Listed by Windermere Real Estate/East, Bought with Windermere Real Estate/East
NOT LISTED FOR SALE

2603 E Beaver Lake Dr SE Sammamish, WA 98075

Estimated Value: $3,008,043 - $3,448,000

5 Beds
3 Baths
3,480 Sq Ft
$940/Sq Ft Est. Value

Last Sold July 28, 2022

Last sale price $3,250,000 $934 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $19,929/month

4 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Docks
  • Lake View
  • Endeavour Elementary School Rated A
  • Spa
  • 0.49 Acre Lot

About This Home

As of July 2022

Lake life unfolds beautifully on a quaint, secluded lane leading to a classic Cape Cod-style home on Beaver Lake. Sited on private, shy 1/2 acre, with tranquil views & manicured grounds. French doors open to covered deck, spa, private west-facing floating dock/barge & lush lawn for entertaining & sunsets. 45 ft of private, low-bank waterfront. Crisp white board & batten, solid hdwd floors & skylights. Fireplaces flanked by custom built-ins provide a warm casual ambiance that flows from the double island culinary kitchen/great rm, to open living & dining. Main floor guest suite w/ 3/4 bath. Primary suite w/ fireplace, hdwd floors, lake views, balcony, 5-pc bath & walk-in closet with built-ins & 2nd laundry space. Generator, A/C, city sewer.

Last Agent to Sell the Property

Betsy Matias

Windermere Real Estate/East License #126005 Listed on: 06/10/2022

Windermere Real Estate/East

Last Buyer's Agent

Leslie Hancock

Windermere Real Estate/East License #8806

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1945264

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,407

Year Built

  • Built in 1997

Lot Details

  • 0.49 Acre Lot
  • Low Bank Waterfront Property
  • 45 Feet of Waterfront
  • Lake Front
  • Street terminates at a dead end
  • Partially Fenced Property
  • Secluded Lot
  • Level Lot
  • Garden
  • Zoning described as R4

Parking

  • 3 Car Attached Garage

Property Views

  • Lake
  • Territorial

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 3,480 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • 3 Fireplaces
  • French Doors
  • Dining Room
  • Loft
  • Dryer

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Slate Flooring
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Spa
  • Docks
  • Deck
  • Patio

Schools

  • Endeavour Elementary School
  • Beaver Lake Mid Middle School
  • Skyline High School

Utilities

  • Central Air
  • Generator Hookup
  • Water Heater
  • High Speed Internet
  • High Tech Cabling
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Beaver Lake Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 1124069103

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,407

Year Built

Built in 1997

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 1997
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 3480
  • SeniorExemption: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 1,123

Interior Features

  • Fireplaces: 3
  • Basement: None
  • Private Spa: Yes
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Slate, Vinyl, Carpet
  • Interior Amenities: Forced Air, Central A/C, Ceramic Tile, Hardwood, Wall to Wall Carpet, Wired for Generator, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Fireplace (Primary Bedroom), French Doors, High Tech Cabling, Jetted Tub, Loft, Security System, Skylight(s), Vaulted Ceiling(s), Walk-In Pantry, Walk-In Closet(s), Water Heater
  • Living Area: 3480
  • Main Level Bedrooms: 1
  • Bathrooms: 2.75
  • BathsFullMain: 0
  • FireplacesMain: 2
  • SquareFootageFinished: 3480
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 4
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range
  • FireplacesUpper: 1

Exterior Features

  • Roof: Composition
  • View: Lake, Territorial
  • Lot Features: Dead End Street, Secluded
  • View: Yes
  • Waterfront Features: Bank-Low, Lake
  • Waterfront: Yes
  • Exterior Features: Stone, Wood
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • BusLineNearby: false
  • WaterfrontFootage: 45

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electricity Available, Natural Gas Connected
  • HeatingCoolingType: Central A/C,Forced Air
  • PowerCompany: Puget Sound Energy
  • SewerCompany: Sammamish
  • WaterCompany: Sammamish
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Issaquah
  • High School: Skyline High
  • Middle Or Junior School: Beaver Lake Mid

Lot Info

  • Parcel Number: 1124069103
  • Topography: Level,PartialSlope
  • Land Lease: No
  • Lot Size Acres: 0.4921
  • Lot Size Sq Ft: 21434
  • Zoning Description: R4
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Dock,Fenced-Partially,Gas Available,High Speed Internet,Hot Tub/Spa,Patio
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City
  • LotNumber: 3

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 22407

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Endeavour Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2022
Closed on
Jul 23, 2022
Sold by
Grassman Steven T and Grassman Heather K
Bought by
Webb Samuel Elliottt and Webb Mary Jo
Seller's Agent
Betsy Matias
Windermere Real Estate/East
Buyer's Agent
Leslie Hancock
Windermere Real Estate/East
List Price
$3,250,000
Sold Price
$3,250,000
Current Estimated Value
$3,271,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,761
Avg. Annual Appreciation
0.30%
Original Mortgage
$2,000,000
Outstanding Balance
$1,928,352
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$1,351,310

Purchase Details

Listed on
Apr 18, 2013
Closed on
Jun 25, 2013
Sold by
Henson Scott
Bought by
Grassman Steven T and Grassman Heather K
Seller's Agent
Sally Gregg
COMPASS
Buyer's Agent
Christine Kipp
Realogics Sotheby's Int'l Rlty
List Price
$1,269,500
Sold Price
$1,269,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.92%
Original Mortgage
$500,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2012
Sold by
Henson Scott and Henson Catheine
Bought by
Henson Scott and Henson Catherine M

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
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2007
Sold by
Zabel Jeffrey and Zabel Gillian
Bought by
Henson Scott and Henson Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 2006
Sold by
Geiman Benjamin J and Geiman Heidi J
Bought by
Zabel Jeffrey and Zabel Gillian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$925,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 2003
Sold by
Paulson Scott G and Paulson Nika
Bought by
Geiman Benjamin J and Geiman Heidi J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 1998
Sold by
Latitude Corp
Bought by
Paulson Scott G and Paulson Erica L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.62%

Purchase Details

Closed on
Mar 5, 1997
Sold by
Williams Courtney C and Williams Kenneth R
Bought by
Latitude Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
7.9%
Source: Public Records

Range of Values:

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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
Webb Samuel Elliottt $3,250,000 Wfg National Title Company Of
Grassman Steven T $1,269,500 Chicago Title
Henson Scott -- Fidelity
Henson Scott $1,375,000 The Talon Grou
Zabel Jeffrey $1,188,250 Chicago Title
Geiman Benjamin J $818,300 Lawyers Title
Paulson Scott G $776,500 Chicago Title Insurance Co
Latitude Corp $215,000 Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Webb Samuel Elliottt $2,000,000
Previous Owner Grassman Steven T $500,000
Previous Owner Henson Scott $417,000
Previous Owner Henson Scott $1,000,000
Previous Owner Zabel Jeffrey D $157,647
Previous Owner Zabel Jeffrey $925,000
Previous Owner Geiman Benjamin J $240,000
Previous Owner Geiman Benjamin J $650,000
Previous Owner Geiman Benjamin J $129,000
Previous Owner Geiman Benjamin J $650,000
Previous Owner Paulson Scott G $450,000
Previous Owner Latitude Corp $375,000
Closed Geiman Benjamin J $127,385
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2022 07/28/22 Sold $3,250,000 0.0% $934 / Sq Ft
06/14/2022 06/14/22 Pending -- -- --
06/10/2022 06/10/22 For Sale $3,250,000 +156.0% $934 / Sq Ft
07/03/2013 07/03/13 Sold $1,269,500 0.0% $365 / Sq Ft
05/31/2013 05/31/13 Pending -- -- --
04/18/2013 04/18/13 For Sale $1,269,500 -- $365 / 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 $25,227 $2,867,000 $1,069,000 $1,798,000
2023 $26,807 $2,618,000 $945,000 $1,673,000
2022 $22,407 $3,343,000 $1,214,000 $2,129,000
2021 $18,600 $2,244,000 $812,000 $1,432,000
2020 $19,020 $1,716,000 $747,000 $969,000
2018 $17,042 $1,671,000 $735,000 $936,000
2017 $15,038 $1,538,000 $693,000 $845,000
2016 $14,078 $1,391,000 $623,000 $768,000
2015 $12,212 $1,283,000 $605,000 $678,000
2014 -- $1,095,000 $669,000 $426,000
2013 -- $925,000 $609,000 $316,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1945264

Northwest Multiple Listing Service (NWMLS)

APN: 112406-9103