Listed by Real Broker LLC, Bought with Windermere Real Estate Midtown
NOT LISTED FOR SALE

Estimated Value: $1,102,000 - $1,276,000

5 Beds
2 Baths
2,850 Sq Ft
$418/Sq Ft Est. Value

Last Sold October 12, 2021

Last sale price $1,150,000 $404 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $7,246/month

2 Days on Market

Highlights

  • Lake View
  • Wood Flooring
  • Partially Fenced Property
  • McGilvra Elementary School Rated A
  • Patio
  • Wood Siding

About This Home

As of October 2021

Craftsman duplex in the amazing Montlake neighborhood boasting a 2b/1b and 3b/1b unit both with Lake Washington views! Don’t miss this great investment with lots of charm that has been well-maintained. The main level exudes historic details and offers great views of the water while the upper level offers an open layout and expansive water views. The possibilities are endless - live in one unit and rent the other to cover the mortgage, Airbnb for monthly income, or convert this home back to residential in an amazing neighborhood. Ditch your car and easily visit shops & restaurants on 19th or spend an afternoon in Volunteer Park. Easy access on 24th to UW or the stadium!

Last Agent to Sell the Property

Brennen Clouse

Real Broker LLC License #23013298 Listed on: 09/08/2021

Real Broker LLC

Co-Listed By

Tracy Erickson

Real Broker LLC License #24002264

Last Buyer's Agent

Mark Corcoran

Windermere Real Estate Midtown License #24570

Windermere Real Estate Midtown

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1836351

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,405

Year Built

  • Built in 1903

Lot Details

  • 4,000 Sq Ft Lot
  • Partially Fenced Property

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

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

Interior Spaces

  • 2,850 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Schools

  • Mc Gilvra Elementary School
  • Meany Mid Middle School
  • Garfield High School

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • Capitol Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5015000255

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,405

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1903
  • Buyer Agency Compensation: 2.75
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2850
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour
  • Cumulative Days on Market: 363

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
  • Amenities: Basement,Storage

Exterior Features

  • Roof: Composition
  • View: Lake, Mountain(s), Territorial
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: Seattle City Light
  • SewerCompany: Seattle Public Utilities
  • WaterCompany: Seattle Public Utilities
  • WaterSewerGarbage: 2340

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Annually

Fee Information

  • Annual Fuel Expense: 1140

Schools

  • Junior High Dist: Seattle
  • High School: Garfield High
  • Middle Or Junior School: Meany Mid

Lot Info

  • Parcel Number: 5015000255
  • Lot Size Acres: 0.0918
  • Lot Size Sq Ft: 4000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Gas Available,Patio
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 18
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Multi Family

  • Gross Scheduled Income: 62400
  • Net Operating Income: 48066
  • Number Of Units Total: 2
  • Electric Expense: 300
  • Insurance Expense: 815
  • Leasable Area: 2850
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 8405

MLS Schools

  • Elementary School: Mc Gilvra

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2021
Closed on
Oct 11, 2021
Sold by
Cowan Elizabeth E and Cowan James P
Bought by
Victory Financial Services Llc and Archangel Trust
Seller's Agent
Brennen Clouse
Real Broker LLC
Buyer's Agent
Mark Corcoran
Windermere Real Estate Midtown
List Price
$1,150,000
Sold Price
$1,150,000
Current Estimated Value
$1,191,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,816
Avg. Annual Appreciation
0.92%
Original Mortgage
$920,000
Outstanding Balance
$842,587
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$349,229

Purchase Details

Closed on
Aug 29, 2018
Sold by
Cowan Elizabeth E
Bought by
Cowan Elizabeth E and Cowan James P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,100
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2018
Sold by
Delaurenti Robert D and Cowan Elizabeth E
Bought by
Cowan Elizabeth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,100
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2004
Sold by
Kittilson Donna
Bought by
Delaurenti Robert D and Delaurenti Elizabeth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,750
Interest Rate
1.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 16, 2001
Sold by
Lubov Richard and Lubov Margaret
Bought by
Kittilson Donna

Purchase Details

Closed on
May 29, 1997
Sold by
Moten Levi
Bought by
Lubov Richard and Lubov Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
8.13%

Purchase Details

Closed on
Oct 1, 1996
Sold by
Lawrence Amy
Bought by
Moten L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,172
Interest Rate
7.95%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 17, 1992
Sold by
Haas Jessie Pearl N
Bought by
Lawrence Amy
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
Victory Financial Services Llc $1,150,000 None Available
Vancitters Gilbert $1,150,000 Wfg Natl Ttl Co Of Wa Llc
Cowan Elizabeth E -- Title Source Inc
Cowan Elizabeth E -- Title Source Inc
Delaurenti Robert D $545,000 Ticor National
Kittilson Donna $475,000 Washington Title
Lubov Richard $117,307 --
Moten L $175,000 --
Lawrence Amy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vancitters Gilbert $920,000
Previous Owner Cowan James P $451,450
Previous Owner Cowan Elizabeth E $453,100
Previous Owner Cowan Elizabeth E $453,100
Previous Owner Delaurenti Robert D $408,750
Previous Owner Lubov Richard $170,000
Previous Owner Moten L $169,172
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2021 10/12/21 Sold $1,150,000 0.0% $404 / Sq Ft
09/10/2021 09/10/21 Pending -- -- --
09/08/2021 09/08/21 For Sale $1,150,000 -- $404 / 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 $9,179 $934,000 $791,000 $143,000
2023 $9,362 $884,000 $754,000 $130,000
2022 $8,774 $1,090,000 $605,000 $485,000
2021 $8,256 $939,000 $521,000 $418,000
2020 $8,405 $837,000 $489,000 $348,000
2018 $7,521 $862,000 $503,000 $359,000
2017 $6,528 $748,000 $441,000 $307,000
2016 $5,915 $670,000 $339,000 $331,000
2015 $5,093 $592,000 $308,000 $284,000
2014 -- $520,000 $257,000 $263,000
2013 -- $544,000 $245,000 $299,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1836351

Northwest Multiple Listing Service (NWMLS)

APN: 501500-0255