NOT LISTED FOR SALE

Estimated Value: $975,000 - $1,012,000

4 Beds
3 Baths
2,590 Sq Ft
$384/Sq Ft Est. Value

Last Sold January 21, 2022

Last sale price $970,000 $375 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $6,317/month

37 Days on Market

Highlights

  • Deck
  • Thermal Windows
  • Vinyl Plank Flooring
  • Ridgecrest Elementary School Rated A-
  • Patio
  • Property is in very good condition

About This Home

As of January 2022

Remodeled and turn key Shoreline triplex just blocks to the upcoming light rail station. Updates include new roof, gutters and exterior paint, newer windows, plumbing, crawlspace insulation and vapor barrier and all units have been recently updated. Unit 1-ground floor 2 bedroom with patio; unit 2- ground floor one bedroom with huge covered patio; and unit 3- top floor one bedroom plus den with walk in pantry and huge deck. Common area laundry with newer washer and dryer plus a large storage shed and 3-4 parking spaces. Great location near shopping, restaurants and freeway.

Last Listed By

Leslie Reed

Windermere Real Estate Co. License #11217 Listed on: 11/03/2021

Windermere Real Estate Co.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1858505

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,257

Year Built

  • Built in 1970

Lot Details

  • 6,930 Sq Ft Lot
  • Street terminates at a dead end
  • Partially Fenced Property
  • Property is in very good condition

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,590 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Schools

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

Utilities

  • Cable TV Available

Community Details

  • Lago Vista Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3971700100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,257

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1970
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2590
  • EffectiveYearBuiltSource: See Remarks
  • Special Features: None
  • Cumulative Days on Market: 302

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Vinyl Plank, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Triplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: Seattle City Light
  • WaterCompany: North City Water
  • WaterSewerGarbage: 1992

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Parcel Number: 3971700100
  • Lot Size Acres: 0.1591
  • Lot Size Sq Ft: 6930
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Outbuildings,Patio
  • MLSLotSizeSource: County records
  • ZoningClass: Multi-Family,Residential

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 17
  • LeasedItems: None
  • TotalMonthlyIncome: 5230

Multi Family

  • Gross Scheduled Income: 62700
  • Net Operating Income: 47153
  • Number Of Units Total: 3
  • Electric Expense: 1596
  • Insurance Expense: 1567
  • Leasable Area: 2590
  • EnergySource: Electric
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2021
  • Tax Annual Amount: 7257

MLS Schools

  • Elementary School: Ridgecrest Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2021
Closed on
Jan 19, 2022
Sold by
Wadekamper Bradley R and Wadekamper Demise A
Bought by
Degodoi Vagner Ferreira and Godoi Daiany Bueno
Seller's Agent
Leslie Reed
Windermere Real Estate Co.
Buyer's Agent
Fatima Bof
Windermere R.E. Northeast, Inc
List Price
$1,050,000
Sold Price
$970,000
Premium/Discount to List
-$80,000
-7.62%
Total Days on Market
37
Current Estimated Value
$993,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,413
Avg. Annual Appreciation
0.65%
Original Mortgage
$727,500
Outstanding Balance
$679,993
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$311,287

Purchase Details

Closed on
Oct 24, 2018
Sold by
Effenberger David W
Bought by
Wadekamper Bradley R and Wadekamper Dernise A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 1992
Sold by
Slocum Lester T
Bought by
Effenberger David W and Effenberger Kathi A

Range of Values:

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Average Value
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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
Degodoi Vagner Ferreira $970,000 Commonwealth Land Title
Wadekamper Bradley R $640,000 Rainier Title
Effenberger David W $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Degodoi Vagner Ferreira $727,500
Previous Owner Wadekamper Bradley R $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2022 01/21/22 Sold $970,000 -7.6% $375 / Sq Ft
12/10/2021 12/10/21 Pending -- -- --
11/03/2021 11/03/21 For Sale $1,050,000 -- $405 / 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 $9,066 $825,000 $334,000 $491,000
2023 $8,462 $719,000 $295,000 $424,000
2022 $7,664 $809,000 $319,000 $490,000
2021 $7,314 $659,000 $264,000 $395,000
2020 $7,219 $571,000 $230,000 $341,000
2018 $1,246 $511,000 $205,000 $306,000
2017 $5,674 $498,000 $190,000 $308,000
2016 $5,427 $455,000 $208,000 $247,000
2015 $4,836 $419,000 $190,000 $229,000
2014 -- $363,000 $162,000 $201,000
2013 -- $316,000 $140,000 $176,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1858505

Northwest Multiple Listing Service (NWMLS)

APN: 397170-0100