Listed by Coldwell Banker Danforth, Bought with Ewing & Clark, Inc.
NOT LISTED FOR SALE

Estimated Value: $5,309,000 - $10,984,281

6 Beds
7 Baths
10,690 Sq Ft
$797/Sq Ft Est. Value

Last Sold March 07, 2014

Last sale price $4,670,000 $437 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $53,506/month

21 Days on Market

About This Home

As of March 2014

Character & Distinction - Landmark Denny Blaine, Lake Wasington View Estate, Lovely Private Grounds. Coveted 1921 Craftsman Detail, appx 10,000 sq/ft, 5 Fireplaces. Grand Entry, Living & Dining Rooms, Jefferson Library w/Private Master Entrance, Inviting Garden Room, Dream Kitchen w/Butler's Pantry & Sunny Breakfast Room. Stunning Remodel/Improvements, Spacious Rooms filled w/Natural Light, Ideal Guest/Nanny Quarters. Denny Blaine, Washington Park, Madison Park - Prime Seattle Location.

Last Agent to Sell the Property

Mike Drake

Coldwell Banker Danforth License #27126 Listed on: 01/09/2014

Coldwell Banker Danforth

Co-Listed By

Kaye Bickford

Windermere Prof Partners License #73774

Last Buyer's Agent

Betsy Terry

Ewing & Clark, Inc. License #36346

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM579821

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$89,283

Year Built

1921

Lot Details

0

Listing Details

  • Condition: Very Good
  • Sq Ft Finished: 10690
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1921

Interior Features

  • Appliances: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplaces: 5
  • Basement: Fully Finished
  • Features: Wet Bar, 2nd Master BR, Wine Cellar, Bath Off Master, Double Pane/Storm Window, Dining Room, Fireplace in Master Bedroom, French Doors, Security System, Vaulted Ceilings, Walk In Pantry, Walk-in Closet
  • Fireplaces: 5
  • Floor: Ceramic Tile, Concrete, Fir/Softwood, Hardwood
  • Water Heater Location: natural gas

Exterior Features

  • Exterior: Stucco
  • Foundation: Poured Concrete
  • Lot Details: Corner Lot, Paved Street
  • Pool: In-Ground
  • Site Features: Cable TV, Natural Gas Available, Patio, Sprinkler System
  • View: Lake, Mountain
  • Lot Topography: Level

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Spaces: 2

Utilities

  • Cooling: Forced Air
  • Heating: Forced Air, Radiant, Radiator
  • Appliances: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Heating and Cooling: Forced Air, Radiant, Radiator
  • Power Company: Seattle City Light
  • Sewer: Connected
  • Sewer Company: Seattle
  • Water Company: Seattle
  • Water Source: Public

Schools

  • School District: SEA
  • Elementary School: Mc Gilvra
  • Middle School: Wash Mid
  • High School: Garfield High

Lot Info

  • Lot Dimensions: 33936

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2014
Closed on
Feb 27, 2014
Sold by
American Escrow & Closing Company
Bought by
Mccormick Anthony J
Seller's Agent
Mike Drake
Coldwell Banker Danforth
Buyer's Agent
Betsy Terry
Ewing & Clark, Inc.
List Price
$4,975,000
Sold Price
$4,670,000
Premium/Discount to List
-$305,000
-6.13%
Current Estimated Value
$8,520,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,850,427
Avg. Annual Appreciation
5.37%
Original Mortgage
$3,000,000
Interest Rate
2.31%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 29, 2013
Sold by
Schaffer Arnold R and Schaffer Diane E
Bought by
American Escrow & Closing Company

Purchase Details

Closed on
Feb 11, 2011
Sold by
Parker Janet
Bought by
Schaffer Arnold R and Schaffer Diane E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,583,000
Interest Rate
4.71%
Mortgage Type
New Conventional
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
Mccormick Anthony J $4,760,000 Stewart Title
American Escrow & Closing Company $4,975,000 Stewart Title
Schaffer Arnold R $3,228,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Okerstrom Mark Douglas $3,725,000
Open Okerstrom Mark Douglas $53,700,000
Closed Mccormick Anthony J $3,000,000
Previous Owner Schaffer Diane E $1,500,000
Previous Owner Schaffer Arnold R $487,730
Previous Owner Schaffer Arnold R $1,583,000
Previous Owner Mcclelland John M $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2014 03/07/14 Sold $4,670,000 -6.1% $437 / Sq Ft
01/31/2014 01/31/14 Pending -- -- --
01/09/2014 01/09/14 For Sale $4,975,000 -- $465 / 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 $89,283 $9,360,000 $4,958,000 $4,402,000
2023 $80,310 $8,533,000 $4,621,000 $3,912,000
2022 $71,043 $9,556,000 $4,621,000 $4,935,000
2021 $69,939 $7,738,000 $3,742,000 $3,996,000
2020 $77,865 $7,240,000 $3,381,000 $3,859,000
2018 $74,140 $8,084,000 $3,452,000 $4,632,000
2017 $64,365 $7,542,000 $3,058,000 $4,484,000
2016 $62,348 $6,762,000 $2,671,000 $4,091,000
2015 $49,286 $6,398,000 $2,530,000 $3,868,000
2014 -- $5,153,000 $1,852,000 $3,301,000
2013 -- $4,567,000 $1,707,000 $2,860,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM579821

Northwest Multiple Listing Service (NWMLS)

APN: 195470-0185