Listed by RSVP Brokers ERA, Bought with Allied Realty & Management LLC
NOT LISTED FOR SALE

Estimated Value: $1,845,985 - $2,605,000

-- Bed
-- Bath
4,930 Sq Ft
$435/Sq Ft Est. Value

Last Sold July 31, 2012

Last sale price $668,000 $135 Per Sq Ft

Est. 221% increase in value since last sale

Current estimated payment $12,229/month

214 Days on Market

Highlights

  • Deck
  • Thermal Windows
  • Patio
  • Robert Frost Elementary School Rated A
  • Cul-De-Sac
  • High Speed Internet

About This Home

As of July 2012

New vinyl windows throughout, exterior was painted 2009 and a new roof was added 2009. All have private, fenced yards, directly behind King Co. Library and close to shopping & buslines. Unit A is a townhome with 2 bedrooms and 1.5 baths; Unit B is a townhome with 2 bedrooms and 2.5 baths; Unit C is a townhome with 3 bedrooms, 2.5 baths - walk in closet and deck in master and Unit D is a single story with 1 bedroom and 1 bath. All units have range, fridge, washer/dryer, dishwasher & fireplaces.

Last Agent to Sell the Property

Ken McLeland

RSVP Brokers ERA License #4743 Listed on: 11/07/2011

RSVP Brokers ERA

Last Buyer's Agent

Vincent Chen

Allied Realty & Management LLC License #33067

Allied Realty & Management LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 292816

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,978

Year Built

  • Built in 1976

Lot Details

  • 0.32 Acre Lot
  • Cul-De-Sac
  • Property is Fully Fenced
  • Property is in very good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,930 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 10 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Kingsgate Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3876360060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,978

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1976
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 4930
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: See Remarks, Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 10
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • WaterSewerGarbage: 4000

Schools

  • Junior High Dist: Lake Washington

Lot Info

  • Parcel Number: 3876360060
  • Lot Size Acres: 0.3224
  • Lot Size: 14044
  • Lot Size Sq Ft: 14044
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,High Speed Internet,Patio
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 4600

Multi Family

  • Gross Scheduled Income: 55200
  • Net Operating Income: 32900
  • Number Of Units Total: 4
  • Insurance Expense: 2035
  • Leasable Area: 4930
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2011
  • Tax Annual Amount: 8978

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2018
Sold by
Seattle Kingsgate Management Llc
Bought by
Zhang Zhaolong and Xie Qun
Current Estimated Value
$2,143,995

Purchase Details

Closed on
Nov 20, 2013
Sold by
Zhang Zhaolong and Xie Qun
Bought by
Seattle Kingsgate Management Llc

Purchase Details

Listed on
Nov 7, 2011
Closed on
Jul 24, 2012
Sold by
Conger Kurt J
Bought by
Zhang Zhaolong and Xie Qun
Seller's Agent
Ken McLeland
RSVP Brokers ERA
Buyer's Agent
Vincent Chen
Allied Realty & Management LLC
List Price
$780,000
Sold Price
$668,000
Premium/Discount to List
-$112,000
-14.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.20%
Original Mortgage
$501,000
Interest Rate
3.56%

Purchase Details

Closed on
Jun 20, 2009
Sold by
Conger Kurt J
Bought by
Conger Kurt J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,500
Interest Rate
5.2%

Purchase Details

Closed on
May 11, 2006
Sold by
Conger Deborah F
Bought by
Conger Kurt J

Purchase Details

Closed on
Apr 18, 2000
Sold by
Arasim Kenneth W
Bought by
Conger Kurt J and Conger Deborah F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8.24%

Purchase Details

Closed on
Sep 9, 1999
Sold by
Gimness Gerald B and Gimness Marjorie A
Bought by
Arasim Kenneth W
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
Zhang Zhaolong -- None Available
Seattle Kingsgate Management Llc -- None Available
Zhang Zhaolong $668,000 First American
Conger Kurt J -- Fidelity Natl Title Ins Co
Conger Kurt J -- Pacific Northwest Title
Conger Kurt J $495,000 Transnation Title Insurance
Arasim Kenneth W $465,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zhang Zhaolong $501,000
Previous Owner Conger Kurt J $263,500
Previous Owner Conger Kurt J $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2012 07/31/12 Sold $668,000 -14.4% $135 / Sq Ft
06/09/2012 06/09/12 Pending -- -- --
11/07/2011 11/07/11 For Sale $780,000 -- $158 / 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 $11,820 $1,397,000 $351,100 $1,045,900
2023 $12,475 $1,567,000 $351,100 $1,215,900
2022 $12,833 $1,598,000 $294,900 $1,303,100
2021 $14,027 $1,403,000 $294,900 $1,108,100
2020 $13,046 $1,409,000 $280,800 $1,128,200
2018 $10,585 $1,090,000 $238,700 $851,300
2017 $9,823 $1,002,000 $224,700 $777,300
2016 $8,611 $968,000 $210,600 $757,400
2015 -- $830,000 $205,000 $625,000
2014 -- $728,000 $205,000 $523,000
2013 -- $729,000 $205,000 $524,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 292816

Northwest Multiple Listing Service (NWMLS)

APN: 387636-0060