Listed by Steel Realty Group, LLC, Bought with Windermere Real Estate Co.
NOT LISTED FOR SALE

Estimated Value: $2,447,000 - $3,147,000

2 Beds
2 Baths
2,980 Sq Ft
$951/Sq Ft Est. Value

Last Sold March 03, 2017

Last sale price $1,440,000 $483 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $17,509/month

331 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Docks
  • Deck
  • Arrowhead Elementary School Rated A
  • Lake View
  • Wood Flooring

About This Home

As of March 2017

Beautiful South facing 51' + Lake Washington waterfront. Level 6,358 Sq Ft lot with awesome views looking South down the Lake and East to the Cascades. Older home on prime waterfront lot. Per the City, may be rebuilt within the same footprint. Tremendous location that adjoins the Burke Gilman trail & just a few blocks to Lake Forest Park Mall and equidistant to downtown Seattle & Bellevue. Substantial 97' long dock with good moorage depths. Hard to find Lake Washington waterfront property.

Last Agent to Sell the Property

Matthew Steel

Steel Realty Group, LLC License #25092 Listed on: 03/08/2016

Last Buyer's Agent

Steve Smith

Windermere Real Estate Co. License #14474

Windermere Real Estate Co.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM904107

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,137

Year Built

  • Built in 1951

Lot Details

  • Low Bank Waterfront Property
  • Street terminates at a dead end
  • Level Lot
  • Value in Land
  • Property is zoned RS 7200

Parking

  • Attached Garage

Property Views

  • Lake
  • City
  • Mountain
  • Territorial

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2 Bathrooms
  • 2 Fireplaces
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Outdoor Features

  • Bulkhead
  • Docks
  • Deck
  • Patio
  • Outbuilding

Utilities

  • Cable TV Available

Community Details

  • Lake Forest Park Community

Listing and Financial Details

  • Assessor Parcel Number 1126049075

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,137

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Kitchen, Bath Off Master, Ceiling Fan(s), Dining Room
  • Floor Covering: Ceramic Tile, Hardwood, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Garbage Disposal, Microwave, Range/Oven
  • Approved Number of Bedrooms: 2
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 1
  • Lower Level Bedroom: 1
  • Bathrooms: 2.50
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 2
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Basement: Daylight, Fully Finished
  • Family Room: Lower
  • Kitchen w/ Eating Area: Lower
  • Estimated Sq Ft: 2980
  • Square Footage Finished: 2980

Exterior Features

  • Exterior: Brick, Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: City, Lake, Mountain, Territorial
  • Waterfront: Bank-Low, Bulkhead, Lake, No Bank
  • Waterfront Frontage: 51'+

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Baseboard
  • Power Company: Puget Sound Energy
  • Septic Approved for Number of Bedrooms: 2
  • Sewer: Sewer Connected
  • Sewer Company: Lake Forest Park
  • Water Company: Lake Forest Park Water District
  • Water Heater: Basement Closet-Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Lake Forest Park

Schools

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

Lot Info

  • Lot Details: Dead End Street, Paved Street, Value In Land
  • Lot Dimensions: Irregular - See Map
  • Lot Sq Ft: 6358
  • Lot Topography Vegetation: Level, Terraces
  • Parcel Number: 1126049075
  • Zoning Code: RS 7200
  • Zoning Jurisdiction: City
  • Lot Topography: Level, Terraces

Tax Info

  • Tax Amount: 18345

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2016
Closed on
Mar 3, 2017
Sold by
Town Business Holdings 8 Llc
Bought by
Lien Samuel C
Seller's Agent
Matthew Steel
Steel Realty Group, LLC
Buyer's Agent
Steve Smith
Windermere Real Estate Co.
List Price
$1,650,000
Sold Price
$1,440,000
Premium/Discount to List
-$210,000
-12.73%
Current Estimated Value
$2,834,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,394,342
Avg. Annual Appreciation
7.51%
Original Mortgage
$1,305,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 31, 2015
Closed on
Jun 2, 2015
Sold by
Sergeant Gary W
Bought by
Town Business Holdings 8 Llc
Seller's Agent
Bryan Loveless
Windermere R.E. Northeast, Inc
Buyer's Agent
Matt Smith
Skyline Properties, Inc.
List Price
$1,400,000
Sold Price
$1,350,000
Premium/Discount to List
-$50,000
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.76%
Original Mortgage
$50,000
Interest Rate
3.77%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 10, 2015
Sold by
Hallock Jane A
Bought by
Sergeant Gary W

Purchase Details

Closed on
Oct 14, 2014
Sold by
Sergeant Gary W
Bought by
Hallock Jane A

Purchase Details

Closed on
Mar 30, 1983
Sold by
Johnson Glenn M
Bought by
Paige Harland J and Hallock Jane A
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
Lien Samuel C $1,450,000 First American
Town Business Holdings 8 Llc $1,350,000 First American
Sergeant Gary W -- None Available
Hallock Jane A -- None Available
Paige Harland J $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lien Samuel C $1,236,000
Closed Lien Samuel C $1,305,000
Previous Owner Wadih Abdallah Town Business Holdings 8 $50,000
Previous Owner Abdallah Wadih $100,000
Previous Owner Town Business Holdings 8 Llc $1,134,000
Previous Owner Paige Harland J $800,000
Previous Owner Paige Harland J $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2017 03/03/17 Sold $1,440,000 -6.1% $483 / Sq Ft
02/03/2017 02/03/17 Pending -- -- --
07/06/2016 07/06/16 Price Changed $1,534,000 -7.0% $515 / Sq Ft
03/08/2016 03/08/16 For Sale $1,650,000 +22.2% $554 / Sq Ft
06/03/2015 06/03/15 Sold $1,350,000 -3.6% $453 / Sq Ft
04/29/2015 04/29/15 Pending -- -- --
03/31/2015 03/31/15 For Sale $1,400,000 -- $470 / 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 $25,137 $2,604,000 $1,745,000 $859,000
2023 $23,250 $2,256,000 $1,409,000 $847,000
2022 $20,719 $2,610,000 $1,566,000 $1,044,000
2021 $19,066 $1,919,000 $1,254,000 $665,000
2020 $19,335 $1,590,000 $1,091,000 $499,000
2018 $17,802 $1,666,000 $1,102,000 $564,000
2017 $15,746 $1,508,000 $998,000 $510,000
2016 $18,345 $1,381,000 $914,000 $467,000
2015 $18,466 $1,539,000 $1,115,000 $424,000
2014 -- $1,464,000 $1,019,000 $445,000
2013 -- $1,260,000 $877,000 $383,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM904107

Northwest Multiple Listing Service (NWMLS)

APN: 112604-9075