Listed by WeLakeside, Bought with Windermere Real Estate Midtown
NOT LISTED FOR SALE

Estimated Value: $856,000 - $1,878,000

4 Beds
3 Baths
1,400 Sq Ft
$956/Sq Ft Est. Value

Last Sold October 29, 2014

Last sale price $815,000 $582 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $8,053/month

30 Days on Market

Highlights

  • Mountain View
  • Deck
  • Wood Siding
  • Garfield High School Rated A
  • Wood Flooring
  • 1-minute walk to Plum Tree Park

About This Home

As of October 2014

This triplex consists of two buildings with three fully remodeled units. Due to the relatively low rent & great condition of the units, all tenants have been long-term occupants. Each unit also features its own garage space via alley access & a large shared deck for units B&C, while unit A has it's own fully private deck. Unit C functions as a private oasis, while units A&B boast lush territorial views. All units metered separately, & tenants pay all utilities. Current rents are under market.

Last Agent to Sell the Property

Veronica de Saram

WeLakeside License #96857 Listed on: 08/22/2014

WeLakeside

Last Buyer's Agent

Sarah Clifton

Windermere Real Estate Midtown License #23564

Windermere Real Estate Midtown

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 685045

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,729

Year Built

  • Built in 1986 | Remodeled

Lot Details

  • 4,800

Property Views

  • Mountain
  • Territorial

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Parking

  • 3 Parking Spaces
  • 3 Covered Spaces

Additional Features

  • 2-Story Property
  • Deck
  • 4,800 Sq Ft Lot
  • Cable TV Available

Community Details

  • Yeller's Second Addition To The City Of Seattle Condos
  • Madison Valley Subdivision

Listing and Financial Details

  • Legal Lot and Block 11 / 10
  • Assessor Parcel Number 982820

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,729

Year Built

Built in 1986 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1986
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: yeller's second addition to the city of seattle
  • New Construction: No
  • CalculatedSquareFootage: 0
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: selling broker to be present @ all times
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Ceramic Tile, Hardwood, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Territorial
  • Lot Features: Alley, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Open Parking: No
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: Seattle City Light
  • SewerCompany: Seattle Public Utilities
  • WaterCompany: Seattle Public Utilities
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 982820
  • Lot Size Acres: 0.1102
  • Lot Size Sq Ft: 4800
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck
  • MLSLotSizeSource: tax assessor
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 11

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 19
  • LeasedItems: None
  • TotalMonthlyIncome: 3600

Multi Family

  • Gross Scheduled Income: 43200
  • Net Operating Income: 37272
  • Number Of Units Total: 3
  • Electric Expense: 75
  • Insurance Expense: 924
  • Leasable Area: 2100
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2014
  • Tax Annual Amount: 4729

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2014
Closed on
Oct 28, 2014
Sold by
Desaram Veronica and Chapple Rodney V
Bought by
Sam Antonio and Chiang Yu Wei
Seller's Agent
Veronica de Saram
WeLakeside
Buyer's Agent
Sarah Clifton
Windermere Real Estate Midtown
List Price
$850,000
Sold Price
$815,000
Premium/Discount to List
-$35,000
-4.12%
Current Estimated Value
$1,338,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$523,700
Avg. Annual Appreciation
4.95%
Original Mortgage
$611,250
Outstanding Balance
$478,290
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$903,411

Purchase Details

Closed on
Oct 13, 2005
Sold by
Metrostructure Corp
Bought by
Metrocorp Llc

Purchase Details

Closed on
Nov 12, 2001
Sold by
Hammond Jim W and Kline Hammond Barbara
Bought by
Chapple Rodney and Desaram Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,800
Interest Rate
6.62%

Purchase Details

Closed on
May 1, 1992
Sold by
Nozaki Yoshihito and Nozaki Ellen J
Bought by
Hammond Jim W and Hammond Barbara
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
Sam Antonio $815,000 Fidelity Natio
Metrocorp Llc -- --
Chapple Rodney $382,500 Washington Title
Hammond Jim W $209,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sam Antonio $611,250
Previous Owner Chapple Rodney $306,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2014 10/29/14 Sold $815,000 -4.1% $582 / Sq Ft
09/22/2014 09/22/14 Pending -- -- --
08/22/2014 08/22/14 For Sale $850,000 -- $607 / 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 $11,459 $1,171,000 $1,062,000 $109,000
2023 $10,263 $1,139,000 $1,062,000 $77,000
2022 $10,019 $1,201,000 $916,000 $285,000
2021 $9,653 $1,080,000 $832,000 $248,000
2020 $8,692 $987,000 $752,000 $235,000
2018 $7,693 $892,000 $649,000 $243,000
2017 $6,546 $766,000 $554,000 $212,000
2016 $6,190 $672,000 $462,000 $210,000
2015 $5,344 $621,000 $429,000 $192,000
2014 -- $547,000 $358,000 $189,000
2013 -- $436,000 $253,000 $183,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 685045

Northwest Multiple Listing Service (NWMLS)

APN: 982820-0790