NOT LISTED FOR SALE

Estimated Value: $597,000 - $876,000

6 Beds
3 Baths
1,920 Sq Ft
$389/Sq Ft Est. Value

Last Sold July 02, 2020

Last sale price $648,000 $338 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,673/month

7 Days on Market

Highlights

  • Deck
  • Engineered Wood Flooring
  • Wood Siding
  • Lafayette Elementary School Rated A-

About This Home

As of July 2020

Investment opportunity w/ seller financing possible! Rare Seattle triplex which includes a duplex and a stand alone cottage. Each unit has 2 bedrooms, full bath and its own laundry. Cottage has a basement, was remodeled in 1994 with addl. updates made in 2015/16 including new roof & gutters, new furnace and new washer/dryer in 2018. The duplex units were remodeled 2010/2011. This part of West Seattle has easy access to freeways via W Marginal Way. Money maker with excellent rental history.

Last Buyer's Agent

Su Harambe

Windermere R E Mount Baker License #27415

Windermere R E Mount Baker

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1608033

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,087

Year Built

  • Built in 1910 | Remodeled

Lot Details

  • 3,700 Sq Ft Lot
  • Street terminates at a dead end

Home Design

  • Triplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1,920 Sq Ft Home
  • 2-Story Property

Flooring

  • Engineered Wood
  • Softwood

Additional Features

  • Deck
  • Natural Gas Connected

Community Details

  • Pigeon Point Subdivision

Listing and Financial Details

  • Legal Lot and Block Lot 36-37 / 10 Plat
  • Assessor Parcel Number 7547300920

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,087

Year Built

Built in 1910 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1910
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1920
  • Special Features: None
  • Cumulative Days on Market: 360

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Engineered Hardwood, Softwood
  • Interior Amenities: Forced Air, Fir/Softwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,See Remarks

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Brick, Wood, Wood Products
  • Foundation Details: Slab
  • Property Condition: Remodeled
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric, Natural Gas Connected
  • WaterSewerGarbage: 2915

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Parcel Number: 7547300920
  • Lot Size Acres: 0.0849
  • Lot Size: 3700
  • Lot Size Sq Ft: 3700
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck
  • MLSLotSizeSource: King County
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: Lot 36-37

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 3715

Multi Family

  • Gross Scheduled Income: 44580
  • Net Operating Income: 33404
  • Number Of Units Total: 3
  • Insurance Expense: 957
  • Leasable Area: 1920
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2018
  • Tax Annual Amount: 4087

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2020
Closed on
Jul 1, 2020
Sold by
Halstead William A
Bought by
Shaughnessy Daniel E O
Buyer's Agent
Su Harambe
Windermere R E Mount Baker
List Price
$625,000
Sold Price
$648,000
Premium/Discount to List
$23,000
3.68%
Current Estimated Value
$746,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,380
Avg. Annual Appreciation
1.23%
Original Mortgage
$478,000
Outstanding Balance
$429,282
Interest Rate
3.2%
Mortgage Type
Seller Take Back
Estimated Equity
$260,915

Purchase Details

Closed on
Mar 24, 1994
Sold by
Stevens Jon Dan and Stevens Terry Lynn
Bought by
Halstead William A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,500
Interest Rate
7.15%
Source: Public Records

Range of Values:

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Average Value
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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
Shaughnessy Daniel E O $648,000 Cw Title
Halstead William A $98,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaughnessy Daniel E O $478,000
Previous Owner Halstead William A $70,500
Closed Halstead William A $14,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2020 07/02/20 Sold $648,000 +3.7% $338 / Sq Ft
06/06/2020 06/06/20 Pending -- -- --
05/30/2020 05/30/20 For Sale $625,000 -- $326 / 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 $7,267 $726,000 $389,000 $337,000
2023 $6,171 $664,000 $344,000 $320,000
2022 $5,145 $697,000 $313,000 $384,000
2021 $4,838 $528,000 $115,000 $413,000
2020 $4,680 $476,000 $102,000 $374,000
2018 $4,087 $479,000 $105,000 $374,000
2017 $3,518 $393,000 $88,000 $305,000
2016 $3,458 $348,000 $83,000 $265,000
2015 $2,895 $333,000 $82,000 $251,000
2014 -- $283,000 $74,000 $209,000
2013 -- $232,000 $74,000 $158,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1608033

Northwest Multiple Listing Service (NWMLS)

APN: 754730-0920