Listed by KW Greater Seattle, Bought with John L. Scott, Inc.
NOT LISTED FOR SALE

Estimated Value: $940,000

6 Beds
7 Baths
3,010 Sq Ft
$312/Sq Ft Est. Value

Last Sold February 25, 2015

Last sale price $320,000 $106 Per Sq Ft

Est. 194% increase in value since last sale

Current estimated payment $5,498/month

166 Days on Market

About This Home

As of February 2015

7.1% CAP Great long term tenants room to raise rents updated units. Charming legal 5-plex located in idyllic turn of the century neighborhood blocks from I-5, Hwy 2, & train walking distance to QFC and downtown. Two well maintained buildings situated on oversized lot. The main building is 3 units and features a classic Foursquare design, newer Cedar siding, bay windows w/original architectural details.The second building has a cottage feel and offers two additional units. View with discretion

Last Agent to Sell the Property

Kaela Valdes

KW Greater Seattle License #26344 Listed on: 08/19/2014

KW Greater Seattle

Last Buyer's Agent

Lori Bixler

John L. Scott, Inc. License #104603

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 679365

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,496

Year Built

  • Built in 1910

Lot Details

  • 6,098 Sq Ft Lot
  • Property is in average condition

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,010 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • Open Parking

Utilities

  • Natural Gas Connected

Community Details

  • Everett Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00437857100900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,496

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1910
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3010
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Property Condition: Average
  • Structure Type: Multi Family

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric, Natural Gas Connected

Schools

  • Junior High Dist: Everett

Lot Info

  • Parcel Number: 00437857100900
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6098
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: reallist
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10
  • LeasedItems: None
  • TotalMonthlyIncome: 3052

Tax Info

  • Year: 2014
  • Tax Annual Amount: 3496

Multi Family

  • Number Of Units Total: 5
  • Electric Expense: 725
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2018
Sold by
Jones Jeremy D and Jones Nicholas
Bought by
F & S Investments Llc
Current Estimated Value
$940,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,331,625
Outstanding Balance
$1,173,264
Interest Rate
4.9%
Mortgage Type
Commercial
Estimated Equity
-$233,264

Purchase Details

Listed on
Aug 19, 2014
Closed on
Feb 24, 2015
Sold by
Lukov David B and Lukov Mary L
Bought by
Negash Meron D
Seller's Agent
Kaela Valdes
KW Greater Seattle
Buyer's Agent
Lori Bixler
John L. Scott, Inc.
List Price
$359,000
Sold Price
$320,000
Premium/Discount to List
-$39,000
-10.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.42%
Original Mortgage
$302,911
Interest Rate
3.6%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 19, 2014
Closed on
Feb 17, 2015
Sold by
Blubaugh Mark R and Lee Hyun S
Bought by
Jones Jeremy D and Jones Nicholas B
Seller's Agent
Kaela Valdes
KW Greater Seattle
Buyer's Agent
Lori Bixler
John L. Scott, Inc.
List Price
$359,000
Sold Price
$320,000
Premium/Discount to List
-$39,000
-10.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,911
Interest Rate
3.6%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 30, 2003
Sold by
Langer Mark and Langer Mary
Bought by
Blubaugh Mark R and Lee Hyun S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 2001
Sold by
Hunt Kevin C and Hunt Jacqueline
Bought by
Langer Mark and Langer Mary

Purchase Details

Closed on
Apr 3, 1998
Sold by
Folger Tom S and Folger Mary E
Bought by
Hunt Kevin C and Hunt Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,400
Interest Rate
7.07%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
F & S Investments Llc $1,775,500 First American Title
Negash Meron D $308,500 Fidelity National Title
Jones Jeremy D $320,000 Fidelity National Title
Blubaugh Mark R $285,000 Chicago Title
Langer Mark $257,500 First American
Hunt Kevin C $206,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open F & S Investments Llc $1,331,625
Previous Owner Negash Meron D $302,911
Previous Owner Jones Jeremy D $173,400
Previous Owner Blubaugh Mark R $220,000
Previous Owner Hunt Kevin C $185,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2015 02/25/15 Sold $320,000 -10.9% $106 / Sq Ft
02/02/2015 02/02/15 Pending -- -- --
08/19/2014 08/19/14 For Sale $359,000 -- $119 / 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
2025 $7,060 $830,500 $331,400 $499,100
2024 $7,060 $822,035 $325,700 $496,335
2023 $4,943 $602,000 $302,000 $300,000
2022 $4,669 $510,000 $218,400 $291,600
2020 $5,164 $460,000 $182,600 $277,400
2019 $4,573 $410,000 $176,900 $233,100
2018 $4,381 $360,000 $129,700 $230,300
2017 $3,910 $320,000 $118,000 $202,000
2016 $3,603 $310,000 $112,400 $197,600
2015 $1,820 $295,000 $106,900 $188,100
2013 $3,496 $250,000 $106,900 $143,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 679365

Northwest Multiple Listing Service (NWMLS)

APN: 004378-571-009-00