Listed by Specialty Real Estate Group, Bought with Kelly Right RE of Seattle LLC
NOT LISTED FOR SALE

Estimated Value: $1,002,000 - $1,711,000

6 Beds
5 Baths
3,220 Sq Ft
$399/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $997,000 $310 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $7,914/month

19 Days on Market

Highlights

  • No HOA
  • Open Space
  • Baseboard Heating
  • Briarcrest Elementary School Rated A
  • Vinyl Plank Flooring

About This Home

As of October 2023

Legal Shoreline Triplex with townhouse style units on a large .27 acre lot! Zoned MUR-35 in 2033, long term tenants with recently vacated 1 bedroom/ 1 bath unit is perfect for owner occupant looking to house hack and minimize mortgage while investing in real estate. Additional units are 3bed/ 1.5 bath and 2 bed/ 1.5 bath. 3 secure garages with new garage doors and additional off street parking. Each unit has own washer and dryer, and are separately metered for electricity. Close to great Shoreline schools, I5, .5 mile from future light rail open 2024, and much more amenities. Rents have plenty of room for increase with light updates. Listing to be removed Tuesday, 9/26 if no offers on updated offer review date.

Last Agent to Sell the Property

Forbes Fu

Specialty Real Estate Group License #94823 Listed on: 09/14/2023

Last Buyer's Agent

Tatyana Hernandez

Kelly Right RE of Seattle LLC License #120579

Kelly Right RE of Seattle LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2162185

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,883

Year Built

  • Built in 1977

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 100x117
  • Open Space
  • Property is in good condition

Home Design

  • Triplex
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,220 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank

Parking

  • 7 Parking Spaces
  • 3 Covered Spaces
  • Open Parking

Utilities

  • Baseboard Heating
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • Shoreline Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6632900711

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,883

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1977
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3220
  • Special Features: None
  • Cumulative Days on Market: 361

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Vinyl Plank, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • Lot Features: Open Space, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Stucco
  • Foundation Details: Slab
  • Property Condition: Good
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 7
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Wall Unit(s)
  • Heating Yn: Yes
  • WaterSewerGarbage: 5400

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Shoreline

Lot Info

  • Parcel Number: 6632900711
  • Lot Size Acres: 0.2697
  • Lot Size: 100x117
  • Lot Size Sq Ft: 11746
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 18.2
  • LeasedItems: None
  • TotalMonthlyIncome: 4990

Multi Family

  • Gross Scheduled Income: 59880
  • Net Operating Income: 38529
  • Number Of Units Total: 3
  • Insurance Expense: 2870
  • Leasable Area: 3220
  • EnergySource: Electric
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2023
  • Tax Annual Amount: 11883

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2023
Closed on
Oct 27, 2023
Sold by
Tam Eddie and Tam Cindy K
Bought by
Sriperambudhuru Prashant and Sriperambudhuru Swetha
Seller's Agent
Forbes Fu
Specialty Real Estate Group
Buyer's Agent
Tatyana Hernandez
Kelly Right RE of Seattle LLC
List Price
$1,128,000
Sold Price
$997,000
Premium/Discount to List
-$131,000
-11.61%
Views
9
Current Estimated Value
$1,270,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,333
Avg. Annual Appreciation
12.57%
Original Mortgage
$747,750
Outstanding Balance
$737,199
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$493,801

Purchase Details

Listed on
Jun 10, 2019
Closed on
Jul 22, 2019
Sold by
Lazelle Aaron
Bought by
Tam Eddie and Tam Cindy
Seller's Agent
Ethan Szmania
The Foundation Group LLC
Buyer's Agent
Forbes Fu
Specialty Real Estate Group
List Price
$900,000
Sold Price
$870,000
Premium/Discount to List
-$30,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.23%
Original Mortgage
$609,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2018
Sold by
Lazelle Aaron A and Harvey A Lazelle Trust
Bought by
Lazelle Aaron A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2016
Sold by
Lazelle Harvey A
Bought by
Lazelle Harvey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,383
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 1998
Sold by
Lazelle Harvey A and Kline Roslyn A
Bought by
Lazelle Harvey A and Kline Rosylyn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,000
Interest Rate
7.17%

Purchase Details

Closed on
Aug 18, 1997
Sold by
Price Jane V
Bought by
Lazelle Harvey A and Kline Roslyn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
7.43%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sriperambudhuru Prashant $997,000 Wfg National Title Company Of
Tam Eddie -- Stewart Title Company
Lazelle Aaron A -- None Available
Lazelle Harvey A -- None Available
Lazelle Harvey A -- Evergreen Title Company Inc
Lazelle Harvey A $265,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sriperambudhuru Prashant $747,750
Previous Owner Tam Eddie $609,000
Previous Owner Lazelle Aaron A $560,000
Previous Owner Lazelle Harvey A $188,383
Previous Owner Lazelle Harvey A $213,000
Previous Owner Lazelle Harvey A $197,000
Previous Owner Lazelle Harvey A $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2023 10/31/23 Sold $997,000 -5.0% $310 / Sq Ft
10/03/2023 10/03/23 Pending -- -- --
09/22/2023 09/22/23 Price Changed $1,050,000 -6.9% $326 / Sq Ft
09/14/2023 09/14/23 For Sale $1,128,000 +29.7% $350 / Sq Ft
07/23/2019 07/23/19 Sold $870,000 -3.3% $270 / Sq Ft
06/20/2019 06/20/19 Pending -- -- --
06/10/2019 06/10/19 For Sale $900,000 -- $280 / 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 $11,497 $1,023,000 $385,000 $638,000
2023 $10,886 $892,000 $340,000 $552,000
2022 $10,802 $1,120,000 $378,000 $742,000
2021 $10,281 $912,000 $313,000 $599,000
2020 $10,907 $790,000 $273,000 $517,000
2018 $8,943 $764,000 $243,000 $521,000
2017 $6,858 $700,000 $225,000 $475,000
2016 $6,558 $553,000 $196,000 $357,000
2015 $5,840 $509,000 $179,000 $330,000
2014 -- $441,000 $153,000 $288,000
2013 -- $393,000 $132,000 $261,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2162185

Northwest Multiple Listing Service (NWMLS)

APN: 663290-0711