Listed by Windermere Real Estate Co., Bought with Windermere Real Estate Co.
NOT LISTED FOR SALE

Estimated Value: $1,093,000 - $1,279,000

-- Bed
-- Bath
3,200 Sq Ft
$379/Sq Ft Est. Value

Last Sold July 17, 2014

Last sale price $565,000 $177 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $7,423/month

33 Days on Market

Highlights

  • RV Access or Parking
  • Wood Flooring
  • High Speed Internet
  • Jane Addams Middle School Rated A-
  • Thermal Windows
  • Partially Fenced Property

About This Home

As of July 2014

stop-paying ballard-prices &make REAL RETURN w/ this Stylish '54 Vaulted: all 4 Units super clean, #2525 older colors sure yet #2521 smashing Maple Kitchen & Custom Tile Bath; #2523 & #2527 shiny new flrs, 1950's two tone tile & many extra's. Exc upkeep inside & out, original systems all good, all 4 Gas FA heat, new roof 2006 exc cond, all double windows. Market Rents $4700/m, actual June 2014 $2605/m due to long term owner & tenants, Garage & #2521 now vacant.

Last Agent to Sell the Property

Matthew Townsend

Windermere Real Estate Co. License #9599 Listed on: 05/09/2014

Windermere Real Estate Co.

Last Buyer's Agent

Casey Holme

Windermere Real Estate Co. License #104217

Windermere Real Estate Co.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 633050

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,656

Year Built

  • Built in 1954

Lot Details

  • 5,250 Sq Ft Lot
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Parking

  • 3 Parking Spaces
  • 1 Covered Space
  • RV Access or Parking

Utilities

  • High Speed Internet

Community Details

  • Victory Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8902500111

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,656

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1954
  • Buyer Agency Compensation: 3.0
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3200
  • Special Features: None
  • Cumulative Days on Market: 374

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate, See Remarks
  • Interior Amenities: Forced Air, Ceramic Tile, Hardwood, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,See Remarks,Storage,Thermal Windows

Exterior Features

  • Roof: See Remarks, Torch Down
  • Lot Features: Alley, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking: No
  • Parking Features: RV Parking
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Security: FullyFenced
  • Utilities: High Speed Internet, Natural Gas Available, Sewer Connected, Natural Gas Connected
  • PowerCompany: Seattle
  • SewerCompany: Seattle
  • WaterCompany: Seattle
  • WaterSewerGarbage: 4509

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 8902500111
  • Lot Size Acres: 0.1205
  • Lot Size: Creative - see plat map
  • Lot Size Sq Ft: 5250
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Gas Available,High Speed Internet,RV Parking
  • ZoningClass: Multi-Family

Green Features

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

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 4700

Multi Family

  • Gross Scheduled Income: 56400
  • Net Operating Income: 40087
  • Number Of Units Total: 4
  • Electric Expense: 406
  • Insurance Expense: 1102
  • Leasable Area: 3000
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2014
  • Tax Annual Amount: 4656

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2014
Closed on
Jul 10, 2014
Sold by
Lindsay Donna G and Lindsay Peter S
Bought by
Love Ian N and Love Cyrus D
Seller's Agent
Matthew Townsend
Windermere Real Estate Co.
Buyer's Agent
Casey Holme
Windermere Real Estate Co.
List Price
$599,900
Sold Price
$565,000
Premium/Discount to List
-$34,900
-5.82%
Current Estimated Value
$1,211,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$646,879
Avg. Annual Appreciation
7.73%
Original Mortgage
$423,750
Interest Rate
4.1%

Purchase Details

Closed on
Apr 27, 2001
Sold by
Lindsay Donna G
Bought by
Lindsay Peter S and Lindsay Donna G
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
Love Ian N $565,000 Cw Title Co
Lindsay Peter S -- Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Love Ian N $515,000
Closed Love Ian N $423,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2014 07/17/14 Sold $565,000 -5.8% $177 / Sq Ft
06/12/2014 06/12/14 Pending -- -- --
05/09/2014 05/09/14 For Sale $599,900 -- $187 / 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 $9,458 $907,000 $570,000 $337,000
2023 $9,012 $1,023,000 $540,000 $483,000
2022 $8,876 $991,000 $558,000 $433,000
2021 $8,879 $902,000 $540,000 $362,000
2020 $8,418 $862,000 $510,000 $352,000
2018 $7,544 $790,000 $390,000 $400,000
2017 $7,036 $717,000 $390,000 $327,000
2016 $5,682 $693,000 $390,000 $303,000
2015 $4,465 $553,000 $390,000 $163,000
2014 -- $439,000 $390,000 $49,000
2013 -- $418,000 $360,000 $58,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 633050

Northwest Multiple Listing Service (NWMLS)

APN: 890250-0111