NOT LISTED FOR SALE

Estimated Value: $1,378,000 - $1,958,468

4 Beds
5 Baths
3,870 Sq Ft
$423/Sq Ft Est. Value

Last Sold April 28, 2021

Last sale price $1,420,000 $367 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $10,458/month

22 Days on Market

Highlights

  • Territorial View
  • Wood Flooring
  • 3-minute walk to Princess Angeline Park
  • B.F. Day Elementary School Rated A-
  • Wood Siding

About This Home

As of April 2021

Amazing opportunity for an owner occupied or rental investment - this duplex is located in the heart of Wallingford! Custom built in 1982 with commercial quality construction - light-weight concrete floors with noise reduction, insulated T bar between floors, sound-proof ceiling, & a recently installed new roof. Total pride of ownership throughout. The 2bd 2ba upper unit boasts a cedar tongue & groove ceiling in the open concept living room with fireplace - perfect for entertaining on those chilly nights. This property also features a finished lower level 800 sq ft workshop - which could be an amazing home office or endless possibilities Both units feature 2bd, 2ba with multiple decks, new carpet, oak wet bar, washer/dryer, & a garage.

Co-Listed By

Louis Howard

Alchemy Real Estate License #11384

Alchemy Real Estate

Last Buyer's Agent

Ann Babb-Nordling

RE/MAX Northwest License #0024408

RE/MAX Northwest

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1718896

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,379

Year Built

  • Built in 1982

Lot Details

  • 4,845 Sq Ft Lot

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,870 Sq Ft Home
  • 3-Story Property
  • Territorial Views

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

  • Bf Day Elementary School
  • Hamilton Mid Middle School
  • Roosevelt High School

Community Details

  • Wallingford Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4083306270

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,379

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1982
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3870
  • Special Features: VirtualTour
  • Cumulative Days on Market: 289

Interior Features

  • Fireplace: No
  • Flooring: Hardwood, Laminate, Vinyl, Carpet
  • Interior Amenities: Hardwood, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 3000

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Seattle
  • High School: Roosevelt High
  • Middle Or Junior School: Hamilton Mid

Lot Info

  • Parcel Number: 4083306270
  • Lot Size Acres: 0.1112
  • Lot Size Sq Ft: 4845
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: KC
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 6700

Multi Family

  • Gross Scheduled Income: 80400
  • Net Operating Income: 62957
  • Number Of Units Total: 2
  • Insurance Expense: 2064
  • Leasable Area: 3870
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 12379

MLS Schools

  • Elementary School: Bf Day

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2021
Closed on
Apr 27, 2021
Sold by
Reese Mark C
Bought by
Skieens Steven Conley
Buyer's Agent
Ann Babb-Nordling
RE/MAX Northwest
List Price
$1,479,000
Sold Price
$1,420,000
Premium/Discount to List
-$59,000
-3.99%
Total Days on Market
22
Current Estimated Value
$1,636,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,367
Avg. Annual Appreciation
5.29%
Original Mortgage
$144,500
Outstanding Balance
$132,150
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,621,032

Purchase Details

Closed on
Sep 3, 1998
Sold by
Nyhagen Melvern J and Nyhagen Martha
Bought by
Reese Mark C

Purchase Details

Closed on
Nov 10, 1993
Sold by
Nyhagen Martha
Bought by
Nyhagen Melvern J and Nyhagen Martha
Source: Public Records

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Range of Values:

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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
Skieens Steven Conley $1,420,000 Old Republic Title
Reese Mark C $148,500 --
Nyhagen Melvern J -- Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skieens Steven Conley $144,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2021 04/28/21 Sold $1,420,000 -4.0% $367 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $1,479,000 -- $382 / 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 $15,578 $1,619,000 $712,000 $907,000
2023 $14,584 $1,551,000 $699,000 $852,000
2022 $13,224 $1,675,000 $636,000 $1,039,000
2021 $12,288 $1,443,000 $560,000 $883,000
2020 $12,379 $1,270,000 $439,000 $831,000
2018 $11,959 $1,377,000 $462,000 $915,000
2017 $10,524 $1,206,000 $405,000 $801,000
2016 $9,793 $1,096,000 $368,000 $728,000
2015 $8,899 $995,000 $335,000 $660,000
2014 -- $925,000 $301,000 $624,000
2013 -- $812,000 $265,000 $547,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1718896

Northwest Multiple Listing Service (NWMLS)

APN: 408330-6270