Listed by COMPASS, Bought with Ewing & Clark, Inc.
NOT LISTED FOR SALE

Estimated Value: $4,613,000 - $8,850,544

4 Beds
6 Baths
5,131 Sq Ft
$1,440/Sq Ft Est. Value

Last Sold April 19, 2021

Last sale price $7,500,000 $1,462 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $45,343/month

128 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Docks
  • Lake View
  • McGilvra Elementary School Rated A
  • Wine Cellar
  • 0.58 Acre Lot

About This Home

As of April 2021

Now listed $1M under appraised value! European-style villa sited on 60 feet of Lake WA waterfront. Gorgeous family/dining room w/ 2-sided gas fireplace. Gourmet chef’s kitchen w/ marble-topped island. French doors open to manicured backyard overlooking the water w/ outdoor fire, private 150’ dock w/ boat lift & dining area w/ heaters. 4 spacious bedrooms inc a fabulous master suite w/ spa-like bath and walk-in closet. A/C; office; top floor rec room; wine room; elevator; attached 2-car garage.

Last Agent to Sell the Property

Mary P. Snyder

COMPASS License #43978 Listed on: 09/10/2020

COMPASS

Co-Listed By

Bob Bennion

COMPASS License #4166

Last Buyer's Agent

Betsy Terry

Ewing & Clark, Inc. License #36346

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1660611

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $85,827

Year Built

  • Built in 2002

Lot Details

  • 0.58 Acre Lot
  • Low Bank Waterfront Property
  • 60 Feet of Waterfront
  • Lake Front
  • Street terminates at a dead end
  • Gated Home
  • Partially Fenced Property
  • Secluded Lot
  • Level Lot
  • Sprinkler System
  • Garden

Property Views

  • Lake
  • Mountain

Home Design

  • Poured Concrete
  • Bitumen Roof
  • Metal Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • 5,131 Sq Ft Home
  • Multi-Level Property
  • Elevator
  • Wet Bar
  • 4 Fireplaces
  • French Doors
  • Wine Cellar
  • Dining Room
  • Unfinished Basement

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone
  • Travertine

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Outdoor Features

  • Bulkhead
  • Docks
  • Deck
  • Patio

Utilities

  • Water Heater
  • High Speed Internet
  • High Tech Cabling
  • Cable TV Available

Community Details

  • Madison Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 101201RE

Home Details

Home Type

Single Family

Est. Annual Taxes

$85,827

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 15 - Multi Level
  • Year Built: 2002
  • Inclusions: Dishwasher,DoubleOven,Dryer,GarbageDisposal,Microwave,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 5131
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 4
  • Basement: Unfinished
  • Appliances: Dishwasher, Double Oven, Dryer, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Hardwood, Stone, Travertine
  • Interior Amenities: Forced Air, Hardwood, Wet Bar, Wine Cellar, Bath Off Primary, Elevator, Double Pane/Storm Window, Dining Room, French Doors, High Tech Cabling, Security System, Walk-In Closet(s), Water Heater
  • Living Area: 5131
  • BathsFullMain: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfLower: 0
  • BathsHalfMain: 2
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 2
  • BedroomsLower: 0
  • BedroomsUpper: 4
  • AppliancesIncluded: Dishwasher,Double Oven,Dryer,Garbage Disposal,Microwave,Refrigerator,Washer
  • FireplacesUpper: 2

Exterior Features

  • Roof: Metal, Torch Down
  • View: Lake, Mountain(s)
  • Lot Features: Curbs, Dead End Street, Paved, Secluded, Sidewalk
  • View: Yes
  • Waterfront Features: Bank-Low, Bulkhead, Lake
  • Waterfront: Yes
  • Exterior Features: Stone, Stucco
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • WaterfrontFootage: 60

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electricity Available, Natural Gas Connected
  • HeatingCoolingType: Forced Air,Radiant
  • WaterHeaterLocation: 3rd Floor
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Seattle
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 101201RE
  • Topography: Level
  • Lot Size Acres: 0.5783
  • Lot Size Sq Ft: 25192
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: false
  • SiteFeatures: Cable TV,Deck,Dock,Fenced-Partially,Gas Available,Gated Entry,High Speed Internet,Irrigation,Patio,Sprinkler System
  • MLSLotSizeSource: KCR

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2020
  • Tax Annual Amount: 85827

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Buyer To Verify

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2020
Closed on
Apr 13, 2021
Sold by
Padden Richard J and Padden Laurie M
Bought by
Sa Global Investment Company Llc
Seller's Agent
Mary P. Snyder
COMPASS
Buyer's Agent
Betsy Terry
Ewing & Clark, Inc.
List Price
$9,850,000
Sold Price
$7,500,000
Premium/Discount to List
-$2,350,000
-23.86%
Current Estimated Value
$7,386,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$113,864
Avg. Annual Appreciation
-0.32%
Original Mortgage
$4,000,000
Outstanding Balance
$3,611,515
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$3,774,621

Purchase Details

Closed on
Jun 20, 2012
Sold by
Padden Richard J and Padden Richard A
Bought by
Padden Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,760,000
Interest Rate
3.74%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 3, 2008
Sold by
Stonesifer Patricia and Kinsley Michael
Bought by
Padden Richard A and Padden Laurie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2004
Sold by
Mackay Stephen W and Mackay Meagan
Bought by
Kinsley Michael and Stonesifer Patricia

Purchase Details

Closed on
Mar 20, 1997
Sold by
Kaiser John M and Kaiser Susan R
Bought by
Mackay Stephen W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$831,000
Interest Rate
6.5%

Purchase Details

Closed on
Mar 7, 1997
Sold by
Johnston Teresa Lynn
Bought by
Mackay Stephen Wesley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$831,000
Interest Rate
6.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sa Global Investment Company Llc $7,500,000 Chicago Title Company Of Wa
Padden Richard J -- First American
Padden Richard A $6,700,000 First American
Kinsley Michael $6,200,000 Chicago Title
Mackay Stephen W $1,385,000 Transnation Title Insurance
Mackay Stephen Wesley -- Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sa Global Investment Company Llc $4,000,000
Previous Owner Padden Richard J $2,760,000
Previous Owner Padden Richard A $5,000,000
Previous Owner Mackay Stephen W $831,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2021 04/19/21 Sold $7,500,000 -16.2% $1,462 / Sq Ft
01/16/2021 01/16/21 Pending -- -- --
10/16/2020 10/16/20 Price Changed $8,950,000 -9.1% $1,744 / Sq Ft
09/10/2020 09/10/20 For Sale $9,850,000 -- $1,920 / 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 $81,113 $8,719,000 $5,400,000 $3,319,000
2023 $76,834 $8,386,000 $5,033,000 $3,353,000
2022 $85,922 $9,391,000 $5,033,000 $4,358,000
2021 $81,643 $7,250,000 $4,076,000 $3,174,000
2020 $85,827 $8,685,000 $3,794,000 $4,891,000
2018 $92,336 $9,111,000 $3,874,000 $5,237,000
2017 $84,233 $9,592,000 $3,884,000 $5,708,000
2016 $86,729 $8,600,000 $3,393,000 $5,207,000
2015 $54,498 $9,090,000 $3,214,000 $5,876,000
2014 -- $5,827,000 $3,288,000 $2,539,000
2013 -- $5,827,000 $3,288,000 $2,539,000
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1660611

Northwest Multiple Listing Service (NWMLS)

APN: 411460-0705