Listed by Coldwell Banker Bain, Bought with Prime Metropolis Properties
NOT LISTED FOR SALE

Estimated Value: $991,000 - $1,234,424

5 Beds
4 Baths
3,560 Sq Ft
$310/Sq Ft Est. Value

Last Sold October 18, 2016

Last sale price $650,000 $183 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $6,676/month

7 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Patio
  • Hazen Senior High School Rated A-
  • Thermal Windows
  • Central Air

About This Home

As of October 2016

Investor Opportunity for a wonderful Duplex w/upward growth potential in rent. Very large 2400 sq. ft. unit on 1 side designed for the Owner to occupy & above standard finishes & features throughout as result. Has 3 huge BR & 2.25 Bathrooms + Office + FR + more. Rented under market now. Keep as Rental or live in at end of current lease term! 2nd unit is 1160 sq. ft. & has 2 BR & 1.5 Bathrooms. Each has private back yard. 3 car attached garage and 3 extra uncovered spaces. No sign!

Last Agent to Sell the Property

Wayne Snoey

Coldwell Banker Bain Listed on: 09/23/2016

Coldwell Banker Bain

Last Buyer's Agent

Agnes Chan Low

Prime Metropolis Properties License #18382

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1033645

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,922

Year Built

  • Built in 1981

Lot Details

  • 9,147 Sq Ft Lot
  • Property is Fully Fenced
  • Corner Lot
  • Sprinkler System
  • Property is in very good condition

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,560 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 6 Parking Spaces
  • 3 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • Highlands Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0323059169

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,922

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1981
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3560
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Interior Amenities: Forced Air, Heat Pump, Central A/C, Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Tile
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Brick, Stucco
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: City of Renton
  • WaterCompany: City of Renton

Schools

  • Junior High Dist: Renton

Lot Info

  • Parcel Number: 0323059169
  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 9147
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,High Speed Internet,Patio,Sprinkler System
  • MLSLotSizeSource: King County Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 4000

Tax Info

  • Year: 2016
  • Tax Annual Amount: 5922

Multi Family

  • Number Of Units Total: 6
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2016
Closed on
Oct 11, 2016
Sold by
Gibbs Jerry E and Gibbs Ruth E
Bought by
Rich & Smooth Limited
Seller's Agent
Wayne Snoey
Coldwell Banker Bain
Buyer's Agent
Agnes Chan Low
Prime Metropolis Properties
List Price
$650,000
Sold Price
$650,000
Current Estimated Value
$1,104,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$454,856
Avg. Annual Appreciation
6.05%

Purchase Details

Closed on
Aug 5, 2015
Sold by
Gibbs Jerry E and Gibbs Ruth E
Bought by
Gibbs Jerry E and Ruth E Gibbs Revocable L

Purchase Details

Closed on
Mar 1, 1982
Sold by
Carter Randolph and Carter Vera G
Bought by
Gibbs Jerry E and Gibbs Ruth E
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
Rich & Smooth Limited $650,000 Rainier Title
Gibbs Jerry E -- None Available
Gibbs Jerry E -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2016 10/18/16 Sold $650,000 0.0% $183 / Sq Ft
10/01/2016 10/01/16 Pending -- -- --
09/23/2016 09/23/16 For Sale $650,000 -- $183 / 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 $10,577 $1,023,000 $526,000 $497,000
2023 $10,121 $894,000 $462,000 $432,000
2022 $8,926 $1,033,000 $533,000 $500,000
2021 $8,175 $782,000 $256,000 $526,000
2020 $7,397 $683,000 $219,000 $464,000
2018 $7,450 $607,000 $213,000 $394,000
2017 $6,705 $555,000 $194,000 $361,000
2016 $5,922 $486,000 $171,000 $315,000
2015 $5,458 $447,000 $150,000 $297,000
2014 -- $431,000 $141,000 $290,000
2013 -- $327,000 $116,000 $211,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1033645

Northwest Multiple Listing Service (NWMLS)

APN: 032305-9169