8797 116th Ave NE Kirkland, WA 98033
Highlands NeighborhoodEstimated payment $16,646/month
Highlights
- Corner Lot
- No HOA
- 4-minute walk to Cedar View Park
- Peter Kirk Elementary School Rated A
About This Lot
Value in land! A rare opportunity to acquire a residential redevelopment site or a land banking property in Kirkland’s Highlands neighborhood. The 14,300 SF (or 0.33-acre) site is situated in Kirkland’s RM 3.6 zone, which allows for 3,600 square feet of lot area per unit, or 12 units per acre. According to the preliminary massing study, the site presents the new owner with the opportunity to redevelop the existing SFH + Triplex to three (3) to six (6) luxury homes that are within a mile of Google’s Kirkland Urban office campus and less than 1.2 miles from Google’s office campus in Houghton neighborhood. Approximately 2,735 Google employees work in these campuses.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2387286
Property Details
Property Type
- Land
Est. Annual Taxes
- $13,644
Lot Details
- 0.33 Acre Lot
- Corner Lot
- Level Lot
- Zoning described as Multi-Family,Residential,See Remarks
Schools
- Peter Kirk Elementary School
- Kirkland Middle School
- Lake Wash High School
Community Details
- No Home Owners Association
- Highlands Subdivision
Listing and Financial Details
- Assessor Parcel Number 3886901775
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/16/2025 06/16/25 | Price Changed | $2,800,000 | -6.7% | $655 / Sq Ft |
| 06/03/2025 06/03/25 | For Sale | $3,000,000 | +294.7% | $702 / Sq Ft |
| 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 |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $760,000 | First American | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Chicago Title Insurance Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $960,000 | Credit Line Revolving | |
| Previous Owner | $7,700,000 | Commercial |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2387286
APN: 388690-1775
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