Listed by Paragon Real Estate Advisors
NOT LISTED FOR SALE

Estimated Value: $1,015,780 - $1,154,000

4 Beds
3 Baths
2,560 Sq Ft
$415/Sq Ft Est. Value

Last Sold April 01, 2022

Last sale price $1,050,000 $410 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $6,425/month

9 Days on Market

Highlights

  • No HOA
  • Wood Siding
  • 1-minute walk to Ross Park
  • B.F. Day Elementary School Rated A-

About This Home

As of April 2022

The property consists of two large 1,280 square foot townhouse style units each with two bedrooms and an additional den or unfinished basement space. Additionally, the property has four parking spaces. The Fremont Duplex presents the opportunity for a buyer to build a DADU in the backyard taking advantage of the large parcel and corner lot (Buyer to Verify). The duplex presents the perfect opportunity for an investor, owner occupant, developer, or combination of the three.

Last Agent to Sell the Property

Michael Urquhart

Paragon Real Estate Advisors License #135356 Listed on: 02/14/2022

Co-Listed By

Brian Platt

Paragon Real Estate Advisors License #85375

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1888664

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,405

Year Built

  • Built in 1944

Lot Details

  • 6,600 Sq Ft Lot

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,560 Sq Ft Home
  • 2-Story Property

Parking

  • 4 Parking Spaces
  • Open Parking

Community Details

  • No Home Owners Association
  • Fremont Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2516000565

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,405

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1944
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2560
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Forced Air
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Utilities: Sewer Connected, Natural Gas Connected
  • WaterSewerGarbage: 3472

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 2516000565
  • Lot Size Acres: 0.1515
  • Lot Size Sq Ft: 6600
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: King County

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 5100

Multi Family

  • Gross Scheduled Income: 61200
  • Net Operating Income: 44461
  • Number Of Units Total: 2
  • Insurance Expense: 2026
  • Leasable Area: 2560
  • EnergySource: Natural Gas
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2021
  • Tax Annual Amount: 7405

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2022
Closed on
Mar 30, 2022
Sold by
Carrie Hite
Bought by
Taschuk Gregory D
Seller's Agent
Michael Urquhart
Paragon Real Estate Advisors
List Price
$999,950
Sold Price
$1,050,000
Premium/Discount to List
$50,050
5.01%
Current Estimated Value
$1,063,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,445
Avg. Annual Appreciation
1.64%
Original Mortgage
$828,700
Outstanding Balance
$791,169
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$319,507

Purchase Details

Closed on
Jun 27, 2007
Sold by
Douce Molly Ann
Bought by
Hite Carrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$449,600
Interest Rate
7.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 13, 2000
Sold by
Douce Molly Ann
Bought by
Douce Molly Ann and Estate Of Sharon Lynn Douce
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Taschuk Gregory D $1,050,000 Fidelity National Title
Hite Carrie $562,000 Commonwealth L
Douce Molly Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taschuk Gregory D $828,700
Previous Owner Hite Carrie $449,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2022 04/01/22 Sold $1,050,000 +5.0% $410 / Sq Ft
02/23/2022 02/23/22 Pending -- -- --
02/14/2022 02/14/22 For Sale $999,950 -- $391 / 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 $9,104 $887,000 $635,000 $252,000
2023 $8,254 $831,000 $583,000 $248,000
2022 $8,394 $964,000 $550,000 $414,000
2021 $7,405 $877,000 $523,000 $354,000
2020 $7,645 $729,000 $371,000 $358,000
2018 $7,149 $778,000 $395,000 $383,000
2017 $6,086 $696,000 $356,000 $340,000
2016 $5,496 $610,000 $312,000 $298,000
2015 $4,685 $537,000 $279,000 $258,000
2014 -- $466,000 $219,000 $247,000
2013 -- $430,000 $202,000 $228,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1888664

Northwest Multiple Listing Service (NWMLS)

APN: 251600-0565