NOT LISTED FOR SALE

Estimated Value: $904,000 - $1,081,000

4 Beds
2 Baths
1,500 Sq Ft
$656/Sq Ft Est. Value

Last Sold October 31, 2016

Last sale price $502,500 $335 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $6,130/month

13 Days on Market

Highlights

  • RV Access or Parking
  • City View
  • Patio
  • Issaquah Valley Elementary School Rated A
  • Thermal Windows
  • High Speed Internet

About This Home

As of October 2016

RARE OPPORTUNITY. Own this turn-key Duplex in DT Issaquah. Great Investment Property. Units are in excellent condition. Unit# 2 is freshly painted interior and vacant. New Roof. Well Maintained. Walking Distance to Downtown. Great Parking (5-6 spaces) RV Parking on #2 This is a must see property! Do Not Disturb Unit 1, 24 hr notification to see Unit 1 and must be accompanied by Listing Agent.

Jim Cameron

Windermere Real Estate/East License #7273 Listed on: 09/22/2016

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1032400

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,544

Year Built

  • Built in 1961

Lot Details

  • 9,814 Sq Ft Lot
  • Street terminates at a dead end
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • City Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 5 Parking Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Patio

Schools

  • Liberty Snr High School

Utilities

  • Propane
  • High Speed Internet
  • Cable TV Available

Community Details

  • 95 01 Condos
  • Issaquah Subdivision

Listing and Financial Details

  • Tax Lot Lot 1
  • Assessor Parcel Number 2824069360

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,544

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1961
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: 95-01
  • New Construction: No
  • CalculatedSquareFootage: 1500
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 288

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • View: City
  • Lot Features: Dead End Street
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Issaquah
  • WaterCompany: City of Issaquah
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Issaquah
  • High School: Liberty Snr High
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 2824069360
  • Lot Size Acres: 0.2253
  • Lot Size Sq Ft: 9814
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Gas Available,High Speed Internet,Patio,Propane,RV Parking
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential
  • LotNumber: Lot 1

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

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

Multi Family

  • Gross Scheduled Income: 14000
  • Number Of Units Total: 6
  • Insurance Expense: 300
  • Leasable Area: 1500
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2016
  • Tax Annual Amount: 3544

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2016
Closed on
Oct 24, 2016
Sold by
Schmulz David L and Craig Jason Eugene
Bought by
Arguedo Carlos and Arguello Devin
Buyer's Agent
Jim Cameron
Windermere Real Estate/East
List Price
$509,950
Sold Price
$502,500
Premium/Discount to List
-$7,450
-1.46%
Total Days on Market
13
Current Estimated Value
$984,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$481,552
Avg. Annual Appreciation
7.98%
Original Mortgage
$376,875
Outstanding Balance
$310,490
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$661,654

Purchase Details

Closed on
Mar 18, 2008
Sold by
Bthp Investments Llc
Bought by
Schmutz David L and Craig Jason E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
5.99%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 18, 2006
Sold by
Schmutz David L and Craig Jason E
Bought by
Bthp Investments Llc

Purchase Details

Closed on
Jan 5, 2006
Sold by
Craig Regina
Bought by
Craig Jason E

Purchase Details

Closed on
Jan 5, 2005
Sold by
Bartlett Eileen and Calvillo Robert
Bought by
Schmutz David L and Craig Jason E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 15, 2004
Sold by
Woelfl Eric R and Woelfl Janice M
Bought by
Calvillo Robert and Bartlett Eileen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 9, 2001
Sold by
T F Associates
Bought by
Woelfl Eric R and Woelfl Janice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,800
Interest Rate
7.26%
Source: Public Records

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
Arguedo Carlos $502,500 Old Republic
Schmutz David L -- None Available
Bthp Investments Llc -- None Available
Craig Jason E -- Old Republic T
Schmutz David L -- Old Republic T
Schmutz David L $365,000 Old Republic T
Calvillo Robert $285,000 Lawyers Title
Woelfl Eric R $208,300 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arguedo Carlos $376,875
Previous Owner Schmutz David L $28,000
Previous Owner Schmutz David L $292,000
Previous Owner Calvillo Robert $228,000
Previous Owner Woelfl Eric R $166,800
Closed Woelfl Eric R $20,800
Closed Calvillo Robert $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2016 10/31/16 Sold $502,500 -1.5% $335 / Sq Ft
10/06/2016 10/06/16 Pending -- -- --
09/22/2016 09/22/16 For Sale $509,950 -- $340 / 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 $7,271 $881,000 $617,000 $264,000
2023 $7,016 $751,000 $528,000 $223,000
2022 $5,970 $923,000 $651,000 $272,000
2021 $5,497 $644,000 $643,000 $1,000
2020 $5,539 $551,000 $550,000 $1,000
2018 $5,106 $566,000 $565,000 $1,000
2017 $4,560 $495,000 $494,000 $1,000
2016 $3,544 $459,000 $458,000 $1,000
2015 $3,274 $350,000 $228,000 $122,000
2014 -- $318,000 $207,000 $111,000
2013 -- $276,000 $189,000 $87,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1032400

Northwest Multiple Listing Service (NWMLS)

APN: 282406-9360