Listed by Heaton Dainard, LLC, Bought with Lake & Company
$660,000
SOLD NOV 19, 2018
-- Bed
-- Bath
2,570 Sq Ft
9,191 Sq Ft Lot

Recently Sold

$257 Per Sq Ft

6% Below List Price

18 Days on Market

Highlights

  • Deck
  • Patio
  • Wood Siding
  • Lake Forest Park Elementary School Rated A-
  • Partially Fenced Property
  • Wall to Wall Carpet

About This Home

As of November 2022

Investor alert! Shoreline duplex - move in ready! Well maintained 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. New carpet, updated flooring in main, fresh paint & level yard. Secured parking w/2 car garage & plenty more parking for guests.

Last Agent to Sell the Property

James Dainard

Heaton Dainard, LLC License #108050

Heaton Dainard, LLC

Co-Listed By

Megan Halter

Heaton Dainard, LLC License #126269

Last Buyer's Agent

Joseph Goldberg

Lake & Company License #114035

Lake & Company

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1361717

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,270

Year Built

  • Built in 1979

Lot Details

  • 9,191 Sq Ft Lot
  • Street terminates at a dead end
  • Partially Fenced Property

Parking

  • 2 Covered Spaces

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding

Interior Spaces

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

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Outdoor Features

  • Deck
  • Patio

Community Details

  • Shoreline Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0426049051

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,270

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: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2570
  • Special Features: VirtualTour
  • Cumulative Days on Market: 284

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: No
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 2264

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: Realist
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 3870

Multi Family

  • Gross Scheduled Income: 44400
  • Net Operating Income: 35496
  • Number Of Units Total: 2
  • Insurance Expense: 610
  • Leasable Area: 2570
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2018
  • Tax Annual Amount: 6270

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

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
18
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
3.30%
Original Mortgage
$670,400
Interest Rate
7.08%
Mortgage Type
New Conventional

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

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

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

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

Purchase Details

Closed on
May 28, 2007
Sold by
Dolack Richard J
Bought by
Mescher Laura A

Purchase Details

Closed on
Apr 16, 1993
Sold by
Sergienko Gregory S
Bought by
Mescher Donald J

Map

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 Type Sale Price Title Company
Warranty Deed $838,000 Old Republic Title
Warranty Deed $660,000 Fidelity National Title
Interfamily Deed Transfer -- Accommodation
Warranty Deed $265,000 Stewart Title
Warranty Deed $185,000 Stewart Title
Quit Claim Deed -- None Available
Warranty Deed $190,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $700,141 FHA
Closed $670,400 New Conventional
Previous Owner $495,000 New Conventional
Previous Owner $495,000 New Conventional
Previous Owner $325,500 New Conventional
Previous Owner $250,000 Credit Line Revolving
Previous Owner $179,265 Purchase Money Mortgage
Previous Owner $122,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2022 11/28/22 Sold $838,000 -0.8% $326 / Sq Ft
10/20/2022 10/20/22 Pending -- -- --
10/10/2022 10/10/22 Price Changed $845,000 -2.8% $329 / Sq Ft
09/29/2022 09/29/22 Price Changed $869,000 -3.4% $338 / Sq Ft
09/08/2022 09/08/22 Price Changed $899,950 -2.7% $350 / Sq Ft
08/24/2022 08/24/22 For Sale $925,000 +40.2% $360 / Sq Ft
11/19/2018 11/19/18 Sold $660,000 -5.7% $257 / Sq Ft
10/02/2018 10/02/18 Pending -- -- --
09/14/2018 09/14/18 For Sale $699,950 -- $272 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $8,581 $774,000 $337,000 $437,000
2023 $8,483 $675,000 $297,000 $378,000
2022 $7,686 $808,000 $346,000 $462,000
2021 $7,332 $658,000 $287,000 $371,000
2020 $7,236 $570,000 $250,000 $320,000
2018 $6,270 $510,000 $223,000 $287,000
2017 $5,469 $497,000 $207,000 $290,000
2016 $5,235 $452,000 $223,000 $229,000
2015 $4,811 $416,000 $204,000 $212,000
2014 -- $361,000 $174,000 $187,000
2013 -- $314,000 $150,000 $164,000
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1361717

Northwest Multiple Listing Service (NWMLS)

APN: 042604-9051