Listed by Keller Williams Seattle Metro, Bought with Redfin
NOT LISTED FOR SALE

Estimated Value: $1,232,000 - $1,543,000

5 Beds
2 Baths
3,070 Sq Ft
$440/Sq Ft Est. Value

Last Sold May 19, 2016

Last sale price $697,000 $227 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $8,022/month

6 Days on Market

Highlights

  • Corner Lot
  • Thermal Windows
  • Wall to Wall Carpet
  • Alki Elementary School Rated A-
  • Wood Siding
  • 4-minute walk to Alki Playground and Whale Tale Park

About This Home

As of May 2016

Super location at Alki and steps to the beach. Side by side units with finished basements and garages. Unit 2485 has new carpet throughout, fresh paint, new stove and newer dishwasher, tile bath. Both units have rec room. Additional finished room in 2483 being used as 3rd bedrm also has extra 1/2 bath. Great property and great opportunity to live by the beach and have a tenant help with the payments.

Last Agent to Sell the Property

R D Bianchi

Keller Williams Seattle Metro License #12133 Listed on: 04/21/2016

Keller Williams Seattle Metro

Last Buyer's Agent

Julie Granahan

Redfin License #104855

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 929233

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,919

Year Built

  • Built in 1956

Lot Details

  • 5,278 Sq Ft Lot
  • Lot Dimensions are 151x83x127
  • Corner Lot
  • Sprinkler System
  • Property is in good condition

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Built-Up Roof
  • Wood Siding

Interior Spaces

  • 3,070 Sq Ft Home
  • 1-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces

Schools

  • Alki Elementary School
  • Madison Mid Middle School
  • West Seattle High School

Utilities

  • Cable TV Available

Community Details

  • Alki Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6372000330

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,919

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1956
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3070
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,Thermal Windows

Exterior Features

  • Roof: Built-Up
  • Lot Features: Alley, Corner Lot, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: No
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Natural Gas Connected
  • PowerCompany: City Light
  • SewerCompany: Seattle
  • WaterCompany: Seattle
  • WaterSewerGarbage: 2220

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Seattle
  • High School: West Seattle High
  • Middle Or Junior School: Madison Mid

Lot Info

  • Parcel Number: 6372000330
  • Lot Size Acres: 0.1212
  • Lot Size: 151x83x127
  • Lot Size Sq Ft: 5278
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Gas Available,Sprinkler System
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

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

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 3450

Multi Family

  • Gross Scheduled Income: 41400
  • Net Operating Income: 31559
  • Number Of Units Total: 2
  • Insurance Expense: 702
  • Leasable Area: 3070
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2016
  • Tax Annual Amount: 6919

MLS Schools

  • Elementary School: Alki

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2016
Closed on
May 17, 2016
Sold by
W & D Nelson Investments Limited Partner
Bought by
Greenwald Howard and Davis Ramalee
Seller's Agent
R D Bianchi
Keller Williams Seattle Metro
Buyer's Agent
Julie Granahan
Redfin
List Price
$650,000
Sold Price
$697,000
Premium/Discount to List
$47,000
7.23%
Current Estimated Value
$1,349,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$652,443
Avg. Annual Appreciation
7.30%

Purchase Details

Closed on
Jan 24, 1997
Sold by
Lehman Michael and Cloke Stanley S
Bought by
W & D Nelson Investments Ltd Partnership
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
Greenwald Howard $697,000 First American
W & D Nelson Investments Ltd Partnership $250,100 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2016 05/19/16 Sold $697,000 +7.2% $227 / Sq Ft
04/28/2016 04/28/16 Pending -- -- --
04/21/2016 04/21/16 For Sale $650,000 -- $212 / 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 $10,410 $1,057,000 $940,000 $117,000
2023 $10,517 $1,081,000 $868,000 $213,000
2022 $9,118 $1,147,000 $841,000 $306,000
2021 $8,485 $959,000 $775,000 $184,000
2020 $8,337 $845,000 $556,000 $289,000
2018 $7,560 $832,000 $555,000 $277,000
2017 $7,215 $739,000 $504,000 $235,000
2016 $6,919 $732,000 $480,000 $252,000
2015 $6,020 $687,000 $451,000 $236,000
2014 -- $610,000 $310,000 $300,000
2013 -- $524,000 $270,000 $254,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 929233

Northwest Multiple Listing Service (NWMLS)

APN: 637200-0330