NOT LISTED FOR SALE

Estimated Value: $1,593,200 - $2,734,000

3 Beds
2 Baths
2,470 Sq Ft
$861/Sq Ft Est. Value

Last Sold October 11, 2017

Last sale price $3,500,000 $1,417 Per Sq Ft

Est. 39% decrease in value since last sale

Current estimated payment $12,663/month

29 Days on Market

Highlights

  • Lake View
  • Cape Cod Architecture
  • 2 Fireplaces
  • Montlake Elementary School Rated A
  • Softwood Flooring
  • Attached Garage

About This Home

As of October 2017

Legendary Portage Bay waterfront property on 2 tax lots, from street to end of dock, w/50 feet of waterfront, 6 homes in 4 structures including a charming 1937 Cape Cod, a majestic triplex with sweeping water views, 2 dock homes on a private pier, a 2-car garage + a separate shop and large storage building. Originally owned by The Fuhrman Family, and later by Seattle restaurant icon Ivar Haglund, this extraordinary residential compound comes with happy long-term tenants and unrivaled potential.

Last Agent to Sell the Property

Kyle Rose

Windermere RE Greenwood License #29439 Listed on: 08/01/2017

Windermere RE Greenwood

Co-Listed By

Gary Everist

Windermere RE Greenwood License #10532

Last Buyer's Agent

Renee Chatalas

Windermere RE Greenwood

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1170667

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,866

Year Built

  • Built in 1937

Lot Details

  • Partially Fenced Property
  • Level Lot

Parking

  • Attached Garage

Property Views

  • Lake
  • Territorial

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Softwood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Additional Features

  • 2 Fireplaces
  • Cable TV Available
  • Partially Finished Basement

Community Details

  • Portage Bay Community

Listing and Financial Details

  • Assessor Parcel Number 1959702140

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,866

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Architecture: Cape Cod
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1937
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Ceramic Tile, Fir/Softwood, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3.00
  • Bathrooms: 1.50
  • Total Full Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Basement: Partially Finished
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Recreation Room: Lower
  • Estimated Sq Ft: 2470
  • Square Footage Finished: 2470

Exterior Features

  • Exterior: Brick, Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Lake, Territorial

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: City of Seattle
  • Sewer: Available
  • Sewer Company: City of Seattle
  • Water Company: City of Seattle
  • Water Heater: basement-gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Portage Bay

Schools

  • School District: SEA

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 4460
  • Lot Topography Vegetation: Level
  • Parcel Number: 1959702140
  • Lot Topography: Level

Rental Info

  • Monthly Rentif Rented: 2660

Tax Info

  • Tax Amount: 7628

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2014
Sold by
Ramey Paul B and Mccarthy Ramey Sharon K
Bought by
Ramey Paul B and Ramey Sharon K Mccarthy
Current Estimated Value
$2,127,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Outstanding Balance
$376,199
Interest Rate
4.28%
Mortgage Type
New Conventional
Estimated Equity
$1,574,749

Purchase Details

Closed on
May 18, 1995
Sold by
Vanpatten Amelia B and Jones Amelia B
Bought by
Ramey Paul B and Mccarthy Ramey Sharon K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
8.32%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 24, 1994
Sold by
Vanpatten Amelia B
Bought by
Vanpatten Amelia B and Van Patten Family Charitable Unitrust
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
Ramey Paul B -- Ticor Title
Ramey Paul B $1,500,000 Chicago Title Insurance Co
Vanpatten Amelia B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramey Paul B $487,500
Open Ramey Paul B $920,000
Closed Ramey Paul B $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2017 10/11/17 Sold $3,500,000 -29.9% $1,417 / Sq Ft
09/01/2017 09/01/17 Pending -- -- --
08/02/2017 08/02/17 For Sale $4,995,000 -- $2,022 / 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 $12,866 $1,335,000 $750,000 $585,000
2023 $11,977 $1,263,000 $715,000 $548,000
2022 $9,516 $1,188,000 $618,000 $570,000
2021 $9,001 $1,023,000 $532,000 $491,000
2020 $9,172 $917,000 $499,000 $418,000
2018 $8,305 $916,000 $513,000 $403,000
2017 $7,628 $830,000 $450,000 $380,000
2016 $7,138 $789,000 $430,000 $359,000
2015 $5,678 $721,000 $391,000 $330,000
2014 -- $583,000 $326,000 $257,000
2013 -- $548,000 $311,000 $237,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1170667

Northwest Multiple Listing Service (NWMLS)

APN: 195970-2140