NOT LISTED FOR SALE

420 E Sunset Way Issaquah, WA 98027

Olde Town Neighborhood

Estimated Value: $3,357,000

-- Bed
-- Bath
7,500 Sq Ft
$448/Sq Ft Est. Value

Last Sold February 17, 2012

Last sale price $1,200,000 $160 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $18,463/month

126 Days on Market

Highlights

  • 0.4 Acre Lot
  • Territorial View
  • Wall to Wall Carpet
  • Clark Elementary School Rated A
  • Wood Siding

About This Home

As of February 2012

Must See! Wonderful Downtown Issaquah 10 Plex, Easy to manage, easy to rent, All units are spacious 2 Bed units with recent updates and washers & dryers in each unit, 100% Rented, No Vacancies!! Many Long term tenants paying low rent, lots of potential to increase rents. Market rent is atleast 1050 per unit, last 2 tenants were signed at 1050. Nice landscaped courtyard. Property consist of 2 four plexes and a Duplex, Please do not disturb tenants, large 17272 sq ft lot

Last Agent to Sell the Property

Vu Nguyen

John L. Scott, Inc License #103650 Listed on: 10/07/2011

John L. Scott, Inc

Last Buyer's Agent

Vu Nguyen

John L. Scott, Inc License #103650 Listed on: 10/07/2011

John L. Scott, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 283009

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,468

Year Built

  • Built in 1968

Lot Details

  • 0.4 Acre Lot

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 7,500 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 12 Parking Spaces
  • Open Parking

Schools

  • Clark Elementary School
  • Issaquah Mid Middle School
  • Issaquah High School

Community Details

  • Downtown Issaquah Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5279100475

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,468

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1968
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 7500
  • Special Features: None
  • Cumulative Days on Market: 396

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 12
  • Open Parking: Yes
  • Total Parking Spaces: 12
  • ParkingUncoveredSpaces: 12

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 8919

Schools

  • Junior High Dist: Issaquah
  • High School: Issaquah High
  • Middle Or Junior School: Issaquah Mid

Lot Info

  • Parcel Number: 5279100475
  • Lot Size Acres: 0.3965
  • Lot Size Sq Ft: 17272
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10
  • LeasedItems: None
  • TotalMonthlyIncome: 9425

Multi Family

  • Gross Scheduled Income: 113100
  • Net Operating Income: 90316
  • Number Of Units Total: 10
  • Insurance Expense: 2397
  • Leasable Area: 7500
  • UnitsInBuildingTotal: 10
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2011
  • Tax Annual Amount: 11468

MLS Schools

  • Elementary School: Clark Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2011
Closed on
Feb 17, 2012
Sold by
Nguyen Thach and Ng Camie
Bought by
420 Sunset Llc
Seller's Agent
Vu Nguyen
John L. Scott, Inc
Buyer's Agent
Vu Nguyen
John L. Scott, Inc
List Price
$1,300,000
Sold Price
$1,200,000
Premium/Discount to List
-$100,000
-7.69%
Total Days on Market
126
Current Estimated Value
$3,357,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,157,000
Avg. Annual Appreciation
4.99%

Purchase Details

Closed on
Mar 8, 2005
Sold by
Schroeder Thomas C and Schroeder Roberta E
Bought by
Nguyen Thach and Ng Camie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
5.65%
Source: Public Records

Range of Values:

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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
420 Sunset Llc $1,097,500 Stewart Title
Nguyen Thach $1,021,000 Fidelity Natio
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 420 Sunset Llc $993,750
Previous Owner Nguyen Thach $800,000
Previous Owner Nguyen Thach $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2012 02/17/12 Sold $1,200,000 -7.7% $160 / Sq Ft
02/11/2012 02/11/12 Pending -- -- --
10/07/2011 10/07/11 For Sale $1,300,000 -- $173 / 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 $7,764 $940,800 $635,000 $305,800
2023 $8,024 $1,053,600 $635,000 $418,600
2022 $9,381 $1,056,000 $571,500 $484,500
2021 $9,310 $1,013,000 $285,700 $727,300
2020 $8,064 $934,400 $285,700 $648,700
2018 $6,804 $665,600 $238,100 $427,500
2017 $6,393 $660,000 $238,100 $421,900
2016 $5,874 $644,000 $190,500 $453,500
2015 $5,272 $581,000 $190,500 $390,500
2014 -- $512,800 $196,800 $316,000
2013 -- $450,000 $196,800 $253,200
Source: Public Records

Agents Affiliated with this Home

  • Vu Nguyen

    Seller's Agent in 2012

    Vu Nguyen

    John L Scott

    (206) 226-4197

    45 Total Sales

    Vu Nguyen
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 283009

Northwest Multiple Listing Service (NWMLS)

APN: 527910-0476

Washington King County Issaquah 98027 Olde Town

420 E Sunset Way, Issaquah, WA

This home is located at 420 E Sunset Way, Issaquah, WA 98027 since 07 October 2011 and is currently estimated at $3,357,000, approximately $447 per square foot. This property was built in 1968. 420 E Sunset Way is a home located in King County with nearby schools including Clark Elementary School, Issaquah Middle School, and Issaquah High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.

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