NOT LISTED FOR SALE

Estimated Value: $1,881,255 - $2,662,000

0.28 Acre
$8,112,957 Price per Acre
12,197 Sq Ft Lot

Last Sold May 01, 2020

Last sale price $1,800,000

Est. 26% increase in value since last sale

Current estimated payment $13,004/month

3 Days on Market

Highlights

  • Lake View
  • Level Lot
  • 2-minute walk to Fairview Park
  • Montlake Elementary School Rated A

About This Lot

As of May 2020

Developer Opportunity. Rare opportunity to own 50 feet of waterfront on Lake Union just North of downtown Seattle! Property includes recently renovated 1 bedroom waterfront home and a 160+ foot dock with 3 houseboat rentals (floating homes are not included in the sale). Fully fenced lot with lush landscaping, patio area, 3 garages & 4 storage closets (garage/storage need repair/replacement & are being sold as-is). Ample off street parking. Keep as is or use your imagination. C240 zoning.

Last Agent to Sell the Property

Mark Anderson

John L. Scott, Inc. License #23198 Listed on: 05/02/2016

John L. Scott, Inc.

Last Buyer's Agent

Mark Anderson

John L. Scott, Inc. License #23198 Listed on: 05/02/2016

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM935608

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Property Views

  • Lake
  • City
  • Territorial

Lot Details

  • Level Lot

Community Details

  • Eastlake Community

Listing and Financial Details

  • Assessor Parcel Number 408980002

Property Details

Property Type

Land

Listing Details

  • Property Type: Lots And Land
  • Style: 43 - Comm/Industrial
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: Paved
  • View: City, Lake, Territorial
  • Waterfront: Lake, No Bank
  • Waterfront Frontage: 50
  • Water Jurisdiction: City

Utilities

  • Electricity: On Property
  • Gas Available: On Property
  • Sewer: Available
  • Water: Available

Condo/Co-op/Association

  • Community Name: Eastlake

Schools

  • School District: SEA

Lot Info

  • Improvements: Cable Tv Available, Dock, Fenced-Fully, Garage, Outbuilding(s)
  • Lot Details: Paved Street
  • Lot Sq Ft: 12269
  • Parcel Number: 408980002
  • Topography: Level
  • Zoning Jurisdiction: City
  • Zoning Remarks: C240

Tax Info

  • Tax Amount: 9540

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2016
Closed on
Apr 27, 2020
Sold by
Lemcke Donnarae and Lemcke James R
Bought by
Cove Turtle
Seller's Agent
Mark Anderson
John L. Scott, Inc.
Buyer's Agent
Mark Anderson
John L. Scott, Inc.
List Price
$1,800,000
Sold Price
$1,800,000
Current Estimated Value
$2,271,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$471,628
Avg. Annual Appreciation
4.02%
Original Mortgage
$1,440,000
Outstanding Balance
$1,283,136
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$988,492

Purchase Details

Closed on
Feb 8, 2019
Sold by
Krant Staci
Bought by
Krant Travis

Purchase Details

Closed on
Jul 19, 2004
Sold by
Lemcke Donnarae
Bought by
Lemcke Donnarae
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cove Turtle $1,800,000 First American
Krant Travis -- None Available
Lemcke Donnarae -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cove Turtle $1,440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2020 05/01/20 Sold $1,800,000 0.0% --
05/05/2016 05/05/16 Pending -- -- --
05/02/2016 05/02/16 For Sale $1,800,000 -- --
Source: Northwest Multiple Listing Service (NWMLS)

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 $12,661 $1,338,500 $1,233,600 $104,900
2023 $15,768 $1,346,800 $1,233,600 $113,200
2022 $16,268 $1,903,000 $1,800,600 $102,400
2021 $17,118 $1,808,500 $1,722,000 $86,500
2020 $15,503 $1,808,400 $1,722,000 $86,400
2018 $15,291 $1,574,400 $1,491,000 $83,400
2017 $10,604 $1,575,800 $1,497,000 $78,800
2016 $10,239 $1,124,700 $1,043,400 $81,300
2015 $9,540 $1,059,900 $978,600 $81,300
2014 -- $1,010,600 $930,000 $80,600
2013 -- $975,500 $896,500 $79,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM935608

Northwest Multiple Listing Service (NWMLS)

APN: 408980-0025

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