Listed by RSVP Brokers ERA, Bought with Dove Realty, Inc.
NOT LISTED FOR SALE

125 Hayes Place SW Unit 1&2 Renton, WA 98057

West Hill Neighborhood

Estimated Value: $561,000 - $592,000

2 Beds
2 Baths
1,270 Sq Ft
$453/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $400,000 $315 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,545/month

3 Days on Market

Highlights

  • Thermal Windows
  • Vinyl Flooring
  • 1-Story Property
  • Wood Siding

About This Home

As of August 2020

Side By Side Duplex, Commercially zoned. Right side Unit 1 is Vacant. Left side has tenants can be viewed with offer. Unit 1 has french doors that can be a 2nd bedroom or office. Unit 2 has a building behind which contains the washer & dryer, storage. New water line & new roof on garage. Each unit shares 1/2 of the garage. Additional parking in front. Great location, walkable, close to shopping, restaurants, freeway access, bus line. Cap rate 5.05

Last Agent to Sell the Property

Cindy Lyon

RSVP Brokers ERA License #45146 Listed on: 07/24/2020

RSVP Brokers ERA

Co-Listed By

Deb Nourai

RSVP Brokers ERA License #114620

Last Buyer's Agent

Vu Nguyen

Dove Realty, Inc. License #10694

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1635961

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,088

Year Built

  • Built in 1948

Lot Details

  • 6,530 Sq Ft Lot
  • Property is in good condition

Home Design

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

Interior Spaces

  • 1,270 Sq Ft Home
  • 1-Story Property
  • Thermal Windows

Flooring

  • Laminate
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

  • Bryn Mawr Elementary School
  • Dimmitt Mid Middle School
  • Renton Snr High School

Additional Features

  • Outbuilding
  • Cable TV Available

Community Details

  • Renton Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1823059162

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,088

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1948
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1270
  • EffectiveYearBuiltSource: See Remarks
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl
  • Interior Amenities: Laminate Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks,Thermal Windows

Exterior Features

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

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City Of Renton
  • WaterCompany: City Of Renton

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Renton
  • High School: Renton Snr High
  • Middle Or Junior School: Dimmitt Mid

Lot Info

  • Parcel Number: 1823059162
  • Lot Size Acres: 0.1499
  • Lot Size Sq Ft: 6530
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Outbuildings
  • MLSLotSizeSource: KCTR
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 2160

Tax Info

  • Year: 2020
  • Tax Annual Amount: 4088

Multi Family

  • Number Of Units Total: 2
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Bryn Mawr Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2020
Closed on
Aug 13, 2020
Sold by
Ying Ying Llc
Bought by
Nguyen Hung
Seller's Agent
Cindy Lyon
RSVP Brokers ERA
Buyer's Agent
Vu Nguyen
Dove Realty, Inc.
List Price
$399,500
Sold Price
$400,000
Premium/Discount to List
$500
0.13%
Current Estimated Value
$581,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,546
Avg. Annual Appreciation
7.01%

Purchase Details

Listed on
Sep 9, 2015
Closed on
Dec 28, 2015
Sold by
Kirkland Renovation Llc
Bought by
Ying Ying Llc
Seller's Agent
Camran Nazer
Skyline Properties, Inc.
Buyer's Agent
Cindy Lyon
RSVP Brokers ERA
List Price
$239,500
Sold Price
$225,500
Premium/Discount to List
-$14,000
-5.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.30%
Original Mortgage
$62,261
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 2012
Sold by
Vanvannguyen Hung Van and Thach Kim Xuyen Thi
Bought by
Kirkland Renovation Llc

Purchase Details

Closed on
Feb 8, 2007
Sold by
Hamblin Mike and Hamblin Denise
Bought by
Vannguyen Hung and Thach Kim Xuyen Thi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 1999
Sold by
Woodhouse Gordon R and Woodhouse Patricia L
Bought by
Hamblin Mike and Hamblin Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,300
Interest Rate
7.64%
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
Nguyen Hung $400,000 None Available
Ying Ying Llc $225,500 Ticor National
Kirkland Renovation Llc $114,000 Ticor National
Vannguyen Hung $285,000 Commonwealth L
Hamblin Mike $138,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ying Ying Llc $62,261
Previous Owner Vannguyen Hung $228,000
Previous Owner Hamblin Mike $117,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/14/2020 08/14/20 Sold $400,000 +0.1% $315 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $399,500 +77.2% $315 / Sq Ft
01/11/2016 01/11/16 Sold $225,500 -5.8% -- View Prior Sale
11/03/2015 11/03/15 Pending -- -- --
09/09/2015 09/09/15 For Sale $239,500 -- --
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 $5,866 $571,000 $384,000 $187,000
2023 $4,786 $442,000 $192,000 $250,000
2022 $4,429 $477,000 $203,000 $274,000
2021 $4,105 $392,000 $168,000 $224,000
2020 $4,088 $347,000 $149,000 $198,000
2018 $3,906 $330,000 $149,000 $181,000
2017 $3,429 $295,000 $135,000 $160,000
2016 $3,093 $254,000 $115,000 $139,000
2015 $2,678 $233,000 $106,000 $127,000
2014 -- $211,000 $94,000 $117,000
2013 -- $175,000 $86,000 $89,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1635961

Northwest Multiple Listing Service (NWMLS)

APN: 182305-9162