Listed by Redfin, Bought with Every Door Real Estate
$945,250
SOLD JUL 22, 2022
-- Bed
-- Bath
2,220 Sq Ft
3,500 Sq Ft Lot

Recently Sold

$426 Per Sq Ft

14% Below List Price

33 Days on Market

Highlights

  • Strait Views
  • Deck
  • Patio
  • Lafayette Elementary School Rated A-
  • No HOA
  • High Speed Internet

About This Home

As of July 2022

Don’t miss this opportunity to own a charming 1906 triplex in Pigeon Point with views of Elliot Bay, the city, and the Space Needle. Nice updates throughout, lots of natural light, and each unit has a balcony or patio for their own private outdoor space. Fully occupied and current tenants would like to stay. Solid history of both long and short-term rentals. Right next to the biking path and easy access to the West Seattle Bridge when it reopens makes this a great investment opportunity. Two off street parking spots plus ample street parking.

Last Agent to Sell the Property

Forrest Moody

Redfin License #26642 Listed on: 04/21/2022

Redfin

Last Buyer's Agent

Margeaux Rabbage

Every Door Real Estate License #114261

Every Door Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1920167

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,551

Year Built

  • Built in 1906

Lot Details

  • 3,500 Sq Ft Lot

Property Views

  • Strait Views
  • City
  • Limited

Home Design

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

Interior Spaces

  • 2,220 Sq Ft Home
  • 3-Story Property

Parking

  • 2 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Pigeon Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7966600080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,551

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1906
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2220
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour
  • Cumulative Days on Market: 392

Interior Features

  • Fireplace: No
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: City, Partial, Strait
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Triplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: Seattle City Light
  • SewerCompany: SPU
  • WaterCompany: SPU
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 7966600080
  • Lot Size Acres: 0.0803
  • Lot Size Sq Ft: 3500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,High Speed Internet,Patio
  • MLSLotSizeSource: Realist- Buyer to Verify

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 20.6
  • LeasedItems: None
  • TotalMonthlyIncome: 4450

Multi Family

  • Gross Scheduled Income: 53400
  • Net Operating Income: 44564
  • Number Of Units Total: 3
  • Insurance Expense: 3285
  • Leasable Area: 2220
  • EnergySource: Electric
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 5551

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2022
Closed on
Jun 28, 2022
Sold by
Emily Wentworth and Emily Christine
Bought by
Wu Jennifer Chun-Yee
Seller's Agent
Forrest Moody
Redfin
Buyer's Agent
Margeaux Rabbage
Every Door Real Estate
List Price
$1,100,000
Sold Price
$945,250
Premium/Discount to List
-$154,750
-14.07%
Current Estimated Value
$915,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,249
Avg. Annual Appreciation
-1.04%
Original Mortgage
$708,937
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 31, 2021
Closed on
May 17, 2021
Sold by
Sullivan Michael
Bought by
Wentworth Jason and Wentworth Christine Emily
Seller's Agent
Desiree Loughlin
Windermere West Metro
Buyer's Agent
Brad Howell
COMPASS
List Price
$798,000
Sold Price
$798,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.57%
Original Mortgage
$598,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 1, 2016
Closed on
Dec 6, 2016
Sold by
Vale Donald
Bought by
Sullivan Michael
Seller's Agent
Colin Foote
COMPASS
Buyer's Agent
Desiree Loughlin
Windermere West Metro
List Price
$549,950
Sold Price
$540,000
Premium/Discount to List
-$9,950
-1.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.19%
Original Mortgage
$513,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2004
Sold by
Berendes Robert D and Berendes Kathryn C
Bought by
Vale Don

Purchase Details

Closed on
Sep 6, 1995
Sold by
Holman Larry R and Holman Ardis K
Bought by
Berendes Robert D and Berendes Kathryn C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.83%
Mortgage Type
Seller Take Back
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 Type Sale Price Title Company
Warranty Deed $945,250 Wfg National Title Company Of
Warranty Deed $798,000 Stewart Title Company
Warranty Deed $540,000 Ticor National
Warranty Deed $375,000 Chicago Title
Warranty Deed $60,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $749,000 New Conventional
Closed $708,937 New Conventional
Previous Owner $598,500 New Conventional
Previous Owner $79,400 Credit Line Revolving
Previous Owner $513,000 New Conventional
Previous Owner $420,000 Unknown
Previous Owner $212,400 Credit Line Revolving
Previous Owner $40,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2024 09/15/24 For Rent $2,275 0.0% --
07/22/2022 07/22/22 Sold $945,250 -5.0% $426 / Sq Ft
05/24/2022 05/24/22 Pending -- -- --
05/06/2022 05/06/22 Price Changed $995,000 -9.5% $448 / Sq Ft
04/21/2022 04/21/22 For Sale $1,100,000 +37.8% $495 / Sq Ft
05/21/2021 05/21/21 Sold $798,000 0.0% $359 / Sq Ft
04/18/2021 04/18/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $798,000 0.0% $359 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
03/31/2021 03/31/21 For Sale $798,000 +47.8% $359 / Sq Ft
12/14/2016 12/14/16 Sold $540,000 -1.8% $243 / Sq Ft
10/14/2016 10/14/16 Price Changed $549,950 0.0% $248 / Sq Ft
07/07/2016 07/07/16 Pending -- -- --
07/01/2016 07/01/16 For Sale $549,950 -- $248 / 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 $7,594 $771,000 $490,000 $281,000
2023 $6,453 $705,000 $433,000 $272,000
2022 $5,551 $741,000 $394,000 $347,000
2021 $5,404 $582,000 $211,000 $371,000
2020 $5,408 $539,000 $187,000 $352,000
2018 $4,691 $558,000 $191,000 $367,000
2017 $4,030 $458,000 $160,000 $298,000
2016 $3,600 $405,000 $150,000 $255,000
2015 $3,016 $348,000 $181,000 $167,000
2014 -- $296,000 $162,000 $134,000
2013 -- $235,000 $162,000 $73,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1920167

Northwest Multiple Listing Service (NWMLS)

APN: 796660-0080