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  • Listed by: COMPASS • Mike Moghaddas
    Bought with: Windermere Real Estate/East
    $6,500,000

    557 5th Avenue W, Kirkland, WA 98033

    5beds
    3,600sqft
    Single Family Residence
    Built in 1949
    0.92 Acres Lot
    $9,219,000 Zestimate®
    $1,806/sqft
    $6,727 Estimated rent

    Home value

    $9,219,000

    $8.76M - $9.68M

    $6,727/mo

    Zestimate® history
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    What's special

    A shy acre of sensational West of Market lakefront awaits, offering unbeatable west-facing sunsets, 92' of low bank waterfront & an unmatched community blocks to downtown shopping & dining. Build a glamorous lakefront home with infinity-like views of the Olympics & city skylines. Entertain in front of the beautiful stone bulkhead & private 84' dock with first-class boating & recreation right outside your door. Take the boat to one of Seattle's luxurious lakefront restaurants. Relish in the calm & beauty that West of Market offers, close to parks, trails, top-rated schools, Google campuses, PCC, Met Market & Kirkland Urban. The main house & 2002 built ADU are located at the end of a private street, with endless opportunities awaiting.

    Zillow last checked:

    Listing updated:

    Listed by:

    Mike Moghaddas,

    COMPASS

    Bought with:

    Gina Weigum, 120664

    Windermere Real Estate/East

    Joanna Blair, 21002150

    Windermere Real Estate/East

    Source: NWMLS as distributed by MLS GRID,MLS#: 2187866MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 2
    • 3/4 bathrooms: 1
    • Main level bedrooms: 3
    Heating
    • Forced Air, Electric, Natural Gas, Oil
    Cooling
    • None
    Features
    • Basement: Daylight,Partially Finished
    • Has fireplace: No
    Interior area
    • Total structure area: 2,740
    • Total interior livable area: 3,600 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Detached Carport, Attached Garage
    • Attached garage spaces: 3
    • Has carport: Yes
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Main
    • Has view: Yes
    • View description: City, Lake
    • Has water view: Yes
    • Water view: Lake
    • Frontage length: Waterfront Ft: 92
    Lot
    • Size: 0.92 Acres
    • Features: Adjacent to Public Land, Dead End Street, Paved, Value In Land, Cable TV, Dock, Fenced-Partially, Gas Available, High Speed Internet, Outbuildings, Shop
    • Topography: Level,PartialSlope
    Details
    • Additional structures: ADU Beds: 1, ADU Baths: 1
    • Parcel number: 1248100005
    • Zoning description: WDII,Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: 1 Story w/Bsmnt.
    • Property subtype: Single Family Residence
    Materials
    • Brick, Wood Siding
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Year built: 1949
    • Major remodel year: 1949

    Utilities & green energy

    • Electric: Company: Puget Sound Energy
    • Sewer: Sewer Connected, Company: City of Kirkland
    • Water: Public, Company: City of Kirkland

    Community & HOA

    Community
    • Features: CCRs
    • Subdivision: West Of Market
    HOA
    • HOA fee: $17 monthly
    • HOA phone: 206-915-1242
    Location
    • Region: Kirkland

    Financial & listing details

    • Price per square foot: $1,806/sqft
    • Tax assessed value: $6,622,000
    • Annual tax amount: $37,406
    • Date on market: 3/1/2023
    • Cumulative days on market: 1239 days
    • Listing terms: Conventional
    • Total actual rent: 2500

    Price history

    DateEventPrice
    4/3/2024Sold$6,500,000-3.7%$1,806/sqft
    Source: NWMLS as distributed by MLS GRID #2187866 Report a problem
    3/4/2024Pending sale$6,750,000$1,875/sqft
    Source: NWMLS as distributed by MLS GRID #2187866 Report a problem
    1/2/2024Listed for sale$6,750,000+3.8%$1,875/sqft
    Source: NWMLS as distributed by MLS GRID #2187866 Report a problem
    7/26/2021Sold$6,500,000-13.3%$1,806/sqft
    Source: NWMLS as distributed by MLS GRID #1776320 Report a problem
    5/26/2021Pending sale$7,495,000$2,082/sqft
    Source: NWMLS as distributed by MLS GRID #1777523 Report a problem
    5/19/2021Price change$7,495,000-5.7%$2,082/sqft
    Source: NWMLS as distributed by MLS GRID #1776320 Report a problem
    1/7/2021Listed for sale$7,950,000-7.6%$2,208/sqft
    Source: RE/MAX Eastside Brokers, Inc. #1715085 Report a problem
    11/26/2020Listing removed$8,600,000$2,389/sqft
    Source: RE/MAX Eastside Brokers, Inc. #1621978 Report a problem
    3/16/2020Listed for sale$8,600,000$2,389/sqft
    Source: RE/MAX Eastside Brokers, Inc. #1575199 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$56,326 +14.8%$6,622,000 +7.8%
    2024$49,072 +17.6%$6,143,000 +24.1%
    2023$41,735 -6%$4,950,000 -17.1%
    2022$44,411 +18.7%$5,969,000 +40%
    2021$37,406 -2%$4,265,000 +6.5%
    2020$38,182 +1.3%$4,006,000 -2.4%
    2019$37,685 +21.4%$4,106,000 +17%
    2018$31,051 -1.2%$3,510,000 +11.5%
    2017$31,442 +28.9%$3,148,000 +12.5%
    2016$24,401 $2,799,000 +6.9%
    2015$24,401 $2,619,000 +8%
    2014$24,401 $2,426,000 +10%
    2013$24,401 $2,206,000 +16.8%
    2011-- $1,889,000 -3.8%
    2010-- $1,964,000
    2009-- $1,964,000 +5.2%
    2007-- $1,867,000 +6.7%
    2006-- $1,750,000 +7.2%
    2005-- $1,633,000 +70.1%
    2001$10,806 +14.5%$960,000 +25.5%
    2000$9,435 $765,000
    Find assessor info on the county website

    Neighborhood: Market-Downtown

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Peter Kirk Elementary
    • Middle: Kirkland Middle
    • High: Lake Wash High

    Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $9,219,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $9,219,000