NOT LISTED FOR SALE
-- Bed
-- Bath
3,276 Sq Ft
6,800 Sq Ft Lot

Last Sold December 03, 2019

Last sale price $885,000 $270 Per Sq Ft

113 Days on Market

Highlights

  • Deck
  • Thermal Windows
  • Partially Fenced Property
  • Meridian Park Elementary School Rated A
  • Patio
  • Wood Siding

About This Home

As of December 2019

Nice well maintained building with 4 clean 2-bedroom 1-bath units (each approximately 820 sq.ft). Prime location near shopping, restaurants and transportation. Easy to manage and rent. Upper units have small decks. Convenient coin operated laundry room. Plenty of off-street parking for tenants. The current 4.6% cap rate has room to grow because rents are well below market. Please do not enter property or bother tenants.

Last Agent to Sell the Property

Rick Kalamar

Windermere R.E. Shoreline License #41293 Listed on: 07/16/2019

Windermere R.E. Shoreline

Last Buyer's Agent

Rick Kalamar

Windermere R.E. Shoreline License #41293 Listed on: 07/16/2019

Windermere R.E. Shoreline

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1491179

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,106

Year Built

  • Built in 1970

Lot Details

  • 6,800 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,276 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Community Details

  • Shoreline Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7276100192

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,106

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1970
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3276
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 414

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 6
  • Carport Y N: No
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 5820

Schools

  • Junior High Dist: Shoreline

Lot Info

  • Parcel Number: 7276100192
  • Lot Size Acres: 0.1561
  • Lot Size Sq Ft: 6800
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially,Patio
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 17
  • LeasedItems: None
  • TotalMonthlyIncome: 5090

Multi Family

  • Gross Scheduled Income: 61080
  • Net Operating Income: 41320
  • Number Of Units Total: 4
  • Electric Expense: 1440
  • Insurance Expense: 2400
  • Leasable Area: 3436
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2019
  • Tax Annual Amount: 10106

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2019 12/03/19 Sold $885,000 +1.1% $270 / Sq Ft
11/06/2019 11/06/19 Pending -- -- --
10/09/2019 10/09/19 Price Changed $875,000 -2.8% $267 / Sq Ft
09/18/2019 09/18/19 Price Changed $900,000 -5.3% $275 / Sq Ft
07/16/2019 07/16/19 For Sale $950,000 -- $290 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1491179

Northwest Multiple Listing Service (NWMLS)

APN: 727610-0192