NOT LISTED FOR SALE

Estimated Value: $740,558 - $822,000

2 Beds
2 Baths
1,400 Sq Ft
$551/Sq Ft Est. Value

Last Sold May 11, 2018

Last sale price $610,000 $436 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,886/month

7 Days on Market

Highlights

  • Deck
  • Softwood Flooring
  • Property is in very good condition
  • Meridian Park Elementary School Rated A
  • Corner Lot
  • 4-minute walk to Cromwell Park

About This Home

As of May 2018

Quaint, side by side legal duplex on residential street, nestled on lovely corner in great central location,close to future light rail. Extensively remodeled in 2014 w/all new systems. Two identical one bedroom units, share only one wall and feel like detached homes. Each unit has a high efficiency washer and dryer and new mini splits for heating and cooling. Each unit also has a separate driveway with off-street parking. Expansion potential in large side yard.DO NOT DISTURB WEST UNIT #1802.

Last Agent to Sell the Property

Ellen Hastings

Lake & Company License #14252 Listed on: 04/04/2018

Lake & Company

Last Buyer's Agent

Kurt Kreager

Real Broker LLC License #21032790

Real Broker LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1264183

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,148

Year Built

  • Built in 1949

Lot Details

  • 7,475 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot
  • Property is in very good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property

Flooring

  • Softwood
  • Laminate
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Additional Features

  • Deck
  • Mini Split Air Conditioners

Community Details

  • Meridian Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3705900112

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,148

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1949
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1400
  • Special Features: None
  • Cumulative Days on Market: 321

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Softwood, Laminate, Vinyl
  • Interior Amenities: Ductless HP-Mini Split, Fir/Softwood, Laminate Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot
  • View: No
  • Waterfront: No
  • Exterior Features: Cement/Concrete
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Security: FullyFenced
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Shoreline

Lot Info

  • Parcel Number: 3705900112
  • Lot Size Acres: 0.1716
  • Lot Size Sq Ft: 7475
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially
  • MLSLotSizeSource: KCR
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 3300

Multi Family

  • Gross Scheduled Income: 38400
  • Net Operating Income: 30000
  • Number Of Units Total: 2
  • Insurance Expense: 1500
  • Leasable Area: 1400
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2017
  • Tax Annual Amount: 4148

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2018
Closed on
Apr 30, 2018
Sold by
Tarily Homes Llc
Bought by
Robertson Joseph L and Harris Deborah L
Seller's Agent
Ellen Hastings
Lake & Company
Buyer's Agent
Kurt Kreager
Real Broker LLC
List Price
$619,000
Sold Price
$610,000
Premium/Discount to List
-$9,000
-1.45%
Current Estimated Value
$771,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,853
Avg. Annual Appreciation
3.32%
Original Mortgage
$457,500
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2015
Sold by
Hastings Ellen R
Bought by
Tarily Homes Llc

Purchase Details

Listed on
Feb 12, 2014
Closed on
Apr 25, 2014
Sold by
Heia David
Bought by
Hastings Ellen R
Seller's Agent
Brian Leavitt
Keller Williams Rlty Bellevue
Buyer's Agent
Ellen Hastings
Lake & Company
List Price
$272,500
Sold Price
$245,000
Premium/Discount to List
-$27,500
-10.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.76%
Original Mortgage
$183,750
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2004
Sold by
Ladd James R and Ladd Barbara H
Bought by
Heia David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 1983
Sold by
Dixon Mark Ryder
Bought by
Dixon Cheryl Jean
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
Robertson Joseph L $610,000 Ticor Title
Tarily Homes Llc -- None Available
Hastings Ellen R $245,000 First American
Heia David $235,000 First American
Dixon Cheryl Jean -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robertson Joseph L $449,900
Closed Robertson Joseph L $457,500
Previous Owner Hastings Ellen R $183,750
Previous Owner Heia David $172,500
Previous Owner Heia David $50,000
Previous Owner Heia David $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2018 05/11/18 Sold $610,000 -1.5% $436 / Sq Ft
04/11/2018 04/11/18 Pending -- -- --
04/04/2018 04/04/18 For Sale $619,000 +152.7% $442 / Sq Ft
04/30/2014 04/30/14 Sold $245,000 -10.1% $183 / Sq Ft
04/03/2014 04/03/14 Pending -- -- --
02/12/2014 02/12/14 For Sale $272,500 -- $203 / 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 $7,478 $676,000 $354,000 $322,000
2023 $7,177 $588,000 $320,000 $268,000
2022 $6,570 $684,000 $356,000 $328,000
2021 $5,994 $564,000 $300,000 $264,000
2020 $5,762 $465,000 $252,000 $213,000
2018 $5,016 $420,000 $237,000 $183,000
2017 $4,148 $397,000 $220,000 $177,000
2016 $3,926 $341,000 $189,000 $152,000
2015 $3,421 $310,000 $170,000 $140,000
2014 -- $253,000 $139,000 $114,000
2013 -- $220,000 $120,000 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1264183

Northwest Multiple Listing Service (NWMLS)

APN: 370590-0112