NOT LISTED FOR SALE

20133 Forest Park Dr NE Seattle, WA 98155

Ballinger Neighborhood

Estimated Value: $1,049,000 - $1,222,484

10 Beds
6 Baths
4,100 Sq Ft
$275/Sq Ft Est. Value

Last Sold July 20, 2017

Last sale price $910,000 $222 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $7,201/month

20 Days on Market

Highlights

  • River Access
  • River View
  • Deck
  • Ridgecrest Elementary School Rated A-
  • Waterfront
  • Secluded Lot

About This Home

As of July 2017

2 huge homes for price of 1! Exquisitely remodeled owner's unit. Pride of ownership. Turn-key. Convenient peaceful setting on babbling brook. Enjoy luxury finishes and let tenants pay mortgage. Each unit has vaulted ceilings, 2 living areas, 2 decks, 2 car garages, big bedrooms and walk-in closets. Strong cashflow with 3rd kitchen on lower 2 bedroom level, rent upside. Do not disturb tenants on left side (20131). Buyer to cooperate with seller's 1031 exchange and verify all listing info.

Last Listed By

Stacie Whitfield

List4FlatFee.com, LLC License #13147 Listed on: 05/16/2017

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1125012

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,497

Year Built

  • Built in 1985

Lot Details

  • 8,240 Sq Ft Lot
  • Waterfront
  • Cul-De-Sac
  • Street terminates at a dead end
  • Partially Fenced Property
  • Secluded Lot
  • Property is in very good condition

Property Views

  • River
  • Territorial

Home Design

  • Duplex
  • Poured Concrete
  • Tile Roof
  • Wood Siding

Interior Spaces

  • 4,100 Sq Ft Home
  • 3-Story Property
  • Wall to Wall Carpet

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Outdoor Features

  • River Access
  • Deck

Schools

  • Ridgecrest Elementary School
  • Kellogg Mid Middle School
  • Shorecrest High School

Community Details

  • Shoreline Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3985300178

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,497

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1985
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4100
  • Special Features: None
  • Cumulative Days on Market: 286

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Tile
  • View: River, Territorial
  • Lot Features: Cul-De-Sac, Dead End Street, Paved, Secluded
  • View: Yes
  • Waterfront Features: River Access
  • Waterfront: Yes
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 2593

Schools

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

Lot Info

  • Parcel Number: 3985300178
  • Lot Size Acres: 0.1892
  • Lot Size Sq Ft: 8240
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially
  • MLSLotSizeSource: King County Assessor
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 5715

Multi Family

  • Gross Scheduled Income: 68581
  • Net Operating Income: 57227
  • Number Of Units Total: 2
  • Insurance Expense: 922
  • Leasable Area: 4100
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 7497

MLS Schools

  • Elementary School: Ridgecrest Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2017
Closed on
Jun 30, 2017
Sold by
Vandyck Michael and Van Dyck Amanda
Bought by
Tran Long M and Tran Megan C
Seller's Agent
Stacie Whitfield
List4FlatFee.com, LLC
List Price
$897,500
Sold Price
$910,000
Premium/Discount to List
$12,500
1.39%
Total Days on Market
20
Current Estimated Value
$1,129,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,161
Avg. Annual Appreciation
3.02%
Original Mortgage
$728,000
Interest Rate
3.89%

Purchase Details

Closed on
Mar 6, 2006
Sold by
Bhang Hazel H
Bought by
Vandyck Michael and Vandyck Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,200
Interest Rate
6.19%

Purchase Details

Closed on
Dec 1, 2001
Sold by
Kerber Charles F
Bought by
Barnett Michael J and Bhang Hazel H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,400
Interest Rate
7.87%

Purchase Details

Closed on
Aug 25, 1998
Sold by
Metcalf Enterprises
Bought by
Kerber Charles F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
7.37%

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
Tran Long M $910,000 First American Title Ins Co
Vandyck Michael $544,000 Ticor National
Barnett Michael J $369,900 Old Republic Title Ltd
Kerber Charles F $340,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tran Long M $697,000
Closed Tran Long M $728,000
Previous Owner Vandyck Michael $420,000
Previous Owner Vandyck Michael $435,200
Previous Owner Barnett Michael J $208,400
Previous Owner Kerber Charles F $272,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2017 07/20/17 Sold $910,000 +1.4% $222 / Sq Ft
06/06/2017 06/06/17 Pending -- -- --
05/16/2017 05/16/17 For Sale $897,500 -- $219 / 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 $10,575 $939,000 $326,000 $613,000
2023 $10,013 $819,000 $288,000 $531,000
2022 $9,748 $1,007,000 $333,000 $674,000
2021 $9,274 $820,000 $276,000 $544,000
2020 $9,836 $710,000 $240,000 $470,000
2018 $8,527 $687,000 $214,000 $473,000
2017 $7,498 $669,000 $198,000 $471,000
2016 $7,171 $614,000 $215,000 $399,000
2015 $6,470 $565,000 $197,000 $368,000
2014 -- $490,000 $168,000 $322,000
2013 -- $388,000 $145,000 $243,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1125012

Northwest Multiple Listing Service (NWMLS)

APN: 398530-0178