Listed by RE/MAX Northwest, Bought with RE/MAX Integrity
NOT LISTED FOR SALE

Estimated Value: $899,000 - $947,000

4 Beds
2 Baths
2,550 Sq Ft
$363/Sq Ft Est. Value

Last Sold January 07, 2021

Last sale price $758,000 $297 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,607/month

2 Days on Market

Highlights

  • Deck
  • Patio
  • Partially Fenced Property
  • Meridian Park Elementary School Rated A
  • Ceramic Tile Flooring

About This Home

As of January 2021

Investor opportunity! Perfect for the owner user or savvy investor! Both units are townhouse style. Invest in Shoreline where duplex's are value priced. The 17821 unit was remodeled 2 years ago and is in great condtion. 17823 has a more vintage feel and its spacious and in good condition. It also has access to the back yard and a covered outdoor area. 2 private 1 car garages plus more off street parking. Private yard space, great location, walking distance to shopping and transportation. Great opportunity to invest in the growing Shoreline Area with an investment property Zoned TC 4. We believe there is potential for a future 5 lot townhome project.

Last Agent to Sell the Property

Mike Peters

RE/MAX Northwest License #35802 Listed on: 11/18/2020

RE/MAX Northwest

Last Buyer's Agent

Nona Adams

RE/MAX Integrity License #51002

RE/MAX Integrity

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1690994

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,585

Year Built

  • Built in 1978

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 75 x 100
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,550 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Albert Einstein Mid Middle School
  • Shorewood High School

Utilities

  • Cable TV Available

Community Details

  • Shoreline Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3610600040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,585

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1978
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2550
  • SOCComments: 2.5
  • Special Features: VirtualTour
  • Cumulative Days on Market: 395

Interior Features

  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

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

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: City Light
  • SewerCompany: Ronald
  • WaterCompany: North City/City of Seattle
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Shoreline
  • High School: Shorewood High
  • Middle Or Junior School: Albert Einstein Mid

Lot Info

  • Parcel Number: 3610600040
  • Lot Size Acres: 0.1722
  • Lot Size: 75 x 100
  • Lot Size Sq Ft: 7500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Patio
  • MLSLotSizeSource: kcr
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 3750

Multi Family

  • Gross Scheduled Income: 45000
  • Net Operating Income: 34915
  • Number Of Units Total: 6
  • Insurance Expense: 1250
  • Leasable Area: 2724
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2019
  • Tax Annual Amount: 7585

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2020
Closed on
Dec 29, 2020
Sold by
Loeffler Evan L and Sheldon Michael G
Bought by
Nguyen Khanh Tran Nam and Le Ngoc Bao
Seller's Agent
Mike Peters
RE/MAX Northwest
Buyer's Agent
Nona Adams
RE/MAX Integrity
List Price
$750,000
Sold Price
$758,000
Premium/Discount to List
$8,000
1.07%
Current Estimated Value
$926,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,442
Avg. Annual Appreciation
4.32%
Original Mortgage
$568,500
Outstanding Balance
$507,299
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$419,143

Purchase Details

Closed on
Jun 27, 2012
Sold by
Jensen Carol J and Hammer Carol
Bought by
Loeffler Evan L and Sheldon Michael G

Purchase Details

Closed on
Nov 18, 2011
Sold by
Hammer Clyde
Bought by
Loeffler Evan L and Sheldon Michael G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
4.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2011
Sold by
Sheldon Paulene Q
Bought by
Sheldon Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
4.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2009
Sold by
Hammer Craig W
Bought by
Hammer Clyde and Hammer Carol

Purchase Details

Closed on
Mar 27, 1989
Sold by
Wilson Peter T and Wilson Mary P
Bought by
Hammer Craig W
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Nguyen Khanh Tran Nam $758,000 Rainier Title
Loeffler Evan L -- Cw Title Co
Loeffler Evan L $310,000 Cw Title Co
Sheldon Michael -- Cw Title Co
Hammer Clyde -- None Available
Hammer Craig W $144,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Khanh Tran Nam $568,500
Previous Owner Loeffler Evan L $232,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2021 01/07/21 Sold $758,000 +1.1% $297 / Sq Ft
11/20/2020 11/20/20 Pending -- -- --
11/18/2020 11/18/20 For Sale $750,000 -- $294 / 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 $8,335 $750,000 $354,000 $396,000
2023 $9,130 $752,000 $320,000 $432,000
2022 $8,356 $875,000 $356,000 $519,000
2021 $7,648 $721,000 $300,000 $421,000
2020 $7,586 $597,000 $252,000 $345,000
2018 $6,607 $557,000 $237,000 $320,000
2017 $5,456 $526,000 $220,000 $306,000
2016 $5,163 $451,000 $189,000 $262,000
2015 $4,438 $410,000 $170,000 $240,000
2014 -- $332,000 $135,000 $197,000
2013 -- $289,000 $116,000 $173,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1690994

Northwest Multiple Listing Service (NWMLS)

APN: 361060-0040