Listed by Max Realty LLC, Bought with Redfin
NOT LISTED FOR SALE

Estimated Value: $495,000 - $544,000

2 Beds
2 Baths
1,150 Sq Ft
$457/Sq Ft Est. Value

Last Sold April 06, 2017

Last sale price $310,000 $270 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,281/month

9 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Hazelwood Elementary School Rated 9+
  • 1-Story Property

About This Home

As of April 2017

Don't miss this fantastic opportunity to invest in Downtown Renton! Well maintained duplex within walking distance to parks, downtown, The Landing, Renton's premier shopping, retail & entertainment. 1 bed/1 bath on both sides. Unit A has a fireplace, dishwasher, & washer/dryer. Unit B has a washer/dryer, private deck, and tankless water heater. Don't miss this investment opportunity!

Last Agent to Sell the Property

Charissa Frerichs

Max Realty LLC License #25332 Listed on: 02/02/2017

Last Buyer's Agent

Scott Petrich

Redfin License #122645

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1074007

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,657

Year Built

  • Built in 1942

Lot Details

  • 4,725 Sq Ft Lot

Home Design

  • Duplex
  • Poured Concrete
  • Bitumen Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,150 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 2 Parking Spaces
  • Open Parking

Community Details

  • Downtown Subdivision

Listing and Financial Details

  • Legal Lot and Block 3 / 20
  • Assessor Parcel Number 7225500425

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,657

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1942
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: #4
  • New Construction: No
  • CalculatedSquareFootage: 1150
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 362

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Torch Down
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 1

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric, Wood
  • PowerCompany: PSE
  • SewerCompany: City of Renton
  • WaterCompany: City of Renton
  • WaterSewerGarbage: 1920

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Parcel Number: 7225500425
  • Lot Size Acres: 0.1085
  • Lot Size Sq Ft: 4725
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family,Residential
  • LotNumber: 3

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 1900

Multi Family

  • Gross Scheduled Income: 22800
  • Net Operating Income: 17676
  • Number Of Units Total: 2
  • Insurance Expense: 547
  • Leasable Area: 1150
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2016
  • Tax Annual Amount: 2657

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2017
Closed on
Mar 31, 2017
Sold by
Usher Debra D
Bought by
Lee Jung Keun and Le Huong Minh
Seller's Agent
Charissa Frerichs
Max Realty LLC
Buyer's Agent
Scott Petrich
Redfin
List Price
$315,000
Sold Price
$310,000
Premium/Discount to List
-$5,000
-1.59%
Current Estimated Value
$525,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,044
Avg. Annual Appreciation
6.59%
Original Mortgage
$232,500
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2011
Sold by
Mccoy Leah S
Bought by
Usher Debra D

Purchase Details

Closed on
Mar 27, 2009
Sold by
Usher Debra Denise
Bought by
Mccoy Leah S

Purchase Details

Closed on
Apr 24, 2007
Sold by
Lannoye Troy A and Lannoye Dagny K
Bought by
Usher Debra D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,800
Interest Rate
6.17%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 16, 2006
Sold by
Tilton Fletch W
Bought by
Lannoye Troy A and Lannoye Dagny K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.73%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 28, 1999
Sold by
Rousseve Lyndee C
Bought by
Tilton John Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,059
Interest Rate
7.82%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 25, 1996
Sold by
Pohl Nicolas G and Gillen Kathleen
Bought by
Rousseve Lyndee C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,900
Interest Rate
6.98%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 5, 1994
Sold by
Thompson Arthur L and Thompson Jean L
Bought by
Pohl Nicolas G and Gillen Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
8.55%
Mortgage Type
Seller Take Back
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
Lee Jung Keun $310,000 First American
Usher Debra D -- None Available
Mccoy Leah S -- None Available
Usher Debra D $294,000 Transnation Ti
Lannoye Troy A $250,000 Fidelity Natio
Tilton John Stephen $115,000 Stewart Title
Rousseve Lyndee C $88,000 Fidelity National Title Co
Pohl Nicolas G $83,500 Old Republic Title Ltd
Stouffer David C -- Old Republic Title Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Jung Keun $231,800
Closed Lee Jung Keun $232,500
Previous Owner Usher Debra D $56,800
Previous Owner Usher Debra D $149,000
Previous Owner Lannoye Troy A $200,000
Previous Owner Tilton John Stephen $114,059
Previous Owner Rousseve Lyndee C $87,900
Previous Owner Pohl Nicolas G $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2017 04/06/17 Sold $310,000 -1.6% $270 / Sq Ft
02/12/2017 02/12/17 Pending -- -- --
02/02/2017 02/02/17 For Sale $315,000 -- $274 / 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 $5,043 $491,000 $352,000 $139,000
2023 $4,334 $414,000 $191,000 $223,000
2022 $4,282 $447,000 $202,000 $245,000
2021 $3,865 $382,000 $167,000 $215,000
2020 $3,759 $329,000 $148,000 $181,000
2018 $3,534 $305,000 $148,000 $157,000
2017 $2,939 $268,000 $123,000 $145,000
2016 $2,657 $218,000 $105,000 $113,000
2015 $2,299 $200,000 $97,000 $103,000
2014 -- $181,000 $86,000 $95,000
2013 -- $150,000 $79,000 $71,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1074007

Northwest Multiple Listing Service (NWMLS)

APN: 722550-0425