Listed by Real Broker LLC, Bought with Better Properties Kent LLC
NOT LISTED FOR SALE

Estimated Value: $2,496,000 - $4,663,000

4.8 Acres
$805,448 Price per Acre
209,088 Sq Ft Lot

Last Sold September 10, 2020

Last sale price $699,950

Est. 452% increase in value since last sale

Current estimated payment $22,589/month

102 Days on Market

About This Lot

As of September 2020

Beautiful sunny shy 5 acre lot located just west of the very popular Redmond Watershed. There is an approved septic design for a 5 bedroom home and a certified well with 15 GPM. Build your custom home/estate or horse farm with room for your animals to roam. Bring your vision for creating your signature equestrian estate, your field of dreams or a house with a soccer pitch, just minutes to Microsoft and located in the Lake Washington School District.

Last Agent to Sell the Property

Maynard Wagner

Real Broker LLC License #22000775 Listed on: 04/24/2020

Real Broker LLC

Co-Listed By

Mike Peters

RE/MAX Northwest License #35802

Last Buyer's Agent

Lisa Jo Trout

Better Properties Kent LLC License #90323

Better Properties Kent LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1593264

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $24,133

Lot Details

  • Street terminates at a dead end
  • Corner Lot
  • Level Lot

Utilities

  • Well
  • Drilled Well
  • Sewer Not Available

Community Details

  • Avondale Community

Listing and Financial Details

  • Assessor Parcel Number 3226069072

Property Details

Property Type

Land

Est. Annual Taxes

$24,133

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Corners Flagged, Evergreens, Lightly Treed, Pasture Land, Riding Trails
  • Style: 41 - Res-Over 1 Acre
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: Paved
  • Road On Which Sideof Property: South & West

Utilities

  • Electricity: In Street
  • Gas Available: Not Available
  • Septic Designedand Appliedfor: Y
  • Sewer: Not Available
  • Water: Available, Drilled Well, On Property, Private Well

Condo/Co-op/Association

  • Community Name: Avondale

Schools

  • Elementary School: Einstein Elem
  • Middle School: Evergreen Middle
  • High School: Redmond High
  • School District: LKW

Lot Info

  • Easements: On South side
  • General Zoning Classification: Residential
  • Lot Details: Corner Lot, Dead End Street, Paved Street
  • Lot Sq Ft: 209088
  • Parcel Number: 3226069072
  • Slopeof Property: Gentle slope to the West
  • Soils Feasibility Available: Y
  • Topography: Level
  • Zoning Jurisdiction: County
  • Zoning Remarks: RA5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2020
Closed on
Sep 8, 2020
Sold by
Kang Hyeou and Kang Marla
Bought by
Nexus Development Holdings Llc
Seller's Agent
Maynard Wagner
Real Broker LLC
Buyer's Agent
Lisa Jo Trout
Better Properties Kent LLC
List Price
$725,000
Sold Price
$699,950
Premium/Discount to List
-$25,050
-3.46%
Current Estimated Value
$3,866,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,166,202
Avg. Annual Appreciation
40.39%
Original Mortgage
$524,950
Interest Rate
2.9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 13, 2018
Sold by
Carl Douglas C and Carl Julia F
Bought by
Kang Hyeon and Kang Maria

Purchase Details

Closed on
Mar 21, 1989
Sold by
Lawrence Brian P and Lawrence Jean
Bought by
Carl Douglas and Carl Julie
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
Nexus Development Holdings Llc $699,950 Rainier Title
Kang Hyeon $850,000 Ticor Title
Carl Douglas $66,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Nexus Development Holdings Llc $524,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2020 09/10/20 Sold $699,950 0.0% --
08/04/2020 08/04/20 Pending -- -- --
07/23/2020 07/23/20 Price Changed $699,950 -3.5% --
04/24/2020 04/24/20 For Sale $725,000 -- --
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 $24,133 $2,628,000 $770,000 $1,858,000
2023 $6,684 $656,000 $656,000 $0
2022 $6,026 $812,000 $812,000 $0
2021 $6,581 $576,000 $576,000 $0
2020 $6,710 $576,000 $576,000 $0
2018 $6,252 $539,000 $539,000 $0
2017 $5,524 $513,000 $513,000 $0
2016 $5,396 $464,000 $464,000 $0
2015 $5,441 $445,000 $445,000 $0
2014 -- $437,000 $437,000 $0
2013 -- $377,000 $377,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1593264

Northwest Multiple Listing Service (NWMLS)

APN: 322606-9072