Listed by Homes & Equity Real Estate Grp, Bought with The Preview Group
NOT LISTED FOR SALE

Estimated Value: $1,003,000 - $1,189,000

4 Beds
2 Baths
2,010 Sq Ft
$542/Sq Ft Est. Value

Last Sold December 12, 2017

Last sale price $827,000 $411 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $6,599/month

15 Days on Market

Highlights

  • Lake View
  • Wood Flooring
  • Partially Fenced Property
  • Garfield High School Rated A
  • Patio
  • 3-minute walk to Frink Park

About This Home

As of December 2017

Back on Market! Legal duplex in coveted Leschi Community. Upper unit completely updated for ready move-in, lower unit in great condition for rental unit. Live upstairs, rent downstairs, live in both. Or rent either/or unit as a daily rental using Turnkey, Air B&B or Kayak websites for advertising and exposure. Views of lake, cities, mountains and bridges. Minutes additional 550+ sq ft of unfinished attic space.

Last Agent to Sell the Property

Paul Holmstrom

Homes & Equity Real Estate Grp License #120037 Listed on: 10/24/2017

Last Buyer's Agent

Wayne Smith

The Preview Group License #95835

The Preview Group

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1211364

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,840

Year Built

  • Built in 1915

Lot Details

  • 2,400 Sq Ft Lot
  • Partially Fenced Property
  • Value in Land
  • Property is in good condition

Home Design

  • Duplex
  • Block Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,010 Sq Ft Home
  • 2-Story Property
  • Lake Views

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Parking

  • 3 Parking Spaces
  • Open Parking

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • Leschi Subdivision

Listing and Financial Details

  • Legal Lot and Block Legal Muirs BL Replat B 71 / Burkes 2nd S Pt of 5 & All 6
  • Assessor Parcel Number 5712000045

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,840

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1915
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2010
  • Special Features: None
  • Cumulative Days on Market: 395

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Forced Air, Ceramic Tile, Hardwood, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Lake
  • Lot Features: Alley, Paved, Value In Land
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Block
  • Property Condition: Good
  • Structure Type: Duplex

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
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: Seattle City Light
  • SewerCompany: Seattle PUD
  • WaterCompany: Seattle PUD
  • WaterSewerGarbage: 1040

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 5712000045
  • Lot Size Acres: 0.0551
  • Lot Size Sq Ft: 2400
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Gas Available,Patio
  • MLSLotSizeSource: Tax Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: Legal Muirs BL Replat B 71

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Multi Family

  • Gross Scheduled Income: 49200
  • Number Of Units Total: 2
  • Electric Expense: 1410
  • Insurance Expense: 815
  • Leasable Area: 2010
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 4

Tax Info

  • Year: 2016
  • Tax Annual Amount: 4840

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2017
Closed on
Dec 7, 2017
Sold by
Somppi Victoria S
Bought by
Wright Jesse
Seller's Agent
Paul Holmstrom
Homes & Equity Real Estate Grp
Buyer's Agent
Wayne Smith
The Preview Group
List Price
$835,000
Sold Price
$827,000
Premium/Discount to List
-$8,000
-0.96%
Current Estimated Value
$1,070,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,843
Avg. Annual Appreciation
3.26%
Original Mortgage
$100,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 2000
Sold by
Somppi John E and Somppi Victoria S
Bought by
Somppi Victoria S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,030
Interest Rate
8.2%
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
Wright Jesse $815,000 Wfg Natl Title Co Of Wa Llc
Somppi Victoria S -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Jesse $80,000
Open Jesse Wright $711,700
Closed Wright Jesse $700,000
Closed Wright Jesse $100,000
Previous Owner Somppi John E $200,000
Previous Owner Somppi John E $100,000
Previous Owner Somppi Victoria S $27,030
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2017 12/12/17 Sold $827,000 -1.0% $411 / Sq Ft
11/10/2017 11/10/17 Pending -- -- --
10/25/2017 10/25/17 For Sale $835,000 -- $415 / 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 $9,173 $947,000 $435,000 $512,000
2023 $8,220 $864,000 $406,000 $458,000
2022 $7,277 $968,000 $406,000 $562,000
2021 $7,135 $784,000 $329,000 $455,000
2020 $7,478 $730,000 $253,000 $477,000
2018 $5,828 $727,000 $259,000 $468,000
2017 $4,850 $581,000 $230,000 $351,000
2016 $4,697 $498,000 $201,000 $297,000
2015 $4,190 $472,000 $191,000 $281,000
2014 -- $429,000 $131,000 $298,000
2013 -- $379,000 $121,000 $258,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1211364

Northwest Multiple Listing Service (NWMLS)

APN: 571200-0045