NOT LISTED FOR SALE

Estimated Value: $650,684 - $748,000

4 Beds
2 Baths
1,600 Sq Ft
$435/Sq Ft Est. Value

Last Sold February 28, 2013

Last sale price $210,000 $131 Per Sq Ft

Est. 232% increase in value since last sale

Current estimated payment $4,302/month

122 Days on Market

Highlights

  • Wood Flooring
  • Partially Fenced Property
  • 1-Story Property
  • Cul-De-Sac
  • Wood Siding

About This Home

As of February 2013

GREAT OPPORTUNITY FOR INVESTORS-This Duplex is located in a great rental area! Each unit has 2 bedrooms, 1 bath and slider that leads to huge back yard. Attached carport, sewer connection close by- New Paint Outside, New Paint Inside, New Roof, New Doors inside and out, New Molding- GREAT INVESTMENT

Jo Ann Piispanen

John L. Scott Everett License #27414 Listed on: 09/27/2012

John L. Scott Everett

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 409184

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,390

Year Built

  • Built in 1966

Lot Details

  • 0.32 Acre Lot
  • Cul-De-Sac
  • Partially Fenced Property

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Parking

  • 4 Parking Spaces
  • Open Parking

Utilities

  • Septic Tank
  • Septic System

Community Details

  • Paine Field Condos
  • Paine Field Subdivision

Listing and Financial Details

  • Legal Lot and Block 74 / 000 D-02
  • Assessor Parcel Number 00538000007402

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,390

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1966
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Paine Field
  • CalculatedSquareFootage: 1600
  • Special Features: None
  • Cumulative Days on Market: 409

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Slab
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Septic System, Electric
  • WaterSewerGarbage: 912

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Fee Information

  • Annual Fuel Expense: 2000

Schools

  • Junior High Dist: Everett

Lot Info

  • Parcel Number: 00538000007402
  • Lot Size Acres: 0.3214
  • Lot Size Sq Ft: 14000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially
  • ZoningClass: Multi-Family
  • LotNumber: 74

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 1800

Multi Family

  • Gross Scheduled Income: 21600
  • Net Operating Income: 15318
  • Number Of Units Total: 2
  • Electric Expense: 400
  • Insurance Expense: 580
  • Leasable Area: 1600
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2011
  • Tax Annual Amount: 2390

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2012
Closed on
Feb 22, 2013
Sold by
Khaleghi Bahram and Khaleghi Anhal
Bought by
Dang Tam Chi and Cho Dokhee
Buyer's Agent
Jo Ann Piispanen
John L. Scott Everett
List Price
$239,000
Sold Price
$210,000
Premium/Discount to List
-$29,000
-12.13%
Total Days on Market
122
Current Estimated Value
$696,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$486,171
Avg. Annual Appreciation
10.24%
Original Mortgage
$157,500
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Khateghi Bahram and Khaleghi Nahal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,675
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2011
Sold by
Macevilly Conor
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Jul 2, 2007
Sold by
Jenkins Andrew A and Jenkins Nancy
Bought by
Macevilly Conor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,760
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 2004
Sold by
Breen Mary J
Bought by
Jenkins Andrew A and Jenkins Nancy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
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
Dang Tam Chi $210,280 First American Title Ins Co
Khateghi Bahram -- Northwest Title
Federal Home Loan Mortgage Corp $320,021 None Available
Macevilly Conor $357,200 Rainier Title
Jenkins Andrew A $205,000 Stewart
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dang Tam Chi $299,600
Closed Dang Tam Chi $157,500
Previous Owner Khateghi Bahram $102,675
Previous Owner Macevilly Conor $285,760
Previous Owner Jenkins Andrew A $188,000
Previous Owner Jenkins Andrew A $184,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2013 02/28/13 Sold $210,000 -12.1% $131 / Sq Ft
01/28/2013 01/28/13 Pending -- -- --
09/27/2012 09/27/12 For Sale $239,000 -- $149 / 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
2025 $4,947 $637,500 $407,700 $229,800
2024 $4,947 $564,500 $334,700 $229,800
2023 $5,164 $618,400 $364,700 $253,700
2022 $4,916 $498,200 $283,100 $215,100
2020 $4,111 $403,400 $214,700 $188,700
2019 $3,373 $328,000 $168,200 $159,800
2018 $3,777 $323,000 $171,000 $152,000
2017 $3,223 $279,400 $139,500 $139,900
2016 $2,978 $255,000 $120,600 $134,400
2015 $2,730 $212,300 $103,500 $108,800
2013 $2,101 $149,000 $89,100 $59,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 409184

Northwest Multiple Listing Service (NWMLS)

APN: 005380-000-074-02