Investor alert! Well maintained duplex w/excellent rental history. Perfect location with easy access to freeways, shopping, restaurants & more. Both units have their own unique floor plan. Unit A features 3 beds, 1.5 baths & large living space. Unit B features 2 generous sized bedrooms w/Jack & Jill bath, office & open living space. Laminated flooring. W/D in each unit. Fenced yard. Secured parking w/2 car garage & plenty more parking for guests.
Lake & CompanyLicense #114035Listed on: 08/24/2022
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1986398
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$7,686
Year Built
Built in 1979
Lot Details
9,191 Sq Ft Lot
Street terminates at a dead end
Partially Fenced Property
Home Design
Duplex
Composition Roof
Wood Siding
Interior Spaces
2,570 Sq Ft Home
2-Story Property
Territorial Views
Flooring
Wall to Wall Carpet
Laminate
Vinyl
Parking
5 Parking Spaces
2 Covered Spaces
Open Parking
Outdoor Features
Deck
Patio
Community Details
No Home Owners Association
Shoreline Subdivision
Listing and Financial Details
Assessor Parcel Number 0426049051
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$7,686
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
Special Features: None
Cumulative Days on Market: 321
Interior Features
Fireplace: No
Flooring: Laminate, Vinyl, Carpet
Interior Amenities: Laminate Hardwood, Wall to Wall Carpet
Stories: 2
SquareFootageFinished: 0
SquareFootageUnfinished: 0
Exterior Features
Roof: Composition
View: Territorial
Lot Features: Dead End Street, Paved
View: Yes
Waterfront: No
Exterior Features: Wood
Structure Type: Duplex
Garage/Parking
Carport Spaces: 2
Carport Y N: No
Covered Parking Spaces: 2
Open Parking Spaces: 3
Open Parking: Yes
Total Parking Spaces: 5
ParkingUncoveredSpaces: 3
Utilities
Sewer: Sewer Connected
Water Source: Public
Security: FullyFenced
Heating Yn: Yes
Utilities: Sewer Connected, Electric
WaterSewerGarbage: 0
Condo/Co-op/Association
Senior Community: No
Association: No
Schools
Junior High Dist: Shoreline
High School: Buyer To Verify
Middle Or Junior School: Buyer To Verify
Lot Info
Parcel Number: 0426049051
Lot Size Acres: 0.211
Lot Size Sq Ft: 9191
Irrigation Water Rights: No
ResoLotSizeUnits: SquareFeet
ShowMapLink: true
SiteFeatures: Deck,Fenced-Partially,Patio
MLSLotSizeSource: KCR
Green Features
Power Production Type: Electric
Rental Info
Furnished: Unfurnished
GrossRentMultiplier: 17
LeasedItems: None
TotalMonthlyIncome: 4400
Multi Family
Gross Scheduled Income: 53400
Net Operating Income: 39946
Number Of Units Total: 2
Insurance Expense: 1200
Leasable Area: 2570
EnergySource: Electric
UnitsInBuildingTotal: 2
UnitsBelowGrade: false
VacancyRate: 2
Tax Info
Year: 2022
Tax Annual Amount: 7686
MLS Schools
Elementary School: Buyer To Verify
Ownership History
DateNameOwned ForOwner Type
Nov 2022 - PresentRudolph Alexander and Johnson Michael E2 Years and 6 Months
Private Individual
Purchase Details
Listed on
Aug 24, 2022
Closed on
Nov 10, 2022
Sold by
Shilon Reshef and Shilon Hila
Bought by
Rudolph Alexander and Johnson Michael E
Seller's Agent
Joseph Goldberg
Lake & Company
Buyer's Agent
Richard Fuhrman
eXp Realty
List Price
$925,000
Sold Price
$838,000
Premium/Discount to List
-$87,000
-9.41%
Total Days on Market
57
Current Estimated Value
$943,913
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,913
Avg. Annual Appreciation
4.88%
Original Mortgage
$670,400
Interest Rate
7.08%
Mortgage Type
New Conventional
Nov 2018 - Nov 2022Shilon Reshef and Shilon Hila4 Years
Private Individual
Purchase Details
Listed on
Sep 14, 2018
Closed on
Nov 9, 2018
Sold by
Han Lin and Contenti Alessandro
Bought by
Shilon Reshef and Shilon Hila
Seller's Agent
James Dainard
Heaton Dainard, LLC
Buyer's Agent
Joseph Goldberg
Lake & Company
List Price
$699,950
Sold Price
$660,000
Premium/Discount to List
-$39,950
-5.71%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.10%
Original Mortgage
$495,000
Interest Rate
4.7%
Mortgage Type
New Conventional
Dec 2015 - Nov 2018Han Lin and Contenti Alessandro2 Years and 11 Months
Private Individual
Purchase Details
Closed on
Dec 11, 2015
Sold by
Platinum Restorations 4 Llc
Bought by
Han Lin and Contenti Alessandro
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
3.93%
Mortgage Type
Credit Line Revolving
May 2014 - Dec 2015Platinum Restorations 4 Llc1 Year and 7 Months
Company
Purchase Details
Closed on
May 31, 2014
Sold by
Le Phong
Bought by
Platinum Restorations 4 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,265
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage
Apr 2014 - May 2014Le Phong1 Month
Private Individual
Purchase Details
Closed on
Apr 7, 2014
Sold by
Mescher Laura A
Bought by
Le Phong
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,265
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage
May 2007 - Apr 2014Mescher Laura A6 Years and 11 Months
Private Individual
Purchase Details
Closed on
May 28, 2007
Sold by
Dolack Richard J
Bought by
Mescher Laura A
Apr 1993 - May 2007Mescher Donald J14 Years and 1 Month
Private Individual
Purchase Details
Closed on
Apr 16, 1993
Sold by
Sergienko Gregory S
Bought by
Mescher Donald J
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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TOP UNIT VACANT! BRAND NEW ROOF Lower unit occupied by great tenant. DO NOT DISTURB! Duplex opportunity on a dead-end street and corner lot in desirable Shoreline. The discerning investor will especially appreciate the divided floor plan, which keeps tenants happy in the long term since there’s very little crossover of noise and living space. Each unit is light and bright with it’s own yard,
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 20007 25th Ave NE, Shoreline, WA 98155 since 24 August 2022 and is currently estimated at $943,913, approximately $367 per square foot. This property was built in 1979. 20007 25th Ave NE is a home located in King County with nearby schools including Lake Forest Park Elementary School, Kellogg Middle School, and Shorecrest High School.
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