Listed by Lee & Associates Commercial RE, Bought with Medawar Real Estate
NOT LISTED FOR SALE
-- Bed
-- Bath
2,420 Sq Ft
4,218 Sq Ft Lot

Sale Details

Date Sold: September 24, 2021

Last sale price $1,250,000 $517 Per Sq Ft

10 Days on Market

Highlights

  • Wood Siding
  • B.F. Day Elementary School Rated A-
  • Wall to Wall Carpet

About This Home

As of September 2021

Located in the highly sought-after neighborhood of Wallingford, known for its residential charm and central location. This well-maintained building consists of five 1 bedroom/1 bath units with an average size of 557 SF. With major capital improvements include a new metal roof, windows, and siding completed in 2016, Midvale offers investors a stabilized asset in a highly desirable location. Turn-Key as is, Investors can realize additional upside through unit updates.

Last Agent to Sell the Property

Dea Sumantri

Lee & Associates Commercial RE License #21001837 Listed on: 07/29/2021

Co-Listed By

Daniel Lim

Lee & Associates Commercial RE License #131121

Last Buyer's Agent

Amir Medawar

Medawar Real Estate License #8091

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1815234

Northwest Multiple Listing Service (NWMLS)
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,486

Year Built

  • Built in 1977

Lot Details

  • 4,218 Sq Ft Lot
  • Property is in good condition

Home Design

  • Composition Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,420 Sq Ft Home
  • 3-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Covered Spaces
  • Open Parking

Community Details

  • Fremont Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3975400025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,486

Year Built

Built in 1977

Lot Details

4,218 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1977
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • Structure Type: Multi Family
  • CalculatedSquareFootage: 2420
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition, Metal
  • Lot Features: Alley, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Property Condition: Good

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 7

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 3975400025
  • Lot Size Acres: 0.0968
  • Lot Size Sq Ft: 4218
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: County record

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 7395

Tax Info

  • Year: 2021
  • Tax Annual Amount: 12486

Multi Family

  • Number Of Units Total: 5
  • EnergySource: Electric
  • UnitsBelowGrade: false

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2026
Sold by
Bought by

Purchase Details

Listed on
Jul 29, 2021
Closed on
Sep 24, 2021
Sold by
Bought by
Seller's Agent
Dea Sumantri
Lee & Associates Commercial RE
Buyer's Agent
Amir Medawar
Medawar Real Estate
List Price
$1,250,000
Sold Price
$1,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$820,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 12, 2013
Sold by
Bought by

Purchase Details

Closed on
Sep 2, 2011
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,653,000 Chicago Title
$1,249,500 Chicago Title
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $820,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/24/2021 09/24/21 Sold $1,250,000 0.0% $517 / Sq Ft
08/08/2021 08/08/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $1,250,000 -- $517 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $11,722 $1,082,000 $548,300 $533,700
2024 $10,502 $1,041,000 $548,300 $492,700
2023 $11,237 $1,224,000 $548,300 $675,700
2022 $11,283 $1,284,000 $421,800 $862,200
2021 $12,486 $1,191,000 $421,800 $769,200
2020 $12,012 $1,264,000 $421,800 $842,200
2018 $8,824 $1,037,000 $421,800 $615,200
2017 $8,808 $862,000 $337,400 $524,600
2016 $7,544 $895,000 $316,300 $578,700
2015 -- $744,000 $274,100 $469,900
2014 -- $631,000 $231,900 $399,100
2013 -- $596,000 $210,900 $385,100
Source: Public Records

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1815234

Northwest Multiple Listing Service (NWMLS)
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