Listed by Windermere Real Estate Midtown, Bought with Coldwell Banker Bain
$1,600,000
SOLD JUN 30, 2017
-- Bed
-- Bath
3,720 Sq Ft
6,250 Sq Ft Lot

Recently Sold

$430 Per Sq Ft

16% Below List Price

24 Days on Market

Highlights

  • City View
  • Deck
  • Corner Lot
  • Mcclure Middle School Rated A-
  • Wood Flooring
  • 5-minute walk to Ella Bailey Park

About This Home

As of March 2025

Investment opportunity in prime location. Completely remodeled/upgraded Tri-plex in Magnolia, 10 min to dntwn. Top flr unit- 1800 sqft w/ 2bed/2bath, fireplace, upgraded appliances, stone countertops & deck w/ views of City, Elliott Bay, Mountains & Space Needle. 2nd flr unit- 1600 sqft w/ fireplace, outside deck w/ views of Elliott Bay, Mountains, golf course & Space Needle. Entry/Lower level- 1bed/1bath. 3 car gar pkg, storage & wine cellar. Walk/bike to dwntwn, close to Expedia.
See attached

Last Agent to Sell the Property

Deborah Young

Windermere Real Estate Midtown License #2767 Listed on: 04/15/2017

Windermere Real Estate Midtown

Last Buyer's Agent

Sarah Ford

Coldwell Banker Bain License #4324

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1106138

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,012

Year Built

  • Built in 1965

Lot Details

  • 6,250 Sq Ft Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Corner Lot
  • Property is in average condition

Property Views

  • City
  • Mountain
  • Territorial

Home Design

  • Triplex
  • Flat Roof Shape
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,720 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Parking

  • 5 Parking Spaces
  • 3 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck

Schools

  • Ballard High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Magnolia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2771600685

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,012

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1965
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3720
  • Special Features: None
  • Cumulative Days on Market: 305

Interior Features

  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition, Flat
  • View: City, Mountain(s), Territorial
  • Lot Features: Corner Lot, Cul-De-Sac, Dead End Street, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric
  • PowerCompany: Seattle Public Utilities
  • WaterSewerGarbage: 410

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Seattle
  • High School: Ballard High

Lot Info

  • Parcel Number: 2771600685
  • Lot Size Acres: 0.1435
  • Lot Size Sq Ft: 6250
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Gas Available,High Speed Internet
  • MLSLotSizeSource: KCR
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric

Rental Info

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

Tax Info

  • Year: 2017
  • Tax Annual Amount: 10012

Multi Family

  • Number Of Units Total: 3
  • Insurance Expense: 438
  • Leasable Area: 3900
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2024
Closed on
Feb 26, 2025
Sold by
William And Joan Y Lum Living Trust and Lum Joan Y
Bought by
Ncp Management Inc Profit Sharing Plan
Seller's Agent
Sarah Ford
Coldwell Banker Bain
Buyer's Agent
Tim Lenihan
Windermere Real Estate Midtown
List Price
$1,980,000
Sold Price
$1,921,500
Premium/Discount to List
-$58,500
-2.95%
Total Days on Market
24
Views
39
Current Estimated Value
$1,937,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,904
Avg. Annual Appreciation
3.22%

Purchase Details

Closed on
Oct 25, 2023
Sold by
William And Joan Y Lum Living Trust
Bought by
William And Joan Y Lum Living Trust and Lum

Purchase Details

Listed on
Apr 15, 2017
Closed on
Jun 23, 2017
Sold by
Meintz Timothy
Bought by
Lum Lisa and Lum Joan Y
Seller's Agent
Deborah Young
Windermere Real Estate Midtown
Buyer's Agent
Sarah Ford
Coldwell Banker Bain
List Price
$1,900,000
Sold Price
$1,600,000
Premium/Discount to List
-$300,000
-15.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.44%

Purchase Details

Closed on
Oct 3, 2003
Sold by
Thomas Paul E and Thomas Shirley A
Bought by
Meintz Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 1984
Sold by
Brotman Bernard
Bought by
Thomas Paul E
Source: Public Records

Similar Homes in Seattle, WA

  • 1906 5th Ave W, Seattle, WA 98119

    $1,688,000

    • 6 Beds
    • 6 Baths
    • 2,790 Sq Ft
    • 1906 5th Ave W
    • Seattle, WA

    Discover timeless charm & modern convenience in this beautifully maintained & updated 1905 Queen Anne triplex. Each spacious 2 bed, 2 bath unit features stainless steel appliances, in-unit laundry & stylish finishes. The owner's unit shines with oak hardwoods, a cozy gas fireplace, and 2 bedrooms with ensuite baths. Easily convertible to a 4 bedroom, 2-story home with a separate, garden level

    Melissa Klinnert COMPASS

    Section Image
  • 913 N 35th St, Seattle, WA 98103

    $1,395,000

    • 6 Beds
    • 6 Baths
    • 2,660 Sq Ft
    • 913 N 35th St
    • Seattle, WA

    Meticulously maintained triplex in the heart of downtown Fremont. Successfully operated as a top-performing Airbnb for the past seven years with an average gross income exceeding $120K annually. Flexible zoning allows for short-, mid-, or long-term rental strategies, making this an ideal investment for seasoned hosts or newcomers alike. Guests are drawn to its unbeatable location, tranquil

    Bryan Richardson Kelly Right RE of Seattle LLC

    Section Image
  • 410 N 48th St, Seattle, WA 98103

    $1,680,000

    • 6 Beds
    • 6 Baths
    • 3,260 Sq Ft
    • 410 N 48th St
    • Seattle, WA

    Extraordinary multi-unit property w/fantastic rental history in Phinney Ridge. This meticulously maintained home boasts modern updates throughout while preserving the era relevant Craftsman charm. Includes 2 short term & two long term units; each with separate exterior access, individual kitchen, dining, bedrooms and bathrooms. Main unit includes 170 sq ft enclosed porch and private washer/dryer.

    Kathe Trost Windermere RE Greenwood

    Section Image
  • 206 12th Ave E, Seattle, WA 98102

    $1,500,000

    • 4 Beds
    • 7 Baths
    • 2,765 Sq Ft
    • 206 12th Ave E
    • Seattle, WA

    SELLER FINANCING AVAILABLE - This 6-unit apartment building offers a prime investment opportunity in the heart of Capitol Hill with immediate value-add potential. Just a short walk from the Capitol Hill Light Rail Station, it provides residents easy access to downtown, the University District, and SeaTac Airport. The property includes a balanced unit mix: 2 studios sharing a bathroom and four

    Will Douglas Paragon Real Estate Advisors

    Section Image
  • 8515 Stone Ave N Unit A&B, Seattle, WA 98103

    $1,335,000

    • 6 Beds
    • 6 Baths
    • 2,910 Sq Ft
    • 8515 Stone Ave N
    • Unit A&B
    • Seattle, WA

    Secure a high-demand rental asset with two turnkey townhouse units in Seattle’s sought-after Green Lake neighborhood. Each 3-bed, 2.5-bath home features oak hardwood floors, open-concept living, granite kitchens with breakfast bars, gas fireplaces, and private backyard patios. Upstairs, dual primary suites offer en suite baths and vaulted ceilings, plus a third bedroom ideal for guests or a home

    Ben Kaufman COMPASS

    Section Image
  • 1512 12th Ave S, Seattle, WA 98144

    $1,599,000

    • 5 Beds
    • 7 Baths
    • 3,431 Sq Ft
    • 1512 12th Ave S
    • Seattle, WA

    Beacon Hill 7-Unit, a fully renovated, turnkey multifamily property completed in 2024. Located at the norther edge of Beacon Hill, this high-quality asset offers a well-balanced mix of modern residences; One ADA-compliant 3-bedroom, 1-bath unit with a private secure garage; Two well-appointed 1-bedroom, 1-bath units; Four contemporary Loft SEDU units. Each residence is meticulously designed with

    Curran Hagstrom Westlake Associates, Inc.

    Section Image
  • 1745 12th Ave S Unit 1 - 4, Seattle, WA 98144

    $1,799,850

    • 6 Beds
    • 6 Baths
    • 4,589 Sq Ft
    • 1745 12th Ave S
    • Unit 1 - 4
    • Seattle, WA

    Historic gem with sweeping views, located on North Beacon Hill on a quiet street! This classic 1900-built 4-plex exudes timeless charm & solid craftsmanship, featuring 1-bed garden unit, main floor studio, 2-bed with views, and a stunning 3-bed penthouse with panoramic Sound, mountain, and city views. Includes shared coin-op laundry and a bonus non-conforming 5th caretaker’s unit. Thoughtfully

    Nicholas Vilvandre' Keller Williams Downtown Sea

    Section Image
  • 1012 NE 91st St, Seattle, WA 98115

    $1,599,950

    • 5 Beds
    • 6 Baths
    • 2,656 Sq Ft
    • 1012 NE 91st St
    • Seattle, WA

    Fully renovated triplex w/ a bonus basement unit offers an exceptional opportunity for savvy investors or owner-occupants seeking instant income. Currently generating an impressive $11K-$12K monthly revenue through a combination of Airbnb and long-term rentals. Chef's kitchens feature stainless steel appliances, basin sinks, ample cabinetry, full backsplashes, quartz countertops. Spacious

    Trina Tuyet Luong Keller Williams Rlty Bellevue

    Section Image
  • 11011 35th Ave NE, Seattle, WA 98125

    $1,199,000

    • 7 Beds
    • 6 Baths
    • 3,820 Sq Ft
    • 11011 35th Ave NE
    • Seattle, WA

    Amazing opportunity to own an investment Trip Plex in Meadowbrook/Seattle. First time on Market in decades. Each home has its own garage plus surface parking. Individual water and electrical meters make this a potential conversion opportunity. ( Buyers to Verify) Long term established tenancies in place and building inspection available upon request. Walk to Nathan Hale, Meadowbrook community

    Jeffrey McDonald Realogics Sotheby's Int'l Rlty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $1,921,500 Rainier Title
Special Warranty Deed $1,890,000 None Listed On Document
Warranty Deed $1,600,000 Cw Title Co
Warranty Deed $590,000 Stewart Title
Warranty Deed $220,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $499,800 New Conventional
Previous Owner $171,000 Credit Line Revolving
Previous Owner $472,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2025 03/03/25 Sold $1,921,500 -3.0% $479 / Sq Ft
01/17/2025 01/17/25 Pending -- -- --
08/30/2024 08/30/24 For Sale $1,980,000 +23.8% $494 / Sq Ft
06/30/2017 06/30/17 Sold $1,600,000 -15.8% $430 / Sq Ft
05/10/2017 05/10/17 Pending -- -- --
04/15/2017 04/15/17 For Sale $1,900,000 -- $511 / 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 $18,257 $1,859,000 $851,000 $1,008,000
2023 $18,178 $1,890,000 $882,000 $1,008,000
2022 $15,703 $2,056,000 $828,000 $1,228,000
2021 $14,612 $1,671,000 $694,000 $977,000
2020 $15,372 $1,474,000 $635,000 $839,000
2018 $11,340 $1,521,000 $639,000 $882,000
2017 $10,012 $1,111,000 $472,000 $639,000
2016 $9,115 $1,012,000 $430,000 $582,000
2015 $7,671 $913,000 $391,000 $522,000
2014 -- $783,000 $335,000 $448,000
2013 -- $752,000 $323,000 $429,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1106138

Northwest Multiple Listing Service (NWMLS)

APN: 277160-0685