NOT LISTED FOR SALE

Estimated Value: $848,000 - $1,184,170

6 Beds
3 Baths
2,380 Sq Ft
$431/Sq Ft Est. Value

Last Sold November 17, 2016

Last sale price $525,000 $221 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $6,447/month

Highlights

  • Lake Front
  • 0.57 Acre Lot
  • Thermal Windows
  • Robert Eagle Staff Middle School Rated A
  • Softwood Flooring
  • Wood Siding

About This Home

As of November 2016

Waterfront duplex on Bitter Lake with 50 feet of no-bank waterfront! Huge private lot with gentle slope to the beach. Prime lakefront site with sunny SW exposure. The home has good bones with great potential for sweat equity. Spacious upper floor view suite with deck would make perfect owners unit. Large basement unit with pleasant lake views and high ceilings provides excellent supplemental income. Rolling lawn with brick fire-pit and BBQ. Existing dock with moorage for a small boat.

Last Agent to Sell the Property

Scott Anderson

Windermere Real Estate Co. License #8887 Listed on: 09/23/2016

Windermere Real Estate Co.

Co-Listed By

Tyler Anderson

Windermere Real Estate Co. License #111965

Last Buyer's Agent

Scott Anderson

Windermere Real Estate Co. License #8887 Listed on: 09/23/2016

Windermere Real Estate Co.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1032420

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,202

Year Built

  • Built in 1928

Lot Details

  • 0.57 Acre Lot
  • Lake Front

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,380 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Lake Views

Flooring

  • Softwood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 3 Parking Spaces
  • Open Parking

Utilities

  • Natural Gas Connected

Community Details

  • Bitter Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1926049127

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,202

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1928
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2380
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 340

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Softwood, Vinyl, Carpet
  • Interior Amenities: Forced Air, Fir/Softwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Lake
  • Lot Features: Paved
  • View: Yes
  • Waterfront Features: Lake, No Bank
  • Waterfront: Yes
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Fair
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Sewer Connected, Natural Gas Connected
  • PowerCompany: City Light
  • SewerCompany: SPU
  • WaterCompany: SPU
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 1926049127
  • Lot Size Acres: 0.5717
  • Lot Size Sq Ft: 24902
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: kcr
  • ZoningClass: Residential

Green Features

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

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Tax Info

  • Year: 2016
  • Tax Annual Amount: 7202

Multi Family

  • Number Of Units Total: 2
  • Leasable Area: 2350
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: true
  • VacancyRate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2016
Closed on
Nov 9, 2016
Sold by
Penning Matthew and Penning Duane M
Bought by
Hollowed Thomas and Hollowed Danae
Seller's Agent
Scott Anderson
Windermere Real Estate Co.
Buyer's Agent
Scott Anderson
Windermere Real Estate Co.
List Price
$525,000
Sold Price
$525,000
Current Estimated Value
$1,022,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$497,962
Avg. Annual Appreciation
7.90%
Original Mortgage
$393,750
Outstanding Balance
$320,325
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$699,431
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
Hollowed Thomas $525,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hollowed Thomas $393,750
Previous Owner Penning Duane M $544,185
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2016 11/17/16 Sold $525,000 0.0% $221 / Sq Ft
09/24/2016 09/24/16 Pending -- -- --
09/23/2016 09/23/16 For Sale $525,000 -- $221 / 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 $10,147 $961,000 $705,000 $256,000
2023 $8,217 $770,000 $769,000 $1,000
2022 $7,191 $780,000 $687,000 $93,000
2021 $6,438 $689,000 $626,000 $63,000
2020 $6,412 $581,000 $522,000 $59,000
2018 $7,239 $610,000 $501,000 $109,000
2017 $6,719 $671,000 $469,000 $202,000
2016 $7,203 $646,000 $451,000 $195,000
2015 $6,231 $688,000 $480,000 $208,000
2014 -- $606,000 $429,000 $177,000
2013 -- $551,000 $390,000 $161,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1032420

Northwest Multiple Listing Service (NWMLS)

APN: 192604-9127