Listed by Windermere Real Estate/PSR Inc, Bought with Keller Williams Eastside
NOT LISTED FOR SALE

Estimated Value: $2,129,000 - $2,592,000

0.29 Acre
$7,922,471 Price per Acre
12,815 Sq Ft Lot

Last Sold February 08, 2018

Last sale price $315,000 $45 Per Sq Ft

Est. 640% increase in value since last sale

Current estimated payment $14,018/month

About This Lot

As of February 2018

Welcome to Lake Ridge, a quaint community of 21 homes in Newcastle! Large 12,817sf lot is surrounded by million dollar plus luxury homes. Spectacular views of Lake Washington, mountains & Seattle! Sewer & Storm already stubbed on property with all other utilities in street. 2007 Topography & GeoTech reports available. Bring your plans and bring your builder!

Last Agent to Sell the Property

Michelle Woo

Windermere Real Estate/PSR Inc License #99709 Listed on: 03/11/2017

Windermere Real Estate/PSR Inc

Co-Listed By

Sue Hammermaster

Windermere Real Estate/PSR Inc License #25165

Last Buyer's Agent

Rob Biden

Keller Williams Eastside License #23749

Keller Williams Eastside

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1088173

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,440

Lot Details

  • 0.29 Acre Lot
  • Vegetated Swale
  • Sloped Lot
  • Zoning described as R6

Property Views

  • Lake
  • City
  • Mountain

Schools

  • Hazelwood Elementary School
  • Hazen Snr High School

Community Details

  • Association fees include common area maintenance
  • Hazelwood Ridge Div 02 Condos
  • Newcastle Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 3204960160

Property Details

Property Type

Land

Est. Annual Taxes

$3,440

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: Hazelwood Ridge Div 02
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • Restrictions: CC&R
  • AssessmentFees: See Remarks
  • Special Features: None

Interior Features

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

Exterior Features

  • View: City, Lake, Mountain(s)
  • Lot Features: Curbs, Paved
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: Paved
  • RoadOnWhichSide: West
  • WaterJurisdiction: Coal Creek

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: On Property
  • Water Source: In Street
  • Electricity On Property: Yes
  • Utilities: Common Area Maintenance, Natural Gas Available, Electricity Connected
  • ElectricityStatus: In Street
  • GasStatus: In Street

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No
  • Association Fee: 54

Fee Information

  • Association Fee Includes: Common Area Maintenance

Schools

  • Junior High Dist: Renton
  • High School: Hazen Snr High
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 3204960160
  • Topography: Sloped,Swale
  • Lot Size Acres: 0.2942
  • Lot Size Sq Ft: 12817
  • Zoning Description: R6
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Residential
  • LotNumber: 15
  • SlopeComment: South-South West

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2017
  • Tax Annual Amount: 3440

MLS Schools

  • Elementary School: Hazelwood Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2017
Closed on
Jan 18, 2018
Sold by
Clapham Andrew and Clapham Lesley
Bought by
Trieu Donny and Trieu Esther
Seller's Agent
Michelle Woo
Windermere Real Estate/PSR Inc
Buyer's Agent
Rob Biden
Keller Williams Eastside
List Price
$449,950
Sold Price
$315,000
Premium/Discount to List
-$134,950
-29.99%
Current Estimated Value
$2,330,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,015,791
Avg. Annual Appreciation
29.68%
Original Mortgage
$224,750
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2012
Sold by
Shergill Narjeet K
Bought by
Clapham Andrwe and Clapham Lesley

Purchase Details

Closed on
Sep 17, 2007
Sold by
Rikhi Amit
Bought by
Shergill Narjeet K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 2007
Sold by
Lakeridge Development Inc
Bought by
Shergill Narjeet K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Trieu Donny $315,000 Wfg National Title Insurance
Clapham Andrwe $204,950 Chicago Title Company
Shergill Narjeet K -- Commonwealth L
Shergill Narjeet K $400,000 Commonwealth L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Trieu Donny $224,750
Previous Owner Shergill Narjeet K $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2018 02/08/18 Sold $315,000 -30.0% $45 / Sq Ft
11/15/2017 11/15/17 Pending -- -- --
03/11/2017 03/11/17 For Sale $449,950 -- $64 / 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 $20,358 $2,201,000 $598,000 $1,603,000
2023 $18,121 $1,854,000 $505,000 $1,349,000
2022 $4,748 $2,191,000 $614,000 $1,577,000
2021 $3,802 $462,000 $462,000 $0
2020 $3,710 $353,000 $353,000 $0
2018 $3,923 $368,000 $368,000 $0
2017 $3,440 $323,000 $323,000 $0
2016 $3,403 $289,000 $289,000 $0
2015 $4,062 $273,000 $273,000 $0
2014 -- $342,000 $342,000 $0
2013 -- $306,000 $306,000 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1088173

Northwest Multiple Listing Service (NWMLS)

APN: 320496-0160