NOT LISTED FOR SALE

Estimated Value: $561,138 - $692,000

2 Beds
2 Baths
1,150 Sq Ft
$533/Sq Ft Est. Value

Last Sold July 06, 2021

Last sale price $565,000 $491 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,864/month

36 Days on Market

Highlights

  • Deck
  • Wood Siding
  • 1-Story Property
  • Corner Lot

About This Home

As of July 2021

Prime turn key investment opportunity in desirable Renton Highlands! This fully renovated duplex has so much to offer being close to transit, RTC, freeways, shopping and more! Each unit features 1 bedroom and 1 bathroom, open concept and updated kitchen/living room and washer/dryer in each unit! Situated on a corner lot, there is ample parking space, yard space and more! With new windows, landscaping, roof, flooring, cabinets, bathrooms and more, the hard work has already been done! Fully rented out with great tenants who would like to stay... Please do not disturb tenants and contact your agent for more information today!

Last Agent to Sell the Property

Desi Heikell

eXp Realty License #112702 Listed on: 04/08/2021

eXp Realty

Last Buyer's Agent

Joseph Fanelli

Actum Realty License #27724

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1755174

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,159

Year Built

  • Built in 1942

Lot Details

  • 5,400 Sq Ft Lot
  • Corner Lot

Home Design

  • Duplex
  • Poured Concrete
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 1,150 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Community Details

  • Highlands Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7227502030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,159

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: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1150
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: Show & Sell!
  • Special Features: None
  • Cumulative Days on Market: 323

Interior Features

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

Exterior Features

  • Roof: Torch Down
  • Lot Features: Corner Lot, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 175

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Renton
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 7227502030
  • Lot Size Acres: 0.124
  • Lot Size Sq Ft: 5400
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2850

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3159

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 900
  • Leasable Area: 1150
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2021
Closed on
Jul 6, 2021
Sold by
Gramstad Dawn and Gramstad Keith
Bought by
Phan Jennifer V
Seller's Agent
Desi Heikell
eXp Realty
Buyer's Agent
Joseph Fanelli
Actum Realty
List Price
$565,000
Sold Price
$565,000
Current Estimated Value
$613,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,046
Avg. Annual Appreciation
1.52%
Original Mortgage
$480,250
Outstanding Balance
$440,448
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$159,331

Purchase Details

Listed on
Apr 12, 2018
Closed on
Apr 9, 2018
Sold by
Davies Shane E and Davies Susan R
Bought by
Gramstad Dawn and Gramstad Keith
Seller's Agent
Tia O'Dell
KW Mountains to Sound Realty
Buyer's Agent
Desi Heikell
eXp Realty
List Price
$289,000
Sold Price
$289,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.99%

Purchase Details

Closed on
Mar 31, 1999
Sold by
Kelly Earl E and Lake Robert J
Bought by
Johnson Johnny L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
6.79%

Purchase Details

Closed on
Mar 22, 1999
Sold by
Johnson Johnny L
Bought by
Davis Shane E and Davies Susan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
6.79%
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
Phan Jennifer V $565,000 None Available
Gramstad Dawn $289,000 Cw Title
Johnson Johnny L -- Washington Title Co
Davis Shane E $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phan Jennifer V $480,250
Previous Owner Davis Shane E $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2021 07/06/21 Sold $565,000 0.0% $491 / Sq Ft
05/14/2021 05/14/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $565,000 +95.5% $491 / Sq Ft
04/12/2018 04/12/18 Sold $289,000 0.0% $251 / Sq Ft
04/12/2018 04/12/18 For Sale $289,000 -- $251 / 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 $5,374 $524,000 $349,000 $175,000
2023 $5,190 $467,000 $307,000 $160,000
2022 $4,261 $540,000 $355,000 $185,000
2021 $3,176 $380,000 $210,000 $170,000
2020 $3,159 $267,000 $180,000 $87,000
2018 $3,058 $263,000 $176,000 $87,000
2017 $2,736 $230,000 $160,000 $70,000
2016 $2,207 $202,000 $141,000 $61,000
2015 $1,920 $166,000 $138,000 $28,000
2014 -- $151,000 $130,000 $21,000
2013 -- $130,000 $107,000 $23,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1755174

Northwest Multiple Listing Service (NWMLS)

APN: 722750-2030