Listed by Windermere R.E. Northeast, Inc, Bought with COMPASS
NOT LISTED FOR SALE

1542 NE Northgate Way Seattle, WA 98125

Lake City Neighborhood

Estimated Value: $697,000 - $967,000

0.27 Acre
$3,224,378 Price per Acre
11,761 Sq Ft Lot

Last Sold February 12, 2016

Last sale price $312,000 $231 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $5,418/month

116 Days on Market

Highlights

  • Level Lot
  • Jane Addams Middle School Rated A-
  • 4-minute walk to Victory Creek Park

About This Lot

As of February 2016

Opportunity knocks!! Rare find. This 11,775 sq. ft. (157' X 75') lot is level with all utilities on site. Super-convenient location with easy access to Northgate Mall, restaurants, services and I-5. Plenty of room to build a primary residence plus an additional studio, shop, second garage or ADU. On bus line or walk to the mall. Existing residence would need to be removed. Value is in the land.

Last Agent to Sell the Property

Ronald Ball

Windermere R.E. Northeast, Inc License #29609 Listed on: 10/02/2015

Windermere R.E. Northeast, Inc

Last Buyer's Agent

Samuel Harris

COMPASS License #18487

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM854808

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,197

Lot Details

  • Level Lot

Community Details

  • Northgate Community

Listing and Financial Details

  • Assessor Parcel Number 8901000300

Property Details

Property Type

Land

Est. Annual Taxes

$8,197

Lot Details

0

Listing Details

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

Exterior Features

  • Road Information: Paved
  • Road On Which Sideof Property: South
  • Water Jurisdiction: City of Seattle

Utilities

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

Condo/Co-op/Association

  • Community Name: Northgate
  • Project: Victory Heights

Schools

  • Middle School: Jane Addams
  • High School: Nathan Hale High
  • School District: SEA

Lot Info

  • Lot Number: 2
  • General Zoning Classification: Residential
  • Improvements: Cable Tv Available, Dwelling, Fenced-Partially
  • Lot Details: Curbs, Paved Street, Sidewalk
  • Lot Dimensions: 157'x75'
  • Lot Sq Ft: 11775
  • Parcel Number: 8901000300
  • Topography: Level
  • Zoning Jurisdiction: City
  • Zoning Remarks: SF 7200

Tax Info

  • Tax Amount: 2002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2015
Closed on
Feb 5, 2016
Sold by
Michlitch Steve and Michlitch Robert S
Bought by
Aldoub Saleh
Seller's Agent
Ronald Ball
Windermere R.E. Northeast, Inc
Buyer's Agent
Samuel Harris
COMPASS
List Price
$239,500
Sold Price
$312,000
Premium/Discount to List
$72,500
30.27%
Current Estimated Value
$870,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$558,582
Avg. Annual Appreciation
10.99%

Purchase Details

Listed on
Oct 2, 2015
Closed on
Dec 23, 2015
Sold by
Monigold Ray A
Bought by
Michlith Steve and Michlitch Robert
Seller's Agent
Ronald Ball
Windermere R.E. Northeast, Inc
Buyer's Agent
Samuel Harris
COMPASS
List Price
$239,500
Sold Price
$312,000
Premium/Discount to List
$72,500
30.27%

Purchase Details

Closed on
Jul 16, 2015
Sold by
Monigold William W
Bought by
Michlitch Steve and Michlitch Robert S

Purchase Details

Closed on
Apr 24, 2003
Sold by
Monigold Jeannette M
Bought by
Monigold Jeannette M and Monigold William W
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
Aldoub Saleh $312,000 Ticor National
Michlith Steve -- None Available
Michlitch Steve -- None Available
Monigold Jeannette M -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aldoub Saleh $400,000
Previous Owner Monigold William W $270,500
Previous Owner Monigold William W $250,000
Previous Owner Monigold William W $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2016 02/12/16 Sold $312,000 +30.3% $231 / Sq Ft
01/26/2016 01/26/16 Pending -- -- --
10/02/2015 10/02/15 For Sale $239,500 -- $177 / 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 $8,197 $806,000 $475,000 $331,000
2023 $7,345 $729,000 $448,000 $281,000
2022 $7,013 $780,000 $351,000 $429,000
2021 $6,344 $686,000 $314,000 $372,000
2020 $6,503 $586,000 $258,000 $328,000
2018 $2,900 $625,000 $268,000 $357,000
2017 $2,465 $229,000 $219,000 $10,000
2016 $2,301 $197,000 $187,000 $10,000
2015 $2,002 $181,000 $171,000 $10,000
2014 -- $159,000 $149,000 $10,000
2013 -- $146,000 $136,000 $10,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM854808

Northwest Multiple Listing Service (NWMLS)

APN: 890100-0300