Listed by COMPASS, Bought with Lake & Company
NOT LISTED FOR SALE

Estimated Value: $1,239,000 - $1,621,811

2 Beds
1 Bath
1,430 Sq Ft
$997/Sq Ft Est. Value

Sale Details

Date Sold: November 2, 2016

Last sale price $664,000 $464 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $8,836 / mo

117 Days on Market

Highlights

  • Lake View
  • Deck
  • Wood Flooring
  • Garfield High School Rated A
  • Property is near public transit and bus stop
  • 3-minute walk to Madrona Park

About This Home

As of November 2016

Price reduced! Charming beach cottage in great Madrona neighborhood with fabulous views of Lake Washington and the Cascades. Across the street from Madrona Beach Park - great for walking, biking and swimming. Top floor includes hardwood floors, leaded glass windows, 2 bedrooms, a full bathroom, view deck and a laundry room. Lower level with the dining and living rooms, the kitchen and the office. Renovate the kitchen and bath and this home will be fabulous.

Last Agent to Sell the Property

Benjamin Chotzen

COMPASS License #4313 Listed on: 06/07/2016

COMPASS

Last Buyer's Agent

Carla Valente

Lake & Company License #82933

Lake & Company

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 955326

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,107

Year Built

  • Built in 1923

Lot Details

  • 7,392 Sq Ft Lot
  • Level Lot
  • Garden
  • Property is in good condition
  • Zoning described as SF 5000

Parking

  • Off-Street Parking

Property Views

  • Lake
  • City
  • Mountain

Home Design

  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,430 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Dining Room

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Schools

  • Seattle Public Sch Elementary And Middle School
  • Seattle Public Sch High School

Additional Features

  • Property is near public transit and bus stop
  • Water Heater

Community Details

  • Madrona Subdivision

Listing and Financial Details

  • Tax Lot 5350201020
  • Assessor Parcel Number 5350201020

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,107

Year Built

Built in 1923

Lot Details

7,392 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 1923
  • Inclusions: Dishwasher,Dryer,RangeOven,Refrigerator,Washer,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: See Remarks
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 1430
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Upper
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Ceramic Tile, Hardwood, Dining Room, Water Heater
  • Living Area: 1430
  • BathsFullMain: 0
  • SquareFootageFinished: 1430
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • AppliancesIncluded: Dishwasher,Dryer,Range/Oven,Refrigerator,Washer
  • FireplacesUpper: 1

Exterior Features

  • Roof: Composition
  • View: City, Lake, Mountain(s)
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete, Slab
  • Property Condition: Good
  • Structure Type: House
  • BusLineNearby: true
  • BusRouteNumber: 2

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Off Street

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electricity Available
  • HeatingCoolingType: Baseboard
  • PowerCompany: Seattle Public Utilities
  • SewerCompany: Seattle Public Utilities
  • WaterCompany: Seattle Public Utilities
  • WaterHeaterLocation: Laundry room
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Seattle
  • High School: Seattle Public Sch
  • Middle Or Junior School: Seattle Public Sch

Lot Info

  • Parcel Number: 5350201020
  • Topography: Level,Sloped,SteepSlope,Terraces
  • Lot Size Acres: 0.1697
  • Lot Size Sq Ft: 7392
  • Zoning Description: SF 5000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Patio
  • MLSLotSizeSource: King County Records
  • ZoningJurisdiction: City
  • LotNumber: 5350201020

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2016
  • Tax Annual Amount: 4107

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Seattle Public Sch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2016
Closed on
Oct 31, 2016
Sold by
Read Michael A E and Jonas Regina E
Bought by
Martinelli Anthony C and Boley Candice L
Seller's Agent
Benjamin Chotzen
COMPASS
Buyer's Agent
Carla Valente
Lake & Company
List Price
$750,000
Sold Price
$664,000
Premium/Discount to List
-$86,000
-11.47%
Current Estimated Value
$1,425,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$761,829
Avg. Annual Appreciation
8.44%
Original Mortgage
$498,000
Outstanding Balance
$400,562
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$1,025,391

Purchase Details

Closed on
Oct 11, 2001
Sold by
Read Michael A
Bought by
Read Michael A and Jonas Regina E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Martinelli Anthony C $664,000 First American
Read Michael A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinelli Anthony C $498,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2016 11/02/16 Sold $664,000 -4.5% $464 / Sq Ft
10/03/2016 10/03/16 Pending -- -- --
09/29/2016 09/29/16 Price Changed $695,000 -3.3% $486 / Sq Ft
09/12/2016 09/12/16 Price Changed $719,000 -0.1% $503 / Sq Ft
07/15/2016 07/15/16 Price Changed $720,000 -4.0% $503 / Sq Ft
06/07/2016 06/07/16 For Sale $750,000 -- $524 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $13,885 $1,407,000 $1,406,000 $1,000
2023 $12,795 $1,312,000 $1,311,000 $1,000
2022 $10,281 $1,321,000 $1,311,000 $10,000
2021 $11,194 $1,072,000 $1,062,000 $10,000
2020 $11,696 $1,119,000 $1,110,000 $9,000
2018 $10,322 $1,144,000 $1,134,000 $10,000
2017 $8,769 $1,015,000 $1,005,000 $10,000
2016 $4,107 $888,000 $878,000 $10,000
2015 $3,878 $842,000 $832,000 $10,000
2014 -- $918,000 $725,000 $193,000
2013 -- $811,000 $669,000 $142,000
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 955326

Northwest Multiple Listing Service (NWMLS)

APN: 535020-1020

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