Listed by RE/MAX Town Center
NOT LISTED FOR SALE

Estimated Value: $807,000 - $844,000

0.02 Acre
$41,229,250 Price per Acre
871 Sq Ft Lot

Last Sold November 10, 2020

Last sale price $600,000 $583 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $5,187/month

80 Days on Market

About This Lot

As of November 2020

Attention Developers/Builders 10,800 sft. lot zoned CB in Shoreline near the new 185th St. light rail station and steps from North City restaurants and shopping. Current home is 3 br. 1 ba. but value is in the development potential of the land. CB zoning allows for Apartments/Retail up to 5 stories with 85% lot coverage.

Last Agent to Sell the Property

Karim Khoury

RE/MAX Town Center License #17450 Listed on: 07/23/2020

RE/MAX Town Center

Last Buyer's Agent

Raheel Qureshi

Skyline Properties, Inc. License #116979

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1635632

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,117

Lot Details

Additional Features

  • Corner Lot
  • Sewer in Street

Community Details

  • North City Community

Listing and Financial Details

  • Assessor Parcel Number 6163900662

Property Details

Property Type

Land

Est. Annual Taxes

$8,117

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Style: 43 - Comm/Industrial
  • Restrictions: No Restrictions
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

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

Utilities

  • Electricity: In Street
  • Gas Available: In Street
  • Sewer: In Street
  • Water: In Street

Condo/Co-op/Association

  • Community Name: North City
  • Project: North End Country Estates

Schools

  • Elementary School: Ridgecrest Elem
  • Middle School: Kellogg Mid
  • High School: Shorecrest High
  • School District: SRI

Lot Info

  • Lot Number: 6-7
  • General Zoning Classification: Business, Commercial
  • Lot Details: Corner Lot
  • Lot Dimensions: 79x134
  • Lot Sq Ft: 1080
  • Parcel Number: 6163900662
  • Zoning Jurisdiction: City
  • Zoning Remarks: CB

Tax Info

  • Tax Amount: 5117

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2020
Closed on
Nov 12, 2020
Sold by
Veach Pamela L and Rogers Mark A
Bought by
North City Apartments Llc
Seller's Agent
Karim Khoury
RE/MAX Town Center
Buyer's Agent
Raheel Qureshi
Skyline Properties, Inc.
List Price
$900,000
Sold Price
$600,000
Premium/Discount to List
-$300,000
-33.33%
Current Estimated Value
$816,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,788
Avg. Annual Appreciation
6.09%
Original Mortgage
$472,500
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 4, 2016
Sold by
Thumlert Barbara
Bought by
Veach Pamela L and Rogers Mark A

Purchase Details

Closed on
Mar 15, 2001
Sold by
Wallace Dale
Bought by
Thumlert Barbara
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
North City Apartments Llc $650,000 Chicago Title Company Of Wa
Thumlert Barbara -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open North City Apartments Llc $460,000
Closed North City Apartments Llc $472,500
Closed North City Apartments Llc $472,500
Previous Owner Thumlert Barbara E $100,000
Previous Owner Thumlert Barbara $60,000
Previous Owner Thumlert Barbara $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2020 11/10/20 Sold $600,000 -14.3% $583 / Sq Ft
10/11/2020 10/11/20 Pending -- -- --
09/02/2020 09/02/20 Price Changed $700,000 -22.2% $680 / Sq Ft
07/23/2020 07/23/20 For Sale $900,000 -- $874 / 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 $8,117 $742,000 $674,000 $68,000
2023 $6,702 $647,000 $594,000 $53,000
2022 $6,155 $638,000 $637,000 $1,000
2021 $5,908 $528,000 $527,000 $1,000
2020 $5,739 $460,000 $459,000 $1,000
2018 $4,786 $409,000 $408,000 $1,000
2017 $3,367 $379,000 $378,000 $1,000
2016 $3,220 $273,000 $231,000 $42,000
2015 $3,164 $251,000 $211,000 $40,000
2014 -- $233,000 $180,000 $53,000
2013 -- $203,000 $155,000 $48,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1635632

Northwest Multiple Listing Service (NWMLS)

APN: 616390-0662