Listed by Windermere Real Estate/East, Bought with Windermere Bellevue Commons
NOT LISTED FOR SALE

Estimated Value: $2,036,000 - $2,975,000

4 Beds
3 Baths
2,760 Sq Ft
$947/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $2,100,000 $761 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $15,231/month

5 Days on Market

Highlights

  • Lake View
  • 2 Fireplaces
  • 2 Car Attached Garage
  • Lakeridge Elementary School Rated A
  • No HOA
  • 1-Story Property

About This Home

As of March 2024

Bring your contractor and vision to this lender-owned opportunity. Great Beach Club location with wonderful lake and mountain views. No Form 17 provided. Property is sold "as-is", without any warranties or representations by the Seller and Listing Broker. Buyer and Selling Broker are responsible for investigating and verifying all property information to their satisfaction. Please use extreme caution when viewing property!! Hazardous conditions are present both inside and outside the home. Do not walk on outside deck, safety hazard!!

Last Agent to Sell the Property

Anthony Pagones

Windermere Real Estate/East License #18017 Listed on: 03/08/2024

Windermere Real Estate/East

Last Buyer's Agent

Marc Khalili

Windermere Bellevue Commons License #99261

Windermere Bellevue Commons

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2207125

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,081

Year Built

  • Built in 1963

Lot Details

  • 0.37 Acre Lot
  • Sloped Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Fixer Upper
  • Wood Siding

Interior Spaces

  • 2,760 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Lake Views
  • Basement

Bedrooms and Bathrooms

Schools

  • Islander Mid Middle School
  • Mercer Isl High School

Community Details

  • No Home Owners Association
  • Beach Club Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0321100265

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,081

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1963
  • Buyer Agency Compensation: 2.25
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 2760
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • SOCComments: Seller Directed Brokerage Compensation.
  • Special Features: None

Interior Features

  • Fireplaces: 2
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Interior Amenities: Fireplace
  • Living Area: 2760
  • Main Level Bedrooms: 3
  • BathsFullMain: 2
  • SquareFootageFinished: 2760
  • SquareFootageUnfinished: 0
  • BathsFullLower: 1
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 1
  • BedroomsUpper: 0
  • FireplacesUpper: 2

Exterior Features

  • Roof: See Remarks
  • View: Lake
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Property Condition: Fixer
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Other – See Remarks
  • Cooling Y N: Yes
  • Heating: Other – See Remarks
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Mercer Island
  • High School: Mercer Isl High
  • Middle Or Junior School: Islander Mid

Lot Info

  • Parcel Number: 0321100265
  • Topography: PartialSlope
  • Land Lease: No
  • Lot Size Acres: 0.3696
  • Lot Size Sq Ft: 16100
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: KC
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Tax Info

  • Year: 2023
  • Tax Annual Amount: 12081

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
Mar 26, 2024
Sold by
Resid Mtg Aggregation Trust
Bought by
Farokhian Farshin
Seller's Agent
Anthony Pagones
Windermere Real Estate/East
Buyer's Agent
Marc Khalili
Windermere Bellevue Commons
List Price
$1,799,900
Sold Price
$2,100,000
Premium/Discount to List
$300,100
16.67%
Views
68
Current Estimated Value
$2,614,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$514,896
Avg. Annual Appreciation
13.94%

Purchase Details

Listed on
Mar 8, 2024
Closed on
Mar 20, 2024
Sold by
Dastouri Maryam
Bought by
Farokhian Farshin
Seller's Agent
Anthony Pagones
Windermere Real Estate/East
Buyer's Agent
Marc Khalili
Windermere Bellevue Commons
List Price
$1,799,900
Sold Price
$2,100,000
Premium/Discount to List
$300,100
16.67%
Views
68

Purchase Details

Closed on
Oct 23, 2023
Sold by
Affinia Default Services Llc
Bought by
Residential Mortgage Aggregation Trust

Purchase Details

Listed on
Jan 21, 2021
Closed on
Jan 19, 2021
Sold by
Clarkson James T and Clarkson Bonnie L
Bought by
Bt Property Ivestments Llc
Buyer's Agent
Andy Sather
John L. Scott, Inc.
List Price
$1,750,000
Sold Price
$1,750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.60%
Original Mortgage
$1,822,500
Interest Rate
2.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 21, 1999
Sold by
Clarkson James T and Clarkson Bonnie L
Bought by
Clarkson James T and Clarkson Bonnie L
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
Farokhian Farshin $2,100,000 First American Title Insurance
Farokhian Farshin $313 First American Title Insurance
Residential Mortgage Aggregation Trust $2,454,570 None Listed On Document
Bt Property Ivestments Llc $1,750,000 First American Title
Clarkson James T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bt Property Ivestments Llc $1,822,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/29/2024 03/29/24 Sold $2,100,000 +16.7% $761 / Sq Ft
03/13/2024 03/13/24 Pending -- -- --
03/08/2024 03/08/24 For Sale $1,799,900 +2.9% $652 / Sq Ft
01/21/2021 01/21/21 Sold $1,750,000 0.0% $634 / Sq Ft View Prior Sale
01/21/2021 01/21/21 For Sale $1,750,000 -- $634 / 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 $17,557 $2,680,000 $1,371,000 $1,309,000
2023 $12,121 $1,759,000 $1,294,000 $465,000
2022 $10,842 $1,968,000 $1,456,000 $512,000
2021 $10,408 $1,471,000 $1,199,000 $272,000
2020 $10,965 $1,299,000 $1,142,000 $157,000
2018 $10,643 $1,358,000 $1,244,000 $114,000
2017 $9,293 $1,226,000 $1,125,000 $101,000
2016 $8,650 $1,141,000 $1,029,000 $112,000
2015 $8,334 $1,034,000 $932,000 $102,000
2014 -- $952,000 $862,000 $90,000
2013 -- $1,001,000 $718,000 $283,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2207125

Northwest Multiple Listing Service (NWMLS)

APN: 032110-0265