Listed by The Preview Group, Bought with Windermere R.E. Shoreline
NOT LISTED FOR SALE

18531 Fremont Ave N Unit A&B Shoreline, WA 98133

Hillwood Neighborhood

Estimated Value: $744,256 - $855,000

3 Beds
2 Baths
1,640 Sq Ft
$481/Sq Ft Est. Value

Last Sold December 17, 2020

Last sale price $579,000 $353 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,768/month

93 Days on Market

Highlights

  • RV Access or Parking
  • Territorial View
  • High Speed Internet
  • Echo Lake Elementary School Rated A-
  • Ceramic Tile Flooring
  • Partially Fenced Property

About This Home

As of December 2020

Cash flowing duplex in beautiful Richmond Highlands neighborhood. Two nearly detached units live like two homes. Surrounded by single family homes. Both units have two bedrooms separate laundry, and cabinets, granite countertops and plank flooring all installed in 2013. Building is very low maintenance with metal roof and vinyl Siding. Close to everything. Walk to multiple parks, grocery stores, and restaurants. Plenty of off-street parking for both units. Perfect owner occupant opportunity.

Last Agent to Sell the Property

Michael Delaney

The Preview Group License #93711 Listed on: 08/19/2020

The Preview Group

Last Buyer's Agent

Saihou Drammeh

Windermere R.E. Shoreline License #82875

Windermere R.E. Shoreline

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1643179

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,454

Year Built

  • Built in 1927

Lot Details

  • 5,514 Sq Ft Lot
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Metal Roof
  • Vinyl Construction Material
  • Wood Composite

Interior Spaces

  • 1,640 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking
  • RV Access or Parking

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Richmond Highlands Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7287100016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,454

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1927
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1640
  • SOCComments: Thanks for showing
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Laminate Hardwood, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Metal
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: SCL
  • SewerCompany: Ronald
  • WaterCompany: SPU
  • WaterSewerGarbage: 2052

Schools

  • Junior High Dist: Shoreline

Lot Info

  • Parcel Number: 7287100016
  • Lot Size Acres: 0.1266
  • Lot Size Sq Ft: 5514
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet,RV Parking
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 19
  • LeasedItems: None
  • TotalMonthlyIncome: 3204

Multi Family

  • Gross Scheduled Income: 38448
  • Net Operating Income: 30173
  • Number Of Units Total: 2
  • Insurance Expense: 700
  • Leasable Area: 1640
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2020
  • Tax Annual Amount: 5454

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2020
Closed on
Dec 16, 2020
Sold by
Jay Maxwell Investments Llc
Bought by
Mahmood Sara
Seller's Agent
Michael Delaney
The Preview Group
Buyer's Agent
Saihou Drammeh
Windermere R.E. Shoreline
List Price
$599,950
Sold Price
$579,000
Premium/Discount to List
-$20,950
-3.49%
Current Estimated Value
$788,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,064
Avg. Annual Appreciation
6.61%
Original Mortgage
$63,200
Outstanding Balance
$56,911
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$729,362

Purchase Details

Closed on
Aug 5, 2020
Sold by
Heist Katrina
Bought by
Jay Maxwell Investments Llc

Purchase Details

Closed on
Jan 18, 2013
Sold by
18531 Sri Llc
Bought by
Alonso Katrina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,834
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 31, 2007
Sold by
Monterey Llc
Bought by
18531 Sri Llc

Purchase Details

Closed on
Sep 22, 2005
Sold by
Brown Keith E and Brown Holly L
Bought by
Monterey Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,500
Interest Rate
5.61%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 11, 2005
Sold by
Monterey Llc
Bought by
Brown Keith E and Brown Holly L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,500
Interest Rate
5.61%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 31, 2004
Sold by
Brown Keith E and Brown Holly L
Bought by
Monterey Llc

Purchase Details

Closed on
Jan 14, 2004
Sold by
Brown Keith E and Brown Holly L
Bought by
Monterey Llc

Purchase Details

Closed on
Nov 20, 2003
Sold by
Yusaf Obed N and Yusaf Donna O
Bought by
Brown Keith E and Brown Holly L

Purchase Details

Closed on
Mar 20, 2002
Sold by
Straight Robert J and Straight Shirley J
Bought by
Yusaf Obed N and Yusaf Donna O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,400
Interest Rate
6.85%
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
Mahmood Sara $579,000 Wfg Natl Ttl Co Of Wa Llc
Jay Maxwell Investments Llc -- None Available
Alonso Katrina $230,000 Chicago Title
18531 Sri Llc -- None Available
Monterey Llc -- --
Brown Keith E -- Chicago Title
Monterey Llc -- --
Monterey Llc -- --
Brown Keith E $175,000 Old Republic T
Yusaf Obed N $193,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahmood Sara $63,200
Previous Owner Alonso Katrina $225,834
Previous Owner Yusaf Obed N $154,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2020 12/17/20 Sold $579,000 -3.5% $353 / Sq Ft
11/20/2020 11/20/20 Pending -- -- --
11/20/2020 11/20/20 For Sale $599,950 +3.6% $366 / Sq Ft
11/17/2020 11/17/20 Off Market $579,000 -- --
11/16/2020 11/16/20 For Sale $599,950 0.0% $366 / Sq Ft
11/01/2020 11/01/20 Pending -- -- --
10/17/2020 10/17/20 For Sale $599,950 0.0% $366 / Sq Ft
10/06/2020 10/06/20 Pending -- -- --
09/29/2020 09/29/20 Price Changed $599,950 -4.0% $366 / Sq Ft
09/18/2020 09/18/20 Price Changed $624,950 -3.7% $381 / Sq Ft
08/19/2020 08/19/20 For Sale $649,000 -- $396 / 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 $7,080 $635,000 $309,000 $326,000
2023 $6,816 $552,000 $267,000 $285,000
2022 $7,090 $645,000 $297,000 $348,000
2021 $6,730 $611,000 $244,000 $367,000
2020 $5,454 $526,000 $209,000 $317,000
2018 $4,742 $394,000 $197,000 $197,000
2017 $3,971 $372,000 $186,000 $186,000
2016 $4,325 $324,000 $162,000 $162,000
2015 $4,142 $343,000 $147,000 $196,000
2014 -- $309,000 $138,000 $171,000
2013 -- $267,000 $120,000 $147,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1643179

Northwest Multiple Listing Service (NWMLS)

APN: 728710-0016