NOT LISTED FOR SALE

Estimated Value: $1,635,753 - $2,000,000

5 Beds
4 Baths
3,292 Sq Ft
$569/Sq Ft Est. Value

Last Sold March 09, 2012

Last sale price $1,060,000 $322 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $11,181/month

141 Days on Market

Highlights

  • Lake View
  • Deck
  • Thermal Windows
  • John Hay Elementary School Rated A
  • Wood Flooring
  • 3-minute walk to Thomas C. Wales Park

About This Home

As of March 2012

Exceptional turn key 4 unit. Panoramic lake,city,mtn views. One of kind opportunity for a hassle free owner occup. or investment. Top flr penthouse -2bd/1bth, 2 add. units-1 bed/bath. Non conform. bsment-1bd/1bth. View decks/patios, meticulous maint. Major renovation in 2000. New foundation, seismic, water, roof, all elec., plumbing. kitchens, wood floors, tile baths, insul. windows, radiant heat, gas dryers/ranges, in-unit laundry. On bus/bike routes, near South Lake Union. vac. rate under 1%.

Last Buyer's Agent

Darcy Breene

Windermere Real Estate Co. License #98134

Windermere Real Estate Co.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 273661

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,084

Year Built

  • Built in 2000

Lot Details

  • 5,220 Sq Ft Lot
  • Partially Fenced Property
  • Property is in very good condition

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,292 Sq Ft Home
  • 4-Story Property
  • Thermal Windows

Flooring

  • Wood
  • Wall to Wall Carpet
  • Concrete
  • Ceramic Tile

Parking

  • 1 Parking Space
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cable TV Available

Community Details

  • Queen Anne Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1929300720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,084

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 2000
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 3292
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Concrete, Hardwood, Carpet
  • Interior Amenities: Ceramic Tile, Concrete, Hardwood, Wall to Wall Carpet
  • Stories: 4
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,Fire Sprinklers,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Lake, Mountain(s), Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Total Parking Spaces: 1
  • ParkingUncoveredSpaces: 1

Utilities

  • Sewer: Sewer Connected
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: Seattle City Light
  • SewerCompany: Seattle Public Utilities
  • WaterCompany: Seattle Public Utilities
  • WaterSewerGarbage: 3808

Fee Information

  • Annual Fuel Expense: 1459

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 1929300720
  • Lot Size Acres: 0.1198
  • Lot Size Sq Ft: 5220
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available,Patio
  • ZoningClass: Multi-Family

Green Features

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

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 5995

Multi Family

  • Gross Scheduled Income: 71940
  • Net Operating Income: 54932
  • Number Of Units Total: 4
  • Electric Expense: 249
  • Insurance Expense: 1476
  • Leasable Area: 3000
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: true
  • VacancyRate: 1

Tax Info

  • Year: 2010
  • Tax Annual Amount: 6084

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2018
Sold by
Vonhagel Markus J and Von Hagel Andrea D
Bought by
Ferrelli Tony and Ferrelli Amanda
Current Estimated Value
$1,874,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$890,000
Outstanding Balance
$771,486
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$1,016,755

Purchase Details

Listed on
Sep 12, 2011
Closed on
Mar 5, 2012
Sold by
Jost Richard J and Jost Stacy
Bought by
I R C Section 1031 Tax Deferred Exchange and Vonhagel Markus J
Buyer's Agent
Darcy Breene
Windermere Real Estate Co.
List Price
$1,195,000
Sold Price
$1,060,000
Premium/Discount to List
-$135,000
-11.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.94%
Original Mortgage
$742,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 1998
Sold by
Scott James Harley
Bought by
Jost Richard J and Thomas Stacy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,600
Interest Rate
7.01%
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
Ferrelli Tony $1,550,000 First American Title Insuran
I R C Section 1031 Tax Deferred Exchange $1,060,000 Chicago Title
Jost Richard J $294,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferrelli Tony $890,000
Previous Owner I R C Section 1031 Tax Deferred Exchange $742,000
Previous Owner Jost Richard J $264,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2012 03/09/12 Sold $1,060,000 -11.3% $322 / Sq Ft
02/01/2012 02/01/12 Pending -- -- --
09/12/2011 09/12/11 For Sale $1,195,000 -- $363 / 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 $15,372 $1,591,000 $773,000 $818,000
2023 $15,094 $1,592,000 $773,000 $819,000
2022 $15,193 $1,723,000 $818,000 $905,000
2021 $14,533 $1,652,000 $1,007,000 $645,000
2020 $15,101 $1,500,000 $925,000 $575,000
2018 $13,301 $1,553,000 $988,000 $565,000
2017 $11,904 $1,343,000 $854,000 $489,000
2016 $8,596 $1,242,000 $793,000 $449,000
2015 $7,040 $866,000 $585,000 $281,000
2014 -- $722,000 $468,000 $254,000
2013 -- $698,000 $442,000 $256,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 273661

Northwest Multiple Listing Service (NWMLS)

APN: 192930-0720