Listed by Skyline Properties, Inc., Bought with RE/MAX Northwest
$1,000,000
SOLD JUN 30, 2017
-- Bed
-- Bath
2,060 Sq Ft
3,960 Sq Ft Lot

Recently Sold

$485 Per Sq Ft

11% Above List Price

Highlights

  • Views of a Sound
  • Deck
  • Thermal Windows
  • Coe Elementary School Rated A
  • Wood Flooring
  • 3-minute walk to Soundview Terrace

About This Home

As of June 2021

Legal duplex w/views on LR1 zoned lot offers numerous investment options. 1) Subdivide the parcel (1,600 sf minimum allows 2 new parcels) & build two new homes. 2) Lease both furnished units at great long term rates $3k/main & $1,550/lower. 3) Lease both furnished units via AirBnb, etc. at daily rates of $250/main & $119/lower. 4) Owner occupy the 2bed/1.75bath main unit & lease the lower 1 bed/1 bth unit. Outstanding access to Expedia, Amazon, transportation, popular retail (Whole Foods, etc).

Last Agent to Sell the Property

Mike Busaca

Skyline Properties, Inc. License #12999 Listed on: 05/19/2017

Skyline Properties, Inc.

Last Buyer's Agent

Ted Meenk

RE/MAX Northwest License #2796

RE/MAX Northwest

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1128521

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,556

Year Built

  • Built in 1930

Lot Details

  • 3,960 Sq Ft Lot
  • Partially Fenced Property
  • Property is in good condition

Property Views

  • Views of a Sound
  • Bay
  • City
  • Territorial

Home Design

  • Duplex
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,060 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 5 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Coe Elementary School
  • Mc Clure Mid Middle School
  • Ballard High School

Additional Features

  • Disabled Access
  • Cable TV Available

Community Details

  • Queen Anne Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2770604155

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,556

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Accessibility Features: Other
  • Year Built: 1930
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2060
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Forced Air, Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Bay, City, See Remarks, Sound, Territorial
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete, Slab
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Natural Gas Connected
  • PowerCompany: Seattle City Light
  • SewerCompany: Seattle Public Utilities
  • WaterCompany: Seattle Public Utilities
  • WaterSewerGarbage: 1536

Fee Information

  • Annual Fuel Expense: 1436

Schools

  • Junior High Dist: Seattle
  • High School: Ballard High
  • Middle Or Junior School: Mc Clure Mid

Lot Info

  • Parcel Number: 2770604155
  • Lot Size Acres: 0.0909
  • Lot Size Sq Ft: 3960
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Disabled Access,Fenced-Partially,Gas Available,Patio
  • MLSLotSizeSource: King County Records
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 17
  • LeasedItems: None
  • TotalMonthlyIncome: 4550

Multi Family

  • Gross Scheduled Income: 54600
  • Net Operating Income: 47993
  • Number Of Units Total: 2
  • Electric Expense: 661
  • Leasable Area: 2060
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: true
  • VacancyRate: 5

Tax Info

  • Year: 2017
  • Tax Annual Amount: 6556

MLS Schools

  • Elementary School: Coe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
May 31, 2021
Sold by
Yeh Kuanling A
Bought by
Pullin Jim and Pullin Kelsey
Seller's Agent
Ted Meenk
RE/MAX Northwest
Buyer's Agent
Jim Pullin
Skyline Properties, Inc.
List Price
$975,000
Sold Price
$975,000
Current Estimated Value
$1,224,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,868
Avg. Annual Appreciation
2.87%
Original Mortgage
$681,841
Outstanding Balance
$623,741
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$475,428

Purchase Details

Listed on
May 19, 2017
Closed on
Jun 27, 2017
Sold by
Sommers Benjamin and Yeh Kuanling A
Bought by
Yeh Kuanling A
Seller's Agent
Mike Busaca
Skyline Properties, Inc.
Buyer's Agent
Ted Meenk
RE/MAX Northwest
List Price
$899,950
Sold Price
$1,000,000
Premium/Discount to List
$100,050
11.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.64%
Original Mortgage
$719,920
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 19, 2017
Closed on
Jun 26, 2017
Sold by
Seatown Life Llc
Bought by
Yeh Kuanling A
Seller's Agent
Mike Busaca
Skyline Properties, Inc.
Buyer's Agent
Ted Meenk
RE/MAX Northwest
List Price
$899,950
Sold Price
$1,000,000
Premium/Discount to List
$100,050
11.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$719,920
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 17, 2016
Closed on
May 12, 2016
Sold by
Anma Vijai and Anma Sarah Anand
Bought by
Seatown Life Llc
Seller's Agent
Sabrina Booth
Windermere Real Estate Co.
Buyer's Agent
Mike Busaca
Skyline Properties, Inc.
List Price
$750,000
Sold Price
$750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.29%
Original Mortgage
$173,000
Interest Rate
3.58%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 17, 2007
Sold by
Robinson Derek P and Pittson Leslie
Bought by
Mariaraj Vijai and Anderson Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
6.66%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 11, 2003
Sold by
Musikachart Nikom and Rimando Marilyn S
Bought by
Robinson Derek P and Pittson Leslie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,350
Interest Rate
7.85%

Purchase Details

Closed on
Dec 18, 1995
Sold by
Lankri Zion J
Bought by
Musikachart Nikom and Rimando Marilyn S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,600
Interest Rate
7.38%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $975,000 Equity Title Of Wa Llc
Interfamily Deed Transfer -- Rainier Title
Warranty Deed $1,000,000 Rainier Title
Warranty Deed $750,000 Ticor National
Warranty Deed $560,000 Chicago Title
Warranty Deed $394,300 First American
Warranty Deed $168,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $681,841 New Conventional
Previous Owner $653,550 New Conventional
Previous Owner $719,920 New Conventional
Previous Owner $173,000 Unknown
Previous Owner $173,000 Unknown
Previous Owner $600,000 Purchase Money Mortgage
Previous Owner $500,000 Unknown
Previous Owner $56,000 Credit Line Revolving
Previous Owner $56,000 Credit Line Revolving
Previous Owner $448,000 Negative Amortization
Previous Owner $30,000 Credit Line Revolving
Previous Owner $376,000 Unknown
Previous Owner $373,350 No Value Available
Previous Owner $159,600 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2021 06/17/21 Sold $975,000 0.0% $473 / Sq Ft
04/17/2021 04/17/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $975,000 -2.5% $473 / Sq Ft
06/30/2017 06/30/17 Sold $1,000,000 +11.1% $485 / Sq Ft
05/27/2017 05/27/17 Pending -- -- --
05/19/2017 05/19/17 For Sale $899,950 +20.0% $437 / Sq Ft
05/16/2016 05/16/16 Sold $750,000 0.0% $364 / Sq Ft
03/24/2016 03/24/16 Pending -- -- --
03/17/2016 03/17/16 For Sale $750,000 -- $364 / 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 $10,540 $1,082,000 $698,000 $384,000
2023 $9,714 $1,013,000 $698,000 $315,000
2022 $8,165 $1,096,000 $739,000 $357,000
2021 $8,303 $870,000 $603,000 $267,000
2020 $8,618 $842,000 $554,000 $288,000
2018 $7,330 $815,000 $592,000 $223,000
2017 $6,556 $728,000 $512,000 $216,000
2016 $6,712 $673,000 $476,000 $197,000
2015 $5,501 $676,000 $466,000 $210,000
2014 -- $564,000 $373,000 $191,000
2013 -- $530,000 $352,000 $178,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1128521

Northwest Multiple Listing Service (NWMLS)

APN: 277060-4155