NOT LISTED FOR SALE

Estimated Value: $1,444,000 - $1,608,000

9 Beds
3 Baths
3,430 Sq Ft
$446/Sq Ft Est. Value

Last Sold December 29, 2023

Last sale price $1,415,000 $413 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $9,376/month

41 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • 2-minute walk to Homer Harris Park
  • McGilvra Elementary School Rated A

About This Home

As of December 2023

Rare opportunity to own a beautifully updated, turn key triplex in prime location. Walk score of 90 situated on a quiet street but close to all the action. Fully remodeled from the studs out in 2017 including new windows, insulation, plumbing, roof, electrical, siding and more! Kitchens updated with w/quartz counters, new cabinets, tile backsplash & SS appliances. Large units with functional floor plans. Upper unit = 3 bed/1 bath + loft. Middle & lower level are also large 3 bed/1 bath units. W/D in all units.

Last Agent to Sell the Property

James Dainard

Heaton Dainard, LLC License #108050 Listed on: 10/11/2023

Heaton Dainard, LLC

Co-Listed By

Jennifer Hafner

Heaton Dainard, LLC License #134914

Heaton Dainard, LLC

Last Buyer's Agent

Jennifer Hafner

Heaton Dainard, LLC License #134914

Heaton Dainard, LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2170551

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,713

Year Built

  • Built in 1902

Lot Details

  • 2,514

Home Design

  • Triplex
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 3,430 Sq Ft Home
  • 3-Story Property

Additional Features

  • 2,514 Sq Ft Lot
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Madison Valley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1813800040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,713

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1902
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3430
  • EffectiveYearBuiltSource: See Remarks
  • Special Features: VirtualTour
  • Cumulative Days on Market: 330

Interior Features

  • Fireplace: No
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Structure Type: Triplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • WaterSewerGarbage: 3967

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 1813800040
  • Lot Size Acres: 0.0577
  • Lot Size Sq Ft: 2514
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 9164

Multi Family

  • Gross Scheduled Income: 109968
  • Net Operating Income: 82715
  • Number Of Units Total: 3
  • Insurance Expense: 1800
  • Leasable Area: 3430
  • EnergySource: Electric
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 14713

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2023
Closed on
Dec 27, 2023
Sold by
Infinity Land Management Llc
Bought by
Sikaria Medhavi and Kumar Gaurev
Seller's Agent
James Dainard
Heaton Dainard, LLC
Buyer's Agent
Jennifer Hafner
Heaton Dainard, LLC
List Price
$1,649,000
Sold Price
$1,415,000
Premium/Discount to List
-$234,000
-14.19%
Views
28
Current Estimated Value
$1,528,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,993
Avg. Annual Appreciation
4.39%
Original Mortgage
$849,000
Outstanding Balance
$806,319
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$700,825

Purchase Details

Closed on
Jun 22, 2020
Sold by
Razor Investments Llc
Bought by
Infinity Land Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.2%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 26, 2016
Sold by
Infinity Land Management Llc
Bought by
Razor Investments Llc

Purchase Details

Closed on
May 18, 2016
Sold by
Llj Ventures Llc
Bought by
Infinity Land Management Llc

Purchase Details

Listed on
Oct 8, 2015
Closed on
Nov 24, 2015
Sold by
Mooney Mary
Bought by
Infinity Land Management Llc and Llj Ventures Llc
Seller's Agent
Nancy Tibeau
Better Properties Solutions
Buyer's Agent
Monica Ulmer
Windermere West Metro
List Price
$970,000
Sold Price
$985,000
Premium/Discount to List
$15,000
1.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.55%
Original Mortgage
$690,000
Interest Rate
3.76%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 17, 1988
Sold by
Federal National Mortgage Assc
Bought by
Mooney Mary
Source: Public Records

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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
Sikaria Medhavi $1,415,000 Fidelity National Title
Infinity Land Management Llc -- Fidelity National Title
Razor Investments Llc -- Accommodation
Infinity Land Management Llc $111,424 Accommodation
Infinity Land Management Llc $985,000 First American
Mooney Mary -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sikaria Medhavi $849,000
Previous Owner Infinity Land Management Llc $1,000,000
Previous Owner Infinity Land Management Llc $690,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2023 12/29/23 Sold $1,415,000 -8.7% $413 / Sq Ft
11/21/2023 11/21/23 Pending -- -- --
11/17/2023 11/17/23 Price Changed $1,549,000 -6.1% $452 / Sq Ft
10/11/2023 10/11/23 For Sale $1,649,000 +67.4% $481 / Sq Ft
11/30/2015 11/30/15 Sold $985,000 +1.5% $319 / Sq Ft
10/21/2015 10/21/15 Pending -- -- --
10/08/2015 10/08/15 For Sale $970,000 -- $314 / 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 $15,145 $1,595,000 $590,000 $1,005,000
2023 $15,559 $1,670,000 $590,000 $1,080,000
2022 $14,369 $1,761,000 $509,000 $1,252,000
2021 $13,831 $1,583,000 $462,000 $1,121,000
2020 $11,685 $1,446,000 $418,000 $1,028,000
2018 $11,254 $1,244,000 $311,000 $933,000
2017 $6,605 $1,146,000 $266,000 $880,000
2016 $7,093 $685,000 $222,000 $463,000
2015 $5,944 $705,000 $342,000 $363,000
2014 -- $601,000 $285,000 $316,000
2013 -- $575,000 $295,000 $280,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2170551

Northwest Multiple Listing Service (NWMLS)

APN: 181380-0040