Listed by Paragon Real Estate Advisors, Bought with The Saki Group LLC
NOT LISTED FOR SALE

Estimated Value: $1,146,000 - $1,432,000

5 Beds
3 Baths
2,390 Sq Ft
$543/Sq Ft Est. Value

Last Sold January 31, 2022

Last sale price $1,275,000 $533 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $7,741/month

85 Days on Market

Highlights

  • Wood Siding
  • Wall to Wall Carpet
  • 4-minute walk to Rogers Playground
  • Montlake Elementary School Rated A

About This Home

As of January 2022

Price Reduced! Great triplex well located in Eastlake neighborhood. The property offers one 1-bed and two 2-bedroom units, with partial views of Gasworks Park and Downtown Seattle. The Boylston Flats has recently gone through a top to bottom renovation including the addition of high-end finishes and new appliances. This is a rare opportunity to purchase a trophy asset in a neighborhood perfectly positioned for Seattle’s continued employment growth.

Last Agent to Sell the Property

Nick Hemming

Paragon Real Estate Advisors License #120684 Listed on: 10/04/2021

Co-Listed By

Ryan Iles

Paragon Real Estate Advisors License #108410

Last Buyer's Agent

Julia Tsurusaki

The Saki Group LLC License #23651

The Saki Group LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1848897

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,610

Year Built

  • Built in 1904

Lot Details

  • 2,342 Sq Ft Lot

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,390 Sq Ft Home
  • 3-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 2 Parking Spaces
  • Open Parking

Community Details

  • Eastlake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2902200741

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,610

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1904
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2390
  • Special Features: None
  • Cumulative Days on Market: 378

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate Hardwood, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,Storage

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Triplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 2042

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 2902200741
  • Lot Size Acres: 0.0538
  • Lot Size Sq Ft: 2342
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 6458

Multi Family

  • Gross Scheduled Income: 77496
  • Net Operating Income: 62092
  • Number Of Units Total: 3
  • Insurance Expense: 1125
  • Leasable Area: 2390
  • EnergySource: Electric
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2021
  • Tax Annual Amount: 6610

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2021
Closed on
Jan 21, 2022
Sold by
Srev Portfolio Llc
Bought by
James R Gozzano And Teresa M Gozanno Family T and Gozzano Teresa G
Seller's Agent
Nick Hemming
Paragon Real Estate Advisors
Buyer's Agent
Julia Tsurusaki
The Saki Group LLC
List Price
$1,290,000
Sold Price
$1,275,000
Premium/Discount to List
-$15,000
-1.16%
Current Estimated Value
$1,297,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,991
Avg. Annual Appreciation
5.18%

Purchase Details

Closed on
Sep 13, 2017
Sold by
Southgate Re Ventures Llc
Bought by
Srev Portfolio Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,720,000
Interest Rate
3.86%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 12, 2017
Closed on
Mar 20, 2017
Sold by
Boylston Triplex Llc
Bought by
Southgate Re Ventures Llc
Seller's Agent
Mattthew Herron
Gillis Real Estate LLC
Buyer's Agent
Mattthew Herron
Gillis Real Estate LLC
List Price
$899,000
Sold Price
$976,000
Premium/Discount to List
$77,000
8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.44%
Original Mortgage
$5,000,000
Interest Rate
4.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 5, 2012
Sold by
Herron Matthew
Bought by
Boylston Triplex Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 2011
Sold by
S & N Rentals Llc
Bought by
Herron Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.05%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 23, 2011
Sold by
Martin Lenora L and Martin Steve S
Bought by
S & N Rentals Llc

Purchase Details

Closed on
May 14, 2008
Sold by
Martin Lenora L
Bought by
Martin Lenora L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
James R Gozzano And Teresa M Gozanno Family T $1,275,000 Commonwealth Land Title
Srev Portfolio Llc -- None Available
Southgate Re Ventures Llc $976,000 Stewart Title
Boylston Triplex Llc -- Stewart Title
Herron Matthew $500,000 Stewart Title
S & N Rentals Llc -- None Available
Martin Lenora L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Srev Portfolio Llc $1,720,000
Previous Owner Southgate Re Ventures Llc $5,000,000
Previous Owner Boylston Triplex Llc $375,000
Previous Owner Herron Matthew $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2022 01/31/22 Sold $1,275,000 -1.2% $533 / Sq Ft
12/28/2021 12/28/21 Pending -- -- --
12/20/2021 12/20/21 Price Changed $1,290,000 0.0% $540 / Sq Ft
12/20/2021 12/20/21 For Sale $1,290,000 -2.6% $540 / Sq Ft
12/13/2021 12/13/21 Pending -- -- --
10/04/2021 10/04/21 For Sale $1,325,000 +35.8% $554 / Sq Ft
03/20/2017 03/20/17 Sold $976,000 +8.6% $421 / Sq Ft
01/15/2017 01/15/17 Pending -- -- --
01/12/2017 01/12/17 For Sale $899,000 -- $388 / 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 $8,190 $842,000 $589,000 $253,000
2023 $7,627 $797,000 $561,000 $236,000
2022 $6,715 $835,000 $365,000 $470,000
2021 $6,610 $719,000 $315,000 $404,000
2020 $6,735 $673,000 $296,000 $377,000
2018 $6,014 $694,000 $305,000 $389,000
2017 $5,385 $600,000 $264,000 $336,000
2016 $5,373 $555,000 $246,000 $309,000
2015 $4,404 $542,000 $132,000 $410,000
2014 -- $452,000 $106,000 $346,000
2013 -- $457,000 $100,000 $357,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1848897

Northwest Multiple Listing Service (NWMLS)

APN: 290220-0741