Listed by RSVP Brokers ERA, Bought with Windermere Bellevue Commons
NOT LISTED FOR SALE

1127 Harrington Ave NE Renton, WA 98056

Sunset Neighborhood

Estimated Value: $684,000 - $728,000

4 Beds
2 Baths
1,440 Sq Ft
$486/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $650,000 $451 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,261/month

1 Day on Market

Highlights

  • Territorial View
  • No HOA
  • Partially Fenced Property
  • Hazen Senior High School Rated A-
  • High Speed Internet
  • Wood Siding

About This Home

As of February 2023

Look out investors! This updated duplex is perfectly located in the Renton Highlands. Being only 1.5 miles from shopping, movies and food at the Landing, renting both units is a breeze. The 1,440 square foot duplex was originally built in 1943 but was extensively remodeled and updated in 2011 down to the studs. The generous 10,878 square foot lot allows both tenants large, private outdoor spaces. The South side unit has a breezeway with storage space attached. The North side unit has a 1 car garage and both units have 1 parking space each in the driveways. Each side boasts 2 bedrooms, 1 full bath and washer/dryer in units! Whether you are looking for a first time investment or you are a seasoned investor, this is a great opportunity!

Last Agent to Sell the Property

Jeff Moceri

RSVP Brokers ERA License #117644 Listed on: 02/07/2023

RSVP Brokers ERA

Co-Listed By

Ric Hutchens

RSVP Brokers ERA License #22021734

Last Buyer's Agent

Doris Yuan

Windermere Bellevue Commons License #114496

Windermere Bellevue Commons

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2033611

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,910

Year Built

  • Built in 1943

Lot Details

  • 10,878 Sq Ft Lot
  • Lot Dimensions are 97x108
  • Partially Fenced Property
  • Property is in average condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

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

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • 3 Parking Spaces
  • 1 Covered Space
  • Open Parking

Additional Features

  • Outbuilding
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Renton Highlands 2 Condos
  • Highlands Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / 41
  • Assessor Parcel Number 7227801285

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,910

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1943
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Renton Highlands 2
  • New Construction: No
  • CalculatedSquareFootage: 1440
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Laminate, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Duplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: SecuritySystem, FullyFenced
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Renton
  • WaterCompany: City of Renton
  • CableConnected: Comcast
  • InternetConnected: Comcast
  • WaterSewerGarbage: 1680

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 7227801285
  • Lot Size Acres: 0.2497
  • Lot Size: 97X108
  • Lot Size Sq Ft: 10878
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,High Speed Internet,Outbuildings
  • MLSLotSizeSource: County
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 5

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 6.7
  • LeasedItems: None
  • TotalMonthlyIncome: 2500

Multi Family

  • Gross Scheduled Income: 42000
  • Net Operating Income: 33318
  • Number Of Units Total: 2
  • Insurance Expense: 1092
  • Leasable Area: 1440
  • EnergySource: Electric
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5910

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2023
Closed on
Feb 22, 2023
Sold by
Mackenzie Gregory S
Bought by
1127 Harrington Ave Llc
Seller's Agent
Jeff Moceri
RSVP Brokers ERA
Buyer's Agent
Doris Yuan
Windermere Bellevue Commons
List Price
$625,000
Sold Price
$650,000
Premium/Discount to List
$25,000
4%
Views
24
Current Estimated Value
$700,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,178
Avg. Annual Appreciation
1.83%

Purchase Details

Closed on
Aug 19, 2008
Sold by
Murph Frances M
Bought by
Mackenzie Gregory S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 1990
Sold by
Demaria John J
Bought by
Murph Frances M
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
1127 Harrington Ave Llc $650,000 Wfg National Title Company Of
Mackenzie Gregory S $200,000 Chicago Title
Murph Frances M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mackenzie Gregory S $102,000
Previous Owner Mackenzie Gregory S $166,200
Previous Owner Mackenzie Gregory S $176,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2023 02/24/23 Sold $650,000 +4.0% $451 / Sq Ft
02/08/2023 02/08/23 Pending -- -- --
02/07/2023 02/07/23 For Sale $625,000 -- $434 / 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 $6,375 $620,000 $476,000 $144,000
2023 $6,176 $553,000 $418,000 $135,000
2022 $5,910 $639,000 $483,000 $156,000
2021 $5,236 $528,000 $238,000 $290,000
2020 $4,732 $446,000 $204,000 $242,000
2018 $4,484 $388,000 $199,000 $189,000
2017 $4,023 $339,000 $181,000 $158,000
2016 $3,014 $297,000 $159,000 $138,000
2015 $2,552 $227,000 $163,000 $64,000
2014 -- $201,000 $153,000 $48,000
2013 -- $173,000 $126,000 $47,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2033611

Northwest Multiple Listing Service (NWMLS)

APN: 722780-1285