Listed by Windermere Bellevue Commons, Bought with Ewing & Clark, Inc.
NOT LISTED FOR SALE

Estimated Value: $1,482,000 - $1,889,058

4 Beds
2 Baths
3,340 Sq Ft
$505/Sq Ft Est. Value

Last Sold August 29, 2016

Last sale price $1,130,000 $338 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $10,114/month

54 Days on Market

Highlights

  • Wood Siding
  • Mcclure Middle School Rated A-
  • 1-Story Property

About This Home

As of August 2016

Fabulous 4-plex in Magnolia. Remodelled and upgraded systems in 1983. Super location close to shopping, services, restaurants and all Magnolia has to offer. Close in location with 3 parking spaces. Easy access to downtown. Meticulously kept building with good income. Hurry! This one won't last long!

Last Agent to Sell the Property

Kari Haas

Windermere Bellevue Commons License #26442 Listed on: 03/24/2016

Windermere Bellevue Commons

Co-Listed By

Robert Wright

Capstone Commercial License #1984

Last Buyer's Agent

Jane Powers

Ewing & Clark, Inc. License #9948

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 914393

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,877

Year Built

  • Built in 1954

Lot Details

  • 5,250 Sq Ft Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 3,340 Sq Ft Home
  • 1-Story Property

Parking

  • 3 Parking Spaces
  • Open Parking

Community Details

  • Magnolia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2771603590

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,877

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1954
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3340
  • Special Features: None
  • Cumulative Days on Market: 376

Interior Features

  • Fireplace: No
  • Interior Amenities: Forced Air
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 2771603590
  • Lot Size Acres: 0.1205
  • Lot Size Sq Ft: 5250
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: KCR

Green Features

  • Power Production Type: Electric

Rental Info

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

Tax Info

  • Year: 2015
  • Tax Annual Amount: 6877

Multi Family

  • Number Of Units Total: 4
  • Leasable Area: 3340
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: true
  • VacancyRate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2016
Closed on
Aug 25, 2016
Sold by
Clarenburg Nathan
Bought by
Rebich Courtney and Murray Geoffrey M
Seller's Agent
Kari Haas
Windermere Bellevue Commons
Buyer's Agent
Jane Powers
Ewing & Clark, Inc.
List Price
$1,120,000
Sold Price
$1,130,000
Premium/Discount to List
$10,000
0.89%
Current Estimated Value
$1,685,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$555,529
Avg. Annual Appreciation
5.21%
Original Mortgage
$847,500
Outstanding Balance
$678,567
Interest Rate
3.42%
Estimated Equity
$1,104,889

Purchase Details

Listed on
Mar 24, 2016
Closed on
Aug 22, 2016
Sold by
Kaufman Leah and Clarenburg Nathan
Bought by
Clarenburg Nathan
Seller's Agent
Kari Haas
Windermere Bellevue Commons
Buyer's Agent
Jane Powers
Ewing & Clark, Inc.
List Price
$1,120,000
Sold Price
$1,130,000
Premium/Discount to List
$10,000
0.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$847,500
Outstanding Balance
$678,567
Interest Rate
3.42%
Estimated Equity
$1,104,889

Purchase Details

Closed on
Aug 1, 2007
Sold by
Gibbons Frances J
Bought by
Clarenburg Nathan and Kaufman Leah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$582,400
Interest Rate
1.75%

Purchase Details

Closed on
May 5, 1998
Sold by
Adatto Richard S and Reynolds Sallie C
Bought by
Gibbons Frances J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
7.05%

Purchase Details

Closed on
Jun 25, 1992
Sold by
Dyer Susan M Ttee
Bought by
Reynolds Sallie C

Purchase Details

Closed on
Jun 23, 1992
Sold by
Reynolds Sallie C
Bought by
Adatto Richard S and Adatto Reynolds

Purchase Details

Closed on
Feb 25, 1992
Sold by
Dyer Thomas R
Bought by
Dyer Susan M-Trustee
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
Rebich Courtney $1,130,000 Cw Title Co
Clarenburg Nathan -- Accommodation
Clarenburg Nathan $832,000 Chicago Title
Gibbons Frances J $320,000 Chicago Title Insurance Co
Reynolds Sallie C $123,100 --
Adatto Richard S -- --
Dyer Susan M-Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murray Geoffrey M $150,000
Open Rebich Courtney $847,500
Previous Owner Clarenburg Nathan $582,400
Previous Owner Gibbons Frances J $256,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2016 08/29/16 Sold $1,130,000 +0.9% $338 / Sq Ft
05/18/2016 05/18/16 Pending -- -- --
03/24/2016 03/24/16 For Sale $1,120,000 -- $335 / 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 $11,159 $1,107,000 $866,200 $240,800
2023 $10,955 $1,284,000 $866,200 $417,800
2022 $10,848 $1,245,000 $787,500 $457,500
2021 $12,312 $1,138,000 $787,500 $350,500
2020 $12,631 $1,242,000 $787,500 $454,500
2018 $11,304 $1,233,000 $708,700 $524,300
2017 $9,022 $1,119,000 $577,500 $541,500
2016 $7,988 $916,000 $472,500 $443,500
2015 $6,877 $789,000 $472,500 $316,500
2014 -- $692,000 $420,000 $272,000
2013 -- $634,000 $420,000 $214,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 914393

Northwest Multiple Listing Service (NWMLS)

APN: 277160-3590