Listed by Windermere West Metro, Bought with John L Scott RE West Seattle
NOT LISTED FOR SALE

Estimated Value: $547,000 - $784,000

3 Beds
2 Baths
2,000 Sq Ft
$328/Sq Ft Est. Value

Last Sold August 19, 2020

Last sale price $430,000 $215 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,138/month

10 Days on Market

Highlights

  • Corner Lot
  • Property is Fully Fenced
  • Wall to Wall Carpet
  • Patio
  • Wood Siding
  • 1-Story Property

About This Home

As of August 2020

Excellent opportunity to own this multi versatile site in Olde Burien. Zoned SPA-1. Currently renovated for duplex set up w/gorgeous courtyard in rear. Owner has used for VRBO & Airbnb, with a walk score of 93. 2 bed & 1 bath in south unit, along with 1 bed & 1 bath in north unit. Both units are equipped with kitchen facilities along with washer and dryers. Parking in front of building. Tenants are currently month to month. Just minutes to the airport, & close to SODO and all major freeways.

Last Agent to Sell the Property

Chad & Cyndi Ohrt

Windermere West Metro License #19105 Listed on: 05/23/2020

Windermere West Metro

Co-Listed By

Chad and Cyndi Ohrt

Windermere West Metro License #24633

Last Buyer's Agent

Kari Scott

John L Scott RE West Seattle License #24618

John L Scott RE West Seattle

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1604570

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $328

Year Built

  • Built in 1915

Lot Details

  • 2,400 Sq Ft Lot
  • Property is Fully Fenced
  • Corner Lot
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 3 Parking Spaces
  • Open Parking

Schools

  • Gregory Heights Elementary School
  • Sylvester Mid Middle School
  • Highline High School

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • Burien Lake View Trac Condos
  • Burien Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 16
  • Assessor Parcel Number 1220000130

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$328

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1915
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Burien Lake View Trac
  • New Construction: No
  • CalculatedSquareFootage: 2000
  • SOCComments: Occupied, must make apptmnt with agents
  • Special Features: VirtualTour
  • Cumulative Days on Market: 354

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Corner Lot, Curbs, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Natural Gas Connected
  • PowerCompany: Seattle City Light
  • SewerCompany: SW Suburban
  • WaterCompany: Water Dist #49
  • WaterSewerGarbage: 132

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Highline
  • High School: Highline High
  • Middle Or Junior School: Sylvester Mid

Lot Info

  • Parcel Number: 1220000130
  • Lot Size Acres: 0.0551
  • Lot Size Sq Ft: 2400
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Gas Available,Patio,Shop
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • LotNumber: 1

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2700

Tax Info

  • Year: 2020
  • Tax Annual Amount: 328

Multi Family

  • Number Of Units Total: 2
  • Electric Expense: 58
  • Insurance Expense: 407
  • Leasable Area: 2000
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

MLS Schools

  • Elementary School: Gregory Heights Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2020
Closed on
Aug 17, 2020
Sold by
Sutherland Brenda
Bought by
Mockler Richard Williams
Seller's Agent
Chad & Cyndi Ohrt
Windermere West Metro
Buyer's Agent
Kari Scott
John L Scott RE West Seattle
List Price
$499,000
Sold Price
$430,000
Premium/Discount to List
-$69,000
-13.83%
Current Estimated Value
$654,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,652
Avg. Annual Appreciation
9.02%
Original Mortgage
$322,500
Outstanding Balance
$289,278
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$372,248

Purchase Details

Listed on
May 23, 2020
Closed on
Aug 16, 2020
Sold by
Christianson Vince J
Bought by
Mockler Richard Williams
Seller's Agent
Chad & Cyndi Ohrt
Windermere West Metro
Buyer's Agent
Kari Scott
John L Scott RE West Seattle
List Price
$499,000
Sold Price
$430,000
Premium/Discount to List
-$69,000
-13.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Outstanding Balance
$289,278
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$372,248

Purchase Details

Closed on
Jul 27, 2018
Sold by
V Corp Properties Llc
Bought by
Christianson Vince J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2017
Sold by
Killien Charlotte Elfreda Troeh
Bought by
V Corp Properties Llc

Purchase Details

Closed on
Mar 1, 2001
Sold by
Troeh Catherine H
Bought by
Catherine H Troeh Living Trust
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
Mockler Richard Williams -- First American
Mockler Richard Williams $430,000 First American
Christianson Vince J -- First American Title Insuran
V Corp Properties Llc $147,000 Cw Title
Catherine H Troeh Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mockler Richard Williams $322,500
Previous Owner Christianson Vince J $400,000
Closed V Corp Properties Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2020 08/19/20 Sold $430,000 -13.8% $215 / Sq Ft
06/02/2020 06/02/20 Pending -- -- --
05/23/2020 05/23/20 For Sale $499,000 -- $250 / 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 $6,644 $592,000 $113,000 $479,000
2023 $6,498 $560,000 $112,000 $448,000
2022 $6,207 $592,000 $112,000 $480,000
2021 $5,707 $499,000 $95,000 $404,000
2020 $3,928 $442,000 $84,000 $358,000
2018 $3,740 $286,000 $117,000 $169,000
2017 $3,082 $260,000 $102,000 $158,000
2016 $2,740 $215,000 $92,000 $123,000
2015 $2,511 $197,000 $84,000 $113,000
2014 -- $172,000 $75,000 $97,000
2013 -- $179,000 $96,000 $83,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1604570

Northwest Multiple Listing Service (NWMLS)

APN: 122000-0130