NOT LISTED FOR SALE

Estimated Value: $962,000

0.2 Acre
$4,810,000 Price per Acre
8,712 Sq Ft Lot

Last Sold July 01, 2020

Last sale price $1,500,000 $798 Per Sq Ft

Est. 36% decrease in value since last sale

Current estimated payment $5,766/month

429 Days on Market

Highlights

  • Lake View
  • Briarcrest Elementary School Rated A
  • Level Lot

About This Lot

As of July 2020

Fantastic investment opportunity ALERT!!! Construction permit is ready for 17 units Condos. All units have gorgeous Lake Washington view! 15 minutes to Seattle downtown. If desired, seller will provide construction service to make it a turn key project. This property is also listed under multi-Family MLS 1344893.

Last Agent to Sell the Property

Jason Wu

AgencyOne License #127501 Listed on: 08/12/2018

AgencyOne

Last Buyer's Agent

Jason Wu

AgencyOne License #127501 Listed on: 08/12/2018

AgencyOne

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1344867

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,408

Lot Details

Additional Features

  • Lake Views
  • Level Lot

Community Details

  • Lake Forest Park Community

Listing and Financial Details

  • Assessor Parcel Number 1568100670

Property Details

Property Type

Land

Est. Annual Taxes

$6,408

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Style: 42 - Multi-Family
  • Restrictions: No Restrictions
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: Paved
  • Road On Which Sideof Property: West
  • View: Lake
  • Water Jurisdiction: seattle water department

Utilities

  • Electricity: On Property
  • Gas Available: In Street
  • Sewer: Available
  • Water: On Property

Condo/Co-op/Association

  • Community Name: Lake Forest Park

Schools

  • School District: SRI

Lot Info

  • Lot Number: 6 & 7
  • General Zoning Classification: Multi-Family
  • Lot Details: Paved Street
  • Lot Dimensions: 87 X 92
  • Lot Sq Ft: 8706
  • Parcel Number: 1568100670
  • Topography: Level
  • Zoning Jurisdiction: City
  • Zoning Remarks: SG-C

Tax Info

  • Tax Amount: 4880

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2023
Sold by
Law Offices Of Jason C Tatman
Bought by
Lfp Lake View Condos Llc
Current Estimated Value
$962,000

Purchase Details

Listed on
Aug 12, 2018
Closed on
Jun 11, 2020
Sold by
14727 Investments Llc
Bought by
Lfp Lake View Condos Llc
Seller's Agent
Jason Wu
AgencyOne
Buyer's Agent
Jason Wu
AgencyOne
List Price
$1,650,000
Sold Price
$1,500,000
Premium/Discount to List
-$150,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.22%
Original Mortgage
$800,000
Interest Rate
3.1%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Jan 22, 2015
Closed on
Mar 20, 2015
Sold by
Ourcapitalgroup Llc
Bought by
14727 Investments Llc
Seller's Agent
ShopProp Realty
ShopProp Inc.
List Price
$329,900
Sold Price
$395,900
Premium/Discount to List
$66,000
20.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.88%

Purchase Details

Closed on
Nov 25, 2014
Sold by
Williams John L and Williams Beth E
Bought by
Our Capital Group

Purchase Details

Closed on
Nov 19, 2012
Sold by
Williams Beth E
Bought by
Williams John L

Purchase Details

Closed on
Nov 25, 2010
Sold by
Northwest Trustee Services Inc
Bought by
Our Capital Group Partnership

Purchase Details

Closed on
Feb 19, 2002
Sold by
Himle C Todd
Bought by
Williams John L and Williams Beth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,200
Interest Rate
6.8%

Purchase Details

Closed on
Aug 24, 2000
Sold by
Williams Jacqueline L
Bought by
Williams John L and Williams Beth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
10.7%
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
Lfp Lake View Condos Llc $1,458,481 First American Title
Lfp Lake View Condos Llc $1,500,000 Ticor Title
14727 Investments Llc $395,900 Old Republic
Our Capital Group $281,000 None Available
Williams John L -- None Available
Our Capital Group Partnership $281,000 --
Williams John L $56,527 Lawyers Title Agency
Williams John L $180,000 Evergreen Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lfp Lake View Condos Llc $800,000
Previous Owner Lfp Lake View Condos Llc $650,000
Previous Owner Lfp Lake View Condos Llc $4,412,450
Previous Owner Williams John L $90,000
Previous Owner Williams John L $178,200
Previous Owner Williams John L $126,000
Closed Williams John L $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2020 07/01/20 Sold $1,500,000 -9.1% $798 / Sq Ft
10/15/2019 10/15/19 Pending -- -- --
10/10/2019 10/10/19 For Sale $1,650,000 0.0% $878 / Sq Ft
09/11/2019 09/11/19 Pending -- -- --
03/20/2019 03/20/19 For Sale $1,650,000 +3.1% $878 / Sq Ft
08/14/2018 08/14/18 Pending -- -- --
08/12/2018 08/12/18 For Sale $1,600,000 +304.1% $851 / Sq Ft
04/01/2015 04/01/15 Sold $395,900 -1.0% $211 / Sq Ft
04/01/2015 04/01/15 Sold $399,900 +14.3% $213 / Sq Ft
03/10/2015 03/10/15 Pending -- -- --
03/10/2015 03/10/15 Pending -- -- --
02/20/2015 02/20/15 Price Changed $349,900 +7.7% $186 / Sq Ft
02/10/2015 02/10/15 For Sale $324,900 0.0% $173 / Sq Ft
01/28/2015 01/28/15 Pending -- -- --
01/26/2015 01/26/15 Price Changed $324,900 -1.5% $173 / Sq Ft
01/22/2015 01/22/15 For Sale $329,900 0.0% $175 / Sq Ft
01/19/2015 01/19/15 Price Changed $329,900 -2.9% $175 / Sq Ft
01/07/2015 01/07/15 Price Changed $339,900 -2.9% $181 / Sq Ft
01/05/2015 01/05/15 Price Changed $349,900 -2.8% $186 / Sq Ft
01/01/2015 01/01/15 Price Changed $359,900 -2.7% $191 / Sq Ft
12/30/2014 12/30/14 Price Changed $369,900 -2.6% $197 / Sq Ft
12/01/2014 12/01/14 Price Changed $379,900 -5.0% $202 / Sq Ft
11/21/2014 11/21/14 For Sale $399,950 -- $213 / 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 $6,408 $696,400 $696,400 --
2023 $4,923 $583,300 $583,300 $0
2022 $5,114 $539,700 $539,700 $0
2021 $5,654 $478,800 $478,800 $0
2020 $4,490 $478,800 $478,800 $0
2018 $4,881 $383,000 $383,000 $0
2017 $2,805 $418,000 $418,000 $0
2016 $5,512 $242,000 $242,000 $0
2015 $5,535 $455,000 $314,000 $141,000
2014 -- $433,000 $287,000 $146,000
2013 -- $373,000 $247,000 $126,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1344867

Northwest Multiple Listing Service (NWMLS)

APN: 156810-0670