Listed by COMPASS, Bought with COMPASS
NOT LISTED FOR SALE

Estimated Value: $1,001,562 - $1,162,000

4 Beds
2 Baths
2,200 Sq Ft
$486/Sq Ft Est. Value

Last Sold November 05, 2021

Last sale price $1,035,000 $470 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,519/month

7 Days on Market

Highlights

  • Deck
  • Patio
  • Wall to Wall Carpet
  • B.F. Day Elementary School Rated A-
  • Partially Fenced Property
  • 1-minute walk to Porcelain Garden

About This Home

As of November 2021

Remodeled duplex with large units available for the first time in 33 years. Located at the intersection of Ballard, Fremont and Phinney Ridge with a 84 walk score and easy transit. Identical one level layouts with fireplaces, laundry rooms with washer and dryer, outdoor spaces and rare 2 car parking for each. A perfect owner occupied opportunity with rental income or as an investment with an excellent CAP rate.

Last Agent to Sell the Property

Chris Doucet

COMPASS License #17147 Listed on: 09/23/2021

COMPASS

Last Buyer's Agent

Michael Haas

COMPASS License #23010523

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1843804

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,455

Year Built

  • Built in 1967

Lot Details

  • 3,880 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Duplex
  • Flat Roof Shape
  • Poured Concrete
  • Stone Siding

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Ballard High School

Community Details

  • Ballard Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1982200720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,455

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1967
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2200
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Flat
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: See Remarks, Stone
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: City Light
  • SewerCompany: SPU
  • WaterCompany: SPU
  • WaterSewerGarbage: 2901

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Seattle
  • High School: Ballard High

Lot Info

  • Parcel Number: 1982200720
  • Lot Size Acres: 0.0891
  • Lot Size Sq Ft: 3880
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially,Patio
  • MLSLotSizeSource: KCR
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 17
  • LeasedItems: None
  • TotalMonthlyIncome: 5300

Multi Family

  • Gross Scheduled Income: 60000
  • Net Operating Income: 52543
  • Number Of Units Total: 2
  • Insurance Expense: 701
  • Leasable Area: 2200
  • EnergySource: Electric
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 7455

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2021
Closed on
Oct 26, 2021
Sold by
Mckaig Robert R and Mckaig Deanndre
Bought by
Feldman Zachary and Clune Kisha
Seller's Agent
Chris Doucet
COMPASS
Buyer's Agent
Michael Haas
COMPASS
List Price
$998,000
Sold Price
$1,035,000
Premium/Discount to List
$37,000
3.71%
Current Estimated Value
$1,068,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,187
Avg. Annual Appreciation
1.63%
Original Mortgage
$931,500
Outstanding Balance
$868,448
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$233,143

Purchase Details

Closed on
May 27, 1988
Sold by
Clarin Jr Epifanio D and Clarin Pacita S
Bought by
Mckaig Ii Robert R and Mckaig Deanndra
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
Feldman Zachary $1,035,000 Fidelity National Title
Mckaig Ii Robert R $107,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feldman Zachary $931,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2021 11/05/21 Sold $1,035,000 +3.7% $470 / Sq Ft
09/30/2021 09/30/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $998,000 -- $454 / 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 $8,931 $907,000 $486,000 $421,000
2023 $8,631 $850,000 $446,000 $404,000
2022 $8,518 $1,000,000 $421,000 $579,000
2021 $7,204 $910,000 $400,000 $510,000
2020 $7,455 $724,000 $307,000 $417,000
2018 $6,699 $740,000 $328,000 $412,000
2017 $5,705 $662,000 $296,000 $366,000
2016 $5,146 $581,000 $259,000 $322,000
2015 $4,518 $511,000 $232,000 $279,000
2014 -- $458,000 $180,000 $278,000
2013 -- $422,000 $166,000 $256,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1843804

Northwest Multiple Listing Service (NWMLS)

APN: 198220-0720