Listed by Windermere Real Estate/HLC, Bought with Coldwell Banker Bain
NOT LISTED FOR SALE

Estimated Value: $1,042,000 - $1,116,000

4 Beds
2 Baths
1,968 Sq Ft
$547/Sq Ft Est. Value

Last Sold October 22, 2021

Last sale price $1,000,000 $508 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,457/month

8 Days on Market

Highlights

  • Lake View
  • Wood Flooring
  • High Speed Internet
  • McGilvra Elementary School Rated A
  • Patio
  • Wood Siding

About This Home

As of October 2021

{OPPORTUNITY KNOCKS} Live in an INCOME PROD PROP & let the Tenants pay your mortgage! Renovated Triplex on Eastside of Cap Hill. Close to the city yet quiet & peaceful. Top Unit(B) Vacant, features {SWEEPING VIEWS} of Lk WA & Cascade Mtns. 2 beds w full bath, coved ceilings, new LVT flooring & tile. Kitchen w gas range, DW & Breakfast bar-dine with a view! Main Unit(A) East facing windows provides VIEWS of the Lake & Mtns, 1 bed, 3⁄4 bath, gas range & gas heat. Open floor Kitchen, Dining, Living areas. Lower Unit(C) Vacant. Fully RENOVATED in 2020, 1 bed + den, 2 3⁄4 baths make this a great place to live! Modern kitchen, Gas range, DW & Granite. Basement coin op laundry. No maintenance partially fenced yard. PREINSPECTED!

Last Agent to Sell the Property

Suzanne Fortune

Windermere Real Estate/HLC License #119325 Listed on: 09/08/2021

Windermere Real Estate/HLC

Last Buyer's Agent

Cyrus Fiene

Coldwell Banker Bain License #119512

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1835096

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,330

Year Built

  • Built in 1908 | Remodeled

Lot Details

  • 1,215

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 1,968 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl Plank
  • Vinyl

Additional Features

  • Patio
  • 1,215 Sq Ft Lot
  • High Speed Internet

Community Details

  • Capitol Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5015000885

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,330

Year Built

Built in 1908 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1908
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1968
  • EffectiveYearBuiltSource: See Remarks
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Vinyl Plank, Carpet
  • Interior Amenities: High Efficiency - 90%+, Forced Air, Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Lake, Mountain(s), Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: High Speed Internet, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: Seattle City Light
  • SewerCompany: Seattle Public Utilities
  • WaterCompany: Seattle Public Utilities

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Annual Fuel Expense: 1000

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 5015000885
  • Lot Size Acres: 0.0279
  • Lot Size Sq Ft: 1215
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Green Features

  • Efficiency: High Efficiency - 90%+
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 5400

Tax Info

  • Year: 2021
  • Tax Annual Amount: 9330

Multi Family

  • Number Of Units Total: 3
  • Electric Expense: 500
  • EnergySource: Electric,Natural Gas
  • UnitsBelowGrade: true

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2021
Closed on
Oct 11, 2021
Sold by
Liljegren Eric J and Shiebler Scott O
Bought by
Phillips Naomi and Naomi Phillips Revocable Trust
Seller's Agent
Suzanne Fortune
Windermere Real Estate/HLC
Buyer's Agent
Cyrus Fiene
Coldwell Banker Bain
List Price
$1,000,000
Sold Price
$1,000,000
Current Estimated Value
$1,077,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,071
Avg. Annual Appreciation
1.78%
Original Mortgage
$650,000
Outstanding Balance
$592,739
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$484,332

Purchase Details

Closed on
Dec 22, 2004
Sold by
Hall Charles L and Hall Patricia A
Bought by
Shiebler Scott O and Liljegren Eric J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,000
Interest Rate
5.01%

Purchase Details

Closed on
Aug 22, 1995
Sold by
Hensel Richard F
Bought by
Hall Charles L and Hall Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,532
Interest Rate
7.63%

Purchase Details

Closed on
Aug 8, 1995
Sold by
Hensel Richard F
Bought by
Hensel Richard F and Hall Charles L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,532
Interest Rate
7.63%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Phillips Naomi $1,000,000 Cw Title
Shiebler Scott O $507,500 Old Republic T
Hall Charles L $99,800 Chicago Title Insurance Co
Hensel Richard F -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Naomi $650,000
Previous Owner Shiebler Scott O $406,000
Previous Owner Hall Charles L $39,532
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2021 10/22/21 Sold $1,000,000 0.0% $508 / Sq Ft
09/16/2021 09/16/21 Pending -- -- --
09/08/2021 09/08/21 For Sale $1,000,000 -- $508 / 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 $9,969 $1,058,000 $725,000 $333,000
2023 $9,285 $1,001,000 $691,000 $310,000
2022 $7,448 $1,195,000 $448,000 $747,000
2021 $9,330 $821,000 $182,200 $638,800
2020 $8,988 $982,000 $170,100 $811,900
2018 $7,321 $836,000 $109,300 $726,700
2017 $7,184 $750,000 $91,100 $658,900
2016 $6,093 $762,000 $91,100 $670,900
2015 $4,959 $632,000 $91,100 $540,900
2014 -- $525,000 $91,100 $433,900
2013 -- $488,000 $91,100 $396,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1835096

Northwest Multiple Listing Service (NWMLS)

APN: 501500-0885