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

Estimated Value: $2,862,000 - $3,130,000

0.97 Acre
$3,072,704 Price per Acre
42,253 Sq Ft Lot

Last Sold May 28, 2015

Last sale price $1,200,000 $667 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $17,843/month

25 Days on Market

About This Lot

As of May 2015

Shy Acre (42,220 sq ft) zoned R-5, just across the road from Microsoft. Beautiful estate-like property for development. Nice opportunity for higher-end developer/builder. Minimum average lot size is 5500 sq ft per zoning code. Potential for 4 - 7 residential lots depending on Buyer's density preference. House on property is occupied by Seller. Value is in the land.

Last Agent to Sell the Property

William Fredrickson

Madison Partners Real Estate License #3776 Listed on: 08/19/2014

Last Buyer's Agent

Todd Baxter

Windermere Real Estate/East License #20108887

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM662856

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $19,234

Lot Details

  • Corner Lot
  • Level Lot

Community Details

  • Microsoft Community

Listing and Financial Details

  • Assessor Parcel Number 2182500070

Property Details

Property Type

Land

Est. Annual Taxes

$19,234

Lot Details

0

Listing Details

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

Interior Features

  • Level: gorgeous level land

Exterior Features

  • Road Information: Paved
  • Road On Which Sideof Property: West and South
  • Water Jurisdiction: Public

Utilities

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

Condo/Co-op/Association

  • Community Name: Microsoft
  • Project: East Side Gardens Add

Schools

  • Elementary School: Rush Elem
  • Middle School: Rose Hill Jnr High
  • High School: Lake Wash High
  • School District: LKW

Lot Info

  • General Zoning Classification: Residential
  • Improvements: Dwelling, Garage, Outbuilding(s)
  • Lot Details: Corner Lot, Paved Street
  • Lot Dimensions: 138x44x224x170x250
  • Lot Sq Ft: 42220
  • Parcel Number: 2182500070
  • Slopeof Property: approx dimensions 138x44x224x170x250
  • Topography: Level
  • Zoning Jurisdiction: City
  • Zoning Remarks: R-5

Tax Info

  • Tax Amount: 5015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2019
Sold by
Veeravalli Sreedhar and Chintala Saraswathi
Bought by
Veeravalli Sreedhar and Chintala Saraswathi
Current Estimated Value
$2,980,523

Purchase Details

Closed on
Feb 10, 2017
Sold by
Patil Nagaraj
Bought by
Pacharu Chittibabu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2017
Sold by
Naresh Swetha Rani Yennu
Bought by
Pacharu Chittibabu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 19, 2014
Closed on
Jun 13, 2015
Sold by
Thiruveedu Prasad and Patil Nagarah
Bought by
Zakhareyev Evgene and Zakhareyev Irina
Seller's Agent
William Fredrickson
Madison Partners Real Estate
Buyer's Agent
Todd Baxter
Windermere Real Estate/East
List Price
$1,500,000
Sold Price
$1,200,000
Premium/Discount to List
-$300,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.19%
Original Mortgage
$600,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 19, 2014
Closed on
May 26, 2015
Sold by
Singer Maurice C
Bought by
Thiruveedu Prasad and Patil Nagaraj
Seller's Agent
William Fredrickson
Madison Partners Real Estate
Buyer's Agent
Todd Baxter
Windermere Real Estate/East
List Price
$1,500,000
Sold Price
$1,200,000
Premium/Discount to List
-$300,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 19, 2014
Closed on
May 21, 2015
Sold by
Patil Varsha
Bought by
Patil Nagaraj
Seller's Agent
William Fredrickson
Madison Partners Real Estate
Buyer's Agent
Todd Baxter
Windermere Real Estate/East
List Price
$1,500,000
Sold Price
$1,200,000
Premium/Discount to List
-$300,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2000
Sold by
Singer Evelyn J
Bought by
Singer Maurice C
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
Veeravalli Sreedhar -- None Available
Pacharu Chittibabu $182,000 Stewart Title
Pacharu Chittibabu -- Stewart Title
Zakhareyev Evgene -- None Available
Thiruveedu Prasad $1,200,000 Stewart Title
Patil Nagaraj -- Stewart Title
Veeravalli Sreedhar -- Stewart Title
Abraham Francis -- Stewart Title
Thiruveedu Prasad -- Stewart Title
Uppala Babu -- Stewart Title
Singer Maurice C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Veeravalli Sreedhar $1,000,000
Closed Pacharu Chittibabu $600,000
Previous Owner Thiruveedu Prasad $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2015 05/28/15 Sold $1,200,000 -20.0% $667 / Sq Ft
09/13/2014 09/13/14 Pending -- -- --
08/19/2014 08/19/14 For Sale $1,500,000 -- $833 / 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 $19,234 $2,449,000 $756,000 $1,693,000
2023 $19,587 $2,017,000 $634,000 $1,383,000
2022 $15,711 $2,666,000 $643,000 $2,023,000
2021 $14,889 $1,828,000 $444,000 $1,384,000
2020 $3,409 $1,601,000 $390,000 $1,211,000
2018 $4,750 $100,800 $100,800 $0
2017 $5,707 $475,000 $475,000 $0
2016 $5,587 $596,000 $396,000 $200,000
2015 $5,548 $578,000 $387,000 $191,000
2014 -- $556,000 $372,000 $184,000
2013 -- $459,000 $316,000 $143,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM662856

Northwest Multiple Listing Service (NWMLS)

APN: 218250-0070