NOT LISTED FOR SALE

Estimated Value: $1,131,000 - $1,537,058

4 Beds
2 Baths
4,578 Sq Ft
$274/Sq Ft Est. Value

Last Sold August 03, 2020

Last sale price $1,150,000 $251 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $7,703/month

79 Days on Market

Highlights

  • Deck
  • Territorial View
  • Cul-De-Sac
  • Secluded Lot
  • Gazebo
  • Gated Home

About This Home

As of August 2020

The Tukwila 4-Unit has been well-cared for and owner-occupied for the last 18 years. All units are 2B/1B with a garage and quiet patio or deck space. Two units are townhouse style while the other two are flats. Units come equipped with washer/dryers, dish washers, and fireplaces. Rent comps in the area put the property at a 5.93% cap rate. Property will be vacant upon close. The location is just a few blocks from the light rail and abuts a picturesque ravine.

Last Agent to Sell the Property

Ethan Szmania

The Foundation Group LLC License #125178 Listed on: 03/11/2020

Co-Listed By

Aaron Locke

The Foundation Group LLC License #107646

Last Buyer's Agent

Ethan Szmania

The Foundation Group LLC License #125178 Listed on: 03/11/2020

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1576360

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,116

Year Built

  • Built in 1984 | Remodeled

Lot Details

  • 7,561 Sq Ft Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Gated Home
  • Property is Fully Fenced
  • Secluded Lot

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,578 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Gazebo

Schools

  • Thorndyke Elementary School
  • Showalter Mid Middle School
  • Foster Snr High School

Utilities

  • Cable TV Available

Community Details

  • Tukwila Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0043000264

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,116

Year Built

Built in 1984 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1984
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4578
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: See Remarks
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks,Storage

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Cul-De-Sac, Dead End Street, Secluded
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Slab
  • Property Condition: Remodeled
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Available
  • Water Source: Community
  • Security: SecurityGate, PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: Valley View Sewer District
  • WaterCompany: King County Water District NO.125
  • WaterSewerGarbage: 4300

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Tukwila
  • High School: Foster Snr High
  • Middle Or Junior School: Showalter Mid

Lot Info

  • Parcel Number: 0043000264
  • Lot Size Acres: 0.1736
  • Lot Size Sq Ft: 7561
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cabana/Gazebo,Cable TV,Deck,Fenced-Fully,Gated Entry,Shop
  • MLSLotSizeSource: King County Parcel Viewer
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 7040

Multi Family

  • Gross Scheduled Income: 82800
  • Net Operating Income: 68245
  • Number Of Units Total: 4
  • Insurance Expense: 2539
  • Leasable Area: 4299
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 8116

MLS Schools

  • Elementary School: Thorndyke Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2020
Closed on
Jul 29, 2020
Sold by
Johnson Todd
Bought by
Bellinaso Marcelo Lorensi and Wenzel Maira C
Seller's Agent
Ethan Szmania
The Foundation Group LLC
Buyer's Agent
Ethan Szmania
The Foundation Group LLC
List Price
$1,150,000
Sold Price
$1,150,000
Current Estimated Value
$1,253,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,765
Avg. Annual Appreciation
1.93%
Original Mortgage
$862,500
Outstanding Balance
$774,959
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$494,124

Purchase Details

Closed on
Feb 5, 2002
Sold by
Jensen Janet J and Dunstan Janet J
Bought by
Johnson Todd A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,285
Interest Rate
7.15%

Purchase Details

Closed on
Dec 28, 1999
Sold by
Dunstan Thomas E
Bought by
Dunstan Janet J

Purchase Details

Closed on
May 23, 1997
Sold by
Kawaguchi Arthur S and Kawaguchi Sally
Bought by
Dunstan Thomas E and Dunstan Janet J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.08%
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
Bellinaso Marcelo Lorensi $1,150,000 Stewart Title
Johnson Todd A $300,300 Fidelity National Title
Dunstan Janet J -- --
Dunstan Thomas E $225,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bellinaso Marcelo Lorensi $862,500
Previous Owner Johnson Todd A $285,285
Previous Owner Dunstan Thomas E $180,000
Closed Dunstan Thomas E $22,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2020 08/03/20 Sold $1,150,000 0.0% $251 / Sq Ft
05/29/2020 05/29/20 Pending -- -- --
04/23/2020 04/23/20 For Sale $1,150,000 0.0% $251 / Sq Ft
04/17/2020 04/17/20 Pending -- -- --
04/06/2020 04/06/20 For Sale $1,150,000 0.0% $251 / Sq Ft
03/30/2020 03/30/20 Off Market $1,150,000 -- --
03/11/2020 03/11/20 For Sale $1,150,000 -- $251 / 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 $12,675 $933,000 $136,000 $797,000
2023 $11,602 $963,000 $128,500 $834,500
2022 $10,838 $1,063,000 $122,800 $940,200
2021 $9,023 $861,000 $120,900 $740,100
2020 $8,116 $719,000 $120,900 $598,100
2018 $6,983 $592,000 $110,000 $482,000
2017 $6,722 $512,000 $85,000 $427,000
2016 $5,720 $507,000 $85,000 $422,000
2015 $5,368 $446,000 $85,000 $361,000
2014 -- $404,000 $75,600 $328,400
2013 -- $434,000 $75,600 $358,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1576360

Northwest Multiple Listing Service (NWMLS)

APN: 004300-0264