Listed by Capitol Realty & Investments, Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

3020 S 216th St Unit J Seatac, WA 98198

Estimated Value: $842,000 - $1,033,000

8 Beds
4 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold May 28, 2021

Last sale price $840,000

Est. 14% increase in value since last sale

Current estimated payment $5,974/month

7 Days on Market

About This Home

As of May 2021

A gated community environment, hard to comedy. Centrally located to all amenities, and easy freeway & highway access. Iron gated community environment for additional protection and security, hard to find these days.

Last Agent to Sell the Property

Berhe Desta

Capitol Realty & Investments License #11795 Listed on: 03/19/2021

Last Buyer's Agent

Yonatan Berhane

Skyline Properties, Inc. License #20120284

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1745731

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,749

Year Built

  • Built in 1979

Lot Details

  • 4,792 Sq Ft Lot
  • Property is in good condition

HOA Fees

  • $158 Monthly HOA Fees

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2-Story Property

Parking

  • 6 Parking Spaces
  • Open Parking

Community Details

  • Seatac Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0922049376

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,749

Year Built

Built in 1979

Lot Details

0

HOA Fees

$158 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1979
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 0
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 6

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 1900
  • Association Fee Frequency: Annually
  • Common Interest: Multi-Family

Schools

  • Junior High Dist: Highline

Lot Info

  • Parcel Number: 0922049376
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4792
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: County Records
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 5650

Tax Info

  • Year: 2020
  • Tax Annual Amount: 8749

Multi Family

  • Number Of Units Total: 4
  • EnergySource: Electric
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2023
Sold by
Kahsay Tekleab
Bought by
Kahsay Tekleab and Ghebrat Habtu Milash
Current Estimated Value
$956,861

Purchase Details

Listed on
Mar 19, 2021
Closed on
May 27, 2021
Sold by
Kefela Saba and Kahsay Tekleab
Bought by
Kahsay Teklea
Seller's Agent
Berhe Desta
Capitol Realty & Investments
Buyer's Agent
Yonatan Berhane
Skyline Properties, Inc.
List Price
$879,000
Sold Price
$840,000
Premium/Discount to List
-$39,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.92%
Original Mortgage
$630,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 19, 2021
Closed on
May 24, 2021
Sold by
Habte Efrem K and Habte Efrem
Bought by
Kahsay Tekleab
Seller's Agent
Berhe Desta
Capitol Realty & Investments
Buyer's Agent
Yonatan Berhane
Skyline Properties, Inc.
List Price
$879,000
Sold Price
$840,000
Premium/Discount to List
-$39,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2007
Sold by
Tiburon South Llc
Bought by
Habte Efrem

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Interest Rate
6.67%

Purchase Details

Closed on
Feb 1, 2006
Sold by
Tiburon South Llc
Bought by
State Of Washington Department Of Transp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kahsay Tekleab $402,695 None Listed On Document
Kahsay Teklea -- Rainier Title
Kahsay Tekleab $840,000 Rainier Title
Habte Efrem $475,000 Fidelity National Title
State Of Washington Department Of Transp -- Pacific Nw Tit
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kahsay Tekleab $630,000
Previous Owner Habte Efrem $427,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2021 05/28/21 Sold $840,000 -4.4% --
03/26/2021 03/26/21 Pending -- -- --
03/19/2021 03/19/21 For Sale $879,000 -- --
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 $9,570 $879,000 $173,800 $705,200
2023 $9,378 $867,000 $169,200 $697,800
2022 $9,443 $869,000 $164,600 $704,400
2021 $9,219 $770,000 $141,700 $628,300
2020 $8,749 $729,000 $137,200 $591,800
2018 $6,359 $486,000 $110,000 $376,000
2017 $5,992 $446,000 $59,400 $386,600
2016 $5,499 $428,000 $59,400 $368,600
2015 -- $404,000 $80,000 $324,000
2014 -- $355,000 $80,000 $275,000
2013 -- $402,000 $80,000 $322,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1745731

Northwest Multiple Listing Service (NWMLS)

APN: 092204-9376