Listed by John L. Scott Des Moines, Bought with John L. Scott Federal Way
NOT LISTED FOR SALE

Estimated Value: $792,000 - $917,000

4 Beds
3 Baths
2,310 Sq Ft
$369/Sq Ft Est. Value

Last Sold October 08, 2015

Last sale price $360,000 $156 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $5,112/month

34 Days on Market

Highlights

  • Deck
  • Patio
  • Wall to Wall Carpet
  • Territorial View
  • Wood Siding
  • 3-minute walk to Burnett Linear Park

About This Home

As of October 2015

Live here for free and rent the other two units out! This triplex is in the heart of downtown Renton. This is a perfect opportunity to own rather than rent! Coin operated laundry for extra income. Tenant storage spaces, updated appliances, Tenant parking in front and in back, off the street. Close to shopping, freeways, theaters and regional transit center.

Last Agent to Sell the Property

Saundra Mock

John L. Scott Des Moines License #37428 Listed on: 06/30/2015

John L. Scott Des Moines

Last Buyer's Agent

Darlene Nguyen-Chapman

John L. Scott Federal Way License #106761

John L. Scott Federal Way

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 812357

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,456

Year Built

  • Built in 1978

Lot Details

  • 5,750 Sq Ft Lot
  • Lot Dimensions are 51x115x51x115
  • Property is in average condition

Home Design

  • Triplex
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,310 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Community Details

  • Town Of Renton Condos
  • Downtown Subdivision

Listing and Financial Details

  • Legal Lot and Block 16 / 19
  • Assessor Parcel Number 7231501695

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,456

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1978
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Town of Renton
  • New Construction: No
  • CalculatedSquareFootage: 2310
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,Storage

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Slab
  • Property Condition: Average
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Renton
  • WaterCompany: Public- City of Renton
  • WaterSewerGarbage: 4200

Schools

  • Junior High Dist: Renton

Lot Info

  • Parcel Number: 7231501695
  • Lot Size Acres: 0.132
  • Lot Size: 51X115X51X115
  • Lot Size Sq Ft: 5750
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Patio
  • MLSLotSizeSource: tax
  • ZoningClass: Multi-Family
  • LotNumber: 16

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 65

Multi Family

  • Gross Scheduled Income: 27780
  • Net Operating Income: 19374
  • Number Of Units Total: 3
  • Insurance Expense: 750
  • Leasable Area: 2310
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2014
  • Tax Annual Amount: 3456

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2022
Sold by
Honka Investment Llc
Bought by
Honka Investment Llc
Current Estimated Value
$851,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,000
Outstanding Balance
$493,667
Interest Rate
5.25%
Mortgage Type
Credit Line Revolving
Estimated Equity
$355,140

Purchase Details

Closed on
Jun 29, 2017
Sold by
Nguyen Huy The
Bought by
Honka Investment Llc

Purchase Details

Listed on
Jun 30, 2015
Closed on
Oct 1, 2015
Sold by
Dewinter Victoria
Bought by
Nguyen Huy The
Seller's Agent
Saundra Mock
John L. Scott Des Moines
Buyer's Agent
Darlene Nguyen-Chapman
John L. Scott Federal Way
List Price
$365,800
Sold Price
$360,000
Premium/Discount to List
-$5,800
-1.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.99%
Original Mortgage
$210,000
Interest Rate
3.78%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 19, 2005
Sold by
Sooy Jesse James and Sooy Jesse J
Bought by
Dewinter Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,950
Interest Rate
6.36%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 23, 1995
Sold by
Tilley Brian D
Bought by
Sooy Jesse James and Sooy Jesse J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,200
Interest Rate
7.59%
Mortgage Type
Assumption
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
Honka Investment Llc -- Chicago Title
Honka Investment Llc $576,500 First American
Nguyen Huy The $360,000 Ticor National
Dewinter Victoria $324,950 Commonwealth L
Sooy Jesse James $69,839 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Honka Investment Llc $516,000
Previous Owner Nguyen Huy The $210,000
Previous Owner Dewinter Victoria $232,753
Previous Owner Dewinter Victoria $259,950
Previous Owner Sooy Jesse James $146,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2015 10/08/15 Sold $360,000 -1.6% $156 / Sq Ft
08/04/2015 08/04/15 Pending -- -- --
06/30/2015 06/30/15 For Sale $365,800 -- $158 / 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 $7,386 $720,000 $357,000 $363,000
2023 $7,455 $720,000 $197,000 $523,000
2022 $7,088 $776,000 $208,000 $568,000
2021 $6,552 $637,000 $172,000 $465,000
2020 $6,095 $563,000 $152,000 $411,000
2018 $5,701 $438,000 $152,000 $286,000
2017 $4,754 $435,000 $130,000 $305,000
2016 $4,296 $354,000 $111,000 $243,000
2015 $3,714 $324,000 $102,000 $222,000
2014 -- $293,000 $90,000 $203,000
2013 -- $242,000 $82,000 $160,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 812357

Northwest Multiple Listing Service (NWMLS)

APN: 723150-1695