Listed by Windermere Real Estate Midtown, Bought with Windermere Real Estate Midtown
$800,000
SOLD AUG 1, 2016
-- Bed
-- Bath
1,920 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$417 Per Sq Ft

7% Above List Price

Highlights

  • Views of a Sound
  • Deck
  • Partially Fenced Property
  • Mcclure Middle School Rated A-
  • Wood Flooring
  • 1-minute walk to Smith Cove Park

About This Home

As of February 2021

Mid-century modern duplex w/ great views of Puget Sound, Elliott Bay & Seattle skyline. The side-by-side townhouse style 2 bd/1 bth units feature hardwood floors, W/D in unit, large dining and living rooms, 300 SF individual decks & carport parking. Excellent opportunity as an investment or for an owner to live in one unit & have part of their mortgage paid by the tenant. Updates include copper plumbing & side sewer replacement. Outstanding location close to downtown Seattle & Expedia. Zoned LR1

Last Agent to Sell the Property

Lauren Hendricks

Windermere Real Estate Midtown License #83586 Listed on: 06/07/2016

Windermere Real Estate Midtown

Last Buyer's Agent

Dan Wilcynski

Windermere Real Estate Midtown License #50120

Windermere Real Estate Midtown

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 956002

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,341

Year Built

  • Built in 1952

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50' x 100'
  • Partially Fenced Property
  • Value in Land
  • Property is in good condition

Parking

  • 2 Parking Spaces

Property Views

  • Views of a Sound
  • Bay
  • City
  • Mountain

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,920 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Schools

  • Catharine Blaine K-8 Elementary School
  • Mc Clure Mid Middle School
  • Ballard High School

Additional Features

  • Deck
  • Cable TV Available

Community Details

  • Gilmans Add Condos
  • Magnolia Subdivision

Listing and Financial Details

  • Legal Lot and Block 36-37 / 155
  • Assessor Parcel Number 2771600445

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,341

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1952
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Gilmans Add
  • New Construction: No
  • CalculatedSquareFootage: 1920
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Forced Air, Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Bay, City, Mountain(s), Sound
  • Lot Features: Curbs, Paved, Sidewalk, Value In Land
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Open Parking: No
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Natural Gas Connected, Oil
  • PowerCompany: Seattle Public Utilities
  • SewerCompany: Seattle Public Utilities
  • WaterCompany: Seattle Public Utilities
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Seattle
  • High School: Ballard High
  • Middle Or Junior School: Mc Clure Mid

Lot Info

  • Parcel Number: 2771600445
  • Lot Size Acres: 0.1148
  • Lot Size: 50' X 100'
  • Lot Size Sq Ft: 5000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available
  • MLSLotSizeSource: KCR
  • ZoningClass: Multi-Family,Residential
  • LotNumber: 36-37

Green Features

  • Power Production Type: Natural Gas, Oil

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 17
  • LeasedItems: None
  • TotalMonthlyIncome: 3625

Multi Family

  • Gross Scheduled Income: 43500
  • Net Operating Income: 32997
  • Number Of Units Total: 2
  • Insurance Expense: 604
  • Leasable Area: 1920
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2016
  • Tax Annual Amount: 6341

MLS Schools

  • Elementary School: Catharine Blaine K-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2024
Sold by
James Sean T
Bought by
Liu Zhongqi and Shao Fei
Current Estimated Value
$1,090,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Outstanding Balance
$872,594
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$257,419

Purchase Details

Closed on
Jul 31, 2018
Sold by
Greenbuild Development Llc
Bought by
James Sean T

Purchase Details

Listed on
Jun 7, 2016
Closed on
Jul 27, 2016
Sold by
Haberbush Janet M and Gangnes Richard A
Bought by
Greenbuild Development Llc
Seller's Agent
Lauren Hendricks
Windermere Real Estate Midtown
Buyer's Agent
Dan Wilcynski
Windermere Real Estate Midtown
List Price
$750,000
Sold Price
$800,000
Premium/Discount to List
$50,000
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
3.86%

Purchase Details

Closed on
Jul 9, 1998
Sold by
Mager Melissa
Bought by
Haberbush Janet M and Gangnes Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,400
Interest Rate
7%
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 $1,100,000 Wfg National Title Company Of
Warranty Deed $1,175,000 First American Title Insuran
Warranty Deed $800,000 Cw Title Co
Warranty Deed $130,000 Pacific Northwest Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $880,000 New Conventional
Previous Owner $550,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $160,000 No Value Available
Previous Owner $100,000 No Value Available
Previous Owner $191,400 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2021 02/10/21 Sold $1,264,500 +15.0% $626 / Sq Ft
01/27/2021 01/27/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $1,100,000 +11.2% $545 / Sq Ft
11/29/2018 11/29/18 Sold $989,000 -9.2% $497 / Sq Ft
11/04/2018 11/04/18 Pending -- -- --
10/10/2018 10/10/18 For Sale $1,089,000 +36.1% $547 / Sq Ft
08/01/2016 08/01/16 Sold $800,000 +6.7% $417 / Sq Ft
06/15/2016 06/15/16 Pending -- -- --
06/07/2016 06/07/16 For Sale $750,000 -- $391 / 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 $9,881 $1,047,000 $536,000 $511,000
2023 $9,184 $987,000 $389,000 $598,000
2022 $8,936 $1,074,000 $365,000 $709,000
2021 $8,695 $987,000 $306,000 $681,000
2020 $9,107 $911,000 $280,000 $631,000
2018 $7,724 $932,000 $282,000 $650,000
2017 $6,863 $762,000 $441,000 $321,000
2016 $6,341 $694,000 $402,000 $292,000
2015 $5,343 $626,000 $366,000 $260,000
2014 -- $537,000 $313,000 $224,000
2013 -- $516,000 $302,000 $214,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 956002

Northwest Multiple Listing Service (NWMLS)

APN: 277160-0445