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

3026 S 216th St Unit G Seatac, WA 98198

Estimated Value: $971,885 - $1,048,000

8 Beds
4 Baths
-- Sq Ft
5,427 Sq Ft Lot

Last Sold June 04, 2021

Last sale price $840,000

Est. 20% increase in value since last sale

Current estimated payment $6,283/month

7 Days on Market

About This Home

As of June 2021

A gated community environment for the purpose of safety and security. Centrally located to all amenities and easy freeway & highway access. Multi-unit properties are hard to find around the SeaTac areas.

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#: 1745724

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,652

Year Built

  • Built in 1979

Lot Details

  • 5,427 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

  • 4 Parking Spaces
  • Open Parking

Community Details

  • Seatac Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0922049375

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,652

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

  • 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 Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: Midway Sewer District
  • WaterCompany: Highline Water District
  • WaterSewerGarbage: 5127

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 1900
  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Highline

Lot Info

  • Parcel Number: 0922049375
  • Lot Size Acres: 0.1246
  • Lot Size Sq Ft: 5427
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: County Records

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 6800

Multi Family

  • Gross Scheduled Income: 81600
  • Net Operating Income: 61891
  • Number Of Units Total: 4
  • Insurance Expense: 1600
  • Leasable Area: 3572
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 8652

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2021
Closed on
Jun 2, 2021
Sold by
Tesfalem Asmeret
Bought by
Ghebrat Habtu Milash
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%
Current Estimated Value
$1,009,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,471
Avg. Annual Appreciation
4.29%
Original Mortgage
$630,000
Outstanding Balance
$570,386
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$439,085

Purchase Details

Closed on
Oct 7, 2008
Sold by
Woldehawariat Esayas
Bought by
Tesfulem Asmeret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,840
Interest Rate
6.31%

Purchase Details

Closed on
Sep 13, 2007
Sold by
Tiburon South Llc
Bought by
Woldehawariat Esayas and Tesfulem Asmeret

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:

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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
Ghebrat Habtu Milash $840,000 Rainier Title
Tesfulem Asmeret $213,750 Ticor Title
Woldehawariat Esayas $475,000 Fidelity National Title
State Of Washington Department Of Transp -- Pacific Nw Tit
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ghebrat Habtu Milash $630,000
Previous Owner Tesfulem Asmeret $456,840
Previous Owner Woldehawariat Esayas $427,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2021 06/04/21 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 $9,466 $879,000 $103,100 $775,900
2023 $9,274 $868,000 $100,300 $767,700
2022 $9,339 $869,000 $97,600 $771,400
2021 $9,121 $770,000 $84,100 $685,900
2020 $8,652 $729,000 $81,400 $647,600
2018 $6,220 $486,000 $75,000 $411,000
2017 $5,827 $446,000 $55,000 $391,000
2016 $5,342 $428,000 $55,000 $373,000
2015 $4,871 $404,000 $68,000 $336,000
2014 -- $355,000 $68,000 $287,000
2013 -- $402,000 $68,000 $334,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1745724

Northwest Multiple Listing Service (NWMLS)

APN: 092204-9375