Listed by Mattice Real Estate Group, LLC, Bought with Windermere Real Estate Midtown
NOT LISTED FOR SALE

Estimated Value: $1,345,513 - $1,596,000

5 Beds
2 Baths
3,440 Sq Ft
$443/Sq Ft Est. Value

Last Sold October 09, 2024

Last sale price $1,600,000 $465 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $8,950/month

3 Days on Market

Highlights

  • 0.25 Acre Lot
  • Territorial View
  • No HOA
  • McGilvra Elementary School Rated A
  • Wood Flooring
  • 3-minute walk to William Grose Park

About This Home

As of October 2024

Incredible investment opportunity! Madison Valley duplex on a 10,800 sqft lot. Zoned NR3, this property offers an exceptional development opportunity or rental. Rent both units or live in one and rent the second unit. These identical units offer 4 bed, 1.5 bath, off street parking, fenced yard and close proximity to Madison street restaurants and shops, parks, Seattle schools and public transit. Call for a showing today!

Last Agent to Sell the Property

Rolanda Carriere

Mattice Real Estate Group, LLC License #18484 Listed on: 09/12/2024

Last Buyer's Agent

Dan Wilcynski

Windermere Real Estate Midtown License #50120

Windermere Real Estate Midtown

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2288277

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,739

Year Built

  • Built in 1944

Lot Details

  • 10,800 Sq Ft Lot
  • Dog Run
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Built-Up Roof
  • Wood Siding

Interior Spaces

  • 3,440 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Parking

  • 2 Parking Spaces
  • Open Parking

Schools

  • Mc Gilvra Elementary School
  • Meany Mid Middle School
  • Garfield High School

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Madison Valley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9828700790

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,739

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1944
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3440
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Basement

Exterior Features

  • Roof: Built-Up
  • View: Territorial
  • Lot Features: Alley
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: Seattle City Light
  • SewerCompany: Seattle Public Utilities
  • WaterCompany: Seattle Public Utilities
  • CableConnected: Comcast
  • InternetConnected: Comcast

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • Annual Fuel Expense: 2640

Schools

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

Lot Info

  • Parcel Number: 9828700790
  • Lot Size Acres: 0.2479
  • Lot Size Sq Ft: 10800
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Dog Run,Gas Available
  • MLSLotSizeSource: county records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • GrossRentMultiplier: 19.5
  • LeasedItems: None
  • TotalMonthlyIncome: 7760

Tax Info

  • Year: 2024
  • Tax Annual Amount: 9739
  • AdditionalTaxIds: 9828700790

Multi Family

  • Number Of Units Total: 2
  • Electric Expense: 4320
  • EnergySource: Electric,Natural Gas
  • UnitsBelowGrade: true

MLS Schools

  • Elementary School: Mc Gilvra

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2025
Sold by
Lof Holding Company Llc
Bought by
112 29Th Ave E Llc
Current Estimated Value
$1,523,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Outstanding Balance
$548,596
Interest Rate
6.84%
Estimated Equity
$974,782

Purchase Details

Listed on
Sep 12, 2024
Closed on
Oct 7, 2024
Sold by
Cesena Margaret C
Bought by
Lof Holding Company Llc
Seller's Agent
Rolanda Carriere
Mattice Real Estate Group, LLC
Buyer's Agent
Dan Wilcynski
Windermere Real Estate Midtown
List Price
$1,599,000
Sold Price
$1,600,000
Premium/Discount to List
$1,000
0.06%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.70%

Purchase Details

Closed on
Jun 18, 2022
Sold by
Cassidy Cesena Margaret
Bought by
Cesena Margaret C

Purchase Details

Closed on
May 14, 2002
Sold by
Brindle Rebecca J
Bought by
Cesena Victor R and Cesena Margaret C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,250
Interest Rate
7.13%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
112 29Th Ave E Llc $1,600,000 Stewart Title
Lof Holding Company Llc $1,600,000 Chicago Title
Cesena Margaret C -- None Listed On Document
Cesena Victor R $405,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 112 29Th Ave E Llc $550,000
Open 112 29Th Ave E Llc $5,355,100
Previous Owner Cesena Victor R $344,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2024 10/09/24 Sold $1,600,000 +0.1% $465 / Sq Ft
09/15/2024 09/15/24 Pending -- -- --
09/12/2024 09/12/24 For Sale $1,599,000 -- $465 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $12,385 $1,234,000 $1,233,000 $1,000
2023 $12,159 $1,234,000 $1,233,000 $1,000
2022 $9,495 $1,085,000 $1,063,000 $22,000
2021 $9,242 $976,000 $965,000 $11,000
2020 $9,269 $905,000 $872,000 $33,000
2018 $8,092 $933,000 $605,000 $328,000
2017 $6,473 $778,000 $516,000 $262,000
2016 $6,133 $636,000 $430,000 $206,000
2015 $5,150 $590,000 $399,000 $191,000
2014 -- $503,000 $333,000 $170,000
2013 -- $497,000 $364,000 $133,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2288277

Northwest Multiple Listing Service (NWMLS)

APN: 982870-0790