Listed by Windermere R.E. Shoreline, Bought with COMPASS
NOT LISTED FOR SALE

Estimated Value: $2,798,000 - $4,097,000

3 Beds
1 Bath
2,770 Sq Ft
$1,150/Sq Ft Est. Value

Last Sold August 03, 2017

Last sale price $2,813,000 $1,016 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $19,541/month

7 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Views of a Sound
  • Deck
  • Lawton Elementary School Rated A-
  • Spa
  • Northwest Architecture

About This Home

As of August 2017

Experience a truly unique and one of a kind property with 60+ feet of waterfront at your fingertips and over 100 circular feet of your own sandy beach cove at your toes! This awe inspiring level living home w/ daylight basement will wow you at all levels w/ views from every room of Salmon bay. The blend of interior & outdoor spaces is all encompassing. From your floating like patio deck surrounded by the relaxing sound of water, to your entertainers deck facing the bay & remarkable NW sunsets!

Last Agent to Sell the Property

Clinton Kinzel

Windermere R.E. Shoreline License #73161 Listed on: 07/13/2017

Windermere R.E. Shoreline

Last Buyer's Agent

Melissa Klinnert

COMPASS License #7811

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1159229

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,178

Year Built

  • Built in 1962

Lot Details

  • Low Bank Waterfront Property
  • Property Fronts a Bay or Harbor
  • Property fronts a saltwater canal
  • Dog Run
  • Property is Fully Fenced
  • Level Lot
  • Sprinkler System
  • Garden

Property Views

  • Views of a Sound
  • Bay
  • Canal
  • Territorial

Home Design

  • Northwest Architecture
  • Poured Concrete
  • Metal Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1 Bathroom
  • 2 Fireplaces
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Slate Flooring
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Off-Street Parking

Outdoor Features

  • Spa
  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Magnolia Community

Listing and Financial Details

  • Assessor Parcel Number 1025039187

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,178

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Architecture: Nw Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Bath Off Master, Dbl Pane/Storm Windw, Dining Room, French Doors, High Tech Cabling, Jetted Tub, Security System, Skylights, Vaulted Ceilings
  • Floor Covering: Hardwood, Slate, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 1
  • Lower Level Bedroom: 2
  • Bathrooms: 2.25
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Lower: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Basement: Daylight, Fully Finished
  • Dining Room: Main
  • Family Room: Lower
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2770
  • Square Footage Finished: 2770

Exterior Features

  • Exterior: Stucco, Wood
  • Foundation: Poured Concrete
  • Roof: Metal
  • View: Bay, Canal, Sound, Territorial
  • Waterfront: Bank-Low, Bay, Saltwater, Sound
  • Waterfront Frontage: 60

Garage/Parking

  • Parking Type: Garage-Attached, Off Street
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Central A/C, Forced Air
  • Sewer: Sewer Connected
  • Water Heater: Basement utility room-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Magnolia

Schools

  • School District: SEA

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 11834
  • Lot Topography Vegetation: Garden Space, Level, Partial Slope
  • Parcel Number: 1025039187
  • Lot Topography: Garden Space, Level, Partial Slope

Tax Info

  • Tax Amount: 16361

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2019
Sold by
Ebel Brandon
Bought by
Basta Mathew Joseph
Current Estimated Value
$3,185,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,758,610
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,360,366

Purchase Details

Listed on
Jul 13, 2017
Closed on
Jul 26, 2017
Sold by
Abrams Benjamin W
Bought by
Ebel Brandon
Seller's Agent
Clinton Kinzel
Windermere R.E. Shoreline
Buyer's Agent
Melissa Klinnert
COMPASS
List Price
$2,500,000
Sold Price
$2,813,000
Premium/Discount to List
$313,000
12.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.29%
Original Mortgage
$2,040,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 18, 2004
Sold by
Rhodes Bryce L and Rockwell William
Bought by
Abrams Benjamin W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage
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
Basta Mathew Joseph $2,813,000 First American Title
Ebel Brandon $2,813,000 Old Republic Title Ltd
Abrams Benjamin W $1,200,000 Commonwealth L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Basta Mathew Joseph $2,000,000
Previous Owner Ebel Brandon $2,040,000
Previous Owner Abrams Benjamin W $885,000
Previous Owner Abrams Benjamin W $940,500
Previous Owner Abrams Benjamin W $395,000
Previous Owner Abrams Benjamin W $1,000,000
Previous Owner Abrams Benjamin W $780,000
Closed Abrams Benjamin W $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2017 08/03/17 Sold $2,813,000 +12.5% $1,016 / Sq Ft
07/21/2017 07/21/17 Pending -- -- --
07/13/2017 07/13/17 For Sale $2,500,000 -- $903 / 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 $26,178 $2,744,000 $2,100,000 $644,000
2023 $30,909 $3,313,000 $2,224,000 $1,089,000
2022 $25,344 $3,604,000 $2,087,000 $1,517,000
2021 $24,193 $2,778,000 $1,748,000 $1,030,000
2020 $25,088 $2,515,000 $1,598,000 $917,000
2018 $18,555 $2,548,000 $1,604,000 $944,000
2017 $16,362 $1,876,000 $1,263,000 $613,000
2016 $16,715 $1,709,000 $1,151,000 $558,000
2015 $14,043 $1,709,000 $1,151,000 $558,000
2014 -- $1,465,000 $984,000 $481,000
2013 -- $1,502,000 $948,000 $554,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1159229

Northwest Multiple Listing Service (NWMLS)

APN: 102503-9187