Listed by Better Properties - Metro, Bought with TEC Real Estate Inc.
NOT LISTED FOR SALE

Estimated Value: $1,084,000 - $1,332,000

4 Beds
2 Baths
1,900 Sq Ft
$641/Sq Ft Est. Value

Last Sold July 08, 2016

Last sale price $730,000 $384 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $7,424/month

12 Days on Market

Highlights

  • Wood Flooring
  • Thermal Windows
  • 4-minute walk to Princess Angeline Park
  • B.F. Day Elementary School Rated A-

About This Home

As of July 2016

First time on market in 48 years. Rents are low. Real low. In the heart of Wallingford. Walk score of 84. Close to the Burk-Gilman, Green Lake and less than 10 minutes from downtown. Systems are mostly updated. New roof prior to closing. No sign. Please don't approach.

Last Agent to Sell the Property

Tamson Fischner

Better Properties - Metro License #24000 Listed on: 05/10/2016

Better Properties - Metro

Last Buyer's Agent

Eddy Pang

TEC Real Estate Inc. License #91643

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 940569

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,044

Year Built

  • Built in 1900

Lot Details

  • 4,400 Sq Ft Lot
  • Lot Dimensions are 40 x 110
  • Property is in average condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,900 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wood
  • Wall to Wall Carpet

Parking

  • 3 Parking Spaces
  • Open Parking

Community Details

  • Edgewater Condos
  • Wallingford Subdivision

Listing and Financial Details

  • Legal Lot and Block 7 / 7
  • Assessor Parcel Number 2264500855

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,044

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1900
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Edgewater
  • New Construction: No
  • CalculatedSquareFootage: 1900
  • Special Features: None
  • Cumulative Days on Market: 383

Interior Features

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

Exterior Features

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

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: Sea
  • SewerCompany: Sea
  • WaterCompany: Sea
  • WaterSewerGarbage: 1200

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Fee Information

  • Annual Fuel Expense: 1000

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 2264500855
  • Lot Size Acres: 0.101
  • Lot Size: 40 x 110
  • Lot Size Sq Ft: 4400
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Gas Available
  • MLSLotSizeSource: KCR
  • ZoningJurisdiction: County
  • ZoningClass: Residential
  • LotNumber: 7

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 31
  • LeasedItems: None
  • TotalMonthlyIncome: 1200

Multi Family

  • Gross Scheduled Income: 23564
  • Net Operating Income: 13164
  • Number Of Units Total: 2
  • Electric Expense: 600
  • Insurance Expense: 300
  • Leasable Area: 1900
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2016
  • Tax Annual Amount: 7044

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2017
Sold by
Luu Donny
Bought by
Thompson Alan and Light Beth
Current Estimated Value
$1,217,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 10, 2016
Closed on
Jul 6, 2016
Sold by
Allen David E and Allen Kathleen A
Bought by
Luu Donny
Seller's Agent
Tamson Fischner
Better Properties - Metro
Buyer's Agent
Eddy Pang
TEC Real Estate Inc.
List Price
$750,000
Sold Price
$730,000
Premium/Discount to List
-$20,000
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.77%

Purchase Details

Closed on
Jul 29, 2013
Sold by
Allen David E and Allen Kathleen A
Bought by
Allen David E and Allen Kathleen A
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
Thompson Alan $855,000 Wfg National T
Luu Donny $730,000 First American
Allen David E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Light Beth $461,000
Closed Thompson Alan $470,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2016 07/08/16 Sold $730,000 -2.7% $384 / Sq Ft
05/23/2016 05/23/16 Pending -- -- --
05/10/2016 05/10/16 For Sale $750,000 -- $395 / 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 $10,117 $1,036,000 $687,000 $349,000
2023 $9,224 $993,000 $674,000 $319,000
2022 $8,651 $1,073,000 $613,000 $460,000
2021 $9,234 $925,000 $540,000 $385,000
2020 $9,245 $942,000 $439,000 $503,000
2018 $8,602 $983,000 $462,000 $521,000
2017 $7,573 $861,000 $405,000 $456,000
2016 $7,044 $783,000 $368,000 $415,000
2015 $6,401 $711,000 $335,000 $376,000
2014 -- $661,000 $301,000 $360,000
2013 -- $581,000 $265,000 $316,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 940569

Northwest Multiple Listing Service (NWMLS)

APN: 226450-0855