NOT LISTED FOR SALE

Estimated Value: $1,095,000 - $1,325,844

4 Beds
2 Baths
2,400 Sq Ft
$508/Sq Ft Est. Value

Last Sold January 08, 2021

Last sale price $888,000 $370 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $7,221/month

6 Days on Market

Highlights

  • Open Space
  • Wood Siding
  • Wall to Wall Carpet
  • Clark Elementary School Rated A

About This Home

As of January 2021

Excellent turn key investment opportunity in the heart of Issaquah! Townhome style duplex located at the end of the lane blocks to Issaquah School district, community center, shops, services, restaurants & more! Designer refurbished w/NEWER metal roof, thermal windows, vinyl plank flooring, carpeting, fresh paint, spacious rooms. Master suite w/walk-in closet, 2 decks, 2 parking spots, tons of storage & more. Turn key investment with 5% cap rate. Don't miss out, these don't come up often!

Last Agent to Sell the Property

Nelya Calev

John L. Scott, Inc License #97542 Listed on: 11/17/2020

John L. Scott, Inc

Last Buyer's Agent

Roy Towse

COMPASS License #25910

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1685277

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,066

Year Built

  • Built in 1978 | Remodeled

Lot Details

  • 5,400 Sq Ft Lot
  • Open Space
  • Street terminates at a dead end

Home Design

  • Duplex
  • Poured Concrete
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Schools

  • Clark Elementary School
  • Issaquah Mid Middle School
  • Issaquah High School

Community Details

  • Issaquah Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2354300925

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,066

Year Built

Built in 1978 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1978
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2400
  • Special Features: None
  • Cumulative Days on Market: 275

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Metal
  • Lot Features: Dead End Street, Open Space, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: PSE
  • WaterCompany: City of Issaquah
  • WaterSewerGarbage: 1932

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Issaquah
  • High School: Issaquah High
  • Middle Or Junior School: Issaquah Mid

Lot Info

  • Parcel Number: 2354300925
  • Lot Size Acres: 0.124
  • Lot Size Sq Ft: 5400
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 4300

Multi Family

  • Gross Scheduled Income: 51600
  • Net Operating Income: 42981
  • Number Of Units Total: 2
  • Insurance Expense: 621
  • Leasable Area: 2400
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 6066

MLS Schools

  • Elementary School: Clark Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2020
Closed on
Jan 7, 2021
Sold by
340 Se Donnelly Llc
Bought by
Aaap Llc
Seller's Agent
Nelya Calev
John L. Scott, Inc
Buyer's Agent
Roy Towse
COMPASS
List Price
$855,000
Sold Price
$888,000
Premium/Discount to List
$33,000
3.86%
Total Days on Market
6
Current Estimated Value
$1,219,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$331,461
Avg. Annual Appreciation
7.49%

Purchase Details

Closed on
Sep 11, 2020
Sold by
Lipstein Allan and Lipstein Sari Brosh
Bought by
340 Se Donnelly Llc

Purchase Details

Closed on
Oct 2, 2018
Sold by
Keith James J
Bought by
Lipstein Allan and Lipstein Sari Brosh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2018
Sold by
Estate Of Lee R Woods
Bought by
Hanson Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 1997
Sold by
Schoene Russell A
Bought by
Keith James J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,250
Interest Rate
7.91%
Source: Public Records

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
Aaap Llc $888,000 Fidelity National Title
340 Se Donnelly Llc -- Accommodation
Lipstein Allan $750,000 Cw Title
Hanson Keith $650,000 Wfg National Title
Keith James J $227,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lipstein Allan $567,000
Previous Owner Lipstein Allan $562,500
Previous Owner Keith James J $159,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2021 01/08/21 Sold $888,000 +3.9% $370 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
11/17/2020 11/17/20 For Sale $855,000 -- $356 / 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 $8,992 $1,090,000 $442,000 $648,000
2023 $8,668 $929,000 $378,000 $551,000
2022 $6,682 $1,141,000 $466,000 $675,000
2021 $6,034 $721,000 $414,000 $307,000
2020 $6,066 $605,000 $354,000 $251,000
2018 $5,580 $646,000 $364,000 $282,000
2017 $4,808 $541,000 $318,000 $223,000
2016 $4,775 $484,000 $295,000 $189,000
2015 $4,402 $472,000 $191,000 $281,000
2014 -- $428,000 $173,000 $255,000
2013 -- $372,000 $158,000 $214,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1685277

Northwest Multiple Listing Service (NWMLS)

APN: 235430-0925