Listed by Windermere RE Greenwood
NOT LISTED FOR SALE

Estimated Value: $1,156,000 - $1,604,000

0.86 Acre
$1,601,484 Price per Acre
37,501 Sq Ft Lot

Last Sold March 15, 2024

Last sale price $2,975,000 $1,814 Per Sq Ft

Current estimated payment $7,713/month

9 Days on Market

About This Lot

As of March 2024

This is a bankruptcy auction. Upcoming Auction March 1. OFFERS ARE DUE FEB 26 FOR COMMITTEE REVIEW. Closing March 12. Approved plans for 5 elder care homes, ground is level and ready to go. All liens will be paid off by escrow at closing, buyer will inherit a clean title. Finding a landlord for the exit. Site allows for 10 single family homes, however restarting entitlements on this site will prove to be very costly. 1.5M gross profit potential on the current business plan.

Last Agent to Sell the Property

Steven Weber

Windermere RE Greenwood Listed on: 02/21/2024

Windermere RE Greenwood

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2202109

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,398

Lot Details

  • 0.86 Acre Lot

Community Details

  • No Home Owners Association
  • Kenmore Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3578600082

Property Details

Property Type

Land

Est. Annual Taxes

$2,398

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 40 - Res-Less thn 1 Ac
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 0
  • Special Features: Auction
  • Cumulative Days on Market: 536

Interior Features

  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • View: No
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: Access Easement

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: On Property
  • Water Source: Available
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: Yes
  • Utilities: Natural Gas Available, Electricity Connected
  • ElectricityStatus: On Property
  • GasStatus: On Property

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Northshore

Lot Info

  • Parcel Number: 3578600082
  • Lot Size Acres: 0.8609
  • Lot Size Sq Ft: 37500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: docs for plans
  • ZoningJurisdiction: City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2024
Closed on
Mar 13, 2024
Sold by
Senza Kenmore Llc
Bought by
Moorlands Grove Llc
Seller's Agent
Steven Weber
Windermere RE Greenwood
List Price
$2,050,000
Sold Price
$2,975,000
Premium/Discount to List
$925,000
45.12%
Views
8
Current Estimated Value
$1,378,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,596,282
Avg. Annual Appreciation
-41.16%
Original Mortgage
$2,300,000
Interest Rate
6.63%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 9, 2016
Sold by
Tollefson Terry W and Bascom Deanne L
Bought by
Senza Kenmore Llc

Purchase Details

Closed on
Jan 25, 2000
Sold by
Tollefson Terry W and Bascom Deanne L
Bought by
Tollefson Terry W and Bascom Deanne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 1996
Sold by
Metcalf Shirley A and Weeden Shirley A S
Bought by
Tollefson Terry W and Bascom Deanne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,750
Interest Rate
7.8%
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
Moorlands Grove Llc $2,975,000 Chicago Title
Senza Kenmore Llc $540,000 Wfg National
Tollefson Terry W -- Washington Title
Tollefson Terry W $175,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Moorlands Grove Llc $2,300,000
Previous Owner Senza Kenmore Llc $450,000
Previous Owner Tollefson Terry W $65,000
Previous Owner Tollefson Terry W $292,000
Previous Owner Tollefson Terry W $148,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $2,975,000 +45.1% $1,814 / Sq Ft
03/01/2024 03/01/24 Pending -- -- --
02/21/2024 02/21/24 For Sale $2,050,000 -- $1,250 / 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 $2,398 $215,003 $215,003 --
2023 $4,170 $404,000 $404,000 $0
2022 $3,856 $481,000 $481,000 $0
2021 $3,516 $350,000 $350,000 $0
2020 $3,387 $290,000 $290,000 $0
2018 $4,777 $422,000 $270,000 $152,000
2017 $4,480 $376,000 $241,000 $135,000
2016 $4,280 $356,000 $228,000 $128,000
2015 $3,917 $337,000 $217,000 $120,000
2014 -- $294,000 $197,000 $97,000
2013 -- $242,000 $162,000 $80,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2202109

Northwest Multiple Listing Service (NWMLS)

APN: 357860-0082