NOT LISTED FOR SALE

8730 Sand Point Way NE Seattle, WA 98115

Lake City Neighborhood

Estimated Value: $1,585,788 - $2,286,000

4 Beds
3 Baths
2,450 Sq Ft
$747/Sq Ft Est. Value

Last Sold October 26, 2015

Last sale price $3,612,500 $1,474 Per Sq Ft

Est. 49% decrease in value since last sale

Current estimated payment $11,078/month

9 Days on Market

Highlights

  • Docks
  • Lake View
  • Contemporary Architecture
  • View Ridge Elementary School Rated A
  • Deck
  • 2 Fireplaces

About This Home

As of October 2015

A special opportunity to acquire this amazing waterfront suite of properties. Property consists of 3 separate tax lots with 2 single-family homes including main home remodeled in 2004 and 2 duplexes. Boasting 3 docks, large lawns with gentle slope to 80 feet of no-bank lakefront. Current rental gross income is $73,200/year. All structures boast spectacular views of Lake Washington. This amazing property provides many options for the buyer; live in main home and rent or redevelop. Zoned SF 5,000.

Last Agent to Sell the Property

Lisa Turnure

Coldwell Banker Bain License #75773 Listed on: 07/07/2015

Coldwell Banker Bain

Co-Listed By

Chris Falskow

Coldwell Banker Bain

Last Buyer's Agent

Mike Yukevich

Seapoint Properties LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM810746

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,297

Year Built

  • Built in 1980

Lot Details

  • Partially Fenced Property
  • Garden
  • Property is zoned SF 5,000

Parking

  • Attached Garage

Property Views

  • Lake
  • Mountain

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 2 Fireplaces
  • Finished Basement

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Slate Flooring

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Bulkhead
  • Docks
  • Deck
  • Outbuilding

Community Details

  • Sand Point Community

Listing and Financial Details

  • Assessor Parcel Number 3426049210

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,297

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Architecture: Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Kitchen, Bath Off Master, Dbl Pane/Storm Windw, Security System
  • Floor Covering: Slate, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 2
  • Lower Level Bedroom: 2
  • Bathrooms: 3.00
  • Total Full Bathrooms: 3
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Basement: Fully Finished
  • Dining Room: Main
  • Family Room: Lower
  • Kitchen: Lower
  • Living Room: Main
  • Estimated Sq Ft: 2450
  • Square Footage Finished: 2450

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Torch Down
  • View: Lake, Mountain
  • Waterfront: Bulkhead, No Bank
  • Waterfront Frontage: 80

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: Seattle Public
  • Sewer: Sewer Connected
  • Sewer Company: Seattle Public
  • Water Company: Seattle Public
  • Water Heater: 2-lower-Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Sand Point

Schools

  • Elementary School: View Ridge
  • Middle School: Eckstein Mid
  • High School: Nathan Hale High
  • School District: SEA

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 35241
  • Lot Topography Vegetation: Garden Space
  • Parcel Number: 3426049210
  • Zoning Code: SF 5,000
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space

Tax Info

  • Tax Amount: 27006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2019
Sold by
Gatlin Albert and Gatlin Leanne
Bought by
Sand Point Way Investors Llc
Current Estimated Value
$1,829,947

Purchase Details

Closed on
Jan 5, 2016
Sold by
Gatlin Albert and Gatlin Leanne
Bought by
Yukevich Michael and Yukevich Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 7, 2015
Closed on
Oct 26, 2015
Sold by
Mumm Michael J and Mumm Diane M
Bought by
Gatlin Albert and Gatlin Leanne
Seller's Agent
Lisa Turnure
Coldwell Banker Bain
Buyer's Agent
Mike Yukevich
Seapoint Properties LLC
List Price
$3,500,000
Sold Price
$3,612,500
Premium/Discount to List
$112,500
3.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.61%
Original Mortgage
$800,000
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 3, 2003
Sold by
Mumm Michael J
Bought by
Mumm Michael J and Mumm Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage
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
Sand Point Way Investors Llc $480,000 None Available
Yukevich Michael $480,000 None Available
Yukevich Michael -- None Available
Gatlin Albert $950,000 Stewart Title
Mumm Michael J -- Pacific Nw Tit
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yukevich Michael A $678,000
Previous Owner Gatlin Albert $750,000
Previous Owner Gatlin Albert $800,000
Previous Owner Mumm Michael J $585,000
Previous Owner Mumm Michael J $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2015 10/26/15 Sold $3,612,500 +3.2% $1,474 / Sq Ft
07/17/2015 07/17/15 Pending -- -- --
07/07/2015 07/07/15 For Sale $3,500,000 -- $1,429 / 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 $13,297 $1,371,000 $495,000 $876,000
2023 $12,299 $1,236,000 $453,000 $783,000
2022 $10,751 $1,430,000 $504,000 $926,000
2021 $9,863 $1,144,000 $404,000 $740,000
2020 $10,054 $993,000 $352,000 $641,000
2018 $8,803 $960,000 $356,000 $604,000
2017 $7,807 $869,000 $323,000 $546,000
2016 $7,261 $796,000 $296,000 $500,000
2015 $6,493 $722,000 $285,000 $437,000
2014 -- $661,000 $262,000 $399,000
2013 -- $569,000 $226,000 $343,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM810746

Northwest Multiple Listing Service (NWMLS)

APN: 342604-9210