Listed by KW Greater Seattle, Bought with Windermere RE Greenwood
NOT LISTED FOR SALE

Estimated Value: $1,661,355 - $1,879,000

4 Beds
2 Baths
3,100 Sq Ft
$556/Sq Ft Est. Value

Last Sold July 14, 2023

Last sale price $1,627,000 $525 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $10,299/month

24 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Wood Flooring
  • Lawton Elementary School Rated A-
  • Property is near public transit
  • 2 Fireplaces

About This Home

As of July 2023

Beautifully remodeled Cape Cod nestled between Discovery Park and Magnolia Blvd provides in-city serenity. Main floor features newly remodeled and expanded kitchen and an open floorplan flowing out to multitiered entertainment sized deck. 2 bedrooms and a full bath complete the main floor. Enjoy 2 huge upstairs bedrooms flanking a newly remodeled bathroom. Lower level offers a media room and bonus room and has ADU potential. This home is surrounded by beautiful gardens and flooded with natural light. A two-car garage plus more off-street parking completes. Adjacent access to the most treasured park in Seattle offers a unique lifestyle for both you and Rover. Excellent schools, easy commute to downtown Seattle, Expedia and SLU.

Last Agent to Sell the Property

Kris Murphy

KW Greater Seattle License #25908 Listed on: 05/16/2023

KW Greater Seattle

Co-Listed By

Elaine Shankland

KW Greater Seattle License #103857

Last Buyer's Agent

Sarah Shutes

Windermere RE Greenwood License #122702

Windermere RE Greenwood

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2068695

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,399

Year Built

  • Built in 1940

Lot Details

  • 6,175 Sq Ft Lot
  • Lot Dimensions are 95x65
  • East Facing Home
  • Partially Fenced Property
  • Corner Lot
  • Level Lot
  • Garden
  • Zoning described as NR2

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,100 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • 2 Fireplaces
  • Wood Burning Fireplace
  • French Doors
  • Dining Room
  • Storm Windows
  • Finished Basement

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Location

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

Schools

  • Lawton Elementary School
  • Mc Clure Mid Middle School
  • Ballard High School

Utilities

  • High Efficiency Air Conditioning
  • Forced Air Heating System
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Magnolia Subdivision
  • Property is near a preserve or public land

Listing and Financial Details

  • Legal Lot and Block 1 / H
  • Assessor Parcel Number 5035300830

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,399

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 18 - 2 Stories w/Bsmnt
  • Year Built: 1940
  • Inclusions: Dishwasher,Dryer,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Cape Cod
  • Building Name: Magnolia Heights Add
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 3100
  • SeniorExemption: false
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 2
  • Basement: Finished
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Wall to Wall Carpet, Double Pane/Storm Window, Dining Room, French Doors, Walk-In Pantry, Wet Bar, Fireplace, Water Heater
  • Living Area: 3100
  • Main Level Bedrooms: 2
  • Bathrooms: 2
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 3100
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • AppliancesIncluded: Dishwasher,Dryer,Microwave,Refrigerator,Stove/Range,Washer
  • FireplacesLower: 1
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • Lot Features: Adjacent to Public Land, Corner Lot, Paved
  • View: No
  • Waterfront: No
  • Direction Faces: East
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • BusLineNearby: true
  • BusRouteNumber: 24,33

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Detached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: 90%+ High Efficiency
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: Seattle City Light
  • SewerCompany: Seattle Public Utilities
  • WaterCompany: Seattle Public Utilities
  • WaterHeaterLocation: Basement
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle
  • High School: Ballard High
  • Middle Or Junior School: Mc Clure Mid

Lot Info

  • Parcel Number: 5035300830
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.1418
  • Lot Size: 95x65
  • Lot Size Sq Ft: 6175
  • Zoning Description: NR2
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,High Speed Internet
  • MLSLotSizeSource: KCR
  • MLSSquareFootageSource: KCR
  • ZoningJurisdiction: City
  • LotNumber: 1

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 10399

Multi Family

  • EnergySource: Natural Gas

MLS Schools

  • Elementary School: Lawton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2023
Closed on
Jul 11, 2023
Sold by
Spearman Sandra Kay and Spearman Sonny
Bought by
Shutes Sarah and Shutes Molly
Seller's Agent
Kris Murphy
KW Greater Seattle
Buyer's Agent
Sarah Shutes
Windermere RE Greenwood
List Price
$1,685,000
Sold Price
$1,627,000
Premium/Discount to List
-$58,000
-3.44%
Views
40
Current Estimated Value
$1,725,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,089
Avg. Annual Appreciation
2.68%
Original Mortgage
$976,200
Outstanding Balance
$952,913
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$772,176

Purchase Details

Closed on
Mar 24, 2011
Sold by
Spearman Sonny
Bought by
Spearman Sonny and Romig Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$559,035
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 14, 2011
Sold by
Welter Brian K and Spearman Sonny
Bought by
Spearman Sonny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$559,035
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 26, 2007
Sold by
Welter Brian K
Bought by
Welter Brian K and Spearman Sonny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$579,800
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 2001
Sold by
Welter Brian K
Bought by
Welter Brian K and Welter Jordan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.14%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 6, 1998
Sold by
Prudential Residential Svcs Ltd Prtnrshp
Bought by
Welter Brian K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
7.11%

Purchase Details

Closed on
Feb 10, 1998
Sold by
Anderson William C and Anderson Eleanor M
Bought by
Prudential Residential Svcs Ltd Prtnrshp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
7.11%

Purchase Details

Closed on
Apr 16, 1992
Sold by
Hanson Douglas R and Hanson Capree K
Bought by
Anderson William C and Anderson Eleanor M
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
Shutes Sarah $1,627,000 First American Title Insurance
Spearman Sonny $276,000 None Available
Spearman Sonny $276,000 Title Source Inc
Welter Brian K $284,493 Pacific Nw Tit
Welter Brian K -- Pacific Northwest Title
Welter Brian K $440,000 First American
Prudential Residential Svcs Ltd Prtnrshp $440,000 First American Title Ins Co
Anderson William C $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shutes Sarah $976,200
Previous Owner Spearman Sonny $559,035
Previous Owner Welter Brian K $579,800
Previous Owner Welter Brian K $500,000
Previous Owner Welter Brian K $352,000
Closed Welter Brian K $66,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2023 07/14/23 Sold $1,627,000 -3.4% $525 / Sq Ft
06/09/2023 06/09/23 Pending -- -- --
05/16/2023 05/16/23 For Sale $1,685,000 -- $544 / 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 $13,840 $1,420,000 $1,022,000 $398,000
2023 $12,328 $1,281,000 $827,000 $454,000
2022 $9,497 $1,196,000 $776,000 $420,000
2021 $9,062 $1,002,000 $650,000 $352,000
2020 $9,371 $907,000 $595,000 $312,000
2018 $8,746 $920,000 $598,000 $322,000
2017 $7,714 $863,000 $475,000 $388,000
2016 $7,128 $786,000 $433,000 $353,000
2015 $6,002 $709,000 $394,000 $315,000
2014 -- $608,000 $337,000 $271,000
2013 -- $584,000 $325,000 $259,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2068695

Northwest Multiple Listing Service (NWMLS)

APN: 503530-0830