Listed by The Foundation Group LLC, Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

Estimated Value: $981,284 - $1,175,000

3 Beds
3 Baths
2,000 Sq Ft
$537/Sq Ft Est. Value

Last Sold July 09, 2021

Last sale price $900,000 $450 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,591/month

15 Days on Market

Highlights

  • Waterfront
  • Canal View
  • Wood Flooring
  • Coe Elementary School Rated A
  • Deck
  • 5-minute walk to David Rodgers Park

About This Home

As of July 2021

Located one block from Seattle Pacific University, the triplex is an ideal value-add opportunity with additional value in land. Keep the triplex and collect income while permitting the back spot lot (buyer to verify). Lot is 3,810SqFt of LR1 with alley access and two parking spaces. Detached laundry facilities on-site plus storage closets. Upper and main floor units could be reconfigured to add a bedroom. Two units are month to month.

Last Agent to Sell the Property

Ethan Szmania

The Foundation Group LLC License #125178 Listed on: 04/20/2021

Co-Listed By

Aaron Locke

The Foundation Group LLC License #107646

Last Buyer's Agent

Tony Park

Skyline Properties, Inc. License #18272

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1760581

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,104

Year Built

  • Built in 1923

Lot Details

  • 3,810 Sq Ft Lot
  • Waterfront
  • Partially Fenced Property
  • Value in Land
  • Property is in good condition

Property Views

  • Canal
  • Territorial

Home Design

  • Triplex
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet

Parking

  • 2 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cable TV Available

Community Details

  • Queen Anne Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8900000115

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,104

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1923
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2000
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 371

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Hardwood, Carpet
  • Interior Amenities: Forced Air, Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition
  • View: Canal, Territorial
  • Lot Features: Alley, Curbs, Sidewalk, Value In Land
  • View: Yes
  • Waterfront Features: No Bank
  • Waterfront: Yes
  • Exterior Features: Wood
  • Foundation Details: Slab
  • Property Condition: Good
  • Structure Type: Triplex
  • 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
  • Security: FullyFenced
  • Utilities: Cable Connected, Sewer Connected, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: Seattle
  • WaterCompany: Seattle
  • WaterSewerGarbage: 3316

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 8900000115
  • Lot Size Acres: 0.0875
  • Lot Size Sq Ft: 3810
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Patio
  • MLSLotSizeSource: King County Parcel Viewer
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 3626

Multi Family

  • Net Operating Income: 32380
  • Number Of Units Total: 3
  • Insurance Expense: 712
  • Leasable Area: 2000
  • EnergySource: Natural Gas
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 7104

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2021
Closed on
Jul 6, 2021
Sold by
Tseng Yu Han and Park Sang Jun
Bought by
Park Sang Jun
Seller's Agent
Ethan Szmania
The Foundation Group LLC
Buyer's Agent
Tony Park
Skyline Properties, Inc.
List Price
$925,000
Sold Price
$900,000
Premium/Discount to List
-$25,000
-2.7%
Current Estimated Value
$1,074,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,571
Avg. Annual Appreciation
3.35%
Original Mortgage
$675,000
Outstanding Balance
$641,018
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$390,600

Purchase Details

Listed on
Apr 20, 2021
Closed on
Jul 1, 2021
Sold by
Scott Brian D and Scott Lynita G
Bought by
Park Sang Jun
Seller's Agent
Ethan Szmania
The Foundation Group LLC
Buyer's Agent
Tony Park
Skyline Properties, Inc.
List Price
$925,000
Sold Price
$900,000
Premium/Discount to List
-$25,000
-2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Outstanding Balance
$641,018
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$390,600

Purchase Details

Closed on
Aug 3, 2009
Sold by
Dillow John D and Dillow Alison
Bought by
Dillow John D and Dillow Alison

Purchase Details

Closed on
Apr 9, 1980
Sold by
Smith Annleal A
Bought by
Scott Brian D and Scott Lynita G
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Park Sang Jun -- Rainier Title Llc
Park Sang Jun $900,000 Rainier Title Llc
Dillow John D -- None Available
Scott Brian D -- Transamerica Title Ins Svcs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Sang Jun $675,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2021 07/09/21 Sold $900,000 -2.7% $450 / Sq Ft
05/05/2021 05/05/21 Pending -- -- --
04/20/2021 04/20/21 For Sale $925,000 -- $463 / 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 $8,828 $907,000 $694,000 $213,000
2023 $7,935 $849,000 $694,000 $155,000
2022 $7,864 $919,000 $735,000 $184,000
2021 $7,522 $840,000 $670,000 $170,000
2020 $7,792 $763,000 $616,000 $147,000
2018 $7,070 $789,000 $658,000 $131,000
2017 $6,329 $704,000 $569,000 $135,000
2016 $5,328 $651,000 $529,000 $122,000
2015 $4,372 $532,000 $388,000 $144,000
2014 -- $444,000 $311,000 $133,000
2013 -- $449,000 $294,000 $155,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1760581

Northwest Multiple Listing Service (NWMLS)

APN: 890000-0115