Listed by RE/MAX Northwest, Bought with RE/MAX Northwest
NOT LISTED FOR SALE

Estimated Value: $1,169,000 - $1,743,696

4 Beds
3 Baths
3,060 Sq Ft
$468/Sq Ft Est. Value

Last Sold January 29, 2015

Last sale price $800,000 $261 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $8,846/month

10 Days on Market

Highlights

  • Lake View
  • Deck
  • Thermal Windows
  • Montlake Elementary School Rated A
  • Softwood Flooring
  • 3-minute walk to I-5 Bike Park

About This Home

As of January 2015

Eastlake Triplex with European flare and fabulous expansive views of Lake Union, Downtown Seattle and the Space Needle! Upper two bedroom unit would be a fantastic owner unit. Long term tenants in lower units. Full, unfinished basement for storage and each unit has its own washer and dryer. 4 tandem off-street parking spaces, walk score of 74! Very walkable!

Last Agent to Sell the Property

Charles Cady

RE/MAX Northwest License #45644 Listed on: 09/17/2014

RE/MAX Northwest

Last Buyer's Agent

Mike Peters

RE/MAX Northwest License #35802

RE/MAX Northwest

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 696719

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,349

Year Built

  • Built in 1907

Lot Details

  • 3,200 Sq Ft Lot

Property Views

  • Lake
  • City

Home Design

  • Triplex
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,060 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Softwood
  • Ceramic Tile

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Montlake Elementary School
  • Wash Mid Middle School
  • Garfield High School

Community Details

  • Eastlake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2902200076

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,349

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1907
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3060
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 368

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Softwood
  • Interior Amenities: Ceramic Tile, Fir/Softwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: City, Lake
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Stucco
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Natural Gas Available, Sewer Connected, Electric
  • WaterSewerGarbage: 3545

Schools

  • Junior High Dist: Seattle
  • High School: Garfield High
  • Middle Or Junior School: Wash Mid

Lot Info

  • Parcel Number: 2902200076
  • Lot Size Acres: 0.0735
  • Lot Size Sq Ft: 3200
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Gas Available,Patio
  • MLSLotSizeSource: Tax records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 18
  • LeasedItems: None
  • TotalMonthlyIncome: 3700

Multi Family

  • Gross Scheduled Income: 44400
  • Net Operating Income: 32676
  • Number Of Units Total: 3
  • Electric Expense: 250
  • Insurance Expense: 1580
  • Leasable Area: 2423
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2014
  • Tax Annual Amount: 6349

MLS Schools

  • Elementary School: Montlake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2015
Sold by
Yao Eric S and Chun Yeh I
Bought by
East Hill Llc
Current Estimated Value
$1,430,674

Purchase Details

Listed on
Sep 17, 2014
Closed on
Jan 28, 2015
Sold by
Morozzo Linda M
Bought by
Yao Eric S and Chun Yeh I
Seller's Agent
Charles Cady
RE/MAX Northwest
Buyer's Agent
Mike Peters
RE/MAX Northwest
List Price
$825,000
Sold Price
$800,000
Premium/Discount to List
-$25,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.64%
Original Mortgage
$600,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2002
Sold by
Furrer Bruce A
Bought by
Morozzo Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,570
Interest Rate
8.99%

Purchase Details

Closed on
Feb 11, 1991
Sold by
Kern Elizabeth J
Bought by
Furrer Bruce A (Tr)
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
East Hill Llc -- None Available
Yao Eric S $800,000 Rainier Title
Morozzo Linda M $404,200 Pacific Nw Title
Furrer Bruce A (Tr) -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yao Eric S $600,000
Previous Owner Morozzo Linda M $115,000
Previous Owner Morozzo Linda M $567,000
Previous Owner Morozzo Linda M $100,000
Previous Owner Morozzo Linda M $525,000
Previous Owner Morozzo Linda M $343,570
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2015 01/29/15 Sold $800,000 -3.0% $261 / Sq Ft
09/28/2014 09/28/14 Pending -- -- --
09/17/2014 09/17/14 For Sale $825,000 -- $270 / 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 $12,604 $1,305,000 $1,140,000 $165,000
2023 $13,084 $1,235,000 $1,086,000 $149,000
2022 $12,255 $1,547,000 $845,000 $702,000
2021 $12,064 $1,332,000 $728,000 $604,000
2020 $12,300 $1,246,000 $683,000 $563,000
2018 $10,977 $1,283,000 $702,000 $581,000
2017 $9,820 $1,109,000 $607,000 $502,000
2016 $7,104 $1,025,000 $564,000 $461,000
2015 $5,822 $716,000 $322,000 $394,000
2014 -- $597,000 $258,000 $339,000
2013 -- $604,000 $244,000 $360,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 696719

Northwest Multiple Listing Service (NWMLS)

APN: 290220-0076