Listed by HomeSmart One Realty, Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE
12 Beds
10 Baths
4,956 Sq Ft
6,534 Sq Ft Lot

Last Sold March 01, 2016

Last sale price $706,500 $143 Per Sq Ft

Highlights

  • Deck
  • Ceramic Tile Flooring
  • Property is in very good condition
  • Open Space
  • High Speed Internet

About This Home

As of March 2016

4-Plex in Good Area! Great Investment Opportunity. CAP rate of 7%. Well Maintained building, updated with newer appliances, some hardwood floors. All currently rented under leases renewable every year. One renter there 7 years. Cash flow 24k+/yearly. Elliot Park is self-managed - no high prop mgmt. fees. NOI is $48k+. Call LA for details on Income, Expenses and Security Deposits. Building is close to Silver Lake, Haege Park, Silver Lake Park, Everett Clinic and Emory's restaurant.

Last Agent to Sell the Property

Lonnadeen Bullock

HomeSmart One Realty License #18451 Listed on: 02/10/2016

HomeSmart One Realty

Last Buyer's Agent

Donna Marshall

Skyline Properties, Inc. License #111216

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 889725

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,383

Year Built

  • Built in 2002

Lot Details

  • 6,534 Sq Ft Lot
  • Open Space
  • Sprinkler System
  • Property is in very good condition

HOA Fees

  • $256 Monthly HOA Fees

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof
  • Vinyl Construction Material
  • Wood Composite

Interior Spaces

  • 4,956 Sq Ft Home
  • 3-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck

Schools

  • Silver Lake Elementary School
  • Heatherwood Mid Middle School
  • Henry M. Jackson Hig High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Elliot Park Condos
  • Silver Lake Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 00853800000400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,383

Year Built

Built in 2002

Lot Details

0

HOA Fees

$256 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 2002
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Elliot Park
  • New Construction: No
  • CalculatedSquareFootage: 4956
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Fire Sprinklers

Exterior Features

  • Roof: Composition
  • Lot Features: Open Space, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl, Wood Products
  • Foundation Details: Slab
  • Property Condition: Very Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PUD
  • SewerCompany: Silver Lake
  • WaterCompany: Silver Lake

Condo/Co-op/Association

  • Association Fee: 3072
  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Everett
  • High School: Henry M. Jackson Hig
  • Middle Or Junior School: Heatherwood Mid

Lot Info

  • Parcel Number: 00853800000400
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6534
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,High Speed Internet,Sprinkler System
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family
  • LotNumber: 4

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10
  • LeasedItems: None
  • TotalMonthlyIncome: 5400

Tax Info

  • Year: 2015
  • Tax Annual Amount: 6383

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 348
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Silver Lake Elem

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2016 03/01/16 Sold $706,500 +2.4% $143 / Sq Ft
02/11/2016 02/11/16 Pending -- -- --
02/10/2016 02/10/16 For Sale $689,900 -- $139 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 889725

Northwest Multiple Listing Service (NWMLS)