Listed by Windermere Real Estate Midtown
NOT LISTED FOR SALE

Estimated Value: $1,574,000 - $2,017,000

0.08 Acre
$23,092,788 Price per Acre
3,485 Sq Ft Lot

Last Sold December 27, 2017

Last sale price $1,250,000

Est. 48% increase in value since last sale

Current estimated payment $11,200/month

31 Days on Market

Highlights

  • Level Lot
  • 4-minute walk to Terry & Mercer
  • 2-minute walk to Cascade Playground
  • Garfield High School Rated A

About This Lot

As of December 2017

Family dispute forces sale of a small 3,600 SF lot in the heart of South Lake Union. The rectangular shaped mid-block lot is approx. 119' x 30' and features alley access and is located within the South Lake Union Urban Center. The property is zoned SM-SLU/R 65-95, which permits a wide range of uses and supports a building height of 65 FT to 95 FT depending on the proposed use. Property must be sold at auction on 9/15/17 at 10:00am at 516 3rd Ave, Seattle, WA. Minimum bid price is $1,250,000.

Last Agent to Sell the Property

Lauren Hendricks

Windermere Real Estate Midtown License #83586 Listed on: 08/14/2017

Windermere Real Estate Midtown

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1178567

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,832

Lot Details

  • Level Lot

Community Details

  • South Lake Union Community

Listing and Financial Details

  • Assessor Parcel Number 2467400156

Property Details

Property Type

Land

Est. Annual Taxes

$13,832

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Style: 40 - Res-Less Thn 1 Ac
  • Restrictions: Unknown
  • Special Features: Auction
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: Paved
  • Water Jurisdiction: Seattle Public Utilities

Utilities

  • Electricity: On Property
  • Gas Available: On Property
  • Sewer: On Property
  • Water: On Property

Condo/Co-op/Association

  • Community Name: South Lake Union

Schools

  • Elementary School: Lowell
  • Middle School: Meany Mid
  • High School: Garfield High
  • School District: SEA

Lot Info

  • General Zoning Classification: Commercial, Multi-Family, Office, Residential, Retail
  • Lot Details: Alley, Curbs, Paved Street, Sidewalk
  • Lot Dimensions: 119 x 30
  • Lot Sq Ft: 3600
  • Parcel Number: 2467400156
  • Topography: Level
  • Zoning Jurisdiction: City
  • Zoning Remarks: SM-SLU/R 65/95

Tax Info

  • Tax Amount: 8831

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2017
Closed on
Jan 3, 2018
Sold by
Gehrke Joseph D
Bought by
Shiner Properties Llc
Seller's Agent
Lauren Hendricks
Windermere Real Estate Midtown
List Price
$1,250,000
Sold Price
$1,250,000
Current Estimated Value
$1,847,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$597,423
Avg. Annual Appreciation
4.67%

Purchase Details

Closed on
Apr 5, 2017
Sold by
Olson Bonnie
Bought by
413 Minor Llc

Purchase Details

Closed on
Jul 15, 2009
Sold by
Olson Bonnie
Bought by
Peterson Richard and Olson Bonnie

Purchase Details

Closed on
Apr 5, 2005
Sold by
Peterson Marie
Bought by
Peterson Ray and Peterson Richard

Purchase Details

Closed on
Aug 11, 2003
Sold by
Peterson Raymond L
Bought by
Peterson Raymond L
Source: Public Records

Range of Values:

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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
Shiner Properties Llc $1,250,000 None Available
413 Minor Llc -- None Available
Peterson Richard -- None Available
Peterson Ray -- Clark
Peterson Marie -- Clark
Peterson Raymond L -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2017 12/27/17 Sold $1,250,000 0.0% --
09/15/2017 09/15/17 Pending -- -- --
08/14/2017 08/14/17 For Sale $1,250,000 -- --
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 $13,832 $1,440,000 $1,440,000 --
2023 $10,011 $1,440,000 $1,440,000 $0
2022 $10,814 $1,170,000 $1,170,000 $0
2021 $13,871 $1,170,000 $1,170,000 $0
2020 $12,393 $1,440,000 $1,440,000 $0
2018 $11,222 $1,297,000 $1,296,000 $1,000
2017 $8,831 $1,135,000 $1,134,000 $1,000
2016 $7,821 $919,000 $918,000 $1,000
2015 $8,460 $793,000 $792,000 $1,000
2014 -- $883,000 $882,000 $1,000
2013 -- $649,000 $648,000 $1,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1178567

Northwest Multiple Listing Service (NWMLS)

APN: 246740-0156