NOT LISTED FOR SALE

2606 E Thomas St Seattle, WA 98112

Madison Valley Neighborhood

Estimated Value: $1,378,000 - $1,787,668

-- Bed
-- Bath
2,950 Sq Ft
$539/Sq Ft Est. Value

Last Sold July 08, 2015

Last sale price $1,175,000 $398 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $10,867/month

4 Days on Market

Highlights

  • City View
  • Thermal Windows
  • Wood Siding
  • McGilvra Elementary School Rated A
  • Partially Fenced Property
  • 2-minute walk to Julia Lee's Park

About This Home

As of July 2015

Newer construction in Madison Valley! As-built 4-plex with secure entrance, secure parking under building, all units have decks, dish washers, clothes W/D. Views of Madison valley from both 2 bedroom units and walking distance to acclaimed Madison Valley shops and restaurants. Open floor plans, lots of light. Room for rent increases with cosmetic upgrades.

Last Agent to Sell the Property

Paul Waln

Skyline Properties, Inc. License #21001225 Listed on: 05/27/2015

Skyline Properties, Inc.

Last Buyer's Agent

Paul Waln

Skyline Properties, Inc. License #21001225 Listed on: 05/27/2015

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 794220

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,538

Year Built

  • Built in 1989

Lot Details

  • 3,845 Sq Ft Lot
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,950 Sq Ft Home
  • 3-Story Property
  • Thermal Windows
  • City Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 5 Parking Spaces
  • 5 Covered Spaces

Utilities

  • Cable TV Available

Community Details

  • Madison Street Addition To The City Of Seattle Condos
  • Madison Valley Subdivision

Listing and Financial Details

  • Legal Lot and Block 22 & 23 / 14
  • Assessor Parcel Number 5016000895

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,538

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1989
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Madison Street Addition to the City of Seattle
  • New Construction: No
  • CalculatedSquareFootage: 2950
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: 3% SOC
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: City
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 5
  • Open Parking: No
  • Total Parking Spaces: 5

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 5016000895
  • Lot Size Acres: 0.0883
  • Lot Size Sq Ft: 3845
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially
  • MLSLotSizeSource: KCR
  • ZoningClass: Multi-Family
  • LotNumber: 22 & 23

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 17
  • LeasedItems: None
  • TotalMonthlyIncome: 5195

Tax Info

  • Year: 2014
  • Tax Annual Amount: 7538

Multi Family

  • Number Of Units Total: 4
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2015
Closed on
Jul 1, 2015
Sold by
Katagiri Daigo and Katagiri Reggie
Bought by
Morris Andrew and Morris Lynne
Seller's Agent
Paul Waln
Skyline Properties, Inc.
Buyer's Agent
Paul Waln
Skyline Properties, Inc.
List Price
$1,100,000
Sold Price
$1,175,000
Premium/Discount to List
$75,000
6.82%
Current Estimated Value
$1,896,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$721,173
Avg. Annual Appreciation
2.93%
Original Mortgage
$801,950
Outstanding Balance
$628,573
Interest Rate
4.01%
Estimated Equity
$962,650

Purchase Details

Listed on
May 27, 2015
Closed on
Jun 30, 2015
Sold by
Morris Sandra Gene and Morris Kenneth
Bought by
Morris Kennetth
Seller's Agent
Paul Waln
Skyline Properties, Inc.
Buyer's Agent
Paul Waln
Skyline Properties, Inc.
List Price
$1,100,000
Sold Price
$1,175,000
Premium/Discount to List
$75,000
6.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$801,950
Outstanding Balance
$628,573
Interest Rate
4.01%
Estimated Equity
$962,650

Purchase Details

Closed on
Jan 18, 2008
Sold by
Severin David J and Nodell Cynthia G
Bought by
Katagiri Daigo and Katagiri Reggie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$626,500
Interest Rate
6.09%

Purchase Details

Closed on
Oct 26, 1989
Sold by
Lodwig Construction
Bought by
Severin David J and Nodell Cynthia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Morris Andrew $1,175,000 Cw Title Co
Morris Kennetth -- Cw Title Co
Katagiri Daigo $895,000 Chicago Title
Severin David J $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Andrew $801,950
Closed Morris Kennetth $801,950
Previous Owner Katagiri Daigo $626,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2015 07/08/15 Sold $1,175,000 +6.8% $398 / Sq Ft
06/01/2015 06/01/15 Pending -- -- --
05/27/2015 05/27/15 For Sale $1,100,000 -- $373 / 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 $11,535 $1,194,000 $1,046,200 $147,800
2023 $11,491 $1,366,000 $1,046,200 $319,800
2022 $12,604 $1,356,000 $794,300 $561,700
2021 $15,723 $1,376,000 $794,300 $581,700
2020 $16,179 $1,643,000 $794,300 $848,700
2018 $13,281 $1,383,000 $658,700 $724,300
2017 $11,577 $1,353,000 $581,200 $771,800
2016 $8,880 $1,218,000 $310,000 $908,000
2015 -- $906,000 $310,000 $596,000
2014 -- $791,000 $310,000 $481,000
2013 -- $710,000 $310,000 $400,000
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2015

    Paul Waln

    Skyline Properties, Inc

    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 794220

Northwest Multiple Listing Service (NWMLS)

APN: 501600-0895

Washington King County Seattle 98112 Madison Valley

2606 E Thomas St, Seattle, WA

Not Listed for Sale

MultiFamily

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) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

Nearby Homes