NOT LISTED FOR SALE

Estimated Value: $1,187,000 - $1,506,000

6 Beds
3 Baths
2,200 Sq Ft
$598/Sq Ft Est. Value

Last Sold May 08, 2017

Last sale price $1,260,000 $573 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $8,127/month

18 Days on Market

Highlights

  • Territorial View
  • Patio
  • Partially Fenced Property
  • Coe Elementary School Rated A
  • Property is in very good condition
  • 5-minute walk to West Queen Anne Playfield

About This Home

As of May 2017

Located on the top of Queen Anne Hill, a fantastic opportunity for an investor recently upgraded duplex in one of Seattle’s premier neighborhoods. Townhome style w/3 bedrooms,2 baths, both have been fully upgraded w/new flooring, kitchens, baths, windows, fixtures, & finishes, & now attracts an elite renter profile. An investor can purchase a small real estate investment in an A+location. Rarely does an investment of this caliber & quality, along with the ability to utilize residential financing

Last Agent to Sell the Property

Michael Miller

Matrix Real Estate, LLC License #24150 Listed on: 02/17/2017

Last Buyer's Agent

Dee Wu

Kelly Right RE of Seattle LLC License #125890

Kelly Right RE of Seattle LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1079702

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,354

Year Built

  • Built in 1967

Lot Details

  • 3,960 Sq Ft Lot
  • Partially Fenced Property
  • Property is in very good condition

Home Design

  • Duplex
  • Flat Roof Shape
  • Poured Concrete
  • Bitumen Roof
  • Wood Composite

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Territorial Views

Parking

  • 3 Parking Spaces
  • Open Parking

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • Queen Anne Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4232900206

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,354

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1967
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2200
  • Special Features: None
  • Cumulative Days on Market: 312

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks

Exterior Features

  • Roof: Flat, Torch Down
  • View: Territorial
  • Lot Features: Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Duplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: SPUD
  • SewerCompany: SPUD
  • WaterCompany: SPUD
  • WaterSewerGarbage: 3150

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 4232900206
  • Lot Size Acres: 0.0909
  • Lot Size Sq Ft: 3960
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Patio
  • MLSLotSizeSource: buyer to verify
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 9380

Multi Family

  • Gross Scheduled Income: 64380
  • Net Operating Income: 49506
  • Number Of Units Total: 2
  • Insurance Expense: 838
  • Leasable Area: 2200
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2017
  • Tax Annual Amount: 7354

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2023
Sold by
Tian Lei
Bought by
Rapids West Property Management Llc
Current Estimated Value
$1,315,464

Purchase Details

Listed on
Feb 17, 2017
Closed on
Apr 25, 2017
Sold by
Duong Francis
Bought by
Tian Lei
Seller's Agent
Michael Miller
Matrix Real Estate, LLC
Buyer's Agent
Dee Wu
Kelly Right RE of Seattle LLC
List Price
$995,000
Sold Price
$1,260,000
Premium/Discount to List
$265,000
26.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.53%

Purchase Details

Closed on
Apr 2, 2007
Sold by
Yount Jennifer Lee and Yount Christine Marie
Bought by
Duong Francis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,700
Interest Rate
5.86%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 1, 2004
Sold by
6Th West Llc
Bought by
Trust B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 12, 2003
Sold by
Hill Robbie A and Hill Mary Kay
Bought by
6Th West Llc
Source: Public Records

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Range of Values:

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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
Rapids West Property Management Llc $313 None Listed On Document
Tian Lei $1,260,000 Chicago Title
Duong Francis $635,000 Commonwealth L
Trust B $522,000 Fidelity Natio
6Th West Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Duong Francis $31,700
Previous Owner Duong Francis $508,000
Previous Owner Yount Jennifer Lee $150,000
Previous Owner 6Th West Llc $385,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2017 05/08/17 Sold $1,260,000 +26.6% $573 / Sq Ft
03/08/2017 03/08/17 Pending -- -- --
02/17/2017 02/17/17 For Sale $995,000 -- $452 / 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 $9,584 $978,000 $736,000 $242,000
2023 $8,550 $915,000 $736,000 $179,000
2022 $9,692 $990,000 $779,000 $211,000
2021 $9,280 $1,043,000 $516,000 $527,000
2020 $9,633 $947,000 $474,000 $473,000
2018 $7,942 $916,000 $507,000 $409,000
2017 $7,101 $792,000 $439,000 $353,000
2016 $5,346 $732,000 $408,000 $324,000
2015 $4,389 $532,000 $373,000 $159,000
2014 -- $444,000 $299,000 $145,000
2013 -- $417,000 $283,000 $134,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1079702

Northwest Multiple Listing Service (NWMLS)

APN: 423290-0206