NOT LISTED FOR SALE

Estimated Value: $495,000 - $606,000

4 Beds
2 Baths
1,570 Sq Ft
$347/Sq Ft Est. Value

Last Sold August 14, 2018

Last sale price $354,000 $225 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,492/month

2 Days on Market

Highlights

  • RV Access or Parking
  • High Speed Internet
  • 1-Story Property
  • Wood Flooring
  • Partially Fenced Property

About This Home

As of August 2018

Fully rented Duplex on a large 9600 sqft lot, minutes from Burien shopping, I5 and West Seattle. 2 units on ground floor, each with 2 bedrooms & 1 bath. Exterior and Interior work completed in 2013 include new roof and gutters, hardwood floors, granite counters, recent windows. Unit 2 has just been extensively refreshed. Great opportunity for cash flow, and future growth.

Scott Dixon

Aris360 License #22032241 Listed on: 07/11/2018

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1311704

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,683

Year Built

  • Built in 1950

Lot Details

  • 9,600 Sq Ft Lot
  • Partially Fenced Property
  • Property is in average condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,570 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Parking

  • 4 Parking Spaces
  • Open Parking
  • RV Access or Parking

Schools

  • Hilltop Elementary School

Utilities

  • High Speed Internet

Community Details

  • Boulevard Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3454800060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,683

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1950
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1570
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 269

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: High Speed Internet, Sewer Connected, Electric
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Common Interest: Multi-Family

Schools

  • Junior High Dist: Highline

Lot Info

  • Parcel Number: 3454800060
  • Lot Size Acres: 0.2204
  • Lot Size Sq Ft: 9600
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,High Speed Internet,RV Parking
  • MLSLotSizeSource: KC
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2000

Multi Family

  • Gross Scheduled Income: 24000
  • Number Of Units Total: 2
  • Leasable Area: 1570
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 2683

MLS Schools

  • Elementary School: Hilltop Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2018
Closed on
Aug 10, 2018
Sold by
Lecoq Bruno and Mattos Paula Barreto De
Bought by
Hardy James
Buyer's Agent
Scott Dixon
Aris360
List Price
$338,000
Sold Price
$354,000
Premium/Discount to List
$16,000
4.73%
Total Days on Market
2
Current Estimated Value
$544,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,751
Avg. Annual Appreciation
7.72%
Original Mortgage
$247,800
Outstanding Balance
$157,834
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$428,999

Purchase Details

Closed on
Oct 29, 2015
Sold by
Mocha Realty Llc
Bought by
Lecoq Bruno and Demattos Paula Barreto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 1, 2015
Closed on
Jul 21, 2015
Sold by
Swope Michael and Swope Keriann A
Bought by
Mocha Really Llc
Seller's Agent
Lucas Rons
Skyline Properties, Inc.
Buyer's Agent
Lucas Rons
Skyline Properties, Inc.
List Price
$229,000
Sold Price
$229,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.02%
Original Mortgage
$179,250
Interest Rate
3.98%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 8, 2015
Sold by
Us Bank National Association
Bought by
Swope Michael

Purchase Details

Closed on
Oct 25, 2013
Sold by
Baca Miguel B and Baca Jo P
Bought by
U S Bank National Association

Purchase Details

Closed on
Sep 26, 2006
Sold by
Dyson Gilbert A and Dyson Carol E
Bought by
Baca Miguel B and Baca Jo P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,600
Interest Rate
6.43%
Mortgage Type
Stand Alone Second
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 Buyer Sale Price Title Company
Hardy James $354,000 Ticor Title
Lecoq Bruno -- None Available
Mocha Really Llc $239,000 Fidelity Natio
Swope Michael $171,800 Nextitle
U S Bank National Association $170,000 Nextitle
Baca Miguel B $306,000 The Talon Grou
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hardy James $247,800
Closed Hardy James $247,800
Previous Owner Lecoq Bruno $180,000
Previous Owner Mocha Realty Llc $179,250
Previous Owner Mocha Really Llc $179,250
Previous Owner Baca Miguel B $30,600
Previous Owner Baca Miguel B $244,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2018 08/14/18 Sold $354,000 +4.7% $225 / Sq Ft
07/13/2018 07/13/18 Pending -- -- --
07/11/2018 07/11/18 For Sale $338,000 +47.6% $215 / Sq Ft
07/27/2015 07/27/15 Sold $229,000 0.0% $146 / Sq Ft
07/02/2015 07/02/15 Pending -- -- --
07/01/2015 07/01/15 For Sale $229,000 -- $146 / 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 $5,304 $475,000 $180,000 $295,000
2023 $4,931 $416,000 $144,000 $272,000
2022 $4,789 $450,000 $126,000 $324,000
2021 $4,370 $387,000 $110,000 $277,000
2020 $4,291 $340,000 $97,000 $243,000
2018 $3,142 $274,000 $120,000 $154,000
2017 $2,683 $220,000 $101,000 $119,000
2016 $2,250 $189,000 $86,000 $103,000
2015 -- $162,000 $75,000 $87,000
2014 -- $156,000 $72,000 $84,000
2013 -- $153,000 $66,000 $87,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1311704

Northwest Multiple Listing Service (NWMLS)

APN: 345480-0060