Listed by Windermere Real Estate Co., Bought with Best Choice Network LLC
NOT LISTED FOR SALE

1003 E Jefferson St Seattle, WA 98122

Minor Neighborhood

Estimated Value: $1,610,302 - $1,761,000

Studio
-- Bath
2,709 Sq Ft
$620/Sq Ft Est. Value

Sale Details

Date Sold: May 18, 2016

Last sale price $1,160,000 $428 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $8,949 / mo

1 Day on Market

Highlights

  • Deck
  • Wood Flooring
  • Wood Siding
  • Washington Middle School Rated A-
  • Corner Lot
  • 4-minute walk to Horiuchi Park

About This Home

As of May 2016

Located in one of the most desirable areas of the City, this 4-unit property is across the street from Seattle University & is near all that IS Capitol Hill. Fabulous investment opportunity now & w/interior upgrades the rents could soar! This property is Zoned MR. Value is also in the land/developing this property. Units have private entrances & own electric meters; owner pays WSG. Coin operated washer & dryer in common area. Rents are current & expenses are 2015.

Last Agent to Sell the Property

Pamela Jensen

Windermere Real Estate Co. License #11256 Listed on: 05/03/2016

Windermere Real Estate Co.

Last Buyer's Agent

Si Yi

Best Choice Network LLC License #86072

Best Choice Network LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 936182

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,632

Year Built

  • Built in 1906

Lot Details

  • 3,600 Sq Ft Lot
  • Corner Lot
  • Value in Land
  • Property is in average condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,709 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Outdoor Features

  • Deck

Utilities

  • Natural Gas Connected
  • Cable TV Available

Community Details

  • Capitol Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2197600370

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,632

Year Built

Built in 1906

Lot Details

3,600 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1906
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2709
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Residential, See Remarks
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Forced Air, Hardwood, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk, Value In Land
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: Seattle
  • SewerCompany: Seattle
  • WaterCompany: Seattle

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 2197600370
  • Lot Size Acres: 0.0826
  • Lot Size Sq Ft: 3600
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck
  • MLSLotSizeSource: PKCR
  • ZoningClass: Multi-Family,Residential,See Remarks

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 17
  • LeasedItems: None
  • TotalMonthlyIncome: 5000

Tax Info

  • Year: 2015
  • Tax Annual Amount: 6632

Multi Family

  • Number Of Units Total: 4
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2016
Closed on
May 17, 2016
Sold by
Investment Girls Llc
Bought by
Tan Xiaoxi and Cui Lan
Seller's Agent
Pamela Jensen
Windermere Real Estate Co.
Buyer's Agent
Si Yi
Best Choice Network LLC
List Price
$1,025,000
Sold Price
$1,160,000
Premium/Discount to List
$135,000
13.17%
Current Estimated Value
$1,449,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,498
Avg. Annual Appreciation
3.81%

Purchase Details

Closed on
Mar 21, 2014
Sold by
Kochman Jeffrey J and Kochman Kim M
Bought by
Investment Girls Llc

Purchase Details

Closed on
Sep 30, 1998
Sold by
Whalen Daniel P
Bought by
Kochman Jeffrey J and Kochman Kim M

Purchase Details

Closed on
Apr 22, 1992
Sold by
Cano Rodolfo and Cano Delia C
Bought by
Kochman Jeffrey and Kochman Kim+Whalen D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Buyer Sale Price Title Company
Tan Xiaoxi $1,160,000 Cw Title
Investment Girls Llc $725,000 Chicago Title
Kochman Jeffrey J $123,066 Chicago Title Insurance Co
Kochman Jeffrey $150,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2016 05/18/16 Sold $1,160,000 +13.2% $428 / Sq Ft
05/05/2016 05/05/16 Pending -- -- --
05/03/2016 05/03/16 For Sale $1,025,000 -- $378 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $13,712 $1,441,000 $1,440,000 $1,000
2023 $10,102 $1,441,000 $1,440,000 $1,000
2022 $10,922 $1,189,000 $1,188,000 $1,000
2021 $11,467 $1,189,000 $1,188,000 $1,000
2020 $10,845 $1,189,000 $1,188,000 $1,000
2018 $10,351 $1,045,000 $1,044,000 $1,000
2017 $9,068 $1,049,000 $936,000 $113,000
2016 $6,632 $949,000 $540,000 $409,000
2015 $5,871 $671,000 $450,000 $221,000
2014 -- $607,000 $450,000 $157,000
2013 -- $603,000 $450,000 $153,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 936182

Northwest Multiple Listing Service (NWMLS)

APN: 219760-0370

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