Listed by Real Property Associates, Bought with COMPASS
NOT LISTED FOR SALE

5040 Sand Point Place NE Seattle, WA 98105

Laurelhurst Neighborhood

Estimated Value: $854,000 - $937,000

3 Beds
2.5 Baths
1,456 Sq Ft
$612/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $1,088,000 $747 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $5,485/month

2 Days on Market

Highlights

  • New Construction
  • Rooftop Deck
  • Territorial View
  • Laurelhurst Elementary School Rated A-
  • Property is near public transit
  • 3-minute walk to Pathways Park

About This Home

As of April 2022

Presenting one of two detached new construction homes nestled on quiet residential Sand Point PL NE in coveted Laurelhurst community. Seamless access to UW, U Village, SCH, Magnuson Park, Burke-Gilman Trail, local's favorite boutiques, eateries, bars & more! Boasting a functional & modern design w/premium fixtures & finishes to bring you serene luxury. Gourmet kitchen w/custom cabinetry & SS appliances complement the spacious & bright living space. Light fills the home from walls of glass. En-suite primary bedroom encompasses the top floor w/deluxe bath & walk-in closet. 2 add'l bedrooms on the lower level. Generous roof deck w/gorgeous territorial views is equipped w/gas, water & electricity. Designated off street parking space included.

Last Agent to Sell the Property

Ingrid Aleong

Real Property Associates License #74794 Listed on: 01/13/2022

Co-Listed By

Grecia Thomas

Real Property Associates License #122373

Last Buyer's Agent

Riley Kuranishi

COMPASS License #24028435

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1877298

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,969

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 1,541 Sq Ft Lot
  • Property is in very good condition

Parking

  • Off-Street Parking

Home Design

  • Modern Architecture
  • Poured Concrete
  • Wood Siding
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 1,456 Sq Ft Home
  • Multi-Level Property
  • Territorial Views

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Home Security

Outdoor Features

  • Rooftop Deck

Location

  • Property is near public transit
  • Property is near a bus stop

Utilities

  • Mini Split Air Conditioners
  • Tankless Water Heater
  • High Tech Cabling

Listing and Financial Details

  • Tax Lot Z
  • Assessor Parcel Number 039450LOTZ

Community Details

Overview

  • No Home Owners Association
  • Built by MRN Homes
  • Laurelhurst Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Security

  • Storm Windows

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,969

Year Built

Built in 2022 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 32 - Townhouse
  • Year Built: 2022
  • Inclusions: Dishwasher,GarbageDisposal,Microwave,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Modern
  • Unit Levels: Multi/Split
  • New Construction: Yes
  • CalculatedSquareFootage: 1456
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • EstimatedCompletionDate: 2022-04-29
  • NewConstruction: Presale
  • Special Features: NewHome
  • Cumulative Days on Market: 1,225

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Stove/Range
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Lower
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Carpet
  • Interior Amenities: Ductless HP-Mini Split, Tankless Water Heater, Ceramic Tile, Wall to Wall Carpet, Laminate, Bath Off Primary, Double Pane/Storm Window, High Tech Cabling, Walk-In Closet(s), Water Heater
  • Living Area: 1456
  • Bathrooms: 2.25
  • BathsFullMain: 0
  • SquareFootageFinished: 1456
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 2
  • BedroomsUpper: 1
  • AppliancesIncluded: Dishwasher,Garbage Disposal,Microwave,Refrigerator,Stove/Range

Exterior Features

  • Roof: See Remarks
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Builder Name: MRN Homes
  • Exterior Features: Cement Planked, Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Townhouse
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Off Street

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electricity Available, Natural Gas Connected
  • HeatingCoolingType: Ductless HP-Mini Split,Tankless Water Heater,Wall
  • PowerCompany: Seattle City Light
  • SewerCompany: Seattle Public Utilities
  • WaterCompany: Seattle Public Utilities
  • WaterHeaterType: Tankless

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 039450LOTZ
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.0354
  • Lot Size Sq Ft: 1541
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Rooftop Deck
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Builder Plans
  • LotNumber: Z

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1

Multi Family

  • EnergySource: Electric,Natural Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2022
Closed on
Apr 18, 2022
Sold by
Mrn Homes Llc
Bought by
Han Jiayan
Seller's Agent
Ingrid Aleong
Real Property Associates
Buyer's Agent
Riley Kuranishi
COMPASS
List Price
$1,088,000
Sold Price
$1,088,000
Current Estimated Value
$891,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$196,364
Avg. Annual Appreciation
-7.40%
Original Mortgage
$606,000
Outstanding Balance
$573,002
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$267,932

Purchase Details

Closed on
Jun 19, 2018
Sold by
Svenson Deborah L and Webb Christopher C
Bought by
Mrn Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,190,000
Interest Rate
4.6%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 27, 2006
Sold by
Headler Muriel S
Bought by
Svenson Deborah L and Webb Christopher C
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
Han Jiayan $930,000 Chicago Title
Mrn Homes Llc $1,700,000 Chicago Title
Svenson Deborah L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Han Jiayan $606,000
Previous Owner Mrn Homes Llc $3,233,020
Previous Owner Mrn Homes Llc $1,190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $1,088,000 0.0% $747 / Sq Ft
01/15/2022 01/15/22 Pending -- -- --
01/13/2022 01/13/22 For Sale $1,088,000 -- $747 / 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 $7,969 $839,000 $322,000 $517,000
2023 $6,993 $745,000 $299,000 $446,000
2022 $5,917 $829,000 $285,000 $544,000
2021 $4,628 $645,000 $297,000 $348,000
2020 $7,488 $949,000 $627,000 $322,000
2018 $9,490 $1,025,000 $651,000 $374,000
2017 $8,417 $928,000 $590,000 $338,000
2016 $6,414 $850,000 $540,000 $310,000
2015 $5,743 $623,000 $350,000 $273,000
2014 -- $570,000 $320,000 $250,000
2013 -- $491,000 $276,000 $215,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1877298

Northwest Multiple Listing Service (NWMLS)

APN: 039450-0065