Listed by Paragon Real Estate Advisors, Bought with Windermere R.E. Shoreline
NOT LISTED FOR SALE

Estimated Value: $1,154,000 - $1,352,589

3 Beds
2 Baths
2,200 Sq Ft
$565/Sq Ft Est. Value

Sale Details

Date Sold: March 16, 2020

Last sale price $1,120,000 $509 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $7,419 / mo

14 Days on Market

Highlights

  • Wood Siding
  • B.F. Day Elementary School Rated A-
  • 3-minute walk to Troll's Knoll Park

About This Home

As of March 2020

Attractive triplex with units featuring spectacular views of South Lake Union and Downtown. This A+ location offers an investor or owner occupant the opportunity to purchase a 3 unit building that was fully updated in 2011. The property features updated kitchens, bathrooms, flooring, windows, electrical and plumbing. The property provides a prospective buyer a great opportunity to own an income producing rental with significant upside in an irreplaceable location.

Last Agent to Sell the Property

Michael Urquhart

Paragon Real Estate Advisors License #135356 Listed on: 02/06/2020

Co-Listed By

Brian Platt

Paragon Real Estate Advisors License #85375

Last Buyer's Agent

Brian Alfi

Windermere R.E. Shoreline License #21010998

Windermere R.E. Shoreline

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1562078

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,985

Year Built

  • Built in 1901

Lot Details

  • 3,354 Sq Ft Lot

Parking

  • Open Parking

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property

Community Details

  • Fremont Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1972202375

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,985

Year Built

Built in 1901

Lot Details

3,354 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1901
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2200
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Interior Amenities: Forced Air
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

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

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 3

Utilities

  • Sewer: Sewer Connected
  • Utilities: Sewer Connected, Electric

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 1972202375
  • Lot Size Acres: 0.077
  • Lot Size Sq Ft: 3354
  • 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: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 5600

Tax Info

  • Year: 2019
  • Tax Annual Amount: 6985

Multi Family

  • Number Of Units Total: 3
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2024
Sold by
Alfi Lisa and Alfi Eliass
Bought by
Seven Firs Llc
Current Estimated Value
$1,243,863

Purchase Details

Listed on
Feb 6, 2020
Closed on
Mar 13, 2020
Sold by
James Daniel G and James Rhonda H
Bought by
Alfi Eliass and Alfi Lisa
Seller's Agent
Michael Urquhart
Paragon Real Estate Advisors
Buyer's Agent
Brian Alfi
Windermere R.E. Shoreline
List Price
$1,095,000
Sold Price
$1,120,000
Premium/Discount to List
$25,000
2.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.73%
Original Mortgage
$896,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2010
Sold by
Brown Graham L
Bought by
James Daniel G and James Rhonda H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
4.95%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 11, 2008
Sold by
Littel John J
Bought by
Brown Graham L

Purchase Details

Closed on
Apr 6, 1990
Sold by
Sukovaty Beckey D
Bought by
Littel John J
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
Seven Firs Llc $313 None Listed On Document
Alfi Eliass $1,120,000 Fidelity National Title
James Daniel G $275,000 Commonwealth L
Brown Graham L $375,000 Fidelity National Title
Littel John J $15,044 --
Littel John J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alfi Eliass $896,000
Previous Owner James Daniel G $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2020 03/16/20 Sold $1,120,000 +2.3% $509 / Sq Ft
02/20/2020 02/20/20 Pending -- -- --
02/06/2020 02/06/20 For Sale $1,095,000 -- $498 / 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 $10,444 $1,067,000 $740,000 $327,000
2023 $9,834 $1,022,000 $726,000 $296,000
2022 $9,206 $1,142,000 $660,000 $482,000
2021 $7,570 $984,000 $581,000 $403,000
2020 $7,556 $761,000 $235,000 $526,000
2018 $7,024 $795,000 $248,000 $547,000
2017 $6,186 $696,000 $218,000 $478,000
2016 $5,754 $633,000 $198,000 $435,000
2015 $5,232 $575,000 $181,000 $394,000
2014 -- $535,000 $163,000 $372,000
2013 -- $470,000 $144,000 $326,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1562078

Northwest Multiple Listing Service (NWMLS)

APN: 197220-2375

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