Listed by Realogics Sotheby's Int'l Rlty, Bought with CENTURY 21 North Homes Realty
$405,000
SOLD MAR 22, 2016
0.15 Acre
$2,700,000 Price per Acre
6,534 Sq Ft Lot

Recently Sold

$263 Per Sq Ft

10% Below List Price

Highlights

  • Views of a Sound
  • Madison Middle School Rated A-
  • 5-minute walk to Myrtle Reservoir Park

About This Lot

As of January 2020

Opportunity Awaits! Existing home on site in need of major repair or perfect site for a new dream home! Great Puget Sound and mountain views from nice, level backyard with direct western exposure. Go up a story and capture million dollar, panoramic views! Terrific Gatewood neighborhood that is close to everything including shops, restaurants and schools.

Last Agent to Sell the Property

Kimberleigh King

Realogics Sotheby's Int'l Rlty License #34870 Listed on: 02/08/2016

Realogics Sotheby's Int'l Rlty

Co-Listed By

Ev Winningham

Realogics Sotheby's Int'l Rlty License #17906

Last Buyer's Agent

Bryce Mulvaney

CENTURY 21 North Homes Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM893723

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,121

Property Views

  • Views of a Sound
  • Mountain Views

Utilities

  • Sewer in Street

Community Details

  • Gatewood Community

Listing and Financial Details

  • Assessor Parcel Number 1121000305

Property Details

Property Type

Land

Est. Annual Taxes

$17,121

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Style: 40 - Res-Less Thn 1 Ac
  • Senior Exemption: Y
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: Paved
  • View: Mountain, Sound

Utilities

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

Condo/Co-op/Association

  • Community Name: Gatewood

Schools

  • School District: SEA

Lot Info

  • General Zoning Classification: Residential
  • Improvements: Fenced-Partially
  • Lot Details: Paved Street, Sidewalk
  • Lot Sq Ft: 6540
  • Parcel Number: 1121000305
  • Zoning Jurisdiction: City

Tax Info

  • Tax Amount: 1420

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2019
Closed on
Jan 22, 2020
Sold by
Ezzeddine Mohamad
Bought by
Mckay Timothy M and Mckay Jessica M
Seller's Agent
Sam Hakim
RSVP Brokers ERA
Buyer's Agent
Scott Whittlesey
Windermere Real Estate/East
List Price
$1,899,950
Sold Price
$1,800,000
Premium/Discount to List
-$99,950
-5.26%
Current Estimated Value
$2,261,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$461,338
Avg. Annual Appreciation
4.11%
Original Mortgage
$1,440,000
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 7, 2017
Sold by
Thorson Luxury Homes
Bought by
Ezzeddine Mohamad and Eastside Funding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$545,624
Interest Rate
4.02%

Purchase Details

Closed on
Jun 2, 2017
Sold by
Eastside Funding Llc
Bought by
Ezzeddine Mohamad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$545,624
Interest Rate
4.02%

Purchase Details

Listed on
Feb 8, 2016
Closed on
Mar 8, 2016
Sold by
Goodhue Maxine
Bought by
Thorson Luxury Homes Llc
Seller's Agent
Kimberleigh King
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Bryce Mulvaney
CENTURY 21 North Homes Realty
List Price
$449,900
Sold Price
$405,000
Premium/Discount to List
-$44,900
-9.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.80%
Original Mortgage
$57,750
Interest Rate
3.65%

Purchase Details

Closed on
May 18, 2007
Sold by
Benson Michael S and Benson Kathy D
Bought by
Kitos Theodore J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.17%

Purchase Details

Closed on
Mar 26, 2003
Sold by
Benson Kathy D
Bought by
Benson Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
5.79%

Purchase Details

Closed on
Aug 11, 2000
Sold by
Benson Robert S and Benson Bonnie L
Bought by
Benson Michael S and Benson Kathy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
8.15%
Source: Public Records

Range of Values:

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ICE

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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 Type Sale Price Title Company
Warranty Deed $1,800,000 First American Title Ins Co
Warranty Deed $535,001 None Available
Warranty Deed -- None Available
Warranty Deed $405,000 Cw Title Co
Warranty Deed -- Cw Title Co
Warranty Deed $430,000 Stewart Title
Warranty Deed -- Chicago Title
Warranty Deed $200,000 Pacific Northwest Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,440,000 Commercial
Previous Owner $545,624 No Value Available
Previous Owner $371,790 No Value Available
Previous Owner $230,000 No Value Available
Previous Owner $45,000 No Value Available
Previous Owner $90,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2020 01/24/20 Sold $1,800,000 -5.3% $421 / Sq Ft
12/13/2019 12/13/19 Pending -- -- --
11/19/2019 11/19/19 For Sale $1,899,950 +369.1% $444 / Sq Ft
03/22/2016 03/22/16 Sold $405,000 -10.0% $263 / Sq Ft
02/22/2016 02/22/16 Pending -- -- --
02/08/2016 02/08/16 For Sale $449,900 -- $292 / 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 $17,121 $1,759,000 $620,000 $1,139,000
2023 $17,135 $1,812,000 $598,000 $1,214,000
2022 $15,095 $1,923,000 $511,000 $1,412,000
2021 $14,547 $1,636,000 $441,000 $1,195,000
2020 $14,512 $1,496,000 $404,000 $1,092,000
2018 $5,982 $619,000 $310,000 $309,000
2017 $5,300 $574,000 $284,000 $290,000
2016 $1,516 $525,000 $250,000 $275,000
2015 $1,420 $496,000 $237,000 $259,000
2014 -- $430,000 $207,000 $223,000
2013 -- $386,000 $185,000 $201,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM893723

Northwest Multiple Listing Service (NWMLS)

APN: 112100-0305