Security software co. VP buys in Magnolia

Medium 57cf5d297630005937df140b75c4dd7a Martin Arthur Yam and Marjorie Ann Yam bought a three-bedroom, one-bath home at 2029 30th Ave. in Seattle's Magnolia neighborhood from Keith L. Wilson and John F. Sevick for $730,000 on Dec. 3.

The 3,140-square-foot home was built in 1959.

Mr. Yam is vice president of business development at AdmitOne, a security software company based in Issaqua.

He previously was vice president of worldwide sales for Arcot Systems, Inc., a provider of secure e-payment, authentication credential management and digital signature software solutions. He also was vice president of sales and services at Questerra, a company providing information technology and services to other companies. He also held the vice president of sales and services position at ValiCert and executive potions at Oracle, Informix and Accrue Software, among others.

He received his B.S. in business administration and M.S. in management and technology from American University in Washington.

There were 130 sales in Seattle in 2008, with a median sales price of $507,500.

Address: 2029 30th Avenue W
Buyer(s): Martin Arthur Yam (Trustee), Marjorie Ann Yam (Trustee) and Yam (Revocable Trust)
Seller(s): Keith L Wilson (Personal Representative) and John F Sevick (Estate)
Sale date: Dec. 3, 2008

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