NOT LISTED FOR SALE

Estimated Value: $2,002,000 - $2,167,147

4 Beds
3 Baths
4,079 Sq Ft
$510/Sq Ft Est. Value

Last Sold June 22, 2015

Last sale price $877,000 $215 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $12,311/month

187 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Lake View
  • Traditional Architecture
  • Sunny Hills Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of June 2015

Escape to the Tranquil Retreat of Rainbow Lake Ranch. Exquisite millwork throughout, large rooms, & entertainment size deck. This Traditional style home is located on a large private waterfront lot. Recent updates include; furnace, hot water tank, hardwood, oven, range, dishwasher & kitchen counters. Enjoy additional features such as: A/C, rear awning, security system, skylights, electric exterior sunshade screens, sprinkler system, library shelving in office & private walking trail.

Last Agent to Sell the Property

James Fisher

Windermere Real Estate/East Listed on: 10/17/2014

Last Buyer's Agent

Laura Polt

Windermere Real Estate/East License #2134

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM707494

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,265

Year Built

  • Built in 1989

Lot Details

  • Low Bank Waterfront Property
  • Open Space
  • Level Lot
  • Sprinkler System
  • Property is zoned R6

Parking

  • Detached Garage

Property Views

  • Lake
  • Territorial

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Shake Roof
  • Wood Siding

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Utilities

  • High Speed Internet
  • Cable TV Available

Additional Features

  • 2 Fireplaces
  • Deck

Community Details

  • Issaquah Community
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 7122000270

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,265

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Architecture: Traditional
  • Homebuilder: Big Timber Homes
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Built-In Vacuum, Ceiling Fan(s), Dining Room, French Doors, Security System, Skylights, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Trash Compactor
  • Bedrooms: 4.00
  • Bathrooms: 2.50
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 2
  • Fireplaces Main: 2
  • Den or Office: Main
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 4079
  • Square Footage Finished: 4079

Exterior Features

  • Exterior: Brick, Wood
  • Foundation: Poured Concrete
  • Roof: Cedar Shake
  • View: Lake, Territorial
  • Waterfront: Bank-Low

Garage/Parking

  • Parking Type: Garage-Detached
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: High Efficiency (Unspecified)
  • Power Company: Puget Sound Energy
  • Sewer: Sewer Connected
  • Sewer Company: Sammamish Water District
  • Water Company: Sammamish Water District
  • Water Heater: Garage-Tank
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 58
  • Community Name: Issaquah
  • Project: Rainbow Lake Ranch
  • Community Features: Ccrs

Schools

  • Elementary School: Sunny Hills Elem
  • Middle School: Pacific Cascade Mid
  • High School: Issaquah High
  • School District: ISS

Lot Info

  • Lot Number: 27
  • Lot Details: Open Space, Paved Street
  • Lot Sq Ft: 20154
  • Lot Topography Vegetation: Level
  • Parcel Number: 7122000270
  • Zoning Code: R6
  • Zoning Jurisdiction: City
  • Lot Topography: Level

Tax Info

  • Tax Amount: 10553

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2014
Closed on
Jun 11, 2015
Sold by
Policar Jack R and Policar Patsy L
Bought by
Bowen Denise M and Bowen Stephen R
Seller's Agent
James Fisher
Windermere Real Estate/East
Buyer's Agent
Laura Polt
Windermere Real Estate/East
List Price
$968,000
Sold Price
$877,000
Premium/Discount to List
-$91,000
-9.4%
Current Estimated Value
$2,080,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,203,037
Avg. Annual Appreciation
8.72%
Original Mortgage
$701,600
Outstanding Balance
$543,796
Interest Rate
3.77%
Estimated Equity
$1,536,241

Purchase Details

Closed on
Jul 26, 1991
Sold by
Big Timber Homes Inc
Bought by
Policar Jack R and Policar Patsy L
Source: Public Records

Range of Values:

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Average Value
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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
Bowen Denise M $877,000 Chicago Title
Policar Jack R $410,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowen Denise M $701,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2015 06/22/15 Sold $877,000 -1.2% $215 / Sq Ft
04/25/2015 04/25/15 Pending -- -- --
04/16/2015 04/16/15 Price Changed $888,000 -3.3% $218 / Sq Ft
12/15/2014 12/15/14 Price Changed $918,000 -3.2% $225 / Sq Ft
11/07/2014 11/07/14 Price Changed $948,000 -2.1% $232 / Sq Ft
10/19/2014 10/19/14 For Sale $968,000 -- $237 / 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 $15,265 $1,705,000 $529,000 $1,176,000
2023 $15,601 $1,499,000 $468,000 $1,031,000
2022 $12,870 $1,914,000 $601,000 $1,313,000
2021 $12,532 $1,265,000 $402,000 $863,000
2020 $12,813 $1,138,000 $363,000 $775,000
2018 $11,468 $1,109,000 $358,000 $751,000
2017 $9,659 $1,021,000 $338,000 $683,000
2016 $9,505 $880,000 $304,000 $576,000
2015 $11,434 $854,000 $295,000 $559,000
2014 -- $896,000 $302,000 $594,000
2013 -- $757,000 $275,000 $482,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM707494

Northwest Multiple Listing Service (NWMLS)

APN: 712200-0270