NOT LISTED FOR SALE
0.39 Acre
-- Price per Acre
16,988 Sq Ft Lot

Last Sold February 04, 2015

Last sale price $950,000

3 Days on Market

About This Lot

As of February 2015

Prime Kenmore Lake Washington view property ready for redevelopment. Located just above Kenmore Air, 4 tax parcels zoned Regional Business ready for up to 19 units of residential commercial mixed use. View condos, apartments or live-work town home lofts could be built here. Existing 1945 building in good condition for owner/operator or investor, 5463 SF on 3 levels, 26 parking spots. Kenmore planning on repaving this area and adding sidewalks. Property borders Burke Gilman Trail.

Last Listed By

Kevin Donovan

Windermere R.E. Northeast, Inc License #27578 Listed on: 01/28/2015

Windermere R.E. Northeast, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM736987

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,807

Year Built

  • 1945

Lot Details

Additional Features

  • Lake Views
  • Sloped Lot

Community Details

  • Kenmore Community

Listing and Financial Details

  • Assessor Parcel Number 7946300035

Property Details

Property Type

Land

Est. Annual Taxes

$5,807

Year Built

1945

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Style: 42 - Multi-Family
  • Restrictions: No Restrictions
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1945

Exterior Features

  • Road Information: County Maintained
  • View: Lake
  • Water Jurisdiction: Kenmore

Utilities

  • Electricity: On Property
  • Gas Available: On Property
  • Sewer: On Property
  • Water: On Property

Condo/Co-op/Association

  • Community Name: Kenmore

Schools

  • School District: NTH

Lot Info

  • General Zoning Classification: Commercial, Multi-Family
  • Lot Details: Paved Street
  • Lot Sq Ft: 17160
  • Parcel Number: 7946300035
  • Slopeof Property: South
  • Topography: Sloped
  • Zoning Jurisdiction: City
  • Zoning Remarks: RB Regional Business

Tax Info

  • Tax Amount: 4781

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2015
Closed on
Jan 21, 2015
Sold by
Northwest Ventures Llc
Bought by
Billy Joe Park Llc
Seller's Agent
Kevin Donovan
Windermere R.E. Northeast, Inc
Buyer's Agent
Kevin Donovan
Windermere R.E. Northeast, Inc
List Price
$1,100,000
Sold Price
$950,000
Premium/Discount to List
-$150,000
-13.64%
Total Days on Market
3

Purchase Details

Closed on
Oct 29, 2012
Sold by
Dakota Investment Llc
Bought by
Northwest Ventures Llc

Purchase Details

Closed on
Mar 12, 2008
Sold by
Loveless & Dillon Inc
Bought by
Dakota Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.65%

Range of Values:

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Average Value
Not Available
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
Billy Joe Park Llc $950,000 Fidelity
Northwest Ventures Llc $729,000 First American
Dakota Investment Llc $1,500,000 Commonwealth L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dakota Investment Llc $1,000,000
Previous Owner Loveless & Dillon Inc $239,697
Previous Owner Loveless & Dillon Inc $175,000
Previous Owner Loveless & Dillon Inc $61,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2015 02/04/15 Sold $950,000 -13.6% --
01/31/2015 01/31/15 Pending -- -- --
01/28/2015 01/28/15 For Sale $1,100,000 -- --
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 $5,807 $441,500 $157,500 $284,000
2023 $4,007 $362,500 $164,500 $198,000
2022 $4,688 $288,500 $164,500 $124,000
2021 $6,542 $318,400 $164,500 $153,900
2020 $6,014 $469,000 $164,500 $304,500
2018 $4,956 $380,100 $164,500 $215,600
2017 $5,082 $355,600 $164,500 $191,100
2016 $5,641 $371,800 $157,500 $214,300
2015 $4,561 $417,900 $133,000 $284,900
2014 -- $313,800 $115,500 $198,300
2013 -- $302,500 $112,000 $190,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM736987

Northwest Multiple Listing Service (NWMLS)

APN: 794630-0035