Listed by Seattle Works Real Estate, Bought with SCOUT
NOT LISTED FOR SALE

Estimated Value: $1,066,000 - $1,168,000

7 Beds
4 Baths
2,954 Sq Ft
$378/Sq Ft Est. Value

Last Sold July 01, 2020

Last sale price $875,000 $296 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $6,783/month

25 Days on Market

Highlights

  • Deck
  • Thermal Windows
  • Wall to Wall Carpet
  • Corner Lot
  • Patio

About This Home

As of July 2020

Incredible investment opportunity to own this well-maintained and well-run 4-plex located on a corner lot in White Center! Three 2 bed/1 bath and one 1 bed/1 bath with excellent long-term tenants! Amenities include newer carpet/laminate floors, new H20 tanks, decks, coin-op laundry, storage room and off street parking. Just steps away from restaurants, shopping, parks and public transportation! Walk Score of 91!

Last Agent to Sell the Property

Kristine Elliott

Seattle Works Real Estate License #111210 Listed on: 05/05/2020

Last Buyer's Agent

Sue Morrow

SCOUT License #89170

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1592945

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,815

Year Built

  • Built in 1979

Lot Details

  • 8,507 Sq Ft Lot
  • Corner Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 2,954 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 5 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Shorewood Elementary School
  • Cascade Mid Middle School
  • Evergreen High School

Utilities

  • Cable TV Available

Community Details

  • Haines Heights Condos
  • White Center Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3004800265

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,815

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1979
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Haines Heights
  • New Construction: No
  • CalculatedSquareFootage: 2954
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Cement/Concrete
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: Seattle City Light
  • SewerCompany: SW Sewer
  • WaterCompany: Seattle Public Utilities
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Highline
  • High School: Evergreen High
  • Middle Or Junior School: Cascade Mid

Lot Info

  • Parcel Number: 3004800265
  • Lot Size Acres: 0.1953
  • Lot Size Sq Ft: 8507
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Patio
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family,Residential

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 4300

Tax Info

  • Year: 2020
  • Tax Annual Amount: 8815

Multi Family

  • Number Of Units Total: 4
  • Insurance Expense: 2000
  • Leasable Area: 2954
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

MLS Schools

  • Elementary School: Shorewood Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2020
Closed on
Jun 25, 2020
Sold by
Montgomery Ginny and Patterson John
Bought by
Thapa Shanti and Lakhani Faraz
Seller's Agent
Kristine Elliott
Seattle Works Real Estate
Buyer's Agent
Sue Morrow
SCOUT
List Price
$935,000
Sold Price
$875,000
Premium/Discount to List
-$60,000
-6.42%
Current Estimated Value
$1,115,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,962
Avg. Annual Appreciation
4.73%
Original Mortgage
$656,250
Outstanding Balance
$582,999
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$532,963

Purchase Details

Closed on
May 20, 2005
Sold by
Dickert Cynthia
Bought by
Patterson John and Montgomery Patterson Ginny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,400
Interest Rate
3%

Purchase Details

Closed on
May 6, 2005
Sold by
Freeman Nicolitsa
Bought by
Dickert Cindy and Freeman Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,400
Interest Rate
3%

Purchase Details

Closed on
May 6, 1992
Sold by
Freeman Nicky A
Bought by
Freeman Donald W

Purchase Details

Closed on
Feb 12, 1992
Sold by
Frereman Leona Jane
Bought by
Freeman Donald William
Source: Public Records

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
Thapa Shanti $875,000 First American
Patterson John $418,000 Chicago Title
Dickert Cindy -- --
Freeman Donald W -- --
Freeman Donald William -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thapa Shanti $656,250
Previous Owner Patterson John $334,400
Previous Owner Dickert Cindy $77,000
Closed Patterson John $41,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2020 07/01/20 Sold $875,000 -2.8% $296 / Sq Ft
05/30/2020 05/30/20 Pending -- -- --
05/28/2020 05/28/20 Price Changed $899,999 -3.7% $305 / Sq Ft
05/05/2020 05/05/20 For Sale $935,000 -- $317 / 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 $10,394 $876,000 $212,600 $663,400
2023 $9,832 $852,000 $212,600 $639,400
2022 $9,833 $830,000 $187,100 $642,900
2021 $9,871 $733,000 $170,100 $562,900
2020 $8,815 $695,000 $170,100 $524,900
2018 $6,941 $501,000 $127,600 $373,400
2017 $6,740 $437,000 $127,600 $309,400
2016 $5,477 $432,000 $127,600 $304,400
2015 -- $360,000 $127,600 $232,400
2014 -- $319,000 $127,600 $191,400
2013 -- $319,000 $127,600 $191,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1592945

Northwest Multiple Listing Service (NWMLS)

APN: 300480-0265