NOT LISTED FOR SALE

Estimated Value: $1,401,000 - $1,716,000

6 Beds
3 Baths
2,910 Sq Ft
$519/Sq Ft Est. Value

Last Sold April 27, 2017

Last sale price $1,195,000 $411 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $9,498/month

13 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • Wood Siding
  • Washington Middle School Rated A-
  • High Speed Internet
  • 3-minute walk to Horiuchi Park

About This Home

As of April 2017

Very Profitable Brick Tudor Triplex, in CD near Seattle U! Significant & strategic recent improvements = outstanding rental income & property in excellent condition. Very nice modern units, remodeled while retaining original charm. Easy to choose: 1yr leases, or capture amazing summer peak AirBnB income & easy-to-attract responsible SeattleU tenants during the school year. Beautiful Mt. Rainier view. New carpets, ext & int paint, elec panel, kitch upgrades, 3 pkg spaces. Don’t disturb tenants

Last Listed By

James Salay

Skyline Properties, Inc. License #95446 Listed on: 03/14/2017

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1084011

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,609

Year Built

  • Built in 1932

Lot Details

  • 3,255 Sq Ft Lot

Home Design

  • Triplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,910 Sq Ft Home
  • 3-Story Property
  • Mountain Views

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 3 Parking Spaces
  • Open Parking

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Kollocks Add Condos
  • Central Area Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / 1
  • Assessor Parcel Number 3927400035

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,609

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1932
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Kollocks Add
  • New Construction: No
  • CalculatedSquareFootage: 2910
  • SOCComments: Thanks for your hard work!
  • Special Features: None
  • Cumulative Days on Market: 279

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition
  • View: Mountain(s)
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Triplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: City Light
  • SewerCompany: City of Seattle
  • WaterCompany: City of Seattle
  • WaterSewerGarbage: 4578

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 3927400035
  • Lot Size Acres: 0.0747
  • Lot Size Sq Ft: 3255
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet
  • MLSLotSizeSource: NWMLS
  • ZoningClass: Multi-Family
  • LotNumber: 5

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 6645

Multi Family

  • Gross Scheduled Income: 79740
  • Net Operating Income: 65802
  • Number Of Units Total: 3
  • Electric Expense: 133
  • Insurance Expense: 2618
  • Leasable Area: 2800
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 6609

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2017
Closed on
Apr 25, 2017
Sold by
Mcdonald Shawn D
Bought by
Fisher Shawn I
Seller's Agent
James Salay
Skyline Properties, Inc.
Buyer's Agent
Renee Uribe-Sayah
John L. Scott Snohomish
List Price
$1,150,000
Sold Price
$1,195,000
Premium/Discount to List
$45,000
3.91%
Total Days on Market
13
Current Estimated Value
$1,510,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,550
Avg. Annual Appreciation
2.94%
Original Mortgage
$956,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 1, 2016
Closed on
Jun 8, 2016
Sold by
Mcdonald Shawn
Bought by
Brick House Suites Llc
Seller's Agent
Matthew Townsend
Windermere Real Estate Co.
Buyer's Agent
James Salay
Skyline Properties, Inc.
List Price
$800,000
Sold Price
$800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.37%
Original Mortgage
$600,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 1, 2016
Closed on
Apr 20, 2016
Sold by
Jtnkdaugherty Llc
Bought by
Mcdonald Shawn
Seller's Agent
Matthew Townsend
Windermere Real Estate Co.
Buyer's Agent
James Salay
Skyline Properties, Inc.
List Price
$800,000
Sold Price
$800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 19, 2011
Closed on
Apr 12, 2012
Sold by
Granger Cary P and Granger Olympia
Bought by
Jink Daugherty Llc
Seller's Agent
Gabe Rosenshine
Alchemy Real Estate
List Price
$435,000
Sold Price
$370,000
Premium/Discount to List
-$65,000
-14.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.09%

Purchase Details

Closed on
Dec 10, 2003
Sold by
Cp Granger Construction Inc
Bought by
Granger Cary P and Granger Olympia

Purchase Details

Closed on
Dec 9, 2002
Sold by
Soleil Development Llc
Bought by
C P Granger Construction Inc

Purchase Details

Closed on
Jun 23, 2002
Sold by
Soleil Development Llc
Bought by
Columbia Rim Building Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.86%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 24, 2000
Sold by
Pigotti Gerard G
Bought by
Pigotti Gabriel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
8.2%

Purchase Details

Closed on
Aug 28, 2000
Sold by
Todd Rosenberg Properties Llc
Bought by
Pigotti Gerard G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
8.2%

Purchase Details

Closed on
May 26, 2000
Sold by
Rosenberg Todd
Bought by
Todd Rosenberg Properties Llc

Purchase Details

Closed on
Feb 1, 1997
Sold by
Rosenberg Donna Jo
Bought by
Rosenberg Todd

Purchase Details

Closed on
Nov 26, 1996
Sold by
Estes Patrick S and Juan Li Lan
Bought by
Rosenberg Todd

Purchase Details

Closed on
Apr 25, 1996
Sold by
Heng Eng and Heng Sai M
Bought by
Estes Patrick S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
7.84%

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
Fisher Shawn I $1,195,000 First American
Mcdonald Shawn -- First American
Brick House Suites Llc -- Accommodation
Mcdonald Shawn $800,000 Ticor National
Jink Daugherty Llc $370,000 First American
Granger Cary P -- --
C P Granger Construction Inc -- --
Columbia Rim Building Co Llc -- Old Republic Title
Soleil Development Llc $600,000 Old Republic Title Company
Pigotti Gabriel -- Transnation Title Insurance
Pigotti Gerard G $350,000 Commonwealth Land Title
Todd Rosenberg Properties Llc -- --
Rosenberg Todd -- Chicago Title Insurance Co
Rosenberg Todd $197,500 Chicago Title Insurance Co
Estes Patrick S $177,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fisher Shawn I $906,150
Closed Fisher Shawn I $956,000
Previous Owner Mcdonald Shawn $600,000
Previous Owner Granger Cary P $0
Previous Owner Granger Cary P $0
Previous Owner Soleil Development Llc $350,000
Previous Owner Columbia Rim Building Co Llc $250,000
Previous Owner Pigotti Gerard G $262,500
Previous Owner Estes Patrick S $142,000
Closed Pigotti Gerard G $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2017 04/27/17 Sold $1,195,000 +3.9% $411 / Sq Ft
03/28/2017 03/28/17 Pending -- -- --
03/14/2017 03/14/17 For Sale $1,150,000 +43.8% $395 / Sq Ft
04/26/2016 04/26/16 Sold $800,000 0.0% $275 / Sq Ft
03/10/2016 03/10/16 Pending -- -- --
03/01/2016 03/01/16 For Sale $800,000 +116.2% $275 / Sq Ft
04/17/2012 04/17/12 Sold $370,000 -14.9% $127 / Sq Ft
03/13/2012 03/13/12 Pending -- -- --
08/19/2011 08/19/11 For Sale $435,000 -- $149 / 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 $12,515 $1,310,000 $697,000 $613,000
2023 $11,749 $1,250,000 $697,000 $553,000
2022 $11,174 $1,318,000 $601,000 $717,000
2021 $10,714 $1,222,000 $546,000 $676,000
2020 $11,577 $1,112,000 $494,000 $618,000
2018 $10,560 $1,233,000 $424,000 $809,000
2017 $6,609 $1,074,000 $362,000 $712,000
2016 $6,276 $686,000 $302,000 $384,000
2015 $5,459 $636,000 $280,000 $356,000
2014 -- $565,000 $216,000 $349,000
2013 -- $500,000 $161,000 $339,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1084011

Northwest Multiple Listing Service (NWMLS)

APN: 392740-0035