Seller's Agent in 2020
Amanda Mannila
John L Scott
(402) 981-6573
2 in this area
40 Total Sales
Listed by John L. Scott, Inc, Bought with Keller Williams Eastside
234 Williams Ave N Renton, WA 98057
Central Renton NeighborhoodEstimated Value: $479,000 - $544,538
2
Beds
2
Baths
15,540
Sq Ft
$34/Sq Ft
Est. Value
Highlights
- RV Access or Parking
- Corner Lot
- Wood Siding
- 1.61 Acre Lot
- Partially Fenced Property
- Wall to Wall Carpet
About This Home
As of November 2020Very Unique Opportunity! 16 units comprising of 7 SFR's, 3 Duplexes and a Triplex. Sale includes 10 tax parcels covering a flat 1.6 acres in desirable Downtown Renton. This is an AMAZING investment and the potential is huge. Most units currently rented; 2019 actual cap rate was 4.8% including vacancies and below market rent, Proforma cap just about 6%. Finish square footage and turn 16 units into 19 units, or fix-up and flip! Up-zoning likely in 2028. One of a kind property, come see it today!
Last Agent to Sell the Property
John L. Scott, Inc License #118146 Listed on: 08/20/2020
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1618793
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $41,076
Year Built
- Built in 1920
Lot Details
- 1.61 Acre Lot
- Partially Fenced Property
- Corner Lot
Home Design
- Brick Exterior Construction
- Pillar, Post or Pier Foundation
- Poured Concrete
- Composition Roof
- Wood Siding
- Stucco
Interior Spaces
- 15,540 Sq Ft Home
- 2-Story Property
Flooring
- Wall to Wall Carpet
- Vinyl
Parking
- 17 Parking Spaces
- 2 Covered Spaces
- Open Parking
- RV Access or Parking
Additional Features
- Outbuilding
- Heat Pump System
Community Details
- Downtown Subdivision
Listing and Financial Details
- Assessor Parcel Number 7226500060
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 20, 2020
Closed on
Nov 23, 2020
Sold by
Repp Wilbur L
Bought by
Wilbur S Bloc Llc
Seller's Agent
Amanda Mannila
John L. Scott, Inc
Buyer's Agent
Danny Nunes
Keller Williams Eastside
List Price
$4,750,000
Sold Price
$3,800,000
Premium/Discount to List
-$950,000
-20%
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
-$3,277,821
Avg. Annual Appreciation
-33.81%
Purchase Details
Listed on
Aug 20, 2020
Closed on
Oct 20, 2020
Sold by
Repp Bernadine A
Bought by
Repp Wilbur L
Seller's Agent
Amanda Mannila
John L. Scott, Inc
Buyer's Agent
Danny Nunes
Keller Williams Eastside
List Price
$4,750,000
Sold Price
$3,800,000
Premium/Discount to List
-$950,000
-20%
Purchase Details
Closed on
Sep 26, 1988
Sold by
Baskin Derald C and Baskin Marlin J
Bought by
Repp Wilbur L and Repp Bernadine A
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wilbur S Bloc Llc | $3,800,000 | Chicago Title | |
| Repp Wilbur L | $313 | None Listed On Document | |
| Repp Wilbur L | $82,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wilbur S Bloc Llc | $2,660,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/24/2020 11/24/20 | Sold | $3,800,000 | -9.5% | $245 / Sq Ft |
| 10/06/2020 10/06/20 | Pending | -- | -- | -- |
| 09/29/2020 09/29/20 | Price Changed | $4,200,000 | -6.7% | $270 / Sq Ft |
| 09/15/2020 09/15/20 | Price Changed | $4,500,000 | -5.3% | $290 / Sq Ft |
| 08/20/2020 08/20/20 | For Sale | $4,750,000 | -- | $306 / 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 | $4,946 | $481,000 | $321,000 | $160,000 |
| 2023 | $4,506 | $431,000 | $176,000 | $255,000 |
| 2022 | $4,288 | $465,000 | $186,000 | $279,000 |
| 2021 | $3,871 | $382,000 | $154,000 | $228,000 |
| 2020 | $3,765 | $329,000 | $136,000 | $193,000 |
| 2018 | $3,464 | $305,000 | $136,000 | $169,000 |
| 2017 | $2,880 | $262,000 | $115,000 | $147,000 |
| 2016 | $2,591 | $213,000 | $98,000 | $115,000 |
| 2015 | $2,236 | $195,000 | $90,000 | $105,000 |
| 2014 | -- | $176,000 | $80,000 | $96,000 |
| 2013 | -- | $146,000 | $73,000 | $73,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
D
Buyer's Agent in 2020
Danny Nunes
Keller Williams Eastside
(425) 785-6750
1 in this area
33 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1618793
APN: 722650-0060
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Based on information submitted to the MLS GRID
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