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16054 3rd Ave SW, Burien, WA, 98166

$3,900,000

2.67 Acres
Land

Location

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Property Highlights

ViewMountain(s), Sound, Territorial
MLS #2308356
Lot Size2.67 Acres
StatusActive

About 16054 3rd Ave SW

Prime 2.67-acre, two-parcel site in Burien offering flexible development potential. Currently zoned CC-2 with a City of Burien High-Density Multi-Family Residential land use designation, it can easily convert to RM-48 zoning, allowing up to 48 units per acre. The seller can deliver under RM-48 zoning if desired, which permits a max height of 60 feet and no commercial requirements (compared to a 35-foot max in CC-2). Centrally located, this site is ideal for commercial, office, apartments, townhomes, senior living, or self-storage development. Conveniently close to SeaTac Airport, Boeing, Amazon Fulfillment, and Westfield Southcenter, with connections to Seattle, Tacoma, and the Eastside via highways 509, 518, I-5, and 405.

Property Details

Property Features

Listing Office:

  • Office Name: Windermere Real Estate Co.
  • Office Phone: (206) 524-1100
  • Listing Agent: Edward Krigsman

Exterior Features

Exterior Information:

  • View: Mountain(s), Sound, Territorial

Lot Features

Lot Information:

  • Lot: Dead End Street, Secluded
  • Lot Size: 2.67 Acres

Other

Directions Information:

  • Directions: Easily accessible from all major freeways and highways, north, south, east. From I5 or 405, West to Highway 518 past SeaTac toward Burien. South on Highway 509 toward CVS Pharmacy Franciscan Health

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,900,000

Tax Information:

  • Annual Amount: $8,810
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Burien, WA.

Med. Sold Price

$634.7K

Med. Price/SqFt

$390

Avg. Days On Market

31

# of Sold Homes

27

16054 3rd Ave SW vs Burien

41 DAYS ON ROCKET

+10 Days

$3,900,000

+$3.2M More

KEY TAKEAWAY

This property is $3.2M more than the Median Sold Price in Burien, WA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NWMLS
  • MLS Number: #2308356

Listing Office:

  • Office Name: Windermere Real Estate Co.
  • Office Phone: (206) 524-1100
  • Listing Agent: Edward Krigsman

IDX Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.

DMCA Notice

Disclaimer: The information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 12:17:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 25, 2014Home Sold
$126,534
Jun 02, 2009Home Sold
$1,010,500
Jun 15, 2006Home Sold
$970,000

Tax History

YEARPROP. TAXASSESSMENT
2020$8,810$690,600
2018$7,710$657,700
2017$9,188$657,700

History based on county public records data.

Payment Calculator

$19.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$11.7K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4301774
4
/10
  • Gregory Heights Elementary School

  • 16216 19th Ave SW

  • 0.88 miles

  • Public District Grades KG-5

school-card-donut-4301775
2
/10
  • Seahurst Elementary School

  • 14603 14th Ave SW

  • 1.17 miles

  • Public District Grades KG-5

school-card-donut-4301776
2
/10
  • Cedarhurst Elementary School

  • 611 S 132nd St

  • 1.86 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,038. Residents of Burien, WA typically earn less than $35k each year. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16054 3rd Ave SW

What is the listing price of this property?

The listing price of 16054 3rd Ave SW property is $3,900,000.

What type of property is this?

The property 16054 3rd Ave SW is land located in Burien, Washington, 98166.

Is this property for sale now?

Active Listing: 16054 3rd Ave SW is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $8,810 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 25, 2014 for $126,534. (source: MLS/tax record).

How much acreage is this property?

The property 16054 3rd Ave SW is 2.67 acres.
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Rocket HomesWashingtonKing CountyBurien9816616054 3rd Ave SW

This home is located at 16054 3rd Ave SW in Burien, WA and zip code 98166 in the Gregory Heights neighborhood. This home sits on a 2.67 acre lot. It has been listed on Rocket Homes since November 06, 2024 and is currently priced at $3,900,000.

Burien, WA housing market in November 2024 saw over 10 listings sold above listed price, more than 7 sold at listed price and over 10 sold below. Between October 2024 and November 2024, Burien, WA real estate market has seen decrease in the number of listings by 25.8%. In November 2024, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $634,793.

From Rocket Homes Real Estate and based on county public records data.

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