Seller's Agent in 2021
Robert Carper
Berkshire Hathaway HomeServices Northwest Real Estate
(253) 222-0831
1 in this area
70 Total Sales
Listed by Berkshire Hathaway HS NW, Bought with RE/MAX All City
2348 48th Ave SW Seattle, WA 98116
North Admiral NeighborhoodEstimated Value: $1,022,122 - $1,313,000
5
Beds
3
Baths
2,050
Sq Ft
$546/Sq Ft
Est. Value
Highlights
- Territorial View
- Property is in very good condition
- Wall to Wall Carpet
- Alki Elementary School Rated A-
- Wood Siding
- 4-minute walk to College Street Ravine
About This Home
As of April 2021Investment time! West Seattle Triplex. Two units have 2 bedrooms and 1 bath, One unit has 1 bedroom and 1 bath. Newer roof (3 years) Newer Windows, 2 New Hot Water Heaters, New Electrical panels, New exterior Paint. Rents total $3800 with room to move up. Tenants pay utilities, on site coin laundry and each unit has storage. Walking distance to Admiral shopping, Alki Beach, and many parks. Long term renters in place on Month to Month. Avg 2 bds rent in area is $1800, 1 bd rent is $1400.
Last Agent to Sell the Property
Berkshire Hathaway HS NW License #75073 Listed on: 04/24/2020
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1593518
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,388
Year Built
- Built in 1960
Lot Details
- 6,120 Sq Ft Lot
- Property is in very good condition
Home Design
- Triplex
- Brick Exterior Construction
- Poured Concrete
- Composition Roof
- Wood Siding
Interior Spaces
- 2,050 Sq Ft Home
- 2-Story Property
- Territorial Views
Flooring
- Wall to Wall Carpet
- Vinyl
Parking
- 6 Parking Spaces
- Open Parking
Utilities
- Cable TV Available
Community Details
- Admiral Subdivision
Listing and Financial Details
- Assessor Parcel Number 9281700075
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 24, 2020
Closed on
Apr 9, 2021
Sold by
Adams Janice R and Khan Mohammad
Bought by
Morales Eduardo C and Morales Camerina
Seller's Agent
Robert Carper
Berkshire Hathaway HS NW
Buyer's Agent
Mike Fuchigami
RE/MAX All City
List Price
$1,000,000
Sold Price
$850,000
Premium/Discount to List
-$150,000
-15%
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
$268,781
Avg. Annual Appreciation
6.34%
Original Mortgage
$536,000
Outstanding Balance
$483,943
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$634,838
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 |
|---|---|---|---|
| Morales Eduardo C | $850,000 | Equity Title Of Wa Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Morales Eduardo C | $536,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/15/2021 04/15/21 | Sold | $850,000 | -8.1% | $415 / Sq Ft |
| 05/14/2020 05/14/20 | Pending | -- | -- | -- |
| 05/09/2020 05/09/20 | Price Changed | $925,000 | -7.5% | $451 / Sq Ft |
| 04/24/2020 04/24/20 | For Sale | $1,000,000 | -- | $488 / 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 | $9,557 | $945,000 | $944,000 | $1,000 |
| 2023 | $8,980 | $904,000 | $872,000 | $32,000 |
| 2022 | $7,789 | $959,000 | $845,000 | $114,000 |
| 2021 | $8,445 | $802,000 | $779,000 | $23,000 |
| 2020 | $8,295 | $836,000 | $468,000 | $368,000 |
| 2018 | $7,525 | $823,000 | $468,000 | $355,000 |
| 2017 | $6,536 | $731,000 | $425,000 | $306,000 |
| 2016 | $6,269 | $654,000 | $405,000 | $249,000 |
| 2015 | $5,140 | $614,000 | $381,000 | $233,000 |
| 2014 | -- | $511,000 | $270,000 | $241,000 |
| 2013 | -- | $439,000 | $235,000 | $204,000 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Carper
-
Darren Monson
D
Seller Co-Listing Agent in 2021
Darren Monson
Terry Wise & Associates
(253) 606-5112
1 in this area
12 Total Sales
-
Mike Fuchigami
Buyer's Agent in 2021
Mike Fuchigami
RE/MAX All City
(206) 244-6000
1 in this area
24 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1593518
APN: 928170-0075
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Based on information submitted to the MLS GRID
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