Listed by Paragon Real Estate Advisors, Bought with AgencyOne
NOT LISTED FOR SALE

1015 E Jefferson St Seattle, WA 98122

Minor Neighborhood

Estimated Value: $1,006,000 - $1,356,397

6 Beds
3 Baths
2,080 Sq Ft
$597/Sq Ft Est. Value

Sale Details

Date Sold: October 18, 2018

Last sale price $1,225,000 $589 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $7,422 / mo

48 Days on Market

Highlights

  • Wall to Wall Carpet
  • Washington Middle School Rated A-
  • 3-minute walk to 12th Ave Square Park

About This Home

As of October 2018

Fantastic opportunity to purchase a well-maintained triplex located in an excellent rental market. All two-bedroom units with on-site parking and a low maintenance design with minimal common areas and landscaping. Corner lot zoned midrise. Close to Seattle University, Swedish First Hill and Cherry Hill campuses, the First Hill Streetcar and easy access to light rail and public transit.

Last Agent to Sell the Property

Cathy Jeney

Paragon Real Estate Advisors License #18893 Listed on: 07/10/2018

Co-Listed By

David Petersen

Westlake Associates, Inc. License #7352

Last Buyer's Agent

Friska Ping Lim

AgencyOne License #86373

AgencyOne

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1325109

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,166

Year Built

  • Built in 1988

Lot Details

  • 1,980 Sq Ft Lot

Parking

  • Open Parking

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,080 Sq Ft Home
  • 3-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Community Details

  • Central Area Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2197600376

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,166

Year Built

Built in 1988

Lot Details

1,980 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1988
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2080
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Hardwood
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Triplex

Garage/Parking

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

Utilities

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

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 2197600376
  • Lot Size Acres: 0.0455
  • Lot Size Sq Ft: 1980
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 18
  • LeasedItems: None
  • TotalMonthlyIncome: 5903

Tax Info

  • Year: 2018
  • Tax Annual Amount: 5166

Multi Family

  • Number Of Units Total: 3
  • UnitsBelowGrade: true

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2018
Closed on
Oct 11, 2018
Sold by
Cao Investments Llc
Bought by
Seattle Northwest Llc
Seller's Agent
Cathy Jeney
Paragon Real Estate Advisors
Buyer's Agent
Friska Ping Lim
AgencyOne
List Price
$1,295,000
Sold Price
$1,225,000
Premium/Discount to List
-$70,000
-5.41%
Current Estimated Value
$1,255,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,033
Avg. Annual Appreciation
0.17%
Original Mortgage
$735,000
Outstanding Balance
$644,347
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$596,502

Purchase Details

Closed on
Sep 12, 2014
Sold by
Cochran Lani Cao and Cao Lani
Bought by
Cao Investments Llc

Purchase Details

Closed on
Jul 8, 1993
Sold by
Gaylord Phillip M
Bought by
Cao Lani
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
Seattle Northwest Llc $1,225,000 First American Title
Cao Investments Llc -- None Available
Cao Lani $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seattle Northwest Llc $735,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2018 10/18/18 Sold $1,225,000 -5.4% $589 / Sq Ft
08/27/2018 08/27/18 Pending -- -- --
08/13/2018 08/13/18 For Sale $1,295,000 0.0% $623 / Sq Ft
07/30/2018 07/30/18 Pending -- -- --
07/10/2018 07/10/18 For Sale $1,295,000 -- $623 / 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 $7,959 $817,000 $374,000 $443,000
2023 $7,612 $795,000 $374,000 $421,000
2022 $7,230 $838,000 $323,000 $515,000
2021 $6,929 $777,000 $294,000 $483,000
2020 $5,907 $707,000 $266,000 $441,000
2018 $5,166 $613,000 $147,000 $466,000
2017 $4,122 $511,000 $126,000 $385,000
2016 $3,916 $418,000 $105,000 $313,000
2015 $3,412 $388,000 $98,000 $290,000
2014 -- $345,000 $76,000 $269,000
2013 -- $357,000 $101,000 $256,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1325109

Northwest Multiple Listing Service (NWMLS)

APN: 219760-0376

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