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

Estimated Value: $1,160,000 - $1,334,000

6 Beds
3 Baths
3,240 Sq Ft
$386/Sq Ft Est. Value

Last Sold September 15, 2023

Last sale price $1,175,000 $363 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,618/month

100 Days on Market

Highlights

  • Territorial View
  • Engineered Wood Flooring
  • Forced Air Heating System
  • Mercer International Middle School Rated A-
  • No HOA
  • Wood Siding

About This Home

As of September 2023

Investor alert - Add this 4-Plex to your investment portfolio! Great investment property with room for rent increases. All units are occupied with 1 year leases in place. Units have been updated with new LVP flooring, new exterior and interior paint, new appliances, water heater and more! Close to light rail, Seattle and all public transportation. Beautiful light filled interiors, large new windows, territorial views, upper units have nice sitting decks. Plenty of parking that could be additional income, and coin laundry onsite. This is a fantastic property and it is pre-inspected!

Last Agent to Sell the Property

Jolene Brown

COMPASS License #21021251 Listed on: 05/16/2023

COMPASS

Co-Listed By

Laura Lynn

COMPASS License #24070

Last Buyer's Agent

Shan Hu

Windermere Bellevue Commons License #131243

Windermere Bellevue Commons

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2068430

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,295

Year Built

  • Built in 1978

Lot Details

  • 5,000 Sq Ft Lot
  • Street terminates at a dead end

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,240 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Parking

  • 10 Parking Spaces
  • Open Parking

Utilities

  • Forced Air Heating System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Sanders Supl Condos
  • Beacon Hill Subdivision

Listing and Financial Details

  • Legal Lot and Block 3-4 / 8
  • Assessor Parcel Number 7548300195

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,295

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1978
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Sanders Supl
  • New Construction: No
  • CalculatedSquareFootage: 3240
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 458

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Engineered Hardwood, Laminate, Carpet
  • Interior Amenities: Ceramic Tile, Laminate Tile, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Dead End Street, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Slab
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 10
  • Open Parking: Yes
  • Total Parking Spaces: 10
  • ParkingUncoveredSpaces: 10

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • WaterSewerGarbage: 1100

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • Annual Fuel Expense: 120

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 7548300195
  • Lot Size Acres: 0.1148
  • Lot Size Sq Ft: 5000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 3-4

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 20.27
  • LeasedItems: None
  • TotalMonthlyIncome: 5805

Multi Family

  • Gross Scheduled Income: 68820
  • Net Operating Income: 59230
  • Number Of Units Total: 4
  • Electric Expense: 75
  • Insurance Expense: 2000
  • Leasable Area: 3240
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 6295

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2011
Sold by
Tam Mark Wan Leung
Bought by
The Branda Luke Family Trust
Current Estimated Value
$1,249,028

Purchase Details

Closed on
May 3, 1990
Sold by
Booker Harold Gene and Booker Benito M
Bought by
Luke Branda
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
The Branda Luke Family Trust -- None Available
Luke Branda $167,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2023 09/15/23 Sold $1,175,000 -15.8% $363 / Sq Ft
08/24/2023 08/24/23 Pending -- -- --
07/14/2023 07/14/23 Price Changed $1,395,000 -7.0% $431 / Sq Ft
05/16/2023 05/16/23 For Sale $1,499,888 -- $463 / 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 $9,908 $958,000 $600,000 $358,000
2023 $6,295 $657,100 $600,000 $57,100
2022 $6,213 $657,100 $600,000 $57,100
2021 $6,442 $601,000 $600,000 $1,000
2020 $6,337 $601,000 $600,000 $1,000
2018 $5,037 $551,000 $550,000 $1,000
2017 $4,511 $454,900 $450,000 $4,900
2016 $4,334 $419,900 $300,000 $119,900
2015 $4,205 $406,200 $300,000 $106,200
2014 -- $406,200 $250,000 $156,200
2013 -- $390,500 $250,000 $140,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2068430

Northwest Multiple Listing Service (NWMLS)

APN: 754830-0195