Listed by RE/MAX Northwest, Bought with Windermere Real Estate Midtown
NOT LISTED FOR SALE

Estimated Value: $1,075,874 - $1,274,000

7 Beds
3 Baths
3,160 Sq Ft
$373/Sq Ft Est. Value

Last Sold September 27, 2012

Last sale price $395,000 $125 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $7,155/month

3 Days on Market

Highlights

  • Wood Siding
  • Robert Eagle Staff Middle School Rated A
  • 1-Story Property

About This Home

As of September 2012

Short Sale, Pre-approved list price with Bank of America. No sign or keybox, showing with PSA only. View with discretion.
Great location, on busline and zoned LR2. Steady, long-time tenants interested in staying. Two 2 bed units and one 3 bed, townhome unit.
Rents are lower than market.

Last Agent to Sell the Property

Mary Sincavage

RE/MAX Northwest License #7313 Listed on: 05/10/2012

RE/MAX Northwest

Last Buyer's Agent

Shane Ristine

Windermere Real Estate Midtown License #2147

Windermere Real Estate Midtown

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 354668

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,312

Year Built

  • Built in 1963

Lot Details

  • 8,320 Sq Ft Lot
  • Property is in good condition

Home Design

  • Triplex
  • Poured Concrete
  • Shake Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 3,160 Sq Ft Home
  • 1-Story Property

Parking

  • 4 Parking Spaces
  • Open Parking

Utilities

  • Natural Gas Connected

Community Details

  • Bitter Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0173000060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,312

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1963
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 3160
  • SOCComments: subject to lienholder approval
  • Special Features: 12

Interior Features

  • Fireplace: No
  • Interior Amenities: Forced Air
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Cedar Shake
  • Lot Features: Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Triplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Utilities: Sewer Connected, Natural Gas Connected
  • WaterSewerGarbage: 3480

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 0173000060
  • Lot Size Acres: 0.191
  • Lot Size Sq Ft: 8320
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 2820

Multi Family

  • Gross Scheduled Income: 33840
  • Net Operating Income: 21956
  • Number Of Units Total: 3
  • Insurance Expense: 1400
  • Leasable Area: 3160
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2011
  • Tax Annual Amount: 5312

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2012
Closed on
Sep 20, 2012
Sold by
Bishop Roy E
Bought by
Brown Helen and Brown Russell
Seller's Agent
Mary Sincavage
RE/MAX Northwest
Buyer's Agent
Shane Ristine
Windermere Real Estate Midtown
List Price
$455,000
Sold Price
$395,000
Premium/Discount to List
-$60,000
-13.19%
Current Estimated Value
$1,180,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$785,219
Avg. Annual Appreciation
8.76%
Original Mortgage
$293,000
Outstanding Balance
$202,935
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$977,284

Purchase Details

Closed on
Sep 6, 2005
Sold by
Phan Linh Ha
Bought by
Bishop Roy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
7.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 22, 1998
Sold by
Spencer Judith L
Bought by
Phan Linh Ha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,403
Interest Rate
7.13%
Mortgage Type
FHA
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
Brown Helen $395,000 Chicago Title
Bishop Roy E $600,000 Pacific Nw Tit
Phan Linh Ha $296,450 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Helen $293,000
Previous Owner Bishop Roy E $480,000
Previous Owner Phan Linh Ha $269,403
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2012 09/27/12 Sold $395,000 -13.2% $125 / Sq Ft
05/14/2012 05/14/12 Pending -- -- --
05/10/2012 05/10/12 For Sale $455,000 -- $144 / 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 $10,481 $972,000 $889,000 $83,000
2023 $11,976 $1,468,000 $1,467,000 $1,000
2022 $11,792 $1,311,000 $1,310,000 $1,000
2021 $10,440 $1,193,000 $1,192,000 $1,000
2020 $9,447 $995,000 $994,000 $1,000
2018 $8,245 $953,000 $952,000 $1,000
2017 $6,812 $763,000 $605,000 $158,000
2016 $6,520 $643,000 $509,000 $134,000
2015 $5,655 $604,000 $463,000 $141,000
2014 -- $532,000 $414,000 $118,000
2013 -- $484,000 $377,000 $107,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 354668

Northwest Multiple Listing Service (NWMLS)

APN: 017300-0060