Listed by RE/MAX Northwest, Bought with Icon Group
NOT LISTED FOR SALE

Estimated Value: $858,000 - $1,016,000

4 Beds
4 Baths
2,320 Sq Ft
$403/Sq Ft Est. Value

Last Sold October 06, 2016

Last sale price $454,900 $196 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $5,678/month

12 Days on Market

Highlights

  • Home fronts a creek
  • Deck
  • Wood Siding
  • Brookside Elementary School Rated A-
  • High Speed Internet
  • Wall to Wall Carpet

About This Home

As of October 2016

Great investment opportunity! Townhouse style duplex. Backs up to creek! Great location between Lake Washington and the Puget Sound with easy access to I-5. Both sides rented (now low due to long term tenancy)..Can be turn key or owner occupied! Great location and great floor plan...

Last Agent to Sell the Property

Dustin Remington

RE/MAX Northwest License #29520 Listed on: 08/18/2016

RE/MAX Northwest

Last Buyer's Agent

Jerome Watson

Icon Group License #116955

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1016923

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,803

Year Built

  • Built in 1976

Lot Details

  • 7,200 Sq Ft Lot
  • Home fronts a creek

Home Design

  • Duplex
  • Flat Roof Shape
  • Poured Concrete
  • Bitumen Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,320 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Schools

  • Brookside Elementary School
  • Kellogg Mid Middle School
  • Shorecrest High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Lake Forest Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7417100133

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,803

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1976
  • Buyer Agency Compensation: 3.0
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2320
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Flat, Torch Down
  • Lot Features: Paved
  • View: No
  • Waterfront Features: Creek
  • Waterfront: Yes
  • Exterior Features: Stucco, Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: Seattle City Light
  • SewerCompany: Ronald Wastewater
  • WaterCompany: Shoreline
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Shoreline
  • High School: Shorecrest High
  • Middle Or Junior School: Kellogg Mid

Lot Info

  • Parcel Number: 7417100133
  • Lot Size Acres: 0.1653
  • Lot Size Sq Ft: 7200
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,High Speed Internet
  • MLSLotSizeSource: Tax Records

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 2395

Multi Family

  • Gross Scheduled Income: 28740
  • Net Operating Income: 22837
  • Number Of Units Total: 2
  • Insurance Expense: 1100
  • Leasable Area: 2320
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2016
  • Tax Annual Amount: 4803

MLS Schools

  • Elementary School: Brookside Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2016
Closed on
Sep 28, 2016
Sold by
Junejo Irene
Bought by
Lyon Kyle
Seller's Agent
Dustin Remington
RE/MAX Northwest
Buyer's Agent
Jerome Watson
Icon Group
List Price
$450,000
Sold Price
$454,900
Premium/Discount to List
$4,900
1.09%
Current Estimated Value
$935,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$480,598
Avg. Annual Appreciation
8.37%
Original Mortgage
$341,175
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 30, 2014
Closed on
Nov 13, 2014
Sold by
Schmidt Glenn and Schmidt Sharon
Bought by
Junejo Irene
Seller's Agent
Edward Wendling
Windermere Real Estate GH LLC
Buyer's Agent
Carmen Crispeno
RE/MAX Northwest
List Price
$317,500
Sold Price
$310,000
Premium/Discount to List
-$7,500
-2.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.63%
Original Mortgage
$232,500
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 1998
Sold by
Parrott Jonathon and Cotton Joan Becker
Bought by
Schmidt Glenn E and Schmidt Sharon D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.79%
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
Lyon Kyle $454,900 Fidelity Natio
Junejo Irene $310,000 Ticor National
Schmidt Glenn E $210,000 Evergreen Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lyon Kyle $424,500
Closed Lyon Kyle $341,175
Previous Owner Junejo Irene $232,500
Previous Owner Schmidt Glenn E $149,200
Previous Owner Schmidt Glenn E $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2016 10/06/16 Sold $454,900 +1.1% $196 / Sq Ft
08/31/2016 08/31/16 Pending -- -- --
08/18/2016 08/18/16 For Sale $450,000 +45.2% $194 / Sq Ft
11/20/2014 11/20/14 Sold $310,000 -2.4% $134 / Sq Ft
10/17/2014 10/17/14 Pending -- -- --
09/30/2014 09/30/14 For Sale $317,500 -- $137 / 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 $8,329 $823,000 $319,000 $504,000
2023 $7,768 $713,000 $290,000 $423,000
2022 $7,541 $819,000 $323,000 $496,000
2021 $6,930 $673,000 $224,000 $449,000
2020 $6,826 $557,000 $189,000 $368,000
2018 $5,328 $504,000 $174,000 $330,000
2017 $4,642 $434,000 $160,000 $274,000
2016 $4,803 $390,000 $144,000 $246,000
2015 $4,755 $384,000 $123,000 $261,000
2014 -- $360,000 $115,000 $245,000
2013 -- $299,000 $96,000 $203,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1016923

Northwest Multiple Listing Service (NWMLS)

APN: 741710-0133