Listed by Pilot Ventures LLC, Bought with Northmarq Multifamily, LLC
NOT LISTED FOR SALE

3101 NE 11th Place Renton, WA 98056

Sunset Neighborhood

Estimated Value: $1,075,000 - $1,234,000

-- Bed
-- Bath
4,744 Sq Ft
$243/Sq Ft Est. Value

Last Sold October 31, 2019

Last sale price $877,500 $185 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $7,101/month

10 Days on Market

About This Home

As of October 2019

Fourplex consisting of four 1,186 square foot, 2 bed / 1.5 bath units feature condo-style amenities such as wood burning fireplaces, full size washers and dryers, as well as dishwashers. Most units open up to spacious balconies as well. Carports provide one covered parking
stall per unit and additional street parking is available. 3101 is one of two adjacent fourplexes available for sale.

Last Agent to Sell the Property

Jason Kono

Pilot Ventures LLC License #79925 Listed on: 07/30/2019

Co-Listed By

Casey Zejdlik

Pilot Ventures LLC License #88121

Last Buyer's Agent

Matt Johnston

Northmarq Multifamily, LLC License #135732

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1496717

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,091

Year Built

  • Built in 1985

Lot Details

  • 7,900 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,744 Sq Ft Home
  • 2-Story Property

Community Details

  • Highlands Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2854800135

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,091

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1985
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4744
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking: No
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 8227

Schools

  • Junior High Dist: Renton

Lot Info

  • Parcel Number: 2854800135
  • Lot Size Acres: 0.1814
  • Lot Size Sq Ft: 7900
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: NWMLS Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 4360

Multi Family

  • Gross Scheduled Income: 52320
  • Net Operating Income: 25921
  • Number Of Units Total: 4
  • Insurance Expense: 1465
  • Leasable Area: 4744
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2019
  • Tax Annual Amount: 8091

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2019
Closed on
Oct 31, 2019
Sold by
Bellevue Ave Venture
Bought by
Halo 11 Llc
Seller's Agent
Jason Kono
Pilot Ventures LLC
Buyer's Agent
Matt Johnston
Northmarq Multifamily, LLC
List Price
$850,000
Sold Price
$877,500
Premium/Discount to List
$27,500
3.24%
Current Estimated Value
$1,154,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,000
Avg. Annual Appreciation
3.61%
Original Mortgage
$1,500,000
Interest Rate
3.7%

Purchase Details

Closed on
Mar 11, 2011
Sold by
West Curtis A and West Hedy E
Bought by
Bellevue Ave Venture Llc

Purchase Details

Closed on
Oct 14, 1985
Sold by
Maltek
Bought by
West Curtis and West Hedy E
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Halo 11 Llc $876,900 Fidelity National Title
Bellevue Ave Venture Llc -- None Available
West Curtis $204,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Halo 11 Llc $1,625,000
Closed Halo 11 Llc $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2019 10/31/19 Sold $877,500 +3.2% $185 / Sq Ft
08/09/2019 08/09/19 Pending -- -- --
07/30/2019 07/30/19 For Sale $850,000 -- $179 / 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 $11,401 $1,027,000 $150,100 $876,900
2023 $11,340 $1,029,000 $150,100 $878,900
2022 $11,759 $1,045,000 $150,100 $894,900
2021 $11,447 $947,000 $142,200 $804,800
2020 $11,432 $882,000 $142,200 $739,800
2018 $9,872 $756,000 $138,200 $617,800
2017 $9,606 $676,000 $138,200 $537,800
2016 $8,064 $650,000 $138,200 $511,800
2015 -- $609,000 $138,200 $470,800
2014 -- $519,000 $126,400 $392,600
2013 -- $484,000 $110,600 $373,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1496717

Northwest Multiple Listing Service (NWMLS)

APN: 285480-0135