NOT LISTED FOR SALE

Estimated Value: $1,221,000 - $1,449,000

6 Beds
3 Baths
2,430 Sq Ft
$546/Sq Ft Est. Value

Last Sold August 31, 2017

Last sale price $1,060,000 $436 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $8,489/month

8 Days on Market

Highlights

  • Thermal Windows
  • Ceramic Tile Flooring
  • 2-minute walk to Peppi's Playground
  • Garfield High School Rated A

About This Home

As of August 2017

Excellent 3 unit in the heart of Leschi! Original owners + immaculately maintained, this is a GEM + a perfect property to add to your investment portfolio! This building is strategically placed between I-90 and 520, just west of the shores of Lake Washington, East of the downtown corridor + just steps to Frink Park! Each unit has a separate entrance, a deck off of the master and full size W/D. L2 zoned lot designated for MF and future development potential. Close to dining, parks + beaches!

Last Listed By

Tamara Dean

Windermere Real Estate/East License #12107 Listed on: 06/14/2017

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1144448

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,212

Year Built

  • Built in 2002

Lot Details

  • 4,000 Sq Ft Lot

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,430 Sq Ft Home
  • 3-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Parking

  • 1 Parking Space
  • Open Parking

Schools

  • Leschi Elementary School
  • Wash Mid Middle School
  • Garfield High School

Community Details

  • Leschi Subdivision

Listing and Financial Details

  • Assessor Parcel Number 341660375

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,212

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 2002
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2430
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 289

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Total Parking Spaces: 1
  • ParkingUncoveredSpaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Seattle City Light
  • SewerCompany: City if Seattle
  • WaterCompany: City of Seattle
  • WaterSewerGarbage: 2250

Schools

  • Junior High Dist: Seattle
  • High School: Garfield High
  • Middle Or Junior School: Wash Mid

Lot Info

  • Parcel Number: 341660375
  • Lot Size Acres: 0.0918
  • Lot Size Sq Ft: 4000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: KCR
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 5250

Multi Family

  • Gross Scheduled Income: 63000
  • Net Operating Income: 53898
  • Number Of Units Total: 3
  • Insurance Expense: 750
  • Leasable Area: 2430
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2017
  • Tax Annual Amount: 4212

MLS Schools

  • Elementary School: Leschi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2017
Closed on
Aug 21, 2017
Sold by
Killingsworth Fannie and Boone Bessie L
Bought by
Wastell Blaine and Wastell Ellen
Seller's Agent
Tamara Dean
Windermere Real Estate/East
List Price
$995,000
Sold Price
$1,060,000
Premium/Discount to List
$65,000
6.53%
Total Days on Market
8
Current Estimated Value
$1,326,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,885
Avg. Annual Appreciation
5.69%
Original Mortgage
$795,000
Interest Rate
3.96%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Wastell Blaine $1,060,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wastell Blaine $603,390
Closed Wastell Blaine $782,000
Closed Wastell Blaine $795,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2017 08/31/17 Sold $1,060,000 +6.5% $436 / Sq Ft
06/23/2017 06/23/17 Pending -- -- --
06/14/2017 06/14/17 For Sale $995,000 -- $409 / 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 $12,830 $1,333,000 $621,000 $712,000
2023 $11,555 $1,216,000 $579,000 $637,000
2022 $10,208 $1,362,000 $579,000 $783,000
2021 $4,786 $1,103,000 $469,000 $634,000
2020 $4,986 $467,000 $457,000 $10,000
2018 $4,552 $478,000 $468,000 $10,000
2017 $0 $439,000 $415,000 $24,000
2016 $0 $384,000 $363,000 $21,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1144448

Northwest Multiple Listing Service (NWMLS)

APN: 341660-0370