Listed by RE/MAX Northwest, Bought with YourSeattleHomeTeam.com, Inc.
$799,950
SOLD AUG 9, 2019
-- Bed
-- Bath
2,040 Sq Ft
5,900 Sq Ft Lot

Recently Sold

$392 Per Sq Ft

4 Days on Market

Highlights

  • Views of a Sound
  • Deck
  • Wall to Wall Carpet
  • Lafayette Elementary School Rated A-
  • Wood Siding

About This Home

As of August 2019

Great opportunity to own a fully turnkey duplex in rapidly appreciating Pigeon Point. Upper and Lower with a similar layout, Upper has VIEWS, a sweet deck and tons of natural light. Lower includes a detached cottage that can be used for storage, relaxation, etc. Property has been really well maintained inside and out. Both tenants have signed leases into mid-2020. Phenomenal location for prospective tenants, super close to WS Bridge and Junction shopping, but SO QUIET up at the TOP of the hill.

Last Agent to Sell the Property

William Sears

RE/MAX Northwest License #100341 Listed on: 06/21/2019

RE/MAX Northwest

Last Buyer's Agent

Lynn Robertson

YourSeattleHomeTeam.com, Inc. License #49689

YourSeattleHomeTeam.com, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1476886

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,116

Year Built

  • Built in 1958

Lot Details

  • 5,900 Sq Ft Lot
  • Property is in good condition

Parking

  • 3 Parking Spaces

Property Views

  • Views of a Sound
  • Bay
  • City
  • Mountain
  • Limited

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,040 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • Cable TV Available

Community Details

  • Pigeon Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7547301035

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,116

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1958
  • Buyer Agency Compensation: 2.75
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2040
  • Special Features: None
  • Cumulative Days on Market: 371

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Forced Air, Laminate Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks,Storage

Exterior Features

  • Roof: Composition
  • View: Bay, City, Mountain(s), Partial, Sound
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 3
  • Carport Y N: No
  • Open Parking: No
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Electric
  • WaterSewerGarbage: 3762

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 7547301035
  • Lot Size Acres: 0.1354
  • Lot Size Sq Ft: 5900
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Gas Available,Outbuildings,Shop
  • MLSLotSizeSource: Realist
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 4700

Multi Family

  • Gross Scheduled Income: 56400
  • Net Operating Income: 42485
  • Number Of Units Total: 2
  • Insurance Expense: 1217
  • Leasable Area: 2420
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2019
  • Tax Annual Amount: 6116

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2019
Closed on
Jul 24, 2019
Sold by
Sharp William Edward
Bought by
Wolk Gregory and Wolk Jessica
Seller's Agent
William Sears
RE/MAX Northwest
Buyer's Agent
Lynn Robertson
YourSeattleHomeTeam.com, Inc.
List Price
$799,950
Sold Price
$799,950
Current Estimated Value
$915,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,418
Avg. Annual Appreciation
2.25%
Original Mortgage
$599,962
Outstanding Balance
$526,914
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$388,454

Purchase Details

Listed on
Jun 30, 2013
Closed on
Aug 1, 2013
Sold by
Ouk Chung Jin and Sharp William Edward
Bought by
Sharp William E
Seller's Agent
Dale Cox
The Preview Group
List Price
$525,000
Sold Price
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%
Original Mortgage
$393,750
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 30, 2013
Closed on
Jul 31, 2013
Sold by
Cox Dale W and Nelson Darcie E
Bought by
Sharp William Edward
Seller's Agent
Dale Cox
The Preview Group
List Price
$525,000
Sold Price
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,750
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2002
Sold by
Middleton Rosanne A and Danielson Mary Jane
Bought by
Cox Dale W and Nelson Darcie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.86%

Purchase Details

Closed on
Jun 15, 1990
Sold by
Dawley Merton L
Bought by
Dawley Lewis W and Dawley Earl M+
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 $799,950 Old Republic Title Ltd
Interfamily Deed Transfer -- Chicago Title
Warranty Deed $525,000 Chicago Title
Warranty Deed $230,000 Stewart Title
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $380,000 New Conventional
Open $599,962 New Conventional
Previous Owner $393,750 New Conventional
Previous Owner $184,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2019 08/09/19 Sold $799,950 0.0% $392 / Sq Ft
06/25/2019 06/25/19 Pending -- -- --
06/21/2019 06/21/19 For Sale $799,950 +52.4% $392 / Sq Ft
08/08/2013 08/08/13 Sold $525,000 0.0% $152 / Sq Ft
07/09/2013 07/09/13 Pending -- -- --
06/30/2013 06/30/13 For Sale $525,000 -- $152 / 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 $8,379 $826,000 $394,000 $432,000
2023 $7,127 $755,000 $348,000 $407,000
2022 $6,857 $793,000 $317,000 $476,000
2021 $6,679 $703,000 $282,000 $421,000
2020 $6,676 $651,000 $250,000 $401,000
2018 $5,781 $674,000 $255,000 $419,000
2017 $4,967 $553,000 $213,000 $340,000
2016 $4,463 $489,000 $200,000 $289,000
2015 $3,739 $428,000 $147,000 $281,000
2014 -- $364,000 $132,000 $232,000
2013 -- $274,000 $132,000 $142,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1476886

Northwest Multiple Listing Service (NWMLS)

APN: 754730-1035