NOT LISTED FOR SALE

20863 Lake Sixteen Rd Mount Vernon, WA 98274

Estimated Value: $957,000 - $1,144,000

4 Beds
1 Bath
2,271 Sq Ft
$462/Sq Ft Est. Value

Last Sold February 11, 2021

Last sale price $850,000 $374 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $6,132/month

9 Days on Market

Highlights

  • Docks
  • RV Access or Parking
  • 2 Fireplaces
  • Community Boat Launch
  • Lake View
  • Cul-De-Sac

About This Home

As of February 2021

TWO HOMES ON THE LAKE!!! Once in a lifetime opportunity to live on the pristine & peaceful Lake Sixteen. Best deal on lake front in the state! Undeveloped far side of lake! Main home features 2 rooms on the main floor with level, no step access to the house and the main floor with all needed amenities. The daylight basement of the main home is set up as a master retreat with freshly remodeled bathroom. The second home, a permitted ADU features a full kitchen & bath on the main floor with a huge loft style bedroom above, including 1/2 bath, set up to take advantage of the amazing views. Massive double lot w/ tiered walkways & private dock to enjoy all the lake has to offer. 7 minutes to i5, easy commute. Cable Internet for work at home.

Last Agent to Sell the Property

William Minnick

Latham Realty Unlimited Inc License #118953 Listed on: 12/26/2020

Last Buyer's Agent

Ev Winningham

Realogics Sotheby's Int'l Rlty License #17906

Realogics Sotheby's Int'l Rlty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1711961

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,291

Year Built

  • Built in 1967

Lot Details

  • Cul-De-Sac
  • Street terminates at a dead end
  • Gated Home
  • Level Lot
  • Sprinkler System
  • Garden
  • Property is zoned RI

Property Views

  • Lake
  • Mountain

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 2 Fireplaces
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Docks

Utilities

  • Propane
  • Septic System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number P66187

Community Details

Overview

  • Conway Community

Recreation

  • Community Boat Launch

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,291

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Kitchen, 2nd Master Br, Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, Hot Tub/Spa, Skylights, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Ceramic Tile, Laminate Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 2
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 2
  • Lower Level Bedroom: 1
  • Bathrooms: 3.25
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Three Quarter Bathrooms Lower: 1
  • Master Bedroom: Lower
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Basement: Daylight
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2271
  • Square Footage Finished: 2271
  • Square Footage Unfinished: 552

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Lake, Mountain
  • Waterfront: Lake, No Bank
  • Waterfront Frontage: 192

Garage/Parking

  • Parking Type: Garage-Attached, Off Street
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Central A/C, Forced Air, Heat Pump
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 2
  • Sewer: Septic
  • Sewer Company: septic
  • Water Company: Skagit PUD
  • Water Heater: utility closet-electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Conway
  • Project: Idlewood Estates
  • Community Features: Boat Launch

Schools

  • School District: CWY

Lot Info

  • Lot Number: 14 and 15
  • Lot Details: Cul-De-Sac, Dead End Street, Paved Street
  • Lot Sq Ft: 18295
  • Lot Topography Vegetation: Garden Space, Level, Sloped, Terraces
  • Parcel Number: P66187
  • Zoning Code: RI
  • Zoning Jurisdiction: County
  • Lot Topography: Garden Space, Level, Sloped, Terraces

Tax Info

  • Tax Amount: 4934

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2020
Closed on
Feb 9, 2021
Sold by
Minnick William Beau and Minnick Nicole Uilani
Bought by
Hayne Stephen W and Hayne Sarah J
Seller's Agent
William Minnick
Latham Realty Unlimited Inc
Buyer's Agent
Ev Winningham
Realogics Sotheby's Int'l Rlty
List Price
$850,000
Sold Price
$850,000
Current Estimated Value
$1,049,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,165
Avg. Annual Appreciation
4.47%
Original Mortgage
$548,250
Outstanding Balance
$487,227
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$561,938

Purchase Details

Listed on
Sep 1, 2015
Closed on
Feb 22, 2016
Sold by
Strand Richard N and Strand Sigrid E
Bought by
Minnick William Beau and Minnick Nicole Uilani
Seller's Agent
John Whitney
NextHome Preview Properties
Buyer's Agent
William Minnick
Latham Realty Unlimited Inc
List Price
$425,000
Sold Price
$398,000
Premium/Discount to List
-$27,000
-6.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.60%
Original Mortgage
$386,060
Interest Rate
3.81%

Purchase Details

Closed on
Jun 10, 2015
Sold by
Strand Richard N and Strand Sigrid E
Bought by
Richard & Sigrid Strand Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hayne Stephen W $850,000 Chicago Title
Minnick William Beau $398,000 Chicago Title Company Of Wa
Richard & Sigrid Strand Revocable Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayne Stephen W $548,250
Previous Owner Minnick William Beau $386,060
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/11/2021 02/11/21 Sold $850,000 0.0% $374 / Sq Ft
01/04/2021 01/04/21 Pending -- -- --
12/26/2020 12/26/20 For Sale $850,000 +113.6% $374 / Sq Ft
03/07/2016 03/07/16 Sold $398,000 -6.4% $171 / Sq Ft View Prior Sale
01/18/2016 01/18/16 Pending -- -- --
09/01/2015 09/01/15 For Sale $425,000 -- $183 / 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 $7,291 $875,800 $290,100 $585,700
2024 $7,571 $842,600 $290,100 $552,500
2023 $7,571 $842,600 $290,100 $552,500
2022 $5,045 $693,500 $289,200 $404,300
2021 $4,926 $508,500 $236,100 $272,400
2020 $4,934 $458,600 $0 $0
2019 $4,203 $458,600 $0 $0
2018 $5,466 $396,300 $0 $0
2017 $5,113 $436,500 $0 $0
2016 $4,931 $411,200 $198,700 $212,500
2015 $4,407 $383,800 $185,500 $198,300
2013 -- $310,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1711961

Northwest Multiple Listing Service (NWMLS)

APN: P66187