Listed by Pellego, Inc., Bought with Windermere Real Estate/East
$425,000
SOLD DEC 1, 2016
-- Bed
-- Bath
2,740 Sq Ft
7,540 Sq Ft Lot

Recently Sold

$155 Per Sq Ft

4% Below List Price

15 Days on Market

Highlights

  • Open Space
  • Partially Fenced Property
  • Vinyl Flooring

About This Home

As of November 2023

This 4-plex is absolutely perfect for the investor looking to live in one unit and rent the remaining units, or collect monthly cash flow as a buy and hold. The building consists of two 1 bedroom 1 bathroom units, and two 2 bedroom 2 bathroom units. The exterior was updated in 2013 along with the roof, and the interior units were given a face lift June of 2015. It has an on-site washer/dryer room, and additional storage available for tenants to rent for an additional monthly fee.

Last Agent to Sell the Property

Ahnwar Allen

Pellego, Inc. License #25019681 Listed on: 09/27/2016

Last Buyer's Agent

Kris Conover

Windermere Real Estate/East License #49488

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1035225

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,160

Year Built

  • Built in 1967

Lot Details

  • 7,540 Sq Ft Lot
  • Open Space
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Bitumen Roof
  • Vinyl Construction Material
  • Wood Composite

Interior Spaces

  • 2,740 Sq Ft Home
  • 2-Story Property

Flooring

  • Laminate
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Utilities

  • Cable TV Available

Community Details

  • Highline Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7827200030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,160

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1967
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2740
  • SOCComments: FULL 3%
  • Special Features: None
  • Cumulative Days on Market: 336

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl
  • Interior Amenities: Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks,Storage

Exterior Features

  • Roof: Torch Down
  • Lot Features: Open Space, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: Puget Sound
  • SewerCompany: Midway Sewer
  • WaterCompany: Highline
  • WaterSewerGarbage: 3000

Schools

  • Junior High Dist: Highline

Lot Info

  • Parcel Number: 7827200030
  • Lot Size Acres: 0.1731
  • Lot Size Sq Ft: 7540
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 9
  • LeasedItems: None
  • TotalMonthlyIncome: 3295

Multi Family

  • Gross Scheduled Income: 39540
  • Net Operating Income: 25458
  • Number Of Units Total: 4
  • Leasable Area: 2740
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 10

Tax Info

  • Year: 2016
  • Tax Annual Amount: 1160

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2023
Closed on
Nov 16, 2023
Sold by
Gregg Logan and Gregg Angela
Bought by
Masese Linnet and Wamai Harrison
Seller's Agent
Count Gregg
AgencyOne
Buyer's Agent
Danielle Matia
Keller Williams Eastside
List Price
$965,000
Sold Price
$871,500
Premium/Discount to List
-$93,500
-9.69%
Views
159
Current Estimated Value
$905,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,551
Avg. Annual Appreciation
2.22%
Original Mortgage
$566,248
Outstanding Balance
$558,922
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$344,773

Purchase Details

Listed on
Mar 5, 2020
Closed on
Apr 8, 2020
Sold by
Conover Kris
Bought by
Pratt Angela and Gregg Logan
Seller's Agent
Kris Conover
Windermere Real Estate/East
Buyer's Agent
Count Gregg
AgencyOne
List Price
$718,500
Sold Price
$702,500
Premium/Discount to List
-$16,000
-2.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.17%
Original Mortgage
$513,750
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 27, 2016
Closed on
Nov 26, 2016
Sold by
Badil Samantha
Bought by
Conover Kris
Seller's Agent
Ahnwar Allen
Pellego, Inc.
Buyer's Agent
Kris Conover
Windermere Real Estate/East
List Price
$445,000
Sold Price
$425,000
Premium/Discount to List
-$20,000
-4.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.93%
Original Mortgage
$407,483
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 7, 2014
Closed on
Mar 11, 2014
Sold by
Veeramachaneni Kiranmai
Bought by
Badil Samantha
Seller's Agent
Raghu Kethineni
WeLakeside
Buyer's Agent
Ahnwar Allen
Pellego, Inc.
List Price
$314,100
Sold Price
$304,000
Premium/Discount to List
-$10,100
-3.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.11%
Original Mortgage
$298,493
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 27, 2011
Sold by
Kethineni Raghu
Bought by
Veeramachaneni Kiranmai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
4.71%

Purchase Details

Closed on
Apr 22, 2011
Sold by
Deutsche Bank National Trust Company
Bought by
Verramachaneni Kiranmai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
4.71%

Purchase Details

Closed on
Jan 3, 2011
Sold by
Ikilikyan Haikanush
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
May 28, 2007
Sold by
Ikilikyan Alexis and Ikilikyan Haikanush
Bought by
21914 29Th Rental Property Llc

Purchase Details

Closed on
Aug 13, 2004
Sold by
Poff William S
Bought by
Ikilikyan Hakanush

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,825
Interest Rate
5.77%

Purchase Details

Closed on
Nov 20, 1992
Sold by
Fu Sheng and Fu Kay
Bought by
Koch Milton J and Koch Gwendolyn K
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 Type Sale Price Title Company
Warranty Deed $871,150 Chicago Title
Warranty Deed $702,500 Rainier Title Llc
Warranty Deed $420,000 Old Republic T
Warranty Deed $304,000 Fidelity Natio
Warranty Deed -- Stewart Title
Warranty Deed $210,000 Stewart Title
Warranty Deed $252,000 None Available
Warranty Deed -- None Available
Warranty Deed -- Stewart Title
Warranty Deed -- Stewart Title
Warranty Deed $319,500 Stewart Title
Warranty Deed $153,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $566,248 New Conventional
Previous Owner $513,750 New Conventional
Previous Owner $407,483 FHA
Previous Owner $298,493 FHA
Previous Owner $206,250 No Value Available
Previous Owner $55,000 No Value Available
Previous Owner $175,304 No Value Available
Previous Owner $175,304 No Value Available
Previous Owner $111,825 No Value Available
Previous Owner $223,650 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2023 11/30/23 Sold $871,500 -2.6% $335 / Sq Ft
10/15/2023 10/15/23 Pending -- -- --
09/26/2023 09/26/23 Price Changed $895,000 -2.7% $344 / Sq Ft
08/09/2023 08/09/23 Price Changed $920,000 -4.7% $354 / Sq Ft
06/23/2023 06/23/23 For Sale $965,000 +37.4% $371 / Sq Ft
04/24/2020 04/24/20 Sold $702,500 -2.2% $270 / Sq Ft
03/06/2020 03/06/20 Pending -- -- --
03/05/2020 03/05/20 For Sale $718,500 +69.1% $276 / Sq Ft
12/01/2016 12/01/16 Sold $425,000 -4.5% $155 / Sq Ft
10/13/2016 10/13/16 Pending -- -- --
10/11/2016 10/11/16 For Sale $445,000 0.0% $162 / Sq Ft
09/30/2016 09/30/16 Pending -- -- --
09/27/2016 09/27/16 For Sale $445,000 +46.4% $162 / Sq Ft
03/13/2014 03/13/14 Sold $304,000 -3.2% $111 / Sq Ft
02/10/2014 02/10/14 Pending -- -- --
01/07/2014 01/07/14 For Sale $314,100 -- $115 / 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 $8,199 $696,000 $200,000 $496,000
2023 $7,799 $751,000 $160,000 $591,000
2022 $8,504 $683,000 $160,000 $523,000
2021 $8,198 $659,000 $120,000 $539,000
2020 $6,739 $602,000 $120,000 $482,000
2018 $5,070 $402,000 $85,000 $317,000
2017 $4,517 $336,000 $75,400 $260,600
2016 $4,629 $301,000 $75,400 $225,600
2015 $3,962 $316,000 $52,700 $263,300
2014 -- $266,000 $52,700 $213,300
2013 -- $272,000 $52,700 $219,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1035225

Northwest Multiple Listing Service (NWMLS)

APN: 782720-0030