Listed by RE/MAX Integrity, Bought with Windermere RE Greenwood
$615,000
SOLD NOV 27, 2019
-- Bed
-- Bath
2,990 Sq Ft
7,239 Sq Ft Lot

Recently Sold

$206 Per Sq Ft

8% Below List Price

95 Days on Market

About This Home

As of December 2022

Hard to find triplex in an excellent location! Each unit is 2 bedrooms & 1-1.75 bathrooms. Fully occupied with long term tenants. The triplex adjacent is also available to purchase. Some updates have been made to some of the units. Plenty of parking spaces and easy access to freeway, I-5 & shopping. Drive by only, do not disturb tenants.

Last Agent to Sell the Property

Tricia Hudson

RE/MAX Integrity License #86179 Listed on: 07/01/2019

RE/MAX Integrity

Co-Listed By

Thomas Wolter

RE/MAX Integrity License #44277

Last Buyer's Agent

David Sligar

Windermere RE Greenwood License #21286

Windermere RE Greenwood

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1480721

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,610

Year Built

  • Built in 1991

Lot Details

  • 7,239 Sq Ft Lot
  • Street terminates at a dead end
  • Property is in good condition

Home Design

  • Triplex
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,990 Sq Ft Home
  • 2-Story Property

Parking

  • 5 Parking Spaces
  • 3 Covered Spaces
  • Open Parking

Community Details

  • Des Moines Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2500600298

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,610

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1991
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2990
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 424

Interior Features

  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Property Condition: Good
  • Structure Type: Triplex

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: Midway Sewer
  • WaterCompany: Highline Water
  • WaterSewerGarbage: 3501

Schools

  • Junior High Dist: Highline

Lot Info

  • Parcel Number: 2500600298
  • Lot Size Acres: 0.1662
  • Lot Size Sq Ft: 7239
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 3550

Multi Family

  • Gross Scheduled Income: 42600
  • Net Operating Income: 27716
  • Number Of Units Total: 3
  • Insurance Expense: 1000
  • Leasable Area: 2990
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2018
  • Tax Annual Amount: 7610

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2022
Closed on
Dec 8, 2022
Sold by
Tigh Louis
Bought by
Weland Properties Inc
Seller's Agent
David Sligar
Windermere RE Greenwood
Buyer's Agent
Ashley Dutton
Engel & Voelkers Seattle DT
List Price
$899,000
Sold Price
$875,000
Premium/Discount to List
-$24,000
-2.67%
Views
23
Current Estimated Value
$924,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,041
Avg. Annual Appreciation
2.16%

Purchase Details

Listed on
Jul 1, 2019
Closed on
Nov 13, 2019
Sold by
Anderson Patricia Jean and Estate Of Ronald Dean Anderson
Bought by
Tigh Louis and Tigh Natalia
Seller's Agent
Tricia Hudson
RE/MAX Integrity
Buyer's Agent
David Sligar
Windermere RE Greenwood
List Price
$665,000
Sold Price
$615,000
Premium/Discount to List
-$50,000
-7.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.30%
Original Mortgage
$615,000
Interest Rate
3.6%
Mortgage Type
VA

Purchase Details

Closed on
Jun 21, 2005
Sold by
Westerly Properties Llc
Bought by
Anderson Ronald Dean and Anderson Patricia Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
5.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 23, 2003
Sold by
Gambriell Steven L and Gambriell Mary Jane
Bought by
Westerly Properties Llc
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 Type Sale Price Title Company
Warranty Deed $875,000 First American Title
Warranty Deed $615,000 First American Title
Warranty Deed $330,500 First American
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $659,354 VA
Previous Owner $661,500 VA
Previous Owner $615,000 VA
Previous Owner $237,000 New Conventional
Previous Owner $100,800 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $114,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2022 12/12/22 Sold $875,000 -2.7% $293 / Sq Ft
11/19/2022 11/19/22 Pending -- -- --
11/04/2022 11/04/22 For Sale $899,000 +46.2% $301 / Sq Ft
11/27/2019 11/27/19 Sold $615,000 -7.5% $206 / Sq Ft
10/04/2019 10/04/19 Pending -- -- --
07/01/2019 07/01/19 For Sale $665,000 -- $222 / 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 $9,702 $837,000 $158,000 $679,000
2023 $8,738 $751,000 $143,000 $608,000
2022 $7,900 $778,000 $138,000 $640,000
2021 $7,309 $616,000 $113,000 $503,000
2020 $6,978 $539,000 $99,000 $440,000
2018 $7,610 $576,000 $115,000 $461,000
2017 $6,237 $520,000 $110,000 $410,000
2016 $5,591 $428,000 $100,000 $328,000
2015 $5,269 $390,000 $93,000 $297,000
2014 -- $363,000 $88,000 $275,000
2013 -- $282,000 $80,000 $202,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1480721

Northwest Multiple Listing Service (NWMLS)

APN: 250060-0298