Listed by Lake & Company, Bought with Windermere Real Estate Co.
NOT LISTED FOR SALE

Estimated Value: $1,032,000 - $1,411,265

3 Beds
2 Baths
1,960 Sq Ft
$644/Sq Ft Est. Value

Last Sold June 30, 2014

Last sale price $561,500 $286 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $7,667/month

4 Days on Market

About This Home

As of June 2014

This home is solid and loaded with upgrades. System updates, chef's kitchen with slab granite & high- end appliances. Oak floors, fireplace, built in cabinets and french doors on the main floor. Downstairs you'll find 2 more bedrooms, & home office, plus laundry/den area. Outdoor space is abundant on this large lot with private back yard. Enjoy 2 decks, hot tub, and patio area. Large outbuilding with workshop space and storage area. Great access to Maple Leaf amenities, I5, & bus routes.

Last Agent to Sell the Property

Justin Mellon

Lake & Company License #80676 Listed on: 05/15/2014

Lake & Company

Co-Listed By

Andrew Mellon

Lake & Company License #115186

Last Buyer's Agent

Roberta Pletz

Windermere Real Estate Co.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM632941

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$11,762

Year Built

1939

Lot Details

0

Listing Details

  • Condition: Good
  • Sq Ft Finished: 1960
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1939

Interior Features

  • Appliances: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplaces: 1
  • Basement: Fully Finished
  • Features: Double Pane/Storm Window, Dining Room, French Doors
  • Fireplaces: 1
  • Floor: Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Water Heater Location: basement-gas

Exterior Features

  • Roof: Composition
  • Exterior: Wood
  • Foundation: Poured Concrete
  • Lot Details: Paved Street
  • Roof: Composition
  • Site Features: Cable TV, Deck, Partial Fence, Natural Gas Available, High Speed Internet, Hot Tub/Spa, Outbuildings, Shop
  • Lot Topography: Garden Space, Level

Garage/Parking

  • Parking Type: Garage-Detached, Off Street
  • Total Covered Spaces: 1

Utilities

  • Cooling: Forced Air
  • Heating: Forced Air
  • Appliances: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Heating and Cooling: Forced Air
  • Power Company: public
  • Sewer: Connected
  • Sewer Company: utilities
  • Water Company: seattle
  • Water Source: Public

Schools

  • School District: SEA
  • Elementary School: Olympic View
  • Middle School: Eckstein Mid
  • High School: Nathan Hale High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2014
Closed on
Jun 27, 2014
Sold by
Hofeling Alex E and Hofeling Mariana E
Bought by
Banks Carolyn and Banks Jared
Seller's Agent
Justin Mellon
Lake & Company
Buyer's Agent
Roberta Pletz
Windermere Real Estate Co.
List Price
$535,000
Sold Price
$561,500
Premium/Discount to List
$26,500
4.95%
Current Estimated Value
$1,261,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$699,816
Original Mortgage
$88,293
Interest Rate
4.07%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 11, 2011
Sold by
Browne Patience
Bought by
Hofeling Alex E and Hofeling Mariana E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2005
Sold by
Smith Wendy K
Bought by
Browne Patience

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
6.07%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 16, 2005
Sold by
Smith Brian T
Bought by
Smith Wendy K

Purchase Details

Closed on
Jul 28, 1997
Sold by
Clark Wallace H and Clark Dale R
Bought by
Smith Brian T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,950
Interest Rate
7.58%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Banks Carolyn $561,500 Ticor National
Hofeling Alex E $450,000 Northpoint Esc
Browne Patience $415,000 Old Republic T
Smith Wendy K -- --
Smith Brian T $169,950 Fidelity National Title
Smith Brian T -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banks Carolyn $88,293
Open Banks Carolyn $417,000
Previous Owner Hofeling Alex E $405,000
Previous Owner Browne Patience $332,000
Previous Owner Smith Brian T $152,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2014 06/30/14 Sold $561,500 +5.0% $286 / Sq Ft
05/20/2014 05/20/14 Pending -- -- --
05/15/2014 05/15/14 For Sale $535,000 -- $273 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,762 $1,194,000 $637,000 $557,000
2023 $10,499 $1,079,000 $600,000 $479,000
2022 $9,824 $1,181,000 $482,000 $699,000
2021 $8,886 $1,039,000 $430,000 $609,000
2020 $9,168 $888,000 $353,000 $535,000
2018 $6,307 $697,000 $367,000 $330,000
2017 $5,347 $608,000 $320,000 $288,000
2016 $5,051 $530,000 $230,000 $300,000
2015 $4,518 $490,000 $213,000 $277,000
2014 -- $448,000 $190,000 $258,000
2013 -- $403,000 $174,000 $229,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM632941

Northwest Multiple Listing Service (NWMLS)

APN: 510140-4563