Listed by Windermere Real Estate Co., Bought with Kelly Right RE of Seattle LLC
NOT LISTED FOR SALE

Estimated Value: $1,407,000 - $1,584,585

-- Bed
-- Bath
3,420 Sq Ft
$437/Sq Ft Est. Value

Last Sold October 20, 2017

Last sale price $1,352,000 $395 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $8,790/month

7 Days on Market

Highlights

  • RV Access or Parking
  • Lake View
  • Property is in very good condition
  • McGilvra Elementary School Rated A
  • Wood Flooring
  • Partially Fenced Property

About This Home

As of October 2017

Sunrise Fourplex A Fine 1916 Spanish Home, remodeled into apts city permit 1925. Orig Main #A Formal 2-BR 1120 sqft all coved & bay windows. Lower #D tiny views; top levels A,B &C water views. Super clean inside too, upgraded systems. Four elements of future use upside – Apt A add 3rd BR - 430 sqft WD room w/ 9 ft ceilings, level doorway & windows - 28x40 parking slab by public alley & 63x100 lot, lg level sideyards – lg open attic space – all under a real hip roof.

Last Agent to Sell the Property

Matthew Townsend

Windermere Real Estate Co. License #9599 Listed on: 09/13/2017

Windermere Real Estate Co.

Last Buyer's Agent

Lejie Xu

Kelly Right RE of Seattle LLC License #110316

Kelly Right RE of Seattle LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1192644

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,618

Year Built

  • Built in 1916

Lot Details

  • 6,294 Sq Ft Lot
  • Lot Dimensions are 63 x 100
  • Partially Fenced Property
  • Property is in very good condition

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,420 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Ceramic Tile

Parking

  • 4 Parking Spaces
  • Open Parking
  • RV Access or Parking

Community Details

  • Madison Park Addition Condos
  • Arboretum Subdivision

Listing and Financial Details

  • Legal Lot and Block LOTS 3 AND 4 / TEN
  • Assessor Parcel Number 5015000905

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,618

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1916
  • Buyer Agency Compensation: 3.0
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: MADISON PARK ADDITION
  • New Construction: No
  • CalculatedSquareFootage: 3420
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Ceramic Tile, Hardwood
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,See Remarks,Storage

Exterior Features

  • Roof: Composition
  • View: Lake, Mountain(s), Territorial
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Stucco
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Quadruplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 4

Utilities

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

Fee Information

  • Annual Fuel Expense: 589

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 5015000905
  • Lot Size Acres: 0.1445
  • Lot Size: 63 x 100
  • Lot Size Sq Ft: 6294
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Gas Available,RV Parking
  • MLSLotSizeSource: KCA
  • ZoningClass: Residential
  • LotNumber: LOTS 3 AND 4

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 20
  • LeasedItems: None
  • TotalMonthlyIncome: 5390

Tax Info

  • Year: 2017
  • Tax Annual Amount: 10618

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 148
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2021
Sold by
Li Jun Feng and Duan Heng Zhe
Bought by
Washington Rental Association Llc
Current Estimated Value
$1,495,793

Purchase Details

Closed on
Oct 1, 2020
Sold by
Washington Rental Association Llc
Bought by
Duan Heng Zhe and Li Jun Feng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$956,172
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2017
Sold by
Li Jun Feng and Duan Heng Zhe
Bought by
Washington Rental Association Llc

Purchase Details

Listed on
Sep 13, 2017
Closed on
Oct 20, 2017
Sold by
Zhao Ying
Bought by
Li Junfeng
Seller's Agent
Matthew Townsend
Windermere Real Estate Co.
Buyer's Agent
Lejie Xu
Kelly Right RE of Seattle LLC
List Price
$1,296,000
Sold Price
$1,352,000
Premium/Discount to List
$56,000
4.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.24%
Original Mortgage
$1,005,000
Interest Rate
3.78%

Purchase Details

Listed on
Sep 13, 2017
Closed on
Oct 16, 2017
Sold by
Mortenson Michael D and Snyder Margaret L
Bought by
Li Jun Feng and Duan Zhe
Seller's Agent
Matthew Townsend
Windermere Real Estate Co.
Buyer's Agent
Lejie Xu
Kelly Right RE of Seattle LLC
List Price
$1,296,000
Sold Price
$1,352,000
Premium/Discount to List
$56,000
4.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,005,000
Interest Rate
3.78%

Purchase Details

Closed on
Feb 11, 2004
Sold by
Archer Michael F and Archer Crystal D
Bought by
Mortenson Michael D and Snyder Margaret L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,520
Interest Rate
5.82%

Purchase Details

Closed on
Jun 23, 2000
Sold by
Archer Michael and Archer Crystal
Bought by
Archer Michael and Archer Crystal
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Washington Rental Association Llc -- None Available
Duan Heng Zhe -- Spruce Title Company
Washington Rental Association Llc -- None Available
Li Junfeng -- Ticor Title
Li Jun Feng $1,352,000 Ticor Title
Mortenson Michael D $644,400 Pacific Nw Tit
Archer Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Duan Heng Zhe $956,172
Previous Owner Li Jun Feng $1,005,000
Previous Owner Mortenson Michael D $515,520
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2017 10/20/17 Sold $1,352,000 +4.3% $395 / Sq Ft
09/21/2017 09/21/17 Pending -- -- --
09/13/2017 09/13/17 For Sale $1,296,000 -- $379 / 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 $11,708 $1,187,000 $1,007,000 $180,000
2023 $12,868 $1,367,000 $1,007,000 $360,000
2022 $13,575 $1,490,000 $944,100 $545,900
2021 $15,894 $1,455,000 $944,100 $510,900
2020 $14,625 $1,634,000 $881,100 $752,900
2018 $11,050 $1,290,000 $566,400 $723,600
2017 $10,618 $1,098,000 $472,000 $626,000
2016 $8,255 $1,094,000 $472,000 $622,000
2015 -- $822,000 $472,000 $350,000
2014 -- $720,000 $472,000 $248,000
2013 -- $703,000 $472,000 $231,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1192644

Northwest Multiple Listing Service (NWMLS)

APN: 501500-0905