NOT LISTED FOR SALE

Estimated Value: $1,089,310 - $1,262,000

6 Beds
3 Baths
2,450 Sq Ft
$492/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $1,200,000 $490 Per Sq Ft

Current estimated payment $7,102/month

8 Days on Market

Highlights

  • Spa
  • RV Access or Parking
  • Deck
  • Garfield High School Rated A
  • 0.17 Acre Lot
  • Engineered Wood Flooring

About This Home

As of April 2022

Well kept, attractive 1980 triplex in a great, quiet, private location (5 doors off E. Union) with instant access to shops, restaurants, grocers (PCC, Trader Joes, Grocery Outlet) and bus. 90% efficiency gas furnaces, units metered separately for gas, electric. Unit 1 was and would make ideal OWNERS UNIT, complete with fenced side yard, hot tub. Units 1 & 3 were updated in the late 90's with coffered ceilings, tiled kitchens and baths with skylights, turn of the century fireplace mantels. All units have private rear decks, insulated windows, gas stoves, washer/dryers, wood wrapped windows and private entries. Owner financed sale only. Terms: 4% interest, 5 year cashout, $250k down. Shared driveway. Please DO NOT disturb the tenants.

Last Agent to Sell the Property

DaviD Neth

Coldwell Banker Danforth License #37271 Listed on: 02/22/2022

Coldwell Banker Danforth

Last Buyer's Agent

DaviD Neth

Coldwell Banker Danforth License #37271 Listed on: 02/22/2022

Coldwell Banker Danforth

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1890831

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,840

Year Built

  • Built in 1980 | Remodeled

Lot Details

  • 7,272 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Triplex
  • Block Foundation
  • Poured Concrete
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,450 Sq Ft Home
  • 1-Story Property
  • Thermal Windows

Flooring

  • Engineered Wood
  • Wall to Wall Carpet

Parking

  • 4 Parking Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Outbuilding

Community Details

  • No Home Owners Association
  • Central Area Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7228502140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,840

Year Built

Built in 1980 | Remodeled

Lot Details

7,272 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1980
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2450
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Private Spa: Yes
  • Fireplace: No
  • Flooring: Engineered Hardwood, Hardwood, Carpet
  • Interior Amenities: High Efficiency - 90%+, Hardwood, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Stucco
  • Foundation Details: Post & Block, Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Triplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Natural Gas Available, Sewer Connected, Natural Gas Connected
  • PowerCompany: Seattle City Light
  • SewerCompany: SPU
  • WaterCompany: SPU
  • InternetConnected: Century Link, Wave

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 7228502140
  • Lot Size Acres: 0.1669
  • Lot Size Sq Ft: 7272
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially,Gas Available,Hot Tub/Spa,Outbuildings,Patio,RV Parking
  • MLSLotSizeSource: KCA
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Green Features

  • Efficiency: High Efficiency - 90%+, Thermal Windows
  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16.9
  • LeasedItems: None
  • TotalMonthlyIncome: 5900

Tax Info

  • Year: 2021
  • Tax Annual Amount: 9840
  • AdditionalTaxIds: 722850-2140

Multi Family

  • Number Of Units Total: 3
  • Electric Expense: 180
  • EnergySource: Natural Gas
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2022
Closed on
Apr 28, 2022
Sold by
Dave Newman Jearl
Bought by
Tricent Llc
Seller's Agent
DaviD Neth
Coldwell Banker Danforth
Buyer's Agent
DaviD Neth
Coldwell Banker Danforth
List Price
$1,200,000
Sold Price
$1,200,000
Current Estimated Value
$1,196,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,850
Avg. Annual Appreciation
0.14%
Original Mortgage
$1,000,000
Outstanding Balance
$931,938
Interest Rate
4.16%
Mortgage Type
Seller Take Back
Estimated Equity
$274,390

Purchase Details

Closed on
Nov 20, 2007
Sold by
Neth David Carl
Bought by
Newman Jearl Dave

Purchase Details

Closed on
Apr 7, 2006
Sold by
Newman Jearl Dave
Bought by
Newman Jearl Dave and Neth David Carl

Purchase Details

Closed on
Dec 29, 1997
Sold by
Millard Terence J and Millard Terrance J
Bought by
Newman Jearl D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
7.22%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tricent Llc $1,200,000 None Listed On Document
Newman Jearl Dave -- None Available
Newman Jearl Dave -- None Available
Newman Jearl D $230,000 Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tricent Llc $1,000,000
Previous Owner Newman Jearl D $184,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2022 04/29/22 Sold $1,200,000 0.0% $490 / Sq Ft
03/02/2022 03/02/22 Pending -- -- --
02/22/2022 02/22/22 For Sale $1,200,000 -- $490 / 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 $11,346 $1,087,000 $842,000 $245,000
2023 $10,219 $1,057,000 $842,000 $215,000
2022 $10,232 $1,115,000 $726,000 $389,000
2021 $9,791 $1,034,000 $659,000 $375,000
2020 $9,634 $941,000 $596,000 $345,000
2018 $8,424 $952,000 $370,000 $582,000
2017 $6,760 $794,000 $316,000 $478,000
2016 $6,403 $649,000 $264,000 $385,000
2015 $5,593 $602,000 $245,000 $357,000
2014 -- $535,000 $189,000 $346,000
2013 -- $437,000 $180,000 $257,000
Source: Public Records

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1890831

Northwest Multiple Listing Service (NWMLS)

APN: 722850-2140

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