Listed by Windermere Real Estate Co., Bought with Lake & Company
NOT LISTED FOR SALE

Estimated Value: $409,000 - $593,000

2 Beds
2 Baths
3,922 Sq Ft
$127/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $1,245,000 $317 Per Sq Ft

Current estimated payment $3,095/month

2 Days on Market

Highlights

  • High Speed Internet
  • Jane Addams Middle School Rated A-
  • 3-minute walk to Hubbard Homestead Park

About This Home

As of November 2020

Two remodeled and fully leased duplexes in Northgate blocks from future Link Lightrail and Mall redevelopment. Tenants have quick access to restaurants, grocery, Target & transit. W/D in each home plus storage. Four dedicated carport stalls, plus 3 off street guest pads. Urban Center zoning offers possibility for townhome or apartment development site.

Last Agent to Sell the Property

Bryan Loe

Windermere Real Estate Co. License #77886 Listed on: 09/22/2020

Windermere Real Estate Co.

Co-Listed By

John Cowan

Windermere Real Estate Co. License #96273

Last Buyer's Agent

Joseph Goldberg

Lake & Company License #114035

Lake & Company

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1667114

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,395

Year Built

  • Built in 1976

Lot Details

  • 10,800 Sq Ft Lot

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 3,922 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring

Parking

  • 7 Parking Spaces
  • Open Parking

Schools

  • Olympic View Elementary School
  • Jane Addams Middle School
  • Nathan Hale High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Northgate Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2926049492

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,395

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1976
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3922
  • Special Features: None
  • Cumulative Days on Market: 366

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

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

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 7
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: Seattle City Light
  • SewerCompany: Seattle Public Utilities
  • WaterCompany: Seattle Public Utilities
  • WaterSewerGarbage: 7700

Schools

  • Junior High Dist: Seattle
  • High School: Nathan Hale High
  • Middle Or Junior School: Jane Addams

Lot Info

  • Parcel Number: 2926049492
  • Lot Size Acres: 0.2479
  • Lot Size Sq Ft: 10800
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet
  • MLSLotSizeSource: Tax Records
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 6500

Multi Family

  • Gross Scheduled Income: 78000
  • Net Operating Income: 54855
  • Number Of Units Total: 4
  • Electric Expense: 500
  • Insurance Expense: 1550
  • Leasable Area: 4000
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 13395

MLS Schools

  • Elementary School: Olympic View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2021
Sold by
Garg Naveen
Bought by
Ngrealty Ng3c Llc
Current Estimated Value
$501,553

Purchase Details

Listed on
Mar 1, 2014
Closed on
May 5, 2014
Sold by
Homestreet Bank
Bought by
Garg Naveen
Seller's Agent
Cynthia Lam
Skyline Properties, Inc.
Buyer's Agent
Samuel Harris
COMPASS
List Price
$835,000
Sold Price
$679,000
Premium/Discount to List
-$156,000
-18.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.72%

Purchase Details

Closed on
Dec 9, 2013
Sold by
Federal National Mortgage Association
Bought by
Homestreet Bank

Purchase Details

Closed on
Oct 17, 2011
Sold by
Solsvik Steinar A and Solsvik Michelle D
Bought by
Fannie Mae

Purchase Details

Closed on
Oct 3, 2007
Sold by
Fortier Andrew and Fortier Karen Dawson
Bought by
Solsvik Steinar A and Solsvik Michelle D
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
Ngrealty Ng3c Llc -- Accommodation
Garg Naveen $201,500 First American
Homestreet Bank -- First American Title Ins Co
Fannie Mae $253,351 First American
Solsvik Steinar A -- Old Republic T
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2020 11/24/20 Sold $1,245,000 -4.2% $317 / Sq Ft
09/24/2020 09/24/20 Pending -- -- --
09/22/2020 09/22/20 For Sale $1,300,000 +13.0% $331 / Sq Ft
03/07/2017 03/07/17 Sold $1,150,000 +21.1% $293 / Sq Ft
02/13/2017 02/13/17 Pending -- -- --
02/09/2017 02/09/17 For Sale $950,000 +39.9% $242 / Sq Ft
05/23/2014 05/23/14 Sold $679,000 -18.7% $144 / Sq Ft
05/02/2014 05/02/14 Pending -- -- --
03/01/2014 03/01/14 For Sale $835,000 -- $177 / 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 $4,171 $426,000 $210,000 $216,000
2023 $3,775 $431,000 $198,000 $233,000
2022 $3,983 $436,000 $188,000 $248,000
2021 $3,602 $426,000 $168,000 $258,000
2020 $3,726 $364,000 $138,000 $226,000
2018 $3,213 $375,000 $144,000 $231,000
2017 $2,641 $318,000 $141,000 $177,000
2016 $2,470 $269,000 $120,000 $149,000
2015 $2,215 $246,000 $110,000 $136,000
2014 -- $216,000 $96,000 $120,000
2013 -- $197,000 $88,000 $109,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1667114

Northwest Multiple Listing Service (NWMLS)

APN: 292604-9580