NOT LISTED FOR SALE

Estimated Value: $818,000 - $938,000

2 Beds
2 Baths
1,350 Sq Ft
$636/Sq Ft Est. Value

Last Sold August 13, 2021

Last sale price $1,164,000 $862 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $5,440/month

7 Days on Market

Highlights

  • Territorial View
  • Wood Flooring
  • 1-Story Property
  • Adams Elementary School Rated A
  • Wood Siding
  • 4-minute walk to Thyme Patch Park

About This Home

As of August 2021

Excellent location for this investment/development opportunity with LR3 (M) zoning on 4,700sf lot with alley access in the highly desirable Ballard neighborhood. Close to the Burke Gilman Trail, Golden Gardens waterfront park, Ballard Locks, Ballard Farmers Market, area restaurants and businesses. Currently a 1944 duplex with two (1) bedroom units.

Last Agent to Sell the Property

Patrick Corr

Windermere Real Estate Co. License #49857 Listed on: 05/05/2021

Windermere Real Estate Co.

Last Buyer's Agent

Bryan Loe

Windermere Real Estate Co. License #77886

Windermere Real Estate Co.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1759758

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,793

Year Built

  • Built in 1944

Lot Details

  • 4,700 Sq Ft Lot
  • Property is in average condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,350 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Territorial Views

Parking

  • 2 Parking Spaces
  • Open Parking

Community Details

  • Ballard Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8673400095

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,793

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1944
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1350
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 274

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Duplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Seattle
  • SewerCompany: Seattle
  • WaterCompany: Seattle
  • WaterSewerGarbage: 85

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 8673400095
  • Lot Size Acres: 0.1079
  • Lot Size Sq Ft: 4700
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 36
  • LeasedItems: None
  • TotalMonthlyIncome: 2890

Multi Family

  • Gross Scheduled Income: 34680
  • Net Operating Income: 21270
  • Number Of Units Total: 2
  • Insurance Expense: 1232
  • Leasable Area: 1350
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 8793

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2023
Sold by
Modern Homes Llc
Bought by
Barany Zoltan Dennis and Maclachlan Patricia L
Total Days on Market
7
Current Estimated Value
$858,233

Purchase Details

Listed on
May 5, 2021
Closed on
Oct 6, 2021
Sold by
Modern Homes Llc
Bought by
City Of Seattle
Seller's Agent
Patrick Corr
Windermere Real Estate Co.
Buyer's Agent
Bryan Loe
Windermere Real Estate Co.
List Price
$1,280,000
Sold Price
$1,164,000
Premium/Discount to List
-$116,000
-9.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.43%

Purchase Details

Listed on
May 5, 2021
Closed on
Aug 12, 2021
Sold by
Cowart Bonnie Thie and Cowart Randal
Bought by
Modern Homes Llc
Seller's Agent
Patrick Corr
Windermere Real Estate Co.
Buyer's Agent
Bryan Loe
Windermere Real Estate Co.
List Price
$1,280,000
Sold Price
$1,164,000
Premium/Discount to List
-$116,000
-9.06%

Purchase Details

Closed on
Dec 22, 1983
Sold by
Katzen Kathryn A
Bought by
Katzen Barry
Source: Public Records

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Range of Values:

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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
Barany Zoltan Dennis $839,999 Chicago Title
City Of Seattle $313 None Listed On Document
Modern Homes Llc $1,164,000 First American Title
Katzen Barry -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2021 08/13/21 Sold $1,164,000 -9.1% $862 / Sq Ft
05/12/2021 05/12/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $1,280,000 -- $948 / 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 $7,628 $802,000 $255,000 $547,000
2023 $2,395 $761,000 $228,000 $533,000
2022 $9,357 $266,000 $266,000 $0
2021 $8,433 $268,300 $267,300 $1,000
2020 $8,793 $856,000 $855,000 $1,000
2018 $8,047 $906,000 $905,000 $1,000
2017 $5,353 $803,000 $802,000 $1,000
2016 $4,966 $543,000 $542,000 $1,000
2015 $4,324 $492,000 $491,000 $1,000
2014 -- $437,000 $436,000 $1,000
2013 -- $403,000 $402,000 $1,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1759758

Northwest Multiple Listing Service (NWMLS)

APN: 867340-0095