Listed by Windermere Mercer Island
NOT LISTED FOR SALE

316 5th Ave Unit 202 Kirkland, WA 98033

Norkirk Neighborhood

Estimated Value: $1,171,000 - $1,450,000

2 Beds
2.5 Baths
1,492 Sq Ft
$387/mo HOA Fee

Last Sold February 25, 2020

Last sale price $975,000 $653 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $8,190/month

7 Days on Market

Highlights

  • Lake View
  • Contemporary Architecture
  • Wood Flooring
  • Peter Kirk Elementary School Rated A
  • Property is near public transit
  • End Unit

About This Home

As of February 2020

Luxury view condo in boutique building in urban Kirkland. Walk to everything DT has to offer: shops, restaurants, parks, waterfront & new Kirkland Urban at Park Place. Gourmet kitchen w/slab quartz, SS Bosch appls, gas cooktop, pantry & bar seating. Cozy up by gas FP in the living room or enjoy Lk WA & DT Kirkland views from balcony. Master w/plantation shutters, large w/in closet & 5-piece bath. 2nd full suite. Secured building. 2 parking spots & storage closets. Welcome home!

Last Agent to Sell the Property

Larry Williams

Windermere Mercer Island License #74738 Listed on: 01/17/2020

Windermere Mercer Island

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1552758

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,925

Year Built

  • Built in 2000

Lot Details

  • 8,969

HOA Fees

  • $387 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Lake
  • City

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 1,492 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Insulated Windows

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • Soaking Tub

Laundry

  • Electric Dryer
  • Washer

Home Security

Location

  • Property is near public transit
  • Property is near a bus stop

Utilities

  • Natural Gas Connected
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Balcony
  • End Unit

Listing and Financial Details

  • Assessor Parcel Number 8635780040

Community Details

Overview

  • Association fees include garbage, water/sewer
  • 5 Units
  • Marcia Peterson Association
  • Secondary HOA Phone (425) 999-5515
  • 316 Fifth Avenue Condos
  • Downtown Subdivision
  • Park Phone (425) 999-5515 | Manager Marcia Peterson

Amenities

  • Elevator
  • Lobby

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,925

Year Built

Built in 2000

Lot Details

0

HOA Fees

$387 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 2000
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,RangeOven,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Building Name: 316 Fifth Avenue
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1492
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 20
  • RemodeledUpdated: false
  • UnitFeatures: Balcony/Deck/Patio,End Unit,Insulated Windows,Jetted/Soaking Tub,Primary Bath,Walk-in Closet
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Appliances: Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Hardwood, Cooking-Gas, Dryer-Electric, Washer, Water Heater
  • Main Level Bedrooms: 2
  • Stories: 3
  • Bathrooms: 2.5
  • BathsFullMain: 2
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 2
  • StorageNo: 202
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Range/Oven,Refrigerator,Washer
  • StorageLocation: Garage and Deck
  • WindowCoverings: Included

Exterior Features

  • Roof: Flat
  • View: City, Lake
  • Lot Features: Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Stucco
  • Structure Type: Multi Family
  • BusLineNearby: true

Garage/Parking

  • Carport Y N: No
  • Garage Yn: Yes
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Utilities: Natural Gas Connected, Garbage, Water/Sewer
  • ApplianceHookups: Cooking-Gas,Dryer-Electric,Washer
  • WaterHeaterLocation: Mechanical Closet
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Community Features: Cable TV, Elevator, Fire Sprinklers, Lobby Entrance
  • Park Manager Name: Marcia Peterson
  • Park Manager Phone: 425-999-5515
  • Association Fee: 387
  • Association Fee Frequency: Monthly
  • Phone: 425-999-5515
  • AssociationContactName: Marcia Peterson
  • CoOp: false
  • CommonPropertyFeatures: Cable TV,Elevator,Fire Sprinklers,High Speed Int Avail,Lobby Entrance

Fee Information

  • Association Fee Includes: Garbage, Water/Sewer

Schools

  • Junior High Dist: Lake Washington
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 8635780040
  • Lot Size Acres: 0.2059
  • Lot Size Sq Ft: 8970
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: KCR
  • MLSSquareFootageSource: KCR

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2019
  • Tax Annual Amount: 9925

Multi Family

  • Number Of Units In Community: 5
  • UnitsInBuildingTotal: 5

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2020
Closed on
Feb 20, 2020
Sold by
Collins William J and Collins Lizette C
Bought by
Chua Stephen L
Seller's Agent
Larry Williams
Windermere Mercer Island
List Price
$975,000
Sold Price
$975,000
Current Estimated Value
$1,311,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,111
Avg. Annual Appreciation
5.43%
Original Mortgage
$780,000
Outstanding Balance
$693,571
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$617,540

Purchase Details

Closed on
Dec 1, 2011
Sold by
Burgan James K
Bought by
Collins William J and Collins Lizette C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,400
Interest Rate
4.06%

Purchase Details

Closed on
Jul 19, 2006
Sold by
Savage Jennifer J and Savage Michael Barry
Bought by
Burgan James K

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
6.57%

Purchase Details

Closed on
Apr 19, 2004
Sold by
Atcon Construction Co Inc
Bought by
Callison Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,200
Interest Rate
5.39%
Source: Public Records

Range of Values:

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Average Value
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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
Chua Stephen L $975,000 Chicago Title
Collins William J $433,000 Chicago Title
Burgan James K $634,450 Transnation Ti
Callison Jennifer $414,000 Transnation Ti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chua Stephen L $780,000
Previous Owner Collins William J $346,400
Previous Owner Burgan James K $417,000
Previous Owner Callison Jennifer $331,200
Closed Callison Jennifer $41,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2020 02/25/20 Sold $975,000 0.0% $653 / Sq Ft
01/24/2020 01/24/20 Pending -- -- --
01/17/2020 01/17/20 For Sale $975,000 -- $653 / 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 $10,227 $1,272,000 $254,400 $1,017,600
2023 $8,517 $1,161,000 $246,700 $914,300
2022 $8,324 $1,136,000 $169,600 $966,400
2021 $9,557 $943,000 $154,100 $788,900
2020 $9,872 $998,000 $154,100 $843,900
2018 $9,110 $1,119,000 $146,400 $972,600
2017 $7,126 $909,000 $138,700 $770,300
2016 $6,491 $741,000 $115,600 $625,400
2015 $6,472 $666,000 $107,900 $558,100
2014 -- $640,000 $107,900 $532,100
2013 -- $526,000 $107,900 $418,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1552758

Northwest Multiple Listing Service (NWMLS)

APN: 863578-0040