NOT LISTED FOR SALE

Estimated Value: $3,618,000 - $4,185,000

5 Beds
3 Baths
6,151 Sq Ft
$644/Sq Ft Est. Value

Last Sold February 17, 2021

Last sale price $6,300,000 $1,024 Per Sq Ft

Est. 37% decrease in value since last sale

Current estimated payment $23,595/month

Highlights

  • Low Bank Waterfront Property
  • Views of a Sound
  • Secluded Lot
  • Lawton Elementary School Rated A-
  • Deck
  • Wooded Lot

About This Home

As of February 2021

Incomparable Waterfront Estate. Quietude and wonder. Inspiration and awe. A once-in-a-lifetime opportunity to experience Pacific Northwest coastal island living – 4 separate buildings on 5 contiguous lots - mere minutes from one of the most rapidly appreciating cities on the planet. Live in the daily luxury of nature, with expansive views of outer islands and the Olympics. Kayak, paddle board and take long tidal beach walks with unparalleled privacy. A signature investment; endless possibility.

Last Agent to Sell the Property

Patrick Chinn

Windermere Real Estate Midtown License #5001 Listed on: 06/08/2020

Windermere Real Estate Midtown

Co-Listed By

Michael Doyle

Windermere Real Estate Midtown License #18793

Last Buyer's Agent

Kim Newton

Century 21 North Homes Realty License #120587

Century 21 North Homes Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1603116

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,050

Year Built

  • Built in 1942

Lot Details

  • Low Bank Waterfront Property
  • Cul-De-Sac
  • Street terminates at a dead end
  • Partially Fenced Property
  • Brush Vegetation
  • Secluded Lot
  • Terraced Lot
  • Sprinkler System
  • Wooded Lot
  • Garden

Parking

  • Detached Garage

Property Views

  • Views of a Sound
  • Bay
  • Mountain

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3 Bathrooms
  • 2 Fireplaces
  • Finished Basement
  • Natural lighting in basement

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Slate Flooring
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Bulkhead
  • Deck

Utilities

  • Propane
  • High Speed Internet
  • Cable TV Available

Community Details

  • Magnolia Community

Listing and Financial Details

  • Assessor Parcel Number 5035301029

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,050

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 15 - Multi Level
  • Building Information: Built On Lot
  • Year Built: 1942
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Kitchen, 2nd Master Br, Wired For Generator, Bath Off Master, Built-In Vacuum, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, French Doors, Security System, Skylights, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Slate, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Trash Compactor, Washer
  • Bedrooms: 5.00
  • Main Floor Bedrooms: 2
  • Lower Level Bedroom: 1
  • Bathrooms: 4.75
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 3
  • Total Half Bathrooms: 1
  • Three Quarter Bathrooms Main: 2
  • Three Quarter Bathrooms Lower: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Basement: Daylight, Fully Finished
  • Estimated Sq Ft: 6151
  • Square Footage Finished: 6151
  • Square Footage Unfinished: 576

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Bay, Mountain, Sound
  • Waterfront: Bank-Low, Bulkhead, No Bank

Garage/Parking

  • Parking Type: Garage-Detached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Wall
  • Sewer: Sewer Connected
  • Water Heater: electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Magnolia

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: SEA

Lot Info

  • Lot Details: Cul-De-Sac, Dead End Street, Paved Street, Secluded
  • Lot Sq Ft: 58724
  • Lot Topography Vegetation: Brush, Garden Space, Partial Slope, Terraces, Wooded
  • Parcel Number: 5035301029
  • Lot Topography: Brush, Garden Space, Partial Slope, Terraces, Wooded

Tax Info

  • Tax Amount: 23914

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2020
Closed on
Feb 11, 2021
Sold by
Bloome Cory Mark and Bishop Meghan
Bought by
Edwards Luke A and Edwards Starr Y
Seller's Agent
Patrick Chinn
Windermere Real Estate Midtown
Buyer's Agent
Kim Newton
Century 21 North Homes Realty
List Price
$10,888,000
Sold Price
$6,300,000
Premium/Discount to List
-$4,588,000
-42.14%
Current Estimated Value
$3,962,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,337,743
Avg. Annual Appreciation
-10.01%

Purchase Details

Closed on
Jan 13, 2011
Sold by
Bloome Mark
Bought by
Bloome Mark

Purchase Details

Closed on
Aug 18, 2007
Sold by
Gantz Bloome Sharon and Bloome Mark
Bought by
Gantz Bloome Sharon and Bloome Mark

Purchase Details

Closed on
Sep 22, 1989
Sold by
Bloome Jr Mark Charles
Bought by
Bloome Mark C and Bloome Sharon G
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
Edwards Luke A $6,300,000 Chicago Title
Bloome Mark -- None Available
Gantz Bloome Sharon -- None Available
Bloome Mark C -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2021 02/17/21 Sold $6,300,000 -42.1% $1,024 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
06/08/2020 06/08/20 For Sale $10,888,000 -- $1,770 / 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 $31,050 $3,306,000 $2,325,000 $981,000
2023 $17,090 $1,710,000 $927,000 $783,000
2022 $14,921 $1,860,000 $870,000 $990,000
2021 $14,206 $1,528,000 $729,000 $799,000
2020 $14,637 $1,383,000 $667,000 $716,000
2018 $13,111 $1,401,000 $670,000 $731,000
2017 $11,579 $1,260,000 $465,000 $795,000
2016 $10,700 $1,148,000 $424,000 $724,000
2015 $9,023 $1,036,000 $386,000 $650,000
2014 -- $888,000 $330,000 $558,000
2013 -- $876,000 $318,000 $558,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1603116

Northwest Multiple Listing Service (NWMLS)

APN: 503530-1029