NOT LISTED FOR SALE

Estimated Value: $1,237,000 - $1,421,610

6 Beds
6 Baths
4,090 Sq Ft
$325/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $1,275,000 $312 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $8,030/month

3 Days on Market

Highlights

  • Deck
  • Territorial View
  • Thermal Windows
  • Maplewood Heights Elementary School Rated 10
  • Corner Lot
  • 3-minute walk to Heritage Park

About This Home

As of December 2021

Great investment opportunity for a sought after Tri-Plex in Renton! This well maintained Tri-Plex is located on a large corner lot w/ landscaping. Each unit has a detached single garage. Updated, new appliances, fixtures and flooring. This Tri-Plex has living space downstairs w/bedrooms on the 2nd fl. Each unit has a main and rear entry to the roomy living w/elc fireplace. The kitchen has beautiful granite, cabinetry and large eating space. Dining and 3/4 bath alongside the kit. Staircase to the second floor with 2 over sized bedrooms, lots of closet space and natural light to enjoy the terr. view. The washer and dryer are conveniently placed on the 2nd floor. Consistent renters w/nearly 100% rentals for the past 5 yrs.

Last Agent to Sell the Property

Ronna Plourd

RE/MAX Community One Realty License #130675 Listed on: 11/22/2021

RE/MAX Community One Realty

Last Buyer's Agent

Ronna Plourd

RE/MAX Community One Realty License #130675 Listed on: 11/22/2021

RE/MAX Community One Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1866302

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,779

Year Built

  • Built in 1989

Lot Details

  • 6,729 Sq Ft Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Partially Fenced Property
  • Corner Lot
  • Sprinkler System
  • Property is in very good condition

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 4,090 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • 6 Parking Spaces
  • 3 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Maplewood Heights El Elementary School
  • Mcknight Mid Middle School
  • Hazen Snr High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Glambrass II Condos
  • Highlands Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / Plat Block
  • Assessor Parcel Number 2781500010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,779

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1989
  • Buyer Agency Compensation: 1.2
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Glambrass II
  • New Construction: No
  • CalculatedSquareFootage: 4090
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Laminate Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Energy Package,Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot, Cul-De-Sac, Dead End Street, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Renton
  • WaterCompany: City of Renton
  • WaterSewerGarbage: 7800

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Renton
  • High School: Hazen Snr High
  • Middle Or Junior School: Mcknight Mid

Lot Info

  • Parcel Number: 2781500010
  • Lot Size Acres: 0.1545
  • Lot Size: 6729
  • Lot Size Sq Ft: 6729
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,High Speed Internet,Patio,Sprinkler System
  • MLSLotSizeSource: King County
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 1

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 19
  • LeasedItems: None
  • TotalMonthlyIncome: 5485

Multi Family

  • Gross Scheduled Income: 65820
  • Net Operating Income: 44801
  • Number Of Units Total: 3
  • Insurance Expense: 1840
  • Leasable Area: 4090
  • EnergySource: Electric
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 8779

MLS Schools

  • Elementary School: Maplewood Heights El

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2021
Closed on
Dec 23, 2021
Sold by
Pilot Meikle Real Estate Llc
Bought by
115 Pacific Investments Llc
Seller's Agent
Ronna Plourd
RE/MAX Community One Realty
Buyer's Agent
Ronna Plourd
RE/MAX Community One Realty
List Price
$1,299,000
Sold Price
$1,275,000
Premium/Discount to List
-$24,000
-1.85%
Current Estimated Value
$1,330,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,403
Avg. Annual Appreciation
1.12%
Original Mortgage
$892,500
Outstanding Balance
$820,866
Interest Rate
3.11%
Mortgage Type
Credit Line Revolving
Estimated Equity
$509,537

Purchase Details

Closed on
Feb 25, 2013
Sold by
Meikle Myron and Meikle Janis
Bought by
Pilot Meikle Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2010
Sold by
Pilot Treasa L
Bought by
Pilot Matthew A

Purchase Details

Closed on
Nov 7, 2000
Sold by
Egge Douglas R
Bought by
Meikle Myron and Meikle Janis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
7.88%

Purchase Details

Closed on
Sep 1, 1998
Sold by
Niehl Gary J and Foruria Dana P
Bought by
Egge Douglas R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,800
Interest Rate
6.93%
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
115 Pacific Investments Llc $1,275,000 Nextitle
Pilot Meikle Real Estate Llc -- Fidelity
Pilot Matthew A -- None Available
Meikle Myron $325,000 Washington Title
Egge Douglas R $281,000 Old Republic Title Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 115 Pacific Investments Llc $892,500
Previous Owner Pilot Meikle Real Estate Llc $125,000
Previous Owner Meikle Myron $260,000
Previous Owner Egge Douglas R $224,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2021 12/30/21 Sold $1,275,000 -1.8% $312 / Sq Ft
11/25/2021 11/25/21 Pending -- -- --
11/22/2021 11/22/21 For Sale $1,299,000 -- $318 / 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 $11,965 $1,159,000 $344,000 $815,000
2023 $10,654 $981,000 $292,000 $689,000
2022 $9,836 $1,181,000 $276,000 $905,000
2021 $8,777 $863,000 $225,000 $638,000
2020 $8,779 $733,000 $211,000 $522,000
2018 $8,379 $736,000 $211,000 $525,000
2017 $8,196 $626,000 $180,000 $446,000
2016 $7,376 $602,000 $135,000 $467,000
2015 $6,746 $557,000 $125,000 $432,000
2014 -- $533,000 $119,000 $414,000
2013 -- $450,000 $103,000 $347,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1866302

Northwest Multiple Listing Service (NWMLS)

APN: 278150-0010