NOT LISTED FOR SALE

Estimated Value: $1,851,681

4 Beds
2 Baths
2,760 Sq Ft
$671/Sq Ft Est. Value

Last Sold May 22, 2019

Last sale price $1,355,000 $491 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $11,165/month

11 Days on Market

Highlights

  • Territorial View
  • Wood Siding
  • 5-minute walk to Ballard Playground
  • Adams Elementary School Rated A
  • Wall to Wall Carpet

About This Home

As of May 2019

Great Mid-Century Fourplex in high demand Central Ballard! 4,700 Sq.Ft. lot with desirable LR1 zoning. Bright and spacious 2 bedroom, 1 bath units, each with its own washer/dryer. Unit 1 completely remodeled, including kitchen and hardwood floors. Alley access with off-street parking. Great for owner occupied, investment or development.

Co-Listed By

Garrett Kaiser

RE/MAX Northwest License #94065

RE/MAX Northwest

Last Buyer's Agent

Alex Madkour

COMPASS License #120296

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1438534

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,521

Year Built

  • Built in 1961

Lot Details

  • 4,700 Sq Ft Lot

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,760 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Community Details

  • Ballard Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4242900240

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,521

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1961
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2760
  • Special Features: None
  • Cumulative Days on Market: 352

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Alley, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Quadruplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Seattle City Light
  • SewerCompany: Seattle Public Utilities
  • WaterCompany: Seattle Public Utilities
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 4242900240
  • Lot Size Acres: 0.1079
  • Lot Size Sq Ft: 4700
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Tax Records

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 17
  • LeasedItems: None
  • TotalMonthlyIncome: 6287

Multi Family

  • Gross Scheduled Income: 75444
  • Number Of Units Total: 4
  • Leasable Area: 2760
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2018
  • Tax Annual Amount: 9521

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2023
Sold by
Abdelfattah Abouhamra Mohamed Ahmed
Bought by
Fargo Living Trust
Current Estimated Value
$1,851,681

Purchase Details

Listed on
Apr 12, 2019
Closed on
May 13, 2019
Sold by
Tussing Maya Lis and Adkinson Darren M
Bought by
Mohamed Abouhamra
Buyer's Agent
Alex Madkour
COMPASS
List Price
$1,300,000
Sold Price
$1,355,000
Premium/Discount to List
$55,000
4.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.60%
Original Mortgage
$1,084,000
Interest Rate
4.1%

Purchase Details

Closed on
Jul 22, 2010
Sold by
Adkinson Darren M and Tussing Maya Lis
Bought by
Tussing Maya Lis and Adkinson Darren M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
4.65%

Purchase Details

Closed on
Nov 15, 2009
Sold by
Tussing Maya Lis
Bought by
Adkinson Darren M and Tussing Maya Lis

Purchase Details

Closed on
Sep 3, 2004
Sold by
Rau Kenyon H and Rau Linda J
Bought by
Tussing Maya L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,960
Interest Rate
6.06%

Purchase Details

Closed on
Sep 14, 1994
Sold by
Sefrioui Faouzi and Sefrioui Taraneh
Bought by
Rau Kenyon H and Rau Linda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
8.37%

Purchase Details

Closed on
Mar 31, 1994
Sold by
Muirhead George L and Muirhead Shirley N
Bought by
Muirhead George L and Muirhead Shirley N
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Fargo Living Trust -- --
Mohamed Abouhamra $1,355,000 First American Title
Tussing Maya Lis -- Commonwealth L
Adkinson Darren M -- None Available
Tussing Maya L $584,950 Chicago Title
Rau Kenyon H $315,000 Old Republic Title Ltd
Muirhead George L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mohamed Abouhamra $1,084,000
Previous Owner Tussing Maya L $461,000
Previous Owner Tussing Maya Lis $475,000
Previous Owner Tussing Maya L $467,960
Previous Owner Rau Kenyon H $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2019 05/22/19 Sold $1,355,000 +4.2% $491 / Sq Ft
04/23/2019 04/23/19 Pending -- -- --
04/12/2019 04/12/19 For Sale $1,300,000 -- $471 / 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 $12,318 $1,244,000 $963,500 $280,500
2023 $12,803 $1,325,000 $963,500 $361,500
2022 $11,473 $1,286,000 $963,500 $322,500
2021 $12,320 $1,218,000 $963,500 $254,500
2020 $11,692 $1,251,000 $916,500 $334,500
2018 $9,521 $1,013,000 $681,500 $331,500
2017 $7,782 $939,000 $587,500 $351,500
2016 $6,729 $788,000 $493,500 $294,500
2015 $5,968 $673,000 $399,500 $273,500
2014 -- $610,000 $352,500 $257,500
2013 -- $578,000 $352,500 $225,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1438534

Northwest Multiple Listing Service (NWMLS)

APN: 424290-0240