Listed by John L. Scott, Inc, Bought with Da Li International Realty LLC
NOT LISTED FOR SALE

Estimated Value: $707,000 - $872,000

6 Beds
2 Baths
1,750 Sq Ft
$453/Sq Ft Est. Value

Last Sold May 19, 2017

Last sale price $575,000 $329 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $4,871/month

17 Days on Market

Highlights

  • Deck
  • Territorial View
  • Property is Fully Fenced
  • Hazen Senior High School Rated A-
  • Ceramic Tile Flooring
  • Wood Siding

About This Home

As of May 2017

Fully Remodeled Duplex ready to Cashflow! Rare 3 bedroom unit. Granite counter + double sinks in bathroom. New windows and siding. Stainless Steel Appliances. Instant Hot tankless gas water heater. New carpet + tile in kitchen/bathroom. Large fully fenced yards plus a shed. Around the corner from McKnight Middle School. Walking distance to shopping area. Great investment in high demand rental area, ready to Cashflow.

Last Agent to Sell the Property

Ty Craig

John L. Scott, Inc License #110226 Listed on: 02/06/2017

John L. Scott, Inc

Co-Listed By

Mark Craig

Skyline Properties, Inc. License #35494

Last Buyer's Agent

Joyce Liu

Da Li International Realty LLC License #101715

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1075295

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,935

Year Built

  • Built in 1943 | Remodeled

Lot Details

  • 0.32 Acre Lot
  • Property is Fully Fenced

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,750 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • Natural Gas Connected
  • Cable TV Available

Community Details

  • Renton Highlands No. 02 Corr Plat Condos
  • Highlands Subdivision

Listing and Financial Details

  • Legal Lot and Block 24 / 46
  • Assessor Parcel Number 7227801685

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,935

Year Built

Built in 1943 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1943
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Renton Highlands No. 02 Corr Plat
  • New Construction: No
  • CalculatedSquareFootage: 1750
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 369

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement/Concrete, Wood
  • Foundation Details: Post & Pillar
  • Property Condition: Remodeled
  • Structure Type: Duplex
  • ConstructionMethods: Standard Frame

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric, Natural Gas Connected
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Renton

Lot Info

  • Parcel Number: 7227801685
  • Lot Size Acres: 0.3157
  • Lot Size: 13750
  • Lot Size Sq Ft: 13750
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,Outbuildings
  • MLSLotSizeSource: KCR
  • ZoningClass: Multi-Family,Residential
  • LotNumber: 24

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 3800

Multi Family

  • Gross Scheduled Income: 45600
  • Net Operating Income: 42165
  • Number Of Units Total: 2
  • Insurance Expense: 500
  • Leasable Area: 1750
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2016
  • Tax Annual Amount: 2935

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2017
Closed on
May 15, 2017
Sold by
Palmer Project 2 Inc
Bought by
Jiang Di
Seller's Agent
Ty Craig
John L. Scott, Inc
Buyer's Agent
Joyce Liu
Da Li International Realty LLC
List Price
$599,900
Sold Price
$575,000
Premium/Discount to List
-$24,900
-4.15%
Current Estimated Value
$791,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,976
Avg. Annual Appreciation
3.69%
Original Mortgage
$312,000
Outstanding Balance
$264,357
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$511,825

Purchase Details

Listed on
Feb 6, 2017
Closed on
May 8, 2017
Sold by
Zhao Aimin and Jiang Di
Bought by
Jiang Di
Seller's Agent
Ty Craig
John L. Scott, Inc
Buyer's Agent
Joyce Liu
Da Li International Realty LLC
List Price
$599,900
Sold Price
$575,000
Premium/Discount to List
-$24,900
-4.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Outstanding Balance
$264,357
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$511,825

Purchase Details

Listed on
Apr 22, 2016
Closed on
Apr 12, 2016
Sold by
Cutting Larry D
Bought by
Palmer Project 2 Inc
Seller's Agent
Larry Cutting
PRO RLTYSRVCS Eastside
Buyer's Agent
Ty Craig
John L. Scott, Inc
List Price
$370,000
Sold Price
$370,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.99%

Purchase Details

Closed on
Aug 10, 2010
Sold by
Cutting Larry D
Bought by
Cutting Larry D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,500
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2010
Sold by
Finch Scott A and Finch Savitha G
Bought by
Cutting Larry D and Eastside Funding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,529
Interest Rate
4.95%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 2, 2010
Sold by
Eastside Funding Llc
Bought by
Cutting Larry D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,529
Interest Rate
4.95%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 11, 1999
Sold by
Salmans Terry W
Bought by
Finch Scott A and Finch Savitha G

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
3.85%
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
Jiang Di $575,000 Chicago Title
Jiang Di -- Chicago Title
Palmer Project 2 Inc $370,000 Ticor Title
Cutting Larry D -- First American
Cutting Larry D $155,900 None Available
Cutting Larry D -- None Available
Finch Scott A $110,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jiang Di $312,000
Previous Owner Cutting Larry D $158,500
Previous Owner Cutting Larry D $16,529
Previous Owner Cutting Larry D $130,974
Previous Owner Finch Scott A $1,000,000
Previous Owner Finch Scott A $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2017 05/19/17 Sold $575,000 -4.2% $329 / Sq Ft
02/24/2017 02/24/17 Pending -- -- --
02/15/2017 02/15/17 For Sale $599,900 0.0% $343 / Sq Ft
02/10/2017 02/10/17 Pending -- -- --
02/06/2017 02/06/17 For Sale $599,900 +62.1% $343 / Sq Ft
04/22/2016 04/22/16 Sold $370,000 0.0% $211 / Sq Ft
04/22/2016 04/22/16 Pending -- -- --
04/22/2016 04/22/16 For Sale $370,000 -- $211 / 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 $6,671 $651,000 $532,000 $119,000
2023 $6,433 $580,000 $467,000 $113,000
2022 $6,074 $670,000 $539,000 $131,000
2021 $5,376 $546,000 $230,000 $316,000
2020 $4,850 $461,000 $197,000 $264,000
2018 $4,224 $401,000 $193,000 $208,000
2017 $3,775 $320,000 $176,000 $144,000
2016 $2,934 $281,000 $155,000 $126,000
2015 $2,552 $221,000 $163,000 $58,000
2014 -- $201,000 $153,000 $48,000
2013 -- $173,000 $126,000 $47,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1075295

Northwest Multiple Listing Service (NWMLS)

APN: 722780-1685