NOT LISTED FOR SALE

Estimated Value: $595,607 - $722,000

4 Beds
2 Baths
1,440 Sq Ft
$450/Sq Ft Est. Value

Last Sold July 24, 2017

Last sale price $390,000 $271 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,029/month

4 Days on Market

Highlights

  • Territorial View
  • Wood Siding
  • 1-Story Property
  • Property is in very good condition
  • Wall to Wall Carpet

About This Home

As of July 2017

Please do not disturb tenants. This is not your typical Highlands duplex. It has been completely remodeled. 50 year roof with 37 years remaining, premium beveled cedar siding, insulated vinyl windows and concrete foundation. Tenants pay all utilities. The zoning
on this property is R10 - 10 units per acre. Based on this zoning, it should be possible to get 2 building lots. Interested parties are
advised to contact the city of Renton.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,503

Year Built

  • Built in 1943

Lot Details

  • 10,197 Sq Ft Lot
  • Lot Dimensions are 99'x99'x101'x105'
  • Property is in very good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

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

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • Open Parking

Utilities

  • Cable TV Available

Community Details

  • Renton Highlands #2 Condos
  • Renton Subdivision

Listing and Financial Details

  • Legal Lot and Block 2 / 28
  • Assessor Parcel Number 7227800875

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,503

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: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Renton Highlands #2
  • New Construction: No
  • CalculatedSquareFootage: 1440
  • Special Features: None
  • Cumulative Days on Market: 368

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Energy Package

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Duplex
  • ConstructionMethods: Standard Frame

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Renton
  • WaterCompany: City of Renton
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Renton

Lot Info

  • Parcel Number: 7227800875
  • Lot Size Acres: 0.2341
  • Lot Size: 99'x99'x101'x105'
  • Lot Size Sq Ft: 10197
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV
  • MLSLotSizeSource: King County Tax Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 2

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 1850

Multi Family

  • Gross Scheduled Income: 22200
  • Net Operating Income: 16874
  • Number Of Units Total: 2
  • Insurance Expense: 713
  • Leasable Area: 1440
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2017
  • Tax Annual Amount: 3503

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2017
Sold by
Ladki Saad
Bought by
Cozymodo Llc
Current Estimated Value
$647,902

Purchase Details

Listed on
May 17, 2017
Closed on
Jul 19, 2017
Sold by
Garot Eugene O and Garot Joan L
Bought by
Ladki Saad
List Price
$390,000
Sold Price
$390,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.20%
Original Mortgage
$292,500
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2001
Sold by
Garot Eugene O and Garot Joan L
Bought by
Garot Eugene O and Garot Joan L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cozymodo Llc -- None Available
Ladki Saad $390,000 First American
Garot Eugene O -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ladki Saad $292,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2017 07/24/17 Sold $390,000 0.0% $271 / Sq Ft
06/21/2017 06/21/17 Pending -- -- --
06/16/2017 06/16/17 For Sale $390,000 -- $271 / 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 $5,407 $526,000 $334,000 $192,000
2023 $5,233 $469,000 $293,000 $176,000
2022 $4,678 $542,000 $338,000 $204,000
2021 $4,143 $417,000 $237,000 $180,000
2020 $4,116 $352,000 $203,000 $149,000
2018 $3,929 $341,000 $198,000 $143,000
2017 $3,503 $298,000 $180,000 $118,000
2016 $2,485 $261,000 $158,000 $103,000
2015 $2,160 $187,000 $162,000 $25,000
2014 -- $170,000 $152,000 $18,000
2013 -- $146,000 $125,000 $21,000
Source: Public Records

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1108213

Northwest Multiple Listing Service (NWMLS)

APN: 722780-0875