Listed by Katrina Eileen, Bought with Keller Williams Rlty Bellevue
NOT LISTED FOR SALE

Estimated Value: $1,150,000 - $1,521,000

7 Beds
4 Baths
3,780 Sq Ft
$355/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $1,250,000 $331 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $8,033/month

135 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Baseboard Heating
  • Jane Addams Middle School Rated A
  • Ceramic Tile Flooring
  • 4-minute walk to Pinehurst Playground

About This Home

As of September 2023

Expand-ability, Value Add, Location, LR1 (M), Transit. You can buy this 4-plex with conventional financing and live in the best unit. Or buy this as an investment and have lots of ways to improve rents, build additional units, or rent out while getting plans approved for townhouses.. Lot's of options with this one! Beginning feasibility study has been done and agent can provide documents!

Last Agent to Sell the Property

Stefan Newbury

Katrina Eileen License #114076 Listed on: 04/10/2023

Last Buyer's Agent

Scott Nicholson

Keller Williams Rlty Bellevue License #109205

Keller Williams Rlty Bellevue

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2052637

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,304

Year Built

  • Built in 1958

Lot Details

  • 8,021 Sq Ft Lot
  • Lot Dimensions are 58.17 x 137.89
  • Corner Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 3,780 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Parking

  • 11 Parking Spaces
  • 3 Covered Spaces
  • Open Parking

Schools

  • Olympic View Elementary School
  • Jane Addams Middle School
  • Nathan Hale High School

Utilities

  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Pinehurst Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0820000005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,304

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1958
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3780
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Torch Down
  • Lot Features: Corner Lot
  • View: No
  • Waterfront: No
  • Exterior Features: Cement/Concrete, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 11

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: Seattle
  • SewerCompany: City of Seattle
  • WaterCompany: Seattle

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle
  • High School: Nathan Hale High
  • Middle Or Junior School: Jane Addams

Lot Info

  • Parcel Number: 0820000005
  • Lot Size Acres: 0.1841
  • Lot Size: 58.17 x 137.89
  • Lot Size Sq Ft: 8021
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: County
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 17
  • LeasedItems: None
  • TotalMonthlyIncome: 6475

Tax Info

  • Year: 2022
  • Tax Annual Amount: 7304
  • AdditionalTaxIds: 0820000005

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 18
  • EnergySource: Electric
  • UnitsBelowGrade: true

MLS Schools

  • Elementary School: Olympic View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2023
Closed on
Sep 29, 2023
Sold by
Hu Shuyu
Bought by
Deng Ying
Seller's Agent
Stefan Newbury
Katrina Eileen
Buyer's Agent
Scott Nicholson
Keller Williams Rlty Bellevue
List Price
$1,399,950
Sold Price
$1,250,000
Premium/Discount to List
-$149,950
-10.71%
Views
78
Current Estimated Value
$1,340,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,602
Avg. Annual Appreciation
3.17%
Original Mortgage
$937,500
Outstanding Balance
$918,960
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$421,642

Purchase Details

Listed on
Apr 10, 2023
Closed on
Sep 26, 2023
Sold by
Lm Garden Properties Llc
Bought by
Cheung Ho Kwok
Seller's Agent
Stefan Newbury
Katrina Eileen
Buyer's Agent
Scott Nicholson
Keller Williams Rlty Bellevue
List Price
$1,399,950
Sold Price
$1,250,000
Premium/Discount to List
-$149,950
-10.71%
Views
78

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$937,500
Outstanding Balance
$918,960
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$421,642

Purchase Details

Closed on
May 24, 2007
Sold by
Mickelson Laurence E and Tanberg Sharon E
Bought by
Lm Garden Properties Llc

Purchase Details

Closed on
Mar 20, 2007
Sold by
Yannello Christy L
Bought by
Mickelson Laurence E and Tanberg Sharon E

Purchase Details

Closed on
Feb 9, 1996
Sold by
Yannello Christy L and Yannello Christy R
Bought by
Yannello Christy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.99%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Deng Ying $313 Chicago Title
Cheung Ho Kwok $1,250,000 Chicago Title
Lm Garden Properties Llc -- None Available
Mickelson Laurence E $600,000 Pacific Nw Tit
Yannello Christy L -- Washington Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deng Ying $937,500
Previous Owner Yannello Christy L $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2023 09/29/23 Sold $1,250,000 -3.8% $331 / Sq Ft
08/23/2023 08/23/23 Pending -- -- --
08/01/2023 08/01/23 Price Changed $1,299,950 -3.7% $344 / Sq Ft
05/29/2023 05/29/23 Price Changed $1,349,950 -3.6% $357 / Sq Ft
04/10/2023 04/10/23 For Sale $1,399,950 -- $370 / 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 $11,860 $1,128,000 $635,000 $493,000
2023 $8,259 $859,000 $635,000 $224,000
2022 $7,889 $859,000 $579,000 $280,000
2021 $7,149 $756,000 $517,000 $239,000
2020 $7,304 $646,000 $424,000 $222,000
2018 $7,829 $663,000 $440,000 $223,000
2017 $6,531 $723,000 $722,000 $1,000
2016 $6,104 $616,000 $615,000 $1,000
2015 $5,057 $563,000 $562,000 $1,000
2014 -- $489,000 $488,000 $1,000
2013 -- $445,000 $444,000 $1,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2052637

Northwest Multiple Listing Service (NWMLS)

APN: 082000-0005