Listed by John L. Scott, Inc.
NOT LISTED FOR SALE

Estimated Value: $1,217,000

4 Beds
3 Baths
3,250 Sq Ft
$374/Sq Ft Est. Value

Last Sold December 19, 2019

Last sale price $3,000,000 $923 Per Sq Ft

Current estimated payment $7,246/month

396 Days on Market

Highlights

  • RV Access or Parking
  • 0.56 Acre Lot
  • Ceramic Tile Flooring
  • John Rogers Elementary School Rated A-
  • Deck
  • Partially Fenced Property

About This Home

As of December 2019

Beautiful, treed perimeter site 2 parcels with total of 24,500' of LR2 zoning, 100' frontage on 35th Ave NE offers developer the opportunity to build row homes, town homes with a center motor court/open space. Currently 3 Br 1924 Home, a 1400' Studio/Apartment and an 1800' Shop with an upper floor Sleeping area with 3/4 Bath - Great rentals during Permit Process. Prime location! Retail Core only steps away! Easy access to Highways and future Light Rail.

Last Agent to Sell the Property

Linda Dorgan

John L. Scott, Inc. License #8141 Listed on: 09/21/2018

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1366618

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,712

Year Built

  • Built in 1924

Lot Details

  • 0.56 Acre Lot
  • Partially Fenced Property

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,250 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Parking

  • 9 Parking Spaces
  • 4 Covered Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Outbuilding

Community Details

  • Cedar Park Condos
  • Cedar Park Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / 8
  • Assessor Parcel Number 1453602341

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,712

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1924
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Cedar Park
  • New Construction: No
  • CalculatedSquareFootage: 3250
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 763

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Property Condition: Fair
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 9
  • ParkingUncoveredSpaces: 5

Utilities

  • Sewer: Sewer Connected
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Seattle City Light
  • SewerCompany: Seattle Combined
  • WaterCompany: Seattle Combined
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 1453602341
  • Lot Size Acres: 0.5624
  • Lot Size Sq Ft: 24500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially,Outbuildings,RV Parking,Shop
  • MLSLotSizeSource: KCTX
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 5

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Tax Info

  • Year: 2018
  • Tax Annual Amount: 12712

Multi Family

  • Number Of Units Total: 3
  • Leasable Area: 3250
  • UnitsBelowGrade: false
  • VacancyRate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2018
Closed on
Dec 17, 2019
Sold by
Murphy Robbin D
Bought by
Mbw Properties Llc
Seller's Agent
Linda Dorgan
John L. Scott, Inc.
List Price
$3,420,000
Sold Price
$3,000,000
Premium/Discount to List
-$420,000
-12.28%
Current Estimated Value
$1,217,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,783,000
Avg. Annual Appreciation
-14.62%
Original Mortgage
$1,800,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 26, 1991
Sold by
Murphy Robbin D
Bought by
Murphy James R and Murphy Robbin D
Source: Public Records

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
Mbw Properties Llc $3,000,000 Rainier Title
Murphy James R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mbw Properties Llc $1,800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2019 12/19/19 Sold $3,000,000 -6.3% $923 / Sq Ft
10/22/2019 10/22/19 Pending -- -- --
02/25/2019 02/25/19 Price Changed $3,200,000 -6.4% $985 / Sq Ft
09/21/2018 09/21/18 For Sale $3,420,000 -- $1,052 / 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 $7,991 $1,272,500 $1,041,200 $231,300
2023 $1,476 $1,303,300 $1,041,200 $262,100
2022 $8,702 $1,258,800 $1,016,700 $242,100
2021 $7,991 $827,000 $725,000 $102,000
2020 $8,064 $718,000 $631,000 $87,000
2018 $6,357 $746,000 $638,000 $108,000
2017 $5,328 $554,000 $553,000 $1,000
2016 $4,976 $472,000 $471,000 $1,000
2015 $4,268 $432,000 $431,000 $1,000
2014 -- $375,000 $374,000 $1,000
2013 -- $341,000 $340,000 $1,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1366618

Northwest Multiple Listing Service (NWMLS)

APN: 145360-2341