Listed by Windermere West Metro, Bought with Windermere Bellevue Commons
NOT LISTED FOR SALE

Estimated Value: $1,218,000 - $1,527,000

4 Beds
2 Baths
1,880 Sq Ft
$707/Sq Ft Est. Value

Last Sold August 18, 2020

Last sale price $1,124,500 $598 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $8,160/month

244 Days on Market

Highlights

  • Bay View
  • Deck
  • Ceramic Tile Flooring
  • Alki Elementary School Rated A-
  • Patio
  • Wood Siding

About This Home

As of August 2020

Alki Beach View Duplex! Superb owner-occupied with rental income - imagine the possibilities! Located along Alki’s coveted corridor with NO telephone wires & MID-RISE ZONING, this duplex with un-blockable views has 2 bedrooms, 1 bath & laundry in each unit, with parking! Close to Alki’s hip restaurants, pubs & coffee houses as well as our famous waterfront bike/strolling path! The upper unit has a large entertainment-sized view deck and the lower level features level entry! Aloha from Alki!

Last Agent to Sell the Property

Randie Stone

Windermere West Metro License #19165 Listed on: 11/14/2019

Windermere West Metro

Last Buyer's Agent

Tim Lenseigne

Windermere Bellevue Commons License #17798

Windermere Bellevue Commons

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1541027

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,869

Year Built

  • Built in 1984

Lot Details

  • 3,720

Property Views

  • Bay
  • Mountain
  • Territorial

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,880 Sq Ft Home
  • 2-Story Property

Flooring

  • Laminate
  • Ceramic Tile

Parking

  • 2 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Alki Elementary School
  • Madison Mid Middle School
  • West Seattle High School

Additional Features

  • 3,720 Sq Ft Lot
  • Cable TV Available

Community Details

  • Alki Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3870900125

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,869

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1984
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1880
  • Special Features: None
  • Cumulative Days on Market: 790

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Ceramic Tile, Laminate Tile
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Bay, Mountain(s), Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: SCL
  • SewerCompany: SPU
  • WaterCompany: SPU
  • WaterSewerGarbage: 2052

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Fee Information

  • Annual Fuel Expense: 770

Schools

  • Junior High Dist: Seattle
  • High School: West Seattle High
  • Middle Or Junior School: Madison Mid

Lot Info

  • Parcel Number: 3870900125
  • Lot Size Acres: 0.0854
  • Lot Size Sq Ft: 3720
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Patio
  • MLSLotSizeSource: KCR
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2845

Multi Family

  • Gross Scheduled Income: 45000
  • Net Operating Income: 21458
  • Number Of Units Total: 2
  • Electric Expense: 900
  • Insurance Expense: 699
  • Leasable Area: 1880
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2019
  • Tax Annual Amount: 6869

MLS Schools

  • Elementary School: Alki

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2019
Closed on
Aug 13, 2020
Sold by
M & M Mcclean Llc
Bought by
Mazure Patrick C
Seller's Agent
Randie Stone
Windermere West Metro
Buyer's Agent
Tim Lenseigne
Windermere Bellevue Commons
List Price
$1,200,000
Sold Price
$1,124,500
Premium/Discount to List
-$75,500
-6.29%
Current Estimated Value
$1,328,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,121
Avg. Annual Appreciation
3.36%
Original Mortgage
$500,000
Outstanding Balance
$448,494
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$880,127

Purchase Details

Closed on
Jan 15, 2003
Sold by
Mcclean Steven P and Mcclean Deborah M
Bought by
M&M Mcclean Properties Llc

Purchase Details

Closed on
Apr 3, 1996
Sold by
Finn Frederick Dewitt and Finn Janis Mary
Bought by
Mcclean Steven P and Mcclean Deborah M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.79%
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
Mazure Patrick C $1,124,500 Chicago Title
M&M Mcclean Properties Llc -- --
Mcclean Steven P $305,000 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mazure Patrick C $500,000
Previous Owner Mcclean Steven P $212,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2020 08/18/20 Sold $1,124,500 -2.1% $598 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
04/09/2020 04/09/20 Price Changed $1,149,000 -4.3% $611 / Sq Ft
11/14/2019 11/14/19 For Sale $1,200,000 -- $638 / 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 $11,220 $1,156,000 $1,155,000 $1,000
2023 $10,212 $1,068,000 $1,067,000 $1,000
2022 $8,977 $1,043,000 $1,033,000 $10,000
2021 $7,846 $962,000 $952,000 $10,000
2020 $7,713 $793,000 $718,000 $75,000
2018 $7,005 $781,000 $717,000 $64,000
2017 $6,694 $694,000 $651,000 $43,000
2016 $6,427 $688,000 $620,000 $68,000
2015 $6,234 $646,000 $583,000 $63,000
2014 -- $643,000 $525,000 $118,000
2013 -- $553,000 $457,000 $96,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1541027

Northwest Multiple Listing Service (NWMLS)

APN: 387090-0125