forest land or classification as current use(open space,farm and agriculture,or timber)land, Exemption Claimed(deduct) $ 0.00 you must sign on(3)below.The county assessor must then determine if the Taxable Selling Price $ 0.00 land transferred continues to qualify and will indicate by signing below.If the land no longer qualifies or you do not wish to continue the designation or classi- Excise Tax:State fication,it will be removed and the compensating or additional taxes will be due Less than$500,000.01 at 1.1% $ 0.00 and payable by the seller or transferor at the time of sale.(RCW 84.33.140 or RCW 84.34.108).Prior to signing(3)below,you may contact your local county From$500,000.01 to$1,500,000 at 1.28% $ 0.00 assessor for more information. From$1,500,000.01 to$3,000,000 at 2.75% $ 0.00 This land ❑ does Q✓ does not qualify for continuance. Above$3,000,000 at 3.0% $ 0.00 Agricultural and timberland at 1.28% $ 0.00 Total Excise Tax:State $ 0.00 DEPUTY ASSESSOR DATE 0.0050 Local $ 0.00 (2)NOTICE OF COMPLIANCE(HISTORIC PROPERTY) *Delinquent Interest:State $ 0.00 NEW OWNER(S):To continue special valuation as historic property,sign(3) below.If the new owner(s)does not wish to continue,all additional tax calcu- Local $ 0.00 lated pursuant to chapter 84.26 RCW,shall be due and payable by the seller or *Delinquent Penalty $ transferor at the time of sale. q 0.00 Subtotal $ 0.00 (3)NEW OWNER(S)SIGNATURE *State Technology Fee $ 5.00 *Affidavit Processing Fee $ 5.00 PRINT NAME Total Due $ 10.00 ' A MINIMUM OF$10.00 IS DUE IN FEE(S)AND/OR TAX *SEE INSTRUCTIONS 8 I CERTIFY UNDER PENALTY OF PERJURY THAT THE FOREGOING IS TRUE AND CORRECT Signatore �, nteee o g Grantor or Grantor's Agent Grantee or Grantee's Agent Name(print) /AgJ A LL K..8, a'7.0 Al-- Name(print) ' 6 /Date&city of signing I 1/�Z �.e `Q j Date&city of signing Perjury:Perjury is a class C felony which is punishable by imprisonment in the state correctional institution for a maximum term of not more than five years,or by a fine in an amount fixed by the court of not more than five thousand dollars($5,000.00),or by both imprisonment and fine(RCW 9A.20.020(1 C)). REV 84 0001a(12/6/19) THIS SPACE-TREASURER'S USE ONLY COUNTY TREASURER