Listed by Designed Realty, Bought with Real Broker LLC
$673,000
SOLD NOV 26, 2024
-- Bed
-- Bath
2,490 Sq Ft
6,353 Sq Ft Lot

Recently Sold

$270 Per Sq Ft

14 Days on Market

Highlights

  • No HOA
  • Vinyl Plank Flooring
  • Wood Siding
  • Forced Air Cooling System
  • Baseboard Heating

About This Home

As of November 2024

This excellent investment opportunity is just minutes from downtown Seattle, offering convenient access to SeaTac Airport, the light rail, and major highways including I-5, I-405, 99, and 509, while still being privately tucked away. Excellent opportunity to live in one side and rent out the other. The three bedroom unit is currently being rented out by the room on a month to month basis, would like to continue leasing from new owner if possible. Duplex with separate units features plenty of parking which the tenants love. Each unit is equipped with its own electric meter for added convenience.

Last Agent to Sell the Property

Tevin Gladney

Designed Realty License #138190 Listed on: 10/11/2024

Last Buyer's Agent

David Pichler

Real Broker LLC License #23013284

Real Broker LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2300872

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,657

Year Built

  • Built in 1942

Lot Details

  • 6,353 Sq Ft Lot

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,490 Sq Ft Home
  • 2-Story Property

Flooring

  • Vinyl Plank
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Utilities

  • Forced Air Cooling System
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Seattle Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0257000099

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,657

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1942
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2490
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: You Deserve It!
  • Special Features: None
  • Cumulative Days on Market: 217

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Vinyl Plank
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Basement,Storage

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Fair
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Cooling: Forced Air
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: Seattle City Light
  • SewerCompany: Valley View Sewer
  • WaterCompany: Water District 20
  • WaterSewerGarbage: 2258

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 0257000099
  • Lot Size Acres: 0.1458
  • Lot Size Sq Ft: 6353
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: County
  • MLSSquareFootageSource: County
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 13.5
  • LeasedItems: None
  • TotalMonthlyIncome: 4350

Multi Family

  • Gross Scheduled Income: 49800
  • Net Operating Income: 31246
  • Number Of Units Total: 2
  • Electric Expense: 1896
  • Insurance Expense: 1159
  • Leasable Area: 2490
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2024
  • Tax Annual Amount: 5657.22
  • AdditionalTaxIds: 025700-0099

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2024
Closed on
Nov 22, 2024
Sold by
Kifle Henok and Gladney Tevin A
Bought by
Liang Xiao
Seller's Agent
Tevin Gladney
Designed Realty
Buyer's Agent
David Pichler
Real Broker LLC
List Price
$675,000
Sold Price
$673,000
Premium/Discount to List
-$2,000
-0.3%
Views
25
Current Estimated Value
$690,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,512
Avg. Annual Appreciation
4.23%
Original Mortgage
$605,970
Outstanding Balance
$603,683
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$86,829

Purchase Details

Listed on
Oct 24, 2018
Closed on
Dec 26, 2018
Sold by
Jones Jeremy and Jones Nicholas
Bought by
5 Star Homes Llc
Seller's Agent
Lori Bixler
John L. Scott, Inc.
Buyer's Agent
Sarah Noet
Best Choice Network LLC
List Price
$399,950
Sold Price
$350,000
Premium/Discount to List
-$49,950
-12.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.68%

Purchase Details

Closed on
Sep 13, 2012
Sold by
Eastside Funding Llc
Bought by
Jones Jeremy and Jones Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,101
Interest Rate
3.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 12, 2012
Sold by
Mocic Vidomir
Bought by
Jones Jeremy and Jones Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,101
Interest Rate
3.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 11, 2005
Sold by
Pelascini Dick and Pelascini Cecilia
Bought by
Mocic Vidomir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,800
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 2004
Sold by
Stone John A
Bought by
Pelascini Dick and Pelascini Cecilia

Purchase Details

Closed on
Nov 19, 1993
Sold by
Smith George E
Bought by
Stone John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,111
Interest Rate
6.85%
Mortgage Type
FHA
Source: Public Records

Similar Homes in Seattle, WA

  • 12245 20th Ave S, Seattle, WA 98168

    $725,000

    • 4 Beds
    • 3 Baths
    • 3,400 Sq Ft
    • 12245 20th Ave S
    • Seattle, WA

    Vintage charm, modern comfort, and income potential all in one! This beautifully updated Craftsman blends classic character with thoughtful updates—refinished hardwoods, new paint, upgraded windows, and a refreshed main-level primary suite with an all new bath. Enjoy a spacious kitchen, natural light throughout, and vintage details like French doors and classic trim. The separate entry 795 sq ft

    Bill Jordan CENTURY 21 Real Estate Center

    Section Image
  • 9624 Renton Ave S Unit A/B, Seattle, WA 98118

    $800,000

    • 4 Beds
    • 2 Baths
    • 1,540 Sq Ft
    • 9624 Renton Ave S
    • Unit A/B
    • Seattle, WA

    Charming & rare duplex with no HOA! This property features two identical units, each with 2 bedrooms, 1 bath, and 770 sqft. Enjoy cozy fireplaces, original hardwood floors, bright layouts with abundant natural light, functional kitchens, and spacious bedrooms with great storage. Off-street parking adds convenience, and LR2 zoning offers exciting future development potential. Perfect for living in

    Ramone Myers Windermere RE/Capitol Hill,Inc

    Section Image
  • 10041 15th Ave SW, Seattle, WA 98146

    $625,000

    • 3 Beds
    • 4 Baths
    • 2,250 Sq Ft
    • 10041 15th Ave SW
    • Seattle, WA

    Rare opportunity for a nice property with a zoning that will allow for many uses. House has newer roof, furnace, exterior paint and double pane windows. Detached warehouse style building with 1/2 bath. Tenants are month to month and pay all utilities.

    Greg Singleton John L Scott Westwood

    Section Image
  • 1021 S Bailey St, Seattle, WA 98108

    $699,000

    • 4 Beds
    • 2 Baths
    • 2,160 Sq Ft
    • 1021 S Bailey St
    • Seattle, WA

    Just Reduced!! Come see this Georgetown duplex on a corner lot with great rental history! Enjoy the convenience of walking to town or local parks. The upstairs and downstairs units have two bedrooms and one bath. The upstairs unit has a wood-burning fireplace in the living room and a dining room. The downstairs unit also has a separate eating area, and the kitchen has been updated. There is

    Teresa Taylor Brink Realty Group

    Section Image
  • 2413 SW Graham St, Seattle, WA 98106

    $799,000

    • 6 Beds
    • 2 Baths
    • 2,400 Sq Ft
    • 2413 SW Graham St
    • Seattle, WA

    Great investment opportunity in quickly developing West Seattle. This duplex features 4 bedroom 1 bath (1,200 sq ft) upper unit and 3 bedroom 1 bath (1,200 sq ft) lower unit. Solid rental history and occupied, with total monthly income $4637. Updated lower unit with newer flooring, paint, and windows. Many newer appliances: Upper unit - water heater, dryer, range. Lower unit - refrigerator,

    Rachel Moon Pellego, Inc.

    Section Image
  • 2257 14th Ave W, Seattle, WA 98119

    $700,000

    • 3 Beds
    • 2 Baths
    • 1,670 Sq Ft
    • 2257 14th Ave W
    • Seattle, WA

    Calling for investors and builders for this great redevelopment opportunity to build 2-unit townhouse (1813 sqft each) and 1 single-family house (2435 sqft). Zoning LR3. MUP and BP are both ready. Adjacent to new townhouses on both sides and close to downtown, SLU, Ballard, grocery etc.

    Mingfang Lu Windermere Real Estate/East

    Section Image
  • 4716 7th Ave NE, Seattle, WA 98105

    $795,000

    • 5 Beds
    • 3 Baths
    • 2,130 Sq Ft
    • 4716 7th Ave NE
    • Seattle, WA

    Exceptional investment opportunity with this classic 1921 Craftsman home that is a legal duplex. Upper unit has a separate entrance and the only shared space is the laundry in the basement with an exterior door. Always occupied as the University of Washington is nearby, ample transit bus or light rail, I-5 has easy access north or south. Many international eateries blocks away, as is the public

    Susan Garner The Roanoke Group

    Section Image
  • 8119 Stone Ave N, Seattle, WA 98103

    $839,950

    • 3 Beds
    • 3 Baths
    • 1,340 Sq Ft
    • 8119 Stone Ave N
    • Seattle, WA

    LIVE+WORK community in an AMAZING location! Great investment opportunity for retail & residential use. Purchase as primary residence w/ additional rental income or purchase for multi-family use & rent both units. Multi-level townhome featuring ground floor office w/ street access. 3 Total Bedrooms, 2.25 baths, & 1,340 SF. (8119 & 8121). Top-of-the-line finishes; quartz countertops, gas stove,

    Gregory Perry The Preview Group

    Section Image
  • 9520 2nd Ave NW, Seattle, WA 98117

    $699,950

    • 3 Beds
    • 2 Baths
    • 1,500 Sq Ft
    • 9520 2nd Ave NW
    • Seattle, WA

    This charming recently updated property features a stunning kitchen and offers plenty of natural light throughout. Enjoy the convenience of living in Seattle with your own private outdoor space, ideal for unwinding or hosting gatherings. Located just minutes from shopping, dining, parks, and transit options. The property includes two kitchenettes and can be configured as a duplex, with a

    Alex Bradshaw eXp Realty

    Section Image

Range of Values:

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 Type Sale Price Title Company
Warranty Deed $673,300 Ticor Title
Warranty Deed $350,000 First American Title
Quit Claim Deed -- None Available
Trustee Deed $150,869 None Available
Warranty Deed $268,500 Stewart Title
Trustee Deed $213,000 Stewart Title
Warranty Deed $105,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $605,970 New Conventional
Previous Owner $245,000 Commercial
Previous Owner $154,000 New Conventional
Previous Owner $124,101 Seller Take Back
Previous Owner $31,937 Stand Alone Second
Previous Owner $47,000 Credit Line Revolving
Previous Owner $290,000 Unknown
Previous Owner $214,800 Purchase Money Mortgage
Previous Owner $105,111 FHA
Closed $53,700 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2024 11/26/24 Sold $673,000 -0.3% $270 / Sq Ft
10/25/2024 10/25/24 Pending -- -- --
10/11/2024 10/11/24 For Sale $675,000 +92.9% $271 / Sq Ft
12/28/2018 12/28/18 Sold $350,000 -12.5% $141 / Sq Ft
11/07/2018 11/07/18 Pending -- -- --
10/24/2018 10/24/18 For Sale $399,950 -- $161 / 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 $6,435 $581,000 $180,000 $401,000
2023 $5,889 $509,000 $144,000 $365,000
2022 $5,820 $551,000 $126,000 $425,000
2021 $5,303 $474,000 $110,000 $364,000
2020 $5,203 $416,000 $97,000 $319,000
2018 $4,057 $359,000 $120,000 $239,000
2017 $3,452 $288,000 $101,000 $187,000
2016 $2,876 $247,000 $86,000 $161,000
2015 $2,851 $211,000 $75,000 $136,000
2014 -- $202,000 $72,000 $130,000
2013 -- $198,000 $66,000 $132,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2300872

Northwest Multiple Listing Service (NWMLS)

APN: 025700-0099