Discussion

Guam
Assignment1_ParcelEvaluation.pdf

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Assignment #1 RE 363: Parcel Assessment This vacant parcel is for sale. Please go to Zillow or Redfin’s website (or another of your choosing) and look up: MLS 1687649. You might also be able to find it using the Address or tax parcel number. Address: 24000 SE Black Nugget Rd Issaquah WA 98029. Tax Parcel Number (TPN) aka Assessor Parcel Number (APN): 2224069135

Part I (50%): Use identified parts of ZATTSSUM (See table on last page of assignment) to help you evaluate this parcel with short responses for each item. (1 or 2 sentences)

• Zoning:

o What is the zoning for the parcel (use iMap from King County website and search by Tax parcel number? See helpful hints on using iMap on the next page

o What is the size (in square feet) of the parcel? (Use listing or iMap. If the listing only has size in acres, then multiply acres by 43,560 to get square feet (SF). (1 acre = 43,560 Square feet. 10.5 acres = 457,380 SF).

o What is an allowed use on the parcel? (Once you determine the zoning, use King County Permitted Use Table below. Only list the uses that include a “P” (Permitted use) in the box.

Helpful Hint. Look at the sample problem with highlighted use table. It shows the allowed uses for that property. Follow the same format for this one.

• Access:

o Do you have direct access from a public or private street?

o Do you see any challenges to access the site? (Use iMap and Google street view)

• Title Report: (skip for this assignment)

• Topography (Topo):

o Describe the topography of the site (use King County iMap— Layers List, Elevation Contours).

o Do you see a lot of contour lines on the property bunched tightly together showing a steep slope, gentle slope or relative flat?

o What direction does the slope go (i.e. east to west?)

Helpful Hint: For a refresher video on reading topo lines on a map, you can watch this short video: https://www.youtube.com/watch?v=CoVcRxza8nI

• Soils: (skip for this assignment)

• Sensitive Areas:

o Describe what, if any sensitive areas are on or adjacent to the site use King County iMap— Layers List, Environmentally Sensitive Areas Tab).

o Toggle on and off the a few like Erosion hazard, Stream, Wetland and Sensitive Area Notice on Title). Are any present on or adjacent to the site?

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• Utilities:

o What utilities are on or near the site (water, sewer, power) (iMap will identify if there if there is a Water District or Sewer District that services this property. If it says “Water District” or “Sewer District” or “Public”, then we can figure that utility service is likely available at our site. Also, use Google Street view to look around for power lines (electricity), fire hydrants (water) and sewer manholes (sewer) in the street in front of (or near) the property (if you can spot those, you know the utility is there. If you don’t, it is an indication that it might not be available).

• Market Study (skip for this assignment)

Part II (50%): Reflecting on the information you have learned from the ZATTSSUM framework, what are your thoughts about this parcel? Are you ready to buy it or what additional research would you want to do and why before purchasing it? (Summarize in 1-3 paragraphs)

In addition to Redfin or Zillow, use:

• Google Street View

• King County iMap: https://kingcounty.gov/services/gis/Maps/imap.aspx

• King County Permitted Use table (Proved below)

Helpful hints to launch iMap and find our property

• https://kingcounty.gov/services/gis/Maps/imap.aspx

• Select “Launch” under the map icon

• Enter the Address or Tax Parcel Number (TPN / APN) in search area on top left

• Property will have an icon next to it saying search result.

• Click/Select the Lot (you may have to click twice) and more information appears

• Click Assessors Report Link

• Click Property Detail Tab near the top right

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Permitted Use Table; Allowed Uses

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