NOT LISTED FOR SALE

Estimated Value: $1,377,000 - $1,600,000

3 Beds
4 Baths
3,497 Sq Ft
$437/Sq Ft Est. Value

Last Sold January 08, 2021

Last sale price $1,290,000 $369 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $9,376/month

31 Days on Market

Highlights

  • Views of a Sound
  • Rooftop Deck
  • Softwood Flooring
  • Coe Elementary School Rated A
  • Secluded Lot
  • Patio

About This Home

As of January 2021

Great investment opportunity. Immaculate condition view duplex w/3rd non-conforming unit. Exceptional Queen Anne location. This 1925 bungalow was renovated in 1990 adding two impressive units with spectacular western & southern views of the sound & mountains. Perfect for an investor or owner who wants to occupy a beautiful view home with extra income from two units. Striking style & character. Please see detailed unit descriptions and different use configurations in the attached documents.

Last Agent to Sell the Property

Carl Thorgerson

Windermere Real Estate Co. License #5454 Listed on: 10/06/2020

Windermere Real Estate Co.

Last Buyer's Agent

Katie Hess

Realogics Sotheby's Int'l Rlty License #81242

Realogics Sotheby's Int'l Rlty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1673809

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,318

Year Built

  • Built in 1925

Lot Details

  • 3,600 Sq Ft Lot
  • Secluded Lot
  • Sprinkler System
  • Property is in very good condition

Property Views

  • Views of a Sound
  • Bay
  • City
  • Mountain

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Bitumen Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 3,497 Sq Ft Home
  • 3-Story Property

Flooring

  • Softwood
  • Wall to Wall Carpet
  • Ceramic Tile

Parking

  • 2 Parking Spaces
  • 1 Covered Space
  • Open Parking

Outdoor Features

  • Rooftop Deck
  • Patio

Community Details

  • Queen Anne Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7011201375

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,318

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1925
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3497
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 325

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Softwood, Hardwood, Carpet
  • Interior Amenities: Ceramic Tile, Fir/Softwood, Hardwood, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement

Exterior Features

  • Roof: Composition, Torch Down
  • View: Bay, City, Mountain(s), Sound
  • Lot Features: Curbs, Paved, Secluded, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: sea pub util, PSE
  • SewerCompany: sea pub util
  • WaterCompany: sea pub util
  • WaterSewerGarbage: 1648

Fee Information

  • Annual Fuel Expense: 229

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 7011201375
  • Lot Size Acres: 0.0826
  • Lot Size Sq Ft: 3600
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Gas Available,Patio,Rooftop Deck,Sprinkler System
  • MLSLotSizeSource: assessor
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 17
  • LeasedItems: None
  • TotalMonthlyIncome: 6500

Multi Family

  • Gross Scheduled Income: 78000
  • Net Operating Income: 61042
  • Number Of Units Total: 3
  • Electric Expense: 401
  • Insurance Expense: 1362
  • Leasable Area: 3497
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 13318

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2020
Closed on
Dec 28, 2020
Sold by
Mucci Joseph M and Trucksess Robin M
Bought by
Popp Alexander J
Seller's Agent
Carl Thorgerson
Windermere Real Estate Co.
Buyer's Agent
Katie Hess
Realogics Sotheby's Int'l Rlty
List Price
$1,325,000
Sold Price
$1,290,000
Premium/Discount to List
-$35,000
-2.64%
Total Days on Market
31
Current Estimated Value
$1,526,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,740
Avg. Annual Appreciation
6.70%
Original Mortgage
$967,500
Outstanding Balance
$880,981
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$833,655

Purchase Details

Closed on
Nov 8, 1991
Sold by
Mucci Sr Joseph M and Mucci Marylou
Bought by
Jacovino Michael G and Mucci Diana
Source: Public Records

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Range of Values:

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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
Popp Alexander J $1,290,000 Ticor Title
Jacovino Michael G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Popp Alexander J $967,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2021 01/08/21 Sold $1,290,000 -2.6% $369 / Sq Ft
11/06/2020 11/06/20 Pending -- -- --
10/06/2020 10/06/20 For Sale $1,325,000 -- $379 / 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 $15,284 $1,598,000 $1,144,000 $454,000
2023 $14,077 $1,495,000 $1,144,000 $351,000
2022 $13,816 $1,618,000 $1,211,000 $407,000
2021 $13,228 $1,510,000 $1,128,000 $382,000
2020 $13,749 $1,371,000 $1,036,000 $335,000
2018 $12,101 $1,419,000 $1,106,000 $313,000
2017 $10,819 $1,227,000 $956,000 $271,000
2016 $9,861 $1,134,000 $888,000 $246,000
2015 $8,070 $1,008,000 $623,000 $385,000
2014 -- $841,000 $499,000 $342,000
2013 -- $789,000 $471,000 $318,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1673809

Northwest Multiple Listing Service (NWMLS)

APN: 701120-1375