Listed by Professional Realty Services, Bought with Windermere Real Estate/East
NOT LISTED FOR SALE

Estimated Value: $680,000 - $2,842,675

0.84 Acre
$2,221,630 Price per Acre
36,590 Sq Ft Lot

Last Sold March 31, 2020

Last sale price $1,640,000 $562 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $10,817/month

145 Days on Market

Highlights

  • Waterfront Community
  • Lake View
  • Level Lot
  • Arrowhead Elementary School Rated A

About This Lot

As of March 2020

Arrowhead Point view lots for new homes-- western exposure Lake Washington. 3 buildable lots with 4th lot for open space or additional sq ft to existing lots. In area of higher priced view & waterfront homes. St. Edwards Park, Bastyr University, Inglewood golf course, Hwy 522 nearby. Most of the trees that block a great view from all 3 lots are on the subject property. Existing home sold “as is”. Would not take much to be rentable again. Sewer, water, gas, electricity on property & in street.

Last Agent to Sell the Property

Daniel Horovitz

Professional Realty Services Listed on: 10/09/2019

Last Buyer's Agent

Kitty Ballard

Windermere Real Estate/East License #6145

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1528013

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,194

Lot Details

  • Street terminates at a dead end
  • Level Lot

Property Views

  • Lake
  • City
  • Mountain

Utilities

  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 0281100154

Community Details

Overview

  • Arrowhead Community

Recreation

  • Waterfront Community

Property Details

Property Type

Land

Est. Annual Taxes

$7,194

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Brush, Evergreens, Lightly Treed
  • Style: 40 - Res-Less Thn 1 Ac
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: Paved
  • View: City, Lake, Mountain
  • Water Jurisdiction: Northshore

Utilities

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

Condo/Co-op/Association

  • Community Name: Arrowhead
  • Community Features: Community Waterfront/Pvt Beach

Schools

  • Elementary School: Arrowhead Elem
  • Middle School: Kenmore Middle Schoo
  • High School: Inglemoor Hs
  • School District: NTH

Lot Info

  • General Zoning Classification: Residential
  • Improvements: Cable Tv Available, Outbuilding(s)
  • Lot Details: Dead End Street, Paved Street
  • Lot Sq Ft: 36676
  • Parcel Number: 0281100154
  • Topography: Level, Sloped
  • Zoning Jurisdiction: City
  • Zoning Remarks: R4

Tax Info

  • Tax Amount: 15642

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2019
Closed on
Mar 26, 2020
Sold by
Freed Lisa and Freed Robert
Bought by
Tott Christopher J
Seller's Agent
Daniel Horovitz
Professional Realty Services
Buyer's Agent
Kitty Ballard
Windermere Real Estate/East
List Price
$2,100,000
Sold Price
$1,640,000
Premium/Discount to List
-$460,000
-21.9%
Current Estimated Value
$1,866,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,169
Avg. Annual Appreciation
5.79%
Original Mortgage
$984,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 1998
Sold by
Parker Robert Lee and Parker Linda B
Bought by
Freed Robert M and Freed Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage
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
Tott Christopher J $1,640,000 Fidelity National Title
Freed Robert M $496,000 Old Republic Title Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tott Christopher J $749,990
Closed Tott Christopher J $984,000
Previous Owner Freed Robert $100,000
Previous Owner Freed Robert $200,000
Previous Owner Freed Robert M $296,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2020 03/31/20 Sold $1,640,000 -2.4% $562 / Sq Ft
03/02/2020 03/02/20 Pending -- -- --
02/10/2020 02/10/20 Price Changed $1,680,000 -11.6% $575 / Sq Ft
01/09/2020 01/09/20 Price Changed $1,900,000 -9.5% $651 / Sq Ft
10/09/2019 10/09/19 For Sale $2,100,000 -- $719 / 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 $7,194 $731,000 $731,000 --
2023 $6,209 $596,000 $596,000 $0
2022 $5,563 $710,000 $710,000 $0
2021 $5,059 $516,000 $516,000 $0
2020 $4,867 $427,000 $427,000 $0
2018 $7,801 $703,000 $399,000 $304,000
2017 $7,298 $627,000 $356,000 $271,000
2016 $6,960 $593,000 $337,000 $256,000
2015 $6,702 $561,000 $320,000 $241,000
2014 -- $518,000 $291,000 $227,000
2013 -- $438,000 $246,000 $192,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1528013

Northwest Multiple Listing Service (NWMLS)

APN: 028110-0155