NOT LISTED FOR SALE

Estimated Value: $2,788,000 - $3,180,000

4 Beds
1 Bath
3,000 Sq Ft
$993/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $2,805,000 $935 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $17,642/month

23 Days on Market

Highlights

  • Boathouse
  • Low Bank Waterfront Property
  • Docks
  • Lawton Elementary School Rated A
  • Ocean View
  • Greenhouse

About This Home

As of August 2021

Rare & quintessential PNW waterfront living providing a vacation & primary residence in one. Salmon Bay Retreat offers 50' of private waterfront, dock, sandy beach, lawn, views, & mooring buoy right at home. Exquisite beauty of the NW & quick access to Downtown, the Retreat grants adventure, relaxation, & dynamic living. Floor-to-ceiling windows in the living room to showcase expansive views. French doors open to a large deck perfect for entertaining, watching wildlife & soaking it all in. Great access to the outdoors with the lower living room patio & lawn that extends to the waterfront. Enjoy an evening paddle surrounded by local Salmon Bay seals, weekends crabbing, fishing, kayaking, boating, or just relaxing—all from your own backyard.

Last Agent to Sell the Property

Steve Snider

Real Residential License #93853 Listed on: 06/09/2021

Last Buyer's Agent

Luan Nguyen-Tran

COMPASS License #125215

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1779942

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • Low Bank Waterfront Property
  • Property Fronts a Bay or Harbor
  • Property fronts a saltwater canal
  • Street terminates at a dead end
  • Partially Fenced Property
  • Secluded Lot
  • Level Lot
  • Sprinkler System
  • Garden

Property Views

  • Ocean
  • Views of a Sound
  • Bay
  • Canal
  • Mountain

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 2 Fireplaces
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • Detached Carport Space
  • Off-Street Parking

Outdoor Features

  • Boathouse
  • Docks
  • Deck
  • Patio
  • Greenhouse

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Magnolia Community

Listing and Financial Details

  • Assessor Parcel Number 1025039125

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0.3 Acres

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Dbl Pane/Storm Windw, Dining Room, French Doors, Skylights, Vaulted Ceilings
  • Floor Covering: Ceramic Tile, Wall To Wall Carpet, R
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 2
  • Lower Level Bedroom: 2
  • Bathrooms: 1.75
  • Bathrooms Main: Lower
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Lower: 1
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Basement: Daylight, Fully Finished
  • Den or Office: Lower
  • Dining Room: Main
  • Family Room: Lower
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3000
  • Square Footage Finished: 3000

Exterior Features

  • Construction Methods: Standard Frame
  • Exterior: Brick, Wood
  • Foundation: Poured Concrete
  • Roof: Composition, Flat
  • View: Bay, Canal, Mountain, Ocean, Sound
  • Waterfront: Bank-Low, Bay, No Bank, Saltwater, Sound
  • Waterfront Frontage: 50

Garage/Parking

  • Parking Type: Carport-Detached, Off Street, K
  • Total Covered Parking: 1

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: Seattle City Light
  • Sewer: Sewer Connected
  • Sewer Company: Seattle Public Utilities
  • Water Company: Seattle Public Utilities
  • Water Heater: Basement Laundry Room-Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Magnolia
  • Project: Salmon Bay Retreat

Schools

  • School District: SEA

Lot Info

  • Lot Details: Curbs, Dead End Street, Paved Street, Secluded, Sidewalk
  • Lot Sq Ft: 12895
  • Lot Topography Vegetation: Garden Space, Level, Partial Slope
  • Parcel Number: 1025039125
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space, Level, Partial Slope

Tax Info

  • Tax Amount: 18529

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2021
Closed on
Aug 25, 2021
Sold by
Johnston Barrett E and Johnston Casey S
Bought by
Lynch Kelly Shannon and Franz Matthew
Seller's Agent
Steve Snider
Real Residential
Buyer's Agent
Luan Nguyen-Tran
COMPASS
List Price
$2,790,000
Sold Price
$2,805,000
Premium/Discount to List
$15,000
0.54%
Current Estimated Value
$2,977,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,657
Avg. Annual Appreciation
1.32%
Original Mortgage
$1,905,000
Outstanding Balance
$1,456,733
Interest Rate
2.2%
Mortgage Type
New Conventional
Estimated Equity
$1,520,924

Purchase Details

Listed on
Nov 9, 2017
Closed on
Dec 22, 2017
Sold by
Safadago Glenn F and Safadago Nacjabess Heather L
Bought by
Johnston Barrett E and Johnston Casey S
Seller's Agent
Betsy Terry
Ewing & Clark, Inc.
Buyer's Agent
Steve Snider
Real Residential
List Price
$2,295,000
Sold Price
$2,165,000
Premium/Discount to List
-$130,000
-5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.31%
Original Mortgage
$1,732,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 14, 2014
Sold by
Safadago Glenn and Safadago Mackaness Heather L
Bought by
Safadago Glenn and Safadago Mackaness Heather L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$861,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2001
Sold by
Amick Diane
Bought by
Safadago Glenn and Safadago Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.91%

Purchase Details

Closed on
Jul 11, 2001
Sold by
Amick Margaret
Bought by
Amick Diane

Purchase Details

Closed on
Jan 27, 2000
Sold by
Amick Bert
Bought by
Amick Diane

Purchase Details

Closed on
Mar 19, 1992
Sold by
Amick Bert
Bought by
Amick Bert
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lynch Kelly Shannon $2,805,000 Wfg Natl Ttl Co Of Wa Llc
Johnston Barrett E $2,185,000 Chicago Title
Safadago Glenn -- Lsi Title
Safadago Glenn $1,050,000 Chicago Title
Amick Diane $80,000 --
Amick Diane -- --
Amick Bert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynch Kelly Shannon $1,905,000
Previous Owner Johnston Barrett E $1,732,000
Previous Owner Safadago Glenn $861,000
Previous Owner Safadago Glenn $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/27/2021 08/27/21 Sold $2,805,000 +0.5% $935 / Sq Ft
07/02/2021 07/02/21 Pending -- -- --
06/16/2021 06/16/21 For Sale $2,790,000 0.0% $930 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $2,790,000 +28.9% $930 / Sq Ft
12/28/2017 12/28/17 Sold $2,165,000 -5.7% $722 / Sq Ft View Prior Sale
11/20/2017 11/20/17 Pending -- -- --
11/09/2017 11/09/17 For Sale $2,295,000 -- $765 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $23,751 $2,431,000 $2,220,000 $211,000
2023 $22,264 $2,367,000 $2,165,000 $202,000
2022 $18,809 $2,575,000 $2,031,000 $544,000
2021 $17,928 $1,985,000 $1,701,000 $284,000
2020 $18,529 $1,797,000 $1,555,000 $242,000
2018 $14,806 $1,821,000 $1,561,000 $260,000
2017 $13,071 $1,447,000 $1,275,000 $172,000
2016 $13,307 $1,318,000 $1,162,000 $156,000
2015 $11,204 $1,318,000 $1,162,000 $156,000
2014 -- $1,130,000 $994,000 $136,000
2013 -- $1,159,000 $958,000 $201,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1779942

Northwest Multiple Listing Service (NWMLS)

APN: 102503-9125

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