Listed by Windermere R.E. Northeast, Inc, Bought with Windermere Real Estate Midtown
NOT LISTED FOR SALE

Estimated Value: $873,168 - $1,248,000

6 Beds
3 Baths
2,667 Sq Ft
$403/Sq Ft Est. Value

Sale Details

Date Sold: September 30, 2022

Last sale price $900,000 $337 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,737 / mo

10 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Wood Siding
  • Garfield High School Rated A

About This Home

As of September 2022

Investment opportunity in desirable Central District / Madrona. High-demand rental area within an easy stroll to local shops, restaurants and minutes to downtown. Tree lined street. Walk to the fabulous Madrona Farmers Market. All units include a light and open living, dining, and kitchen area. Parking available for each unit. Steps away from major bus routes and easy access to I90. Great long-term investment opportunity with NC zoning. Wonderful opportunity for owner occupant.

Last Agent to Sell the Property

Winston McClanahan

Windermere R.E. Northeast, Inc License #4776 Listed on: 08/19/2022

Windermere R.E. Northeast, Inc

Co-Listed By

Katie Chinn

Windermere R.E. Northeast, Inc License #140019

Last Buyer's Agent

Dan Wilcynski

Windermere Real Estate Midtown License #50120

Windermere Real Estate Midtown

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1985358

Northwest Multiple Listing Service (NWMLS)

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,274

Year Built

  • Built in 1913

Lot Details

  • 4,000 Sq Ft Lot
  • Street terminates at a dead end
  • Value in Land

Parking

  • Open Parking

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Bitumen Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 2,667 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Outdoor Features

  • Outbuilding

Community Details

  • No Home Owners Association
  • Madrona Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9839300485

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,274

Year Built

Built in 1913

Lot Details

4,000 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1913
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • Structure Type: Triplex
  • CalculatedSquareFootage: 2667
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Wall to Wall Carpet, Laminate
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement

Exterior Features

  • Roof: Composition, Torch Down
  • Lot Features: Curbs, Dead End Street, Paved, Sidewalk, Value In Land
  • View: No
  • Waterfront: No
  • Exterior Features: Cement/Concrete, Metal/Vinyl, Wood
  • Foundation Details: Poured Concrete

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Seattle City Light
  • SewerCompany: Seattle Public Utilities
  • WaterCompany: Seattle Public Utilities

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 9839300485
  • Lot Size Acres: 0.0918
  • Lot Size Sq Ft: 4000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Outbuildings
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13.11
  • LeasedItems: None
  • TotalMonthlyIncome: 5495

Tax Info

  • Year: 2022
  • Tax Annual Amount: 8274

Multi Family

  • Number Of Units Total: 3
  • EnergySource: Electric
  • UnitsBelowGrade: true

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2024
Sold by
Bought by
Current Estimated Value
$1,075,792

Purchase Details

Listed on
Aug 19, 2022
Closed on
Sep 26, 2022
Sold by
Bought by
Seller's Agent
Winston McClanahan
Windermere R.E. Northeast, Inc
Buyer's Agent
Dan Wilcynski
Windermere Real Estate Midtown
List Price
$929,000
Sold Price
$900,000
Premium/Discount to List
-$29,000
-3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.68%
Original Mortgage
$675,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2018
Sold by
Bought by

Purchase Details

Closed on
May 6, 2013
Sold by
Bought by

Purchase Details

Closed on
Oct 15, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 1998
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Madrona, WA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$313 None Listed On Document
$900,000 Chicago Title
-- None Available
-- None Available
$420,000 Rainier Title
$325,000 Chicago Title
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $675,000
Previous Owner $294,000
Previous Owner $100,000
Previous Owner $292,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/30/2022 09/30/22 Sold $900,000 -3.1% $337 / Sq Ft
08/29/2022 08/29/22 Pending -- -- --
08/19/2022 08/19/22 For Sale $929,000 -- $348 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $10,025 $948,000 $860,000 $88,000
2024 $9,382 $958,000 $844,000 $114,000
2023 $8,964 $932,000 $844,000 $88,000
2022 $8,274 $983,000 $728,000 $255,000
2021 $7,961 $884,000 $661,000 $223,000
2020 $8,272 $808,000 $598,000 $210,000
2018 $7,230 $862,000 $518,000 $344,000
2017 $6,048 $719,000 $442,000 $277,000
2016 $5,740 $619,000 $369,000 $250,000
2015 $4,802 $574,000 $342,000 $232,000
2014 -- $489,000 $285,000 $204,000
2013 -- $530,000 $175,000 $355,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1985358

Northwest Multiple Listing Service (NWMLS)

APN: 983930-0485

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