Listed by Windermere RE Magnolia, Bought with Windermere Bellevue Commons
NOT LISTED FOR SALE

Estimated Value: $799,000 - $943,000

4 Beds
2 Baths
1,640 Sq Ft
$523/Sq Ft Est. Value

Last Sold June 18, 2024

Last sale price $853,000 $520 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,263/month

6 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • 1-Story Property
  • Ridgecrest Elementary School Rated A-
  • Wood Siding
  • 3-minute walk to Ridgecrest Park

About This Home

As of June 2024

Rare side by side well maintained Shoreline Duplex. Both sides have 2 bedrooms, 1 bathroom, full size washer/dryer & separate flat driveways. Good layout with convenient side doors off kitchens. North unit has just been updated with new kitchen, new bathroom, refinished hardwood floors. South unit was updated in 2016 & now has new carpet in bedrooms. Freshly painted interiors & full exterior paint as well! Comfortable kitchen dining space. Lots of workable windows for light & ventilation. Easy one story living. Ready to rent out! Wonderful location close to parks & Light Rail for easy commuting. A fantastic investment or great opportunity for owner to occupy. Charming Ridgecrest neighborhood, walk to coffee, yoga class & movie theater.

Last Agent to Sell the Property

Patty Groesbeck

Windermere RE Magnolia License #8131 Listed on: 05/23/2024

Windermere RE Magnolia

Last Buyer's Agent

Tina Walters

Windermere Bellevue Commons License #111988

Windermere Bellevue Commons

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2241665

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,213

Year Built

  • Built in 1963

Lot Details

  • 7,200 Sq Ft Lot
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,640 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • Open Parking

Utilities

  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Ridgecrest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7301300215

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,213

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1963
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1640
  • Special Features: None
  • Cumulative Days on Market: 367

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Hardwood, See Remarks, Vinyl, Carpet
  • Interior Amenities: Hardwood, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

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

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • WaterSewerGarbage: 3138.65

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Shoreline

Lot Info

  • Parcel Number: 7301300215
  • Lot Size Acres: 0.1653
  • Lot Size Sq Ft: 7200
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV
  • MLSLotSizeSource: KCR
  • MLSSquareFootageSource: KCR
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 17.25
  • LeasedItems: None
  • TotalMonthlyIncome: 3800

Multi Family

  • Gross Scheduled Income: 45600
  • Net Operating Income: 34468
  • Number Of Units Total: 2
  • Insurance Expense: 780
  • Leasable Area: 1640
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 7213

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
Jun 17, 2024
Sold by
Lynch Stephen and Lynch Jolene
Bought by
French William N and French Cindy K
Seller's Agent
Patty Groesbeck
Windermere RE Magnolia
Buyer's Agent
Tina Walters
Windermere Bellevue Commons
List Price
$785,000
Sold Price
$853,000
Premium/Discount to List
$68,000
8.66%
Views
18
Current Estimated Value
$858,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,141
Avg. Annual Appreciation
0.46%
Original Mortgage
$503,000
Outstanding Balance
$499,361
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$358,266

Purchase Details

Listed on
Feb 16, 2015
Closed on
Mar 18, 2015
Sold by
Udd Steven M and Udd Melissa D
Bought by
Lynch Jolene and Lynch Stephen
Seller's Agent
Doug Holman
Real Property Associates
Buyer's Agent
Patty Groesbeck
Windermere RE Magnolia
List Price
$370,000
Sold Price
$370,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.45%

Purchase Details

Closed on
Jan 26, 2004
Sold by
Tec Holdings Xxiii Llc
Bought by
Udd Steven M and Udd Melissa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 21, 2003
Sold by
Brown Sara E
Bought by
Tec Holdings Xxiii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,619
Interest Rate
5.89%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 1, 1999
Sold by
Pettigrew James M and Pettigrew Maria S
Bought by
Brown Sara E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.7%

Purchase Details

Closed on
Feb 18, 1993
Sold by
Beavo Joseph A and Beavo Kay H
Bought by
Pettigrew James M and Pettigrew Maria S
Source: Public Records

Range of Values:

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Average Value
Not Available
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
French William N $853,000 Cw Title
Lynch Jolene $370,000 Stewart Title
Udd Steven M -- Chicago Title
Tec Holdings Xxiii Llc $265,000 Chicago Title
Brown Sara E $185,000 Evergreen Title Company Inc
Pettigrew James M $138,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open French William N $503,000
Previous Owner Udd Steve M $83,580
Previous Owner Udd Steve M $294,000
Previous Owner Udd Steven M $14,000
Previous Owner Udd Steven M $202,000
Previous Owner Tec Holdings Xxiii Llc $60,619
Previous Owner Brown Sara E $148,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2024 06/18/24 Sold $853,000 +8.7% $520 / Sq Ft
05/29/2024 05/29/24 Pending -- -- --
05/23/2024 05/23/24 For Sale $785,000 +112.2% $479 / Sq Ft
03/20/2015 03/20/15 Sold $370,000 0.0% $226 / Sq Ft
02/24/2015 02/24/15 Pending -- -- --
02/17/2015 02/17/15 For Sale $370,000 -- $226 / 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 $7,161 $643,000 $329,000 $314,000
2023 $6,750 $561,000 $290,000 $271,000
2022 $6,535 $686,000 $334,000 $352,000
2021 $6,234 $559,000 $277,000 $282,000
2020 $6,145 $484,000 $241,000 $243,000
2018 $5,034 $433,000 $215,000 $218,000
2017 $4,241 $397,000 $199,000 $198,000
2016 $4,056 $348,000 $197,000 $151,000
2015 $3,743 $320,000 $180,000 $140,000
2014 -- $278,000 $154,000 $124,000
2013 -- $248,000 $133,000 $115,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2241665

Northwest Multiple Listing Service (NWMLS)

APN: 730130-0215