Listed by COMPASS, Bought with Engel & Voelkers Kirkland
NOT LISTED FOR SALE

Estimated Value: $2,685,000 - $2,832,000

0.17 Acre
$16,281,276 Price per Acre
7,405 Sq Ft Lot

Last Sold September 06, 2016

Last sale price $748,000

Est. 276% increase in value since last sale

Current estimated payment $16,608/month

154 Days on Market

About This Lot

As of September 2016

Rare opportunity to purchase an affordable building lot in the Madison Park! This is a perfect spot to build dream retreat, surrounded by the natural setting of this special neighborhood.

Last Agent to Sell the Property

Mary P. Snyder

COMPASS License #43978 Listed on: 02/29/2016

COMPASS

Co-Listed By

Bob Bennion

COMPASS License #4166

Last Buyer's Agent

Laura De Zorzi

Engel & Voelkers Kirkland License #112857

Engel & Voelkers Kirkland

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM899093

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Lot Details

  • Corner Lot
  • Sloped Lot

Utilities

  • Water Not Available
  • Sewer in Street

Community Details

  • Madison Park Community

Listing and Financial Details

  • Assessor Parcel Number 9185700520

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Evergreens, Garden/Fruit Trees
  • Style: 40 - Res-Less Thn 1 Ac
  • Restrictions: No Restrictions
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: Paved

Utilities

  • Electricity: Not Available
  • Gas Available: Not Available
  • Sewer: In Street
  • Water: Not Available

Condo/Co-op/Association

  • Community Name: Madison Park

Schools

  • School District: SEA

Lot Info

  • General Zoning Classification: Residential
  • Lot Details: Alley, Corner Lot, Curbs
  • Lot Sq Ft: 7297
  • Parcel Number: 9185700520
  • Topography: Sloped
  • Zoning Jurisdiction: City

Tax Info

  • Tax Amount: 5856

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2016
Closed on
Sep 5, 2016
Sold by
Isik F Frank and Gibran Nicole
Bought by
Chin Christopher K L and Chin Amanda R
Seller's Agent
Mary P. Snyder
COMPASS
Buyer's Agent
Laura De Zorzi
Engel & Voelkers Kirkland
List Price
$895,000
Sold Price
$748,000
Premium/Discount to List
-$147,000
-16.42%
Current Estimated Value
$2,810,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,062,439
Avg. Annual Appreciation
14.95%

Purchase Details

Closed on
May 2, 2006
Sold by
Bank Of America Na
Bought by
Isik F Frank and Gibran Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Chin Christopher K L $748,000 Chicago Title
Isik F Frank $2,000,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Isik F Frank $1,600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2016 09/06/16 Sold $748,000 -16.4% --
08/01/2016 08/01/16 Pending -- -- --
02/29/2016 02/29/16 For Sale $895,000 -- --
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 $23,989 $2,506,000 $1,390,000 $1,116,000
2023 $22,743 $2,411,000 $1,296,000 $1,115,000
2022 $21,926 $3,097,000 $1,296,000 $1,801,000
2021 $20,518 $2,391,000 $1,050,000 $1,341,000
2020 $16,523 $2,163,000 $835,000 $1,328,000
2018 $7,523 $853,000 $853,000 $0
2017 $6,377 $756,000 $756,000 $0
2016 $6,177 $661,000 $661,000 $0
2015 $5,856 $626,000 $626,000 $0
2014 -- $608,000 $608,000 $0
2013 -- $561,000 $561,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM899093

Northwest Multiple Listing Service (NWMLS)

APN: 918570-0520