Listed by Coldwell Banker Danforth, Bought with Keller Williams Downtown Sea
NOT LISTED FOR SALE

Estimated Value: $851,000 - $1,092,000

4 Beds
2 Baths
2,570 Sq Ft
$374/Sq Ft Est. Value

Last Sold May 15, 2015

Last sale price $425,000 $165 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $5,797/month

8 Days on Market

Highlights

  • RV Access or Parking
  • Territorial View
  • Thermal Windows
  • Highland Terrace Elementary School Rated A
  • Wood Flooring
  • Patio

About This Home

As of May 2015

Very special property. Legal Duplex conversion 2007. Extensive updating. Lower: all new 2007. Up: newer kitchen, bath, elec. panel, plumbing, windows. Wall & attic insulation. 2 Tankless H2O heaters 2007. Electric & gas metered separately. Sun-filled with Fr. doors to beautiful 11,017 sf lot & picturesque natural setting. Up: 1320 sf, with 2 brm+den. Lower: 2 brm, 1200 sf. Shared laundry room.

Last Agent to Sell the Property

Diana Russell

Coldwell Banker Danforth License #31033 Listed on: 04/06/2015

Coldwell Banker Danforth

Last Buyer's Agent

Chad Ozog

Keller Williams Downtown Sea License #101559

Keller Williams Downtown Sea

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 765182

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,913

Year Built

  • Built in 1956 | Remodeled

Lot Details

  • 0.25 Acre Lot
  • Property is Fully Fenced

Home Design

  • Duplex
  • Poured Concrete
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 2,570 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking
  • RV Access or Parking

Schools

  • Highland Terrace Ele Elementary School
  • Albert Einstein Mid Middle School
  • Shorewood High School

Additional Features

  • Patio
  • High Speed Internet

Community Details

  • Richmond Highlands Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1226039058

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,913

Year Built

Built in 1956 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1956
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2570
  • Special Features: VirtualTour

Interior Features

  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: High Efficiency - 90%+, Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage,Thermal Windows

Exterior Features

  • Roof: Torch Down
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Duplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: High Speed Internet, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: Puget sound Energy
  • SewerCompany: Ronald
  • WaterCompany: City Of Seattle

Schools

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

Lot Info

  • Parcel Number: 1226039058
  • Lot Size Acres: 0.2529
  • Lot Size Sq Ft: 11017
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,Gas Available,High Speed Internet,Patio,RV Parking
  • MLSLotSizeSource: KCR

Green Features

  • Efficiency: High Efficiency - 90%+, Thermal Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 2300

Tax Info

  • Year: 2015
  • Tax Annual Amount: 4913

Multi Family

  • Number Of Units Total: 2
  • UnitsBelowGrade: true

MLS Schools

  • Elementary School: Highland Terrace Ele

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2015
Closed on
May 3, 2015
Sold by
Leary Timothy John O
Bought by
Phillips Andrew and Wehmeyer Paige
Seller's Agent
Diana Russell
Coldwell Banker Danforth
Buyer's Agent
Chad Ozog
Keller Williams Downtown Sea
List Price
$400,000
Sold Price
$425,000
Premium/Discount to List
$25,000
6.25%
Current Estimated Value
$961,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$536,054
Avg. Annual Appreciation
8.07%
Original Mortgage
$340,000
Outstanding Balance
$261,829
Interest Rate
3.67%
Mortgage Type
New Conventional
Estimated Equity
$699,225

Purchase Details

Closed on
Mar 2, 2011
Sold by
Holter Tanya Jamie
Bought by
Leary Timothy John O

Purchase Details

Closed on
Sep 17, 1996
Sold by
Marmont Paula Ruth
Bought by
Oleary Timothy J and Holter Tanya Jamie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,250
Interest Rate
5.7%

Purchase Details

Closed on
Sep 16, 1996
Sold by
Gebhard Martha Anne
Bought by
Marmont Paula Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,250
Interest Rate
5.7%
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
Phillips Andrew $425,000 First American
Leary Timothy John O -- First American
Oleary Timothy John -- None Available
Oleary Timothy J $155,000 --
Marmont Paula Ruth -- Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Andrew $340,000
Previous Owner Oleary Timothy J $147,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2015 05/15/15 Sold $425,000 +6.3% $165 / Sq Ft
04/15/2015 04/15/15 Pending -- -- --
04/06/2015 04/06/15 For Sale $400,000 -- $156 / 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 $8,903 $809,000 $386,000 $423,000
2023 $8,366 $703,000 $333,000 $370,000
2022 $8,239 $822,000 $370,000 $452,000
2021 $7,809 $713,000 $312,000 $401,000
2020 $7,522 $613,000 $267,000 $346,000
2018 $6,396 $554,000 $252,000 $302,000
2017 $5,357 $510,000 $238,000 $272,000
2016 $4,922 $444,000 $207,000 $237,000
2015 $4,913 $391,000 $170,000 $221,000
2014 -- $369,000 $160,000 $209,000
2013 -- $319,000 $139,000 $180,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 765182

Northwest Multiple Listing Service (NWMLS)

APN: 122603-9058