Listed by AgencyOne, Bought with Ace Realty
NOT LISTED FOR SALE

1921 Franklin Place E Seattle, WA 98102

Eastlake Neighborhood

Estimated Value: $1,222,000 - $1,922,042

5 Beds
3 Baths
2,580 Sq Ft
$555/Sq Ft Est. Value

Last Sold December 03, 2013

Last sale price $818,000 $317 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $9,360/month

147 Days on Market

Highlights

  • City View
  • Deck
  • Property is Fully Fenced
  • Garfield High School Rated A
  • Wood Flooring
  • 3-minute walk to I-5 Bike Park

About This Home

As of December 2013

Highly desirable Eastlake location. Close to many of Seattle's largest employers. Never a vacant unit. Completely remodeled in 2007 with quality work and quality fixtures. New electrical, plumbing and roof at that time. Excellent views from top unit and good views from middle unit. Street side faces greenbelt and Freeway park. Rear faces Lake Union and Seattle skyline. Good solid investment opportunity!

Last Agent to Sell the Property

Amir Feinsilber

AgencyOne License #50091 Listed on: 05/19/2013

AgencyOne

Last Buyer's Agent

Denise Wang

Ace Realty License #73785

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 489795

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,634

Year Built

  • Built in 1909

Lot Details

  • 2,669 Sq Ft Lot
  • Property is Fully Fenced
  • Property is in average condition

Home Design

  • Triplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,580 Sq Ft Home
  • 3-Story Property
  • City Views

Flooring

  • Wood
  • Wall to Wall Carpet

Outdoor Features

  • Deck

Utilities

  • Natural Gas Connected
  • Cable TV Available

Community Details

  • Eastlake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4086300055

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,634

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: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 2580
  • Special Features: None
  • Cumulative Days on Market: 483

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: City
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Property Condition: Average
  • Structure Type: Triplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Utilities: Cable Connected, Sewer Connected, Natural Gas Connected
  • WaterCompany: Seattle
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 4086300055
  • Lot Size Acres: 0.0613
  • Lot Size Sq Ft: 2669
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 4745

Multi Family

  • Gross Scheduled Income: 56940
  • Net Operating Income: 48105
  • Number Of Units Total: 3
  • Insurance Expense: 684
  • Leasable Area: 2580
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2012
  • Tax Annual Amount: 5634

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2021
Sold by
Wang Yamin and Li Jimin
Bought by
Nyn Wang Llc
Current Estimated Value
$1,554,488

Purchase Details

Listed on
May 19, 2013
Closed on
Nov 25, 2013
Sold by
Brooks John S and Brooks Elaine M
Bought by
Wang Yamin and Li Jimin
Seller's Agent
Amir Feinsilber
AgencyOne
Buyer's Agent
Denise Wang
Ace Realty
List Price
$875,000
Sold Price
$818,000
Premium/Discount to List
-$57,000
-6.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.77%
Original Mortgage
$572,600
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2007
Sold by
Vuemont Terrace Llc
Bought by
Brooks John S and Brooks Elaine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2007
Sold by
Caniparoli William
Bought by
Vuemont Terrace Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 19, 1965
Sold by
Mann Madelyn Mallberg and Sorensen Helen Mallberg
Bought by
Caniparoli William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Nyn Wang Llc -- None Available
Wang Yamin $818,000 Fidelity Natio
Brooks John S $725,000 Chicago Title
Vuemont Terrace Llc $425,000 Chicago Title
Caniparoli William -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wang Yamin $515,000
Previous Owner Wang Yamin $572,600
Previous Owner Brooks John S $468,750
Previous Owner Brooks John S $511,000
Previous Owner Brooks John S $250,000
Previous Owner Vuemont Terrace Llc $460,000
Previous Owner Caniparoli William $460,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2013 12/03/13 Sold $818,000 -6.5% $317 / Sq Ft
10/14/2013 10/14/13 Pending -- -- --
05/19/2013 05/19/13 For Sale $875,000 -- $339 / 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 $10,678 $1,119,000 $1,030,000 $89,000
2023 $9,945 $1,059,000 $981,000 $78,000
2022 $12,309 $1,577,000 $758,000 $819,000
2021 $12,123 $1,358,000 $653,000 $705,000
2020 $12,378 $1,270,000 $612,000 $658,000
2018 $11,055 $1,308,000 $629,000 $679,000
2017 $9,893 $1,131,000 $544,000 $587,000
2016 $7,315 $1,046,000 $506,000 $540,000
2015 $5,988 $750,000 $160,000 $590,000
2014 -- $626,000 $128,000 $498,000
2013 -- $542,000 $121,000 $421,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 489795

Northwest Multiple Listing Service (NWMLS)

APN: 408630-0055