Attention investors, builders and developers. Rare opportunity to acquire a level 15,600 sqft redevelopment site in the heart of downtown Renton. The property consists of two rental homes on 2 contiguous tax parcels, located just couple of blocks from main business district and rapid transit center, with an excellent 95 walk score. Highly desirable multiunit property is zoned R14, prominently occupies the SW corner of Burnett Ave S & S Fifth St, it borders a paved alley on the third side making this a relatively effortless and decidedly attractive project. Preliminary assessment indicates up to 15 townhomes can be built on this convenient site at the confluence of I-405 & SR 167. Buyers verify all information to their own satisfaction.
Property Details
Property Features
Listing Office:
Office Name: John L. Scott Des Moines
Office Phone: (206) 870-8800
Listing Agent: Paul Lau
Lot Features
Lot Information:
Lot: Corner Lot, Curbs, Paved, Sidewalk
Lot Size: 0.36 Acres
Other
Directions Information:
Directions: Rainier Ave S, left on S Third St, right on Shattuck Ave S, left on S Fourth St, right on Burnett Ave S to homes on the right.
Price Information
Listing Price Info
Price Summary:
List Price: $1,188,000
Tax Information:
Annual Amount: $4,352
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Renton, WA.
This property is $438.1K more than the Median Sold Price in Renton, WA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: NWMLS
MLS Number: #2292125
Listing Office:
Office Name: John L. Scott Des Moines
Office Phone: (206) 870-8800
Listing Agent: Paul Lau
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.
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, 1:47:50 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
DATE
EVENT
PRICE
Jun 29, 2007
Jun 29, 2007Home Sold
$478,000
Jun 15, 2006
Jun 15, 2006Home Sold
$400,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$4,352
$364,000
2018
$3,757
$322,000
2017
$3,517
$260,000
History based on county public records data.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Sartori Elementary School
332 Park Ave N
Distance between this listing and this school0.83 miles
Public Magnet Grades KG-5
4
/10
Talbot Hill Elementary School
2300 Talbot Rd S
Distance between this listing and this school1.23 miles
Public District Grades KG-5
5
/10
Tiffany Park Elementary School
1601 Lake Youngs Way SE
Distance between this listing and this school1.60 miles
Public District Grades KG-5
Nearby Schools
3
/10
Nelson Middle School
2403 Jones Ave S
Distance between this listing and this school1.36 miles
Public District Grades 6-8
2
/10
Dimmitt Middle School
12320 80th Ave S
Distance between this listing and this school1.57 miles
Public District Grades 6-8
4
/10
McKnight Middle School
1200 Edmonds Ave NE
Distance between this listing and this school2.33 miles
Public District Grades 6-8
Nearby Schools
2
/10
Renton High School
400 S 2nd St
Distance between this listing and this school0.40 miles
Public District Grades 9-12
1
/10
Talley High School
7800 S 132nd St
Distance between this listing and this school1.46 miles
Public Magnet Grades 9-12
4
/10
Lindbergh High School
16426 128th Ave SE
Distance between this listing and this school2.45 miles
The neighbors living near this home have an average income of $31,234. The majority of Renton, WA residents have income less than $35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Living In Renton, WA
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
Types of housing in Renton, WA.
Renton offers a diverse array of housing options, with single-family homes making up a significant portion of the market. These homes showcase a mix of architectural styles, from contemporary to craftsman, reflecting the city's growth over various periods. The housing market also includes a selection of condominiums and townhouses, providing alternatives for those seeking a more urban living experience. The homeownership rate in Renton is robust, with a substantial majority of residents owning their homes, while the remainder are part of the rental market.
What is it like to live in Renton, WA?
Renton is celebrated for its vibrant community spirit and scenic beauty, nestled on the shores of Lake Washington. The city prides itself on a blend of urban and suburban elements, offering residents a peaceful yet dynamic lifestyle. Annual events and festivals reflect the diverse cultural fabric of the community, fostering a sense of togetherness and local pride.
Is it easy to get around Renton, WA without a car?
The community benefits from a well-rounded selection of services, including a network of public schools that cater to students from kindergarten through high school. Renton also hosts several private educational institutions, enriching the choices available to families. Healthcare facilities in the area provide a range of services, from routine care to specialized treatments. The city's public library system serves as a hub for learning and community engagement. Retail and dining options abound, with local businesses and eateries reflecting the city's cultural diversity.
Transportation in Renton, WA.
Renton's transportation infrastructure supports both private and public transit options, with a network of roads and highways that facilitate commuting to nearby cities like Seattle and Bellevue. Public transportation services connect various parts of the city, offering residents alternatives to driving. The area's walkability varies, with certain neighborhoods being more pedestrian-friendly than others. Ride-sharing services are available, complementing the city's mobility options.
Frequently Asked Questions About 505 Burnett Ave S
What is the listing price of this property?
The listing price of 505 Burnett Ave S property is $1,188,000.
What type of property is this?
The property 505 Burnett Ave S is land located in Renton, Washington, 98057.
Is this property for sale now?
Active Listing: 505 Burnett Ave S 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 $4,352 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 29, 2007 for $478,000. (source: MLS/tax record).
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This home is located at 505 Burnett Ave S in Renton, WA and zip code 98057. This home sits on a 0.36 acre lot. It has been listed on Rocket Homes since September 18, 2024 and is currently priced at $1,188,000.
Over 29 listings were sold over their listed price in November 2024 in Renton, WA. In the same period over 43 listings were sold below the listed price and 25 listings were sold for the listed price. The number of homes for sale in Renton, WA decreased by 19.1% between October 2024 and November 2024. In November 2024, listings were on the market for 36 days. During the same period, the median list price in this real estate market was $749,815.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The 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. 
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