NOT LISTED FOR SALE

Estimated Value: $602,000 - $724,000

6 Beds
2 Baths
2,120 Sq Ft
$315/Sq Ft Est. Value

Last Sold March 18, 2021

Last sale price $564,500 $266 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,315/month

6 Days on Market

Highlights

  • Territorial View
  • Partially Fenced Property
  • Wall to Wall Carpet

About This Home

As of March 2021

Great opportunity for investors, developers, or homebuyer looking to live in while renting out another unit! Duplex has both units rented out, upstairs at $1750 and downstairs at $1590. Each unit 3 BD 1 BA with individual kitchen and laundry. Upstairs unit is spacious with vaulted ceilings. Downstairs is daylight basement unit with separate entry. Tenants responsible for all utilities. Lots of room for parking. New torch down roof was installed end of 2020. Lot is zoned R48, spacious with potential future development - buyer to verify details

Last Agent to Sell the Property

Katherine Yang

WPM Advisors License #121965 Listed on: 02/04/2021

Last Buyer's Agent

Sherief Elbassuoni

Fathom Realty WA LLC License #20114178

Fathom Realty WA LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1724884

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,650

Year Built

  • Built in 1956

Lot Details

  • 6,814 Sq Ft Lot
  • Partially Fenced Property
  • Value in Land
  • Property is in average condition

Home Design

  • Duplex
  • Poured Concrete
  • Bitumen Roof
  • Wood Composite

Interior Spaces

  • 2,120 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 5 Parking Spaces
  • Open Parking

Community Details

  • White Center Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0623049193

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,650

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1956
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2120
  • Special Features: None
  • Cumulative Days on Market: 279

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement

Exterior Features

  • Roof: Torch Down
  • View: Territorial
  • Lot Features: Paved, Value In Land
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Seattle City Light
  • SewerCompany: Southwest Suburban Sewer
  • WaterCompany: Water District 20
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Parcel Number: 0623049193
  • Lot Size Acres: 0.1564
  • Lot Size Sq Ft: 6814
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially
  • MLSLotSizeSource: Realist
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 3340

Multi Family

  • Gross Scheduled Income: 38629
  • Net Operating Income: 26631
  • Number Of Units Total: 2
  • Leasable Area: 2120
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 5650

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2021
Closed on
Mar 2, 2021
Sold by
Nadew Tekelehaimanot
Bought by
Balakrishnan Venkates Paramasivam and Babu Saroj Dhanya
Seller's Agent
Katherine Yang
WPM Advisors
Buyer's Agent
Sherief Elbassuoni
Fathom Realty WA LLC
List Price
$550,000
Sold Price
$564,500
Premium/Discount to List
$14,500
2.64%
Total Days on Market
6
Current Estimated Value
$668,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,054
Avg. Annual Appreciation
3.26%
Original Mortgage
$423,375
Outstanding Balance
$383,813
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$262,606

Purchase Details

Listed on
Jun 20, 2012
Closed on
Dec 14, 2012
Sold by
Blue Fem Group Llc
Bought by
Nadew Tekelehaimanot
Seller's Agent
Anne Curry
Better Properties N. Proctor
Buyer's Agent
David Hokenson
Redfin
List Price
$180,000
Sold Price
$180,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.86%
Original Mortgage
$126,000
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2011
Sold by
Wells Fargo Bank Na
Bought by
Blue Fern Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 18, 2010
Sold by
Wright Reginald M and Perry Kevin
Bought by
Wells Fargo Bank Na and Wachovia Mortgage

Purchase Details

Closed on
Oct 21, 2004
Sold by
Wright Reginald M
Bought by
Wright Reginald M and Perry Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,902
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 1992
Sold by
Wright Christine J
Bought by
Wright Reginald M

Purchase Details

Closed on
Feb 6, 1992
Sold by
Wright Robert H
Bought by
Wright Reginald M
Source: Public Records

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Range of Values:

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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
Balakrishnan Venkates Paramasivam $564,500 First American Title
Nadew Tekelehaimanot $180,000 Fidelity Natio
Blue Fern Group Llc $80,000 Rainier Title
Wells Fargo Bank Na $162,727 None Available
Wright Reginald M $56,360 Commonwealth L
Wright Reginald M -- --
Wright Reginald M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balakrishnan Venkates Paramasivam $423,375
Previous Owner Nadew Tekelehaimanot $126,000
Previous Owner Blue Fern Group Llc $122,000
Previous Owner Blue Fern Group Llc $140,000
Previous Owner Wright Reginald M $192,500
Previous Owner Wright Reginald M $171,902
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2021 03/18/21 Sold $564,500 +2.6% $266 / Sq Ft
02/10/2021 02/10/21 Pending -- -- --
02/04/2021 02/04/21 For Sale $550,000 +205.6% $259 / Sq Ft
12/18/2012 12/18/12 Sold $180,000 0.0% $90 / Sq Ft
09/27/2012 09/27/12 Pending -- -- --
06/20/2012 06/20/12 For Sale $180,000 -- $90 / 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 $6,744 $565,000 $226,000 $339,000
2023 $6,148 $495,000 $181,000 $314,000
2022 $6,184 $536,000 $158,000 $378,000
2021 $5,771 $471,000 $138,000 $333,000
2020 $5,650 $413,000 $121,000 $292,000
2018 $4,857 $396,000 $120,000 $276,000
2017 $4,135 $318,000 $101,000 $217,000
2016 $3,452 $272,000 $86,000 $186,000
2015 $3,371 $232,000 $75,000 $157,000
2014 -- $223,000 $72,000 $151,000
2013 -- $190,000 $66,000 $124,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1724884

Northwest Multiple Listing Service (NWMLS)

APN: 062304-9193