Listed by KW Greater Seattle, Bought with Ensemble
$805,000
SOLD JUL 28, 2015
-- Bed
-- Bath
1,440 Sq Ft
4,573 Sq Ft Lot

Recently Sold

$559 Per Sq Ft

11% Above List Price

7 Days on Market

Highlights

  • Lake View
  • Deck
  • High Speed Internet
  • Garfield High School Rated A
  • Wood Flooring
  • 2-minute walk to Madrona Briar Patch

About This Home

As of December 2017

View-Duplex surrounded by upscale homes in the heart of Madrona. This Craftsman is sited on through-lot in lovely natural setting. Lake WA, Cascades, & downtown Bellevue views. Large deck & yard perfect for entertaining. 3bd/1ba up,1bd/1ba down. Oak floors, period details, wood-burning fp both levels, original interior staircase intact. Ample storage. Easy on-street parking. Garages not in use – refurbish for 2-car parking. Steps to downtown Madrona & Lk WA. Easy access: downtown,520, UW. Hurry!

Last Agent to Sell the Property

Marissa Natkin

KW Greater Seattle License #103376 Listed on: 06/04/2015

KW Greater Seattle

Co-Listed By

Alex Black

KW Greater Seattle License #3698

Last Buyer's Agent

Lisa Sears

Ensemble License #110379

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 798003

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,131

Year Built

  • Built in 1912

Lot Details

  • 4,573 Sq Ft Lot
  • Lot Dimensions are 117 x 38
  • Partially Fenced Property
  • Property is in good condition

Property Views

  • Lake
  • City
  • Mountain
  • Territorial

Home Design

  • Duplex
  • Block Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Concrete
  • Ceramic Tile
  • Vinyl

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces

Outdoor Features

  • Deck

Schools

  • Madronak8 Elementary School
  • Wash Mid Middle School
  • Garfield High School

Utilities

  • Radiator
  • High Speed Internet
  • Cable TV Available

Community Details

  • Madrona Heights Addition Condos
  • Madrona Subdivision

Listing and Financial Details

  • Legal Lot and Block 2 / A
  • Assessor Parcel Number 5026900015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,131

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1912
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Madrona Heights Addition
  • New Construction: No
  • CalculatedSquareFootage: 1440
  • Special Features: None
  • Cumulative Days on Market: 340

Interior Features

  • Fireplace: No
  • Flooring: Ceramic Tile, Concrete, Hardwood, Vinyl
  • Interior Amenities: Radiator, Ceramic Tile, Concrete, Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,Storage

Exterior Features

  • Roof: Composition
  • View: City, Lake, Mountain(s), Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Block, Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: No
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: Seattle City Light
  • SewerCompany: Seattle Public Utilities
  • WaterCompany: Seattle Public Utilities
  • WaterSewerGarbage: 1783

Schools

  • Junior High Dist: Seattle
  • High School: Garfield High
  • Middle Or Junior School: Wash Mid

Lot Info

  • Parcel Number: 5026900015
  • Lot Size Acres: 0.105
  • Lot Size: 117 x 38
  • Lot Size Sq Ft: 4573
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available,High Speed Internet
  • MLSLotSizeSource: Realist
  • LotNumber: 2

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 21
  • LeasedItems: None
  • TotalMonthlyIncome: 2795

Multi Family

  • Gross Scheduled Income: 33540
  • Net Operating Income: 23995
  • Number Of Units Total: 2
  • Insurance Expense: 954
  • Leasable Area: 1440
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2014
  • Tax Annual Amount: 5131

MLS Schools

  • Elementary School: MadronaK8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2017
Closed on
Nov 28, 2017
Sold by
Augello Charles D and Augello Lauren P
Bought by
Lariviere Jacob and Lariviere Emily
Seller's Agent
Lisa Sears
Ensemble
Buyer's Agent
Eric Robison
Keller Williams Downtown Sea
List Price
$998,000
Sold Price
$1,010,000
Premium/Discount to List
$12,000
1.2%
Total Days on Market
7
Current Estimated Value
$1,543,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$533,189
Avg. Annual Appreciation
3.38%
Original Mortgage
$103,000
Interest Rate
3.94%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jun 4, 2015
Closed on
Jul 16, 2015
Sold by
Arsove Germaine A and Arsove Germaine Anatolie
Bought by
Augello Charles D and Augello Lauren P
Seller's Agent
Marissa Natkin
KW Greater Seattle
Buyer's Agent
Lisa Sears
Ensemble
List Price
$725,000
Sold Price
$805,000
Premium/Discount to List
$80,000
11.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.14%
Original Mortgage
$684,250
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2011
Sold by
Arsove Germaine A
Bought by
Arsove Germaine A
Source: Public Records

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Range of Values:

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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 $1,010,000 Chicago Title Company Of Wa
Warranty Deed $805,000 First American
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $733,800 New Conventional
Closed $115,700 Credit Line Revolving
Closed $103,000 Credit Line Revolving
Closed $755,000 New Conventional
Previous Owner $684,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2017 12/01/17 Sold $1,010,000 +1.2% $458 / Sq Ft
10/28/2017 10/28/17 Pending -- -- --
10/19/2017 10/19/17 For Sale $998,000 +24.0% $452 / Sq Ft
07/28/2015 07/28/15 Sold $805,000 +11.0% $559 / Sq Ft
06/12/2015 06/12/15 Pending -- -- --
06/04/2015 06/04/15 For Sale $725,000 -- $503 / 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 $13,959 $1,443,000 $1,015,000 $428,000
2023 $10,348 $1,083,000 $946,000 $137,000
2022 $9,163 $1,213,000 $946,000 $267,000
2021 $8,433 $983,000 $766,000 $217,000
2020 $8,821 $856,000 $720,000 $136,000
2018 $8,028 $858,000 $736,000 $122,000
2017 $6,620 $801,000 $652,000 $149,000
2016 $6,408 $680,000 $570,000 $110,000
2015 $5,251 $644,000 $540,000 $104,000
2014 -- $537,000 $362,000 $175,000
2013 -- $475,000 $334,000 $141,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 798003

Northwest Multiple Listing Service (NWMLS)

APN: 502690-0015