Seller's Agent in 2022
JJ Paz
HomeSmart Real Estate Associates
(425) 753-1719
1 in this area
8 Total Sales
Listed by HomeSmart Real Estate Assoc, Bought with Latitude Regenerative R.E.
2328 48th Ave SW Seattle, WA 98116
North Admiral NeighborhoodEstimated Value: $913,917 - $1,291,000
5
Beds
3
Baths
2,620
Sq Ft
$409/Sq Ft
Est. Value
Highlights
- Deck
- No HOA
- Property is in very good condition
- Alki Elementary School Rated A-
- Patio
- 3-minute walk to College Street Ravine
About This Home
As of March 2022Mid-century brick triplex in prime North Admiral location. Opportunity to own an income producing asset, attracting an excellent tenant base in a strategic location with value-add upside. Brand new roof 2020, new carpet, new windows. Coveted off street parking for 6 cars. Birch cabinetry, efficient floor plans, mature landscaping. All units have their own washer/dryer in laundry room/storage area. Rents are below market, chance to increase rents in this highly desirable area. Walk to Alki Beach & Admiral, one block to shuttle for water taxi & rapid ride. Close to Junction, California Ave, restaurants, schools, shopping, parks, water taxi to downtown. Quick drive to Seattle's booming tech industry employment hubs. Walk score of 75. Zoned LR1
Last Agent to Sell the Property
HomeSmart Real Estate Assoc License #106694 Listed on: 01/27/2022
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1879076
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,432
Year Built
- Built in 1959
Lot Details
- 6,264 Sq Ft Lot
- Property is in very good condition
Home Design
- Triplex
- Brick Exterior Construction
- Poured Concrete
- Composition Roof
Interior Spaces
- 2,620 Sq Ft Home
- 2-Story Property
Flooring
- Wall to Wall Carpet
- Vinyl
Parking
- 6 Parking Spaces
- Open Parking
Outdoor Features
- Deck
- Patio
Schools
- Alki Elementary School
- Madison Mid Middle School
- West Seattle High School
Utilities
- Cable TV Available
Community Details
- No Home Owners Association
- North Admiral Subdivision
Listing and Financial Details
- Assessor Parcel Number 9281700035
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 27, 2022
Closed on
Mar 6, 2022
Sold by
Baxter Bliss Jr James and Baxter Kelsie
Bought by
Copeland Tauschia Elizabeth and Hodapp Catherine
Seller's Agent
JJ Paz
HomeSmart Real Estate Assoc
Buyer's Agent
Aly Tibbetts
Latitude Regenerative R.E.
List Price
$865,000
Sold Price
$895,000
Premium/Discount to List
$30,000
3.47%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,979
Avg. Annual Appreciation
5.14%
Original Mortgage
$716,000
Outstanding Balance
$667,218
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$403,761
Purchase Details
Listed on
Mar 7, 2012
Closed on
Dec 13, 2012
Sold by
Stum William and Stum Rebecca
Bought by
Bliss James Baxter
Seller's Agent
Nancy Chapin
Windermere R E Mount Baker
Buyer's Agent
JJ Paz
HomeSmart Real Estate Assoc
List Price
$490,000
Sold Price
$420,000
Premium/Discount to List
-$70,000
-14.29%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.55%
Original Mortgage
$357,651
Interest Rate
3.37%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 16, 2007
Sold by
Gabrielson Jacob and Gabrielson Karen Lee
Bought by
Stum William C and Stum Rebecca E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$511,000
Interest Rate
8%
Mortgage Type
Balloon
Purchase Details
Closed on
May 21, 2003
Sold by
Nitkey John W and Nitkey Frances L
Bought by
Gabrielson Jacob and Gabrielson Roger Keith
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Copeland Tauschia Elizabeth | $895,000 | Fidelity National Title | |
| Bliss James Baxter | $420,000 | Rainier Title | |
| Stum William C | $639,000 | First American | |
| Gabrielson Jacob | $375,000 | First American |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Copeland Tauschia Elizabeth | $716,000 | |
| Previous Owner | Bliss James Baxter | $357,651 | |
| Previous Owner | Stum William C | $511,000 | |
| Previous Owner | Gabrielson Jacob | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/07/2022 03/07/22 | Sold | $895,000 | +3.5% | $342 / Sq Ft | |
| 02/03/2022 02/03/22 | Pending | -- | -- | -- | |
| 01/27/2022 01/27/22 | For Sale | $865,000 | +106.0% | $330 / Sq Ft | |
| 12/18/2012 12/18/12 | Sold | $420,000 | -14.3% | $160 / Sq Ft | View Prior Sale |
| 09/21/2012 09/21/12 | Pending | -- | -- | -- | |
| 03/07/2012 03/07/12 | For Sale | $490,000 | -- | $187 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $9,577 | $945,000 | $944,000 | $1,000 |
| 2023 | $8,981 | $902,000 | $872,000 | $30,000 |
| 2022 | $7,788 | $957,000 | $845,000 | $112,000 |
| 2021 | $8,432 | $800,000 | $779,000 | $21,000 |
| 2020 | $8,281 | $833,000 | $481,000 | $352,000 |
| 2018 | $7,509 | $820,000 | $481,000 | $339,000 |
| 2017 | $6,519 | $728,000 | $437,000 | $291,000 |
| 2016 | $6,251 | $651,000 | $417,000 | $234,000 |
| 2015 | $5,149 | $611,000 | $392,000 | $219,000 |
| 2014 | -- | $511,000 | $270,000 | $241,000 |
| 2013 | -- | $439,000 | $235,000 | $204,000 |
Source: Public Records
Agents Affiliated with this Home
-
JJ Paz
-
Aly Tibbetts
A
Buyer's Agent in 2022
Aly Tibbetts
Latitude Regenerative R.E.
(206) 886-8212
1 in this area
30 Total Sales
-
Nancy Chapin
Seller's Agent in 2012
Nancy Chapin
Windermere Corporate
(206) 459-2464
98 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1879076
APN: 928170-0035
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID
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