Listed by Pellego, Inc., Bought with Windermere Real Estate Midtown
NOT LISTED FOR SALE

Estimated Value: $976,719 - $1,230,000

4 Beds
3 Baths
2,760 Sq Ft
$399/Sq Ft Est. Value

Last Sold April 28, 2021

Last sale price $900,000 $326 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $6,670/month

66 Days on Market

Highlights

  • Softwood Flooring
  • Partially Fenced Property
  • 2-minute walk to Hazel Heights P-Patch Community Garden
  • B.F. Day Elementary School Rated A-
  • Wood Siding

About This Home

As of April 2021

Charming Fremont triplex with 3 off-street parking spots and awesome walkability, transit options, and amenities! Built as a legal triplex (not converted), the upper two units are 2bed/1bath with covered back porch, top-level bedroom, and dining nook. Ground-level unit is 1bed/1bath and has an enclosed porch. Professionally landscaped and hardscaped, this property is tucked away from the street and very private. LR1 zoning, no required parking, & large lot size magnify future redevelopment possibilities. Awesome income property in a great location with long-term upside!

Last Agent to Sell the Property

Lucas Roth

Pellego, Inc. License #112132 Listed on: 01/12/2021

Pellego, Inc.

Co-Listed By

Lacie Roth

Pellego, Inc. License #109448

Last Buyer's Agent

Harold Berry

Windermere Real Estate Midtown License #119388

Windermere Real Estate Midtown

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1716391

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,969

Year Built

  • Built in 1921

Lot Details

  • 5,515 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,760 Sq Ft Home
  • 3-Story Property

Flooring

  • Softwood
  • Wall to Wall Carpet
  • Ceramic Tile

Parking

  • 3 Parking Spaces
  • Open Parking

Schools

  • Bf Day Elementary School
  • Hamilton Mid Middle School
  • Lincoln High School

Community Details

  • Fremont Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1819800025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,969

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1921
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2760
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Residential, See Remarks
  • Fireplace: No
  • Flooring: Ceramic Tile, Softwood, Carpet
  • Interior Amenities: Ceramic Tile, Fir/Softwood, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Triplex

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
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: SCL
  • SewerCompany: SPU
  • WaterCompany: SPU
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Seattle
  • High School: Lincoln High
  • Middle Or Junior School: Hamilton Mid

Lot Info

  • Parcel Number: 1819800025
  • Lot Size Acres: 0.1266
  • Lot Size Sq Ft: 5515
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially
  • MLSLotSizeSource: KCR
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential,See Remarks

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 24
  • LeasedItems: None
  • TotalMonthlyIncome: 3990

Multi Family

  • Gross Scheduled Income: 42780
  • Net Operating Income: 29352
  • Number Of Units Total: 3
  • Insurance Expense: 1359
  • Leasable Area: 2760
  • EnergySource: Electric
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 9969

MLS Schools

  • Elementary School: Bf Day

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2021
Closed on
Apr 27, 2021
Sold by
Mcintyre Douglas H
Bought by
Franzen Eric
Seller's Agent
Lucas Roth
Pellego, Inc.
Buyer's Agent
Harold Berry
Windermere Real Estate Midtown
List Price
$1,025,000
Sold Price
$900,000
Premium/Discount to List
-$125,000
-12.2%
Current Estimated Value
$1,101,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,430
Avg. Annual Appreciation
4.62%
Original Mortgage
$720,000
Outstanding Balance
$651,480
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$449,950

Purchase Details

Closed on
Nov 5, 2010
Sold by
Ludwig Barbi Jo and Ludwig Egan
Bought by
Mcintyre Douglas H and Mcintyre Lorrie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2005
Sold by
4122 Rental Llc
Bought by
Blaylock Barbi Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,250
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2004
Sold by
Goodmanson Tyler
Bought by
4122 Rental Llc

Purchase Details

Closed on
Nov 10, 2002
Sold by
Novstrup Dale A and Novstrup Karen A
Bought by
Goodmanson Tyler

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,600
Interest Rate
7.52%
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
Franzen Eric $900,000 First American Title
Mcintyre Douglas H $490,000 First American
Blaylock Barbi Jo $479,000 First American
4122 Rental Llc -- Chicago Title
Goodmanson Tyler $402,980 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franzen Eric $720,000
Previous Owner Mcintyre Douglas H $367,500
Previous Owner Blaylock Barbi Jo $359,250
Previous Owner Goodmanson Tyler $321,600
Closed Goodmanson Tyler $60,300
Closed Blaylock Barbi Jo $119,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2021 04/28/21 Sold $900,000 -7.7% $326 / Sq Ft
03/19/2021 03/19/21 Pending -- -- --
02/12/2021 02/12/21 Price Changed $975,000 -4.9% $353 / Sq Ft
01/12/2021 01/12/21 For Sale $1,025,000 -- $371 / 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 $9,957 $971,000 $736,000 $235,000
2023 $9,753 $973,000 $726,000 $247,000
2022 $11,347 $1,052,000 $649,000 $403,000
2021 $10,021 $891,000 $567,000 $324,000
2020 $9,970 $992,000 $991,000 $1,000
2018 $8,149 $882,000 $527,000 $355,000
2017 $7,042 $786,000 $469,000 $317,000
2016 $6,521 $699,000 $421,000 $278,000
2015 $5,788 $645,000 $390,000 $255,000
2014 -- $585,000 $353,000 $232,000
2013 -- $514,000 $311,000 $203,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1716391

Northwest Multiple Listing Service (NWMLS)

APN: 181980-0025