Listed by Windermere Real Estate Co., Bought with Windermere Real Estate Co.
NOT LISTED FOR SALE

Estimated Value: $1,078,000 - $1,287,000

2 Beds
1 Bath
700 Sq Ft
$1,707/Sq Ft Est. Value

Last Sold December 31, 2012

Last sale price $425,000 $607 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $7,209/month

8 Days on Market

About This Home

As of December 2012

Located in the heart of Madison Park, this lovely 1940's shingled cottage awaits your finishing touches and inspiration. Light filled and charming; this 2 bedroom one bath home w/ hardwood floors, living room with bay window and original fireplace, will delight. Features: new Marvin windows, new exterior shingling, new roof and large garage with alley access plus opportunity at every turn. Stroll through the community or walk along Lake Washington all from your doorstep. Bring your imagination!

Last Agent to Sell the Property

Peggy Frasse

Windermere Real Estate Co. Listed on: 11/27/2012

Last Buyer's Agent

Heather Lavin

Windermere Real Estate Co. License #75421

Windermere Real Estate Co.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM426469

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$8,999

Year Built

1940

Lot Details

0

Interior Features

  • Features: Double Pane/Storm Window, Dining Room
  • Fireplaces: 1
  • Floor: Hardwood, Vinyl
  • Water Heater Location: Laundry Room-Gas

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Lot Details: Alley, Curbs, Paved Street, Sidewalk
  • Roof: Composition
  • Site Features: Cable TV, Full Fence

Garage/Parking

  • Parking Type: Carport-Detached
  • Total Covered Spaces: 1

Utilities

  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Heating and Cooling: Forced Air
  • Power Company: Seattle City Light
  • Sewer: Connected
  • Sewer Company: Seattle Public Utilities
  • Water Company: Seattle Public Utilities
  • Water Source: Public

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2012
Closed on
Dec 26, 2012
Sold by
Bdc Preston Properties One Limited Partn
Bought by
Mackie Mary Ann
Seller's Agent
Peggy Frasse
Windermere Real Estate Co.
Buyer's Agent
Heather Lavin
Windermere Real Estate Co.
List Price
$425,000
Sold Price
$425,000
Current Estimated Value
$1,194,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$769,724
Avg. Annual Appreciation
8.39%
Original Mortgage
$330,000
Outstanding Balance
$232,428
Interest Rate
3.27%
Mortgage Type
New Conventional
Estimated Equity
$948,703

Purchase Details

Listed on
Nov 27, 2012
Closed on
Dec 21, 2012
Sold by
Financial Dream Makers Llc
Bought by
Bdc Preston Properties One Limited Partn
Seller's Agent
Peggy Frasse
Windermere Real Estate Co.
Buyer's Agent
Heather Lavin
Windermere Real Estate Co.
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Outstanding Balance
$232,428
Interest Rate
3.27%
Mortgage Type
New Conventional
Estimated Equity
$948,703

Purchase Details

Closed on
Jun 26, 2008
Sold by
Grabham Michael and Dunn Patricia Lynn
Bought by
Financial Dream Makers L L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,408
Interest Rate
6.05%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 10, 2008
Sold by
Eastside Funding Llc
Bought by
Grabham Michael and Jacobson Dwight

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,408
Interest Rate
6.05%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 9, 2008
Sold by
Langer Michael R
Bought by
Grabham Michael and Jacobson Dwight

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,408
Interest Rate
6.05%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 26, 2006
Sold by
Tuggle Melva Jean
Bought by
Langer Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.12%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 1, 1998
Sold by
Michelson Elbert M and Michelson Justyn Ruth
Bought by
Tuggle Melva Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
10%
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
Mackie Mary Ann $425,000 Ticor National
Bdc Preston Properties One Limited Partn -- None Available
Financial Dream Makers L L C $525,000 Chicago Title
Grabham Michael -- None Available
Grabham Michael $447,473 None Available
Langer Michael $636,700 Rainier Title
Tuggle Melva Jean $200,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mackie Mary Ann $330,000
Previous Owner Financial Dream Makers Llc $312,435
Previous Owner Financial Dream Makers Llc $250,000
Previous Owner Grabham Michael $364,408
Previous Owner Langer Michael $150,000
Previous Owner Langer Michael $127,340
Previous Owner Langer Michael $413,855
Previous Owner Tuggle Melva Jean $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2012 12/31/12 Sold $425,000 0.0% $607 / Sq Ft
12/05/2012 12/05/12 Pending -- -- --
11/27/2012 11/27/12 For Sale $425,000 -- $607 / 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 $8,999 $928,000 $798,000 $130,000
2023 $8,072 $846,000 $744,000 $102,000
2022 $7,136 $948,000 $744,000 $204,000
2021 $6,306 $768,000 $603,000 $165,000
2020 $6,601 $641,000 $632,000 $9,000
2018 $6,076 $656,000 $646,000 $10,000
2017 $5,284 $607,000 $573,000 $34,000
2016 $5,114 $545,000 $501,000 $44,000
2015 $4,070 $516,000 $475,000 $41,000
2014 -- $416,000 $319,000 $97,000
2013 -- $379,000 $319,000 $60,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM426469

Northwest Multiple Listing Service (NWMLS)

APN: 438570-1500