NOT LISTED FOR SALE

Estimated Value: $1,223,000 - $1,492,164

4 Beds
4 Baths
2,130 Sq Ft
$629/Sq Ft Est. Value

Last Sold April 09, 2014

Last sale price $475,000 $223 Per Sq Ft

Est. 182% increase in value since last sale

Current estimated payment $7,890/month

13 Days on Market

Highlights

  • Wood Siding
  • Albert Einstein Elementary School Rated A
  • Wall to Wall Carpet

About This Home

As of April 2014

Here is a great opportunity to own a well-maintained duplex on the eastside just minutes from downtown, shopping, 520 and Microsoft making this an excellent investment property. Each, two story unit offers 1065 square feet of living space. Its features include a cozy family room with wood fireplace, full kitchen with newer appliances, dining room, 2 bedrooms, 1.5 bathrooms and a private attached garage. The duplex received new exterior paint and carpet in 2012.

Last Agent to Sell the Property

Nancy Godines

John L. Scott Snohomish License #111211 Listed on: 02/26/2014

John L. Scott Snohomish

Last Buyer's Agent

Thomas Wu

Coldwell Banker Bain

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 597542

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,538

Year Built

  • Built in 1979

Lot Details

  • 7,650 Sq Ft Lot
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,130 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces

Community Details

  • Hillside East Condos
  • Redmond Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 3375100040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,538

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1979
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Hillside East
  • New Construction: No
  • CalculatedSquareFootage: 2130
  • Special Features: None
  • Cumulative Days on Market: 285

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

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
  • Utilities: Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Redmond
  • WaterCompany: City of Redmond
  • WaterSewerGarbage: 1800

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Lake Washington

Lot Info

  • Parcel Number: 3375100040
  • Lot Size Acres: 0.1756
  • Lot Size Sq Ft: 7650
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • ZoningClass: Multi-Family
  • LotNumber: 4

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 2590

Multi Family

  • Gross Scheduled Income: 31080
  • Net Operating Income: 23942
  • Number Of Units Total: 2
  • Insurance Expense: 800
  • Leasable Area: 2130
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2013
  • Tax Annual Amount: 4538

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 19, 2014
Sold by
Lin Yu Chin and Wang Hsiao Hui
Bought by
The Elite Property Llc
Total Days on Market
13
Current Estimated Value
$1,340,541

Purchase Details

Listed on
Feb 26, 2014
Closed on
Mar 25, 2014
Sold by
Local Sun Llc
Bought by
Lin Yu Chih and Wang Hsiao Hui
Seller's Agent
Nancy Godines
John L. Scott Snohomish
Buyer's Agent
Thomas Wu
Coldwell Banker Bain
List Price
$469,950
Sold Price
$475,000
Premium/Discount to List
$5,050
1.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.72%

Purchase Details

Closed on
Dec 31, 2012
Sold by
Pavlu David S
Bought by
Local Sun Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2012
Sold by
Pavlu Marie
Bought by
Pavlu David S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2012
Sold by
Hansen Teri L
Bought by
Local Sun Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 1995
Sold by
Hansen Timothy P and Hansen Teri L
Bought by
Hansen Timothy P and Hansen Teri L
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 Elite Property Llc -- None Available
Lin Yu Chih $475,000 Old Republic T
Local Sun Llc -- None Available
Pavlu David S -- Chicago Title
Pavlu David S -- Chicago Title
Local Sun Llc $320,000 First American
Hansen Timothy P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pavlu David S $336,000
Previous Owner Local Sun Llc $64,000
Previous Owner Local Sun Llc $266,240
Previous Owner Lucal Sun Llc $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2014 04/09/14 Sold $475,000 +1.1% $223 / Sq Ft
03/12/2014 03/12/14 Pending -- -- --
02/26/2014 02/26/14 For Sale $469,950 -- $221 / 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 $9,309 $1,184,000 $667,000 $517,000
2023 $9,127 $996,000 $567,000 $429,000
2022 $7,478 $1,241,000 $710,000 $531,000
2021 $6,891 $869,000 $497,000 $372,000
2020 $6,846 $740,000 $424,000 $316,000
2018 $6,087 $669,000 $321,000 $348,000
2017 $5,870 $609,000 $296,000 $313,000
2016 $5,702 $613,000 $267,000 $346,000
2015 $5,428 $590,000 $258,000 $332,000
2014 -- $542,000 $240,000 $302,000
2013 -- $451,000 $219,000 $232,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 597542

Northwest Multiple Listing Service (NWMLS)

APN: 337510-0040