Listed by Paragon Real Estate Advisors, Bought with Windermere Real Estate/East
NOT LISTED FOR SALE

Estimated Value: $1,191,000 - $1,400,000

4 Beds
3 Baths
2,750 Sq Ft
$471/Sq Ft Est. Value

Last Sold December 30, 2022

Last sale price $1,260,000 $458 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $7,727/month

125 Days on Market

About This Home

As of December 2022

This triplex offers a unique mix of units - one 1BD/1BTH unit, one 2BD/1BTH unit, and one 3BD/1.75BTH townhouse-style unit. The building sits back off the street, behind a charming courtyard, giving occupants a great spot to enjoy summer days. The units are currently renting well below market presenting significant rental upside. The property will operate at a 4.8% CAP rate when rents are brought up to market. The condition of the units also gives a buyer the opportunity to update the units and capture higher rents. The location is great for commuters heading to both north or south Seattle as it is only a few blocks to the Capitol Hill Light Rail Station. Cal Anderson Park and Broadway Avenue are also just a few blocks away.

Last Agent to Sell the Property

Michael Urquhart

Paragon Real Estate Advisors License #135356 Listed on: 06/21/2022

Co-Listed By

Brian Platt

Paragon Real Estate Advisors License #85375

Last Buyer's Agent

Lisa Novak

Windermere Real Estate/East License #123051

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2004144

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,578

Year Built

  • Built in 1945

Lot Details

  • 3,840 Sq Ft Lot

Home Design

  • Triplex
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

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

Community Details

  • No Home Owners Association
  • Capitol Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1728800085

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,578

Year Built

Built in 1945

Lot Details

3,840 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1945
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2750
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Brick
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 1728800085
  • Lot Size Acres: 0.0882
  • Lot Size Sq Ft: 3840
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: King County

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16.9
  • LeasedItems: None
  • TotalMonthlyIncome: 6542

Tax Info

  • Year: 2022
  • Tax Annual Amount: 10578

Multi Family

  • Number Of Units Total: 3
  • EnergySource: Electric
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2004
Sold by
Rosso Gene J
Bought by
Shiebler Scott O and Liljegren Eric J
Current Estimated Value
$1,294,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,450
Outstanding Balance
$205,849
Interest Rate
3.72%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,088,865

Purchase Details

Closed on
Sep 18, 2000
Sold by
Rosso Gene J and Rosso Gene J
Bought by
Rosso Ii Gene J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Shiebler Scott O $550,000 Old Republic T
Rosso Ii Gene J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shiebler Scott O $494,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2022 12/30/22 Sold $1,260,000 -4.9% $458 / Sq Ft
10/24/2022 10/24/22 Pending -- -- --
06/21/2022 06/21/22 For Sale $1,325,000 -- $482 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $11,889 $1,233,000 $1,067,000 $166,000
2023 $11,072 $1,167,000 $1,017,000 $150,000
2022 $10,578 $1,279,000 $640,000 $639,000
2021 $10,412 $1,147,000 $551,000 $596,000
2020 $10,619 $1,073,000 $517,000 $556,000
2018 $9,157 $1,106,000 $531,000 $575,000
2017 $7,284 $922,000 $453,000 $469,000
2016 $6,582 $754,000 $378,000 $376,000
2015 $5,728 $664,000 $351,000 $313,000
2014 -- $590,000 $270,000 $320,000
2013 -- $619,000 $383,000 $236,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2004144

Northwest Multiple Listing Service (NWMLS)

APN: 172880-0085

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