Listed by John L. Scott, Inc, Bought with Sagareus Real Estate
$1,150,000
SOLD AUG 15, 2024
-- Bed
-- Bath
4,090 Sq Ft
5,381 Sq Ft Lot

Recently Sold

$281 Per Sq Ft

3 Days on Market

Highlights

  • Territorial View
  • Cul-De-Sac
  • Partially Fenced Property
  • Maplewood Heights Elementary School Rated 9+
  • Baseboard Heating
  • 4-minute walk to Heritage Park

About This Home

As of August 2024

Townhouse-Style turn key triplex in Renton Highlands community! Incredible investment property with a 5% cap rate. Each turnkey unit features: two bedrooms and 1.5 baths, private patios and each unit has their own private garage with additional 1 car parking in front of the building. Ideal open floor plans, cozy living rooms with fireplaces that seamlessly flow into large dining areas and bright kitchens. Spacious bedrooms, private washer/dryer, decks, and ample storage space. Large backyard, Parking for 7 vehicles. Easy access to the 405 freeway, Proximity to Heritage Park, shopping, dining, and more This property promises comfort, convenience, and growth potential. Don't miss out on this fantastic opportunity!

Last Agent to Sell the Property

Nelya Calev

John L. Scott, Inc License #97542 Listed on: 06/12/2024

John L. Scott, Inc

Last Buyer's Agent

Vincent Chen

Sagareus Real Estate License #126766

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2250370

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,468

Year Built

  • Built in 1989

Lot Details

  • 5,381 Sq Ft Lot
  • Cul-De-Sac
  • Partially Fenced Property
  • Property is in good condition

HOA Fees

  • $166 Monthly HOA Fees

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,090 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 6 Parking Spaces
  • 3 Covered Spaces
  • Open Parking

Utilities

  • Baseboard Heating
  • Cable TV Available

Community Details

  • Renton Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2781500030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,468

Year Built

Built in 1989

Lot Details

0

HOA Fees

$166 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1989
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4090
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 345

Interior Features

  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Cul-De-Sac, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • WaterSewerGarbage: 5616

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 166
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Junior High Dist: Renton

Lot Info

  • Parcel Number: 2781500030
  • Lot Size Acres: 0.1235
  • Lot Size Sq Ft: 5381
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 6750

Multi Family

  • Gross Scheduled Income: 81000
  • Net Operating Income: 59612
  • Number Of Units Total: 3
  • Insurance Expense: 2304
  • Leasable Area: 4090
  • EnergySource: Electric
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 11468

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2024
Closed on
Aug 14, 2024
Sold by
Capelluto Marc and Capelluto Adrianne
Bought by
Deguzman Dennis and Lee Shen-Ti
Seller's Agent
Nelya Calev
John L. Scott, Inc
Buyer's Agent
Vincent Chen
Sagareus Real Estate
List Price
$1,150,000
Sold Price
$1,150,000
Views
2
Current Estimated Value
$1,203,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,417
Avg. Annual Appreciation
2.13%

Purchase Details

Closed on
Mar 16, 2018
Sold by
Yaghdjian Krikor and Yaghdjian Astra
Bought by
Capelluto Marc and Capelluto Adrianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 1993
Sold by
Ketchian Eugenie
Bought by
Yaghdjian Krjkor and Yaghdjian Astra
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 Type Sale Price Title Company
Warranty Deed $1,150,000 Equity Title Of Washington
Warranty Deed $790,000 First American Title Insuran
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $582,350 New Conventional
Previous Owner $590,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2024 08/15/24 Sold $1,150,000 0.0% $281 / Sq Ft
06/15/2024 06/15/24 Pending -- -- --
06/12/2024 06/12/24 For Sale $1,150,000 -- $281 / 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 $11,945 $1,157,000 $371,000 $786,000
2023 $10,633 $979,000 $315,000 $664,000
2022 $9,783 $1,174,000 $298,000 $876,000
2021 $8,733 $858,000 $243,000 $615,000
2020 $8,735 $729,000 $228,000 $501,000
2018 $8,342 $732,000 $228,000 $504,000
2017 $8,196 $623,000 $195,000 $428,000
2016 $7,376 $602,000 $135,000 $467,000
2015 $6,746 $557,000 $125,000 $432,000
2014 -- $533,000 $119,000 $414,000
2013 -- $450,000 $103,000 $347,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2250370

Northwest Multiple Listing Service (NWMLS)

APN: 278150-0030