NOT LISTED FOR SALE

Estimated Value: $790,000 - $1,027,000

5 Beds
3 Baths
2,570 Sq Ft
$360/Sq Ft Est. Value

Last Sold July 02, 2020

Last sale price $710,000 $276 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,933/month

12 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Cul-De-Sac
  • Lake Forest Park Elementary School Rated A-
  • Thermal Windows
  • 3-minute walk to Brugger's Bog Park

About This Home

As of July 2020

Purchase this great duplex as an investment or as an owner-occupied property. Fantastic location, close to major commute lines, shopping & many bus routes. Bamboo hardwood flooring, solid granite counters, stainless appliances, tile bathrooms. Solid wooden doors throughout. New roof. Great school district. 5.5% cap rate.

Last Listed By

Emmett McLaulin

RE/MAX Northwest License #91621 Listed on: 05/25/2020

RE/MAX Northwest

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1601387

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,447

Year Built

  • Built in 1979

Lot Details

  • 9,350 Sq Ft Lot
  • Cul-De-Sac
  • Property is Fully Fenced
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,570 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck

Schools

  • Lake Forest Park Ele Elementary School
  • Kellogg Mid Middle School
  • Shorecrest High School

Community Details

  • Shoreline Subdivision

Listing and Financial Details

  • Legal Lot and Block 42602 / 50
  • Assessor Parcel Number 0426049050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,447

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1979
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2570
  • SOCComments: 2.5
  • Special Features: None
  • Cumulative Days on Market: 268

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Cul-De-Sac
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Seattle City Light
  • SewerCompany: Ronald Waste Water Mgt
  • WaterCompany: North City WD
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Shoreline
  • High School: Shorecrest High
  • Middle Or Junior School: Kellogg Mid

Lot Info

  • Parcel Number: 0426049050
  • Lot Size Acres: 0.2146
  • Lot Size Sq Ft: 9350
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Fully
  • MLSLotSizeSource: KCR
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 42602

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Multi Family

  • Gross Scheduled Income: 42000
  • Net Operating Income: 38600
  • Number Of Units Total: 2
  • Insurance Expense: 990
  • Leasable Area: 2570
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 7447

MLS Schools

  • Elementary School: Lake Forest Park Ele

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2020
Closed on
Jul 1, 2020
Sold by
Maqsudi Parwiz
Bought by
Williams Joshua and Geren Kathryn
Seller's Agent
Emmett McLaulin
RE/MAX Northwest
Buyer's Agent
Brian Alfi
Windermere R.E. Shoreline
List Price
$700,000
Sold Price
$710,000
Premium/Discount to List
$10,000
1.43%
Total Days on Market
12
Current Estimated Value
$926,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,174
Avg. Annual Appreciation
5.57%
Original Mortgage
$532,500
Outstanding Balance
$478,227
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$447,947

Purchase Details

Closed on
Dec 24, 2019
Sold by
American Fagles Management Services Llc
Bought by
Maqsudi Parwiz

Purchase Details

Closed on
Sep 25, 2018
Sold by
Waheed Sultani and Nilofa Zazai
Bought by
American Eagles Management Services Llc

Purchase Details

Closed on
Sep 17, 2015
Sold by
Musa Mohammad and Musa Qandijan
Bought by
Sultani Waheed and Zazai Nilofar

Purchase Details

Closed on
Oct 5, 2009
Sold by
Wells Fargo Bank National Association
Bought by
Musa Mohammad and Musa Zandijan

Purchase Details

Closed on
Jul 14, 2009
Sold by
Kermanshahi Sara
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Oct 20, 2006
Sold by
Morris Harry E and Morris Yvonne E
Bought by
Kermanshahi Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,190
Interest Rate
6.3%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 5, 1990
Sold by
Hoagland Robert R and Hoagland Carolyn
Bought by
Morris Harry E and Morris Yvonne E

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
Williams Joshua $710,000 First American
Maqsudi Parwiz $420,000 None Available
American Eagles Management Services Llc $425,000 None Available
Sultani Waheed $143,000 Accommodation
Musa Mohammad $200,001 Chicago Title
Wells Fargo Bank National Association $351,352 None Available
Kermanshahi Sara $380,950 Pacific Nw Tit
Morris Harry E $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Joshua $532,500
Previous Owner Musa Mohammad $187,400
Previous Owner Kermanshahi Sara $76,190
Previous Owner Kermanshahi Sara $304,760
Previous Owner Morris Harry E $145,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2020 07/02/20 Sold $710,000 +1.4% $276 / Sq Ft
05/28/2020 05/28/20 Pending -- -- --
05/16/2020 05/16/20 For Sale $700,000 -- $272 / 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 $8,987 $814,000 $374,000 $440,000
2023 $8,478 $710,000 $330,000 $380,000
2022 $7,910 $834,000 $386,000 $448,000
2021 $7,544 $679,000 $320,000 $359,000
2020 $7,447 $588,000 $279,000 $309,000
2018 $6,445 $526,000 $248,000 $278,000
2017 $5,480 $512,000 $230,000 $282,000
2016 $5,246 $453,000 $223,000 $230,000
2015 $4,823 $417,000 $204,000 $213,000
2014 -- $362,000 $174,000 $188,000
2013 -- $315,000 $150,000 $165,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1601387

Northwest Multiple Listing Service (NWMLS)

APN: 042604-9050