Listed by Realogics Sotheby's Int'l Rlty, Bought with Windermere RE Greenwood
NOT LISTED FOR SALE

Estimated Value: $1,815,000 - $2,046,000

5 Beds
4 Baths
3,950 Sq Ft
$491/Sq Ft Est. Value

Last Sold October 05, 2015

Last sale price $1,425,000 $361 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $11,710/month

21 Days on Market

Highlights

  • Lake View
  • Deck
  • 5-minute walk to I-5 Bike Park
  • Garfield High School Rated A
  • Wood Siding

About This Home

As of October 2015

Fabulous investment opportunity on one of Seattle’s most desirable streets! Built in 1909 as a Triplex, this home has been meticulously maintained by the current owner for 30+ years. The spacious 1700 sf two-level upper unit, w/ Lake Union & Sunset views from the master & upper deck, could make a perfect owner's residence. Modern interior spaces optimize the addl. 1 br/1 ba & 2 br/1 ba units. A large, professionally maintained yard, period detail & quiet location make this a singular property.

Last Agent to Sell the Property

Moira Holley

Realogics Sotheby's Int'l Rlty License #40143 Listed on: 08/07/2015

Realogics Sotheby's Int'l Rlty

Last Buyer's Agent

Junior Torres

Windermere RE Greenwood License #100407

Windermere RE Greenwood

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 831191

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,889

Year Built

  • Built in 1909

Lot Details

  • 4,400

Property Views

  • Lake
  • City
  • Mountain

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,950 Sq Ft Home
  • 3-Story Property

Parking

  • 1 Parking Space
  • Open Parking

Utilities

  • Radiator
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Deck
  • 4,400 Sq Ft Lot

Community Details

  • North Capitol Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9488700095

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,889

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1909
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Radiator
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: City, Lake, Mountain(s)
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Total Parking Spaces: 1
  • ParkingUncoveredSpaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric, Natural Gas Connected
  • WaterSewerGarbage: 2890

Fee Information

  • Annual Fuel Expense: 3000

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 9488700095
  • Lot Size Acres: 0.101
  • Lot Size Sq Ft: 4400
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck
  • MLSLotSizeSource: Public Records

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 19
  • LeasedItems: None
  • TotalMonthlyIncome: 6750

Multi Family

  • Gross Scheduled Income: 81000
  • Net Operating Income: 61948
  • Number Of Units Total: 3
  • Electric Expense: 98
  • Insurance Expense: 2175
  • Leasable Area: 3950
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2015
  • Tax Annual Amount: 8889

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2015
Closed on
Sep 15, 2015
Sold by
Henry Joann N
Bought by
Gray Darren D and Gray Leah
Seller's Agent
Moira Holley
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Junior Torres
Windermere RE Greenwood
List Price
$1,575,000
Sold Price
$1,425,000
Premium/Discount to List
-$150,000
-9.52%
Current Estimated Value
$1,938,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$513,291
Avg. Annual Appreciation
4.78%
Original Mortgage
$1,140,000
Interest Rate
3.19%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 17, 2003
Sold by
Hoedemaker David C
Bought by
Hoedemaker Joann Henry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
5.54%

Purchase Details

Closed on
Jan 27, 1994
Sold by
Hoedemaker Joann Henry
Bought by
Hoedemaker Joann Henry
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
Gray Darren D $1,425,000 First American
Hoedemaker Joann Henry -- Chicago Title
Hoedemaker Joann Henry -- Northwestern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gray Leah $1,276,100
Closed Gray Darren D $255,300
Closed Gray Darren D $1,140,000
Previous Owner Hoedemaker Joann Henry $227,500
Previous Owner Hoedemaker Joann Henry $261,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2015 10/05/15 Sold $1,425,000 -9.5% $361 / Sq Ft
08/29/2015 08/29/15 Pending -- -- --
08/07/2015 08/07/15 For Sale $1,575,000 -- $399 / 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 $16,600 $1,737,000 $833,000 $904,000
2023 $14,673 $1,557,000 $794,000 $763,000
2022 $16,045 $2,043,000 $809,000 $1,234,000
2021 $15,359 $1,759,000 $697,000 $1,062,000
2020 $15,667 $1,598,000 $654,000 $944,000
2018 $14,034 $1,645,000 $672,000 $973,000
2017 $11,036 $1,427,000 $589,000 $838,000
2016 $10,331 $1,155,000 $509,000 $646,000
2015 -- $1,055,000 $462,000 $593,000
2014 -- $927,000 $385,000 $542,000
2013 -- $969,000 $367,000 $602,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 831191

Northwest Multiple Listing Service (NWMLS)

APN: 948870-0095