Listed by Coldwell Banker Bain, Bought with RE/MAX Northwest
NOT LISTED FOR SALE

Estimated Value: $1,442,000 - $1,614,000

0.62 Acre
$2,450,981 Price per Acre
26,942 Sq Ft Lot

Last Sold July 30, 2021

Last sale price $425,000

Est. 257% increase in value since last sale

Current estimated payment $9,076/month

Highlights

  • Low Bank Waterfront Property
  • Lake View
  • Level Lot
  • Stillwater Elementary School Rated A-

About This Lot

As of July 2021

One of the last remaining vacant lots on Lake Joy near Carnation is now available. Public water and electricity are available at the street. The CAD is approved and vested into 2025. Preliminary on-site sewage disposal evaluation for 4-bedroom home with a subsurface drip irrigation system. 50 feet of lakefront. Lake Joy is a 105 acre lake located approximately 40 minutes from the Redmond Microsoft campus. Residents enjoy fishing, boating (no gas engines), swimming, bird watching and more!

Last Agent to Sell the Property

Patrick Grady

Coldwell Banker Bain License #5459 Listed on: 07/23/2021

Coldwell Banker Bain

Last Buyer's Agent

Jessica Loutsis

RE/MAX Northwest License #23002888

RE/MAX Northwest

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1810306

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,478

Lot Details

  • 0.62 Acre Lot
  • Low Bank Waterfront Property
  • 50 Feet of Waterfront
  • Lake Front
  • Level Lot
  • Zoning described as RA 2.5

Schools

  • Stillwater Elementary School
  • Tolt Mid Middle School
  • Cedarcrest High School

Additional Features

  • Lake Views
  • Sewer Not Available

Community Details

  • Lake Joy Add Condos
  • Lake Joy Subdivision

Listing and Financial Details

  • Legal Lot and Block 15 / 4
  • Assessor Parcel Number 4045500745

Property Details

Property Type

Land

Est. Annual Taxes

$3,478

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 40 - Res-Less thn 1 Ac
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Lake Joy Add
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • PropertyFeatures: Lightly Treed
  • Restrictions: See Remarks
  • Improvements: Cable TV Available
  • Survey: east line
  • AssessmentFees: See Remarks
  • LevelComment: slight slope to the lake
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • View: Lake
  • Lot Features: Paved
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront Features: Bank-Low, Lake
  • Waterfront: Yes
  • Structure Type: Unspecified
  • RoadInformation: County Maintained,Paved
  • RoadOnWhichSide: south
  • WaterJurisdiction: King County #119
  • WaterfrontFootage: 50

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: Not Available
  • Water Source: Available, In Street
  • Electricity On Property: No
  • Utilities: Electricity Available
  • ElectricityStatus: In Street
  • GasStatus: Not Available
  • SepticDesignApplied: false
  • SepticDesignInstalled: false
  • SepticSystemType: subsurface drip irrigation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Riverview
  • High School: Cedarcrest High
  • Middle Or Junior School: Tolt Mid

Lot Info

  • Parcel Number: 4045500745
  • Topography: Level,SeeRemarks
  • Lot Size Acres: 0.6185
  • Lot Size: .62 acres
  • Lot Size Sq Ft: 26941
  • Zoning Description: RA 2.5
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: assessor
  • ZoningJurisdiction: County
  • ZoningClass: Residential
  • LotNumber: 15
  • SoilFeasibilityTest: true
  • PublicLandSurvey: 352607
  • SlopeComment: north

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021
  • Tax Annual Amount: 3478

MLS Schools

  • Elementary School: Stillwater Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2021
Closed on
Jul 26, 2021
Sold by
Johnson David T
Bought by
Ruttan Gordon D and Ruttan Laurel E
Seller's Agent
Patrick Grady
Coldwell Banker Bain
Buyer's Agent
Jessica Loutsis
RE/MAX Northwest
List Price
$400,000
Sold Price
$425,000
Premium/Discount to List
$25,000
6.25%
Current Estimated Value
$1,515,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,090,932
Avg. Annual Appreciation
32.48%
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
Ruttan Gordon D $425,000 Rainier Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $425,000 +6.3% --
07/24/2021 07/24/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $400,000 -- --
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 $12,455 $1,296,000 $413,000 $883,000
2023 $12,166 $1,195,000 $381,000 $814,000
2022 $3,742 $438,000 $438,000 $0
2021 $3,478 $357,000 $357,000 $0
2020 $3,492 $301,000 $301,000 $0
2018 $3,181 $271,000 $271,000 $0
2017 $2,793 $257,000 $257,000 $0
2016 $2,675 $228,000 $228,000 $0
2015 $2,729 $209,000 $209,000 $0
2014 -- $214,000 $214,000 $0
2013 -- $173,000 $173,000 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1810306

Northwest Multiple Listing Service (NWMLS)

APN: 404550-0745