Listed by Windermere Real Estate/East
NOT LISTED FOR SALE

4216 to 4228 337th Place SE Fall City, WA 98024

Estimated Value: $944,000 - $1,101,617

7 Beds
4 Baths
3,750 Sq Ft
$278/Sq Ft Est. Value

Last Sold April 30, 2019

Last sale price $615,000 $164 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $6,565/month

101 Days on Market

Highlights

  • Corner Lot
  • Partially Fenced Property
  • Wall to Wall Carpet
  • Fall City Elementary School Rated A
  • Wood Siding
  • 1-Story Property

About This Home

As of April 2019

2 Fall City Duplexes on same Taxlot, Unit 4216 is 2bd, 1 bth & Unit 4222 is 3bd 1 bth & Units 4226 & 4228 are 1bd 1 bth units. All units have washer/dryer hook-ups. 2 newer furnaces and 1 newer roof as of 2008. Both septic tanks OSS certified tanks/drain field as of 2007. East Duplex (4216 & 4222) built 1967. West Duplex (4226 & 4228) built 1961. 4228 has 420sf bsmnt. Free standing storage building in the alley. Tenants pay water/garbage. Unit 4126 is vacant; rent based on previous tenant.

Last Agent to Sell the Property

Buck Hoffman

Windermere Real Estate/East License #17373 Listed on: 12/18/2018

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1393555

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,766

Year Built

  • Built in 1967

Lot Details

  • 0.26 Acre Lot
  • Partially Fenced Property
  • Corner Lot

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,750 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Schools

  • Fall City Elementary School
  • Chief Kanim Mid Middle School
  • Mount Si High School

Utilities

  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • Fall City Addition Condos
  • Fall City Subdivision

Listing and Financial Details

  • Legal Lot and Block 16-21 / 2
  • Assessor Parcel Number 2475900155

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,766

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1967
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Fall City Addition
  • New Construction: No
  • CalculatedSquareFootage: 3750
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: What a beautiful day in the neighborhood
  • Special Features: None
  • Cumulative Days on Market: 445

Interior Features

  • Possible Use: Commercial, Multi-Family, See Remarks
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Corner Lot, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Cement/Concrete, Wood
  • Property Condition: Fair
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Septic System, Electric
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: Fall City Water
  • WaterSewerGarbage: 3385

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Snoqualmie Valley
  • High School: Mount Si High
  • Middle Or Junior School: Chief Kanim Mid

Lot Info

  • Parcel Number: 2475900155
  • Lot Size Acres: 0.26
  • Lot Size Sq Ft: 11325
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially
  • MLSLotSizeSource: OLD MLS
  • ZoningJurisdiction: County
  • ZoningClass: Commercial,Multi-Family,See Remarks
  • LotNumber: 16-21

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 3770

Multi Family

  • Gross Scheduled Income: 45240
  • Net Operating Income: 33552
  • Number Of Units Total: 4
  • Insurance Expense: 537
  • Leasable Area: 3300
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2018
  • Tax Annual Amount: 7766

MLS Schools

  • Elementary School: Fall City Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2018
Closed on
Apr 25, 2019
Sold by
Wilson Shawndell
Bought by
Ruckhaber Boyd D and Ruckhaber Carrie L
Seller's Agent
Buck Hoffman
Windermere Real Estate/East
List Price
$750,000
Sold Price
$615,000
Premium/Discount to List
-$135,000
-18%
Current Estimated Value
$1,040,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$425,654
Avg. Annual Appreciation
9.54%

Purchase Details

Closed on
Nov 16, 2018
Sold by
Wilson Shawndell
Bought by
Wilson Shawndell
Source: Public Records

Range of Values:

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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
Ruckhaber Boyd D $615,000 Cw Title
Wilson Shawndell -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bina Linda J $264,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2019 04/30/19 Sold $615,000 -8.9% $164 / Sq Ft
03/29/2019 03/29/19 Pending -- -- --
03/11/2019 03/11/19 Price Changed $675,000 -10.0% $180 / Sq Ft
12/18/2018 12/18/18 For Sale $750,000 -- $200 / 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 $10,742 $979,000 $224,000 $755,000
2023 $10,226 $903,000 $207,000 $696,000
2022 $10,259 $1,037,000 $239,000 $798,000
2021 $9,637 $822,000 $174,000 $648,000
2020 $8,487 $692,000 $147,000 $545,000
2018 $7,766 $559,000 $133,000 $426,000
2017 $6,825 $530,000 $127,000 $403,000
2016 $6,202 $469,000 $113,000 $356,000
2015 $5,854 $419,000 $91,000 $328,000
2014 -- $428,000 $93,000 $335,000
2013 -- $345,000 $75,000 $270,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1393555

Northwest Multiple Listing Service (NWMLS)

APN: 247590-0155