NOT LISTED FOR SALE

Estimated Value: $826,000 - $1,078,000

8 Beds
4 Baths
4,040 Sq Ft
$245/Sq Ft Est. Value

Last Sold December 29, 2016

Last sale price $580,000 $144 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $6,132/month

18 Days on Market

Highlights

  • Bay View
  • Thermal Windows
  • Wood Siding
  • Corner Lot
  • Ceramic Tile Flooring
  • 4-minute walk to Parkside Park

About This Home

As of December 2016

YOUR LUCK - buyer backed out! Great location!! Well-maintained, fully rented "cash cow" 4-Plex! All units include dishwasher AND washer & dryer. Top 3 units are all approx 950 sq ft = 2 beds & 1 bath; lg 1200 sq ft basement unit with 3 beds, 1 bath. 3 covered parking spots & 4 uncovered parking spots. Separate electric meters. Bus line 1 block away, easy access to everywhere & minutes to light rail, freeways & airport. No For Sale sign on Property. Please do not disturb our valuable tenants!

Last Agent to Sell the Property

Marti Reeder

John L. Scott, Inc. License #26072 Listed on: 10/21/2016

John L. Scott, Inc.

Last Buyer's Agent

Donna McCampbell

RE/MAX Northwest License #16864

RE/MAX Northwest

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1045164

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,183

Year Built

  • Built in 1965 | Remodeled

Lot Details

  • 9,600 Sq Ft Lot
  • Corner Lot

Property Views

  • Bay
  • Limited

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 4,040 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Parking

  • 7 Parking Spaces
  • Open Parking

Community Details

  • Highline Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3600600036

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,183

Year Built

Built in 1965 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Accessibility Features: Other
  • Year Built: 1965
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4040
  • Special Features: None
  • Cumulative Days on Market: 281

Interior Features

  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Bay, Partial
  • Lot Features: Corner Lot, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 3
  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 7
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: Midway
  • WaterCompany: Highline
  • WaterSewerGarbage: 1791

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Highline

Lot Info

  • Parcel Number: 3600600036
  • Lot Size Acres: 0.2204
  • Lot Size Sq Ft: 9600
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Disabled Access
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10
  • LeasedItems: None
  • TotalMonthlyIncome: 3700

Multi Family

  • Gross Scheduled Income: 56400
  • Net Operating Income: 43853
  • Number Of Units Total: 6
  • Insurance Expense: 1253
  • Leasable Area: 4040
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2015
  • Tax Annual Amount: 5183

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2016
Closed on
Dec 21, 2016
Sold by
Mcadams Ii Lennon James and Shaw Pamela G
Bought by
Sayre Andre
Seller's Agent
Marti Reeder
John L. Scott, Inc.
Buyer's Agent
Donna McCampbell
RE/MAX Northwest
List Price
$574,950
Sold Price
$580,000
Premium/Discount to List
$5,050
0.88%
Total Days on Market
18
Current Estimated Value
$989,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$409,436
Avg. Annual Appreciation
7.41%
Original Mortgage
$431,250
Interest Rate
3.94%

Purchase Details

Closed on
Mar 1, 2014
Sold by
Mcadams Lennon J and Shaw Pamela G
Bought by
Mcadam Ii Lennon James and Shaw Pamela G

Purchase Details

Closed on
Apr 30, 2011
Sold by
Mcadams Lennon J
Bought by
Mcadams Lennoon J and Shaw Pamela G

Purchase Details

Closed on
Dec 30, 2010
Sold by
Eastside Funding Llc
Bought by
Mcadams Ii Lennon J

Purchase Details

Closed on
Dec 23, 2010
Sold by
Nguyen Dale D
Bought by
Mcadams Ii Lennon J and Eastside Funding Llc

Purchase Details

Closed on
Apr 26, 2005
Sold by
Nguyen Hanh
Bought by
Nguyen Dale D

Purchase Details

Closed on
Feb 24, 2004
Sold by
Nguyen Bien
Bought by
Nguyen Hanh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
5.61%

Purchase Details

Closed on
May 13, 2002
Sold by
Nguyen Jeannie T L
Bought by
Nguyen Vang C and Nguyen Tuyet Trinh T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,620
Interest Rate
7.13%

Purchase Details

Closed on
Jul 10, 1998
Sold by
Moore Ralph W and Moore Kerran S
Bought by
Nguyen Jeannie T L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.9%
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 Buyer Sale Price Title Company
Sayre Andre $580,000 Rainier Title
Mcadam Ii Lennon James -- Rainier Title
Mcadams Shaw Family Trust -- None Available
Mcadams Lennoon J -- None Available
Mcadams Ii Lennon J -- None Available
Mcadams Ii Lennon J $120,001 None Available
Nguyen Dale D $78,420 Ticor National
Nguyen Hanh -- Old Republic T
Nguyen Hanh $110,000 Old Republic T
Nguyen Vang C $147,500 Transnation Title Insurance
Nguyen Jeannie T L $170,000 Commonwealth Land Title Ins
Nguyen Jeannie T L -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sayre Andre $700,000
Closed Sayre Andre $431,250
Previous Owner Mcadams Lennon J $280,000
Previous Owner Nguyen Dale D $204,500
Previous Owner Nguyen Dale D $84,500
Previous Owner Nguyen Hanh $88,000
Previous Owner Nguyen Vang C $110,620
Previous Owner Nguyen Jeannie T L $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2016 12/29/16 Sold $580,000 +0.9% $144 / Sq Ft
11/09/2016 11/09/16 Pending -- -- --
11/08/2016 11/08/16 Price Changed $574,950 0.0% $142 / Sq Ft
11/08/2016 11/08/16 For Sale $574,950 +4.5% $142 / Sq Ft
10/26/2016 10/26/16 Pending -- -- --
10/21/2016 10/21/16 For Sale $549,950 -- $136 / 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 $10,567 $891,000 $200,000 $691,000
2023 $10,091 $870,000 $150,000 $720,000
2022 $10,116 $883,000 $130,000 $753,000
2021 $10,017 $780,000 $120,000 $660,000
2020 $9,310 $733,000 $120,000 $613,000
2018 $7,163 $557,000 $85,000 $472,000
2017 $5,969 $477,000 $80,000 $397,000
2016 $5,886 $398,000 $80,000 $318,000
2015 -- $401,000 $80,000 $321,000
2014 -- $348,000 $80,000 $268,000
2013 -- $379,000 $67,000 $312,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1045164

Northwest Multiple Listing Service (NWMLS)

APN: 360060-0036