Listed by Windermere Real Estate/PSR Inc, Bought with Windermere Real Estate Midtown
NOT LISTED FOR SALE

13616 51st Ave S Tukwila, WA 98168

Estimated Value: $703,000 - $970,000

8 Beds
4 Baths
4,620 Sq Ft
$180/Sq Ft Est. Value

Last Sold January 11, 2021

Last sale price $740,000 $160 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,292/month

21 Days on Market

Highlights

  • Territorial View
  • Ceramic Tile Flooring
  • Wood Siding
  • Patio
  • Partially Fenced Property

About This Home

As of January 2021

2 Duplexes on adjacent lots (yet one tax parcel#) must be sold together! Each unit is 1100+ sqft 2 Bedroom/1 Bathroom with full size washer/dryers in units. Very spacious kitchens & living rooms w/ wood burning fireplaces. Large lawn areas & private backyard. Both upper units come with a garage. Lower units have plenty of designated off street parking. New Hot water tanks & freshly painted building exteriors. Vacant lower unit has new flooring, fresh interior paint, new fridge, stove & newly updated bathroom. All but one unit is rented + 2 long term tenants. Close to Foster Golf Links, parks, Rapid Transit & major retail. Ideal commuter location w/ easy access to freeways and just minutes to downtown Seattle & SeaTac Airport.

Last Agent to Sell the Property

Sue Lunsford

Windermere Real Estate/PSR Inc License #104179 Listed on: 11/13/2020

Windermere Real Estate/PSR Inc

Last Buyer's Agent

Lauren Hendricks

Windermere Real Estate Midtown License #83586

Windermere Real Estate Midtown

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1687871

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,982

Year Built

  • Built in 1946

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 97'x134'x121'x164'
  • Street terminates at a dead end
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 4,620 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Parking

  • 7 Parking Spaces
  • 3 Covered Spaces
  • Open Parking

Schools

  • Tukwila Elementary School
  • Showalter Mid Middle School
  • Foster Snr High School

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • Foster Condos
  • Foster Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0003000021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,982

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1946
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Foster
  • New Construction: No
  • CalculatedSquareFootage: 4620
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 374

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Laminate
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Dead End Street, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 7
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: Seattle City Light
  • SewerCompany: City of Tukwila
  • WaterCompany: City of Tukwila
  • WaterSewerGarbage: 6106

Schools

  • Junior High Dist: Tukwila
  • High School: Foster Snr High
  • Middle Or Junior School: Showalter Mid

Lot Info

  • Parcel Number: 0003000021
  • Lot Size Acres: 0.38
  • Lot Size: 97'x134'x121'x164'
  • Lot Size Sq Ft: 16555
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Patio
  • MLSLotSizeSource: Title Company
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 5500

Multi Family

  • Gross Scheduled Income: 59935
  • Net Operating Income: 42771
  • Number Of Units Total: 4
  • Insurance Expense: 4476
  • Leasable Area: 4620
  • UnitsInBuildingTotal: 8
  • UnitsBelowGrade: true
  • VacancyRate: 1

Tax Info

  • Year: 2020
  • Tax Annual Amount: 5982

MLS Schools

  • Elementary School: Tukwila Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2020
Closed on
Jan 9, 2021
Sold by
Kennedy Pamela
Bought by
Stephenson Clayton and Stephenson Sharell
Seller's Agent
Sue Lunsford
Windermere Real Estate/PSR Inc
Buyer's Agent
Lauren Hendricks
Windermere Real Estate Midtown
List Price
$800,000
Sold Price
$740,000
Premium/Discount to List
-$60,000
-7.5%
Current Estimated Value
$829,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,618
Avg. Annual Appreciation
1.94%
Original Mortgage
$726,596
Outstanding Balance
$655,766
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$153,106

Purchase Details

Closed on
Jul 31, 2014
Sold by
Passi Debra Jean
Bought by
Kennedy Pamela Notay

Purchase Details

Closed on
Feb 17, 1982
Sold by
Hine Eugene C and Hine Floraine M
Bought by
Leland Donald K
Source: Public Records

Range of Values:

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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
Stephenson Clayton $740,000 Stewart Title Company
Kennedy Pamela Notay -- None Available
Leland Donald K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stephenson Clayton $726,596
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2021 01/11/21 Sold $740,000 -7.5% $160 / Sq Ft
12/04/2020 12/04/20 Pending -- -- --
11/13/2020 11/13/20 For Sale $800,000 -- $173 / 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 $9,266 $740,000 $242,000 $498,000
2023 $7,412 $646,000 $222,000 $424,000
2022 $7,349 $664,000 $234,000 $430,000
2021 $6,262 $574,000 $204,000 $370,000
2020 $5,982 $505,000 $179,000 $326,000
2018 $6,493 $551,000 $152,000 $399,000
2017 $5,571 $476,000 $137,000 $339,000
2016 $5,029 $420,000 $124,000 $296,000
2015 $4,639 $392,000 $119,000 $273,000
2014 -- $349,000 $107,000 $242,000
2013 -- $292,000 $97,000 $195,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1687871

Northwest Multiple Listing Service (NWMLS)

APN: 000300-0021