Listed by Kidder Mathews, Bought with Windermere Real Estate Midtown
NOT LISTED FOR SALE

Estimated Value: $1,065,925 - $1,201,000

4 Beds
3 Baths
2,078 Sq Ft
$554/Sq Ft Est. Value

Last Sold February 25, 2022

Last sale price $1,110,000 $534 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,670/month

6 Days on Market

Highlights

  • City View
  • Wood Flooring
  • No HOA
  • Garfield High School Rated A
  • Corner Lot
  • 4-minute walk to Spring Street Mini Park

About This Home

As of February 2022

GREAT Location on Capitol Hill just a block away from Seattle University. A great investment opportunity either as a pure investor or as an owner occupy property. Unit mix consists of a 3x1 for an owner, a studio and a 1x1 unit all which have the ability to add value. Owner spent $45,000+ on capital improvements that include exterior and interior paint, front entry way, new carpet, bathroom remodel in unit one, and new furnaces. Renovations upon turnover give the ability to bump rents even higher. Includes two parking spots along with a 1,000+ sqft backyard. Several amenities within walking distance, close to downtown and easy access to I-90 & 520 to get to the Eastside. Don't miss this opportunity!

Last Agent to Sell the Property

Winslow Lee

Kidder Mathews License #136708 Listed on: 01/04/2022

Last Buyer's Agent

Dan Wilcynski

Windermere Real Estate Midtown License #50120

Windermere Real Estate Midtown

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1875498

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,231

Year Built

  • Built in 1903

Lot Details

  • 2,460 Sq Ft Lot
  • Property is Fully Fenced
  • Corner Lot
  • Value in Land
  • Property is in good condition

Home Design

  • Triplex
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,078 Sq Ft Home
  • 3-Story Property
  • City Views

Flooring

  • Wood
  • Wall to Wall Carpet

Parking

  • 2 Parking Spaces
  • Open Parking

Community Details

  • No Home Owners Association
  • Capitol Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2254500972

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,231

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1903
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2078
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: You've earned it!
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Hardwood, Carpet
  • Interior Amenities: Hardwood, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,Storage

Exterior Features

  • Roof: Composition
  • View: City
  • Lot Features: Corner Lot, Paved, Sidewalk, Value In Land
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Property Condition: Good
  • Structure Type: Triplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Natural Gas Available, Sewer Connected, Natural Gas Connected
  • PowerCompany: Seattle City Light
  • SewerCompany: SPU
  • WaterCompany: SPU
  • CableConnected: Wave
  • InternetConnected: Wave

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 2254500972
  • Lot Size Acres: 0.0565
  • Lot Size: 2460
  • Lot Size Sq Ft: 2460
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,Gas Available,Shop
  • MLSLotSizeSource: King County Parcel Viewer
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 22
  • LeasedItems: None
  • TotalMonthlyIncome: 6036

Tax Info

  • Year: 2021
  • Tax Annual Amount: 7231
  • AdditionalTaxIds: 225450-0972

Multi Family

  • Number Of Units Total: 3
  • EnergySource: Natural Gas
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2024
Sold by
Gooding James F and Shannon Day
Bought by
James And Shannon Gooding Revocable Trust and Gooding
Current Estimated Value
$1,151,481

Purchase Details

Listed on
Jan 4, 2022
Closed on
Feb 25, 2022
Sold by
Gooding and James
Bought by
Gooding James
Seller's Agent
Winslow Lee
Kidder Mathews
Buyer's Agent
Dan Wilcynski
Windermere Real Estate Midtown
List Price
$1,169,000
Sold Price
$1,110,000
Premium/Discount to List
-$59,000
-5.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.94%
Original Mortgage
$832,500
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 4, 2022
Closed on
Feb 19, 2022
Sold by
Boyd and Averi
Bought by
Gooding James
Seller's Agent
Winslow Lee
Kidder Mathews
Buyer's Agent
Dan Wilcynski
Windermere Real Estate Midtown
List Price
$1,169,000
Sold Price
$1,110,000
Premium/Discount to List
-$59,000
-5.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$832,500
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2018
Sold by
Ohrt Gary D and Ohrt Suzanne C
Bought by
Millennial Builders Llc

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
4.4%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Mar 1, 2018
Closed on
Feb 14, 2018
Sold by
Crites Lawrence C and Crites Stacy R
Bought by
Boyd Jason and Boyd Averi
Seller's Agent
Larry Crites
Lake & Company
Buyer's Agent
Larissa Sweeney
Lake & Company
List Price
$1,000,000
Sold Price
$1,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.80%
Original Mortgage
$750,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2010
Sold by
Fowler Valerie C and Fowler Charles W
Bought by
Fowler Valerie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 1993
Sold by
Oneill Brian T and Oneill Marta C
Bought by
Crites Lawrence C and Crites Stacy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,100
Interest Rate
6.89%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
James And Shannon Gooding Revocable Trust $313 None Listed On Document
Gooding James $313 Stewart Title
Gooding James $1,110,000 Stewart Title
Millennial Builders Llc $350,000 Accommodation
Boyd Jason $1,000,000 Ticor Title
Fowler Valerie C -- Ticor National
Crites Lawrence C $133,000 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gooding James $832,500
Previous Owner Millennial Builders Llc $600,000
Previous Owner Boyd Jason $750,000
Previous Owner Fowler Valerie C $270,000
Previous Owner Crites Lawrence C $93,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/25/2022 02/25/22 Sold $1,110,000 -5.0% $534 / Sq Ft
01/10/2022 01/10/22 Pending -- -- --
01/04/2022 01/04/22 For Sale $1,169,000 +16.9% $563 / Sq Ft
03/01/2018 03/01/18 Sold $1,000,000 0.0% $595 / Sq Ft View Prior Sale
03/01/2018 03/01/18 For Sale $1,000,000 -- $595 / 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 $8,295 $863,000 $618,000 $245,000
2023 $7,927 $839,000 $618,000 $221,000
2022 $7,544 $885,000 $533,000 $352,000
2021 $7,231 $821,000 $484,000 $337,000
2020 $7,014 $747,000 $438,000 $309,000
2018 $6,132 $741,000 $317,000 $424,000
2017 $4,874 $618,000 $271,000 $347,000
2016 $4,635 $505,000 $226,000 $279,000
2015 $4,036 $469,000 $210,000 $259,000
2014 -- $417,000 $162,000 $255,000
2013 -- $380,000 $117,000 $263,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1875498

Northwest Multiple Listing Service (NWMLS)

APN: 225450-0972