Listed by COMPASS, Bought with Keller Williams Rlty Bellevue
NOT LISTED FOR SALE

Estimated Value: $1,522,000 - $2,516,588

6 Beds
3 Baths
3,040 Sq Ft
$615/Sq Ft Est. Value

Last Sold January 09, 2019

Last sale price $2,100,000 $691 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $11,210/month

Highlights

  • Deck
  • Wood Flooring
  • Wood Siding
  • Garfield High School Rated A
  • High Speed Internet
  • 4-minute walk to Cal Anderson Park

About This Home

As of January 2019

Fully leased well into 2019! Perfect for multiple investment profiles. Could be 1031, condo conversion, passive/absentee, or owner/operator live-in with VRBO units in the heart of Capitol Hill. Great cash-flow with future potential to densify/assemble under LR3 zoning. Fully remodeled with all updated systems and designer interiors. No deferred maintenance and utilities paid by tenants. Across from Cal Anderson Park and 1 block to Capitol Hill light rail station so walking and commuter friendly.

Last Agent to Sell the Property

Michael Orbino

COMPASS License #18876 Listed on: 01/09/2019

COMPASS

Last Buyer's Agent

Tomoko Morita

Keller Williams Rlty Bellevue License #26286

Keller Williams Rlty Bellevue

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1403051

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,510

Year Built

  • Built in 1905

Lot Details

  • 2,614

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Utilities

  • High Speed Internet
  • Cable TV Available

Additional Features

  • 3-Story Property
  • Deck

Community Details

  • 3 Units
  • Capitol Hill Community

Listing and Financial Details

  • Assessor Parcel Number 6003501081

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,510

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Style: 53 - Tri-Plex
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Estimated Sq Ft: 3040

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: Seattle City Light
  • Sewer: Sewer Connected
  • Sewer Company: City of Seattle
  • Water Company: City of Seattle
  • Water Source: Public

Condo/Co-op/Association

  • Numberof Units in Building: 3
  • Community Name: Capitol Hill

Schools

  • Elementary School: Lowell
  • Middle School: Meany Mid
  • High School: Garfield High
  • School District: SEA

Lot Info

  • Lot Number: 11-12
  • General Zoning Classification: Residential
  • Lot Details: Curbs, Sidewalk
  • Lot Sq Ft: 2401
  • Parcel Number: 6003501081
  • Zoning Jurisdiction: City

Multi Family

  • Gross Adjusted Income: 104472
  • Total Monthly Income: 8395

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2019
Closed on
Nov 13, 2018
Sold by
Duncan Robert B and The Robert B Duncan Living Tru
Bought by
Aoyama Mitsuru
Seller's Agent
Michael Orbino
COMPASS
Buyer's Agent
Tomoko Morita
Keller Williams Rlty Bellevue
List Price
$2,100,000
Sold Price
$2,100,000
Current Estimated Value
$1,870,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$229,603
Avg. Annual Appreciation
-1.70%
Original Mortgage
$700,000
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 29, 2018
Sold by
Aoyama Keiko
Bought by
Aoyama Mitsuru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 22, 2018
Sold by
Duncan Robert Bowie and Duncan Rachel Solomon
Bought by
Duncan Rachel Solomon and Duncan Robert Bowie

Purchase Details

Closed on
Jun 10, 2017
Sold by
Ffid Llc
Bought by
Duncan Robert Bowie and Duncan Rachel Solomon

Purchase Details

Closed on
Aug 20, 2015
Sold by
Bowie Duncan Robert and Solomon Duncan Rachel
Bought by
Ffid Llc

Purchase Details

Closed on
Apr 4, 2015
Sold by
Ffid Llc
Bought by
Duncan Robert Bowie and Duncan Rachel Solomon

Purchase Details

Closed on
Jun 3, 2013
Sold by
Duncan Robert Bowie and Duncan Rachel Solomon
Bought by
Ffid Llc

Purchase Details

Closed on
Sep 15, 2010
Sold by
Bac Home Loans Servicing Lp
Bought by
Duncan Robert Bowie and Duncan Rachel Solomon

Purchase Details

Closed on
Aug 4, 2009
Sold by
Talevich Michael and Talevich Melissa V
Bought by
Bac Home Loans Servicing Lp
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 Buyer Sale Price Title Company
Aoyama Mitsuru $2,100,000 First American Title Company
Aoyama Mitsuru -- First American Title
Duncan Rachel Solomon -- None Available
Duncan Robert Bowie -- None Available
Ffid Llc -- None Available
Duncan Robert Bowie -- None Available
Ffid Llc -- None Available
Duncan Robert Bowie $460,000 First American
Bac Home Loans Servicing Lp $455,574 Fidelity Natio
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aoyama Mitsuru $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2019 01/09/19 Sold $2,100,000 0.0% $691 / Sq Ft
01/09/2019 01/09/19 For Sale $2,100,000 -- $691 / 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 $15,510 $1,637,000 $788,000 $849,000
2023 $14,445 $1,549,000 $751,000 $798,000
2022 $13,673 $1,679,000 $476,000 $1,203,000
2021 $13,462 $1,506,000 $410,000 $1,096,000
2020 $13,738 $1,408,000 $385,000 $1,023,000
2018 $12,561 $1,540,000 $397,000 $1,143,000
2017 $10,681 $1,284,000 $339,000 $945,000
2016 $9,657 $1,127,000 $283,000 $844,000
2015 $8,397 $993,000 $263,000 $730,000
2014 -- $882,000 $203,000 $679,000
2013 -- $749,000 $218,000 $531,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1403051

Northwest Multiple Listing Service (NWMLS)

APN: 600350-1081