NOT LISTED FOR SALE

Estimated Value: $1,406,000 - $1,559,000

4 Beds
2 Baths
1,310 Sq Ft
$1,117/Sq Ft Est. Value

Last Sold March 25, 2022

Last sale price $1,550,000 $1,183 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $8,840/month

5 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Lake View
  • Fruit Trees
  • Mark Twain Elementary School Rated A
  • 0.53 Acre Lot
  • Deck

About This Home

As of March 2022

Attention Builders, Developers, and Investors! Extra Large in city lot on Forbes Lake with over 40 feet of waterfront! Build your dream home or possible sub divide (buyer to verify). Cute bungalow with a full basement just waiting for your ideas and finishing touches. Garden area, fruit trees (apple, plum, cherry), a few outbuildings and lots of space available outback. The basement is partially finished with a kitchenette and 3/4 bath. More bedrooms, work out room, craft room, game room? Excellent location for a commuter. Walking distance to buslines, restaurants, and freeways. Location can't be beat!

Last Agent to Sell the Property

Lisa Jo Trout

Better Properties Kent LLC License #90323 Listed on: 02/15/2022

Better Properties Kent LLC

Last Buyer's Agent

Lisa Jo Trout

Better Properties Kent LLC License #90323 Listed on: 02/15/2022

Better Properties Kent LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1889914

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $691

Year Built

  • Built in 1951

Lot Details

  • 0.53 Acre Lot
  • Low Bank Waterfront Property
  • 41 Feet of Waterfront
  • Lake Front
  • North Facing Home
  • Level Lot
  • Fruit Trees
  • Garden
  • Value in Land

Parking

  • 1 Car Detached Garage

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1,310 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Partially Finished Basement

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

Schools

  • Lake Wash High School

Additional Features

  • Deck
  • Property is near public transit
  • Water Heater

Community Details

  • No Home Owners Association
  • Kirkland Subdivision

Listing and Financial Details

  • Senior Tax Exemptions
  • Legal Lot and Block 43 / 26
  • Assessor Parcel Number 1238500811

Home Details

Home Type

Single Family

Est. Annual Taxes

$691

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1951
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Burke-Farrars Kirkland Div 14
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 2110
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: true
  • Special Features: None
  • Cumulative Days on Market: 1,226

Interior Features

  • Fireplaces: 1
  • Basement: Partially Finished
  • Full Bathrooms: 2
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet, Water Heater
  • Living Area: 1310
  • Main Level Bedrooms: 2
  • Bathrooms: 2
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 1310
  • SquareFootageUnfinished: 800
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 2
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: Lake, Mountain(s), Territorial
  • Lot Features: Paved, Value In Land
  • View: Yes
  • Waterfront Features: Bank-Low, Lake, No Bank
  • Waterfront: Yes
  • Direction Faces: North
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • BusLineNearby: true
  • WaterfrontFootage: 41

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Detached Garage
  • Total Parking Spaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Sewer Connected, Electricity Available
  • HeatingCoolingType: Forced Air
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: City of Kirkland
  • WaterHeaterLocation: basement
  • WaterHeaterType: electric

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Lake Washington
  • High School: Lake Wash High
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 1238500811
  • Topography: Level,PartialSlope
  • Land Lease: No
  • Lot Size Acres: 0.5297
  • Lot Size Sq Ft: 23072
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • LotNumber: 43

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021
  • Tax Annual Amount: 691

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2022
Closed on
Mar 9, 2022
Sold by
Lucas Janis K
Bought by
Zhang Quan and Tang Chen
Seller's Agent
Lisa Jo Trout
Better Properties Kent LLC
Buyer's Agent
Lisa Jo Trout
Better Properties Kent LLC
List Price
$1,100,000
Sold Price
$1,550,000
Premium/Discount to List
$450,000
40.91%
Current Estimated Value
$1,459,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$90,476
Avg. Annual Appreciation
-3.09%
Original Mortgage
$1,240,000
Outstanding Balance
$1,166,155
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$228,619
Source: Public Records

Range of Values:

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Average Value
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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
Zhang Quan $1,550,000 New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Quan $1,240,000
Previous Owner Lucas Mark H $780,000
Previous Owner Lucas Mark H $276,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2022 03/25/22 Sold $1,550,000 +40.9% $1,183 / Sq Ft
02/20/2022 02/20/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $1,100,000 -- $840 / 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 $9,352 $1,140,000 $1,131,000 $9,000
2023 $7,345 $843,000 $750,000 $93,000
2022 $677 $1,049,000 $932,000 $117,000
2021 $691 $728,000 $651,000 $77,000
2020 $687 $270,000 $170,000 $100,000
2018 $737 $270,000 $170,000 $100,000
2017 $781 $515,000 $441,000 $74,000
2016 $795 $463,000 $398,000 $65,000
2015 $809 $418,000 $359,000 $59,000
2014 -- $386,000 $338,000 $48,000
2013 -- $344,000 $302,000 $42,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1889914

Northwest Multiple Listing Service (NWMLS)

APN: 123850-0811