NOT LISTED FOR SALE

515 Lake St S Unit 305 Kirkland, WA 98033

Estimated Value: $1,682,000 - $2,539,000

3 Beds
2 Baths
1,850 Sq Ft
1.89 Acres

Last Sold December 15, 2020

Last sale price $1,550,000 $838 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $12,005/month

Highlights

  • Low Bank Waterfront Property
  • Lake View
  • Ceramic Tile Flooring
  • Lakeview Elementary School Rated A
  • Modern Architecture
  • 1-minute walk to David E Brink Park

About This Home

As of December 2020

Mesmerizing Harbor views! Reflections of tranquility into the night. This 3 bdrm condo is a rare find! Sweeping panorama from the Olympics & the evening sunsets to the boats in the marina. Enjoy the town by foot - vibrant downtown area w/multitude of ‘restaurants, boutiques & wine tasting rms. Explore a variety of outdoor activities w/surrounding public beachparks. Boating, paddleboard from your building. Enclosed lanais open to the magnificence of being on the water. Reward yourself!

Last Agent to Sell the Property

Doris Ong

Realogics Sotheby's Int'l Rlty License #46979 Listed on: 11/06/2020

Realogics Sotheby's Int'l Rlty

Last Buyer's Agent

Jimmy Katsafanas

Kelly Right RE of Seattle LLC License #3297

Kelly Right RE of Seattle LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1685701

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,967

Year Built

  • Built in 1965

Lot Details

  • Low Bank Waterfront Property

Parking

  • Uncovered Parking

Property Views

  • Lake
  • City
  • Mountain
  • Territorial

Home Design

  • Modern Architecture
  • Flat Roof Shape
  • Vinyl Construction Material

Interior Spaces

  • 3-Story Property
  • Blinds

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 3110600240

Community Details

Overview

  • 28 Units
  • Downtown Community

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,967

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Architecture: Modern
  • Entrance Level: Main
  • Unit Floor Number: 3
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, Wall To Wall Carpet
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 2.00
  • Bathrooms Main: Main
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Master Bedroom: Main
  • Den or Office: Main
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1850
  • Window Coverings: Blinds

Exterior Features

  • Exterior: Metal/Vinyl
  • Roof: Flat
  • View: City, Lake, Mountain, Territorial
  • Waterfront: Bank-Low, Lake, No Bank

Garage/Parking

  • Numberof Assigned Spaces: 2
  • Parking Type: Uncovered
  • Parking Space Number: 14 & 18

Utilities

  • Heating And Cooling: Baseboard, Radiant
  • Water Heater: utility room

Condo/Co-op/Association

  • Numberof Units in Building: 28
  • Numberof Units In Complex: 28
  • HOA Fees: 1119
  • Community Name: Downtown
  • Project: Harbor Lights
  • Cats And Dogs: Cats Only, Dogs Only
  • Manager Contact Information: Denise Salerno (425) 458-1740
  • Common Property Features: Cable Tv, Dock, Elevator, High Speed Int Avail, Laundry Room, Lobby Entrance, Moorage, Pool-Outdoor
  • Home Owner Dues Included: Earthquake Ins., Garbage, Water/Sewer, Snow Removal, Common Area Maintenance
  • Unit Features: Balcony/Deck/Patio, Insulated Windows, Master Bath, Penthouse, Skylights, Top Floor

Schools

  • School District: LKW

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 82200
  • Parcel Number: 3110600240

Tax Info

  • Tax Amount: 12572

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2020
Closed on
Dec 12, 2020
Sold by
Rutherford Robert and Rutherford Liska B
Bought by
Hawley Philip K
Seller's Agent
Doris Ong
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Jimmy Katsafanas
Kelly Right RE of Seattle LLC
List Price
$1,550,000
Sold Price
$1,550,000
Current Estimated Value
$2,045,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$495,248
Avg. Annual Appreciation
5.86%
Original Mortgage
$1,085,000
Outstanding Balance
$967,696
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,077,552

Purchase Details

Listed on
May 26, 2017
Closed on
Jun 20, 2017
Sold by
Mcguinness Tammy Degrande and Mcguinness Thomas Gerard
Bought by
Rutherford Robert and Rutherford Liska
Seller's Agent
Margo Allan
COMPASS
Buyer's Agent
Doris Ong
Realogics Sotheby's Int'l Rlty
List Price
$1,358,000
Sold Price
$1,378,000
Premium/Discount to List
$20,000
1.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.46%
Original Mortgage
$826,800
Interest Rate
4.02%

Purchase Details

Listed on
Apr 7, 2016
Closed on
Sep 23, 2016
Sold by
K Holman Investments Llc
Bought by
Mcguinness Tammy Degrande and Mcguinness Thomas Gerard
Seller's Agent
Steve Merwick
Western Real Estate
Buyer's Agent
Margo Allan
COMPASS
List Price
$1,387,500
Sold Price
$1,264,250
Premium/Discount to List
-$123,250
-8.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.17%
Original Mortgage
$764,250
Interest Rate
3.43%

Purchase Details

Closed on
Oct 30, 2012
Sold by
Evans John P
Bought by
K Holman Investments Llc

Purchase Details

Closed on
Aug 10, 1987
Sold by
Ordoubadi Nasser
Bought by
Evans John Palmer
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
Hawley Philip K $1,550,000 Wfg Natl Ttl Co Of Wa Llc
Rutherford Robert $1,378,000 Fidelity Natio
Mcguinness Tammy Degrande $1,264,250 First American
K Holman Investments Llc -- None Available
Evans John Palmer $127,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hawley Philip K $1,085,000
Previous Owner Rutherford Robert $826,800
Previous Owner Mcguinness Tammy Degrande $764,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2020 12/15/20 Sold $1,550,000 0.0% $838 / Sq Ft
11/08/2020 11/08/20 Pending -- -- --
11/06/2020 11/06/20 For Sale $1,550,000 +12.5% $838 / Sq Ft
06/30/2017 06/30/17 Sold $1,378,000 +1.5% $745 / Sq Ft View Prior Sale
05/28/2017 05/28/17 Pending -- -- --
05/26/2017 05/26/17 For Sale $1,358,000 +7.4% $734 / Sq Ft
09/30/2016 09/30/16 Sold $1,264,250 -8.9% $683 / Sq Ft View Prior Sale
08/03/2016 08/03/16 Pending -- -- --
04/07/2016 04/07/16 For Sale $1,387,500 -- $750 / 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 $14,967 $1,878,000 $197,500 $1,680,500
2023 $10,287 $1,915,000 $197,500 $1,717,500
2022 $10,771 $1,384,000 $239,400 $1,144,600
2021 $12,016 $1,231,000 $215,500 $1,015,500
2020 $12,085 $1,264,000 $215,500 $1,048,500
2018 $10,692 $1,428,000 $201,100 $1,226,900
2017 $7,072 $1,075,000 $177,000 $898,000
2016 $6,458 $742,000 $142,100 $599,900
2015 $7,080 $669,000 $140,400 $528,600
2014 -- $707,000 $140,400 $566,600
2013 -- $604,000 $140,400 $463,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1685701

Northwest Multiple Listing Service (NWMLS)

APN: 311060-0240