Listed by Berkshire Hathaway HS NW, Bought with Windermere West Metro
NOT LISTED FOR SALE

Estimated Value: $1,036,000 - $1,305,000

4 Beds
3 Baths
2,260 Sq Ft
$543/Sq Ft Est. Value

Last Sold June 10, 2021

Last sale price $1,163,800 $515 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $7,588/month

10 Days on Market

Highlights

  • Territorial View
  • Wood Flooring
  • Partially Fenced Property
  • Adams Elementary School Rated A
  • Thermal Windows
  • 4-minute walk to Webster Park

About This Home

As of June 2021

Great investment opportunity, Excellent condition triplex in highly desirable area of Ballard (Sunset Hill) All units are fully lease with rarely vacant makes this an investors dream, First time on market for almost 30 yrs, Current tenants paying below market rents; room for rent increases, 2 units have two large bedrooms and 1 bath, Hardwood floor, and spacious living room w/fireplace and dining areas, one 1 bedroom & 1 bath, dishwashers in one unit. 2 bedroom units have garages w/driveway parking and extra off street parking. Easy access to shops, restaurants, parks & downtown. No sign, Please do not disturb tenants or walk the property.

Last Agent to Sell the Property

Don Kwan

Berkshire Hathaway HS NW License #41656 Listed on: 04/18/2021

Berkshire Hathaway HS NW

Last Buyer's Agent

Desiree Loughlin

Windermere West Metro License #18493

Windermere West Metro

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1756147

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,593

Year Built

  • Built in 1954

Lot Details

  • 4,646 Sq Ft Lot
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Triplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,260 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces

Schools

  • Adams Elementary School
  • Whitman Mid Middle School
  • Ballard High School

Community Details

  • Ballards Fouracre Home Tracts Condos
  • Ballard Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 1
  • Assessor Parcel Number 0486000005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,593

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1954
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Ballards Fouracre Home Tracts
  • New Construction: No
  • CalculatedSquareFootage: 2260
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: On net sale price
  • Special Features: None

Interior Features

  • Possible Use: Commercial, Multi-Family
  • Fireplace: No
  • Flooring: Hardwood, Laminate, Vinyl, Carpet
  • Interior Amenities: Forced Air, Hardwood, Laminate, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Cement/Concrete, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: No
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric, Oil
  • PowerCompany: Seattle Public Utility
  • SewerCompany: Seattle Public Utility
  • WaterCompany: Seattle Public Utility
  • WaterSewerGarbage: 3839

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Seattle
  • High School: Ballard High
  • Middle Or Junior School: Whitman Mid

Lot Info

  • Parcel Number: 0486000005
  • Lot Size Acres: 0.1067
  • Lot Size Sq Ft: 4646
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially
  • MLSLotSizeSource: KCR
  • ZoningJurisdiction: City
  • ZoningClass: Commercial,Multi-Family
  • LotNumber: 1

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric, Oil

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 17
  • LeasedItems: None
  • TotalMonthlyIncome: 5400

Multi Family

  • Gross Scheduled Income: 64800
  • Net Operating Income: 50159
  • Number Of Units Total: 3
  • Insurance Expense: 1209
  • Leasable Area: 2260
  • EnergySource: Electric,Oil
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 9593
  • AdditionalTaxIds: 0486000005

MLS Schools

  • Elementary School: Adams

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2021
Closed on
May 19, 2021
Sold by
Mendoza Rosal P and Mendoza Baltazar R
Bought by
Foral Darcy and Johnson Nicole
Seller's Agent
Don Kwan
Berkshire Hathaway HS NW
Buyer's Agent
Desiree Loughlin
Windermere West Metro
List Price
$1,088,000
Sold Price
$1,163,800
Premium/Discount to List
$75,800
6.97%
Current Estimated Value
$1,227,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,986
Avg. Annual Appreciation
1.23%
Original Mortgage
$814,660
Outstanding Balance
$735,965
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$491,821

Purchase Details

Closed on
Sep 26, 1998
Sold by
Bayya Angelita P
Bought by
Mendoza Baltazar R and Mendoza Rosal P
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
Foral Darcy $1,163,800 First American Title Ins Co
Mendoza Baltazar R -- Pacific Northwest Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foral Darcy $814,660
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2021 06/10/21 Sold $1,163,800 +7.0% $515 / Sq Ft
04/28/2021 04/28/21 Pending -- -- --
04/18/2021 04/18/21 For Sale $1,088,000 -- $481 / 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 $13,793 $1,428,000 $1,427,000 $1,000
2023 $12,776 $1,344,000 $1,343,000 $1,000
2022 $10,881 $1,430,000 $1,429,000 $1,000
2021 $9,594 $1,171,000 $1,170,000 $1,000
2020 $8,234 $976,000 $975,000 $1,000
2018 $7,639 $833,000 $625,000 $208,000
2017 $6,736 $756,000 $560,000 $196,000
2016 $6,288 $688,000 $509,000 $179,000
2015 $5,547 $627,000 $465,000 $162,000
2014 -- $565,000 $418,000 $147,000
2013 -- $452,000 $143,000 $309,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1756147

Northwest Multiple Listing Service (NWMLS)

APN: 048600-0005