Listed by eXp Realty, Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

Estimated Value: $667,042 - $784,000

6 Beds
2 Baths
1,750 Sq Ft
$409/Sq Ft Est. Value

Last Sold October 11, 2022

Last sale price $711,000 $406 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,414/month

18 Days on Market

Highlights

  • RV Access or Parking
  • No HOA
  • 1-Story Property
  • Deck
  • Property is Fully Fenced

About This Home

As of October 2022

Investor Opportunity! This Renton duplex sits on a large lot in the Renton Highlands! Both units have been pre inspected along with fully fenced back yards that will be great for Anyone! Each unit is 3/1 and has R/V parking! Fresh interior paint. Newer gutters. Excellent location with a ton of shopping and restaurant options nearby, and close proximity to I405 and Boeing. Recent renovations coupled with great tenants make it ready to produce income right away. Showings will be by appointment only and showings will be held on the weekends to mitigate tenant disturbance. Seller requests showings to be time blocked. Please reach out to listing agent office for showing time.

Last Agent to Sell the Property

Jared Pennington

eXp Realty License #20115576 Listed on: 08/23/2022

eXp Realty

Co-Listed By

Adam Cothes

eXp Realty License #26794

Last Buyer's Agent

Winnie Ho

Skyline Properties, Inc. License #117870

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1986511

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,233

Year Built

  • Built in 1943

Lot Details

  • 9,387 Sq Ft Lot
  • Property is Fully Fenced
  • Property is in good condition

Home Design

  • Duplex
  • Block Foundation
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 1,750 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Parking

  • 4 Parking Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Deck

Schools

  • Highlands Elementary School
  • Mcknight Mid Middle School
  • Renton Snr High School

Community Details

  • No Home Owners Association
  • Renton Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7227800880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,233

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: 1750
  • Special Features: VirtualTour
  • Cumulative Days on Market: 364

Interior Features

  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Laminate Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Foundation Details: Post & Block
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Renton
  • WaterCompany: City of Renton
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Renton
  • High School: Renton Snr High
  • Middle Or Junior School: Mcknight Mid

Lot Info

  • Parcel Number: 7227800880
  • Lot Size Acres: 0.2155
  • Lot Size Sq Ft: 9387
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Fully,RV Parking
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 17.12
  • LeasedItems: None
  • TotalMonthlyIncome: 3650

Multi Family

  • Gross Scheduled Income: 43800
  • Net Operating Income: 37803
  • Number Of Units Total: 2
  • Insurance Expense: 764
  • Leasable Area: 1750
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5233

MLS Schools

  • Elementary School: Highlands Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2024
Sold by
Chang Yu Jung and Cheng Li-Wen
Bought by
Liwen Cheng And Yujung Chang Living Trust and Chang
Current Estimated Value
$715,014

Purchase Details

Listed on
Aug 23, 2022
Closed on
Oct 7, 2022
Sold by
Johnson Sherry A and Johnson Reid G
Bought by
Johnson Reid G
Seller's Agent
Jared Pennington
eXp Realty
Buyer's Agent
Winnie Ho
Skyline Properties, Inc.
List Price
$749,999
Sold Price
$711,000
Premium/Discount to List
-$38,999
-5.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.20%

Purchase Details

Closed on
Aug 21, 2017
Sold by
Johnson Bradley and Johnson James
Bought by
Johnson Bradley and Johnson Reid

Purchase Details

Closed on
Jun 13, 2003
Sold by
Parikh Nimesh N and Parikh Navnitlal C
Bought by
Johnson Bradley H and Johnson James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 2003
Sold by
Johnson Judy L
Bought by
Johnson Bradley H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 1996
Sold by
Adams Ronald and Adams Chris
Bought by
Parikh Nimesh N and Parikh Navnitlal C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,800
Interest Rate
5.25%

Purchase Details

Closed on
Feb 27, 1992
Sold by
Doyle Thomas E Etal
Bought by
Adams Ronald and Adams Peter+Lynda R
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
Liwen Cheng And Yujung Chang Living Trust $313 None Listed On Document
Johnson Reid G -- Fidelity National Title
Johnson Bradley -- None Available
Johnson Bradley H $196,950 Fidelity Natio
Johnson Bradley H -- Fidelity Natio
Parikh Nimesh N $131,000 Fidelity National Title
Adams Ronald $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Bradley H $150,000
Previous Owner Johnson Bradley H $177,000
Previous Owner Parikh Nimesh N $104,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2022 10/11/22 Sold $711,000 +1.7% $406 / Sq Ft
09/10/2022 09/10/22 Pending -- -- --
09/08/2022 09/08/22 Price Changed $699,000 -6.8% $399 / Sq Ft
08/23/2022 08/23/22 For Sale $749,999 -- $429 / 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 $6,214 $605,000 $324,000 $281,000
2023 $5,808 $539,000 $285,000 $254,000
2022 $5,233 $623,000 $329,000 $294,000
2021 $4,632 $467,000 $231,000 $236,000
2020 $4,605 $394,000 $198,000 $196,000
2018 $4,386 $381,000 $194,000 $187,000
2017 $3,915 $333,000 $177,000 $156,000
2016 $2,736 $292,000 $156,000 $136,000
2015 $2,375 $206,000 $157,000 $49,000
2014 -- $187,000 $148,000 $39,000
2013 -- $161,000 $122,000 $39,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1986511

Northwest Multiple Listing Service (NWMLS)

APN: 722780-0880