Listed by Globenex Realty, Bought with Fathom Realty WA LLC
NOT LISTED FOR SALE

2811 NE 13th St Unit 2 Renton, WA 98056

Sunset Neighborhood

Estimated Value: $667,877 - $706,000

4 Beds
2 Baths
1,440 Sq Ft
$481/Sq Ft Est. Value

Last Sold April 14, 2023

Last sale price $690,000 $479 Per Sq Ft

Current estimated payment $4,142/month

9 Days on Market

Highlights

  • 0.36 Acre Lot
  • No HOA
  • Baseboard Heating
  • Hazen Senior High School Rated A-
  • Forced Air Heating System
  • Wood Siding

About This Home

As of April 2023

Investors' alert! This is a 1,460 square foot duplex home on a 0.36 acre lot, zoned R14, Each unit has 2 bedrooms and 1 bathrooms. The roof replaced in 2010, and unit 2811 has all updated in 2010. 2813 has been updated along the way by tenant for rent reduction. Electricity stove, gas furnace, double pane windows. The home is cross street with elementary school, close to library, and all shopping, walk score is 76 / 100. The land can be subdividable for up to 5 units. The new buyer could bring up the rent to make the CAP

Last Agent to Sell the Property

Shelly Hu

Globenex Realty License #25305 Listed on: 02/24/2023

Last Buyer's Agent

Sherief Elbassuoni

Fathom Realty WA LLC License #20114178

Fathom Realty WA LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2039063

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,933

Year Built

  • Built in 1943

Lot Details

  • 0.36 Acre Lot

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Utilities

  • Forced Air Heating System
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Highlands Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7227801700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,933

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1943
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1440
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

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

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Forced Air
  • Heating Yn: Yes
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Renton

Lot Info

  • Parcel Number: 7227801700
  • Lot Size Acres: 0.3627
  • Lot Size Sq Ft: 15800
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: 15800
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 27.21
  • LeasedItems: None
  • TotalMonthlyIncome: 2700

Multi Family

  • Gross Scheduled Income: 32400
  • Net Operating Income: 27400
  • Number Of Units Total: 2
  • Insurance Expense: 800
  • Leasable Area: 1440
  • EnergySource: Electric
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 5933.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2009
Sold by
Purewal Balbir S
Bought by
Hu Xiuping and Jiang Minqi
Current Estimated Value
$691,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
4.99%

Purchase Details

Closed on
Mar 9, 2009
Sold by
Bellevue Towers Rpo Llc
Bought by
Chen Robert T and Chen Ann C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
4.99%

Purchase Details

Closed on
Aug 23, 1996
Sold by
Hughes Gene C and Hughes Jenny K
Bought by
Purewal Balbir S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,589
Interest Rate
8.42%

Purchase Details

Closed on
Nov 30, 1992
Sold by
Nelson Arlene May
Bought by
Hughes Gene C and Hughes Jenny K

Purchase Details

Closed on
Nov 24, 1992
Sold by
Hughes James Gordon
Bought by
Hughes Gene C and Hughes Jenny K

Purchase Details

Closed on
Nov 20, 1992
Sold by
Hughes James Gordon and Hughes Gene C
Bought by
Hughes Gene C and Hughes Jenny K
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Hu Xiuping $275,000 Rainier Title
Chen Robert T $699,000 First American
Purewal Balbir S $110,000 Evergreen Title Company Inc
Hughes Gene C -- --
Hughes Gene C -- --
Hughes Gene C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hu Xiuping $206,250
Previous Owner Purewal Balbir S $108,589
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2023 04/14/23 Sold $690,000 0.0% $479 / Sq Ft
03/05/2023 03/05/23 Pending -- -- --
02/25/2023 02/25/23 Price Changed $690,000 -8.0% $479 / Sq Ft
02/24/2023 02/24/23 For Sale $750,000 -- $521 / 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 $6,161 $599,000 $598,000 $1,000
2023 $5,911 $529,000 $525,000 $4,000
2022 $5,911 $611,000 $606,000 $5,000
2021 $4,907 $494,000 $253,000 $241,000
2020 $4,436 $417,000 $217,000 $200,000
2018 $4,203 $363,000 $211,000 $152,000
2017 $3,776 $317,000 $192,000 $125,000
2016 $2,855 $278,000 $169,000 $109,000
2015 $2,476 $215,000 $171,000 $44,000
2014 -- $195,000 $161,000 $34,000
2013 -- $168,000 $132,000 $36,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2039063

Northwest Multiple Listing Service (NWMLS)

APN: 722780-1700