NOT LISTED FOR SALE

224 5th Ave Unit 224 Kirkland, WA 98033

Norkirk Neighborhood

Estimated Value: $989,227 - $1,415,000

2 Beds
1 Bath
1,379 Sq Ft
7,841 Sq Ft Lot

Last Sold August 03, 2017

Last sale price $780,000 $566 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $6,731/month

10 Days on Market

Highlights

  • Lake View
  • Contemporary Architecture
  • Ceramic Tile Flooring
  • Peter Kirk Elementary School Rated A
  • 1 Fireplace
  • 5-minute walk to Tot Lot Park

About This Home

As of August 2017

Penthouse living with sunny southern exposure & partial lake views in downtown Kirkland! This luxe 2-bd/2bth open design home features: skylights, 9" ceilings, A/C, a HUGE kitchen w/slab granite island & bar seating, Thermador gas range, SS appliances & tons of Alder cabinetry. Big master suite w/spacious en-suite bath & walk-in closet. The guest bdrm offers a walk-in closet & en-suite hall bath. Enjoy sunsets on the deck. Private 2-car garage + storage. LOW dues. No rental cap! Shared backyard.

Last Agent to Sell the Property

Karen Balkin

Windermere Real Estate/East License #27467 Listed on: 06/22/2017

Windermere Real Estate/East

Last Buyer's Agent

Shensheng Wang

Skyline Properties, Inc. License #48612

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1147764

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,052

Year Built

  • Built in 1999

Lot Details

  • 7,841

Parking

  • Garage

Property Views

  • Lake
  • City
  • Territorial

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1 Bathroom
  • 2-Story Property
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 2538930030

Community Details

Overview

  • 2 Units
  • Downtown Community

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,052

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Architecture: Contemporary
  • Entrance Level: Main
  • Unit Floor Number: 2
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, Vinyl, Wall To Wall Carpet
  • Appliance Hookups: Cooking-Gas, Dryer-Gas, Washer
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Fireplace Type: Gas
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Storage: extra room within the garage
  • Estimated Sq Ft: 1379
  • Window Coverings: Hunter Douglas Silhouette

Exterior Features

  • Exterior: Wood Products
  • Roof: Composition
  • View: City, Lake, Territorial

Garage/Parking

  • Numberof Assigned Spaces: 2
  • Parking Type: Individual Garage

Utilities

  • Heating And Cooling: Central A/C
  • Water Heater: garage-gas

Condo/Co-op/Association

  • Numberof Units in Building: 2
  • Numberof Units In Complex: 4
  • HOA Fees: 200
  • Community Name: Downtown
  • Project: FIFTH AVE EASTSIDE CONDOMINIUM
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Pat Lee (425) 214-3199
  • Association Contact: Pat Lee (425) 214-3199
  • Common Property Features: Cable Tv, High Speed Int Avail
  • Home Owner Dues Included: Earthquake Ins., Common Area Maintenance
  • Unit Features: Balcony/Deck/Patio, Insulated Windows, Master Bath, Penthouse, Skylights, Top Floor, Vaulted Ceilings, Walk-In Closet, Yard

Schools

  • Elementary School: Kirk Elem
  • Middle School: Kirkland Middle
  • High School: Lake Wash High
  • School District: LKW

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 7650
  • Parcel Number: 2538930030

Tax Info

  • Tax Amount: 5538

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2017
Closed on
Jul 31, 2017
Sold by
Engelsvold Gear
Bought by
Chen Haoming and Zhuang Rui
Seller's Agent
Karen Balkin
Windermere Real Estate/East
Buyer's Agent
Shensheng Wang
Skyline Properties, Inc.
List Price
$750,000
Sold Price
$780,000
Premium/Discount to List
$30,000
4%
Current Estimated Value
$1,154,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$374,057
Avg. Annual Appreciation
4.92%
Original Mortgage
$380,000
Outstanding Balance
$307,118
Interest Rate
2.85%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$846,939

Purchase Details

Closed on
Aug 14, 2007
Sold by
Fuhrer Darin L
Bought by
Engelsvold Geir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.62%

Purchase Details

Closed on
Oct 5, 2006
Sold by
Cartus Financial Corp
Bought by
Fuhrer Darin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
6.39%

Purchase Details

Closed on
May 19, 2005
Sold by
Poysky Joann
Bought by
Weeks Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.74%

Purchase Details

Closed on
Aug 11, 2000
Sold by
Kirkwood Company
Bought by
Poysky Joann

Purchase Details

Closed on
Jul 23, 1997
Sold by
Kirkwood Co Inc
Bought by
Worthington J Ross and Worthington Lisa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,437
Interest Rate
7.7%
Source: Public Records

Range of Values:

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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
Chen Haoming $780,000 Cw Title
Engelsvold Geir $648,500 First American
Fuhrer Darin L $590,000 First American
Cartus Financial Corp $590,000 First American
Weeks Nancy L $480,050 Ticor National
Poysky Joann $354,950 First American Title Ins Co
Worthington J Ross -- Pacific Northwest Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Haoming $380,000
Previous Owner Engelsvold Geir $417,000
Previous Owner Fuhrer Darin L $390,000
Previous Owner Weeks Nancy L $359,650
Previous Owner Worthington J Ross $211,437
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2017 08/03/17 Sold $780,000 -2.5% $566 / Sq Ft
07/03/2017 07/03/17 Pending -- -- --
06/27/2017 06/27/17 Price Changed $800,000 +6.7% $580 / Sq Ft
06/22/2017 06/22/17 For Sale $750,000 -- $544 / 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 $7,052 $862,000 $315,500 $546,500
2023 $7,303 $902,000 $306,000 $596,000
2022 $7,479 $962,000 $210,300 $751,700
2021 $7,012 $838,000 $191,200 $646,800
2020 $7,022 $722,000 $191,200 $530,800
2018 $6,706 $746,000 $181,600 $564,400
2017 $5,358 $660,000 $172,100 $487,900
2016 $5,065 $548,000 $143,400 $404,600
2015 $5,096 $511,000 $133,800 $377,200
2014 -- $496,000 $133,800 $362,200
2013 -- $378,000 $133,800 $244,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1147764

Northwest Multiple Listing Service (NWMLS)

APN: 253893-0030