NOT LISTED FOR SALE

Estimated Value: $2,398,533 - $2,785,000

4 Beds
3 Baths
4,460 Sq Ft
$580/Sq Ft Est. Value

Last Sold December 14, 2018

Last sale price $1,510,000 $339 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $15,843/month

131 Days on Market

Highlights

  • Fruit Trees
  • Territorial View
  • 3 Fireplaces
  • Tahoma Elementary Rated A
  • Wood Flooring
  • Gazebo

About This Home

As of December 2018

This Estate in The Ridge at Lake Webster is surrounded by acres of park-like grounds. The custom home was updated in 2007 to best-in-class standards, w/a chef's kitchen, main-floor master & fabulous 500sf covered outdoor living. Luxurious finishes; wide-plank chestnut hwds, intricate moldings & stone surfaces. Outside waterfall creates an oasis w/a series of patios. Detached 3-car 120/240V workshop & fenced vegetable garden all part of an exclusive gated community w/award winning Tahoma Schools!

Last Agent to Sell the Property

Sean Nielsen

Engel & Voelkers Mercer Island License #84762 Listed on: 06/21/2018

Engel & Voelkers Mercer Island

Co-Listed By

Ashley Stevens

Engel & Voelkers Mercer Island License #109779

Last Buyer's Agent

Anthony Jenkins

RSVP Brokers ERA License #129017

RSVP Brokers ERA

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1307811

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,433

Year Built

  • Built in 1998

Lot Details

  • Street terminates at a dead end
  • Gated Home
  • Level Lot
  • Fruit Trees
  • Garden

Parking

  • Garage

Home Design

  • Poured Concrete
  • Composition Roof
  • Stucco
  • Stone

Interior Spaces

  • 3 Fireplaces
  • Territorial Views

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Gazebo
  • Outbuilding

Utilities

  • Septic System
  • Cable TV Available

Community Details

  • Maple Valley Community
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 3523069185

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,433

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Homebuilder: Torina Homes
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Wired For Generator, Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Fireplace In Mstr Br, French Doors, Security System, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Refrigerator, Washer
  • Approved Number of Bedrooms: 4
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 2.50
  • Bathrooms Main: Main
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 3
  • Fireplaces Main: 3
  • Den or Office: Main
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 4460
  • Square Footage Finished: 4460

Exterior Features

  • Exterior: Stone, Stucco
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Type: Garage-Attached, Garage-Detached
  • Total Covered Parking: 6

Utilities

  • Heating And Cooling: Central A/C, Forced Air
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 4
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Cedar River Water Dist
  • Water Heater: Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 92
  • Community Name: Maple Valley
  • Project: The Ridge at Lake Webster
  • Community Features: CCRs

Schools

  • Elementary School: Tahoma Elementary
  • Middle School: Summit Trail Middle
  • High School: Tahoma Snr High
  • School District: THS

Lot Info

  • Lot Number: 4
  • Lot Details: Dead End Street, Paved Street
  • Lot Sq Ft: 83635
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Level
  • Parcel Number: 3523069185
  • Zoning Jurisdiction: City
  • Lot Topography: Fruit Trees, Garden Space, Level

Tax Info

  • Tax Amount: 14320

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2018
Closed on
Dec 10, 2018
Sold by
Fonnesbeck Kenneth C and Fonnesbeck Sheri G
Bought by
Sikka Ricky A and Sikka Renee
Seller's Agent
Sean Nielsen
Engel & Voelkers Mercer Island
Buyer's Agent
Anthony Jenkins
RSVP Brokers ERA
List Price
$1,695,000
Sold Price
$1,510,000
Premium/Discount to List
-$185,000
-10.91%
Current Estimated Value
$2,588,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,078,633
Avg. Annual Appreciation
8.24%
Original Mortgage
$1,208,000
Outstanding Balance
$1,064,274
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$1,524,359

Purchase Details

Closed on
Jul 14, 1997
Sold by
James E Torina Fine Homes Inc
Bought by
Fonnesbeck Kenneth C and Fonnesbeck Sheri G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,750
Interest Rate
7.5%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sikka Ricky A $1,510,000 Wfg National Title Company O
Fonnesbeck Kenneth C $125,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sikka Ricky A $1,208,000
Previous Owner Fonnesbeck Kenneth C $451,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2018 12/14/18 Sold $1,510,000 -5.3% $339 / Sq Ft
10/30/2018 10/30/18 Pending -- -- --
09/13/2018 09/13/18 Price Changed $1,595,000 -1.8% $358 / Sq Ft
08/24/2018 08/24/18 Price Changed $1,625,000 -4.1% $364 / Sq Ft
06/21/2018 06/21/18 For Sale $1,695,000 -- $380 / 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 $25,433 $2,269,000 $663,000 $1,606,000
2023 $20,905 $1,888,000 $448,000 $1,440,000
2022 $18,849 $2,120,000 $493,000 $1,627,000
2021 $18,167 $1,581,000 $368,000 $1,213,000
2020 $16,396 $1,386,000 $368,000 $1,018,000
2018 $14,320 $1,384,000 $361,000 $1,023,000
2017 $13,076 $993,000 $351,000 $642,000
2016 $12,990 $930,000 $338,000 $592,000
2015 $11,900 $865,000 $314,000 $551,000
2014 -- $775,000 $290,000 $485,000
2013 -- $752,000 $257,000 $495,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1307811

Northwest Multiple Listing Service (NWMLS)

APN: 352306-9185