NOT LISTED FOR SALE

Estimated Value: $1,606,000 - $1,987,000

3 Beds
3 Baths
2,750 Sq Ft
$661/Sq Ft Est. Value

Last Sold May 27, 2020

Last sale price $1,617,000 $588 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $11,163/month

Highlights

  • RV Access or Parking
  • City View
  • High Speed Internet
  • Garfield High School Rated A
  • Patio
  • 3-minute walk to Williams Place

About This Home

As of May 2020

Capitol Hill Multi-Family in prime location. Walking distance to all necessary amenities. Only 2 of the units are rented at this time for $1350. More units available for extra income. Large basement for storage can be converted into extra unit. Each rented unit has a bedroom, living room area, dining room and full bath with tub. Upper unit (occupied by owners) has beautiful views of the city. Detached car garage in the back with access through private alley. Plenty of parking inside the property on back driveway. Additional parking on the alley and street parking. Equipped with elevator. Potential for 5 rental units with quick remodel. Property sold AS-IS. Seller will not do any repairs or modifications. Great income potential on large lot.

Last Agent to Sell the Property

Ivan Olmedo

Red Rock Real Estate License #76614 Listed on: 01/02/2021

Red Rock Real Estate

Last Buyer's Agent

Ivan Olmedo

Red Rock Real Estate License #76614 Listed on: 01/02/2021

Red Rock Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1713282

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,340

Year Built

  • Built in 1912

Lot Details

  • 6,000

Property Views

  • City
  • Territorial

Home Design

  • Duplex
  • Poured Concrete
  • Shake Roof
  • Wood Composite

Interior Spaces

  • 2,750 Sq Ft Home
  • 2-Story Property

Parking

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

Utilities

  • High Speed Internet
  • Cable TV Available

Additional Features

  • Patio
  • 6,000 Sq Ft Lot

Community Details

  • Capitol Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6003001970

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,340

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1912
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2750
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 301

Interior Features

  • Possible Use: See Remarks
  • Fireplace: No
  • Flooring: See Remarks
  • Interior Amenities: Forced Air
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,Elevator,See Remarks,Storage

Exterior Features

  • Roof: Cedar Shake
  • View: City, See Remarks, Territorial
  • Lot Features: Curbs
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Fair
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, See Remarks
  • PowerCompany: City of Seattle
  • SewerCompany: City of Seattle
  • WaterCompany: City of Seattle
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 6003001970
  • Lot Size Acres: 0.1377
  • Lot Size Sq Ft: 6000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Gas Available,High Speed Internet,Patio,RV Parking,Shop
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: See Remarks
  • ZoningClass: See Remarks

Green Features

  • Power Production Type: See Remarks

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 1350

Tax Info

  • Year: 2020
  • Tax Annual Amount: 13340

Multi Family

  • Number Of Units Total: 2
  • Leasable Area: 2750
  • EnergySource: See Remarks
  • UnitsBelowGrade: true
  • VacancyRate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2021
Sold by
Davis Efegenia
Bought by
G2 Development Llc
Current Estimated Value
$1,817,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$695,500
Outstanding Balance
$633,584
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$1,100,088

Purchase Details

Closed on
Dec 21, 2016
Sold by
Williams Claudia G and The Margaret J Hull Trust
Bought by
Davis Efigenia

Purchase Details

Closed on
Mar 11, 2009
Sold by
Hull Margaret J
Bought by
Hull Margaret J

Purchase Details

Closed on
Nov 21, 1991
Sold by
Hull Donald H
Bought by
Hull Living Trust
Source: Public Records

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Range of Values:

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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
G2 Development Llc $1,617,000 Wfg Natl Ttl Co Of Wa Llc
Davis Efigenia -- None Available
Hull Margaret J -- None Available
Hull Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open G2 Development Llc $695,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2021 01/21/21 Pending -- -- --
01/11/2021 01/11/21 Price Changed $1,600,000 -5.9% $582 / Sq Ft
01/02/2021 01/02/21 For Sale $1,700,000 +5.1% $618 / Sq Ft
05/27/2020 05/27/20 Sold $1,617,000 -- $588 / 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 $18,207 $1,895,000 $1,894,000 $1,000
2023 $17,072 $1,805,000 $1,804,000 $1,000
2022 $13,303 $1,598,000 $1,111,000 $487,000
2021 $13,094 $1,433,000 $957,000 $476,000
2020 $13,340 $1,340,000 $897,000 $443,000
2018 $12,178 $1,466,000 $922,000 $544,000
2017 $9,684 $1,222,000 $787,000 $435,000
2016 $8,750 $999,000 $656,000 $343,000
2015 $7,616 $880,000 $608,000 $272,000
2014 -- $782,000 $468,000 $314,000
2013 -- $722,000 $570,000 $152,000
Source: Public Records

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1713282

Northwest Multiple Listing Service (NWMLS)

APN: 600300-1970