NOT LISTED FOR SALE

Estimated Value: $5,150,512

1.27 Acres
$4,063,520 Price per Acre
55,212 Sq Ft Lot

Last Sold June 30, 2022

Last sale price $5,200,000

Est. 1% decrease in value since last sale

Current estimated payment $31,147/month

64 Days on Market

Highlights

  • Lake View
  • 1.27 Acre Lot
  • Level Lot
  • Kenmore Elementary School Rated A-
  • No HOA

About This Lot

As of June 2022

Close on permits within 3 to 6 months;4 structures comprised of 38 three and four-story town homes, 76 two-car garage and off-street parking spaces,8 guest parking stalls, and a kids play area. Across the street from the Burke Gilman Trail, connecting to the UW, Seattle, Woodinville, and downtown Redmond, 4 Miles to UW Bothell, A 10 min drive to Bastyr University, average unit size 1708 square feet and three-bedroom homes averaging roughly1,805 square feet. The gross building square footage across all four structures is totaled at 82,002 square feet. The property is a±55,212 SF, UC-zoned lot. Architectural plans have been drafted. Average home prices have skyrocketed to $969,712 – a 59.6%increase in five years.

Last Agent to Sell the Property

Donna Marshall

Skyline Properties, Inc. License #111216 Listed on: 12/09/2021

Skyline Properties, Inc.

Co-Listed By

Dan Swanson

Kidder Mathews License #13533

Last Buyer's Agent

Dan Swanson

Kidder Mathews License #13533

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1870958

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $29,458

Lot Details

  • 1.27 Acre Lot
  • Level Lot
  • Zoning described as UC

Property Views

  • Lake
  • Mountain
  • Territorial

Utilities

  • Sewer in Street

Community Details

  • No Home Owners Association
  • Kenmore Subdivision

Listing and Financial Details

  • Tax Lot 36 & 37
  • Assessor Parcel Number 0114100900

Property Details

Property Type

Land

Est. Annual Taxes

$29,458

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 42 - Multi-Family
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • Restrictions: No Restrictions
  • Special Features: None
  • Cumulative Days on Market: 1,156

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • View: Lake, Mountain(s), Territorial
  • Lot Features: Paved, Sidewalk
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront: No
  • Structure Type: Multi Family
  • RoadInformation: Paved
  • WaterJurisdiction: City of Kenmore

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: In Street
  • Water Source: Available, In Street
  • Electricity On Property: Yes
  • Utilities: Natural Gas Available, Electricity Connected
  • ElectricityStatus: In Street
  • GasStatus: Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Lake Washington
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 0114100900
  • Topography: Level
  • Lot Size Acres: 1.2675
  • Lot Size Sq Ft: 55212
  • Zoning Description: UC
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential
  • LotNumber: 36 & 37

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2020

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2021
Closed on
Jun 22, 2022
Sold by
Woodinville Cd Llc
Bought by
Ebm Re 14 Llc
Seller's Agent
Donna Marshall
Skyline Properties, Inc.
Buyer's Agent
Dan Swanson
Kidder Mathews
List Price
$6,800,000
Sold Price
$5,200,000
Premium/Discount to List
-$1,600,000
-23.53%
Current Estimated Value
$5,150,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$49,488
Avg. Annual Appreciation
-0.04%
Original Mortgage
$3,676,000
Outstanding Balance
$3,531,509
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$1,662,651

Purchase Details

Closed on
Feb 9, 2022
Sold by
Kenmore Urban Llc
Bought by
Woodinville Cd Llc

Purchase Details

Closed on
Feb 17, 2019
Sold by
Dicicco Teodoro
Bought by
Kenmore Urban Llc

Purchase Details

Closed on
Feb 14, 2011
Sold by
Dicicco Teodoro
Bought by
Tafco Terra Llc

Purchase Details

Closed on
Mar 11, 1983
Sold by
Dicicco Kathleen D
Bought by
Dicicco Teodoro
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
Ebm Re 14 Llc $5,200,000 None Listed On Document
Woodinville Cd Llc $6,000,000 Fidelity National Title
Kenmore Urban Llc $3,699,000 Fidelity National Title
Tafco Terra Llc -- Accommodation
Dicicco Teodoro -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ebm Re 14 Llc $3,676,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $5,200,000 -23.5% --
02/11/2022 02/11/22 Pending -- -- --
12/09/2021 12/09/21 For Sale $6,800,000 -- --
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 $29,458 $2,208,400 $2,208,400 --
2023 $25,785 $1,932,400 $1,932,400 $0
2022 $42,787 $1,822,900 $1,821,900 $1,000
2021 $40,527 $3,428,200 $1,766,700 $1,661,500
2020 $34,482 $2,969,100 $1,766,700 $1,202,400
2018 $31,990 $2,442,100 $1,766,700 $675,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1870958

Northwest Multiple Listing Service (NWMLS)

APN: 011410-0900