Listed by Coldwell Banker Bain, Bought with Windermere R E Mount Baker
NOT LISTED FOR SALE

Estimated Value: $827,000 - $854,304

4 Beds
2 Baths
1,880 Sq Ft
$447/Sq Ft Est. Value

Last Sold March 16, 2023

Last sale price $755,000 $402 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,013/month

2 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Property is near a preserve or public land
  • Thurgood Marshall Elementary School Rated A
  • No HOA
  • 1-minute walk to Judkins Skatepark

About This Home

As of March 2023

This charmer of a 1900s Duplex hits all the marks for a stellar investment. First - location. Judkins Park is at the end of the street, the future light rail station is 2 blocks away, & there are fabulous dining options in every direction. And dream urban oasis. Next - rental income. Each unit is 2BRs/1 BA and both were rented in 2022 for a total of $3,150/ month. The upstairs unit is spacious and full of vintage charm, while the downstairs unit is bright and cozy with easy access to the back yard. Rent the whole house or live in one unit and rent the other to help cover your mortgage. Finally - development potential. Whether you're remodeling, rebuilding or adding a ADU - the possibilities for this home and property are numerous.

Last Agent to Sell the Property

Kim Colaprete

Coldwell Banker Bain License #18291 Listed on: 02/08/2023

Coldwell Banker Bain

Co-Listed By

Donna Burns

Coldwell Banker Bain License #138724

Last Buyer's Agent

Sarah Rudinoff

Windermere R E Mount Baker License #82425

Windermere R E Mount Baker

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2034329

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,030

Year Built

  • Built in 1904

Lot Details

  • 3,840 Sq Ft Lot
  • Street terminates at a dead end

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,880 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Ceramic Tile

Parking

  • 2 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Schools

  • Thurgood Marshall El Elementary School
  • Wash Mid Middle School
  • Garfield High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Seattle Homestead Assn Condos
  • Judkins Subdivision
  • Property is near a preserve or public land

Listing and Financial Details

  • Legal Lot and Block 7 / 2
  • Assessor Parcel Number 7658600150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,030

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1904
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Seattle Homestead Assn
  • New Construction: No
  • CalculatedSquareFootage: 1880
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Ceramic Tile, Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks

Exterior Features

  • Roof: Composition
  • Lot Features: Adjacent to Public Land, Curbs, Dead End Street, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: Seattle City Light
  • SewerCompany: Seattle Public Utilities
  • WaterCompany: Seattle Public Utilities
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle
  • High School: Garfield High
  • Middle Or Junior School: Wash Mid

Lot Info

  • Parcel Number: 7658600150
  • Lot Size Acres: 0.0882
  • Lot Size Sq Ft: 3840
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,High Speed Internet
  • MLSLotSizeSource: Title
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 7

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 21.71
  • LeasedItems: None
  • TotalMonthlyIncome: 3150

Multi Family

  • Gross Scheduled Income: 35228
  • Net Operating Income: 27628
  • Number Of Units Total: 2
  • Insurance Expense: 1171.6
  • Leasable Area: 1880
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 4

Tax Info

  • Year: 2022
  • Tax Annual Amount: 6030.48

MLS Schools

  • Elementary School: Thurgood Marshall El

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2023
Closed on
Mar 9, 2023
Sold by
Dragnich Paul A and Dragnich Andrea
Bought by
Clement Bethany Jean
Seller's Agent
Kim Colaprete
Coldwell Banker Bain
Buyer's Agent
Sarah Rudinoff
Windermere R E Mount Baker
List Price
$765,000
Sold Price
$755,000
Premium/Discount to List
-$10,000
-1.31%
Views
13
Current Estimated Value
$840,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,768
Avg. Annual Appreciation
4.24%
Original Mortgage
$355,000
Outstanding Balance
$343,775
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$496,993

Purchase Details

Listed on
Jun 2, 2014
Closed on
Jun 30, 2014
Sold by
Gearman Jean M
Bought by
Dragnich Paul A
Seller's Agent
Cari Sulcer
Windermere Real Estate Co.
Buyer's Agent
Kim Colaprete
Coldwell Banker Bain
List Price
$395,000
Sold Price
$435,000
Premium/Discount to List
$40,000
10.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.54%
Original Mortgage
$396,393
Interest Rate
4.09%
Mortgage Type
VA

Purchase Details

Closed on
May 1, 1985
Sold by
Patricelli Fred and Patricelli Mary M
Bought by
Gearman Jean M
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
Clement Bethany Jean $755,000 Rainier Title
Dragnich Paul A $435,000 Old Republic T
Gearman Jean M $41,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clement Bethany Jean $355,000
Previous Owner Dragnich Paul A $396,393
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/16/2023 03/16/23 Sold $755,000 -1.3% $402 / Sq Ft
02/10/2023 02/10/23 Pending -- -- --
02/08/2023 02/08/23 For Sale $765,000 +75.9% $407 / Sq Ft
07/07/2014 07/07/14 Sold $435,000 +10.1% $204 / Sq Ft View Prior Sale
06/10/2014 06/10/14 Pending -- -- --
06/02/2014 06/02/14 For Sale $395,000 -- $185 / 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 $7,248 $724,000 $496,000 $228,000
2023 $6,917 $704,000 $496,000 $208,000
2022 $6,514 $743,000 $428,000 $315,000
2021 $6,254 $683,000 $389,000 $294,000
2020 $5,332 $622,000 $352,000 $270,000
2018 $4,662 $538,000 $317,000 $221,000
2017 $3,726 $449,000 $271,000 $178,000
2016 $3,534 $367,000 $226,000 $141,000
2015 $3,081 $341,000 $210,000 $131,000
2014 -- $303,000 $162,000 $141,000
2013 -- $212,000 $193,000 $19,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2034329

Northwest Multiple Listing Service (NWMLS)

APN: 765860-0150