Listed by Coldwell Banker Danforth, Bought with COMPASS
NOT LISTED FOR SALE

Estimated Value: $1,318,000 - $1,590,386

3 Beds
3 Baths
2,550 Sq Ft
$575/Sq Ft Est. Value

Last Sold August 10, 2017

Last sale price $1,200,000 $471 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $8,870/month

9 Days on Market

Highlights

  • Lake View
  • Deck
  • Patio
  • John Hay Elementary School Rated A
  • Thermal Windows
  • Ceramic Tile Flooring

About This Home

As of August 2017

Queen Anne neighborhood view Duplex w/ development options. Spectacular Lake Union Views in both units w/ numerous highly desirable tenant features. Spacious 2bed-1.5bath Upper Unit & 1bed-1bath Lower Annex Unit built in 1983. W/D, Dishwasher, 800+sqft view patio and Lower annex unit private deck. 3 secured garage parking spaces with storage. Great owner-occupy investment or package with 2462 Dexter Ave N 6-UNIT bldg also offered for sale.

Last Agent to Sell the Property

Gary McMann

Coldwell Banker Danforth License #80722 Listed on: 03/28/2017

Coldwell Banker Danforth

Co-Listed By

Aaron Locke

The Foundation Group LLC License #107646

Last Buyer's Agent

Erich Bubbel

COMPASS License #117941

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1096444

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,815

Year Built

  • Built in 1921

Lot Details

  • 3,850 Sq Ft Lot
  • Street terminates at a dead end
  • Dog Run
  • Property is Fully Fenced
  • Property is in good condition

Property Views

  • Lake
  • City
  • Mountain
  • Territorial

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Tile Roof
  • Bitumen Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,550 Sq Ft Home
  • 3-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 3 Parking Spaces
  • 3 Covered Spaces

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Hunters Lake Union Condos
  • Queen Anne Subdivision

Listing and Financial Details

  • Legal Lot and Block 12 / 13
  • Assessor Parcel Number 3528900955

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,815

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1921
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Hunters Lake Union
  • New Construction: No
  • CalculatedSquareFootage: 2550
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: See Remarks
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage,Thermal Windows

Exterior Features

  • Roof: Tile, Torch Down
  • View: City, Lake, Mountain(s), Territorial
  • Lot Features: Dead End Street, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Open Parking: No
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: Seattle City Light
  • SewerCompany: Seattle Public Utilities
  • WaterCompany: Seattle Public Utilities
  • WaterSewerGarbage: 1986

Schools

  • Junior High Dist: Seattle
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 3528900955
  • Lot Size Acres: 0.0884
  • Lot Size Sq Ft: 3850
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Dog Run,Fenced-Fully,High Speed Internet,Outbuildings,Patio
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: See Remarks
  • LotNumber: 12

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 22
  • LeasedItems: None
  • TotalMonthlyIncome: 4530

Multi Family

  • Gross Scheduled Income: 55080
  • Net Operating Income: 45255
  • Number Of Units Total: 2
  • Insurance Expense: 1024
  • Leasable Area: 2550
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2016
  • Tax Annual Amount: 6815

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2017
Closed on
Aug 10, 2017
Sold by
Knapp Thomas F and Knapp Dianne J
Bought by
Tac Investments Llc
Seller's Agent
Gary McMann
Coldwell Banker Danforth
Buyer's Agent
Erich Bubbel
COMPASS
List Price
$1,200,000
Sold Price
$1,200,000
Current Estimated Value
$1,467,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,347
Avg. Annual Appreciation
2.48%
Original Mortgage
$1,805,000
Outstanding Balance
$1,502,871
Interest Rate
3.88%
Mortgage Type
Negative Amortization
Estimated Equity
-$35,524

Purchase Details

Closed on
Aug 25, 2010
Sold by
Lakeside Partnership Llc
Bought by
Knapp Thomas F and Knapp Dianne L

Purchase Details

Closed on
May 2, 2005
Sold by
Skotheim Robert and Santoro James M
Bought by
Lakeside Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
5.87%

Purchase Details

Closed on
Nov 30, 2001
Sold by
Santoro James and Skotheim Robert
Bought by
Santoro Mollie Skotheim
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Tac Investments Llc $3,562,800 First American Title Ins Co
Knapp Thomas F -- Accommodation
Lakeside Partners Llc $650,000 Pacific Nw Tit
Santoro Mollie Skotheim -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tac Investments Llc $1,805,000
Previous Owner Lakeside Partners Llc $487,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2017 08/10/17 Sold $1,200,000 0.0% $471 / Sq Ft
04/07/2017 04/07/17 Pending -- -- --
03/28/2017 03/28/17 For Sale $1,200,000 -- $471 / 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 $14,089 $1,468,000 $808,000 $660,000
2023 $13,421 $1,469,000 $808,000 $661,000
2022 $10,761 $1,590,000 $856,000 $734,000
2021 $10,304 $1,164,000 $885,000 $279,000
2020 $11,340 $1,057,000 $813,000 $244,000
2018 $9,835 $1,150,000 $868,000 $282,000
2017 $8,849 $990,000 $751,000 $239,000
2016 $6,816 $921,000 $698,000 $223,000
2015 $5,594 $687,000 $466,000 $221,000
2014 -- $574,000 $373,000 $201,000
2013 -- $537,000 $352,000 $185,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1096444

Northwest Multiple Listing Service (NWMLS)

APN: 352890-0955