Listed by Real Broker LLC
$325,000
SOLD DEC 18, 2015
-- Bed
-- Bath
3,976 Sq Ft
6,675 Sq Ft Lot

Recently Sold

$82 Per Sq Ft

4% Below List Price

6 Days on Market

Highlights

  • Territorial View
  • Wood Siding
  • Wall to Wall Carpet

About This Home

As of August 2024

Investor alert! SEATTLE 4-PLEX with huge upside potential. Cosmetic Fixer: a little bit of work could bring significant equity and income (similar buildings in the area are selling for $425-475k). Currently fully-occupied by long-term tenants; receiving $2850/mo income. Unit mix consists of (2) 2bed/2bath, (1) 2bed/1bath, and (1) 1bed/1bath units. Attached laundry room. Interiors in good shape; tons of off-street parking; roof less than 10 years old. Conveniently located.

Last Agent to Sell the Property

Charles Burnett

Real Broker LLC License #50261 Listed on: 12/02/2015

Co-Listed By

Nicholas Vilvandre'

Keller Williams Downtown Sea License #107068

Keller Williams Downtown Sea

Last Buyer's Agent

Nicholas Vilvandre'

Keller Williams Downtown Sea License #107068

Keller Williams Downtown Sea

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 873558

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,359

Year Built

  • Built in 1962

Lot Details

  • 6,675 Sq Ft Lot

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,976 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 7 Parking Spaces
  • Open Parking

Community Details

  • Boulevard Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5624200775

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,359

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1962
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3976
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: *3%*
  • Special Features: None
  • Cumulative Days on Market: 332

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • View: Territorial
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Total Parking Spaces: 7
  • ParkingUncoveredSpaces: 5

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 3900

Schools

  • Junior High Dist: Highline

Lot Info

  • Parcel Number: 5624200775
  • Lot Size Acres: 0.1532
  • Lot Size Sq Ft: 6675
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 9
  • LeasedItems: None
  • TotalMonthlyIncome: 2850

Multi Family

  • Gross Scheduled Income: 34200
  • Net Operating Income: 25041
  • Number Of Units Total: 4
  • Insurance Expense: 900
  • Leasable Area: 3016
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2015
  • Tax Annual Amount: 4359

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2024
Closed on
Aug 12, 2024
Sold by
Brown Will
Bought by
Rainier Cyl Llc
Buyer's Agent
Lia Huang
Globenex Realty
List Price
$810,000
Sold Price
$810,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.43%
Original Mortgage
$814,900
Outstanding Balance
$139,768
Interest Rate
6.95%
Mortgage Type
Construction
Estimated Equity
$687,936

Purchase Details

Listed on
Mar 29, 2018
Closed on
Jun 4, 2018
Sold by
Stanikzy Azim
Bought by
Brown Will
Seller's Agent
Rick Juma
Aqua
Buyer's Agent
Matthew Gerrish
Premier Real Estate Partners
List Price
$649,900
Sold Price
$649,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.62%
Original Mortgage
$671,346
Interest Rate
4.5%

Purchase Details

Listed on
Dec 2, 2015
Closed on
Dec 16, 2015
Sold by
Quintero Lydia and Fernandez Lydia Q
Bought by
Stanikzy Azim
Seller's Agent
Charles Burnett
Real Broker LLC
Buyer's Agent
Nicholas Vilvandre'
Keller Williams Downtown Sea
List Price
$339,000
Sold Price
$325,000
Premium/Discount to List
-$14,000
-4.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.24%

Purchase Details

Closed on
Jan 20, 2009
Sold by
Fernandez Lydia and Fernandez Ceferino
Bought by
Quintero Lydia

Purchase Details

Closed on
May 25, 1989
Sold by
Masterson Eugene C and Masterson Jolenta M
Bought by
Fernandez Ceferino A and Fernandez Lydia Q
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $790,000 Fidelity National Title
Warranty Deed $649,900 Fidelity National Title
Warranty Deed $325,000 Old Republic T
Warranty Deed -- None Available
Warranty Deed $117,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $814,900 Construction
Previous Owner $678,717 FHA
Previous Owner $671,346 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 For Sale $999,000 +23.3% $310 / Sq Ft
08/16/2024 08/16/24 Sold $810,000 0.0% $269 / Sq Ft
08/16/2024 08/16/24 For Sale $810,000 +24.6% $269 / Sq Ft
06/11/2018 06/11/18 Sold $649,900 0.0% $163 / Sq Ft
04/24/2018 04/24/18 Pending -- -- --
04/17/2018 04/17/18 For Sale $649,900 0.0% $163 / Sq Ft
04/15/2018 04/15/18 Pending -- -- --
03/29/2018 03/29/18 For Sale $649,900 +100.0% $163 / Sq Ft
12/18/2015 12/18/15 Sold $325,000 -4.1% $82 / Sq Ft
12/09/2015 12/09/15 Pending -- -- --
12/02/2015 12/02/15 For Sale $339,000 -- $85 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,691 $687,000 $133,500 $553,500
2023 $9,145 $710,000 $126,800 $583,200
2022 $8,434 $710,000 $116,800 $593,200
2021 $8,487 $615,000 $118,000 $497,000
2020 $8,294 $587,000 $118,000 $469,000
2018 $5,519 $390,000 $95,000 $295,000
2017 $5,113 $334,000 $82,500 $251,500
2016 $4,443 $313,000 $82,500 $230,500
2015 -- $280,000 $57,000 $223,000
2014 -- $271,000 $57,000 $214,000
2013 -- $244,000 $57,000 $187,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 873558

Northwest Multiple Listing Service (NWMLS)

APN: 562420-0775