Listed by John L. Scott, Inc., Bought with Black Knight Real Estate LLC
NOT LISTED FOR SALE

Estimated Value: $508,000 - $601,000

3 Beds
2 Baths
1,240 Sq Ft
$437/Sq Ft Est. Value

Sale Details

Date Sold: January 16, 2025

Last sale price $575,000 $464 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,368 / mo

Highlights

  • Corner Lot
  • No HOA
  • Partially Fenced Property
  • Briarcrest Elementary School Rated A
  • Ceramic Tile Flooring
  • Wood Siding

About This Home

As of January 2025

Two older homes on a large corner lot. One home with 2 bedrooms requires full renovation. The 1 bed 1 bath is small & in fair condition. The sizeable lot should allow for flexible uses & construction options when the new zoning rules are implemented, currently slated for July 2025 or sooner. Cash or investor loans will likely be required, this may not be financeable with conventional financing. The city of Shoreline says that the new zoning will be NR3, which is still a low-density single family designation. However- the other upcoming changes should allow 2 Primary units plus 2 ADUs, or possibly other options. A quiet, low traffic street- but close to parks, shopping, schools, and great transit options. A fantastic opportunity!

Last Agent to Sell the Property

Jon Selin

John L. Scott, Inc. License #19983 Listed on: 12/13/2024

John L. Scott, Inc.

Last Buyer's Agent

Alyssa Mathisen

Black Knight Real Estate LLC License #24001888

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2313248

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,376

Year Built

  • Built in 1926

Lot Details

  • 8,108 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot
  • Value in Land

Parking

  • Open Parking

Home Design

  • Duplex
  • Fixer Upper
  • Metal Roof
  • Wood Siding
  • Stone Siding
  • Stone

Interior Spaces

  • 1,240 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • Jardin El Norte Condos
  • Briarcrest Subdivision

Listing and Financial Details

  • Legal Lot and Block 10 / 06
  • Assessor Parcel Number 3670500580

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,376

Year Built

Built in 1926

Lot Details

8,108 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 52 - Duplex
  • Year Built: 1926
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Jardin El Norte
  • New Construction: No
  • CalculatedSquareFootage: 1240
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Ceramic Tile
  • Interior Amenities: Ceramic Tile
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Metal
  • Lot Features: Corner Lot, Value In Land
  • View: No
  • Waterfront: No
  • Construction Type: Stone, Wood
  • Exterior Features: Stone, Wood
  • Property Condition: Fixer
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: Seattle City Light
  • SewerCompany: City of Shoreline
  • WaterCompany: North City

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Shoreline

Lot Info

  • Parcel Number: 3670500580
  • Lot Size Acres: 0.1861
  • Lot Size Sq Ft: 8108
  • Zoning Description: Residential
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially
  • MLSLotSizeSource: kcr
  • ZoningJurisdiction: City
  • LotNumber: 10

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 36000

Tax Info

  • Year: 2024
  • Tax Annual Amount: 4376

Multi Family

  • Number Of Units Total: 2
  • Electric Expense: 3000
  • EnergySource: Electric
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2024
Closed on
Jan 15, 2025
Sold by
Agl Trust and Loutsis Shawn
Bought by
Alki Comfort Properties Llc
Seller's Agent
Jon Selin
John L. Scott, Inc.
Buyer's Agent
Alyssa Mathisen
Black Knight Real Estate LLC
List Price
$575,000
Sold Price
$575,000
Views
1
Current Estimated Value
$547,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,372
Avg. Annual Appreciation
-4.42%
Original Mortgage
$697,500
Interest Rate
6.69%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 5, 2024
Sold by
Loutsis Anthony G
Bought by
Agl Trust and Peth
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Alki Comfort Properties Llc $575,000 First American Title Insurance
Alki Comfort Properties Llc $575,000 First American Title Insurance
Agl Trust $313 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed Alki Comfort Properties Llc $697,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/16/2025 01/16/25 Sold $575,000 0.0% $464 / Sq Ft
12/13/2024 12/13/24 Pending -- -- --
12/13/2024 12/13/24 For Sale $575,000 -- $464 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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
2025 $4,770 $417,000 $363,000 $54,000
2024 $4,646 $398,000 $363,000 $35,000
2023 $4,376 $347,000 $320,000 $27,000
2022 $3,986 $396,000 $371,000 $25,000
2021 $3,801 $323,000 $307,000 $16,000
2020 $3,740 $280,000 $267,000 $13,000
2018 $3,123 $254,000 $238,000 $16,000
2017 $3,008 $235,000 $220,000 $15,000
2016 $2,868 $240,000 $193,000 $47,000
2015 $2,585 $220,000 $177,000 $43,000
2014 -- $188,000 $151,000 $37,000
2013 -- $162,000 $130,000 $32,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2313248

Northwest Multiple Listing Service (NWMLS)

APN: 367050-0580

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