Listed by COMPASS, Bought with Kelly Right RE of Seattle LLC
NOT LISTED FOR SALE

Estimated Value: $823,000 - $1,569,000

1.1 Acres
$1,101,019 Price per Acre
47,999 Sq Ft Lot

Last Sold December 15, 2023

Last sale price $1,800,000 $1,076 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $6,820/month

33 Days on Market

Highlights

  • 1.1 Acre Lot
  • Territorial View
  • Cul-De-Sac
  • Lockwood Elementary School Rated A
  • No HOA
  • Level Lot

About This Lot

As of December 2023

9 homes in the 1700-2000 sf size! Two parcel assemblage. Prelim Short plat into the county for Engineering and plat approval in June 2022. 4 duplex homes, and one single family stand alone home on large lot. Rezoned from r9600 to r7200. Level, dry lots with easy access off Carter Road. Bothell Address, SnoCo jurisdiction (just over the line) and in a great location for new construction. The two existing homes will be torn down, but are rentable until construction is permitted.

Last Agent to Sell the Property

Rich Whitehill

COMPASS License #98306 Listed on: 01/18/2022

COMPASS

Last Buyer's Agent

Ravichandra Sriram

Kelly Right RE of Seattle LLC License #121594

Kelly Right RE of Seattle LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1879264

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,058

Lot Details

  • 1.1 Acre Lot
  • Cul-De-Sac
  • Level Lot
  • Zoning described as r7200

Property Views

  • Territorial Views

Schools

  • Lockwood Elementary School
  • Canyon Park Middle School
  • North Creek High School

Community Details

  • No Home Owners Association
  • Alderwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00374100600604

Property Details

Property Type

Land

Est. Annual Taxes

$12,058

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 41 - Res-Over 1 Acre
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • Improvements: Dwelling
  • Survey: available
  • Special Features: None

Interior Features

  • Possible Use: See Remarks
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • View: Territorial
  • Lot Features: Cul-De-Sac
  • View: Yes
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: Access Easement
  • RoadOnWhichSide: West
  • WaterJurisdiction: Alderwood
  • Easements: Sewer Water Road

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: On Property
  • Water Source: On Property
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: Yes
  • Utilities: Natural Gas Available, Electricity Connected
  • ElectricityStatus: On Property
  • GasStatus: On Property

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Northshore
  • High School: North Creek High School
  • Middle Or Junior School: Canyon Park Middle School

Lot Info

  • Parcel Number: 00374100600604
  • Topography: Level
  • Lot Size Acres: 1.1019
  • Lot Size Sq Ft: 48000
  • Zoning Description: r7200
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: County
  • ZoningClass: See Remarks

Tax Info

  • Year: 2021
  • Tax Annual Amount: 12058

MLS Schools

  • Elementary School: Lockwood Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2020
Closed on
Apr 21, 2020
Sold by
Ham Joan H
Bought by
Spencer Robert
Seller's Agent
Michael Wyman
Wyman Real Estate, Inc
Buyer's Agent
Mary Shea
HomeSmart Real Estate Assoc
List Price
$550,000
Sold Price
$535,000
Premium/Discount to List
-$15,000
-2.73%
Current Estimated Value
$1,213,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$678,213
Avg. Annual Appreciation
15.80%
Original Mortgage
$508,250
Outstanding Balance
$449,393
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$763,820
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Spencer Robert $535,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spencer Robert $508,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2023 12/15/23 Sold $1,800,000 -10.0% $1,076 / Sq Ft
02/20/2022 02/20/22 Pending -- -- --
02/14/2022 02/14/22 For Sale $2,000,000 0.0% $1,195 / Sq Ft
01/18/2022 01/18/22 Pending -- -- --
01/18/2022 01/18/22 For Sale $2,000,000 +273.8% $1,195 / Sq Ft
04/22/2020 04/22/20 Sold $535,000 -2.7% $320 / Sq Ft View Prior Sale
03/18/2020 03/18/20 Pending -- -- --
03/12/2020 03/12/20 For Sale $550,000 -- $329 / 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 $5,104 $508,300 $508,300 --
2024 $5,104 $600,400 $441,800 $158,600
2023 $6,074 $781,600 $608,000 $173,600
2022 $5,597 $576,200 $425,600 $150,600
2020 $4,705 $502,900 $337,300 $165,600
2019 $4,182 $408,500 $253,000 $155,500
2018 $3,914 $360,100 $220,400 $139,700
2017 $3,192 $300,300 $171,100 $129,200
2016 $3,024 $275,200 $150,700 $124,500
2015 $2,699 $230,100 $152,000 $78,100
2013 $2,495 $184,500 $117,000 $67,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1879264

Northwest Multiple Listing Service (NWMLS)

APN: 003741-006-006-04