NOT LISTED FOR SALE

17940 51st Ave S Seatac, WA 98188

Estimated Value: $535,000 - $574,045

3 Beds
2 Baths
1,104 Sq Ft
$505/Sq Ft Est. Value

Last Sold December 31, 2013

Last sale price $200,000 $181 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $3,585/month

20 Days on Market

About This Home

As of December 2013

HUD Home. FHA 561-843654. Nice 3 bedroom / 1.5 bath rambler. Living Room with fireplace and separate dining area. Half bath off master bedroom. Private backyard. Easy access to South Center, SeaTac Airport, and Freeway. Repairs $825 - identify and correct crawlspace moisture retention, install CO detector, fix deteriorated pain on south side (see LBP addendum).

Last Agent to Sell the Property

Sheryl Knowles

Metro Real Estate, LLC License #11209 Listed on: 10/09/2013

Last Buyer's Agent

Berhe Desta

Capitol Realty & Investments License #11795

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM553426

Northwest Multiple Listing Service (NWMLS)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2021
Sold by
Zewdu Aytegeb
Bought by
Hailu Ephrem H
Current Estimated Value
$557,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Outstanding Balance
$368,555
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$169,551

Purchase Details

Closed on
Aug 30, 2021
Sold by
Hailu Ephrem H
Bought by
Hailu Ephrem H and Solomon Bezawit T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Outstanding Balance
$368,555
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$169,551

Purchase Details

Listed on
Oct 9, 2013
Closed on
Dec 27, 2013
Sold by
Tesema Samrawit Z and Zewdu Aytegeb
Bought by
Zewdu Aytegeb
Seller's Agent
Sheryl Knowles
Metro Real Estate, LLC
Buyer's Agent
Berhe Desta
Capitol Realty & Investments
List Price
$205,000
Sold Price
$200,000
Premium/Discount to List
-$5,000
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.01%
Original Mortgage
$194,164
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 9, 2013
Closed on
Dec 26, 2013
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Hailu Ephrem H and Zewdu Aytegeb
Seller's Agent
Sheryl Knowles
Metro Real Estate, LLC
Buyer's Agent
Berhe Desta
Capitol Realty & Investments
List Price
$205,000
Sold Price
$200,000
Premium/Discount to List
-$5,000
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,164
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 9, 2013
Closed on
Dec 6, 2013
Sold by
Solomon Bezawit Tariku and Hailu Ephrem H
Bought by
Hailu Ephrem H
Seller's Agent
Sheryl Knowles
Metro Real Estate, LLC
Buyer's Agent
Berhe Desta
Capitol Realty & Investments
List Price
$205,000
Sold Price
$200,000
Premium/Discount to List
-$5,000
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,164
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 8, 2013
Sold by
Pnc Bank National Association
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Feb 6, 2013
Sold by
Mihalache Lucian A and Mihalache Nicoleta
Bought by
Pnc Bank National Association

Purchase Details

Closed on
Aug 25, 2004
Sold by
Warrey Mary E
Bought by
Mihalache Lucian A and Mihalache Nicoleta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,500
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 1987
Sold by
Christensen Marvin E and Christensen Kathryn A
Bought by
Warrey Mary E
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
Hailu Ephrem H -- Stewart Title
Hailu Ephrem H -- Stewart Title
Zewdu Aytegeb -- First American
Hailu Ephrem H $200,000 First American
Hailu Ephrem H $200,000 First American
The Secretary Of Housing & Urban Develop -- None Available
Pnc Bank National Association $364,895 None Available
Mihalache Lucian A $216,500 Ticor National
Warrey Mary E $78,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hailu Ephrem H $399,000
Previous Owner Hailu Ephrem H $194,164
Previous Owner Mihalache Lucian A $308,560
Previous Owner Mihalache Lucian A $77,570
Previous Owner Mihalache Lucian A $48,000
Previous Owner Mihalache Lucian A $216,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2013 12/31/13 Sold $200,000 -2.4% $181 / Sq Ft
10/30/2013 10/30/13 Pending -- -- --
10/09/2013 10/09/13 For Sale $205,000 -- $186 / 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 $5,669 $506,000 $188,000 $318,000
2023 $5,060 $442,000 $172,000 $270,000
2022 $4,975 $454,000 $182,000 $272,000
2021 $4,534 $392,000 $159,000 $233,000
2020 $4,379 $345,000 $140,000 $205,000
2018 $3,931 $305,000 $115,000 $190,000
2017 $3,428 $270,000 $104,000 $166,000
2016 $3,059 $238,000 $94,000 $144,000
2015 $2,839 $218,000 $90,000 $128,000
2014 -- $195,000 $81,000 $114,000
2013 -- $163,000 $73,000 $90,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM553426

Northwest Multiple Listing Service (NWMLS)

APN: 184030-0270