Listed by Oasis Properties, Bought with Keller Williams Rlty Bellevue
NOT LISTED FOR SALE

Estimated Value: $965,631 - $1,081,000

8 Beds
4 Baths
5,040 Sq Ft
$208/Sq Ft Est. Value

Last Sold July 15, 2024

Last sale price $1,060,000 $210 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $6,571/month

2 Days on Market

About This Home

As of July 2024

Very convenience location min to I5 , Hwy 99 and Sea-Tac airport. Large 2 beds and 1.5 bath. Townhome style 4-plex with 2 packing spot each unit. W/D in every unit. Low vacancies rate. Roof was replaced on 2021.

Last Agent to Sell the Property

Kevin Wong

Oasis Properties License #48757 Listed on: 05/31/2024

Last Buyer's Agent

Qi Wang

Keller Williams Rlty Bellevue License #132474

Keller Williams Rlty Bellevue

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2245438

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,205

Year Built

  • Built in 1977

Lot Details

  • 0.26 Acre Lot
  • Property is in average condition

Home Design

  • Quadruplex
  • Concrete Foundation
  • Bitumen Roof
  • Stucco

Interior Spaces

  • 5,040 Sq Ft Home
  • 2-Story Property

Parking

  • 8 Parking Spaces
  • Open Parking

Utilities

  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Des Moines Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2724200915

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,205

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1977
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 5040
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 370

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Torch Down
  • View: No
  • Waterfront: No
  • Exterior Features: Stucco
  • Foundation Details: Concrete Ribbon
  • Property Condition: Average
  • Structure Type: Quadruplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • WaterSewerGarbage: 7200

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Highline
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 2724200915
  • Lot Size Acres: 0.2617
  • Lot Size Sq Ft: 11400
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 14.3
  • LeasedItems: None
  • TotalMonthlyIncome: 6300

Multi Family

  • Gross Scheduled Income: 75600
  • Net Operating Income: 53295
  • Number Of Units Total: 4
  • Insurance Expense: 3800
  • Leasable Area: 5040
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2024
  • Tax Annual Amount: 12205

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2024
Closed on
Jul 11, 2024
Sold by
Yang Jianhua
Bought by
Ali Fisseha and Wselassie Tigist
Seller's Agent
Kevin Wong
Oasis Properties
Buyer's Agent
Qi Wang
Keller Williams Rlty Bellevue
List Price
$1,080,000
Sold Price
$1,060,000
Premium/Discount to List
-$20,000
-1.85%
Views
2
Current Estimated Value
$1,048,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,092
Avg. Annual Appreciation
-1.20%
Original Mortgage
$795,000
Outstanding Balance
$789,031
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$256,378

Purchase Details

Listed on
Jul 5, 2016
Closed on
Sep 15, 2016
Sold by
Hoang Sang and Le Tin T
Bought by
Yang Jianhua
Seller's Agent
Dinh Huynh
Dove Realty, Inc.
Buyer's Agent
Dinh Huynh
Dove Realty, Inc.
List Price
$549,950
Sold Price
$520,000
Premium/Discount to List
-$29,950
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.53%

Purchase Details

Listed on
Jul 5, 2016
Closed on
Aug 26, 2016
Sold by
Qin Zhongli
Bought by
Yang Jianhua
Seller's Agent
Dinh Huynh
Dove Realty, Inc.
Buyer's Agent
Dinh Huynh
Dove Realty, Inc.
List Price
$549,950
Sold Price
$520,000
Premium/Discount to List
-$29,950
-5.45%

Purchase Details

Listed on
Jul 29, 2011
Closed on
Jun 28, 2012
Sold by
Morris James H
Bought by
Hoang Sang and Le Tin T
Seller's Agent
LisaJo Chard
RE/MAX All City
Buyer's Agent
Dinh Huynh
Dove Realty, Inc.
List Price
$299,999
Sold Price
$280,000
Premium/Discount to List
-$19,999
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.80%
Original Mortgage
$182,000
Interest Rate
3.74%

Purchase Details

Closed on
Mar 31, 2006
Sold by
Morris Kazumi
Bought by
Morris James H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,200
Interest Rate
3%

Purchase Details

Closed on
Jan 14, 1999
Sold by
Deleon Luis E and Deleon Cleone D
Bought by
Neely Garnet W and Barroll Margaret K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.63%
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
Ali Fisseha $1,060,000 Ticor Title
Yang Jianhua $508,000 Wfg National T
Yang Jianhua -- Wfg National T
Hoang Sang $280,000 Chicago Title
Morris James H -- Fidelity Natio
Morris James H $439,000 Fidelity Natio
Neely Garnet W $239,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ali Fisseha $795,000
Previous Owner Hoang Sang $182,000
Previous Owner Morris James H $351,200
Previous Owner Morris James H $43,900
Previous Owner Neely Garnet W $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2024 07/15/24 Sold $1,060,000 -1.9% $210 / Sq Ft
06/02/2024 06/02/24 Pending -- -- --
05/31/2024 05/31/24 For Sale $1,080,000 +107.7% $214 / Sq Ft
09/19/2016 09/19/16 Sold $520,000 -5.4% $103 / Sq Ft
08/05/2016 08/05/16 Pending -- -- --
07/22/2016 07/22/16 For Sale $549,950 0.0% $109 / Sq Ft
07/13/2016 07/13/16 Pending -- -- --
07/09/2016 07/09/16 For Sale $549,950 0.0% $109 / Sq Ft
07/07/2016 07/07/16 Pending -- -- --
07/06/2016 07/06/16 For Sale $549,950 +96.4% $109 / Sq Ft
07/02/2012 07/02/12 Sold $280,000 -6.7% $56 / Sq Ft
08/12/2011 08/12/11 Pending -- -- --
08/01/2011 08/01/11 For Sale $299,999 -- $60 / 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 $10,802 $922,000 $280,000 $642,000
2023 $12,205 $1,013,000 $200,000 $813,000
2022 $11,081 $1,012,000 $200,000 $812,000
2021 $10,562 $872,000 $180,000 $692,000
2020 $9,699 $787,000 $180,000 $607,000
2018 $8,981 $676,000 $159,600 $516,400
2017 $7,481 $615,000 $136,800 $478,200
2016 $6,962 $515,000 $91,200 $423,800
2015 -- $488,000 $79,800 $408,200
2014 -- $465,000 $79,800 $385,200
2013 -- $426,000 $79,800 $346,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2245438

Northwest Multiple Listing Service (NWMLS)

APN: 272420-0915