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1583 3rd Street

1583 3rd Street, Kirkland, WA 98033
Property in Norkirk
Sold Jan 31, 2020
$2,005,000
$1,303,250 by Bank Of America Na
Mortgage Due Feb 01, 2050
Sold Jul 13, 2017
$1,665,000
$2,221,251 by Nwbf Llc
Mortgage
1583 3rd Street in Kirkland, WA was first built in 2018 and is 6 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 5 partial bathrooms. 1583 3rd Street has 4,320 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,260 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 7,200 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 480 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as average. As for heating, the home is utilizing a forced air unit and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1583 3rd Street sold most recently in Jan 10, 2020 for a total of $2,005,000. If you work out the math, that's approximately a cost of $415.11 per sqft. Before that, the property was also sold for $1,665,000 in Jul 10, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $25,063 in taxes each year. 1583 3rd Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,959,000. If we break it down further, the land itself was valued at $969,000. Improvements to the property, however, were assessed at a total of $1,990,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 3
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: A
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,260
  • Garage Type: Attached
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,200
  • Total Building Area: 4,830
  • Gross Building Area: 4,830
  • Building Area: 4,320
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 4,320
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BURKE-FARRARS KIRKLAND DIV NO. 27
  • Land Acres: 0.165
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BURKE-FARRARS KIRKLAND DIV # 27 LOT A OF KIRKLAND SP# SUB16-00466 REC# 20170607900002 SD SP LOCATED IN LOTS 29-30 OF BLK 124 OF SD PLAT

Ownership

  • Current Owner : PRAKASH ANAND
  • Current Owner 2: CHOUDHARY RAJNI
  • Previous Owner : ENW HOMES LLC
  • Owner Before Previous Owner: SENSA HOMES LP
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Mar 07, 2024

Neighborhood

  • School District Name: Lake Washington School District
  • Census Tract: 022401

Zoning

  • Zoning: RS 7.2

Geography

  • Account Number: 124500159007
  • District: KIRKLAND
  • Parcel: 124500-1590
  • Block: 124
  • Lot: A
  • Meridian: SEC 05 TWN 25 RNG 05
  • Municipality: KIRKLAND
  • Latitude: 47.6892
  • Longitude: -122.205

    Address

  • Full Address: 1583 3rd St
  • Address - House Number: 1583
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: WA
  • City Name: Kirkland
  • Carrier Code: C058
  • 4-Digit Zip Code: 5575
  • Zip Code: 98033

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $25,063
  • Tax Rate Code Area: 1701

    Appraisal Valuation

  • Standard Deviation: 0.1444
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 82
  • Final Value: 3,349,856
  • High Value: 3,833,749
  • Low Value: 2,865,964

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,303,250
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Jan 31, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,303,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2050

    Market Valuation

  • Market Total Value: $2,959,000
  • Market Land Value: $969,000
  • Market Improvement Value: $1,990,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,959,000
  • Assessed Land Value: $969,000
  • Assessed Improvements Value: $1,990,000

    Sales

  • Current Sale Contract Date: Jan 10, 2020
  • Current Sale Recording Date: Jan 31, 2020
  • Current Sale Transaction ID: 11721825103
  • Current Sale Price: $2,005,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200131002244
  • Previous Sale Recording Date: Jul 13, 2017
  • Previous Sale Contract Date: Jul 10, 2017
  • Previous Sale Amount: $1,665,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Jan 31, 2020
  • First Mortgage Loan Amount: $1,303,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: NWBF LLC
  • Previous Mortgage Transaction Date: Jul 13, 2017
  • Previous Mortgage Loan Amount: $2,221,251

About Norkirk



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Frequently Asked Questions

What neighborhood is 1583 3rd Street located in?
The 1583 3rd Street is a located in the neighborhood of Norkirk in Norkirk, Kirkland.
What is the average sales price for listings in 1583 3rd Street?
The average sales price for units in 1583 3rd Street is $0 currently.

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