Listed by Windermere Real Estate/M2, LLC, Bought with Keller Williams Rlty Bellevue
NOT LISTED FOR SALE

Estimated Value: $1,230,000 - $1,695,000

-- Bed
-- Bath
4,012 Sq Ft
$362/Sq Ft Est. Value

Last Sold June 14, 2013

Last sale price $585,000 $146 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $8,757/month

1 Day on Market

Highlights

  • Deck
  • Wood Siding
  • Wall to Wall Carpet
  • Kenmore Elementary School Rated A-

About This Home

As of June 2013

Fantastic investment opportunity in convenient Kenmore location. Each unit consists of 2 bed, 1.75 baths, large family room/dining room space, large kitchens, 2 covered parking spaces and secure storage facility. Two units have been remodeled, all have been updated. Coin op laundry provides additional income. Close to bus lines, Burke Gilman Trail, UW Bothell and many other amenities.

Last Agent to Sell the Property

Mark Kirshner

Windermere Real Estate/M2, LLC License #27051 Listed on: 05/01/2013

Windermere Real Estate/M2, LLC

Last Buyer's Agent

Barbara Pexa

Keller Williams Rlty Bellevue License #83012

Keller Williams Rlty Bellevue

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 481317

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,492

Year Built

  • Built in 1975

Lot Details

  • 0.35 Acre Lot
  • Property is in good condition

HOA Fees

  • $29 Monthly HOA Fees

Home Design

  • Quadruplex
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,012 Sq Ft Home
  • 3-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 12 Parking Spaces
  • Open Parking

Additional Features

  • Deck
  • Cable TV Available

Community Details

  • Lakemore Estates Condos
  • Kenmore Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4140100190

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,492

Year Built

Built in 1975

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1975
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Lakemore Estates
  • CalculatedSquareFootage: 4012
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete, Slab
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 8
  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 12
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: Northshore
  • WaterCompany: Northshore
  • WaterSewerGarbage: 3738

Condo/Co-op/Association

  • Association Fee: 350
  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Northshore

Lot Info

  • Parcel Number: 4140100190
  • Lot Size Acres: 0.3489
  • Lot Size Sq Ft: 15200
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 3770

Multi Family

  • Gross Scheduled Income: 45240
  • Net Operating Income: 29773
  • Number Of Units Total: 4
  • Electric Expense: 600
  • Insurance Expense: 1716
  • Leasable Area: 4012
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2012
  • Tax Annual Amount: 8492

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2013
Closed on
Jun 6, 2013
Sold by
Kirshner Karen B
Bought by
Wintermute Tiffany and Wintermute Vince Edward
Seller's Agent
Mark Kirshner
Windermere Real Estate/M2, LLC
Buyer's Agent
Barbara Pexa
Keller Williams Rlty Bellevue
List Price
$585,000
Sold Price
$585,000
Current Estimated Value
$1,452,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$867,192
Avg. Annual Appreciation
7.67%
Original Mortgage
$409,500
Outstanding Balance
$289,078
Interest Rate
3.32%
Estimated Equity
$1,163,114

Purchase Details

Closed on
Feb 21, 2013
Sold by
Kirshner Karen B
Bought by
Kirshner Karen B

Purchase Details

Closed on
Nov 30, 1998
Sold by
Yamane Etsuo and Yamane Midori
Bought by
Kirshner Michael A and Kirshner Karen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,800
Interest Rate
6.69%

Purchase Details

Closed on
Mar 20, 1992
Sold by
Dunkin Jack and Dunkin Mary
Bought by
Yamane Etsuo and Yamane Midori
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
Wintermute Tiffany $585,000 Old Republic T
Kirshner Karen B -- None Available
Kirshner Michael A $354,000 --
Yamane Etsuo $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wintermute Tiffany $409,500
Previous Owner Kirshner Michael A $247,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2013 06/14/13 Sold $585,000 0.0% $146 / Sq Ft
05/04/2013 05/04/13 Pending -- -- --
05/02/2013 05/02/13 For Sale $585,000 -- $146 / 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 $12,351 $1,157,000 $380,000 $777,000
2023 $12,278 $1,272,000 $334,400 $937,600
2022 $12,929 $1,306,000 $288,800 $1,017,200
2021 $13,952 $1,138,000 $273,600 $864,400
2020 $13,977 $1,139,000 $380,000 $759,000
2018 $10,954 $1,072,000 $349,600 $722,400
2017 $9,058 $879,000 $349,600 $529,400
2016 $9,052 $728,000 $334,400 $393,600
2015 -- $724,000 $304,000 $420,000
2014 -- $655,000 $304,000 $351,000
2013 -- $655,000 $273,600 $381,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 481317

Northwest Multiple Listing Service (NWMLS)

APN: 414010-0190