NOT LISTED FOR SALE

Estimated Value: $1,716,000 - $1,948,000

3 Beds
1 Bath
2,000 Sq Ft
$910/Sq Ft Est. Value

Last Sold May 06, 2021

Last sale price $1,425,000 $712 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $10,771/month

Highlights

  • Lake View
  • Deck
  • Secluded Lot
  • Somerset Elementary School Rated A
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of May 2021

This is the one you’ve been waiting for. Stunning West facing views from this lovely NW contemporary home in one of the Eastside’s most revered neighborhoods - Sought after Somerset – Known for Location, Community and the Award Winning Schools. Fresh Paint, New Carpet, 50-year Steel Composite Roof, Newer Furnace, Remodeled Master Bath, Vaulted Ceilings, Hardwood Entry, Gas Fireplace and A/C. Entertain in style on your 2 Decks and more. Bring your imagination and see why everyone loves Somerset. 2-Car Garage with ample storage. Fabulous location with easy access to freeways, shopping, entertainment and dining. Fabulous Somerset Elementary, Tyee Middle and Newport High School.

Last Agent to Sell the Property

James Owen

Marketplace Sotheby's Intl Rty License #116836 Listed on: 03/31/2021

Marketplace Sotheby's Intl Rty

Last Buyer's Agent

Shaun Reese

Realogics Sotheby's Int'l Rlty License #139852

Realogics Sotheby's Int'l Rlty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1747996

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,162

Year Built

  • Built in 1981

Lot Details

  • Cul-De-Sac
  • Secluded Lot
  • Level Lot
  • Garden
  • Property is zoned R2.5

Parking

  • Attached Garage

Property Views

  • Lake
  • Mountain
  • Territorial
  • Limited

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Somerset Community

Listing and Financial Details

  • Assessor Parcel Number 2597450090

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,162

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Architecture: Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Solarium/Atrium, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Hardwood, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Extra Finished Room: Main
  • Family Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 2000
  • Square Footage Finished: 2000

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Metal
  • View: Lake, Mountain, Partial, Territorial

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air, Heat Pump
  • Sewer: Sewer Connected
  • Water Heater: Hall closet-gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Somerset
  • Project: Forest Park Meadows Div 1

Schools

  • Elementary School: Somerset Elem
  • Middle School: Tyee Mid
  • High School: Newport Snr High
  • School District: BE

Lot Info

  • Lot Number: 9
  • Lot Details: Cul-De-Sac, Paved Street, Secluded
  • Lot Dimensions: 145X79X144X96
  • Lot Sq Ft: 13100
  • Lot Topography Vegetation: Garden Space, Level, Partial Slope
  • Parcel Number: 2597450090
  • Zoning Code: R2.5
  • Lot Topography: Garden Space, Level, Partial Slope

Tax Info

  • Tax Amount: 8410

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2021
Closed on
May 3, 2021
Sold by
Espinoza Lynn R and Estate Of Beverly J Ossewaarde
Bought by
Koon Wing Fung Peter
Seller's Agent
James Owen
Marketplace Sotheby's Intl Rty
Buyer's Agent
Shaun Reese
Realogics Sotheby's Int'l Rlty
List Price
$1,200,000
Sold Price
$1,425,000
Premium/Discount to List
$225,000
18.75%
Current Estimated Value
$1,820,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$395,252
Avg. Annual Appreciation
5.55%
Original Mortgage
$1,140,000
Outstanding Balance
$1,044,035
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$759,251

Purchase Details

Closed on
Mar 8, 2006
Sold by
Elberson Marian S
Bought by
Ossewaarde Michael D and Ossewaarde Beverly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
5.78%
Mortgage Type
Stand Alone Second
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
Koon Wing Fung Peter $1,425,000 Wfg Natl Ttl Co Of Wa Llc
Ossewaarde Michael D $630,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koon Wing Fung Peter $1,140,000
Previous Owner Ossewaarde Michael D $63,000
Previous Owner Ossewaarde Michael D $504,000
Previous Owner Elberson Marian S $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2021 05/06/21 Sold $1,425,000 +18.8% $713 / Sq Ft
04/06/2021 04/06/21 Pending -- -- --
03/31/2021 03/31/21 For Sale $1,200,000 -- $600 / 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 $11,162 $1,521,000 $1,181,000 $340,000
2023 $11,621 $1,367,000 $959,000 $408,000
2022 $9,571 $1,641,000 $1,159,000 $482,000
2021 $8,801 $1,165,000 $811,000 $354,000
2020 $8,410 $993,000 $552,000 $441,000
2018 $7,865 $1,014,000 $565,000 $449,000
2017 $6,675 $854,000 $479,000 $375,000
2016 $6,179 $764,000 $428,000 $336,000
2015 $5,894 $702,000 $392,000 $310,000
2014 -- $663,000 $367,000 $296,000
2013 -- $589,000 $326,000 $263,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1747996

Northwest Multiple Listing Service (NWMLS)

APN: 259745-0090