NOT LISTED FOR SALE

Estimated Value: $1,027,000 - $1,563,000

3 Beds
1 Bath
2,397 Sq Ft
$518/Sq Ft Est. Value

Last Sold November 09, 2012

Last sale price $760,000 $317 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $7,366/month

11 Days on Market

Highlights

  • City View
  • Wood Flooring
  • Wood Siding
  • Garfield High School Rated A
  • High Speed Internet
  • 3-minute walk to Cal Anderson Park

About This Home

As of November 2012

Unique Capitol Hill mixed-use building with office space and residential units. Can be used in current configuration or converted to all office or duplex without modifications. Main floor live/work space w/bath & kitchen. 3 upper level offices w/shared full bath and use of lower level common room featuring 1/2 bath, full-size W/D & kitchenette. Lower level studio with 3/4 bath, kitchenette, DW & WD. Fully occupied with long-term tenants. Zoned NC3-40. Alley access with off-street parking.

Angela Coria

eXp Realty License #23000267 Listed on: 10/08/2012

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 412685

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,821

Year Built

  • Built in 1903 | Remodeled

Lot Details

  • 2,400 Sq Ft Lot

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,397 Sq Ft Home
  • 3-Story Property
  • City Views

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Parking

  • 2 Parking Spaces
  • Open Parking

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Nagles Condos
  • Capitol Hill Subdivision

Listing and Financial Details

  • Legal Lot and Block 6 / 27
  • Assessor Parcel Number 6003001030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,821

Year Built

Built in 1903 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1903
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Nagles
  • CalculatedSquareFootage: 2397
  • Special Features: VirtualTour
  • Cumulative Days on Market: 290

Interior Features

  • Possible Use: Commercial, Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement

Exterior Features

  • Roof: Composition
  • View: City
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: Seattle
  • SewerCompany: Seattle
  • WaterCompany: Seattle
  • WaterSewerGarbage: 1521

Fee Information

  • Annual Fuel Expense: 817

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 6003001030
  • Lot Size Acres: 0.0551
  • Lot Size Sq Ft: 2400
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Gas Available,High Speed Internet
  • ZoningJurisdiction: City
  • ZoningClass: Commercial,Multi-Family
  • LotNumber: 6

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 4750

Multi Family

  • Gross Scheduled Income: 57000
  • Net Operating Income: 49549
  • Number Of Units Total: 5
  • Electric Expense: 512
  • Insurance Expense: 780
  • Leasable Area: 2397
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2012
  • Tax Annual Amount: 3821

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2013
Sold by
Yen Jason Chien Hsun and Yen Bill Chen Shun
Bought by
Robot Monkey Investments Llc
Total Days on Market
11
Current Estimated Value
$1,240,820

Purchase Details

Listed on
Oct 8, 2012
Closed on
Nov 1, 2012
Sold by
Horton Leonard W
Bought by
Yen Jason Chien Hsun and Yen Bill Chen Hsun
Buyer's Agent
Angela Coria
eXp Realty
List Price
$785,000
Sold Price
$760,000
Premium/Discount to List
-$25,000
-3.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.11%

Purchase Details

Closed on
Apr 30, 2003
Sold by
Borch Jacobsen Mikkel and Borch Jacobsen Charlotte
Bought by
Horton Leonard W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,500
Interest Rate
5.72%

Purchase Details

Closed on
Mar 9, 1992
Sold by
Meckstroth Charles Eric
Bought by
Borch-Jacobsen Mikkel
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
Robot Monkey Investments Llc -- None Available
Yen Jason Chien Hsun $760,000 Ticor Title
Horton Leonard W $455,000 Old Republic T
Borch-Jacobsen Mikkel $218,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Horton Leonard W $131,500
Previous Owner Horton Leonard W $318,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2012 11/09/12 Sold $760,000 -3.2% $317 / Sq Ft
10/20/2012 10/20/12 Pending -- -- --
10/08/2012 10/08/12 For Sale $785,000 -- $327 / 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 $9,375 $969,000 $788,000 $181,000
2023 $9,737 $917,000 $751,000 $166,000
2022 $9,484 $1,153,000 $476,000 $677,000
2021 $9,342 $1,034,000 $410,000 $624,000
2020 $9,527 $967,000 $385,000 $582,000
2018 $8,706 $1,058,000 $397,000 $661,000
2017 $6,912 $882,000 $339,000 $543,000
2016 $6,243 $721,000 $283,000 $438,000
2015 $5,442 $635,000 $263,000 $372,000
2014 -- $564,000 $203,000 $361,000
2013 -- $408,000 $201,000 $207,000
Source: Public Records

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 412685

Northwest Multiple Listing Service (NWMLS)

APN: 600300-1030