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Size: 23 Acres

Auction Information

Sealed Bid Auction
Contact lister for more information, sealed bid auction, Portland, OR
Start Date: 11/17/2010, 08:00 AM

23 Acres in Sumner, WA

PUBLISHED RESERVE: $595,000*

LAST ASKING: $695,000

SIZE: 23± Acres

ELEVATION: 350± Feet

ZONING: Mixed Zoning (See Supplemental Information Package for details)

PROPERTY INSPECTION: At Any Time

FINANCING: Subject to Seller's approval of Purchaser's credit: A 30% down payment with the balance secured by a first deed of trust, amortized over 20 years at 7% interest, calling for monthly payments of principal and interest; all due and payable at the end of 5 years.

DESCRIPTION: This 23± acre residential development tract lies between Kent Valley and Lake Tapps Plateau, with a portion in the city limits of Sumner. The property is located just north of the intersection of East Valley Highway and Forest Canyon Road, and is accessed from Forest Canyon Road by Cottage Road. Zoning will allow minimum lot sizes of 12,000 sq. ft., with potential for up to 4 lots per acre, or 80 to 100 total uni...

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Directions

In Sumner, follow East Valley Highway east to Forest Canyon Road East. Turn onto Forest Canyon Road East heading east approximately 1/2 mile to Cottage Road. Turn left onto Cottage Road and follow to the property.

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Source:First Street
Contact Seller
Realty Marketing/Northwest

Portland, OR

(458) 221-9578