Listed by Coldwell Banker Bain, Bought with Windermere Real Estate Midtown
NOT LISTED FOR SALE

Estimated Value: $926,000 - $1,332,906

2 Beds
2 Baths
2,450 Sq Ft
$459/Sq Ft Est. Value

Last Sold November 02, 2020

Last sale price $900,000 $367 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $7,123/month

13 Days on Market

Highlights

  • Territorial View
  • Patio
  • Wood Siding
  • Hamilton International Middle School Rated A
  • Partially Fenced Property
  • Wall to Wall Carpet

About This Home

As of November 2020

Zoned LR-1 & conveniently located close to the heart of Wallingford, just south of Green Lake with easy access to I-5 & 99! This well-maintained & currently rented duplex offers main-floor & upstairs units, with a separate exterior entrance to the unfinished basement. All 3 levels are metered separately. Large, detached 2-car garage with off-street parking for ~3-4 cars parked tandem. Enjoy a level back yard with patio & garden. First time on the market in 50+ years! Tremendous opportunity!

Last Agent to Sell the Property

Whitney Mason

Coldwell Banker Bain License #80924 Listed on: 09/03/2020

Coldwell Banker Bain

Last Buyer's Agent

Dustin Ziegelmann

Windermere Real Estate Midtown License #26445

Windermere Real Estate Midtown

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1658523

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,669

Year Built

  • Built in 1913

Lot Details

  • 5,000 Sq Ft Lot
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,450 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Additional Features

  • Patio
  • Heat Pump System

Community Details

  • Porterfields Addition Condos
  • Wallingford Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / 8
  • Assessor Parcel Number 6865200375

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,669

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1913
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Porterfields Addition
  • New Construction: No
  • CalculatedSquareFootage: 2450
  • Special Features: VirtualTour
  • Cumulative Days on Market: 358

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Heat Pump, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: City of Seattle
  • SewerCompany: City of Seattle
  • WaterCompany: City of Seattle
  • WaterSewerGarbage: 3420

Schools

  • Junior High Dist: Seattle
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 6865200375
  • Lot Size Acres: 0.1148
  • Lot Size Sq Ft: 5000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Patio
  • MLSLotSizeSource: CoreLogic
  • ZoningJurisdiction: City
  • LotNumber: 4

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 35
  • LeasedItems: None
  • TotalMonthlyIncome: 2400

Multi Family

  • Gross Scheduled Income: 28800
  • Net Operating Income: 15695
  • Number Of Units Total: 2
  • Electric Expense: 66
  • Insurance Expense: 950
  • Leasable Area: 1550
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 8669

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2020
Closed on
Oct 27, 2020
Sold by
Johnson Merv A and Estate Of Linda Sue Johnson
Bought by
Pickel Jed M and Pickel Courteney P
Seller's Agent
Whitney Mason
Coldwell Banker Bain
Buyer's Agent
Dustin Ziegelmann
Windermere Real Estate Midtown
List Price
$998,000
Sold Price
$900,000
Premium/Discount to List
-$98,000
-9.82%
Current Estimated Value
$1,124,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,977
Avg. Annual Appreciation
5.43%
Original Mortgage
$510,400
Outstanding Balance
$459,335
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$699,985

Purchase Details

Closed on
Nov 25, 2002
Sold by
Holdt Ellen B and Johnson Irving M
Bought by
Johnson Linda S
Source: Public Records

Range of Values:

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Average Value
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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
Pickel Jed M $900,000 Rainier Title Llc
Johnson Linda S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pickel Jed M $510,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2020 11/02/20 Sold $900,000 -9.8% $367 / Sq Ft
09/16/2020 09/16/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $998,000 -- $407 / 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 $11,560 $1,182,000 $1,181,000 $1,000
2023 $9,246 $1,159,000 $1,158,000 $1,000
2022 $8,844 $1,054,000 $1,053,000 $1,000
2021 $8,653 $928,000 $927,000 $1,000
2020 $8,669 $863,000 $394,000 $469,000
2018 $8,057 $903,000 $415,000 $488,000
2017 $7,094 $791,000 $364,000 $427,000
2016 $6,597 $719,000 $331,000 $388,000
2015 $5,622 $653,000 $302,000 $351,000
2014 -- $567,000 $271,000 $296,000
2013 -- $498,000 $239,000 $259,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1658523

Northwest Multiple Listing Service (NWMLS)

APN: 686520-0375