NOT LISTED FOR SALE

Estimated Value: $820,721 - $1,153,000

5 Beds
3 Baths
2,020 Sq Ft
$492/Sq Ft Est. Value

Last Sold March 10, 2022

Last sale price $875,000 $433 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $6,276/month

9 Days on Market

Highlights

  • RV Access or Parking
  • No HOA
  • Wood Siding
  • Lafayette Elementary School Rated A-
  • Partially Fenced Property
  • Wall to Wall Carpet

About This Home

As of March 2022

Location, Location, Location!!! Triplex in the Heart of West Seattle's Residential, Admiral District. Looking for the right location/neighborhood for you next investment property? This is it. Don't miss this rare opportunity to invest in a triplex in a terrific residential neighborhood. Most major systems updated. Please do not walk into the back yard and/or disturb tenant in lower, daylight basement unit.

Last Listed By

Bob Johnson

George W Johnson Realty License #24539 Listed on: 01/31/2022

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1883862

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,430

Year Built

  • Built in 1910

Lot Details

  • 5,000 Sq Ft Lot
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,020 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • 2 Parking Spaces
  • Open Parking
  • RV Access or Parking

Schools

  • Lafayette Elementary School
  • Madison Mid Middle School
  • West Seattle High School

Utilities

  • Cable TV Available

Community Details

  • No Home Owners Association
  • Hainsworths Heights Condos
  • Admiral Subdivision

Listing and Financial Details

  • Legal Lot and Block 13-14 / 4
  • Assessor Parcel Number 3016300380

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,430

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1910
  • Buyer Agency Compensation: **3**
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Hainsworths Heights
  • New Construction: No
  • CalculatedSquareFootage: 2020
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 441

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Triplex
  • ConstructionMethods: Standard Frame

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: SPU
  • SewerCompany: SPU
  • WaterCompany: SPU
  • WaterSewerGarbage: 3883

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle
  • High School: West Seattle High
  • Middle Or Junior School: Madison Mid

Lot Info

  • Parcel Number: 3016300380
  • Lot Size Acres: 0.1148
  • Lot Size Sq Ft: 5000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Gas Available,RV Parking
  • MLSLotSizeSource: kcr
  • ZoningJurisdiction: City
  • ZoningClass: Residential
  • LotNumber: 13-14

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 18
  • LeasedItems: None
  • TotalMonthlyIncome: 4150

Multi Family

  • Gross Scheduled Income: 49800
  • Net Operating Income: 38391
  • Number Of Units Total: 3
  • Insurance Expense: 1096
  • Leasable Area: 2020
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 6430

MLS Schools

  • Elementary School: Lafayette

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2022
Closed on
Mar 7, 2022
Sold by
Westling Family Llc
Bought by
Gram-Hansen Bradley and Dolma Tsechu
Seller's Agent
Bob Johnson
George W Johnson Realty
Buyer's Agent
Michael Schosboek
COMPASS
List Price
$899,950
Sold Price
$875,000
Premium/Discount to List
-$24,950
-2.77%
Total Days on Market
9
Current Estimated Value
$994,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,430
Avg. Annual Appreciation
4.07%
Original Mortgage
$656,250
Outstanding Balance
$618,595
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$375,835

Purchase Details

Closed on
Dec 28, 1995
Sold by
Westling Bertil J E and Westling Karin A M
Bought by
Westling Family Llc

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
Gram-Hansen Bradley $875,000 Chicago Title
Westling Family Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gram-Hansen Bradley $656,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2022 03/10/22 Sold $875,000 -2.8% $433 / Sq Ft
02/09/2022 02/09/22 Pending -- -- --
01/31/2022 01/31/22 For Sale $899,950 -- $446 / 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 $8,518 $873,000 $586,000 $287,000
2023 $7,655 $794,000 $516,000 $278,000
2022 $6,596 $776,000 $354,000 $422,000
2021 $6,430 $700,000 $328,000 $372,000
2020 $6,295 $649,000 $306,000 $343,000
2018 $5,731 $647,000 $307,000 $340,000
2017 $4,867 $567,000 $270,000 $297,000
2016 $4,543 $496,000 $253,000 $243,000
2015 $4,052 $452,000 $229,000 $223,000
2014 -- $412,000 $207,000 $205,000
2013 -- $375,000 $207,000 $168,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1883862

Northwest Multiple Listing Service (NWMLS)

APN: 301630-0380