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

Estimated Value: $6,032,000 - $9,722,950

3 Beds
2 Baths
1,490 Sq Ft
$5,287/Sq Ft Est. Value

Last Sold August 12, 2014

Last sale price $2,125,000 $1,426 Per Sq Ft

Est. 271% increase in value since last sale

Current estimated payment $49,213/month

12 Days on Market

About This Home

As of August 2014

Exclusive opportunity!!!! Build your waterfront dream home. Two properties for sale together totaling 39,466 sqft!!! Take advantage of this once in a lifetime opportunity to own your buildable waterfront "West of Market" estate! Street to water.....talk to you soon!

Last Agent to Sell the Property

Emo Rowe

Windermere Real Estate/East License #77720 Listed on: 06/26/2014

Windermere Real Estate/East

Co-Listed By

JonErik Johnson

Professional Realty Services

Last Buyer's Agent

Sam Biddle

Windermere Real Estate/East License #46238

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM656752

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$87,411

Year Built

1927

Lot Details

0

Listing Details

  • Leased Equipment: Furance
  • Sq Ft Finished: 1490
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1927

Interior Features

  • Fireplaces: 1
  • Basement: Daylight
  • Fireplaces: 1
  • Water Heater Location: Utility area-Electric

Exterior Features

  • Roof: Composition
  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Bay, Lake
  • Waterfront: Low Bank
  • Waterfront Frontage: 60
  • Lot Topography: Level, Steep Slope

Garage/Parking

  • Parking Type: Carport-Detached
  • Total Covered Spaces: 2

Utilities

  • Cooling: Forced Air
  • Heating: Forced Air
  • Heating and Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Connected
  • Sewer Company: Kirkland/King County
  • Water Company: City of Kirkland
  • Water Source: Public

Schools

  • School District: LKW
  • Elementary School: Kirk Elem
  • Middle School: Kirkland Jnr High
  • High School: Lake Wash High

Lot Info

  • Lot Dimensions: 546*60*556*61

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2014
Closed on
Aug 8, 2014
Sold by
Melton Mary Grace
Bought by
Ghafghazi Shahram and Akhavanfarid Shima
Seller's Agent
Emo Rowe
Windermere Real Estate/East
Buyer's Agent
Sam Biddle
Windermere Real Estate/East
List Price
$2,100,000
Sold Price
$2,125,000
Premium/Discount to List
$25,000
1.19%
Current Estimated Value
$7,877,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,752,475
Avg. Annual Appreciation
12.46%
Original Mortgage
$1,593,750
Outstanding Balance
$1,210,214
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$6,667,261

Purchase Details

Closed on
Jul 8, 2009
Sold by
Melton Mary Grace
Bought by
Melton Mary Grace and John H Melton Jr By Pass Trust
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
Ghafghazi Shahram $2,125,000 Wfg National
Melton Mary Grace -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ghafghazi Shahram $1,593,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2014 08/12/14 Sold $2,125,000 +1.2% $1,426 / Sq Ft
07/09/2014 07/09/14 Pending -- -- --
06/26/2014 06/26/14 For Sale $2,100,000 -- $1,409 / 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 $87,411 $10,972,000 $3,429,000 $7,543,000
2023 $74,315 $8,841,000 $3,141,000 $5,700,000
2022 $66,601 $10,661,000 $3,794,000 $6,867,000
2021 $40,406 $7,617,000 $2,676,000 $4,941,000
2020 $24,941 $4,241,000 $2,298,000 $1,943,000
2018 $21,669 $2,251,000 $2,251,000 $0
2017 $20,350 $2,162,000 $2,019,000 $143,000
2016 $19,568 $2,121,000 $2,020,000 $101,000
2015 $14,664 $2,014,000 $1,890,000 $124,000
2014 -- $1,449,000 $1,448,000 $1,000
2013 -- $1,318,000 $1,317,000 $1,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM656752

Northwest Multiple Listing Service (NWMLS)

APN: 124550-0952