$1,150,000
SOLD JAN 31, 2019
-- Bed
-- Bath
2,700 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$426 Per Sq Ft

8% Below List Price

41 Days on Market

Highlights

  • Deck
  • Territorial View
  • Partially Fenced Property
  • Adams Elementary School Rated A
  • Wood Flooring
  • 1-minute walk to Ballard Corners Park

About This Home

As of February 2025

Three units in prime central Ballard location on a 5,000 square foot lot with desirable LR1 Zoning! Classic mid-century with hardwoods, large bedrooms, fireplaces, two one-car garages plus additional off street tandem parking. New roof, private fenced yard & covered patio. Built in 1961 as a duplex and converted to a non-conforming triplex prior to 1965. Great development opportunity, investment, or owner-occupied property.

Last Buyer's Agent

Skyler Kernodle

Array Real Estate License #129704

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1338950

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,561

Year Built

  • Built in 1961

Lot Details

  • 5,000 Sq Ft Lot
  • Partially Fenced Property
  • Value in Land

Home Design

  • Triplex
  • Flat Roof Shape
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 2,700 Sq Ft Home
  • 3-Story Property
  • Territorial Views

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 5 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck

Community Details

  • Ballard Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2767602115

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,561

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1961
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2700
  • Special Features: None
  • Cumulative Days on Market: 363

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Forced Air, Hardwood, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Flat
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk, Value In Land
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Seattle City Light
  • SewerCompany: Seattle Public Utilities
  • WaterCompany: Seattle Public Utilities
  • WaterSewerGarbage: 3177

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 2767602115
  • Lot Size Acres: 0.1148
  • Lot Size Sq Ft: 5000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 19
  • LeasedItems: None
  • TotalMonthlyIncome: 5450

Multi Family

  • Gross Scheduled Income: 65400
  • Net Operating Income: 53475
  • Number Of Units Total: 3
  • Insurance Expense: 1163
  • Leasable Area: 2700
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2016
  • Tax Annual Amount: 6561

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2025
Closed on
Feb 6, 2025
Sold by
1526 62Nd Llc
Bought by
Crosier Curtis and Le Brianna Amber
Seller's Agent
John Lux
Coldwell Banker Bain
Buyer's Agent
Michelle Le
COMPASS
List Price
$1,099,000
Sold Price
$1,099,000
Views
1
Current Estimated Value
$1,081,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,459
Avg. Annual Appreciation
-3.53%
Original Mortgage
$879,200
Outstanding Balance
$877,711
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$204,420

Purchase Details

Closed on
Mar 28, 2023
Sold by
Lof Ii Holdings Llc
Bought by
1526 62Nd Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,300,000
Interest Rate
6.32%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 1, 2022
Sold by
Sage Homes Northwest Llc
Bought by
Lof Ii Holdings Llc

Purchase Details

Listed on
Aug 1, 2018
Closed on
Jan 24, 2019
Sold by
Goodman Jerry and Goodman Jeanine
Bought by
Sage Homes Northwest Llc
Buyer's Agent
Skyler Kernodle
Array Real Estate
List Price
$1,250,000
Sold Price
$1,150,000
Premium/Discount to List
-$100,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.94%
Original Mortgage
$862,500
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 20, 2007
Sold by
Goodman Jerry and Goodman Jeanine
Bought by
Goodman Jerry and Goodman Jeanine

Purchase Details

Closed on
Jul 22, 1998
Sold by
Goodman Herbert and Goodman Ellen
Bought by
Goodman Jerry and Goodman Jeanine
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,099,000 Old Republic Title
Warranty Deed $1,075,000 Chicago Title
Warranty Deed $1,075,000 Chicago Title
Warranty Deed $1,150,000 Old Republic Title
Interfamily Deed Transfer -- None Available
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $879,200 New Conventional
Previous Owner $3,300,000 Construction
Previous Owner $862,500 Commercial
Previous Owner $412,500 New Conventional
Previous Owner $417,000 New Conventional
Previous Owner $406,500 Unknown
Previous Owner $204,299 Unknown
Closed $746,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2025 02/11/25 Sold $1,099,000 0.0% $634 / Sq Ft
02/11/2025 02/11/25 For Sale $1,099,000 +1.1% $634 / Sq Ft
02/10/2025 02/10/25 Sold $1,087,055 -0.3% $627 / Sq Ft
01/20/2025 01/20/25 Pending -- -- --
12/17/2024 12/17/24 For Sale $1,089,900 +0.3% $629 / Sq Ft
12/16/2024 12/16/24 Off Market $1,087,055 -- --
11/27/2024 11/27/24 Price Changed $1,089,900 -6.8% $629 / Sq Ft
08/16/2024 08/16/24 For Sale $1,169,900 +1.7% $675 / Sq Ft
01/31/2019 01/31/19 Sold $1,150,000 -8.0% $426 / Sq Ft
09/11/2018 09/11/18 Pending -- -- --
08/01/2018 08/01/18 For Sale $1,250,000 -- $463 / 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 $8,189 $863,000 $268,000 $595,000
2023 $3,748 $161,600 $160,600 $1,000
2022 $11,155 $1,239,000 $865,000 $374,000
2021 $9,587 $1,177,000 $801,000 $376,000
2020 $9,635 $953,000 $682,000 $271,000
2018 $8,818 $973,000 $722,000 $251,000
2017 $7,082 $862,000 $640,000 $222,000
2016 $6,561 $709,000 $290,000 $419,000
2015 $5,706 $641,000 $263,000 $378,000
2014 -- $568,000 $234,000 $334,000
2013 -- $524,000 $216,000 $308,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1338950

Northwest Multiple Listing Service (NWMLS)

APN: 276760-2115