NOT LISTED FOR SALE

Estimated Value: $2,083,904 - $2,554,000

8 Beds
8 Baths
4,144 Sq Ft
$550/Sq Ft Est. Value

Last Sold March 01, 2018

Last sale price $1,850,000 $446 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $13,466/month

128 Days on Market

Highlights

  • Newly Remodeled
  • Lake View
  • Wood Flooring
  • B.F. Day Elementary School Rated A-
  • Deck
  • 3-minute walk to Troll's Knoll Park

About This Home

As of March 2018

Rare, 2015 built new-construction fourplex with Lake Union & Downtown Seattle views; blocks from the heart of Fremont & easy access to Wallingford, Green Lake, Phinney, Ballard, & Downtown Seattle. Beautiful modern style & finish. Strong rents with room to maximize (ask agent for projections). Turnkey; add to your portfolio & enjoy rent growth & asset appreciation in a hot Seattle neighborhood. Owner-occupants: Take advantage of great multi-family loan products & let others pay your mortgage.

Last Agent to Sell the Property

Michael Doyle

Windermere Real Estate Midtown License #18793 Listed on: 09/15/2017

Windermere Real Estate Midtown

Co-Listed By

Sarah Clifton

Windermere Real Estate Midtown License #23564

Last Buyer's Agent

Joel Ramos

Heaton Dainard, LLC License #84199

Heaton Dainard, LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1194146

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,012

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • 2,473 Sq Ft Lot
  • Sprinkler System
  • Property is in very good condition

Property Views

  • Lake
  • City
  • Territorial

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Poured Concrete
  • Wood Composite

Interior Spaces

  • 4,144 Sq Ft Home
  • 4-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Parking

  • 3 Parking Spaces
  • Open Parking

Additional Features

  • Deck
  • Cable TV Available

Community Details

  • Fremont Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1972201655

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,012

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 2015
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: Yes
  • CalculatedSquareFootage: 4144
  • NewConstruction: Completed
  • Special Features: NewHome
  • Cumulative Days on Market: 369

Interior Features

  • Possible Use: Commercial
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Stories: 4
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Flat
  • View: City, Lake, Territorial
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Quadruplex

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: Cable Connected, Sewer Connected, Electric
  • PowerCompany: SCL
  • SewerCompany: SPU
  • WaterCompany: SPU
  • WaterSewerGarbage: 6252

Schools

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

Lot Info

  • Parcel Number: 1972201655
  • Lot Size Acres: 0.0568
  • Lot Size Sq Ft: 2473
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Sprinkler System
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Commercial

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 18
  • LeasedItems: None
  • TotalMonthlyIncome: 9350

Multi Family

  • Gross Scheduled Income: 112200
  • Net Operating Income: 82266
  • Number Of Units Total: 4
  • Insurance Expense: 1940
  • Leasable Area: 4144
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2017
  • Tax Annual Amount: 15012

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2017
Closed on
Feb 23, 2018
Sold by
One356 Llc
Bought by
Oh Hyun Seok and Le Chi Quynh
Seller's Agent
Michael Doyle
Windermere Real Estate Midtown
Buyer's Agent
Joel Ramos
Heaton Dainard, LLC
List Price
$1,929,850
Sold Price
$1,850,000
Premium/Discount to List
-$79,850
-4.14%
Total Days on Market
128
Current Estimated Value
$2,280,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$430,476
Original Mortgage
$1,282,700
Interest Rate
4.04%

Purchase Details

Listed on
Jun 5, 2013
Closed on
Aug 28, 2013
Sold by
Judson Henry M
Bought by
One356 Llc
Seller's Agent
Kyle Rose
Windermere RE Greenwood
Buyer's Agent
Michael Doyle
Windermere Real Estate Midtown
List Price
$175,000
Sold Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
68.88%

Purchase Details

Closed on
Jun 12, 2012
Sold by
Estate Of John M Meaney
Bought by
Hudson Henry H and The Stephen J & Irene L Meaney Family Tr

Purchase Details

Closed on
Jun 1, 2006
Sold by
Meaney John M
Bought by
Meaney John M

Purchase Details

Closed on
Sep 1, 1998
Sold by
Stephen & Irene Meaney Family Ltd Prtnrs
Bought by
Meaney Stephen J and Meaney Irene L

Purchase Details

Closed on
Aug 7, 1996
Sold by
Meaney Stephen J and Meaney Irene L
Bought by
Stephen & Irene Meaney Family Ltd Partne
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
Oh Hyun Seok $1,850,000 First American Title Insuran
One356 Llc $175,000 First American
Hudson Henry H -- None Available
Meaney John M -- None Available
Meaney Stephen J -- --
Stephen & Irene Meaney Family Ltd Partne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oh Hyun Seok $1,242,278
Closed Oh Hyun Seok $1,282,700
Previous Owner One356 Llc $690,400
Previous Owner One356 Llc $685,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2018 03/01/18 Sold $1,850,000 -4.1% $446 / Sq Ft
01/22/2018 01/22/18 Pending -- -- --
10/26/2017 10/26/17 Price Changed $1,929,850 0.0% $466 / Sq Ft
10/26/2017 10/26/17 For Sale $1,929,850 +4.3% $466 / Sq Ft
10/05/2017 10/05/17 Off Market $1,850,000 -- --
09/27/2017 09/27/17 Pending -- -- --
09/15/2017 09/15/17 For Sale $1,995,000 +1040.0% $481 / Sq Ft
08/30/2013 08/30/13 Sold $175,000 0.0% $224 / Sq Ft
06/10/2013 06/10/13 Pending -- -- --
06/05/2013 06/05/13 For Sale $175,000 -- $224 / 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 $16,368 $1,720,000 $408,000 $1,312,000
2023 $16,389 $1,860,000 $408,000 $1,452,000
2022 $16,995 $1,959,000 $370,900 $1,588,100
2021 $19,338 $1,873,000 $370,900 $1,502,100
2020 $20,040 $2,031,000 $370,900 $1,660,100
2018 $19,996 $2,132,000 $284,300 $1,847,700
2017 $15,012 $2,055,000 $259,600 $1,795,400
2016 $7,272 $1,589,000 $210,200 $1,378,800
2015 $1,818 $736,000 $178,000 $558,000
2014 -- $168,000 $168,000 $0
2013 -- $206,000 $148,000 $58,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1194146

Northwest Multiple Listing Service (NWMLS)

APN: 197220-1655