Exceptional development opportunity in a desirable Newcastle, residential setting. Bring your Builders, Developers, and Investors to this 29,700sq ft west facing property nicely situated in an established community. Pre-app complete with the city for a 3 lot short plat served by a private lane, and with water/sewer certs obtained. Or, use as a blank canvas to create your one of a kind estate on this generously sized lot. Easy access to 405 and minutes to I-90, Factoria Mall, downtown Bellevue, and a wealth of nearby amenities. Value is in the land!
Sold
Listed by: Windermere R.E. Northeast, Inc • Kirk Running
Bought with: Windermere Real Estate/East
$1,050,000
7007 116th Avenue SE, Newcastle, WA 98056
2beds
1,070sqft
Single Family Residence
Built in 1951
0.68 Acres Lot
$1,001,400 Zestimate®
$981/sqft
$3,226 Estimated rent
Home value
$1,001,400
$851,000 - $1.18M
$3,226/mo
Zestimate® history
Owner options
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$3,226/mo
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$3,226/mo
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$6,405/mo
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$6,405/mo
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Zillow last checked:
Listing updated:
Listed by:
Kirk Running,
Windermere R.E. Northeast, Inc
Bought with:
Andrew Wenzl, 123369
Windermere Real Estate/East
Source: NWMLS as distributed by MLS GRID,MLS#: 2215658
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Entry hall
- Level: Main
Kitchen without eating space
- Level: Main
Utility room
- Level: Main
Heating
- Other – See Remarks, Electric
Cooling
- None
Features
- Basement: Daylight
- Has fireplace: No
Interior area
- Total structure area: 1,070
- Total interior livable area: 1,070 sqft
Property
Parking
- Parking features: Driveway
Features
- Levels: One
- Stories: 1
- Entry location: Main
Lot
- Size: 0.68 Acres
- Features: Secluded, Value In Land, Fenced-Partially
- Topography: PartialSlope
Details
- Parcel number: 3343300060
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story w/Bsmnt.
- Property subtype: Single Family Residence
Materials
- Brick, Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1951
Utilities & green energy
- Electric: Company: PSE
- Sewer: Available, Company: Coal Creek Utilities
- Water: Public, Company: Coal Creek Utilities
Community & HOA
Community
- Subdivision: Newcastle
Location
- Region: Renton
Financial & listing details
- Price per square foot: $981/sqft
- Tax assessed value: $862,000
- Annual tax amount: $8,018
- Date on market: 7/7/2024
- Cumulative days on market: 745 days
Price history
| Date | Event | Price |
|---|---|---|
| 7/9/2024 | Sold | $1,050,000$981/sqft |
Source:  NWMLS as distributed by MLS GRID #2215658 Report a problem | ||
| 5/7/2024 | Pending sale | $1,050,000$981/sqft |
Source: NWMLS as distributed by MLS GRID #2215658 Report a problem | ||
| 5/3/2024 | Listed for sale | $1,050,000$981/sqft |
Source: NWMLS as distributed by MLS GRID #2215658 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,844 +12.2% | $862,000 +6.7% |
| 2024 | $7,884 +11.8% | $808,000 +18.6% |
| 2023 | $7,054 -12% | $681,000 -21.8% |
| 2022 | $8,018 +16.5% | $871,000 +36.5% |
| 2021 | $6,880 +41.1% | $638,000 +49.8% |
| 2020 | $4,876 +2.6% | $426,000 +2.4% |
| 2019 | $4,753 +0.3% | $416,000 -4.6% |
| 2018 | $4,738 -2.4% | $436,000 +13.8% |
| 2017 | $4,854 +46.6% | $383,000 +16.8% |
| 2016 | $3,311 | $328,000 +5.8% |
| 2015 | $3,311 | $310,000 +17% |
| 2014 | $3,311 | $265,000 +11.8% |
| 2013 | $3,311 | $237,000 +3% |
| 2012 | -- | $230,000 -2.5% |
| 2011 | -- | $236,000 -2.5% |
| 2010 | -- | $242,000 |
| 2009 | -- | $242,000 +22.2% |
| 2007 | -- | $198,000 +13.1% |
| 2006 | -- | $175,000 -4.4% |
| 2005 | -- | $183,000 +22.8% |
| 2001 | $1,833 +7.8% | $149,000 +15.5% |
| 2000 | $1,700 | $129,000 |
Find assessor info on the county website
Neighborhood: 98056
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Nearby schools
GreatSchools rating
- 7/10Hazelwood Elementary SchoolGrades: K-5Distance: 0.2 mi
- 7/10Vera Risdon Middle SchoolGrades: 6-8Distance: 0.1 mi
- 6/10Hazen Senior High SchoolGrades: 9-12Distance: 3.1 mi
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Estimated market value
$1,001,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,001,400
- Washington
- King County
- Newcastle
- 98056
- 7007 116th Avenue SE
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