NOT LISTED FOR SALE

Estimated Value: $1,500,446

1.7 Acres
$882,615 Price per Acre
74,052 Sq Ft Lot

Last Sold November 16, 2020

Last sale price $1,000,000 $464 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $9,113/month

1 Day on Market

Highlights

  • Territorial View
  • Fernwood Elementary School Rated A
  • Level Lot

About This Lot

As of November 2020

1.7 developable acres in the heart of Bothell! 6 lot prelim short plat already in review at county just waiting on final decision!Recent rezone from 9600 to 7200. Electric on property, sewer/water in street. Potential county rd improvements to 35th in early fall.Will curb cut current egress to line up w/184th & install a stop light. In Jan 2020 Alderwd water/sewer agreed to stub out water-dependent on final design. Current home on property is rented. Income-producing property while developing

Last Agent to Sell the Property

Alana Appleton

RE/MAX Town Center License #131844 Listed on: 10/22/2020

RE/MAX Town Center

Last Buyer's Agent

Bruce Hoffman

John L. Scott Everett License #110831

John L. Scott Everett

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1679565

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,912

Lot Details

Additional Features

  • Territorial Views
  • Level Lot
  • Sewer in Street

Community Details

  • Bothell Community

Listing and Financial Details

  • Assessor Parcel Number 27051700102200

Property Details

Property Type

Land

Est. Annual Taxes

$9,912

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Lightly Treed, Partially Cleared
  • Style: 41 - Res-Over 1 Acre
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Approved Number of Bedrooms: 4
  • Level: Mostly Level

Exterior Features

  • Road Information: Paved
  • Road On Which Sideof Property: E
  • View: Territorial
  • Water Jurisdiction: Alderwood Water & Sewer

Utilities

  • Electricity: On Property
  • Gas Available: In Street
  • Septic Approved for Number of Bedrooms: 4
  • Septic System Installed: Y
  • Septic System Type: Garvity
  • Sewer: In Street
  • Water: Available, In Street, Private Well

Condo/Co-op/Association

  • Community Name: Bothell

Schools

  • School District: NTH

Lot Info

  • Easements: Gas - Small Area near entrance
  • General Zoning Classification: Residential
  • Improvements: Dwelling
  • Lot Details: Paved Street
  • Lot Sq Ft: 74052
  • Parcel Number: 27051700102200
  • Slopeof Property: slight West slope toward Tambark Creek
  • Topography: Level
  • Zoning Jurisdiction: City
  • Zoning Remarks: R7200

Tax Info

  • Tax Amount: 10349

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2023
Sold by
Seattle Pacific Homes Inc
Bought by
Ravi Medathati and Spandana Gurram Spandana
Current Estimated Value
$1,500,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,044,474
Outstanding Balance
$1,030,455
Interest Rate
7.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 22, 2020
Closed on
Nov 10, 2020
Sold by
Liu Hailu
Bought by
Seattle Pacific Homes Inc
Seller's Agent
Alana Appleton
RE/MAX Town Center
Buyer's Agent
Bruce Hoffman
John L. Scott Everett
List Price
$1,000,000
Sold Price
$1,000,000

Purchase Details

Closed on
Mar 7, 2019
Sold by
Ghavami Peter K and Ghavami Massi M
Bought by
Liu Hailu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,250
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2006
Sold by
Adams Robert M
Bought by
Ghavami Peter K and Ghavami Massi M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,200
Interest Rate
6.51%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 19, 2003
Sold by
Adams Robert M and Adams Barbara C
Bought by
The Mcnaughton Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage
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
Ravi Medathati $1,349,000 Chicago Title
Seattle Pacific Homes Inc -- Chicago Title
Liu Hailu $699,000 Cw Title
Ghavami Peter K $692,000 Chicago Title
The Mcnaughton Group Llc $320,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Medathati Ravi $1,044,474
Closed Ravi Medathati $1,044,474
Previous Owner Seattle Pacific Homes Inc $928,076
Previous Owner Seattle Pacific Homes Inc $3,900,000
Previous Owner Seattle Pacific Homes Inc $2,182,500
Previous Owner Liu Hailu $487,340
Previous Owner Liu Hailu $484,250
Previous Owner Ghavami Peter K $68,743
Previous Owner Ghavami Peter K $69,200
Previous Owner Ghavami Peter K $553,600
Previous Owner Ghavami Peter K $69,200
Previous Owner The Mcnaughton Group Llc $4,162,500
Previous Owner The Mcnaughton Group Llc $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2020 11/16/20 Sold $1,000,000 0.0% $464 / Sq Ft
10/23/2020 10/23/20 Pending -- -- --
10/22/2020 10/22/20 For Sale $1,000,000 -- $464 / 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
2023 $9,912 $1,249,100 $1,249,100 --
2022 $11,058 $1,109,500 $1,109,500 $0
2020 $9,986 $934,600 $817,000 $117,600
2019 $10,349 $1,146,800 $817,000 $329,800
2018 $10,466 $927,200 $637,000 $290,200
2017 $9,564 $863,400 $592,000 $271,400
2016 $7,650 $672,400 $412,000 $260,400
2015 $6,263 $521,200 $283,300 $237,900
2013 $4,510 $332,100 $147,300 $184,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1679565

Northwest Multiple Listing Service (NWMLS)

APN: 270517-001-022-00