Listed by RE/MAX Northwest, Bought with COMPASS
NOT LISTED FOR SALE

Estimated Value: $3,723,000 - $5,247,495

0.07 Acre
$61,804,588 Price per Acre
3,173 Sq Ft Lot

Last Sold July 20, 2018

Last sale price $1,035,000 $4,705 Per Sq Ft

Est. 327% increase in value since last sale

Current estimated payment $27,084/month

97 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Lake View
  • Level Lot
  • Elizabeth Blackwell Elementary School Rated A

About This Lot

As of July 2018

Opportunity knocks! Seize the chance to build on the sunny side of Lake Samm! 100 ft lakefront w/ building plans/permits approved for 4 bedroom, 2800 sq ft. abode. Pre fab home can be built in 5-7 months. Enjoy 2018 on the lake!! Gorgeous sunsets + wide open lake views from this prime location. New dock + existing cabana & boat lift. "Moving to Lake Sammamish, the BEST move you'll ever make!"

Last Agent to Sell the Property

Sundi Mathewson

RE/MAX Northwest License #16303 Listed on: 02/19/2018

RE/MAX Northwest

Last Buyer's Agent

Margo Allan

COMPASS License #100621

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1247286

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,023

Lot Details

  • 3,173 Sq Ft Lot
  • 100 Feet of Waterfront
  • Lake Front
  • Level Lot

Property Views

  • Lake Views

Schools

  • Alcott Elementary School
  • Inglewood Middle School
  • Eastlake High School

Community Details

  • Sammamish Springs Condos
  • Lake Sammamish Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7525900095

Property Details

Property Type

Land

Est. Annual Taxes

$2,023

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 40 - Res-Less thn 1 Ac
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Sammamish Springs
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • PropertyFeatures: Corners Flagged
  • Restrictions: See Remarks
  • Improvements: Cabana/Gazebo,Dock
  • AssessmentFees: See Remarks
  • Special Features: None
  • Cumulative Days on Market: 1,375

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • View: Lake
  • Lot Features: Paved
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Structure Type: Unspecified
  • RoadInformation: Paved
  • RoadOnWhichSide: East & West
  • WaterJurisdiction: NE Samm Sewer & Water
  • WaterfrontFootage: 100 ft

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: On Property
  • Water Source: Available, On Property
  • Electricity On Property: Yes
  • Utilities: Natural Gas Available, Electricity Connected
  • ElectricityStatus: On Property
  • GasStatus: In Street

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Lake Washington
  • High School: Eastlake High
  • Middle Or Junior School: Inglewood Middle

Lot Info

  • Parcel Number: 7525900095
  • Topography: Level
  • Lot Size Acres: 0.0728
  • Lot Size Sq Ft: 3173
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public record
  • ZoningJurisdiction: City
  • ZoningClass: Residential
  • SoilFeasibilityTest: true

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2017
  • Tax Annual Amount: 2023

MLS Schools

  • Elementary School: Alcott Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2018
Closed on
Jun 18, 2018
Sold by
Campanella John A and Campanella Charlotte
Bought by
Modi Rushabh and Modi Sneha
Seller's Agent
Sundi Mathewson
RE/MAX Northwest
Buyer's Agent
Margo Allan
COMPASS
List Price
$1,100,000
Sold Price
$1,035,000
Premium/Discount to List
-$65,000
-5.91%
Current Estimated Value
$4,420,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,385,857
Avg. Annual Appreciation
21.29%
Original Mortgage
$1,774,250
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 17, 2012
Sold by
Paxman Darrell R and Paxman Vicki L
Bought by
Campanella John A and Campanella Charlotte

Purchase Details

Closed on
Nov 18, 2005
Sold by
Paxman Inc
Bought by
Paxman Darrell
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
Modi Rushabh $1,035,000 Fidelity National Title Insu
Campanella John A $450,000 Fidelity Natio
Paxman Darrell -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Modi Rushabh $1,300,000
Closed Modi Rushabh $1,774,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2018 07/20/18 Sold $1,035,000 -5.9% $4,705 / Sq Ft
05/28/2018 05/28/18 Pending -- -- --
03/17/2018 03/17/18 For Sale $1,100,000 0.0% $5,000 / Sq Ft
02/27/2018 02/27/18 Pending -- -- --
02/19/2018 02/19/18 For Sale $1,100,000 -- $5,000 / 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 $35,946 $4,366,000 $2,294,000 $2,072,000
2023 $34,014 $3,595,000 $1,923,000 $1,672,000
2022 $28,022 $4,472,000 $2,262,000 $2,210,000
2021 $23,203 $3,066,000 $1,560,000 $1,506,000
2020 $13,632 $2,321,000 $1,368,000 $953,000
2018 $2,024 $1,355,000 $1,335,000 $20,000
2017 $3,174 $167,000 $150,000 $17,000
2016 $3,117 $291,000 $200,000 $91,000
2015 $3,080 $284,000 $200,000 $84,000
2014 -- $272,000 $200,000 $72,000
2013 -- $231,000 $200,000 $31,000
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1247286

Northwest Multiple Listing Service (NWMLS)

APN: 752590-0095