Listed by Windermere Real Estate/East, Bought with Real Residential
NOT LISTED FOR SALE

Estimated Value: $939,000 - $1,061,000

4 Beds
2 Baths
2,060 Sq Ft
$488/Sq Ft Est. Value

Last Sold July 03, 2024

Last sale price $1,000,000 $485 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $6,264/month

5 Days on Market

Highlights

  • RV Access or Parking
  • Deck
  • No HOA
  • Ridgecrest Elementary School Rated A-
  • Territorial View
  • Thermal Windows

About This Home

As of July 2024

A rare opportunity to own a newly-remodeled legal duplex in the heart of North City with subdivision/development opportunities on a flat 9403 sq ft lot. Both units have been completely remodeled with all new kitchens & baths w/ quartz counters, soft close cabinets, designer fixtures & in-unit laundry. New LVP flooring throughout as well interior/exterior paint, windows, door & trim package, waterproof Trex deck & NEW ROOF. The top floor includes 2 bed/1 bath + office spanning 1200 sf ft. The lower level offers 2 bed/1 bath + office in a 860 sq ft unit. So many options with MUR 35 zoning: townhouses, another multi-plex or a second house? With a 71 walk-score, walk to groceries, shops, restaurants, library, buses & Light-Rail. Pre-inspected.

Last Agent to Sell the Property

Eva Croasdale

Windermere Real Estate/East License #123376 Listed on: 05/30/2024

Windermere Real Estate/East

Last Buyer's Agent

Leka Devatha

Real Residential License #129773

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2245184

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,867

Year Built

  • Built in 1967 | Remodeled

Lot Details

  • 9,403 Sq Ft Lot
  • Property is Fully Fenced
  • Value in Land

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,060 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Vinyl Plank Flooring
  • Territorial Views

Parking

  • 3 Parking Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Ridgecrest Elementary School
  • Kellogg Mid Middle School
  • Shorecrest High School

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Mounted To A Wall or Window
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Shoreline Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6163900961

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,867

Year Built

Built in 1967 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1967
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2060
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour
  • Cumulative Days on Market: 356

Interior Features

  • Possible Use: Multi-Family, Residential, See Remarks
  • Fireplace: No
  • Flooring: Vinyl Plank
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: See Remarks,Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved, Value In Land
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Cooling: Ductless HP-Mini Split
  • Cooling Y N: Yes
  • Heating: Ductless HP-Mini Split, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: Seattle City Light
  • SewerCompany: City of Shoreline
  • WaterCompany: North City Water
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Shoreline
  • High School: Shorecrest High
  • Middle Or Junior School: Kellogg Mid

Lot Info

  • Parcel Number: 6163900961
  • Lot Size Acres: 0.2159
  • Lot Size Sq Ft: 9403
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Fully,High Speed Internet,Patio,RV Parking
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential,See Remarks

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 17.33
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Multi Family

  • Gross Scheduled Income: 55680
  • Net Operating Income: 52896
  • Number Of Units Total: 2
  • Electric Expense: 180
  • Insurance Expense: 792
  • Leasable Area: 2060
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2023
  • Tax Annual Amount: 8867

MLS Schools

  • Elementary School: Ridgecrest Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Jul 2, 2024
Sold by
Led Luxury Properties Llc
Bought by
Ravichandran Sneha and Ravichandran Sudarshan Varun
Seller's Agent
Eva Croasdale
Windermere Real Estate/East
Buyer's Agent
Leka Devatha
Real Residential
List Price
$965,000
Sold Price
$1,000,000
Premium/Discount to List
$35,000
3.63%
Views
9
Current Estimated Value
$1,005,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,009
Avg. Annual Appreciation
0.88%

Purchase Details

Closed on
Mar 10, 2023
Sold by
Hans And Julia Carolina Trust
Bought by
Tay Hans J and Tay Carolina Julia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,500
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2022
Sold by
Sudhakar Shetty
Bought by
Hans Teja And Julia Carolina Trust

Purchase Details

Closed on
Feb 20, 2013
Sold by
Shetty Ritu K
Bought by
Shetty Sudhakar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2013
Sold by
Tinker Wendy
Bought by
Shetty Sudhakar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2013
Sold by
Eastside Funding Llc
Bought by
Shetty Sudhakar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2006
Sold by
Blazer Medwyn D
Bought by
Tinker Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,200
Interest Rate
7.98%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 21, 2002
Sold by
Yesberger Thomas and Keyes Courtney A
Bought by
Blazer Medwyn D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,950
Interest Rate
6.74%

Purchase Details

Closed on
Aug 20, 1996
Sold by
Demayo Mathilda
Bought by
Keyes Courtney A and Yesberger Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,400
Interest Rate
8.23%
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
Ravichandran Sneha $1,000,000 Aegis Land Title Group
Tay Hans J -- Equity Title
Tay Hans J -- Equity Title
Led Luxury Properties Llc -- Equity Title
Hans Teja And Julia Carolina Trust $805,000 Fidelity National Title
Shetty Sudhakar -- First American
Shetty Sudhakar $269,500 Fidelity National Title
Shetty Sudhakar -- None Available
Tinker Wendy $434,000 First American
Blazer Medwyn D $299,950 Fidelity National Title
Keyes Courtney A $181,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Led Luxury Properties Llc $517,500
Previous Owner Shetty Sudhakar $262,500
Previous Owner Shetty Sudhakar $57,128
Previous Owner Shetty Sudhakar $221,983
Previous Owner Tinker Wendy $347,200
Previous Owner Blazer Medwyn D $33,000
Previous Owner Blazer Medwyn D $297,000
Previous Owner Blazer Medwyn D $239,950
Previous Owner Keyes Courtney A $142,400
Closed Blazer Medwyn D $59,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2024 07/03/24 Sold $1,000,000 +3.6% $485 / Sq Ft
06/04/2024 06/04/24 Pending -- -- --
05/30/2024 05/30/24 For Sale $965,000 -- $468 / 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 $9,461 $867,000 $749,000 $118,000
2023 $8,913 $756,000 $660,000 $96,000
2022 $8,378 $854,000 $531,000 $323,000
2021 $8,536 $729,000 $440,000 $289,000
2020 $6,921 $677,000 $383,000 $294,000
2018 $5,661 $490,000 $248,000 $242,000
2017 $4,428 $449,000 $230,000 $219,000
2016 $4,237 $363,000 $201,000 $162,000
2015 $4,155 $334,000 $184,000 $150,000
2014 -- $310,000 $157,000 $153,000
2013 -- $270,000 $135,000 $135,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2245184

Northwest Multiple Listing Service (NWMLS)

APN: 616390-0961