Listed by Real Broker LLC, Bought with Alchemy Real Estate
$1,050,000
SOLD JUN 28, 2016
-- Bed
-- Bath
3,670 Sq Ft
5,750 Sq Ft Lot

Recently Sold

$286 Per Sq Ft

11% Below List Price

93 Days on Market

Highlights

  • Mountain View
  • Deck
  • Thermal Windows
  • Lafayette Elementary School Rated A-
  • Wood Flooring
  • 5-minute walk to California Place Park

About This Home

As of February 2018

Classic North Admiral Brick Tudor Tri-Plex; Solid Investment Opportunity with Development Potential. Buy and hold as-is, or use existing plans and permits to short plat and build zero lot line townhomes to sell off separately. Front Duplex Building: both units are 3 bedrooms, 2 bath w/ 2 stories & finished basements. Rear Building: 3 car garage with 1 bedroom 1 bath unit above. High demand rental with zero vacancy. You’ve got a lot of versatility to work with in this great property!

Last Agent to Sell the Property

Charles Burnett

Real Broker LLC License #50261 Listed on: 06/09/2015

Co-Listed By

Nicholas Vilvandre'

Keller Williams Downtown Sea License #107068

Last Buyer's Agent

Gabe Rosenshine

Alchemy Real Estate License #13753

Alchemy Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 797967

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,079

Year Built

  • Built in 1930

Lot Details

  • 5,750 Sq Ft Lot
  • Partially Fenced Property

Property Views

  • Mountain
  • Limited

Home Design

  • Triplex
  • Brick Exterior Construction
  • Poured Concrete
  • Shake Roof
  • Wood Siding

Interior Spaces

  • 3,670 Sq Ft Home
  • 3-Story Property
  • Thermal Windows

Flooring

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

Parking

  • 6 Parking Spaces
  • 3 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cable TV Available

Community Details

  • North Admiral Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6379500165

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,079

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1930
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3670
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 431

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Cedar Shake
  • View: Mountain(s), Partial
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • WaterSewerGarbage: 3700

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 6379500165
  • Lot Size Acres: 0.132
  • Lot Size Sq Ft: 5750
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available,Patio
  • MLSLotSizeSource: realist
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 19
  • LeasedItems: None
  • TotalMonthlyIncome: 5195

Multi Family

  • Gross Scheduled Income: 62340
  • Net Operating Income: 49361
  • Number Of Units Total: 3
  • Insurance Expense: 1200
  • Leasable Area: 3670
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2014
  • Tax Annual Amount: 8079

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2024
Sold by
Moen Claire and Rabish Margaret
Bought by
Furman Kelsey and Bradshaw Colin
Current Estimated Value
$814,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$779,964
Outstanding Balance
$773,526
Interest Rate
7.1%
Mortgage Type
FHA
Estimated Equity
$59,224

Purchase Details

Closed on
Mar 10, 2022
Sold by
Conrad Mark J
Bought by
Moen Claire and Rabish Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$449,900
Interest Rate
3.92%
Mortgage Type
Balloon

Purchase Details

Listed on
Jan 4, 2018
Closed on
Jan 17, 2018
Sold by
Sensa Homes Lp
Bought by
Conrad Mark J
Seller's Agent
Tom Skepetaris
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Rosalina Bunao
Windermere RE/Capitol Hill,Inc
List Price
$650,000
Sold Price
$650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.37%
Original Mortgage
$633,330
Interest Rate
3.99%
Mortgage Type
VA

Purchase Details

Listed on
Jun 9, 2015
Closed on
Jun 18, 2016
Sold by
Moran Richard Gordon and Orozco Alvin N
Bought by
Sensa Homes Lp
Seller's Agent
Charles Burnett
Real Broker LLC
Buyer's Agent
Gabe Rosenshine
Alchemy Real Estate
List Price
$1,185,000
Sold Price
$1,050,000
Premium/Discount to List
-$135,000
-11.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-25.62%
Original Mortgage
$1,131,929
Interest Rate
3.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 2015
Sold by
Moran Richard and Orozco Alvin
Bought by
Prs Development Inc

Purchase Details

Closed on
Oct 1, 2012
Sold by
Mile High Investments Llc
Bought by
Moran Richard Gordon and Orozco Alvin N

Purchase Details

Closed on
May 7, 2007
Sold by
Moran Richard Gordon and Orozco Alvin N
Bought by
Mile High Investments Llc

Purchase Details

Closed on
May 5, 2006
Sold by
Orozco Darcy
Bought by
Orozco Alvin N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$643,500
Interest Rate
3%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 3, 2006
Sold by
Tschample C John and Walker John Stephen
Bought by
Moran Richard Gordon and Orozco Alvin N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$643,500
Interest Rate
3%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 2, 2006
Sold by
Walker John Stephen and John Tschample C
Bought by
The C John Tschample & John Stephen Walk

Purchase Details

Closed on
Jul 7, 2004
Sold by
Malagon Beverly J
Bought by
Walker John S and John Tschample C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $820,000 First American Title
Warranty Deed $749,900 None Listed On Document
Warranty Deed $620,000 Old Republic Title Ltd
Warranty Deed $1,050,000 Old Republic T
Contract Of Sale -- Old Republic Title Ltd
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- Commonwealth L
Quit Claim Deed -- Commonwealth L
Warranty Deed $858,000 Commonwealth L
Interfamily Deed Transfer -- None Available
Warranty Deed $641,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $779,964 FHA
Previous Owner $449,900 Balloon
Previous Owner $622,095 VA
Previous Owner $616,747 VA
Previous Owner $633,330 VA
Previous Owner $1,131,929 Purchase Money Mortgage
Previous Owner $643,500 Negative Amortization
Previous Owner $415,000 Unknown
Previous Owner $415,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2018 02/09/18 Sold $650,000 0.0% $445 / Sq Ft
01/13/2018 01/13/18 Pending -- -- --
01/04/2018 01/04/18 For Sale $650,000 -38.1% $445 / Sq Ft
06/28/2016 06/28/16 Sold $1,050,000 -11.4% $286 / Sq Ft
09/11/2015 09/11/15 Pending -- -- --
06/09/2015 06/09/15 For Sale $1,185,000 -- $323 / 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 $7,454 $783,000 $278,000 $505,000
2023 $6,235 $729,000 $257,000 $472,000
2022 $6,455 $739,000 $249,000 $490,000
2021 $4,971 $706,000 $230,000 $476,000
2020 $4,898 $511,000 $255,000 $256,000
2018 $4,494 $508,000 $255,000 $253,000
2017 $9,013 $452,000 $232,000 $220,000
2016 $8,662 $415,300 $148,300 $267,000
2015 $8,363 $869,000 $520,000 $349,000
2014 -- $861,000 $438,000 $423,000
2013 -- $752,000 $381,000 $371,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 797967

Northwest Multiple Listing Service (NWMLS)

APN: 637950-0165