Listed by Windermere Real Estate Co., Bought with Windermere Real Estate Midtown
NOT LISTED FOR SALE

Estimated Value: $1,276,032 - $1,380,000

5 Beds
3 Baths
2,680 Sq Ft
$492/Sq Ft Est. Value

Last Sold October 31, 2013

Last sale price $540,000 $201 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $7,826/month

56 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • 3-minute walk to Miller Triangle
  • Stevens Elementary School Rated A-
  • Partially Fenced Property

About This Home

As of October 2013

This Classic Mid Century, Full Brick Side by Side Duplex has an Excellent Location in the Heart of Capitol Hill. Interior features include formal entries, oak floors, dining rooms, mantled brick fireplaces, tiled kitchens with breakfast nooks, basements to each unit & secure individual garage parking. W/D in each unit. A very charming vintage duplex. Needs systems updates & some cosmetics. Truly exceptional upside potential for the new owner. Priced to sell, rents below market value. Sold as is.

Last Agent to Sell the Property

Brian Steiner

Windermere Real Estate Co. License #36186 Listed on: 07/26/2013

Windermere Real Estate Co.

Last Buyer's Agent

Michael Doyle

Windermere Real Estate Midtown License #18793

Windermere Real Estate Midtown

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 522487

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,458

Year Built

  • Built in 1941

Lot Details

  • 2,400 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot

Home Design

  • Duplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,680 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces

Community Details

  • Capitol Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5707500089

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,458

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1941
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2680
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Forced Air, Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks

Exterior Features

  • Roof: Flat
  • Lot Features: Corner Lot
  • View: No
  • Waterfront: No
  • Exterior Features: Brick
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: No
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Utilities: Sewer Connected, Oil
  • PowerCompany: Seattle City lights
  • SewerCompany: City of Seattle
  • WaterCompany: City of Seattle
  • WaterSewerGarbage: 3300

Schools

  • Junior High Dist: Seattle
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 5707500089
  • Lot Size Acres: 0.0551
  • Lot Size Sq Ft: 2400
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Oil

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 19
  • LeasedItems: None
  • TotalMonthlyIncome: 2400

Multi Family

  • Gross Scheduled Income: 28800
  • Net Operating Income: 13350
  • Number Of Units Total: 2
  • Insurance Expense: 1092
  • Leasable Area: 2680
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2013
  • Tax Annual Amount: 5458

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2013
Closed on
Oct 23, 2013
Sold by
Migdal Joel S
Bought by
Fer Mehmet F and Kitis Zeliha Demet
Seller's Agent
Brian Steiner
Windermere Real Estate Co.
Buyer's Agent
Michael Doyle
Windermere Real Estate Midtown
List Price
$569,000
Sold Price
$540,000
Premium/Discount to List
-$29,000
-5.1%
Current Estimated Value
$1,317,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$777,344
Avg. Annual Appreciation
7.45%
Original Mortgage
$405,000
Outstanding Balance
$309,261
Interest Rate
4.46%
Estimated Equity
$962,702

Purchase Details

Closed on
Aug 29, 1989
Sold by
Hachiya Raymond D and Mc Gu Zita K
Bought by
Migdal Joel S and Migdal Marcia R
Source: Public Records

Range of Values:

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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
Fer Mehmet F $540,000 Chicago Title
Migdal Joel S $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fer Mehmet F $405,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2013 10/31/13 Sold $540,000 -5.1% $201 / Sq Ft
09/21/2013 09/21/13 Pending -- -- --
07/26/2013 07/26/13 For Sale $569,000 -- $212 / 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 $10,104 $1,049,000 $709,000 $340,000
2023 $9,411 $993,000 $676,000 $317,000
2022 $9,090 $1,100,000 $381,000 $719,000
2021 $8,945 $987,000 $328,000 $659,000
2020 $9,123 $923,000 $308,000 $615,000
2018 $7,559 $951,000 $317,000 $634,000
2017 $6,006 $762,000 $271,000 $491,000
2016 $5,427 $623,000 $226,000 $397,000
2015 $4,737 $549,000 $210,000 $339,000
2014 -- $488,000 $162,000 $326,000
2013 -- $571,000 $201,000 $370,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 522487

Northwest Multiple Listing Service (NWMLS)

APN: 570750-0089