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

3030 S 216th St Unit E Seatac, WA 98198

Estimated Value: $990,000 - $1,071,000

8 Beds
4 Baths
3,572 Sq Ft
$286/Sq Ft Est. Value

Last Sold May 24, 2021

Last sale price $840,000 $235 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $6,355/month

7 Days on Market

About This Home

As of May 2021

A gated community environment, hard to find. 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#: 1745719

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,663

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

  • 3,572 Sq Ft Home
  • 2-Story Property

Parking

  • 6 Parking Spaces
  • Open Parking

Community Details

  • Seatac Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0922049378

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,663

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: 3572
  • 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 Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • 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: 4920

Condo/Co-op/Association

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

Schools

  • Junior High Dist: Highline

Lot Info

  • Parcel Number: 0922049378
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4792
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: King County Records
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 5700

Multi Family

  • Gross Scheduled Income: 68400
  • Net Operating Income: 48917
  • 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: 8663

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2021
Closed on
May 20, 2021
Sold by
Habte Michael K
Bought by
Gebreyowhannes Yonas B
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
$1,022,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,915
Avg. Annual Appreciation
4.57%
Original Mortgage
$630,000
Outstanding Balance
$570,937
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$451,978

Purchase Details

Listed on
Mar 19, 2021
Closed on
May 19, 2021
Sold by
Endargie Mulunesh and Gebreyowhannes Yonas B
Bought by
Gebreyowhannes Yonas B
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
Outstanding Balance
$570,937
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$451,978

Purchase Details

Closed on
Sep 17, 2007
Sold by
Tiburon South Llc
Bought by
Habte Michael K

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
Gebreyowhannes Yonas B $840,000 Rainier Title
Gebreyowhannes Yonas B -- Rainier Title
Habte Michael K $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 Gebreyowhannes Yonas B $630,000
Previous Owner Habte Michael K $427,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2021 05/24/21 Sold $840,000 -4.4% $235 / Sq Ft
03/26/2021 03/26/21 Pending -- -- --
03/19/2021 03/19/21 For Sale $879,000 -- $246 / 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 $9,484 $879,000 $110,200 $768,800
2023 $9,292 $867,000 $105,400 $761,600
2022 $9,357 $869,000 $100,600 $768,400
2021 $9,133 $770,000 $94,000 $676,000
2020 $8,663 $729,000 $75,000 $654,000
2018 $6,257 $486,000 $75,000 $411,000
2017 $5,846 $446,000 $55,000 $391,000
2016 $5,360 $428,000 $55,000 $373,000
2015 $4,889 $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: 1745719

Northwest Multiple Listing Service (NWMLS)

APN: 092204-9378