Listed by The Tessera Group, LLC
NOT LISTED FOR SALE

16115 E Shore Dr Lynnwood, WA 98087

Estimated Value: $583,000 - $648,612

2 Beds
1 Bath
1,136 Sq Ft
$543/Sq Ft Est. Value

Last Sold December 27, 2021

Last sale price $500,000 $440 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,603/month

Highlights

  • Lake View
  • 1-Story Property
  • Level Lot
  • Contemporary Architecture
  • West Facing Home
  • 3-minute walk to Martha Lake Park

About This Home

As of December 2021

Build your dream home or completely remodel this Martha Lake cottage. Fantastic neighborhood and lot location directly across from lakeshore. Boat launch and Martha Lake Park are walkable a few blocks away. Come create your dream home on this rarely available lot! Sold As Is.

Last Agent to Sell the Property

John Hatton

The Tessera Group, LLC License #11495 Listed on: 11/05/2021

Co-Listed By

Scott Greve

The Tessera Group, LLC License #107417

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1860161

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,800

Year Built

  • Built in 1950

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 65x130
  • West Facing Home
  • Level Lot
  • Value in Land
  • Zoning described as R8400

Property Views

  • Lake
  • Limited

Home Design

  • Contemporary Architecture
  • Fixer Upper
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,136 Sq Ft Home
  • 1-Story Property
  • Wall to Wall Carpet

Kitchen

  • Oven or Range
  • Stove

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Water Heater

Community Details

  • Martha Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00509200200800

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,800

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1950
  • Inclusions: Dryer,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1136
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Basement: None
  • Appliances: Dryer, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet
  • Interior Amenities: Wall to Wall Carpet, Water Heater
  • Living Area: 1136
  • Main Level Bedrooms: 2
  • BathsFullMain: 1
  • SquareFootageFinished: 1136
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dryer,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Composition
  • View: Lake, Partial
  • Lot Features: Value In Land
  • View: Yes
  • Waterfront: No
  • Direction Faces: West
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Fixer
  • Structure Type: House
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway
  • Total Parking Spaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electricity Available
  • HeatingCoolingType: Baseboard
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Edmonds

Lot Info

  • Parcel Number: 00509200200800
  • Topography: Level
  • Lot Size Acres: 0.18
  • Lot Size: 65x130
  • Lot Size Sq Ft: 7841
  • Zoning Description: R8400
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Snohomish County
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2020
  • Tax Annual Amount: 4800

Multi Family

  • EnergySource: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2021
Closed on
Dec 20, 2021
Sold by
Mchale Gavin James and Mchale Chelsea Rebecca
Bought by
Keown Hank and Opsahl Lister Katherine
Seller's Agent
John Hatton
The Tessera Group, LLC
List Price
$495,950
Sold Price
$500,000
Premium/Discount to List
$4,050
0.82%
Current Estimated Value
$616,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,403
Avg. Annual Appreciation
5.60%
Original Mortgage
$452,925
Outstanding Balance
$415,842
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$200,561

Purchase Details

Closed on
Jul 17, 2018
Sold by
Mchale James E
Bought by
Mchale Gavin James and Mchale Chelsea Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 1998
Sold by
Barrus Steven C and Ahlstedt Vana L
Bought by
Mchale James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,950
Interest Rate
7.02%

Purchase Details

Closed on
Nov 15, 1993
Sold by
Barrus Steven Carl
Bought by
Barrus Steven Carl and Ahlstedt Vana L
Source: Public Records

Range of Values:

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Average Value
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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
Keown Hank $500,000 Rainier Title
Mchale Gavin James $280,000 Chicago Title
Mchale James E $121,000 --
Barrus Steven Carl -- Charter Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keown Hank $452,925
Previous Owner Mchale Gavin James $224,000
Previous Owner Mchale James E $114,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2021 12/27/21 Sold $500,000 +0.8% $440 / Sq Ft
11/07/2021 11/07/21 Pending -- -- --
11/05/2021 11/05/21 For Sale $495,950 -- $437 / 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
2025 $4,317 $533,500 $522,200 $11,300
2024 $4,317 $514,700 $503,400 $11,300
2023 $4,767 $596,600 $583,400 $13,200
2022 $3,782 $382,200 $347,200 $35,000
2020 $3,561 $318,100 $281,100 $37,000
2019 $3,016 $266,600 $230,400 $36,200
2018 $3,016 $235,000 $202,700 $32,300
2017 $2,497 $200,200 $172,300 $27,900
2016 $2,288 $183,500 $156,700 $26,800
2015 $2,296 $175,100 $147,400 $27,700
2013 $2,201 $159,400 $128,000 $31,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1860161

Northwest Multiple Listing Service (NWMLS)

APN: 005092-002-008-00