NOT LISTED FOR SALE

5505 Lk Wash Blvd NE Unit 1A Kirkland, WA 98033

Lakeview Kirkland Neighborhood

Estimated Value: $3,915,000 - $6,655,330

3 Beds
4 Baths
5,654 Sq Ft
3.09 Acres

Last Sold September 23, 2014

Last sale price $3,150,000 $557 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $34,475/month

665 Days on Market

Highlights

  • Lake View
  • Contemporary Architecture
  • 2 Fireplaces
  • Lakeview Elementary School Rated A
  • Wood Flooring
  • 5-minute walk to Doris Cooper Houghton Beach Park

About This Home

As of September 2014

Nestled on the shores of Lake Washington, this home looks out to the Olympic Mountains and breathtaking sunsets. All on one level. this 5654 square foot home, designed by prominent architect Jim Olson, includes a banquet sized dining room, music room, gourmet kitchen, 4 car garage, gym and home theatre. It is surrounded by 4300 sq feet of R. David Adams designed gardens and water features. 4 car garage parking and 2 wine coolers plus preferred moorage availability and a 2 block walk to downtown.

Last Agent to Sell the Property

Chris Doucet

COMPASS License #17147 Listed on: 11/12/2012

COMPASS

Co-Listed By

Kathie Price

Realogics Sotheby's Int'l Rlty

Last Buyer's Agent

Lauren Hill

Met In Madison Realty Group License #25837

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM423145

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $51,878

Year Built

  • Built in 1991

Lot Details

  • 3.09

Parking

  • Common or Shared Parking

Property Views

  • Lake
  • City
  • Mountain

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 4-Story Property
  • 2 Fireplaces

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Listing and Financial Details

  • Assessor Parcel Number 6389900010

Community Details

Overview

  • 12 Units

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$51,878

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: Condo (1 Level)
  • Architecture: Contemporary
  • Entrance Level: Main
  • Unit Floor Number: 1
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Hardwood, Wall To Wall Carpet
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Gas, Dryer-Electric, Ice Maker, Washer
  • Appliances That Stay: Dishwasher, Double Oven, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Trash Compactor
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 3.00
  • Bathrooms Main: Main
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Main Half Bathrooms: 2
  • Master Bedroom: Main
  • Fireplace Type: Gas
  • Fireplaces: 2
  • Den or Office: Main
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Storage: Garage
  • Estimated Sq Ft: 5654
  • Window Coverings: Shades, blinds

Exterior Features

  • Exterior: Stucco
  • Roof: Flat
  • View: City, Lake, Mountain
  • Waterfront: Lake, No Bank

Garage/Parking

  • Numberof Assigned Spaces: 4
  • Parking Type: Common Garage
  • Parking Space Number: 1A, 1B-2 ea

Utilities

  • Heating And Cooling: Central A/C, Forced Air, Radiant
  • Water Heater: Mechanical room-Gas

Condo/Co-op/Association

  • Numberof Units in Building: 12
  • Numberof Units In Complex: 12
  • HOA Fees: 4312
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: CWD
  • Association Contact: Shayna O'Toole (206) 706-8000
  • Common Property Features: Cable Tv, Elevator, Fire Sprinklers, Lobby Entrance, Security Gate
  • Unit Features: Alarm System, Balcony/Deck/Patio, End Unit, French Doors, Ground Floor, Insulated Windows, Jetted/Soaking Tub, Master Bath, Vaulted Ceilings, Walk-In Closet

Schools

  • Elementary School: Lakeview Elem
  • Middle School: Kirkland Jnr High
  • High School: Lake Wash High
  • School District: LKW

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Parcel Number: 6389900010

Tax Info

  • Tax Amount: 45724

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2012
Closed on
Sep 18, 2014
Sold by
Wright Arlene A
Bought by
Russo Raymond and Russo Linda
Seller's Agent
Chris Doucet
COMPASS
Buyer's Agent
Lauren Hill
Met In Madison Realty Group
List Price
$3,950,000
Sold Price
$3,150,000
Premium/Discount to List
-$800,000
-20.25%
Total Days on Market
665
Current Estimated Value
$5,681,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,531,443
Avg. Annual Appreciation
6.48%
Source: Public Records

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    Section Image

Range of Values:

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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
Russo Raymond $3,150,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russo Raymond $6,275,000
Closed Russo Baldassare Raymond $5,260,000
Closed Russo Baldassare Raymond $2,860,000
Closed Russo B Raymond $2,400,000
Closed Russo Baldassare R $2,400,000
Closed Russo Raymond $2,397,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2014 09/23/14 Sold $3,150,000 -10.0% $557 / Sq Ft
09/09/2014 09/09/14 Pending -- -- --
07/25/2014 07/25/14 Price Changed $3,500,000 -11.4% $619 / Sq Ft
11/12/2012 11/12/12 For Sale $3,950,000 -- $699 / 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 $51,878 $6,483,000 $1,291,900 $5,191,100
2023 $45,564 $7,197,000 $1,291,900 $5,905,100
2022 $42,279 $6,112,000 $1,065,600 $5,046,400
2021 $53,031 $4,814,000 $901,600 $3,912,400
2020 $51,138 $5,565,000 $901,600 $4,663,400
2018 $47,703 $5,670,000 $868,800 $4,801,200
2017 $40,909 $4,780,000 $756,400 $4,023,600
2016 $33,313 $4,280,000 $732,000 $3,548,000
2015 $41,523 $3,437,000 $914,900 $2,522,100
2014 -- $4,136,000 $914,900 $3,221,100
2013 -- $4,094,000 $915,000 $3,179,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM423145

Northwest Multiple Listing Service (NWMLS)

APN: 638990-0010