NOT LISTED FOR SALE

2522 NE 195th St Lake Forest Park, WA 98155

Ballinger Neighborhood

Estimated Value: $1,384,353 - $1,387,000

-- Bed
-- Bath
4,432 Sq Ft
$313/Sq Ft Est. Value

Last Sold April 07, 2017

Last sale price $886,000 $200 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $8,781/month

1 Day on Market

Highlights

  • Territorial View
  • Wall to Wall Carpet
  • 4-minute walk to Brugger's Bog Park
  • Lake Forest Park Elementary School Rated A-

About This Home

As of April 2017

Fantastic opportunity to own a very well-maintained 4-plex (four 2BR/1.5BA/1108sqft townhomes in tandem) at full occupancy! New roof installed in May 2012. Upgrades in Unit 1 and 2 include: Newer interior paint, carpet/laminate floor, Kitchen remodel/appliances. Unit 3 features newer interior paint/carpet. Each unit has own in-unit laundry closet, back patios with newer fences and 1 attached storage. 6 parking. Easy access to I-5, 104, public transit – close to shopping, restaurants, and parks!

Last Listed By

Grace Lin

Prolink Realty, LLC License #99985 Listed on: 03/11/2017

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1087310

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,337

Year Built

  • Built in 1979

Lot Details

  • 7,277

Home Design

  • Quadruplex
  • Poured Concrete
  • Bitumen Roof
  • Stucco

Interior Spaces

  • 4,432 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Schools

  • Lake Forest Park Ele Elementary School
  • Albert Einstein Mid Middle School
  • Shorecrest High School

Additional Features

  • 7,277 Sq Ft Lot
  • Cable TV Available

Community Details

  • Shoreline Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4022901112

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,337

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1979
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4432
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 267

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Torch Down
  • View: Territorial
  • View: Yes
  • Waterfront: No
  • Exterior Features: Stucco
  • Foundation Details: Poured Concrete
  • Property Condition: Fair
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: Seattle City Light
  • SewerCompany: North City water District
  • WaterCompany: North City water District
  • WaterSewerGarbage: 6413

Schools

  • Junior High Dist: Shoreline
  • High School: Shorecrest High
  • Middle Or Junior School: Albert Einstein Mid

Lot Info

  • Parcel Number: 4022901112
  • Lot Size Acres: 0.1671
  • Lot Size Sq Ft: 7277
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV
  • MLSLotSizeSource: Relist
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 4715

Multi Family

  • Gross Scheduled Income: 56140
  • Net Operating Income: 30249
  • Number Of Units Total: 4
  • Insurance Expense: 1665
  • Leasable Area: 4432
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2016
  • Tax Annual Amount: 9337

MLS Schools

  • Elementary School: Lake Forest Park Ele

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2017
Closed on
Mar 28, 2017
Sold by
Chiu Su Rung and Chiu Carol
Bought by
Tao Jun and Tao Li
Seller's Agent
Grace Lin
Prolink Realty, LLC
Buyer's Agent
Bryan Koehler
Best Choice Realty LLC
List Price
$865,000
Sold Price
$886,000
Premium/Discount to List
$21,000
2.43%
Total Days on Market
1
Current Estimated Value
$1,385,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$499,677
Avg. Annual Appreciation
5.96%

Purchase Details

Closed on
Feb 22, 2012
Sold by
Liang Li Hung
Bought by
Chiu Su Rung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.25%

Purchase Details

Closed on
Nov 7, 2011
Sold by
Waymaker Llc
Bought by
Chiu Su Rung and Chiu Carol

Purchase Details

Closed on
Nov 20, 2009
Sold by
Granberg Syd G
Bought by
Waymaker Llc

Purchase Details

Closed on
Mar 11, 2005
Sold by
Gustafson Philip and Sommerfeld Michael L
Bought by
Granberg Syd G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,400
Interest Rate
7.62%

Purchase Details

Closed on
Feb 29, 2000
Sold by
Klein Casper K
Bought by
Sommerfeld Earl L and Sommerfeld Virginia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,750
Interest Rate
8.26%

Purchase Details

Closed on
Aug 7, 1992
Sold by
Horvath Frank and Horvath Barbara
Bought by
Jarvis Craig M and Jarvis Lorraine M

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
Tao Jun $886,000 First American
Chiu Su Rung -- Ticor National
Chiu Su Rung -- None Available
Waymaker Llc $407,200 Rainier Title
Granberg Syd G $428,000 Fidelity Natio
Sommerfeld Earl L $372,500 Stewart Title
Jarvis Craig M $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chiu Su Rung $180,000
Previous Owner Granberg Syd G $342,400
Previous Owner Sommerfeld Earl L $260,750
Closed Granberg Syd G $64,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2017 04/07/17 Sold $886,000 +2.4% $200 / Sq Ft
03/13/2017 03/13/17 Pending -- -- --
03/11/2017 03/11/17 For Sale $865,000 -- $195 / 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 $12,302 $1,025,000 $327,400 $697,600
2023 $11,572 $1,054,000 $349,200 $704,800
2022 $12,744 $1,017,000 $305,600 $711,400
2021 $14,483 $1,031,000 $276,500 $754,500
2020 $14,261 $1,092,000 $276,500 $815,500
2018 $11,150 $946,000 $247,400 $698,600
2017 $9,546 $848,000 $247,400 $600,600
2016 $9,337 $758,000 $240,100 $517,900
2015 -- $724,000 $218,300 $505,700
2014 -- $580,000 $254,600 $325,400
2013 -- $633,000 $254,600 $378,400
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2017

    Grace Lin

    Prolink Realty, LLC

    (425) 241-3367

    28 Total Sales

    Grace Lin
    Section Image
  • Donald Tsai

    Seller Co-Listing Agent in 2017

    Donald Tsai

    Prolink Realty, LLC

    (424) 891-8383

    40 Total Sales

    Donald Tsai
    Section Image
  • Bryan Koehler

    Buyer's Agent in 2017

    Bryan Koehler

    Best Choice Realty Brokerage

    (425) 387-9745

    37 Total Sales

    Bryan Koehler
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1087310

Northwest Multiple Listing Service (NWMLS)

APN: 402290-1112

Washington King County Lake Forest Park 98155 Ballinger

2522 NE 195th St, Lake Forest Park, WA

Homes for Sale in Lake Forest Park, WA

This home is located at 2522 NE 195th St, Lake Forest Park, WA 98155 since 11 March 2017 and is currently estimated at $1,385,677, approximately $312 per square foot. This property was built in 1979. 2522 NE 195th St is a home located in King County with nearby schools including Lake Forest Park Elementary School, Kellogg Middle School, and Shorecrest High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.

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