NOT LISTED FOR SALE

5208 Sand Point Place NE Seattle, WA 98105

Laurelhurst Neighborhood

Estimated Value: $1,754,000 - $2,254,000

6 Beds
7 Baths
4,570 Sq Ft
$442/Sq Ft Est. Value

Last Sold October 07, 2022

Last sale price $1,950,000 $427 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $13,096/month

65 Days on Market

Highlights

  • 0.29 Acre Lot
  • Deck
  • No HOA
  • Laurelhurst Elementary School Rated A-
  • Territorial View
  • 3-minute walk to Pathways Park

About This Home

As of October 2022

Seattle’s Windermere Circle, an enclave of iconic upscale, mid-century, multi-family properties. Superior construction is evident throughout. Strong tenant pool with Children’s Hospital & the UW; an easy commute to Capitol Hill & the city; amenities such as an impressively landscaped common courtyard and in-home laundry areas make this an attractive investment! 3 of the 4 homes have 2 beds and 2 baths, well-appointed kitchens, fireplaces, decks or patio. The 3rd adds an enchanting den with wood paneling & hewn-wood timbers; gas cooking; and more spacious living areas, and deck. The 4th home, a studio space with kitchen and 1 bath. Recent improvements include newer roof and fireplace maintenance. An impressive addition to any portfolio!

Last Listed By

Jim Gram

Windermere Real Estate Co. License #24780 Listed on: 06/23/2022

Windermere Real Estate Co.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1956913

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,064

Year Built

  • Built in 1967

Lot Details

  • 0.29 Acre Lot
  • Cul-De-Sac
  • Property is in very good condition

Parking

  • 3 Parking Spaces

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,570 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Outdoor Features

  • Deck
  • Patio

Schools

  • Laurelhurst Elementary School
  • Eckstein Mid Middle School
  • Roosevelt High School

Utilities

  • Cable TV Available

Community Details

  • No Home Owners Association
  • Balchs Albert Balchwood Condos
  • Laurelhurst Subdivision

Listing and Financial Details

  • Legal Lot and Block 6 & 7 & N 15 ft of 8 / 3
  • Assessor Parcel Number 0394500141

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,064

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1967
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Balchs Albert Balchwood
  • New Construction: No
  • CalculatedSquareFootage: 4570
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 303

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Cul-De-Sac, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 3
  • Carport Y N: No
  • Open Parking: No
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: Seattle City Light
  • SewerCompany: Seattle Public Utilities
  • WaterCompany: Seattle Public Utilities
  • WaterSewerGarbage: 4001

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle
  • High School: Roosevelt High
  • Middle Or Junior School: Eckstein Mid

Lot Info

  • Parcel Number: 0394500141
  • Lot Size Acres: 0.2899
  • Lot Size Sq Ft: 12628
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Gas Available,Patio
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 6 & 7 & N 15 ft of 8

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 25
  • LeasedItems: None
  • TotalMonthlyIncome: 6740

Multi Family

  • Gross Scheduled Income: 80880
  • Net Operating Income: 51904
  • Number Of Units Total: 4
  • Insurance Expense: 2915
  • Leasable Area: 4570
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 14064

MLS Schools

  • Elementary School: Laurelhurst

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2022
Closed on
Oct 3, 2022
Sold by
Bowman Donald A and Bowman Eileen A
Bought by
Larkins Deandria and Larkins Joel
Seller's Agent
Jim Gram
Windermere Real Estate Co.
Buyer's Agent
Julia Freilinger
Redfin
List Price
$2,038,000
Sold Price
$1,950,000
Premium/Discount to List
-$88,000
-4.32%
Total Days on Market
65
Current Estimated Value
$2,022,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,086
Avg. Annual Appreciation
2.84%
Original Mortgage
$1,365,000
Outstanding Balance
$1,320,864
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$778,733

Purchase Details

Closed on
Apr 19, 1999
Sold by
Johns Stephen O
Bought by
Bowman Donald A and Bowman Eileen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,750
Interest Rate
6.98%

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
Larkins Deandria $1,950,000 Chicago Title
Bowman Donald A $577,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larkins Deandria $1,365,000
Previous Owner Bowman Donald A $370,179
Previous Owner Bowman Donald A $432,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Sold $1,950,000 -4.3% $427 / Sq Ft
08/27/2022 08/27/22 Pending -- -- --
08/19/2022 08/19/22 For Sale $2,038,000 0.0% $446 / Sq Ft
07/22/2022 07/22/22 Pending -- -- --
06/23/2022 06/23/22 For Sale $2,038,000 -- $446 / 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 $21,321 $2,147,700 $2,146,700 $1,000
2023 $22,320 $1,950,000 $1,844,000 $106,000
2022 $15,411 $2,561,000 $1,757,000 $804,000
2021 $14,064 $1,582,000 $926,000 $656,000
2020 $13,971 $1,366,000 $785,000 $581,000
2018 $12,910 $1,366,000 $760,000 $606,000
2017 $11,461 $1,236,000 $688,000 $548,000
2016 $8,996 $1,132,000 $630,000 $502,000
2015 $8,048 $853,000 $512,000 $341,000
2014 -- $780,000 $468,000 $312,000
2013 -- $671,000 $403,000 $268,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1956913

Northwest Multiple Listing Service (NWMLS)

APN: 039450-0141