NOT LISTED FOR SALE

Estimated Value: $1,594,000 - $2,402,798

6 Beds
3 Baths
3,528 Sq Ft
$548/Sq Ft Est. Value

Last Sold December 14, 2012

Last sale price $905,000 $257 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $11,530/month

48 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Wood Siding
  • Coe Elementary School Rated A
  • Patio
  • 4-minute walk to 12th West and West Howe Park

About This Home

As of December 2012

Situated on the west side of Queen Anne Hill, this attractive fourplex offers beautiful views of Elliott Bary and the territory leading to the water. Originally constructed in 1906 and has been well maintained and upgraded with high-end finishes throughout. Gas services most appliances and heat equipment making the building energy efficient. New electrical service was installed in 2008. Parking and storage are abundant. This large 7,200 square foot lot is zoned LR1 has development potential.

Co-Listed By

Candice Chevaillier, CCIM

Lee & Associates Commercial RE License #18886

Last Buyer's Agent

Nona Adams

RE/MAX Integrity License #51002

RE/MAX Integrity

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 402834

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,417

Year Built

  • Built in 1906

Lot Details

  • 7,187

Home Design

  • Quadruplex
  • Block Foundation
  • Composition Roof
  • Wood Siding

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 7 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Additional Features

  • 2-Story Property
  • Property is in average condition
  • Cable TV Available

Community Details

  • Queen Anne Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7011201575

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,417

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1906
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 0
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Forced Air, Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Block
  • Property Condition: Average
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Total Parking Spaces: 7
  • ParkingUncoveredSpaces: 5

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Natural Gas Connected
  • WaterSewerGarbage: 3094

Fee Information

  • Annual Fuel Expense: 973

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 7011201575
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Gas Available,Outbuildings,Patio,Shop
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: Furnace/Burner,Water Tank
  • TotalMonthlyIncome: 5655

Multi Family

  • Gross Scheduled Income: 64440
  • Net Operating Income: 46814
  • Number Of Units Total: 4
  • Electric Expense: 1257
  • Insurance Expense: 1327
  • Leasable Area: 3550
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: true
  • VacancyRate: 4

Tax Info

  • Year: 2012
  • Tax Annual Amount: 8417

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2012
Closed on
Dec 11, 2012
Sold by
Yakovich Patrick W
Bought by
Levanoni Yosseff and Levanoni Dorit
Buyer's Agent
Nona Adams
RE/MAX Integrity
List Price
$948,750
Sold Price
$905,000
Premium/Discount to List
-$43,750
-4.61%
Current Estimated Value
$1,932,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,027,266
Avg. Annual Appreciation
6.97%
Original Mortgage
$678,750
Outstanding Balance
$478,149
Interest Rate
3.35%
Estimated Equity
$1,661,181

Purchase Details

Closed on
Jan 19, 1995
Sold by
Murphy Gerald J and Hand William Ty
Bought by
Yakovich Patrick W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,200
Interest Rate
9.16%
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
Levanoni Yosseff $905,000 First American
Yakovich Patrick W $308,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Levanoni Yosseff $678,750
Previous Owner Yakovich Patrick W $200,000
Previous Owner Yakovich Patrick W $200,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2012 12/14/12 Sold $905,000 -4.6% $257 / Sq Ft
10/28/2012 10/28/12 Pending -- -- --
09/09/2012 09/09/12 For Sale $948,750 -- $269 / 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 $14,819 $1,501,000 $1,440,000 $61,000
2023 $13,293 $1,565,000 $1,440,000 $125,000
2022 $13,809 $1,529,000 $1,382,400 $146,600
2021 $15,858 $1,470,000 $1,382,400 $87,600
2020 $16,292 $1,620,000 $1,382,400 $237,600
2018 $12,992 $1,494,000 $1,260,000 $234,000
2017 $11,429 $1,293,000 $900,000 $393,000
2016 $9,922 $1,174,000 $792,000 $382,000
2015 $8,816 $991,000 $720,000 $271,000
2014 -- $900,000 $648,000 $252,000
2013 -- $883,000 $648,000 $235,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 402834

Northwest Multiple Listing Service (NWMLS)

APN: 701120-1575