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EXCLUSIVELYCREATED FORED AND JEAN NEVES 26025 SE 38TH ST - ISSAQUAH, WA
ot hers dream of, we know how
March22,2024
Dear Ed&Jean,
Thank you for the time to get to know you and your property, we appreciate the opportunity Thefollowing isaComparableMarket Analysis(CMA)and Marketing Plan for your Park Place Property on 3RD Ave. The property is unique and beautiful, you are to be commendedfor keepingandmaintainingit intheParklikesetting
This CMA is intend to evaluate sold properties that are within comparable to Park Place. Some are recent sales and othersare older than we usually like to use, however given the low inventory and specific zoning in the following pages are relatively recent sales and represent the best available from the Northwest Multiple Listing Service. The process, after selecting properties is to "adjust" the sold price up or down based upon similar characteristicsandcriteriaof ParkPlace
Summary:
Listing price $2,000,000 with an estimate of 30-60 DOM (Days On Market) Given the likelihood a builder/developer will be your buyer we can expect offers of approximately 10%percent lessthanlistedprice Obviously,our goal istoexceedthelisting priceutilizing theour experienceandallthetoolsintheMarketingPlandescribedonthefollowingpage
We believe the Engel Völkers team, Mick and myself are uniquely qualified to achieve this goalandlookforwardtoworkingwithyou Thankyouagainfor thisopportunity!Uponyour approval we stand ready to immediately begin creating the narrative, photography, video andmaterialstomarket andsellParkPlace
Sincerely,
Peter Strelinger MickHanson
Peter Strelinger,RealEstateAdvisor
(406)471-1337 |peter.strelinger@evrealestate.com
peterstrelinger evrealestatecom
Mick
Hanson,RealEstateAdvisor
(206)571-3040
| mick hanson@evrealestatecom mickhanson com
Here?s t o New Beginnings
hether it?s your first time selling, or this is another move within your property journey, the key to an optimal experienceispartneringwiththebest
With Engel & Völkers, you?ll engage a trusted real estate advisor whose expertise is backed by a reputable local brokerage and a leading global real estate brand Our advisors are truly passionate about helping you navigate the real estate market and find theright buyer for your property Engel &Völkersmaintainsconsistent highlevelsof servicethroughout theworld toensurethesatisfactionof our valuedcustomers
Imagine what your propert y would look like as part of t his global brand.
WHO WEARE
With approximately 1,000 locations across five continents, Engel & Völkers has access to a powerful global network of potential buyers. We not only reach millions of consumers through our sophisticated multi-channel marketing efforts, but havetheadded benefit of collaborating with fellowEngel & Völkers professionals across the globe to strategically handpick, and refer buyers for the properties they seek likeyours
WHYWORK WITHUS
An Engel & Völkers real estate advisor invests their time to monitor and understand thelocal real estatelandscapeaswell as your unique needs and goals. Through our local market expertise, sophisticated and data driven marketing solutions and collaborativeglobal network,thepower of Engel & Völkers is at work on your behalf. Our goal is to deliver you desired results,to not onlymeet,but exceed your expectations,and to provide you with peace of mind as a trusted partner standing besideyouthrougheverystepof thesellingprocess
Map of Comparable Listings
STATUS: SS =CLOSED MLS #STATUSADDRESS BEDSBATHS SQFT PRICE 11SubjectSubject3 Rd A3AvveNWeNW18,00018,000 - SS Corner Of Holly Way and Newport-0/016,988$1,250,000 3 SS 785 Rainier Blvd N-0/012,196$1,500,000 4 SS 105 NW Dogwood St-0/010,000$1,388,000 5 SS 60 Newport Way NW40/016,988$1,250,000 6 SS 705 Rainier Blvd N60/05,147$1,395,000
Summary of Comparable Properties
SS SOLD LISTINGS ADDRESS SOLD DATEBEDSBATHS SQFT SOLD PRICE$/SQ.FT Corner Of Holly Way and Newport12/25/23-0/016,988$1,250,000$74 785 Rainier Blvd N7/31/22-0/012,196$1,500,000$123 105 NW Dogwood St8/4/22-0/010,000$1,388,000$139 60 Newport Way NW12/26/2340/016,988$1,250,000$74 705 Rainier Blvd N9/30/2160/05,147$1,395,000$271 AAvverageserages 12,26312,263$1,356,600$1,356,600$136$136
Corner Of Holly Way and Newport, $1,250,000$1,250,000 Beds0/00/0Baths 16,98816,988Sq. Ft. ($74 / sqft) CLCLOSEDOSED 12/25/23 Remarks
Description for this property. Source: manual Information is deemed reliable but not guaranteed.
No
Details
Source:Source:manual
Features
Remarks
No Description for this property.
Source: manual
Information is deemed reliable but not guaranteed.
785 Rainier Blvd NIssaquah, WA 98027 $1,500,000 $1,500,000 Beds0/00/0Baths 12,19612,196Sq. Ft. ($123 / sqft) CLCLOSEDOSED 7/31/22
105 NW Dogwood StIssaquah, WA 98027
$1,3$1,388,00088,000
Beds0/00/0Baths
8/4/22 Days on market:5757
10,00010,000Sq. Ft. ($139 / sqft)
Details
Source:Source:manual Lot Size (sqft Size (sqft):):10,000
Features
Remarks
Listdate:Listdate:6/8/22
Orig list price:
Orig list price:$1,450,000
Opportunity to own a triplex in downtown Issaquah. Prime location, short walk to all downtown has to offer, shops, restaurants, cafes, parks.... 2 x 2 bed/1 bath units & 1 x 1 bed/1 bath unit. All units have vinyl windows, large private backyards and laundry in unit. 7 parking spaces! Unit 105 has been fully updated with vinyl plank floors, millwork, cabinets, quartz countertops & SS appliances. Other units have also had some updates. Hold as a rental or buy for future development (buyer to verify). Large flat corner lot. So many options!
Source: manual
Information is deemed reliable but not guaranteed.
CLCLOSEDOSED
60 Newport Way NWIssaquah, WA 98027
Source:Source:manual
Lot Size (sqft Size (sqft):):16,988
Features
Remarks
No Description for this property.
Listdate:Listdate:3/12/22
Orig list price: Orig list price:$1,300,000
TTaaxxes:es:$10,048
Source: manual
Information is deemed reliable but not guaranteed.
($74 / sqft) Days on market:654654
$1,395,000$1,395,000
66Beds0/00/0Baths
5,1475,147Sq. Ft. ($271 / sqft)
CLCLOSEDOSED 9/30/21 Year Built19761976 Days on market:3737
Details
Source:Source:manual
Lot Size (sqft Lot Size (sqft):):5,147
Features
Remarks
No Description for this property.
Listdate:Listdate:8/24/21
Orig list price: Orig list price:$1,200,000
TTaaxxes:es:$8,782
Source: manual
Information is deemed reliable but not guaranteed.
705 Rainier Blvd NIssaquah, WA 98027
Comparable Property Statistics
SS 5 Sold Listings LOWEST $1,250,000 AVERAGE $1,356,600 HIGH $1,500,000 AVG PRICE / SQFT $136 AVG DOM 249
Sold Property Analysis
102.71%
Homes sold for an average of 102.71% of their list price.
249
Days on market
It took an average of 249 days for a home to sell.
Averages
Analysis ADDRESS ORIG LIST PRICE SOLD PRICE% OF ORIG LIST PRICEDOM$ PER SQFT Corner Of Holly Way and Newport-$1,250,000$74 785 Rainier Blvd N-$1,500,000--$123 105 NW Dogwood St$1,450,000$1,388,00095.72%57$139 60 Newport Way NW$1,300,000$1,250,00096.15%654$74 705 Rainier Blvd N$1,200,000$1,395,000116.25%37$271 Averages $1,316,666$1,356,600 102.71%249$136
Analysis of the comparable properties suggests a list price of:
$2,000,000
SS
$1,356,600 $136 / sqft
Disclaimer
The CMA is a side-by-side comparison of homes for sale and homes that have recently sold in the same neighborhood and price range. This information is further sorted by data fields such as single-family or condo, number of bedrooms, number of baths, postal codes, and many other factors. Its purpose is to show fair market value, based on what other buyers and sellers have determined through past sales, pending sales and homes recently put on the market.
Suggested List Price
Comparable Averages per Status
$111 / sqft
Sold
5
249 Days on Market
Pet er St relinger -
Peter Strelinger beganhiscareer asahomebuilder,venturing into land development and developing property for several of thelargest homebuildersand land ownersinthenation An award winning homebuilder and developer hehasover 40 years of experienceinRealEstate
Peter?s experience and creative energy, particularly with land and land use is now focused on helping buyers, buy and land ownerssellspecialpropertiesinthePacific Northwest
Mick Hanson -
Intherealmof realestate,authenticityismyethosasit'sthecornerstoneof everymeaningfulrelationship I'mafirmbeliever in this philosophy and as a result, I've fostered connections that transcend the transactional nature of business, creating dynamic relationshipsakintolifelongfriendships
As a proud resident of the area for over three decades, I bring a unique and unparalleled advantage to the table My deep-rootedconnectiontothiscommunityisnot just apart of myprofessionalidentity;it'swovenintothefabric of whoIam Having witnessed the evolution of neighborhoods, the growth of local businesses, and the changing dynamics of the real estatelandscape,Iamabletooffer youaseasonedperspective
Philosophy
Sellinguniquelandisoftenmoreof anemotionalexperiencethanbusinessdecision Marketingpresentationsshould?paint a picture?of thebuyer imaginingthemselvesowningandenjoyingtheproperty
Whether aFamilylookingfor,asoneclient calledit,?aForever FamilyPlace?or aplacetoget away,escapeanurban environment,or privacyandspace
Regardless,valueinthecurrent market andvaluetothefuturebuyer needstobecommunicatedandallpossiblequestions needtobeaddressedandreadilyanswerable We"Paint thePicture?inanumber of ways:
Presentation:
-Photos
-Video,aerialandinterior
-Location
-Staging,if practical
-Concept siteplans
-Sketchestailoredtobuyer interest, (Equestrian,Fishing/Hunting,Relaxing,Family)
Clearly describe the property with emphasis on amenities:
-NaturalFeatures
-Wildlife
-LakeRiley,current uses
-Tributaries,Inlet andJimCreekoutlet
-Proximitytoservices,schools
-Proximitytorecreation
Peter Strelinger,RealEstateAdvisor
(406)471-1337 |peter strelinger@evrealestatecom
peterstrelinger evrealestatecom
Infrastructure:
-Structures,buildings
-Access
-Utilities
-Zoning
-TaxParcels
-LandUseopportunities
Property History:
-Ownershiphistorywithdates
-Familystories
-LakeRileyHistory
-Prior ownership (originaltimberland,loggingetc )
Mick Hanson,RealEstateAdvisor
(206)571-3040 | mick hanson@evrealestatecom mickhanson com
©2024 Engel&Völkers Allrightsreserved Eachbrokerageisindependentlyownedandoperated Allinformation providedisdeemedreliablebut isnot guaranteedandshouldbeindependentlyverified If your propertyiscurrently representedbyarealestatebroker thisisnot anattempt tosolicit your listing Engel&Völkersanditsindependent LicensePartnersareEqualOpportunityEmployersandfullysupport theprinciplesof theFair HousingAct PETERSTRELINGER&MICKHANSON REALESTATEADVISOR Engel&VölkersSeattleDowntown peter strelinger@evrealestatecom |mick hanson@evrealestatecom peterstrelinger.evrealestate.com|mickhanson.com (406)471-1337|(206)571-3040 Thank You For Your Considerat ion Wehopeto work with you soon. If thereisanything we can do to provideadditional insightsin themeantime, pleasedo not hesitateto ask
