Seattle · Commercial sale
Way TO Salvation buys 5 parcels in King County for $4 million
A group of 5 parcels including 28616 48th Ave S, King County sold for $4,000,000 on August 25, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $4,000,000
- Sold
- August 25, 2026
- Property type
- Group of 5 parcels
Five parcels, including 28616 48th Ave S in King County, sold for $4,000,000 on August 25, 2026. The sale is listed in King County Department of Assessments records.
The record lists Church of Jesus Christ of Latter Day Saints as the seller and Way TO Salvation as the buyer.
This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.
What were the closing costs in King County?
By our estimate, the seller's two largest charges, not counting prorations, were $89,075 for the state real estate excise tax (graduated) and $20,000 for the local real estate excise tax (0.50%). Who pays what follows King County custom.
How much did the seller net?
By our estimate, the seller netted about $3,875,712. That is before any broker commissions and any loan payoff.
How much cash did the buyer bring to closing?
A cash buyer would need about $3,995,481 at closing. That covers the full price and closing costs.
Source: King County Department of Assessments, real property sales, document 3392115. Property details: King County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
