Listed by Windermere Real Estate Midtown, Bought with Lake & Company
NOT LISTED FOR SALE

Estimated Value: $1,199,000 - $1,357,000

4 Beds
2 Baths
2,250 Sq Ft
$576/Sq Ft Est. Value

Last Sold May 10, 2021

Last sale price $1,150,000 $511 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $7,689/month

7 Days on Market

Highlights

  • Views of a Sound
  • RV Access or Parking
  • Engineered Wood Flooring
  • Coe Elementary School Rated A
  • Deck
  • 3-minute walk to Soundview Terrace

About This Home

As of May 2021

Enjoy views of Puget Sound in this beautifully updated legal duplex in sought after Queen Anne. Currently rented as duplex but could be owner occupied with rental or Airbnb income, great options! Both units have 2 bedrooms + large office space that could be a 3rd bedroom and one full bath. Totally remodeled with new cabinets, Quartz countertops & stainless steel appliances. Great light from large western facing windows, spacious living area and dining room, cozy fireplace and sparkling flooring throughout. Huge patio/courtyard area for relaxing and entertaining, 2 covered parking spaces and amazing location with easy access to Queen Anne, downtown, I-5, hwy 99 & public transportation.

Last Agent to Sell the Property

Nancy Williams

Windermere Real Estate Midtown License #15921 Listed on: 05/03/2021

Windermere Real Estate Midtown

Last Buyer's Agent

Claudine Fleury

Lake & Company License #77018

Lake & Company

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1767287

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,416

Year Built

  • Built in 1958

Lot Details

  • 5,000 Sq Ft Lot
  • Partially Fenced Property

Property Views

  • Views of a Sound
  • Bay
  • Golf Course
  • Mountain
  • Territorial

Home Design

  • Duplex
  • Poured Concrete
  • Bitumen Roof
  • Wood Siding
  • Stone Siding
  • Vinyl Construction Material

Interior Spaces

  • 2,250 Sq Ft Home
  • 2-Story Property

Flooring

  • Engineered Wood
  • Laminate
  • Ceramic Tile
  • Vinyl Plank

Parking

  • 2 Parking Spaces
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cable TV Available

Community Details

  • Queen Anne Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2770604190

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,416

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1958
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2250
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Engineered Hardwood, Laminate, Vinyl Plank
  • Interior Amenities: Ceramic Tile, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Torch Down
  • View: Bay, Golf Course, Mountain(s), Sound, Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl, Stone, Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: Seattle Public Utilities
  • SewerCompany: Seattle Public Utilities
  • WaterCompany: Seattle Public Utilities
  • WaterSewerGarbage: 2400

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 2770604190
  • Lot Size Acres: 0.1148
  • Lot Size Sq Ft: 5000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Patio,RV Parking
  • MLSLotSizeSource: KCR
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 21
  • LeasedItems: None
  • TotalMonthlyIncome: 4595

Multi Family

  • Gross Scheduled Income: 55140
  • Net Operating Income: 42224
  • Number Of Units Total: 2
  • Insurance Expense: 1100
  • Leasable Area: 2250
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 9416

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2021
Closed on
Jun 3, 2021
Sold by
Mcelroy Douglas F and Mcelroy Toni M
Bought by
Lau Aurora and Lau Vincent
Seller's Agent
Nancy Williams
Windermere Real Estate Midtown
Buyer's Agent
Claudine Fleury
Lake & Company
List Price
$1,150,000
Sold Price
$1,150,000
Current Estimated Value
$1,295,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,437
Avg. Annual Appreciation
1.82%
Original Mortgage
$690,000
Outstanding Balance
$631,471
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$612,366

Purchase Details

Closed on
Aug 19, 1999
Sold by
Mcelroy West G and Mcelroy Adoree J
Bought by
Mcelroy Douglas F and Mcelroy Toni M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,250
Interest Rate
7.56%
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
Lau Aurora $1,150,000 Ticor Title
Mcelroy Douglas F $315,000 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lau Aurora $690,000
Previous Owner Mcelroy Douglas F $260,000
Previous Owner Mcelroy Douglas $90,000
Previous Owner Mcelroy Douglas F $236,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2021 05/10/21 Sold $1,150,000 0.0% $511 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
05/03/2021 05/03/21 For Sale $1,150,000 -- $511 / 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 $9,445 $952,000 $945,000 $7,000
2023 $9,350 $952,000 $945,000 $7,000
2022 $9,268 $1,031,000 $1,000,000 $31,000
2021 $9,416 $976,000 $881,000 $95,000
2020 $9,759 $945,000 $809,000 $136,000
2018 $8,296 $914,000 $864,000 $50,000
2017 $7,427 $816,000 $747,000 $69,000
2016 $7,270 $755,000 $694,000 $61,000
2015 $5,965 $724,000 $701,000 $23,000
2014 -- $604,000 $561,000 $43,000
2013 -- $567,000 $530,000 $37,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1767287

Northwest Multiple Listing Service (NWMLS)

APN: 277060-4190