Listed by Skyline Properties, Inc.
$1,599,950
$200K PRICE DROP

Estimated payment $9,906/month

Total Views 9,375
8 Beds
4 Baths
3,328 Sq Ft
$481 Price per Sq Ft

Highlights

  • Thermal Windows
  • Cul-De-Sac
  • Wood Siding
  • Robert Frost Elementary School Rated A
  • Baseboard Heating

About This Home

New Price-Clean and well maintained Kirkland 4-plex in Totem Lake Area, updated and fully occupied. Stucco & brick exterior, 2 bedroom 1 bath units with washer/dryer inside each unit, decks. 2 year old roof, new paint. Close to shopping, public transportation, freeway access and restaurants. Great low maintenance investment and easy to manage. Drive by and walk exterior. Please do not disturb tenants. HOA takes care of landscaping, trash removal, and common area maintenance. The 4-plex is one of 12 separate 4-plexes that make up Totem Firs Apartment complex. Each building owned separately.

Last Listed By

Fred Grunewald

Skyline Properties, Inc. License #121501 Listed on: 09/19/2024

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2279947

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,979

Year Built

  • Built in 1979

Lot Details

  • 7,840 Sq Ft Lot
  • Cul-De-Sac
  • Property is in good condition

HOA Fees

  • $500 Monthly HOA Fees

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,328 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 7 Parking Spaces
  • Open Parking

Utilities

  • Baseboard Heating

Community Details

  • Totem Firs Condos
  • Totem Lake Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 2826059199

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,979

Year Built

Built in 1979

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1979
  • MLS Status: Active
  • Prev Status: Active
  • Building Name: Totem Firs
  • New Construction: No
  • CalculatedSquareFootage: 3328
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 268

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 8
  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac
  • View: No
  • Waterfront: No
  • Construction Type: Brick, Stucco, Wood
  • Exterior Features: Brick, Stucco, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 7
  • Open Parking: Yes
  • Total Parking Spaces: 7
  • ParkingUncoveredSpaces: 7

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Northshore
  • WaterCompany: Public
  • WaterSewerGarbage: 3000

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 1500
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Junior High Dist: Lake Washington

Lot Info

  • Parcel Number: 2826059199
  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 7840
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: kcr
  • MLSSquareFootageSource: kcr
  • ZoningJurisdiction: City
  • LotNumber: 1

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 18
  • LeasedItems: None
  • TotalMonthlyIncome: 7925

Multi Family

  • Gross Scheduled Income: 98000
  • Net Operating Income: 80329
  • Number Of Units Total: 4
  • Electric Expense: 200
  • Insurance Expense: 1392
  • Leasable Area: 3328
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2024
  • Tax Annual Amount: 10979

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $9,386 $1,132,000 $352,800 $779,200
2023 $10,980 $1,266,000 $352,800 $913,200
2022 $10,212 $1,294,000 $274,400 $1,019,600
2021 $11,140 $1,133,000 $282,200 $850,800
2020 $9,936 $1,141,000 $282,200 $858,800
2018 $8,534 $900,000 $282,200 $617,800
2017 $7,045 $829,000 $274,400 $554,600
2016 $6,460 $710,000 $258,700 $451,300
2015 $5,846 $641,000 $250,000 $391,000
2014 -- $557,000 $250,000 $307,000
2013 -- $550,000 $250,000 $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2025 06/04/25 Price Changed $1,599,950 0.0% $481 / Sq Ft
05/21/2025 05/21/25 Price Changed $1,600,000 -5.6% $481 / Sq Ft
04/22/2025 04/22/25 Price Changed $1,695,000 -3.1% $509 / Sq Ft
01/13/2025 01/13/25 Price Changed $1,749,950 -2.8% $526 / Sq Ft
09/19/2024 09/19/24 For Sale $1,800,000 -- $541 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $550,000 Commonwealth L
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed $263,000 First American Title Ins Co
Quit Claim Deed -- --
Warranty Deed $244,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 Credit Line Revolving
Open $416,000 No Value Available
Closed $452,800 No Value Available
Closed $459,000 No Value Available
Closed $417,000 No Value Available
Previous Owner $232,200 No Value Available
Source: Public Records

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2279947

Northwest Multiple Listing Service (NWMLS)

APN: 282605-9199