Seller's Agent in 2013
Travis Kannier
Westlake Associates, Inc.
(206) 505-9416
11 Total Sales
Listed by Westlake Associates, Inc., Bought with Westlake Associates, Inc.
8797 116th Ave NE Kirkland, WA 98033
Highlands NeighborhoodEstimated Value: $2,764,000 - $2,781,000
3
Beds
1
Bath
2,928
Sq Ft
$947/Sq Ft
Est. Value
Highlights
- Corner Lot
- Peter Kirk Elementary School Rated A
- 4-minute walk to Cedar View Park
About This Home
As of August 2013The subject property sits on a corner lot that measures 14,300 square feet and is zoned RM 3.6 which allows an investor the rare opportunity to own a high-quality building with the potential to redevelop. Very well maintained, the next owner of this building has the opportunity make a few cosmetic improvement and raise the rents to the current market conditions or maintain the building as is and enjoy a healthy return. Either way, it’s a win-win!
Last Agent to Sell the Property
Westlake Associates, Inc. License #79950 Listed on: 05/29/2013
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 493988
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,313
Year Built
- Built in 1985
Lot Details
- 0.33 Acre Lot
- Corner Lot
Home Design
- Quadruplex
- Composition Roof
Interior Spaces
- 2,928 Sq Ft Home
- 2-Story Property
Parking
- 7 Parking Spaces
- Open Parking
Community Details
- Kirkland Subdivision
Listing and Financial Details
- Assessor Parcel Number 3886901775
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 8, 2021
Sold by
Shih Jenny Feng Mei
Bought by
Kirkland Holdings Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Outstanding Balance
$861,806
Interest Rate
2.65%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,910,527
Purchase Details
Listed on
May 29, 2013
Closed on
Sep 30, 2013
Sold by
Zhang Wei
Bought by
Kirkland Holdings Llc Series 116Th Kirkl
Seller's Agent
Travis Kannier
Westlake Associates, Inc.
Buyer's Agent
Collin Hagstrom
Westlake Associates, Inc.
List Price
$800,000
Sold Price
$760,000
Premium/Discount to List
-$40,000
-5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.34%
Purchase Details
Listed on
May 29, 2013
Closed on
Aug 23, 2013
Sold by
Powell Barry J
Bought by
Zhang Wei
Seller's Agent
Travis Kannier
Westlake Associates, Inc.
Buyer's Agent
Collin Hagstrom
Westlake Associates, Inc.
List Price
$800,000
Sold Price
$760,000
Premium/Discount to List
-$40,000
-5%
Purchase Details
Closed on
Mar 7, 2013
Sold by
Annette E Powell Trust and Powell Annette E
Bought by
Powell Barry J
Purchase Details
Closed on
Sep 29, 2010
Sold by
Powell Annette E
Bought by
Annette E Powell Trust and Powell Annette E
Purchase Details
Closed on
Mar 11, 1998
Sold by
Powell Barry J and Powell Maurice D
Bought by
Powell Barry J
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kirkland Holdings Llc | -- | None Available | |
| Kirkland Holdings Llc Series 116Th Kirkl | -- | None Available | |
| Zhang Wei | $760,000 | First American | |
| Powell Barry J | -- | None Available | |
| Annette E Powell Trust | -- | None Available | |
| Powell Barry J | -- | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kirkland Holdings Llc Series 116Th Kirkl | $960,000 | |
| Previous Owner | Kirkland Holding Llc Series 116Th Kirkla | $7,700,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/28/2013 08/28/13 | Sold | $760,000 | -5.0% | $260 / Sq Ft |
| 07/30/2013 07/30/13 | Pending | -- | -- | -- |
| 05/29/2013 05/29/13 | For Sale | $800,000 | -- | $273 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $13,644 | $1,615,000 | $1,501,500 | $113,500 |
| 2023 | $13,521 | $1,715,000 | $1,501,500 | $213,500 |
| 2022 | $14,704 | $1,728,000 | $1,287,000 | $441,000 |
| 2021 | $16,409 | $1,607,000 | $1,172,600 | $434,400 |
| 2020 | $15,479 | $1,660,000 | $1,172,600 | $487,400 |
| 2018 | $13,225 | $1,477,000 | $1,172,600 | $304,400 |
| 2017 | $9,369 | $1,268,000 | $1,001,000 | $267,000 |
| 2016 | $9,004 | $920,000 | $829,400 | $90,600 |
| 2015 | -- | $872,000 | $757,900 | $114,100 |
| 2014 | -- | $771,000 | $715,000 | $56,000 |
| 2013 | -- | $749,000 | $715,000 | $34,000 |
Source: Public Records
Agents Affiliated with this Home
-
Travis Kannier
-
Collin Hagstrom
C
Buyer's Agent in 2013
Collin Hagstrom
Westlake Associates, Inc.
(206) 505-9400
9 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 493988
APN: 388690-1775
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Based on information submitted to the MLS GRID
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