Listed by Lake & Company, Bought with Best Choice Realty LLC
NOT LISTED FOR SALE

Estimated Value: $1,377,544 - $1,588,000

-- Bed
3 Baths
2,316 Sq Ft
$640/Sq Ft Est. Value

Last Sold July 06, 2012

Last sale price $490,000 $212 Per Sq Ft

Est. 201% increase in value since last sale

Current estimated payment $8,630/month

11 Days on Market

Highlights

  • Deck
  • Softwood Flooring
  • High Speed Internet
  • Hamilton International Middle School Rated A
  • Patio
  • Partially Fenced Property

About This Home

As of July 2012

Fantastic University District location. Walk score of 100!! Well laid out Triplex with 3 easy to rent 1 bedroom apartments with rent upside potential. Copper plumbing, fresh exterior paint, separate electric meters for each unit (plus house meter). Common laundry room. Nice front deck is shared between units. Fenced back patio goes with main floor unit. Units feature fir wood floors, and large windows. Main floor unit features spacious living and dining rooms and tall ceilings.

Last Agent to Sell the Property

Larry Crites

Lake & Company License #8471 Listed on: 05/10/2012

Lake & Company

Co-Listed By

Ross Hartwich

Lake & Company License #110564

Last Buyer's Agent

Lori Midttun

Best Choice Realty LLC License #25005773

Best Choice Realty LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 354577

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,293

Year Built

  • Built in 1908

Lot Details

  • 1,986 Sq Ft Lot
  • Lot Dimensions are 60 x 33
  • Partially Fenced Property

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 2,316 Sq Ft Home
  • 3-Story Property

Flooring

  • Softwood
  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • University District Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6746700805

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,293

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1908
  • Buyer Agency Compensation: 3.0
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 2316
  • Special Features: None
  • Cumulative Days on Market: 350

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Softwood, Laminate, Vinyl, Carpet
  • Interior Amenities: Fir/Softwood, Wall to Wall Carpet, Laminate Tile
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked, Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: Seattle
  • SewerCompany: Seattle
  • WaterCompany: Seattle
  • WaterSewerGarbage: 2380

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 6746700805
  • Lot Size Acres: 0.0456
  • Lot Size: 60 x 33
  • Lot Size Sq Ft: 1986
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,High Speed Internet,Patio
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 2650

Multi Family

  • Gross Scheduled Income: 31800
  • Net Operating Income: 23148
  • Number Of Units Total: 3
  • Electric Expense: 480
  • Insurance Expense: 863
  • Leasable Area: 2010
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2012
  • Tax Annual Amount: 4293

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2012
Closed on
Jul 2, 2012
Sold by
Vonvonseggern Daniel Von and Lee Peggy P
Bought by
Lam Alexander F and Lam Mai Lee
Seller's Agent
Larry Crites
Lake & Company
Buyer's Agent
Lori Midttun
Best Choice Realty LLC
List Price
$495,000
Sold Price
$490,000
Premium/Discount to List
-$5,000
-1.01%
Current Estimated Value
$1,473,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$983,979
Avg. Annual Appreciation
6.56%
Original Mortgage
$367,500
Outstanding Balance
$260,787
Interest Rate
3.74%
Estimated Equity
$865,271

Purchase Details

Closed on
Jul 24, 2006
Sold by
Wu Shiao Yen
Bought by
Vonseggern Daniel and Lee Peggy P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
6.57%

Purchase Details

Closed on
Jul 22, 2006
Sold by
Chen Henlia
Bought by
Chen Alice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
6.57%

Purchase Details

Closed on
Mar 2, 2001
Sold by
Slough Larry
Bought by
Wu Shiao Yen

Purchase Details

Closed on
May 26, 2000
Sold by
Stencil Chester C and Stencil Bernice H
Bought by
Slough Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
8.18%

Purchase Details

Closed on
Apr 9, 1999
Sold by
Stencil Chester C and Stencil Bernice H
Bought by
Stencil Chester C and Stencil Bernice H
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
Lam Alexander F $490,000 Ticor National
Vonseggern Daniel $425,000 Ticor National
Chen Alice -- Ticor National
Wu Shiao Yen -- Transnation Title Insurance
Slough Larry $210,000 Transnation Title Insurance
Stencil Chester C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lam Alexander F $367,500
Previous Owner Lee Peggy P $317,000
Previous Owner Lee Peggy P $319,000
Previous Owner Vonseggern Daniel $318,750
Previous Owner Slough Larry $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2012 07/06/12 Sold $490,000 -1.0% $212 / Sq Ft
05/22/2012 05/22/12 Pending -- -- --
05/10/2012 05/10/12 For Sale $495,000 -- $214 / 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 $6,720 $715,900 $667,200 $48,700
2023 $6,589 $700,400 $667,200 $33,200
2022 $7,147 $795,400 $794,400 $1,000
2021 $7,522 $795,400 $794,400 $1,000
2020 $6,972 $795,400 $794,400 $1,000
2018 $6,080 $715,100 $496,500 $218,600
2017 $5,120 $626,500 $297,900 $328,600
2016 $5,029 $544,800 $287,900 $256,900
2015 $4,096 $522,300 $287,900 $234,400
2014 -- $434,200 $208,500 $225,700
2013 -- $434,200 $208,500 $225,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 354577

Northwest Multiple Listing Service (NWMLS)

APN: 674670-0805