Listed by Real Broker LLC, Bought with COMPASS
NOT LISTED FOR SALE

3103 E Thomas St Unit 3105 Seattle, WA 98112

Madison Valley Neighborhood

Estimated Value: $920,000 - $1,251,877

4 Beds
2 Baths
2,660 Sq Ft
$423/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $1,050,000 $395 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,943/month

19 Days on Market

Highlights

  • Territorial View
  • Wood Flooring
  • No HOA
  • McGilvra Elementary School Rated A
  • Corner Lot
  • 1-minute walk to Madison Valley Stormwater Facility Park

About This Home

As of February 2022

Twin home style duplex in amazing Madison Valley neighborhood! Rents below market, offering an investor plenty of upside with long-term or short term renters. Current owner replaced roof and sewer line to the city main. Corner lot and walkable to Madison Valley restaurants, shops, and businesses. Each unit is 2 BR, 1.5 Bath, hardwood floors on main level, partially finished basement, and yard. Long term rental history. Development potential, buyer to verify.

Last Agent to Sell the Property

Nicole Dankworth

Real Broker LLC License #136860 Listed on: 01/07/2022

Real Broker LLC

Co-Listed By

Alexandra Clouse

Real Broker LLC License #107080

Last Buyer's Agent

Thomas Maloney

COMPASS License #76823

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1876478

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,094

Year Built

  • Built in 1944

Lot Details

  • 6,000 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot
  • Value in Land

Home Design

  • Duplex
  • Block Foundation
  • Composition Roof
  • Vinyl Construction Material
  • Wood Composite

Interior Spaces

  • 2,660 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wood
  • Concrete
  • Ceramic Tile

Outdoor Features

  • Patio

Community Details

  • No Home Owners Association
  • Madison Valley Subdivision

Listing and Financial Details

  • Legal Lot and Block 8-9 / 30
  • Assessor Parcel Number 9828700255

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,094

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1944
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2660
  • Special Features: None
  • Cumulative Days on Market: 356

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Concrete, Hardwood
  • Interior Amenities: Forced Air, Ceramic Tile, Concrete, Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot, Paved, Value In Land
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl, Wood Products
  • Foundation Details: Block
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Utilities: Sewer Connected, Electric, Natural Gas Connected
  • WaterSewerGarbage: 3200

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 9828700255
  • Lot Size Acres: 0.1377
  • Lot Size: 6000
  • Lot Size Sq Ft: 6000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Patio
  • MLSLotSizeSource: Tax Records
  • ZoningClass: Multi-Family
  • LotNumber: 8-9

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 18.33
  • LeasedItems: None
  • TotalMonthlyIncome: 5000

Multi Family

  • Gross Scheduled Income: 60000
  • Net Operating Income: 42405
  • Number Of Units Total: 2
  • Insurance Expense: 1400
  • Leasable Area: 2600
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2021
  • Tax Annual Amount: 8094

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2023
Sold by
Mamani Hamed
Bought by
Ahura Llc
Current Estimated Value
$1,124,719

Purchase Details

Listed on
Jan 7, 2022
Closed on
Feb 28, 2022
Sold by
Thomas Street Homes Llc
Bought by
Mamani Hamed
Seller's Agent
Nicole Dankworth
Real Broker LLC
Buyer's Agent
Thomas Maloney
COMPASS
List Price
$1,125,000
Sold Price
$1,050,000
Premium/Discount to List
-$75,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.90%
Original Mortgage
$787,500
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2016
Sold by
Woollen Deborah Lee and Woollen Deborah
Bought by
Thomas Street Homes Llc

Purchase Details

Closed on
Nov 30, 2011
Sold by
Vasser Katherine
Bought by
Woollen Deborah Lee and Woollen Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,774
Interest Rate
3.93%
Mortgage Type
VA

Purchase Details

Closed on
Jan 24, 2003
Sold by
Vasser Morris L and Vasser Katherine
Bought by
Vasser Morris L and Vasser Katherine
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
Ahura Llc -- --
Mamani Hamed $1,050,000 Fidelity National Title
Thomas Street Homes Llc $704,500 Old Republic T
Woollen Deborah Lee $350,000 Chicago Title
Vasser Morris L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mamani Hamed $787,500
Previous Owner Woollen Deborah Lee $339,658
Previous Owner Woollen Deborah Lee $341,850
Previous Owner Woollen Deborah Lee $351,774
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $1,050,000 -6.7% $395 / Sq Ft
01/26/2022 01/26/22 Pending -- -- --
01/07/2022 01/07/22 For Sale $1,125,000 -- $423 / 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 $9,418 $939,000 $772,000 $167,000
2023 $8,997 $913,000 $772,000 $141,000
2022 $8,296 $963,000 $666,000 $297,000
2021 $8,094 $866,000 $605,000 $261,000
2020 $7,867 $803,000 $547,000 $256,000
2018 $6,871 $800,000 $377,000 $423,000
2017 $5,485 $667,000 $322,000 $345,000
2016 $5,202 $545,000 $269,000 $276,000
2015 $4,360 $506,000 $250,000 $256,000
2014 -- $431,000 $209,000 $222,000
2013 -- $336,000 $133,000 $203,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1876478

Northwest Multiple Listing Service (NWMLS)

APN: 982870-0255