Incredible potential awaits with this rare commercial-zoned property located in a high-visibility area of Auburn! This 3 bed, 1 bath, 1,148 sq ft home sits on a spacious lot featuring a double drive-thru driveway, is handicap accessible making it ideal for a variety of business or live/work setup. Perfect for an espresso stand or drive-thru, chiropractor, daycare, counseling office, elder care facility, CPA, towing business, or medical services. The options are endless (buyer to verify all uses with city). Zoned for flexibility in a fast-growing area with excellent traffic exposure, this property offers a fantastic opportunity for owner-occupants or investors looking to establish or expand their footprint.
Sold for $520,000
Street View
$520,000
31214 124th Ave SE, Auburn, WA 98092
--beds
--baths
--sqft
Other
Built in 1959
-- sqft lot
$479,700 Zestimate®
$--/sqft
$2,685 Estimated rent
Home value
$479,700
$446,000 - $513,000
$2,685/mo
Zestimate® history
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$3,205/mo
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Source: Engel & Volkers,MLS#: 2411562
Facts & features
Property
Details
- Parcel number: 0921059082
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Other
Condition
- Year built: 1959
Community & HOA
Location
- Region: Auburn
Financial & listing details
- Tax assessed value: $258,300
- Annual tax amount: $3,386
- Date on market: 7/24/2025
- Lease term: Contact For Details
Price history
| Date | Event | Price |
|---|---|---|
| 8/1/2025 | Sold | $520,000+4.2% |
Source: Public Record Report a problem | ||
| 7/23/2025 | Listed for sale | $499,000+66.4% |
Source:  Engel & Volkers #2411360 Report a problem | ||
| 12/6/2005 | Sold | $299,950+57.9% |
Source:  NWMLS as distributed by MLS GRID #25146221 Report a problem | ||
| 12/30/2003 | Sold | $190,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,386 +10.8% | $258,300 +4.3% |
| 2024 | $3,055 +2.7% | $247,700 +7.1% |
| 2023 | $2,974 +22.4% | $231,200 +15.9% |
| 2022 | $2,430 -7% | $199,400 +6% |
| 2021 | $2,613 -6.2% | $188,200 -1.8% |
| 2020 | $2,787 -1.7% | $191,600 -1.3% |
| 2019 | $2,834 +13.6% | $194,200 +0.9% |
| 2018 | $2,495 -18.7% | $192,500 +0.3% |
| 2017 | $3,068 +7.6% | $191,900 +5.5% |
| 2016 | $2,851 | $181,900 -1.5% |
| 2015 | $2,851 | $184,600 -0.4% |
| 2014 | $2,851 | $185,400 +3.6% |
| 2010 | -- | $179,000 |
| 2009 | -- | $179,000 +28.8% |
| 2007 | -- | $139,000 +3.7% |
| 2006 | -- | $134,000 +6.3% |
| 2005 | -- | $126,000 +24.8% |
| 2001 | $1,550 -0.3% | $101,000 +4.1% |
| 2000 | $1,555 | $97,000 |
Find assessor info on the county website
Neighborhood: Lea Hill
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Nearby schools
GreatSchools rating
- 4/10Arthur Jacobsen Elementary SchoolGrades: PK-5Distance: 1.3 mi
- 3/10Rainier Middle SchoolGrades: 6-8Distance: 0.6 mi
- 4/10Auburn Mountainview High SchoolGrades: 9-12Distance: 1.4 mi
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Estimated market value
$479,700
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
$479,700
- Washington
- King County
- Auburn
- 98092
- Lea Hill
- 31214 124th Ave SE
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