Listed by eXp Realty, Bought with HomeSmart Real Estate Assoc
NOT LISTED FOR SALE

Estimated Value: $1,109,000 - $1,122,467

1 Bed
-- Bath
3,516 Sq Ft
$317/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $1,020,000 $290 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,726/month

43 Days on Market

Highlights

  • Deck
  • Open Space
  • Baseboard Heating
  • No HOA
  • Vinyl Plank Flooring
  • Partially Fenced Property

About This Home

As of October 2023

Heart of Burien 4-plex in an exceptional location! All units are 2bed,1bath with washer/dryers in each unit. The park-like setting adds an escape from city living and a sense of calm as you enter the property. Professionally maintained building & potential to increase existing rents on As-Is units or do more upgrades to add your value. 2/4 units have newer cabinets & updates. One unit left vacant & move-in ready for purposes of the sale. Opportunity to bring more updates to create your own vibe & plan from the start. High walkability to coffee, restaurants, grocery, pharmacy and easy and quick access to freeways. Jump to SeaTac in approx. 10 min & DT Seattle in less than 30 min! 6 uncovered parking spaces on-site & add’l prkg on 148th.

Last Agent to Sell the Property

Julie Clark

eXp Realty License #104712 Listed on: 07/28/2023

eXp Realty

Last Buyer's Agent

Girmaye G Mariam

HomeSmart Real Estate Assoc License #140915

HomeSmart Real Estate Assoc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2144399

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,082

Year Built

  • Built in 1987

Lot Details

  • 7,620 Sq Ft Lot
  • Open Space
  • Partially Fenced Property

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,516 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Utilities

  • Baseboard Heating
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Burien Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1899400085

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,082

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1987
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3516
  • Special Features: VirtualTour

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Vinyl Plank, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Open Space, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Stucco, Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: City of Seattle
  • SewerCompany: SW Suburban Sewer
  • WaterCompany: Water District #49
  • WaterSewerGarbage: 1260

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Highline
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 1899400085
  • Lot Size Acres: 0.1749
  • Lot Size Sq Ft: 7620
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially
  • MLSLotSizeSource: King County Records

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 15.97
  • LeasedItems: None
  • TotalMonthlyIncome: 1200

Multi Family

  • Gross Scheduled Income: 67320
  • Net Operating Income: 52052
  • Number Of Units Total: 4
  • Insurance Expense: 1526
  • Leasable Area: 3516
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 10082

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2023
Closed on
Oct 5, 2023
Sold by
Sprague Max B and Sprague Krista
Bought by
Dawit Bethlehem E and Akamo Endalkachew D
Seller's Agent
Julie Clark
eXp Realty
Buyer's Agent
Girmaye G Mariam
HomeSmart Real Estate Assoc
List Price
$1,125,000
Sold Price
$1,020,000
Premium/Discount to List
-$105,000
-9.33%
Views
11
Current Estimated Value
$1,115,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,734
Avg. Annual Appreciation
1.23%
Original Mortgage
$799,500
Outstanding Balance
$787,542
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$256,633

Purchase Details

Closed on
Feb 23, 1990
Sold by
Gordon Gary E and Gordon Sharon
Bought by
Sprague Max B and Sprague Krista
Source: Public Records

Range of Values:

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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
Dawit Bethlehem E $1,020,000 None Listed On Document
Sprague Max B $182,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dawit Bethlehem E $799,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2023 10/31/23 Sold $1,020,000 -5.1% $290 / Sq Ft
09/09/2023 09/09/23 Pending -- -- --
08/28/2023 08/28/23 Price Changed $1,075,000 -4.4% $306 / Sq Ft
07/28/2023 07/28/23 For Sale $1,125,000 -- $320 / 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 $9,722 $853,000 $182,800 $670,200
2023 $10,082 $879,000 $175,200 $703,800
2022 $10,727 $908,000 $175,200 $732,800
2021 $10,028 $857,000 $170,100 $686,900
2020 $9,191 $773,000 $164,700 $608,300
2018 $7,221 $619,000 $128,000 $491,000
2017 $6,639 $501,000 $112,600 $388,400
2016 $5,795 $465,000 $112,600 $352,400
2015 $5,405 $418,000 $115,000 $303,000
2014 -- $372,000 $115,000 $257,000
2013 -- $391,000 $115,000 $276,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2144399

Northwest Multiple Listing Service (NWMLS)

APN: 189940-0085