Listed by The Agency Northwest, Bought with eXp Realty
NOT LISTED FOR SALE

Estimated Value: $774,000 - $890,328

2 Beds
1.5 Baths
1,540 Sq Ft
$552/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $903,000 $586 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $5,276/month

13 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Docks
  • Craftsman Architecture
  • Briarwood Elementary School Rated A
  • Lake View
  • Deck

About This Home

As of June 2022

Spectacular 87' low-bank waterfront awaits you on beautiful Lake Kathleen. Rare & unique opportunity to own waterfront with combined purchase of adjacent 3 acres, creating a backyard park-like retreat or new custom dream home! Fourth generation ownership, first time on market in decades, now awaits your legacy! Mid-lake location, western exposure to enjoy glistening sunsets & abundant wildlife. Enjoy kayaking, paddle boarding, rafting, swimming. Trout stocked annually for fishing derby! Electric motor only. 1931 vintage cottage home. Dream endlessly to rebuild or relocate cottage back to lakeside! Issaquah SD & outside RTA tax district. 15'x18' detached garage. Country living but so close in, just minutes to DT Issaquah or Renton!

Last Agent to Sell the Property

Matthew Jensen

The Agency Northwest License #73801 Listed on: 05/19/2022

The Agency Northwest

Co-Listed By

Ella Turlington

John L. Scott Snohomish

Last Buyer's Agent

Robert Croner

eXp Realty License #71791

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1934122

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,094

Year Built

  • Built in 1931

Lot Details

  • 0.6 Acre Lot
  • Low Bank Waterfront Property
  • 87 Feet of Waterfront
  • Street terminates at a dead end
  • Partially Fenced Property
  • Sloped Lot
  • Garden
  • Value in Land
  • Property is in good condition

HOA Fees

  • $5 Monthly HOA Fees

Property Views

  • Lake
  • Territorial

Home Design

  • Craftsman Architecture
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,540 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Finished Basement

Kitchen

  • Oven or Range
  • Stove

Flooring

  • Softwood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Outdoor Features

  • Docks
  • Deck
  • Patio
  • Outbuilding

Schools

  • Briarwood Elementary School
  • Maywood Mid Middle School
  • Liberty Snr High School

Utilities

  • Water Heater
  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Lake Kathleen Community Association
  • Secondary HOA Phone (206) 930-8288
  • Lake Kathleen Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 1823069025

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,094

Year Built

Built in 1931

Lot Details

0

HOA Fees

$5 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1931
  • Inclusions: Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Craftsman
  • Building Name: Lake Kathleen
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1540
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 1,148

Interior Features

  • Basement: Finished
  • Appliances: Refrigerator, Stove/Range
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Softwood, Vinyl, Carpet
  • Interior Amenities: Forced Air, Fir/Softwood, Wall to Wall Carpet, Dining Room, Water Heater
  • Living Area: 1540
  • Bathrooms: 1.5
  • BathsFullMain: 1
  • SquareFootageFinished: 1540
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 1
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 2
  • BedroomsUpper: 0
  • AppliancesIncluded: Refrigerator,Stove/Range

Exterior Features

  • Roof: Composition
  • View: Lake, Territorial
  • Lot Features: Dead End Street, Paved, Value In Land
  • View: Yes
  • Waterfront Features: Bank-Low
  • Waterfront: Yes
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete, Slab
  • Property Condition: Good
  • Structure Type: House
  • ConstructionMethods: Standard Frame
  • WaterfrontFootage: 87'

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Septic System, Electricity Available, Natural Gas Connected, Common Area Maintenance, See Remarks
  • HeatingCoolingType: Forced Air
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: KCWD#90
  • WaterHeaterLocation: Basement
  • WaterHeaterType: Gas
  • CableConnected: Xfinity

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No
  • Association Fee: 60
  • Association Fee Frequency: Annually
  • Phone: 206-930-8288
  • Association: Yes
  • AssociationContactName: Lake Kathleen Community Association

Schools

  • Junior High Dist: Issaquah
  • High School: Liberty Snr High
  • Middle Or Junior School: Maywood Mid

Lot Info

  • Parcel Number: 1823069025
  • Topography: PartialSlope,Sloped
  • Land Lease: No
  • Lot Size Acres: 0.6
  • Lot Size Sq Ft: 26136
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Dock,Fenced-Partially,Gas Available,High Speed Internet,Outbuildings,Patio
  • MLSLotSizeSource: KCR
  • MLSSquareFootageSource: KCR
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021
  • Tax Annual Amount: 7094

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Briarwood Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2022
Closed on
Jun 29, 2022
Sold by
Kristianne Richardson
Bought by
Richardson David
Seller's Agent
Matthew Jensen
The Agency Northwest
Buyer's Agent
Robert Croner
eXp Realty
List Price
$800,000
Sold Price
$903,000
Premium/Discount to List
$103,000
12.88%
Current Estimated Value
$850,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$52,418
Avg. Annual Appreciation
-2.25%
Original Mortgage
$704,000
Outstanding Balance
$675,400
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$165,519
Source: Public Records

Range of Values:

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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
Richardson David -- None Listed On Document
Richardson David $903,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richardson David $704,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $903,000 +12.9% $586 / Sq Ft
06/01/2022 06/01/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $800,000 -- $519 / 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 $7,631 $736,000 $542,000 $194,000
2023 $6,775 $623,000 $460,000 $163,000
2022 $7,337 $875,000 $496,000 $379,000
2021 $7,094 $639,000 $404,000 $235,000
2020 $7,026 $568,000 $378,000 $190,000
2018 $6,032 $570,000 $378,000 $192,000
2017 $5,375 $458,000 $323,000 $135,000
2016 $4,865 $411,000 $297,000 $114,000
2015 $4,523 $362,000 $261,000 $101,000
2014 -- $341,000 $247,000 $94,000
2013 -- $294,000 $221,000 $73,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1934122

Northwest Multiple Listing Service (NWMLS)

APN: 182306-9025