NOT LISTED FOR SALE

Estimated Value: $1,682,000 - $2,371,296

6 Beds
2 Baths
3,910 Sq Ft
$504/Sq Ft Est. Value

Last Sold January 03, 2019

Last sale price $930,000 $238 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $11,832/month

154 Days on Market

Highlights

  • Territorial View
  • Wood Flooring
  • Patio
  • Montlake Elementary School Rated A
  • Thermal Windows
  • High Speed Internet

About This Home

As of January 2019

Huge Price Drop!! Duplex in heart of Montlake. A great opportunity to own a duplex in highly desirable Montlake neighborhood. Top 2 floor units are both open and bright, hardwood floors, wood burning fireplace, 3 bedrooms, spacious kitchens and tons of charm. Electrical updates, 2 car garage and professionally landscaped yard. Close to UW, Capitol Hill, shopping and parks.

Last Agent to Sell the Property

Keith Bruce

Sound Point Real Estate LLC License #11018 Listed on: 05/08/2018

Sound Point Real Estate LLC

Last Buyer's Agent

Heidi Drake

Berkshire Hathaway HS NW License #27363

Berkshire Hathaway HS NW

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1288016

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,916

Year Built

  • Built in 1947

Lot Details

  • 5,000 Sq Ft Lot
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 3,910 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Pikes 2Nd Add To Union City Condos
  • Montlake Subdivision

Listing and Financial Details

  • Legal Lot and Block 10 / 24
  • Assessor Parcel Number 6788200925

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,916

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1947
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Pikes 2nd Add To Union City
  • New Construction: No
  • CalculatedSquareFootage: 3910
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour
  • Cumulative Days on Market: 391

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Forced Air, Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: City of Seattle
  • SewerCompany: City of Seattle
  • WaterCompany: City of Seattle
  • WaterSewerGarbage: 2500

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Fee Information

  • Annual Fuel Expense: 500

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 6788200925
  • Lot Size Acres: 0.1148
  • Lot Size Sq Ft: 5000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family
  • LotNumber: 10

Green Features

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

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 41
  • LeasedItems: None
  • TotalMonthlyIncome: 4000

Multi Family

  • Gross Scheduled Income: 48000
  • Net Operating Income: 24484
  • Number Of Units Total: 2
  • Electric Expense: 1400
  • Insurance Expense: 1200
  • Leasable Area: 3910
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 8916

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2018
Closed on
Dec 26, 2018
Sold by
Lee Dan T
Bought by
Lestrange Patrick J and Drake Elizabeth E
Seller's Agent
Keith Bruce
Sound Point Real Estate LLC
Buyer's Agent
Heidi Drake
Berkshire Hathaway HS NW
List Price
$1,295,000
Sold Price
$930,000
Premium/Discount to List
-$365,000
-28.19%
Total Days on Market
154
Current Estimated Value
$1,972,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,042,099
Avg. Annual Appreciation
12.38%
Original Mortgage
$744,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2004
Sold by
Lee Dan T and Lee Myrna K
Bought by
Astro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
5.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2004
Sold by
Astro and Lee Dan T
Bought by
Lee Dan T and Lee Myrna K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
5.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2003
Sold by
Lee Dan T and Lee Myrna K
Bought by
Astro and Lee Dan T

Purchase Details

Closed on
Mar 14, 1994
Sold by
Lee Dan T and Lee Myrna K
Bought by
Astro

Purchase Details

Closed on
Sep 2, 1993
Sold by
Astro and Lee Dan T
Bought by
Lee Dan T and Lee Myrna K

Purchase Details

Closed on
Dec 29, 1992
Sold by
Lee Dan T and Lee Myrna K
Bought by
Astro
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
Lestrange Patrick J $930,000 Fidelity National Title
Astro -- Fidelity Natio
Lee Dan T -- Fidelity Natio
Astro -- Pacific Nw Tit
Astro -- --
Lee Dan T -- --
Astro -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lestrange Patrick J $966,000
Closed Lestrange Patrick $972,500
Closed Lestrange Patrick $980,000
Closed Lestrange Patrick J $744,000
Previous Owner Lee Dan T $457,500
Previous Owner Lee Dan T $490,000
Previous Owner Lee Dan T $490,000
Previous Owner Lee Dan T $292,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2019 01/03/19 Sold $930,000 -25.6% $238 / Sq Ft
10/09/2018 10/09/18 Pending -- -- --
09/10/2018 09/10/18 Price Changed $1,250,000 -3.5% $320 / Sq Ft
08/10/2018 08/10/18 For Sale $1,295,000 +39.2% $331 / Sq Ft
08/03/2018 08/03/18 Off Market $930,000 -- --
06/28/2018 06/28/18 Pending -- -- --
06/22/2018 06/22/18 Price Changed $1,295,000 -7.2% $331 / Sq Ft
05/08/2018 05/08/18 For Sale $1,395,000 -- $357 / 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 $16,396 $1,708,000 $954,000 $754,000
2023 $15,361 $1,616,000 $909,000 $707,000
2022 $15,351 $1,934,000 $693,000 $1,241,000
2021 $14,807 $1,665,000 $597,000 $1,068,000
2020 $13,875 $1,524,000 $560,000 $964,000
2018 $12,054 $1,394,000 $576,000 $818,000
2017 $8,916 $1,209,000 $505,000 $704,000
2016 $8,342 $916,000 $420,000 $496,000
2015 $7,189 $837,000 $382,000 $455,000
2014 -- $736,000 $319,000 $417,000
2013 -- $770,000 $304,000 $466,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1288016

Northwest Multiple Listing Service (NWMLS)

APN: 678820-0925