NOT LISTED FOR SALE

Estimated Value: $1,196,000 - $1,408,000

4 Beds
3 Baths
2,490 Sq Ft
$522/Sq Ft Est. Value

Last Sold December 15, 2013

Last sale price $605,000 $243 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $7,734/month

6 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Wood Siding
  • Adams Elementary School Rated A
  • Thermal Windows
  • 3-minute walk to Ballard Corners Park

About This Home

As of December 2013

Character-filled triplex close to heart of Ballard! MAIN has formal entry with French doors to big, sunny living & dining room. Back door through kitchen leads to private back yard shared with other occupants. This unit will be vacant at closing & would be great for owner-occupant. UPSTAIRS has 2 bedrooms, sunny living room & tastefully redone kitchen with stairs to backyard. LOWER is just a couple of years old, with private entrance from sidewalk & access to backyard through shared laundry.

Last Agent to Sell the Property

Robert Melvey

Windermere Real Estate Co. License #9483 Listed on: 09/13/2013

Windermere Real Estate Co.

Last Buyer's Agent

Robert Melvey

Windermere Real Estate Co. License #9483 Listed on: 09/13/2013

Windermere Real Estate Co.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 543777

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,108

Year Built

  • Built in 1920

Lot Details

  • 3,162 Sq Ft Lot
  • Corner Lot

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,490 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wood
  • Laminate

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces

Community Details

  • Ballard Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2767602400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,108

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1920
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2490
  • Special Features: VirtualTour
  • Cumulative Days on Market: 352

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Triplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: No
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Natural Gas Available, Sewer Connected, Electric
  • PowerCompany: Seattle City Light
  • SewerCompany: City of Seattle
  • WaterCompany: City of Seattle
  • WaterSewerGarbage: 2426

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 2767602400
  • Lot Size Acres: 0.0726
  • Lot Size Sq Ft: 3162
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Gas Available
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 3025

Multi Family

  • Gross Scheduled Income: 36300
  • Net Operating Income: 26388
  • Number Of Units Total: 3
  • Electric Expense: 1946
  • Insurance Expense: 770
  • Leasable Area: 2448
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2012
  • Tax Annual Amount: 4108

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2013
Closed on
Dec 4, 2013
Sold by
Adair Stuart and Adair Cathy
Bought by
Mccurdy James W and Brooke K Mccurdy K
Seller's Agent
Robert Melvey
Windermere Real Estate Co.
Buyer's Agent
Robert Melvey
Windermere Real Estate Co.
List Price
$599,950
Sold Price
$605,000
Premium/Discount to List
$5,050
0.84%
Current Estimated Value
$1,300,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$695,519
Avg. Annual Appreciation
6.90%
Original Mortgage
$438,750
Outstanding Balance
$367,078
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$952,293

Purchase Details

Closed on
Jul 19, 2004
Sold by
Carson Paul T
Bought by
Adair Stuart

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,800
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage
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
Mccurdy James W $585,000 Cw Title Co
Adair Stuart $421,000 Old Republic T
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccurdy James W $438,750
Previous Owner Adair Stuart $293,750
Previous Owner Adair Stuart $200,000
Previous Owner Adair Stuart $336,800
Closed Adair Stuart $63,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2013 12/15/13 Sold $605,000 +0.8% $243 / Sq Ft
09/20/2013 09/20/13 Pending -- -- --
09/13/2013 09/13/13 For Sale $599,950 -- $241 / 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 $9,986 $1,021,000 $405,000 $616,000
2023 $8,987 $932,000 $362,000 $570,000
2022 $9,204 $1,039,000 $373,000 $666,000
2021 $7,897 $987,000 $346,000 $641,000
2020 $7,948 $799,000 $295,000 $504,000
2018 $7,282 $816,000 $313,000 $503,000
2017 $5,562 $723,000 $278,000 $445,000
2016 $5,156 $565,000 $185,000 $380,000
2015 $4,483 $511,000 $168,000 $343,000
2014 -- $453,000 $149,000 $304,000
2013 -- $380,000 $138,000 $242,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 543777

Northwest Multiple Listing Service (NWMLS)

APN: 276760-2400