927 N Northlake Way

Seattle, Washington, 98103

Tax DeedpendingSells Oct 10, 2026 · today

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SqFt: 12,824
Lot Size: 30,307
Year Built: 1970
APN: 408880-4440

Property Type: Other
Distressed: No
Vacant: No
Owner Type: Individual
Owner Status: Absentee (In State)
Length of Ownership: 30 Years 2 Months
Purchase Method: Cash Purchase
County: King

Value

Estimated Value: $5,466,000
County Market Value: $5,466,000; 2025
Assessed Value: $5,466,000; 2025

Mortgage & Debt

Open Mortgages: 0
Estimated Balance: $0
Lien Flags: None recorded; RealEstateAPI flags · not a lien search

Last Sale

Public Record: $35,000; 04/04/1996
Document Type: Warranty Deed

Opportunity

Property Tax 2025: $55,599; annual bill · not the amount owed
Equity (est.): $5,466,000; 100%

Opening bid

—

Assessed value

$5,466,000

Land $1,348,300Improvement $4,117,700

Market / AVM

$5,466,000

Property tax 2025

$55,599

Annual bill — the sale list gives no amount owed

Property facts enriched via realestateapi · 9/29/2026

Ownership Information

Owner 1 Name: Evelyn Richter
Mailing Address: 927 N Northlake Way Ste 200, Seattle, WA 98103
Owner Type: Individual
Corporate Owned: No

Property Characteristics

Heating Type: Other
Garage Type: Garage

Deal analysis

School	Type	Grades	Rating	Enrollment
B F Day Elementary School	Public	K-5	8	283
West Woodland Elementary School	Public	K-5	8	566
Hamilton International Middle School	Public	6-8	7	986
Roosevelt High School	Public	9-12	9	1,867
Ballard High School	Public	9-12	8	1,930

Sale Date	Recorded	Amount	Document	Doc #	Arm's Length	Method	Buyer	Seller
04/04/1996	04/05/1996	$35,000	Warranty Deed	9604051196	Yes	Cash Purchase	Barry D Knowles, Caroline R Knowles	Raymond Billington
10/23/1995	07/10/1996	$4,500	Quit Claim Deed	9607100151	No	Cash Purchase	Evelyn Richter	Gae Elissa Bowman

Your maximum bid

$3,336,076

Walk away above this. Projected profit at the ceiling: $1,639,800 (30% of ARV).

Confidence: medium — ARV from a provider market estimate, not comps.

History-guided suggestion

$3,002,468

Under max by $333,608

≤ oracle maxBid

Co-pilot target using recorded auction history. Never above your maximum bid.

History sample

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Median sold

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p(redeem) prior

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No historical bucket for WA|Tax Deed; suggestion uses oracle only.

Your assumptions

After-repair value (ARV)

Override the derived estimate with real comps

Rehab budget

You cannot inspect before bidding — budget for the worst plausible condition

Known surviving liens

Municipal code enforcement, special assessments, federal tax liens

Target margin — 30%

Required profit as a share of ARV. 30% is a common floor for tax-sale flips.

How that number is built

Provider market estimate of $5,466,000. This is an as-is valuation, not an after-repair one — enter your own comparable-sales figure if the property needs work.

After-repair value: $5,466,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$437,280
Rehabassumed No rehab budget entered — assumed $0. Tax-sale parcels are sold unseen and un-inspected; this is rarely correct.: −$0
Quiet title (required)assumed Midpoint of the typical WA range ($1,800–$5,000, ~5 months).: −$3,400
Deed recording and transferassumed Typical WA recording and deed issuance cost.: −$250
Holding costs (6 months)assumed Taxes, insurance, and securing the property at ~$8,199/month.: −$49,194
Surviving liensassumed Assumed $0 — not verified. Municipal code-enforcement liens, special assessments, and federal tax liens can survive the sale.: −$0
Target profit (30% of ARV): −$1,639,800
Maximum bid: $3,336,076

Before you bid

Rehab is assumed to be $0. You cannot inspect these properties before bidding — budget for the worst plausible condition.
Surviving liens assumed $0. A WASHINGTON TAX DEED CAN BE UNWOUND FOR THREE YEARS AND THE RECORD WILL NOT WARN YOU. RCW 84.64.070: "If the real property of any minor, or any person adjudicated to be legally incompetent, be sold for nonpayment of taxes, the same may be redeemed at any time within three years after the date of sale." Nothing in a title search reveals that a former owner was a minor or had been adjudicated incompetent, so this is a latent claim on every Washington parcel for three years. It is the reason quietTitle is marked required in a state whose deed is otherwise clean.
This is the most trustworthy derived ARV in the file — full market value, revalued every year — but the parcel is only physically inspected once every six years, so an annual revaluation is a model applied to a property nobody has looked at recently. On a tax-foreclosure parcel, where deterioration is the norm and is exactly what a model of comparable sales will miss, the assessment is likely to describe a building in better condition than the one being sold. Farm, agricultural, timber and open space land also has its own valuation basis outside RCW 84.40.030 and will sit far below market.

927 N Northlake Way

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

927 N Northlake Way

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

Building Size

Land/Location Information

Legal Description

Tax Assessment Information

Last Non-Arm's Length Ownership Transfer

Recording Information

Buyer/Seller Information

Last Arm's Length Sale Information

Recording Information

Buyer/Seller Information

Distress Flags

Area

Fair Market Rents

Schools

Tax Assessment Information

Sale History

County records

King County rules

Historical comps

Verify before you bid