Listed by Pure Real Estate, Bought with Windermere Real Estate Central
NOT LISTED FOR SALE

5002 NE 197th St Lake Forest Park, WA 98155

Horizon View Neighborhood

Estimated Value: $948,000 - $1,248,000

4 Beds
3 Baths
2,052 Sq Ft
$528/Sq Ft Est. Value

Last Sold October 31, 2014

Last sale price $401,500 $196 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $6,648/month

30 Days on Market

About This Home

As of October 2014

Wonderful privacy in this Lake Forest Park 2 story HUD Home! A long, private drive leads you to this secluded lot in the heart of everything! Expansive living area, formal dining, open concept kitchen and family room. Huge master with a private bath and walk in closet. Tank less hot water system, large garage with 2 story ceilings and less than five minutes to Bothell Way, shopping and the Burke Gillman Trail! Sold by electronic bid only. Case #561-959647. Don't miss out!

Last Agent to Sell the Property

Kirk Patterson

Pure Real Estate License #26450 Listed on: 08/15/2014

Pure Real Estate

Co-Listed By

April Brown

Clear Realty Group, Inc

Last Buyer's Agent

Kristine Emerson

Windermere Real Estate Central License #101531

Windermere Real Estate Central

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM679896

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$9,208

Year Built

1989

Lot Details

0

Listing Details

  • Condition: Good
  • Sq Ft Finished: 2052
  • Form 17: Exempt
  • Special Features: 20
  • Year Built: 1989

Interior Features

  • Appliances: Dishwasher, Range/Oven
  • Fireplaces: 1
  • Features: Bath Off Master, Ceiling Fan(s), Dining Room, Skylights, Walk-in Closet
  • Fireplaces: 1
  • Floor: Hardwood, Vinyl, Wall to Wall Carpet
  • Water Heater Location: Utility room-Tankless

Exterior Features

  • Roof: Cedar Shake
  • Exterior: Wood Products
  • Foundation: Poured Concrete
  • Lot Details: Dead End Street, Paved Street, Secluded
  • Roof: Cedar Shake
  • Site Features: Cable TV, Deck
  • Lot Topography: Brush, Partial Slope

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Spaces: 2

Utilities

  • Cooling: Wall
  • Heating: Wall, Tankless Water Heater
  • Appliances: Dishwasher, Range/Oven
  • Heating and Cooling: Wall, Tankless Water Heater
  • Power Company: PSE
  • Sewer: Connected
  • Sewer Company: Northshore Utilities
  • Water Company: Northshore Utilities
  • Water Source: Public

Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2014
Closed on
Oct 30, 2014
Sold by
Secretary Of Housing & Urban Development
Bought by
Villegas Julie Schrader
Seller's Agent
Kirk Patterson
Pure Real Estate
Buyer's Agent
Kristine Emerson
Windermere Real Estate Central
List Price
$401,500
Sold Price
$401,500
Current Estimated Value
$1,074,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$672,628
Avg. Annual Appreciation
9.53%
Original Mortgage
$321,200
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 15, 2014
Closed on
Oct 27, 2014
Sold by
Darling Douglas
Bought by
Vilegas Julie E Schrander
Seller's Agent
Kirk Patterson
Pure Real Estate
Buyer's Agent
Kristine Emerson
Windermere Real Estate Central
List Price
$401,500
Sold Price
$401,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,200
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2014
Sold by
Nationstar Mortgage Llc
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jun 4, 2014
Sold by
Mcdonald Timothy M
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Apr 22, 2010
Sold by
Mcdonald Andrea
Bought by
Mcdonald Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,896
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 29, 2000
Sold by
Macdonald John R and Macdonald Sue D
Bought by
Mcdonald Timothy M and Mcdonald Andrea M T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,049
Interest Rate
7.86%
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
Villegas Julie Schrader -- Chicago Title
Vilegas Julie E Schrander -- Chicago Title
Secretary Of Housing & Urban Development -- First American
Nationstar Mortgage Llc $356,000 1St Am
Mcdonald Timothy -- Old Republic T
Mcdonald Timothy M $246,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schrader Villegas Julie S $250,000
Closed Villegas Julie Schrader $50,000
Open Villegas Julie Schrader $454,200
Closed Villegas Julie E Schrader $412,000
Closed Villegas Julie $50,000
Closed Villegas Julie $20,000
Closed Villegas Julie Schrader $321,200
Closed Vilegas Julie E Schrander $321,200
Previous Owner Mcdonald Timothy $387,896
Previous Owner Mcdonald Timothy M $366,000
Previous Owner Mcdonald Timothy M $226,049
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2014 10/31/14 Sold $401,500 0.0% $196 / Sq Ft
09/15/2014 09/15/14 Pending -- -- --
08/15/2014 08/15/14 For Sale $401,500 -- $196 / 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 $9,208 $916,000 $347,000 $569,000
2023 $8,606 $793,000 $316,000 $477,000
2022 $7,776 $911,000 $352,000 $559,000
2021 $7,254 $700,000 $271,000 $429,000
2020 $7,142 $589,000 $229,000 $360,000
2018 $6,080 $550,000 $211,000 $339,000
2017 $5,289 $505,000 $194,000 $311,000
2016 $5,299 $453,000 $174,000 $279,000
2015 $5,246 $433,000 $154,000 $279,000
2014 -- $406,000 $144,000 $262,000
2013 -- $337,000 $120,000 $217,000
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2014

    Kirk Patterson

    Pure Real Estate

    (206) 423-6747

    30 Total Sales

    Section Image

  • A

    Seller Co-Listing Agent in 2014

    April Brown

    Clear Realty Group, Inc

  • Kristine Emerson

    Buyer's Agent in 2014

    Kristine Emerson

    Windermere Corporate

    (206) 227-6659

    2 in this area

    89 Total Sales

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM679896

Northwest Multiple Listing Service (NWMLS)

APN: 392880-0053

Washington King County Lake Forest Park 98155 Horizon View

5002 NE 197th St, Lake Forest Park, WA

This home is located at 5002 NE 197th St, Lake Forest Park, WA 98155 since 15 August 2014 and is currently estimated at $1,083,520, approximately $528 per square foot. This property was built in 1989. 5002 NE 197th St is a home located in King County with nearby schools including Lake Forest Park Elementary School, Kellogg Middle School, and Shorecrest High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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