Seller's Agent in 2025
Andrew Knutzen
Real Property Associates
(206) 412-8001
2 in this area
125 Total Sales
Listed by Real Property Associates, Bought with RSVP Brokers ERA
265 E Sunset Way Issaquah, WA 98027
Olde Town Neighborhood
8
Beds
4
Baths
3,014
Sq Ft
6,000
Sq Ft Lot
Highlights
- Wood Flooring
- No HOA
- Wood Siding
- Clark Elementary School Rated A
- Baseboard Heating
- 4-minute walk to Depot Park
About This Home
As of April 2025Rare investment opportunity in the heart of Issaquah! This well-maintained fourplex offers four 2-bedroom, 1-bathroom units, providing excellent rental income potential and alley access enhances convenience. Located in one of the most coveted school districts and situated walking distance from Front Street and downtown Issaquah, this property offers amazing amenities to attract long term tenants. Plentiful tenant parking! Whether you’re an investor seeking stable returns in one of the best markets or an owner-occupant looking to offset your mortgage with rental income, this is a must-see.
Last Agent to Sell the Property
Real Property Associates License #118793 Listed on: 02/20/2025
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2332520
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,251
Year Built
- Built in 1977
Home Design
- Quadruplex
- Bitumen Roof
- Wood Siding
Interior Spaces
- 3,014 Sq Ft Home
- 2-Story Property
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Parking
- 8 Parking Spaces
- Open Parking
Additional Features
- 6,000 Sq Ft Lot
- Baseboard Heating
Community Details
- No Home Owners Association
- Downtown Issaquah Subdivision
Listing and Financial Details
- Assessor Parcel Number 2354300701
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 20, 2025
Closed on
Mar 26, 2025
Sold by
Jankauskas J J J and Jankauskas Joseph J
Bought by
Wilcox Nicholas
Seller's Agent
Andrew Knutzen
Real Property Associates
Buyer's Agent
Ric Hutchens
RSVP Brokers ERA
List Price
$1,650,000
Sold Price
$1,400,000
Premium/Discount to List
-$250,000
-15.15%
Total Days on Market
7
Views
25
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.61%
Original Mortgage
$850,000
Outstanding Balance
$850,000
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$568,633
Purchase Details
Closed on
Mar 27, 2013
Sold by
Jankauskas Melissa A
Bought by
Jankauskas J J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,400
Interest Rate
3.47%
Purchase Details
Closed on
Oct 17, 1997
Sold by
Pacific American Property Exchange Corp
Bought by
Jankauskas J J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,099
Interest Rate
7.49%
Purchase Details
Closed on
Apr 22, 1997
Sold by
Richmond William K and Richmond Anne Degallier
Bought by
Pacific American Property Exchange Corp
Purchase Details
Closed on
Dec 28, 1994
Sold by
Dipiano Lucille
Bought by
Richmond William K and Richmond Anne Degallier
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,800
Interest Rate
9.2%
Purchase Details
Closed on
Jul 6, 1992
Sold by
Dipiano Lucille
Bought by
Dipiano Lucille
Purchase Details
Closed on
Jan 13, 1992
Sold by
Maskew Brian and Maskew Maureen
Bought by
Dipiano Lucille
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,400,000 | Old Republic Title | |
| Warranty Deed | -- | Wfg National T | |
| Warranty Deed | -- | Fidelity National Title | |
| Warranty Deed | $300,000 | Fidelity National Title | |
| Warranty Deed | $261,000 | First American Title Ins Co | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $234,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $850,000 | New Conventional | |
| Previous Owner | $245,400 | No Value Available | |
| Previous Owner | $293,099 | No Value Available | |
| Previous Owner | $208,800 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/02/2025 04/02/25 | Sold | $1,400,000 | -15.2% | $464 / Sq Ft |
| 02/27/2025 02/27/25 | Pending | -- | -- | -- |
| 02/20/2025 02/20/25 | For Sale | $1,650,000 | -- | $547 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $8,251 | $1,000,000 | $600,000 | $400,000 |
| 2023 | $9,757 | $1,135,000 | $600,000 | $535,000 |
| 2022 | $9,797 | $1,163,000 | $540,000 | $623,000 |
| 2021 | $10,748 | $1,058,000 | $270,000 | $788,000 |
| 2020 | $9,559 | $1,079,000 | $270,000 | $809,000 |
| 2018 | $7,812 | $868,000 | $225,000 | $643,000 |
| 2017 | $6,928 | $758,000 | $225,000 | $533,000 |
| 2016 | $6,197 | $698,000 | $210,000 | $488,000 |
| 2015 | $5,397 | $613,000 | $198,000 | $415,000 |
| 2014 | -- | $525,000 | $186,000 | $339,000 |
| 2013 | -- | $495,000 | $186,000 | $309,000 |
Source: Public Records
Agents Affiliated with this Home
-
Andrew Knutzen
-
Ric Hutchens
R
Buyer's Agent in 2025
Ric Hutchens
Steven M Kloetsch
(425) 519-3619
1 in this area
16 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2332520
APN: 235430-0701
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.
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. ©2025 NWMLS.
Nearby Homes
- 250 SE Andrews St
- 245 SE Bush St
- 265 NE Birch St Unit A265
- 380 NE Birch St
- 180 Front St S
- 222 NE Dogwood St Unit C102
- 466 Front St N
- 415 Front St S
- 220 SW Clark St Unit B101
- 220 SW Clark St Unit B304
- 230 SW Clark St Unit C204
- 700 Front St S Unit B301
- 700 Front St S Unit D106
- 700 Front St S Unit A304
- 700 Front St S Unit E101
- 700 Front St S Unit E303
- 700 Front St S Unit C105
- 260 Newport Way NW Unit C-24
- 160 Newport Way NW Unit 47
- 426 3rd Ct NW