NOT LISTED FOR SALE

Estimated Value: $1,667,295 - $2,150,000

4 Beds
2 Baths
1,600 Sq Ft
$1,199/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $2,165,000 $1,353 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $11,225/month

5 Days on Market

Highlights

  • Lake View
  • 0.27 Acre Lot
  • No HOA
  • Lakeview Elementary School Rated A
  • Wood Flooring
  • 4-minute walk to Terrace Park

About This Home

As of August 2024

Knock Knock Knock ... hear that? it’s Opportunity and its rapping on the door of this incredible Houghton duplex. Presenting you with a phenomenal development potential sits this rare chance to create something awe inspiring. Situated on a prime .27 acre rectangular lot zoned RM 3.6, complete with water views. If location is your thing, then you’ll find it hard to beat this one! Directly behind the property & moments away sits Google & Lake View Elementary, you’ll also find Cross Kirkland Corridor, Metropolitan Market, restaurants and other shopping within walking distance. The duplex is in good rentable condition allowing you to have a well preforming rental while you plan & permit.

Last Agent to Sell the Property

Joey Keeler

COMPASS License #118961 Listed on: 06/10/2024

COMPASS

Last Buyer's Agent

Joey Keeler

COMPASS License #118961 Listed on: 06/10/2024

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2250052

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,453

Year Built

  • Built in 1959

Lot Details

  • 0.27 Acre Lot
  • Property is in good condition

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Lake Views

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Schools

  • Lakeview Elementary School
  • Kirkland Middle School
  • Lake Wash High School

Additional Features

  • Outbuilding
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • South Kirkland Acreage Trs Condos
  • Moss Bay Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7882600516

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,453

Year Built

Built in 1959

Lot Details

0.27 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1959
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: South Kirkland Acreage Trs
  • New Construction: No
  • CalculatedSquareFootage: 1600
  • Special Features: VirtualTour

Interior Features

  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: Lake
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Kirkland
  • WaterCompany: City of Kirkland
  • InternetConnected: Comcast or Ziply Fiber

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Lake Washington
  • High School: Lake Wash High
  • Middle Or Junior School: Kirkland Middle

Lot Info

  • Parcel Number: 7882600516
  • Lot Size Acres: 0.2657
  • Lot Size Sq Ft: 11574
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Outbuildings
  • MLSLotSizeSource: Realist - Buyer to Verify
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 7453

Multi Family

  • Number Of Units Total: 2
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Lakeview Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2024
Closed on
Aug 28, 2024
Sold by
Root Robert Morrison
Bought by
Home Proj 16 Llc
Seller's Agent
Joey Keeler
COMPASS
Buyer's Agent
Joey Keeler
COMPASS
List Price
$2,600,000
Sold Price
$2,165,000
Premium/Discount to List
-$435,000
-16.73%
Views
5
Current Estimated Value
$1,918,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$246,176
Avg. Annual Appreciation
-7.49%
Original Mortgage
$1,300,000
Interest Rate
6.77%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 13, 1986
Sold by
Hill Richard L and Hill Dorothy E
Bought by
Root Robert M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Home Proj 16 Llc $2,165,000 Title Forward
Root Robert M $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Home Proj 16 Llc $1,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2024 08/30/24 Sold $2,165,000 -16.7% $1,353 / Sq Ft
06/15/2024 06/15/24 Pending -- -- --
06/10/2024 06/10/24 For Sale $2,600,000 -- $1,625 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $14,886 $1,837,000 $1,248,000 $589,000
2023 $2,010 $1,626,000 $1,143,000 $483,000
2022 $12,462 $1,961,000 $1,381,000 $580,000
2021 $10,982 $1,401,000 $974,000 $427,000
2020 $10,766 $1,133,000 $1,132,000 $1,000
2018 $10,111 $1,110,000 $1,109,000 $1,000
2017 $8,637 $996,000 $995,000 $1,000
2016 $8,190 $886,000 $885,000 $1,000
2015 $6,969 $829,000 $828,000 $1,000
2014 -- $677,000 $508,000 $169,000
2013 -- $557,000 $462,000 $95,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2250052

Northwest Multiple Listing Service (NWMLS)

APN: 788260-0516

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