NOT LISTED FOR SALE

Estimated Value: $5,446,000 - $6,064,658

4 Beds
2 Baths
9,139 Sq Ft
$630/Sq Ft Est. Value

Last Sold December 31, 2014

Last sale price $1,800,000 $197 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $36,574/month

59 Days on Market

Highlights

  • Views of a Sound
  • Deck
  • Corner Lot
  • Mcclure Middle School Rated A-
  • 4 Fireplaces
  • 5-minute walk to Magnolia Park

About This Home

As of December 2014

Wrap-around, jaw dropping views & no neighbors whatsoever to the South & West. Very rare privacy, bordered by green-space stretching 5 city blocks! Architecturally significant home w/curved walls of windows to showcase beauty that encompasses Downtown City lights, Mt Rainier, Alki Beach, to Bainbridge. Close to shopping, restaurants & world-famous waterfront. One-of-a-kind concrete, steel and glass structure offering unobstructed views that are truly extraordinary. Come see this legendary home!

Last Agent to Sell the Property

Heidi Bright

Coldwell Banker Danforth License #10366 Listed on: 10/31/2014

Coldwell Banker Danforth

Last Buyer's Agent

Lewis Mason

Windermere Real Estate/East License #7407

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM712819

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $63,317

Year Built

  • Built in 1966

Lot Details

  • Property is Fully Fenced
  • Corner Lot
  • Level Lot

Parking

  • Attached Garage

Property Views

  • Views of a Sound
  • Bay
  • City
  • Mountain

Home Design

  • Flat Roof Shape

Interior Spaces

  • 2 Bathrooms
  • 4 Fireplaces
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Magnolia Community

Listing and Financial Details

  • Assessor Parcel Number 5553300150

Home Details

Home Type

Single Family

Est. Annual Taxes

$63,317

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Homebuilder: Bring Yours or Use Ours
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Kitchen, 2nd Master Br, Wine Cellar, Wired For Generator, Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Fireplace In Mstr Br, High Tech Cabling, Security System, Skylights, Walk In Pantry, Walk-In Closet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 4.00
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Three Quarter Bathrooms Lower: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 4
  • Fireplaces Main: 2
  • Fireplaces Lower: 1
  • Basement: Daylight
  • Dining Room: Main
  • Living Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 9139
  • Square Footage Finished: 9139
  • Square Footage Unfinished: 1067

Exterior Features

  • Roof: Flat
  • View: Bay, City, Mountain, Sound

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Magnolia

Schools

  • School District: SEA

Lot Info

  • Lot Details: Corner Lot, Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 26910
  • Lot Topography Vegetation: Level, Partial Slope
  • Parcel Number: 5553300150
  • Zoning Jurisdiction: City
  • Lot Topography: Level, Partial Slope

Tax Info

  • Tax Amount: 21482

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2018
Sold by
Galer Nvestment Group Llc
Bought by
Vaughn Gregory and Leone Paola
Current Estimated Value
$5,755,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Outstanding Balance
$3,516,716
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,134,700

Purchase Details

Closed on
Dec 13, 2016
Sold by
Vaughn Gregory A and Leone Paola
Bought by
Galer Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
3.54%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 31, 2014
Closed on
Dec 30, 2014
Sold by
Mccaw Bruce R
Bought by
Vaughn Gregory A and Leone Paola
Seller's Agent
Heidi Bright
Coldwell Banker Danforth
Buyer's Agent
Lewis Mason
Windermere Real Estate/East
List Price
$2,250,000
Sold Price
$1,800,000
Premium/Discount to List
-$450,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.33%
Original Mortgage
$1,350,000
Interest Rate
3.96%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 13, 1993
Sold by
Lafollette Lawrence D and Lafollette
Bought by
Lattin Lawrence E

Purchase Details

Closed on
Dec 28, 1992
Sold by
Lafollette Helen J
Bought by
Lafollette Lawrence D and Lafollette Rendall
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
Vaughn Gregory -- Rainier Title
Galer Investment Group Llc -- Fidelity
Vaughn Gregory A $1,800,000 Wfg National Title
Lattin Lawrence E $1,050,000 --
Lafollette Lawrence D -- --
Lafollette Helen J Ttee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Vaughn Gregory A $0
Open Vaughn Gregory $2,324,000
Closed Vaughn Gregory $2,500,000
Open Vaughn Gregory $4,000,000
Previous Owner Galer Investment Group Llc $2,000,000
Previous Owner Paola Greg $1,000,000
Previous Owner Vaughn Gregory A $1,350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2014 12/31/14 Sold $1,800,000 -20.0% $197 / Sq Ft
12/30/2014 12/30/14 Pending -- -- --
10/31/2014 10/31/14 For Sale $2,250,000 -- $246 / 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 $63,317 $6,524,000 $2,858,000 $3,666,000
2023 $60,512 $6,377,000 $2,246,000 $4,131,000
2022 $53,762 $6,937,000 $2,107,000 $4,830,000
2021 $51,263 $5,809,000 $1,765,000 $4,044,000
2020 $53,095 $5,258,000 $1,614,000 $3,644,000
2018 $33,853 $5,327,000 $1,620,000 $3,707,000
2017 $29,874 $3,344,000 $2,384,000 $960,000
2016 $27,609 $3,046,000 $2,172,000 $874,000
2015 -- $2,747,000 $1,973,000 $774,000
2014 -- $2,355,000 $1,687,000 $668,000
2013 -- $2,323,000 $1,626,000 $697,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM712819

Northwest Multiple Listing Service (NWMLS)

APN: 555330-0150