Listed by Westlake Associates, Inc., Bought with Real Property Associates
NOT LISTED FOR SALE

Estimated Value: $1,030,000 - $1,192,000

4 Beds
2 Baths
1,850 Sq Ft
$614/Sq Ft Est. Value

Last Sold March 18, 2014

Last sale price $584,000 $316 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $6,944/month

8 Days on Market

Highlights

  • Bay View
  • Wood Siding
  • 2-minute walk to 12th West and West Howe Park
  • Coe Elementary School Rated A

About This Home

As of March 2014

Duplex in-city Queen Anne location close to everything with territorial and water views. Decks and patio space. Current rents are below market. Upper unit at $1150 month-to-month. Opportunity for owner occupant. Living room with fireplace, hardwoods floors. Shared laundry in basement. Please do not disturb tenants.

Last Agent to Sell the Property

Matthew Weber

Westlake Associates, Inc. License #50224 Listed on: 02/25/2014

Last Buyer's Agent

Doug Holman

Real Property Associates License #42453

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 597098

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,960

Year Built

  • Built in 1958

Lot Details

  • 3,625 Sq Ft Lot

Property Views

  • Bay
  • Mountain
  • Territorial

Home Design

  • Duplex
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 1,850 Sq Ft Home
  • 2-Story Property

Community Details

  • Interbay Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3232200160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,960

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1958
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1850
  • Special Features: None
  • Cumulative Days on Market: 370

Interior Features

  • Fireplace: No
  • Interior Amenities: Forced Air
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Torch Down
  • View: Bay, Mountain(s), Territorial
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric, Natural Gas Connected
  • WaterSewerGarbage: 2984

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 3232200160
  • Lot Size Acres: 0.0832
  • Lot Size Sq Ft: 3625
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 19
  • LeasedItems: None
  • TotalMonthlyIncome: 2550

Multi Family

  • Gross Scheduled Income: 30600
  • Net Operating Income: 19988
  • Number Of Units Total: 2
  • Insurance Expense: 750
  • Leasable Area: 1850
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2013
  • Tax Annual Amount: 4960

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2014
Closed on
Mar 14, 2014
Sold by
Michaelson Robert E and Michaelson Gerrian Chia Lin
Bought by
Orange Circle Llc
Seller's Agent
Matthew Weber
Westlake Associates, Inc.
Buyer's Agent
Doug Holman
Real Property Associates
List Price
$585,000
Sold Price
$584,000
Premium/Discount to List
-$1,000
-0.17%
Current Estimated Value
$1,135,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$551,367
Avg. Annual Appreciation
5.92%

Purchase Details

Closed on
Oct 31, 2005
Sold by
Derks Cletus and Sabatini Robert
Bought by
Michaelson Robert E and Michaelson Gerrian Chia Lin

Purchase Details

Closed on
Mar 25, 1999
Sold by
Queen Anne/2Nd North Partnership
Bought by
Derks Cletus and Sabatini Robert

Purchase Details

Closed on
Oct 3, 1994
Sold by
Munsell Margaret Nan and Mcnutt Nan
Bought by
Queen Anne/2Nd North Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
8.55%
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
Orange Circle Llc $584,000 Fidelity
Michaelson Robert E $535,000 Pacific Nw Tit
Derks Cletus -- Pacific Northwest Title
Queen Anne/2Nd North Partnership $225,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Queen Anne/2Nd North Partnership $157,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2014 03/18/14 Sold $584,000 -0.2% $316 / Sq Ft
03/06/2014 03/06/14 Pending -- -- --
02/25/2014 02/25/14 For Sale $585,000 -- $316 / 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 $9,234 $940,000 $817,000 $123,000
2023 $8,249 $880,000 $817,000 $63,000
2022 $9,004 $953,000 $865,000 $88,000
2021 $8,619 $965,000 $803,000 $162,000
2020 $8,950 $876,000 $738,000 $138,000
2018 $7,875 $908,000 $789,000 $119,000
2017 $7,046 $785,000 $682,000 $103,000
2016 $5,962 $726,000 $634,000 $92,000
2015 $4,889 $597,000 $466,000 $131,000
2014 -- $498,000 $373,000 $125,000
2013 -- $468,000 $352,000 $116,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 597098

Northwest Multiple Listing Service (NWMLS)

APN: 323220-0160