Listed by Keller Williams Eastside, Bought with HomeSmart Real Estate Assoc
NOT LISTED FOR SALE

Estimated Value: $1,283,000 - $1,525,000

8 Beds
4 Baths
3,954 Sq Ft
$352/Sq Ft Est. Value

Last Sold October 16, 2023

Last sale price $1,237,500 $313 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $8,449/month

5 Days on Market

Highlights

  • Deck
  • Territorial View
  • Patio
  • Lafayette Elementary School Rated A-
  • No HOA
  • 2-minute walk to Dragonfly Pavilion

About This Home

As of October 2023

Rare beautifully maintained townhouse style triplex in Youngstown neighborhood of West Seattle overlooking 5-acre Dragonfly Garden park & Longfellow Creek trail. Ideal investment opportunity with 2- 3 bedrm & 1- 2 bedrm fully rented units. Each light & bright home has large windows, open floor plans, deck or lanai, spacious updated kitchens, individual full-size washer/dryers & ample storage. Outdoor spaces provide serenity & garden areas. Strategic location provides easy access to downtown Seattle, services, cultural arts center, parks, recreation & transportation hubs. With a strong rental history & consistent cash flow, this triplex promises an attractive return on investment with both rental income & long-term appreciation potential.

Last Agent to Sell the Property

Brenda Nunes

Keller Williams Eastside License #24902 Listed on: 09/07/2023

Keller Williams Eastside

Co-Listed By

Danny Nunes

Keller Williams Eastside License #27981

Last Buyer's Agent

Chris Bajuk

HomeSmart Real Estate Assoc License #118200

HomeSmart Real Estate Assoc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2158055

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,853

Year Built

  • Built in 1979

Lot Details

  • 5,100 Sq Ft Lot
  • Property is in very good condition

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 3,954 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl Plank
  • Vinyl

Parking

  • 3 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Baseboard Heating
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • White & Manning Add Platb Condos
  • Delridge Subdivision
  • Property is near a preserve or public land

Listing and Financial Details

  • Tax Lot 23-24
  • Assessor Parcel Number 9358001840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,853

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1979
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: White & Manning ADD PlatB
  • New Construction: No
  • CalculatedSquareFootage: 3954
  • EffectiveYearBuiltSource: See Remarks
  • SOCComments: Thank you for showing!
  • Special Features: None
  • Cumulative Days on Market: 341

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Vinyl Plank, Carpet
  • Interior Amenities: Laminate Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks,Storage

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Adjacent to Public Land, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete, See Remarks
  • Property Condition: Very Good
  • Structure Type: Triplex
  • ConstructionMethods: Standard Frame

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
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: Seattle Power & Light
  • SewerCompany: City of Seattle
  • WaterCompany: City of Seattle
  • WaterSewerGarbage: 5200

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 9358001840
  • Lot Size Acres: 0.1171
  • Lot Size: 102 by 50
  • Lot Size Sq Ft: 5100
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,High Speed Internet,Patio
  • MLSLotSizeSource: Architectural drawings
  • ZoningJurisdiction: City
  • ZoningClass: Residential
  • LotNumber: 23-24

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14.96
  • LeasedItems: None
  • TotalMonthlyIncome: 6940

Multi Family

  • Gross Scheduled Income: 83580
  • Net Operating Income: 61421
  • Number Of Units Total: 3
  • Insurance Expense: 4398
  • Leasable Area: 3954
  • EnergySource: Electric,Wood
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 8853

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2023
Closed on
Oct 3, 2023
Sold by
Koreski Nolan F and Koreski Gale S
Bought by
Sajja Srivardhan and Sajja Sribhuvan
Seller's Agent
Brenda Nunes
Keller Williams Eastside
Buyer's Agent
Chris Bajuk
HomeSmart Real Estate Assoc
List Price
$1,250,000
Sold Price
$1,237,500
Premium/Discount to List
-$12,500
-1%
Views
3
Current Estimated Value
$1,372,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,961
Avg. Annual Appreciation
4.96%
Original Mortgage
$804,375
Outstanding Balance
$792,321
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$558,578

Purchase Details

Listed on
Sep 7, 2023
Closed on
Sep 26, 2023
Sold by
Sajja Srinivasa Rao
Bought by
Sabbineni Vijaya
Seller's Agent
Brenda Nunes
Keller Williams Eastside
Buyer's Agent
Chris Bajuk
HomeSmart Real Estate Assoc
List Price
$1,250,000
Sold Price
$1,237,500
Premium/Discount to List
-$12,500
-1%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$804,375
Outstanding Balance
$792,321
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$558,578

Purchase Details

Closed on
Jul 27, 1989
Sold by
Armstrong Carl T Etal
Bought by
Koreski Nolan F and Koreski Gale S
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sajja Srivardhan $1,237,500 Chicago Title
Sabbineni Vijaya $313 Chicago Title
Koreski Nolan F $103,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sabbineni Vijaya $804,375
Previous Owner Koreski Nolan F $223,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2023 10/16/23 Sold $1,237,500 -1.0% $313 / Sq Ft
09/12/2023 09/12/23 Pending -- -- --
09/07/2023 09/07/23 For Sale $1,250,000 -- $316 / 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 $10,427 $1,055,000 $548,000 $507,000
2023 $9,403 $965,000 $484,000 $481,000
2022 $9,414 $1,013,000 $440,000 $573,000
2021 $9,166 $999,000 $331,000 $668,000
2020 $9,183 $925,000 $293,000 $632,000
2018 $7,964 $958,000 $299,000 $659,000
2017 $6,836 $786,000 $250,000 $536,000
2016 $5,685 $695,000 $234,000 $461,000
2015 $4,751 $560,000 $324,000 $236,000
2014 -- $476,000 $290,000 $186,000
2013 -- $378,000 $290,000 $88,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2158055

Northwest Multiple Listing Service (NWMLS)

APN: 935800-1840