Listed by Windermere Real Estate Co., Bought with Windermere Bellevue Commons
NOT LISTED FOR SALE

Estimated Value: $1,406,585 - $1,556,000

3 Beds
4 Baths
3,340 Sq Ft
$445/Sq Ft Est. Value

Last Sold January 17, 2017

Last sale price $745,950 $223 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $8,343/month

26 Days on Market

Highlights

  • RV Access or Parking
  • Canal View
  • Wood Flooring
  • Lawton Elementary School Rated A-
  • Deck
  • 5-minute walk to Lawton Park

About This Home

As of January 2017

Price Reduced Nov 4th. Hard to find giant duplex on upscale str that really cash flows, current residents 5+ yrs so must see 2017 upside. Two Premium Apt Hm’s: Apt A 1600 sqft 3 BR/ 1.75 Bath Midcentury Galore with lg rm’s, hdwd’s, slate, wood, views, big formal Liv & Din Rm’s, master suite, etc. Apt B 1200 sqft 2 BR/ 2.0 Bath. Giant double garage, paved alley, both units “like a house”.

Last Agent to Sell the Property

Matthew Townsend

Windermere Real Estate Co. License #9599 Listed on: 10/12/2016

Windermere Real Estate Co.

Last Buyer's Agent

Doris Yuan

Windermere Bellevue Commons License #114496

Windermere Bellevue Commons

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1040781

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,655

Year Built

  • Built in 1968

Lot Details

  • 4,400 Sq Ft Lot
  • Lot Dimensions are 40 x 110
  • Partially Fenced Property
  • Property is in good condition

Property Views

  • Canal
  • Territorial

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,340 Sq Ft Home
  • 3-Story Property
  • Thermal Windows

Flooring

  • Wood
  • Slate Flooring
  • Vinyl

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces
  • RV Access or Parking

Additional Features

  • Deck
  • High Speed Internet

Community Details

  • Magnolia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2770606795

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,655

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1968
  • Buyer Agency Compensation: 3.0
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3340
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 351

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Hardwood, See Remarks, Slate, Vinyl
  • Interior Amenities: Hardwood
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks,Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Canal, Territorial
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement/Concrete, Stucco
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: No
  • Parking Features: RV Parking
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: High Speed Internet, Sewer Connected, Electric
  • PowerCompany: Seattle
  • SewerCompany: Seattle
  • WaterCompany: Seattle
  • WaterSewerGarbage: 3660

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 2770606795
  • Lot Size Acres: 0.101
  • Lot Size: 40 X 110
  • Lot Size Sq Ft: 4400
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially,High Speed Internet,RV Parking
  • MLSLotSizeSource: KCA
  • ZoningClass: Residential

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 17
  • LeasedItems: None
  • TotalMonthlyIncome: 3975

Multi Family

  • Gross Scheduled Income: 4770
  • Net Operating Income: 33166
  • Number Of Units Total: 2
  • Electric Expense: 3190
  • Insurance Expense: 1029
  • Leasable Area: 2800
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2016
  • Tax Annual Amount: 6655

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2016
Closed on
Jan 10, 2017
Sold by
Sham Peter and Cai Jing
Bought by
Cai Jing
Seller's Agent
Matthew Townsend
Windermere Real Estate Co.
Buyer's Agent
Doris Yuan
Windermere Bellevue Commons
List Price
$775,000
Sold Price
$745,950
Premium/Discount to List
-$29,050
-3.75%
Current Estimated Value
$1,350,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$604,766
Avg. Annual Appreciation
7.21%
Original Mortgage
$546,000
Outstanding Balance
$454,902
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$898,377

Purchase Details

Closed on
Mar 11, 2010
Sold by
Atlas Harry A
Bought by
Lindsay Peter S and Lindsay Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
4.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 1994
Sold by
Goff Jeanine D
Bought by
Atlas Harry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.35%
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
Cai Jing -- Ticor National
Zhang Han $745,950 Ticor National
Lindsay Peter S $526,200 Commonwealth L
Atlas Harry A $225,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Han $546,000
Previous Owner Lindsay Peter S $212,000
Previous Owner Atlas Harry A $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2017 01/17/17 Sold $745,950 -3.7% $223 / Sq Ft
11/08/2016 11/08/16 Pending -- -- --
11/04/2016 11/04/16 Price Changed $775,000 0.0% $232 / Sq Ft
11/04/2016 11/04/16 For Sale $775,000 -3.1% $232 / Sq Ft
10/21/2016 10/21/16 Pending -- -- --
10/12/2016 10/12/16 For Sale $799,950 -- $240 / 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 $10,595 $1,088,000 $523,000 $565,000
2023 $9,930 $1,066,000 $577,000 $489,000
2022 $9,066 $1,160,000 $542,000 $618,000
2021 $8,452 $972,000 $454,000 $518,000
2020 $8,904 $858,000 $415,000 $443,000
2018 $8,152 $886,000 $418,000 $468,000
2017 $7,194 $814,000 $325,000 $489,000
2016 $6,655 $742,000 $296,000 $446,000
2015 $5,603 $670,000 $269,000 $401,000
2014 -- $575,000 $230,000 $345,000
2013 -- $553,000 $222,000 $331,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1040781

Northwest Multiple Listing Service (NWMLS)

APN: 277060-6795