Listed by Windermere RE Greenwood, Bought with Alchemy Real Estate
$550,000
SOLD JUN 4, 2013
-- Bed
-- Bath
2,486 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$221 Per Sq Ft

2 Days on Market

Highlights

  • Wood Flooring
  • Property is Fully Fenced
  • 4-minute walk to Gilman Playground
  • West Woodland Elementary School Rated A
  • Wood Siding

About This Home

As of April 2015

Solid triplex with very low vacancy located in prime Ballard area. Lower unit has 3 bedrooms/1 bath, large open kitchen/living areas, and looks directly out onto lovely fenced back yard. Both upper units are 1 bedroom/1 bath, hardwood floors, decks, and yard. Laundry room located on lower level. Property is zoned LR2. Please do not disturb tenants.

Last Agent to Sell the Property

Inger Lawrence

Windermere RE Greenwood License #1933 Listed on: 04/19/2013

Windermere RE Greenwood

Last Buyer's Agent

Gabe Rosenshine

Alchemy Real Estate License #13753

Alchemy Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 475888

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,805

Year Built

  • Built in 1945

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Property is Fully Fenced

Home Design

  • Triplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,486 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Natural Gas Connected

Community Details

  • Gilman Park Add Condos
  • Ballard Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / 118
  • Assessor Parcel Number 2768100510

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,805

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1945
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Gilman Park Add
  • CalculatedSquareFootage: 2486
  • Special Features: None
  • Cumulative Days on Market: 322

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Forced Air, Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Triplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric, Natural Gas Connected
  • WaterSewerGarbage: 3429

Fee Information

  • Annual Fuel Expense: 957

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 2768100510
  • Lot Size Acres: 0.1148
  • Lot Size: 50 x 100
  • Lot Size Sq Ft: 5000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully
  • ZoningClass: Multi-Family
  • LotNumber: 5

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 3280

Multi Family

  • Gross Scheduled Income: 39360
  • Net Operating Income: 24190
  • Number Of Units Total: 3
  • Electric Expense: 3730
  • Insurance Expense: 856
  • Leasable Area: 2486
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: true
  • VacancyRate: 1

Tax Info

  • Year: 2012
  • Tax Annual Amount: 4805

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2021
Sold by
Chirinos Isabel and Chirinos Jordan
Bought by
Anderson Caitlin Elizabeth and Olanrewaju Ayokunle Oluwafemi
Current Estimated Value
$847,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$776,250
Outstanding Balance
$712,460
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$135,399

Purchase Details

Listed on
Feb 20, 2015
Closed on
May 6, 2015
Sold by
Okom Homes Llc
Bought by
Chirinos Isabel
Seller's Agent
Jason Miller
Momentum Venture Partners LLC
Buyer's Agent
Shelley Carlson
Engel & Voelkers Seattle DT
List Price
$659,000
Sold Price
$659,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.49%
Original Mortgage
$517,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 20, 2015
Closed on
Apr 2, 2015
Sold by
Okom Homes Llc
Bought by
Awni Nader W and Hardiman Erin N
Seller's Agent
Jason Miller
Momentum Venture Partners LLC
Buyer's Agent
Shelley Carlson
Engel & Voelkers Seattle DT
List Price
$659,000
Sold Price
$659,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 19, 2013
Closed on
May 28, 2013
Sold by
Shearer Benjamin Franklin and Shearer Mariann Guddal
Bought by
Okom Homes Llc
Seller's Agent
Inger Lawrence
Windermere RE Greenwood
Buyer's Agent
Gabe Rosenshine
Alchemy Real Estate
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.98%

Purchase Details

Closed on
Oct 1, 2011
Sold by
Shearer Mariann and Shearer Benjamin
Bought by
Shearer Benjamin Franklin and Shearer Mariann Guddal

Purchase Details

Closed on
Apr 4, 2002
Sold by
Kalberg Kenneth W
Bought by
Shearer Benjamin and Shearer Mariann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 1992
Sold by
Salo John R
Bought by
Kalberg Kenneth W
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $825,000 First American Title
Warranty Deed $615,000 Wfg National T
Warranty Deed $649,000 Wfg National
Warranty Deed $550,000 Rainier Title
Interfamily Deed Transfer -- None Available
Warranty Deed $255,000 Fidelity National Title
Warranty Deed $140,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $776,250 New Conventional
Previous Owner $517,500 New Conventional
Previous Owner $294,764 New Conventional
Previous Owner $49,900 Credit Line Revolving
Previous Owner $204,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2015 04/28/15 Sold $659,000 0.0% $386 / Sq Ft
03/28/2015 03/28/15 Pending -- -- --
02/20/2015 02/20/15 For Sale $659,000 +19.8% $386 / Sq Ft
06/04/2013 06/04/13 Sold $550,000 0.0% $221 / Sq Ft
04/23/2013 04/23/13 Pending -- -- --
04/20/2013 04/20/13 For Sale $550,000 -- $221 / 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 $6,681 $699,000 $241,000 $458,000
2023 $5,861 $699,000 $222,000 $477,000
2022 $6,826 $693,000 $210,000 $483,000
2021 $7,299 $748,000 $200,000 $548,000
2020 $8,138 $761,000 $179,000 $582,000
2018 $7,506 $837,000 $191,000 $646,000
2017 $6,377 $767,000 $172,000 $595,000
2016 $5,752 $673,000 $151,000 $522,000
2015 -- $592,000 $135,000 $457,000
2014 -- $129,300 $86,500 $42,800
2013 -- $434,000 $277,000 $157,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 475888

Northwest Multiple Listing Service (NWMLS)

APN: 276810-0510