NOT LISTED FOR SALE

Estimated Value: $1,300,000 - $1,873,156

Studio
-- Bath
2,496 Sq Ft
$668/Sq Ft Est. Value

Last Sold July 17, 2015

Last sale price $975,000 $391 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $9,795/month

31 Days on Market

Highlights

  • City View
  • Deck
  • Patio
  • McGilvra Elementary School Rated A
  • Wood Flooring
  • 3-minute walk to Prentis I Frazier Park

About This Home

As of July 2015

Capitol Hill 4-plex offering tremendous value to real estate investors. The exterior is wood with energy efficient windows. Two units are 2-bedroom/1-bath units, one at 790 Sq Ft and the other at 680 Sq Ft. The other units are 1-bedroom/1-bath units averaging, one at 375 Sq Ft and the other at 315 Sq Ft. The property has off-street parking in the rear of building. Zoning is LR3. The building is conveniently located near the Arboretum, Madison Park, Seattle University, and downtown Seattle.

Last Agent to Sell the Property

Jon Bye

John L. Scott, Inc License #25593 Listed on: 05/07/2015

John L. Scott, Inc

Last Buyer's Agent

Jon Bye

John L. Scott, Inc License #25593 Listed on: 05/07/2015

John L. Scott, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 783628

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,780

Year Built

  • Built in 1903

Lot Details

  • 4,200 Sq Ft Lot
  • Gated Home
  • Value in Land

Property Views

  • City
  • Territorial

Home Design

  • Quadruplex
  • Concrete Foundation
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,496 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 3 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cable TV Available

Community Details

  • Capitol Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0955000045

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,780

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1903
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2496
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: City, Territorial
  • Lot Features: Sidewalk, Value In Land
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Concrete Ribbon
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 3

Utilities

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

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 0955000045
  • Lot Size Acres: 0.0964
  • Lot Size Sq Ft: 4200
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Gated Entry,Patio
  • MLSLotSizeSource: Tax Records
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 19
  • LeasedItems: None
  • TotalMonthlyIncome: 4395

Tax Info

  • Year: 2015
  • Tax Annual Amount: 6780

Multi Family

  • Number Of Units Total: 4
  • UnitsBelowGrade: true

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2022
Sold by
Giang and Joann
Bought by
E & J Group Llc
Current Estimated Value
$1,668,052

Purchase Details

Listed on
May 7, 2015
Closed on
Jul 14, 2015
Sold by
Maditoots Llc
Bought by
Giang Donald and Lee Joann
Seller's Agent
Jon Bye
John L. Scott, Inc
Buyer's Agent
Jon Bye
John L. Scott, Inc
List Price
$985,000
Sold Price
$975,000
Premium/Discount to List
-$10,000
-1.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.26%
Original Mortgage
$731,250
Interest Rate
3.85%

Purchase Details

Closed on
Oct 12, 2006
Sold by
Cheetham Jonathan D and Cheetham Jonathan Ryan
Bought by
Maditoots Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
1.75%

Purchase Details

Closed on
Sep 22, 2006
Sold by
Maditoots Llc
Bought by
Cheetham Jonathan D and Cheetham Jonathan Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
1.75%

Purchase Details

Closed on
Oct 10, 2005
Sold by
Cheetham Jon David and Cheetham Jonathan R
Bought by
Maditoots Llc

Purchase Details

Closed on
Jul 27, 2004
Sold by
Mccready James P and Mccready Ann Margret
Bought by
Cheetham Jon D and Cheetham Jonathan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
6.75%

Purchase Details

Closed on
Jul 26, 2004
Sold by
Cheetham Carrie G
Bought by
Cheetham Jonathan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
6.75%

Purchase Details

Closed on
Dec 12, 1994
Sold by
Graham Donnetta D and York Walter R
Bought by
Mccready James P and Mccready Ann Margret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
9.1%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
E & J Group Llc -- None Listed On Document
Giang Donald $974,000 Fidelity
Maditoots Llc -- Chicago Title
Cheetham Jonathan D -- Chicago Title
Maditoots Llc -- --
Cheetham Jon D $559,600 Fidelity Natio
Cheetham Jonathan R -- Fidelity Natio
Cheetham Jon D -- Fidelity Natio
Mccready James P $215,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Giang Donald $731,250
Previous Owner Cheetham Jonathan D $580,000
Previous Owner Cheetham Jon D $448,000
Previous Owner Mccready James P $150,000
Closed Cheetham Jon D $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2015 07/17/15 Sold $975,000 -1.0% $391 / Sq Ft
06/08/2015 06/08/15 Pending -- -- --
05/07/2015 05/07/15 For Sale $985,000 -- $395 / 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 $12,968 $1,345,000 $1,344,000 $1,000
2023 $10,604 $1,345,000 $1,344,000 $1,000
2022 $10,981 $1,242,000 $945,000 $297,000
2021 $13,131 $1,188,000 $945,000 $243,000
2020 $12,445 $1,361,000 $1,155,000 $206,000
2018 $10,134 $1,173,000 $756,000 $417,000
2017 $9,642 $1,021,000 $693,000 $328,000
2016 $7,851 $1,006,000 $462,000 $544,000
2015 -- $795,000 $462,000 $333,000
2014 -- $701,000 $462,000 $239,000
2013 -- $622,000 $462,000 $160,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 783628

Northwest Multiple Listing Service (NWMLS)

APN: 095500-0045