Listed by Windermere RE North, Inc., Bought with Windermere Real Estate Midtown
NOT LISTED FOR SALE

Estimated Value: $1,315,000 - $1,559,934

5 Beds
3 Baths
2,140 Sq Ft
$681/Sq Ft Est. Value

Last Sold July 31, 2014

Last sale price $740,000 $346 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $8,307/month

2 Days on Market

Highlights

  • City View
  • Wood Siding
  • 3-minute walk to Miller Triangle
  • Stevens Elementary School Rated A-
  • Wall to Wall Carpet

About This Home

As of July 2014

Triplex in the heart of Capitol Hill just 2 blocks to Madison and immediate access to transportation. This high demand rental is fully rented with long term tenants. Each unit occupies its own floor. W/D in each unit. Units 1 & 2 each have a parking space in the detached garage. Rents are significantly below market rate! Check for yourself. Solid building. Great rental income history.

Last Agent to Sell the Property

Casey Bui

Windermere RE North, Inc. License #17838 Listed on: 06/20/2014

Windermere RE North, Inc.

Last Buyer's Agent

Julie Beall

Windermere Real Estate Midtown License #83296

Windermere Real Estate Midtown

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 628412

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,745

Year Built

  • Built in 1906

Lot Details

  • 3,200 Sq Ft Lot
  • Property is in good condition

Property Views

  • City
  • Mountain
  • Territorial

Home Design

  • Triplex
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,140 Sq Ft Home
  • 3-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces

Community Details

  • Capitol Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5707500050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,745

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1906
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2140
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: City, Mountain(s), Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Property Condition: Good
  • Structure Type: Triplex
  • ConstructionMethods: Standard Frame

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Sewer Connected, Electric

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 5707500050
  • Lot Size Acres: 0.0735
  • Lot Size: 40'W x 80'D
  • Lot Size Sq Ft: 3200
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 18
  • LeasedItems: None
  • TotalMonthlyIncome: 3390

Tax Info

  • Year: 2014
  • Tax Annual Amount: 4745

Multi Family

  • Number Of Units Total: 3
  • UnitsBelowGrade: true

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2020
Sold by
Mirchandani Vivan and Mirchandani Rachna Sarin
Bought by
Mirchandani Vivan and Mirchandani Rachna Sarin
Current Estimated Value
$1,425,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Outstanding Balance
$466,398
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$991,247

Purchase Details

Closed on
Dec 17, 2018
Sold by
Mirchandani Vivan and Mirchandani Rachna Sarin
Bought by
Mirchandani Rachna Sarin and Mirchandani Vivan

Purchase Details

Listed on
Jun 20, 2014
Closed on
Jul 18, 2014
Sold by
Pettigrew Eric
Bought by
Mirchandani Vivan and Mirchandani Rachna Sarin
Seller's Agent
Casey Bui
Windermere RE North, Inc.
Buyer's Agent
Julie Beall
Windermere Real Estate Midtown
List Price
$729,450
Sold Price
$740,000
Premium/Discount to List
$10,550
1.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.08%
Original Mortgage
$500,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2014
Sold by
Pettigrew Eric and Berteaux Pettigrew Jada D
Bought by
Pettigrew Eric

Purchase Details

Closed on
Jun 28, 2004
Sold by
Johnson Tamera R
Bought by
Pettigrew Eric and Berteaux Pettigrew Jada D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,840
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 2000
Sold by
Johnson Tamera R
Bought by
Johnson Tamera R

Purchase Details

Closed on
Aug 31, 1994
Sold by
Vinson Annie L
Bought by
Vinson Annie L
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
Mirchandani Vivan -- Accurate Group Llc
Mirchandani Rachna Sarin -- None Available
Mirchandani Vivan $739,375 Rainier Title
Pettigrew Eric -- None Available
Pettigrew Eric $489,800 Fidelity Natio
Johnson Tamera R -- --
Vinson Annie L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mirchandani Vivan $520,000
Closed Mirchandani Vivan $500,000
Previous Owner Pettigrew Eric $391,840
Closed Pettigrew Eric $73,470
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2014 07/31/14 Sold $740,000 +1.4% $346 / Sq Ft
06/23/2014 06/23/14 Pending -- -- --
06/20/2014 06/20/14 For Sale $729,450 -- $341 / 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 $11,141 $1,161,000 $864,000 $297,000
2023 $10,493 $1,099,000 $823,000 $276,000
2022 $10,770 $1,299,000 $510,000 $789,000
2021 $10,612 $1,165,000 $439,000 $726,000
2020 $10,814 $1,090,000 $412,000 $678,000
2018 $9,319 $1,123,000 $424,000 $699,000
2017 $7,406 $936,000 $362,000 $574,000
2016 $6,693 $765,000 $302,000 $463,000
2015 $5,826 $674,000 $280,000 $394,000
2014 -- $599,000 $216,000 $383,000
2013 -- $433,000 $278,000 $155,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 628412

Northwest Multiple Listing Service (NWMLS)

APN: 570750-0050